Foxconn Scales Down Investment Plan in Wisconsin
The scaled down plan will likely add to more skepticism by government officials and others about Foxconn’s investment promises.
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The Information AM
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Recent Editions
Discord Abandons Takeover Talks With Microsoft: Report
The videogame chat company is focusing instead on a potential public offering.
Netflix’s Subscriber Growth Slows to a Crawl
Netflix projects its second quarter growth will come nearly to a complete halt, unnerving investors.
Apple Announces Podcast Subscriptions, Slew of New Hardware
The new subscription service will let podcast creators charge listeners for early access to content, additional episodes, and the option to not hear ads.
Google Antitrust Woes Grow With Daily Mail Suit Over Search Results
The Daily Mail publisher accuses Google of ranking its web pages lower in search results because of reduced ad spending.
Endeavor Sets Pricing Range
Endeavor is raising most of the money from a private placement simultaneous with the IPO, likely raising the chances of success for the offering.
Amazon’s Latest Product: Haircuts
Amazon is testing the idea of letting customers use its products while having their hair cut.
China’s Antitrust Regulator Investigates Alibaba’s Joint Venture With Mining Firm
The probe shows how Alibaba continues to face heightened scrutiny even after Beijing slapped a $2.8 billion anti-monopoly fine on the company.
Spotify, Match and Tile Execs to Testify Alongside Apple and Google at Senate Hearing
The Senate antitrust hearing on mobile app stores is the latest forum for developers to push back against Apple and Google.
Microsoft Cloud Gaming Service to Arrive on iPhones
Microsoft's xCloud game streaming service will finally arrive on iPhones, but through web browsers on the devices, not as an app.
Apple Paves Way for Parler’s Return to App Store
Apple said it plans to allow Parler back into the App Store after the social media app made changes to its content moderation practices
Facebook Announces New Audio Features to Take On Clubhouse
Facebook's ‘Soundbites’ feature will allow users to create and consume short-form audio clips
Nvidia’s Arm Purchase Faces U.K. Scrutiny
The U.K. scrutiny follows similar inquiries by China’s government, raising the prospect that the deal could be delayed.
Meituan to Raise $10 Billion
Meituan's fundraising reflects the intensely competitive nature of China's food delivery market.
Tencent Pledges to Invest $7.7 Billion in Poverty Alleviation and Social Programs
The promise to invest 50 billion yuan, about $7.7 billion, comes as China’s government takes aim at the power of tech platforms such as Alibaba, Tencent and Meituan.
Ant Group Denies Report Jack Ma Mulls Giving Up Control
The report comes as the Chinese government tightens its control over Ant and the internet financial sector as a whole.
Clubhouse Confirms New Funding Round Led by Andreessen Horowitz
The new round triples what investors valued the audio social app at a few months ago.
Splunk Shares Drop 9% on CTO Departure News
Splunk CTO Tim Tully is leaving next month to become a partner at Menlo Ventures, leaving an opening in the company's management ranks.
China’s Economy Rebounded
The record 18% year-on-year quarterly growth reflects how much China had stalled during the pandemic shut down last year.
Australia Court Finds Google Misled Consumers About Location Tracking
The ruling comes as governments seek to rein in major tech companies and whether firms go too far in their collection of personal information.
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