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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.

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Recent Editions

Briefing

U.S. Regulators Ask Tesla to Recall 10% of Its Cars Over Safety Concerns

Jan 14, 2021 · 12:13am PST
The National Highway Traffic Safety Administration asked for the voluntary recall of 158,000 vehicles—around 10% of the total number of vehicles Tesla has ever produced.
Briefing

Connecticut Investigating Amazon’s Ebooks Business

Jan 13, 2021 · 6:17pm PST
Connecticut has launched a probe into whether Amazon violated competition laws through its relationships with publishers in the ebooks business.
Briefing

Snapchat Joins Twitter in Permanently Banning Trump

Jan 13, 2021 · 5:01pm PST
The move follows Twitter’s decision to also permanently ban Trump last week, and Facebook’s decision to ban his ability to post indefinitely.
Briefing

Poshmark Is Said to Price IPO at $42

Jan 13, 2021 · 3:51pm PST
The secondhand clothing marketplace will raise about $277 million in its offering.
Briefing

At CES, Microsoft’s Brad Smith Urges Tech Firms to Collaborate on Cybersecurity

Jan 13, 2021 · 1:19pm PST
To prevent future threats, companies need to proactively share data, the tech executive said.
Briefing

U.S. Won’t Impose Investment Ban on Alibaba, Tencent and Baidu

Jan 13, 2021 · 11:53am PST
In the final week of his presidential term, President Trump backs off a proposal to ban U.S. investment in some of China's most highly valued companies.
Briefing

Sequoia’s Doug Leone Says He No Longer Supports Trump

Jan 13, 2021 · 11:38am PST
The longtime managing partner at Sequoia Capital has publicly condemned the attack on the U.S. Capitol.
Briefing

Alphabet Backs Webflow at $2.1 Billion Valuation

Jan 13, 2021 · 11:21am PST
Website-design software maker Webflow has raised a $140 million Series B.
Briefing

Affirm Stock Opens 86% Above IPO Price

Jan 13, 2021 · 11:01am PST
Affirm opened at $90.90, adding fuel to the debate over IPO underpricing.
Briefing

Icon Health and Fitness Hires CFO

Jan 13, 2021 · 10:25am PST
The company’s appointment of Steven Barr is a sign the company is looking to go public this year.
Briefing

Dropbox Lays Off 11% of Global Staff, COO Departs

Jan 13, 2021 · 10:18am PST · 2 comments
Despite upgrading its core file-sharing service and branching out into new areas of remote work such as digital signatures, Dropbox is still struggling.
Briefing

Airbnb Pulls D.C. Reservations for Inauguration Week

Jan 13, 2021 · 9:20am PST
The move goes farther than Airbnb's previous efforts to assure lawmakers and the media that the homes on its site wouldn't harbor right-wing extremists.
Briefing

Qualcomm to Acquire Chipmaker Startup for $1.4 Billion

Jan 13, 2021 · 7:59am PST
The acquisition of Nuvia is aimed at giving Qualcomm an edge in 5G networking technology.
Briefing

Intel Ousts CEO Bob Swan

Jan 13, 2021 · 7:05am PST
The chief executive, in the top job for only two years, will be replaced by current VMWare CEO Pat Gelsinger.
Briefing

Chinese Facial Recognition Software Company Seeks Domestic IPO After U.S. Sanctions

Jan 13, 2021 · 1:21am PST
Megvii, owner of Face++ had initially sought a listing in Hong Kong before it was put on a U.S. blacklist.
Briefing

AWS Said It Repeatedly Warned Parler About Posts Urging Murder

Jan 12, 2021 · 10:42pm PST
No matter what happens with Parler, sooner or later the U.S. Supreme Court will be asked to consider a lawsuit filed by a "de-platformed" conservative-leaning figure or app as a test case of Big Tech’s influence over content.
Briefing

YouTube Blocks New Trump Videos for at Least a Week

Jan 12, 2021 · 9:30pm PST
It's the latest effort by an online content platform to limit the president's reach as he continues to lie about the election results following last week's deadly attack on the U.S. Capitol.
Briefing

Affirm Is Said to Price IPO at $49

Jan 12, 2021 · 4:05pm PST
That’s above Affirm’s initial pricing range of $41 to $44, which had already been raised once.
Briefing

Several Hot Tech Stocks Reach All-Time Highs

Jan 12, 2021 · 3:54pm PST
DoorDash, Asana, Uber, Pinterest and Snap all closed at their highest prices ever.
Briefing

Stripe Hires LinkedIn’s Ex-CMO to Lead Communications

Jan 12, 2021 · 3:17pm PST
At LinkedIn and OpenTable, Shannon Brayton managed communications during the startups’ IPOs.