Singapore’s Sea to Allocate $1 Billion to New Investment Unit
The New York-listed e-commerce and online gaming company, whose market value is nearly $130 billion, is ramping up its investments in other tech firms.
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Microsoft Says New Chinese Hacking Group Targeted Exchange Servers
The move comes amid fractious relations between the U.S. and China, which is increasingly taking the form of cyber attacks and cyber espionage.
Self-Driving Car Developer Cruise in Talks to Acquire Startup Voyage
Consolidation in autonomous vehicles has been a long time coming.
Microsoft Unveils Mesh Software Platform for HoloLens, VR Headsets
Microsoft announced a new platform called Microsoft Mesh for creating social and collaborative experiences on augmented and virtual reality devices.
Disney CEO Indicates Theatrical Window Won’t Return to Normal
More indications that the stranglehold that theaters had on release windows has disappeared.
Instacart’s Valuation Doubles to $39 Billion in New Fundraising
Instacart raised $265 million from a group of existing investors, both venture capitalists and mutual fund giants.
Connected TV Maker Vizio Files to Go Public
The move comes as more people are turning to Internet-enabled televisions to access all of their favorite video streaming services.
Ant Group Tries to Ease Employees’ Concerns With Promise of Future IPO
The Chinese financial technology giant is trying to prevent employees from leaving after Beijing forced the company to scrap its IPO in November.
Compass’ IPO Filing Shows $270M Loss Last Year
The company's revenue, made up almost entirely of the commissions it makes buying and selling homes, grew by 56% to $3.7 billion last year.
Roku Acquires Ad Tech Assets From Nielsen
The software would bolster Roku's rapidly expanding advertising business.
Coupang Sets IPO Pricing Range
The Korean e-commerce firm could be valued at $49 billion in the public markets.
Biden Backs Unionizing Amazon Warehouse Workers
President Joe Biden on Sunday expressed support for Amazon workers at a facility in Alabama who are in the midst of a historic unionization vote.
Zoom Video Reports Big Increase in Revenue and Profits for Q4
The videoconference company finished January with $4.2 billion in cash, positioning it to expand into new markets.
Black AWS Manager Sues Amazon Alleging Racial Discrimination, Sexual Harassment
A senior manager at Amazon Web Services filed a federal discrimination suit against the company Monday alleging racial and sexual discrimination.
Skydio Becomes First U.S. Drone Maker to Hit Unicorn Status
Andreessen Horowitz led the $171 million investment that valued the California-based hardware company at more than $1 billion.
Another Hong Kong Tycoon Looks to Raise Money Via a U.S.-Listed SPAC
Adrian Cheng, CEO of real estate-to-infrastructure conglomerate New World Development Co., is in early talks to launch a blank check company to raise as much as $400 million.
China Insurer CEO Says Beijing’s Fintech Crackdown Not Surprising
Everyone in China's internet finance sector, including Ant Group, knew tighter rules were coming, a Ping An Insurance executive says.
China’s R&D Spending Reached Record in 2020
The record spending comes as China moves to become more self-sufficient in areas such as chip development amid a trade war with the U.S.
Roblox Pitches the Metaverse Ahead of Public Listing
“Our vision is that billions of people from around the world will come to Roblox to do stuff together,” CEO David Baszucki said.
Disney Reportedly Reaches Agreement for NFL Renewal
The new deal would be 30% more expensive than the last deal Disney signed with the league.
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
