Bill Gates Left Microsoft Board Amid Probe Into Prior Relationship
The new revelation could further tarnish Gates’ legacy, which has been battered since he and his wife announced their divorce earlier this month.
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AT&T In Talks to Merge Media Businesses with Discovery
The deal would be a major retreat by AT&T, which acquired what was then known as Time Warner just three years ago for $79 billion.
Court Blocks Facebook’s Bid to Stop U.S.-EU Data Transfer Ruling
A court in Ireland ruled that an inquiry into Facebook's practice of sending EU user data to U.S. servers for processing can continue.
Andreessen Horowitz Promotes Chris Lyons To General Partner
Lyons has led the firm's Cultural Leadership Fund since 2018.
Cisco Acquires Startup to Better Manage Cybersecurity Flaws
Cisco Systems has long aimed to generate more cybersecurity revenue, and now it is filling in a key part of its strategy by acquiring Kenna Security.
ViacomCBS Doesn’t Have to Pay Moonves
CBS former CEO Les Moonves claimed the company owed him $120 million.
Stripe Acquires Fraud Prevention Startup Bouncer
The deal represents Stripe's second acquisition in the last month.
Confluent Taps Salesforce Veteran as Chief Revenue Officer
Confluent, which is building a business around Apache Kafka analytics software, adds another veteran executive to the ranks as it prepares for an IPO.
China’s Government Chastises Didi Chuxing, Meituan and Other Tech Firms
Regulators demanded these companies to provide more transparent pricing mechanisms in response to criticism commissions were too high.
IPhone Assembler Foxconn Reports Higher 1Q Profit
The rise in net profit comes after Apple reported a similar blowout quarter, with some analysts questioning whether those results were sustainable.
Cloud App Monitoring Firm New Relic Switches CEOs
New Relic hasn't been able to thrive despite the growing adoption of cloud applications, in part due to increasing competition.
Google Notches Cloud Win With Starlink Deal
Google's new SpaceX partnership will give users of the Starlink service access to cloud applications that might otherwise be out of reach.
Coinbase Says Profits Surge, Warns of ‘Unpredictable’ Future
Its stock briefly fell below the reference price for its April direct listing.
Jeff Blackburn Returns to Amazon
Just three months after announcing his departure, Blackburn is back at the internet retailer.
DoorDash Bounces Back, Generating $112 Million of Cash in First Quarter
DoorDash's free lunch may not be over after all.
Airbnb’s Strong Quarter Sets It Apart From Rivals
The travel company said it expects the recovery to continue, anticipating second-quarter revenue to be similar to 2019 levels.
Alibaba Swings to Quarterly Loss on Beijing’s Anti-Monopoly Fine
A big question is whether Alibaba will face any further consequences from China's continued crackdown on the tech sector.
Google Fined $120 Million for Excluding Italian App From Android Auto
The move shows national authorities in European countries are flexing their muscles against U.S. tech giants even as the European Commission itself investigates antitrust abuses from Brussels.
Amazon to Hire Another 75,000 Workers
The new hires, for Amazon's warehouses and transportation network, would add to the half a million new employees hired during the Covid pandemic.
Weekday mornings
The Information AM by The Information Staff
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