Chinese Fitness App Keep Valued at $2 Billion in New Funding Round
The fundraising, led by SoftBank, shows how the pandemic has boosted demand for businesses that help people work out at home.
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AWS Will Boot Parler From Its Cloud Service
Amazon Web Service plans to kick Parler, the social network popular with far-right conservatives, off its cloud service late Sunday night.
Apple Removes Social Media App Parler From App Store
The intervention is an unusual move by Apple and signals that the iPhone-maker is ready to crack down on other social media apps for similar offenses.
Cisco Sues After Networking Firm Acacia Cancels Acquisition
After making a big deal to improve its 5G networking business, Cisco is now turning to the courts after the acquisition target backed out.
Twitter Permanently Bans Trump
The social network said Trump's tweets about Biden's inauguration were encouraging supporters to plan further violence at the U.S. Capitol.
Bustle Hires Bank, Exploring SPAC Deal to Go Public
The media group is eyeing a valuation of at least $600 million.
Roku Acquires Quibi Library
The streaming device maker will see put Quibi's shows and movies on its ad-supported Roku Channel.
Hyundai Motor in Early Talks With Apple to Develop Electric Car
The news is another concrete piece of information indicating that Apple’s development of a car is progressing.
TikTok’s Owner, ByteDance, Fined in China for Vulgar Content
The investigation against short video app Douyin signaled that big content platforms will continue to be under stricter scrutiny from regulators.
Beijing Tells Media to Censor Coverage of Alibaba Antitrust Probe
The move indicates how Chinese regulators' crackdown on Alibaba has become a sensitive topic for the Communist Party.
Hawley Loses Book Deal Over Trump’s Election Challenge
Simon & Schuster cancelled the publication of a senator's book over his efforts to undermine the presidential election.
Trump Returns to Twitter After Lockout to Concede Election
The lockout policy, which Twitter has applied rarely but in other high-profile cases, required Trump to delete several offending tweets before he could post again.
Robinhood Said to Consider Selling Shares to Users in IPO
The move to allocate shares to retail investors would be unusual for an initial public offering.
Amazon Shutters Prime Pantry
Amazon shuttered the program on Wednesday, moving to consolidate its hodgepodge of grocery offerings somewhat by transferring Prime Pantry’s stock to its core retail platform.
SoFi to Go Public via SPAC Backed by Chamath Palihapitiya
The merger will value the online lender at $8.65 billion.
Twitch Suspends Trump’s Channel After Storming of Capitol
The Amazon-owned gaming service disabled the president's account, following similar moves by other social media platforms.
Shopify Bans Online Stores of Trump Campaign and Trump Organization
E-commerce platform Shopify took down online stores run by Donald Trump’s campaign and the Trump Organization Thursday following the president’s incitement of a riot at the U.S. Capitol.
Goldman Sachs TMT Head to Become Instacart CFO
The move is a sign Instacart is gearing up for a banner 2021 IPO.
Zuckerberg: Facebook Is Blocking Trump ‘Indefinitely’
Zuckerberg’s decision is the most aggressive yet taken by the social network, which has taken a generally hands-off approach to Trump’s posts
Snapchat Blocks Trump From Posting, Joining Twitter and Facebook
He won’t be able to share new content until Snap decides to lift the restriction, making it the last social network to ban the president.
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