China’s Didi Chuxing Raises $1.5 Billion for New Freight Business
Didi had aimed to raise only $400 million but was able to raise far more from investors.
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Recent Editions
SoftBank-Backed Travel Startup Klook Raises $200 Million
Hong Kong-based Klook's fundraising comes as the pandemic has dealt a severe blow to the industry.
Twitter’s Birdwatch Program Asks Users to Debunk Tweets
The program has the potential to drastically change the social network’s approach to combating misinformation and other harmful content.
Apple’s Riccio Moves to Secret Project
Apple dropped a tantalizing clue about a secret new project at the company by naming Dan Riccio, its longtime head of hardware engineering, to lead it.
Google Workers’ Union Goes Global
A new alliance aims to represent employees of the tech company in 10 countries.
Taboola and Latch Announce SPAC Mergers
The two venture-backed startups each fetched valuations over $1 billion.
Finnish Delivery Start-up Raises $530m To Fund Expansion
The fundraising will empower the Finnish firm to compete with bigger online delivery firms in Europe.
NBCU Signs Deal for WWE Network to Be Exclusive on Peacock
The deal comes at a key time as NBCU is in need of more exclusive content for its Peacock streaming service.
Huawei Mulls Selling Its Premium Smartphone Business
The company is in early discussions with a consortium backed by the Shanghai government as is struggled with U.S. sanctions.
SoftBank’s Vision Fund Loses Another Executive
The second managing partner to leave this month, Colin Fan will step back from the Vision Fund but still hold an advisory role.
China Overtakes U.S. as Top Destination for Foreign Investment
Investors flocked to China as the country beat back Covid while the U.S. continues to struggle.
ByteDance Rival Kuaishou Seeks $5.4 Billion IPO
It would be the biggest internet IPO since Uber raised more than $8 billion in 2019.
Clubhouse Confirms New Funding, Will Launch Paid Features
Andreessen Horowitz has led a new round of funding in the buzzy social app Clubhouse after investors were seeking to value the young startup at $1 billion.
Report: Databricks Raising New Round at $27 Billion Valuation
Like Snowflake, Databricks sells software that companies can use to gain valuable insights from the mountains of data they generate from operations.
Microsoft, SAP Get Cozier With Teams Integration
After getting SAP to designate its Azure service as its "preferred" cloud, Microsoft is deepening its relationship with the German software giant.
Antitrust Scholar Khan in the Running for FTC Post
Lina Khan has called for new and aggressive approaches to antitrust law. She could be the next FTC commissioner.
NBCUniversal to Shut Down Sports Cable Channel
NBCUniversal is whittling down its cable channel portfolio by closing its sports channel and shifting its programming to USA.
Away CEO Resigns After a Year at the Helm
CEO Stuart Haselden had joined the suitcase startup amid executive tumult.
Google and Facebook Threaten Australia Over News Payment Plans
Google and Facebook are making clear what's at stake.
Google Threatens to Pull Out of Search in Australia
The comment is an escalation of a fight between the U.S. tech giants and Australia over a law that would force Google to pay for headlines and news snippets.
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