Tencent, Walmart to Invest in Japan’s Rakuten in $2.2 Billion Deal
Rakuten's fundraising could intensify competition in one of Amazon's largest international markets.
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Facebook Once Again in Hot Water Over Content-Moderation
Facebook's AI research teams have reportedly been more focused on responding to accusations of political bias than with stemming the flow of toxic content.
Kilar Received $48 Million Stock Grant on Hiring to Run WarnerMedia
The stock grant appears large by AT&T standards but is in line with what is granted in the media and tech industries.
Instacart Adds Snowflake CEO to Board
Slootman has taken three companies public, so his appointment appears to be the latest signal Instacart is preparing to go public.
Chinese Regulators Considering Huge Fine Against Alibaba
The government is considering taking action against Alibaba, possibly including forcing it to divest some assets.
Alibaba Plunges Into China’s Grocery Delivery Fight
Alibaba is late to a field crowded with competitors who have invested billions of dollars in local grocery delivery services.
China, U.S. to Establish Rare Cooperation in Chip Industry
The move could signal a thaw of relations between the U.S. and China over chip making.
Twitter Tests Tipping Feature for Clubhouse Rival Spaces
If released, the feature would allow users to send each other money for participating in audio chats that can potentially reach thousands of people.
Latest SPAC Talking to BuzzFeed Has Ties to Media Executives
The SPAC, called 890 5th Avenue, is led by venture capitalist Adam Rothstein and has an NBCUniversal ad executive as a director and a former BuzzFeed exec as an advisor.
Facebook Looks to Throw Out FTC, State AG Antitrust Cases
Facebook’s move is just the beginning of years of litigation.
Apple Picks German City for New Silicon Chip Laboratory
The facility is part of a long term move by Apple to build up its engineering presence in Europe.
SoftBank-Backed Grab Mulls U.S. Listing Through SPAC Merger
The Singapore-based startup's discussions come as major SPACs backed by high-profile global investors are seeking merger targets in Southeast Asia.
Taiwan Raids Recruiters Poaching Semiconductor Talent for Chinese Crypto Miner Bitmain
The two recruitment agencies were accused of breaching Taiwanese laws meant to protect the island from mainland China's influence.
Chinese Bike Sharing Company Backed by Ant Group Files for IPO
Hello TransTech, formerly known as HelloBike, has filed confidential paperwork for an IPO in the U.S. and could seek to raise as much as $1 billion.
SoftBank Expects $16 Billion Profit From Coupang IPO
SoftBank owns 35% of South Korea's Coupang, whose New York listing now seeks to raise more than $4 billion at a valuation of $58 billion.
LinkedIn Halts New Signups in China After Microsoft Disclosed Hack
LinkedIn, one of the few Western tech platforms still operating in China, said it paused signing up new members in China to make sure it complies with local laws.
Salesforce Reportedly Planning CEO Switch
Bret Taylor, the Salesforce COO who joined in 2016, is being groomed to replace Marc Benioff as CEO of the company, possibly this year.
Dropbox Acquires File-Sharing Startup DocSend for $165 Million
Dropbox, as part of its longstanding efforts to get companies to pay for its services, is adding new document-sharing features from one of its rivals.
BuzzFeed Lays Off HuffPost Staffers After Merger
The deal is part of BuzzFeed's push to remain profitable.
Biden to Nominate Tech Critic Lina Khan to FTC
The decision to name the prominent legal scholar to the regulatory role is the latest signal that the Biden administration plans a tough stance on antitrust matters.
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