WeWork Lost $3.2 Billion in 2020
Its occupancy rate fell to 47% at the end of 2020, from 72% at the start of the year.
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The Information AM
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Recent Editions
ViacomCBS Cashes In On Stock Rally With Share Offering
ViacomCBS follows Roku, Zoom and Tesla in selling shares after enjoying a big run up in its stock price.
Box Reportedly Seeking Buyer, Shares Jump 10%
Activist hedge fund Starboard Value, which took a 7.5% stake in Box two years ago, appears to be losing patience with the company's growth plans.
TikTok Owner ByteDance Buys Chinese Game Developer in $4 Billion Deal
ByteDance, which operates TikTok and Douyin video apps, is ramping up its investment in its lesser-known businesses such as online games and education.
Google’s Head of Next Billion Users Initiative Steps Down
Caesar Sengupta has played a key role in Google's rapid expansion into India through digital payments.
David Dobrik Steps Down From Startup Dispo Amid Controversy
Spark Capital announced Sunday it would sever all ties with the startup.
Facebook Outage Takes Down Instagram, WhatsApp and Messenger
Keeping global-scale services up and running can be challenging even for the internet's most experienced providers.
Didi Chuxing Said to Seek an IPO as Early as This Summer
In response to the report, Didi Chuxing said it doesn't have a definite IPO plan.
Apple Warns Chinese App Developers Over Ad Tracking
The move comes after the newspaper reported that a Chinese advertising group had developed a workaround to Apple's looming app privacy changes.
Instagram Developing Version of App for Kids
This isn't the first time Facebook has made an app specifically for children.
Chinese Government Scolds LinkedIn for Lax Censorship
Microsoft has plenty of experience doing business in China, as that's coming in handy as LinkedIn faces scrutiny from China's internet regulators.
NFL Announces TV Renewal with all Major Media Companies, Amazon
The deal also includes special streaming rights for many of the media companies' streaming services.
Apple Accused of Delaying Keyboard App Approval to Drive Down Acquisition Price
The suit follows other developer attacks on Apple’s control of its App Store.
Chinese E-Commerce Giant Pinduoduo’s Founder Steps Down as Chairman
The leadership change comes at a time when Pinduoduo is growing rapidly and challenging market leader Alibaba.
Tencent, Alibaba Among Chinese Tech Firms Facing Regulators on Deepfakes
China's government has been increasing regulatory scrutiny as it reigns in the power of tech giants.
Stripe Is Profitable on Ebitda Basis: Report
Its financial strength may explain investor eagerness to buy into the company ahead of an expected IPO.
Google Exec Chennapragada Joins Robinhood
The long-time Google exec was close to the internet company's inner circle.
Amazon’s Health Service Set for U.S.-Wide Expansion
Amazon Care, the internet retailer's health service, will expand across the U.S. and to employers other than Amazon.
Apple Wins Challenge to App-Privacy Plans in France
France’s competition authority rejected pleas from advertising groups to block new Apple restrictions on advertising-targeting on its mobile devices.
Samsung Warns of Severe Chip Shortage
The consumer electronics giant joins a growing roster of companies warning that the chip shortage that first the automotive sector is still spreading wider.
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