Vietnamese EV Maker VinFast Plans U.S. Battery Plant
The company, part of the Vingroup conglomerate, is launching sales of its electric SUV in the U.S. later this year.
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Recent Editions
OpenSea Valued at $13.3 Billion in Round Led by Paradigm, Coatue
OpenSea’s $300 million infusion gives it a valuation of 13.3 billion, eight times higher than the valuation it received at its last funding round in July.
Collaboration Startup Miro Valued at $17.5 Billion After New Funding
Miro, an 11-year-old company that sells cloud-based work collaboration software, has seen its business expand dramatically during the pandemic.
Tokyo Game Developer Buys Stake in ‘Avengers: Endgame’ Directors’ Entertainment Firm
The deal values AGBO, which was co-founded by Joe and Anthony Russo, at $1.1 billion—the latest in a string of pricey investments in Hollywood content firms.
Tencent Sells $3 Billion of Its Stake in Singapore’s Sea
Shares of Sea, Southeast Asia's most valuable tech giant with a market capitalization of more than $100 billion, fell 11% on the news of Tencent's divestment.
China’s New Algorithm Rules Could Curb Online Content and Shopping Recommendations
The impact of the new rules, which were first proposed in draft this summer, will depend on how they’re implemented and enforced when they take effect March 1.
Sony Sets Eyes on Selling Electric Vehicles
The electronics giant announced the creation of a new business unit, Sony Mobility, to pursue development of its own electric vehicles.
Alphabet Hands Top Executives Raises, Stock Awards
Alphabet is rewarding four of its most senior executives with salary increases and fresh stock awards after a year of industry-leading share price gains
FTC Warns Companies to Fix Log4j or Face Possible Legal Action
The agency is examining the impacts on data security from underfunded, but critical open source technology.
Qualcomm and Microsoft Partner on Chip for “Lightweight” Augmented Reality Glasses
The custom Qualcomm platform will be integrated with existing software from both companies.
Bloomberg Media CEO, NYT’s Ben Smith Launch New Venture
The two executives are stepping down immediately to launch a new media company.
Google Cloud Buys Israeli Cybersecurity Firm
Cloud providers are working to bolster how quickly and efficiently they can help customers respond to cyber threats
Theranos Founder Elizabeth Holmes Convicted of Investor Fraud
A U.S. jury found her guilty of four of 11 charges in a high-profile trial that shined an unflattering light on Silicon Valley.
China’s Tighter Rules for Overseas Listings to Take Effect Next Month
The rules are part of the Chinese government's effort to increase its oversight of companies that collect potentially sensitive data in China.
Coinbase, Robinhood Backer Ribbit Capital Raises $1 Billion
Early Coinbase and Robinhood investor Ribbit Capital has raised its largest fund yet.
Samsung to Include NFT Platform in New Line of Smart TVs
The internet-connected television would give owners a way to buy and sell collectible digital assets.
Apple Becomes First U.S. Company to Reach $3 Trillion Market Capitalization
The company’s market value has more than tripled after hitting pandemic lows in March 2020.
Former Waymo CEO Joins Daimler Truck Board
John Krafcik has joined the supervisory board of Daimler Truck, a company that has partnered with Waymo on deploying autonomous trucks
Tesla Posts Growth in Deliveries Despite Shortages
The electric vehicle maker said it delivered 308,600 vehicles in the fourth quarter, up from 180,667 a year earlier.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy