Hong Kong Billionaire Richard Li Mulls a New SPAC, But This Time Without Peter Thiel
The son of scion Li Ka-shing has already lunched two other Bridgetown SPACs with Thiel, which focused on Southeast Asia.
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Chinese Grocery App Xingsheng Selected Raises $2 Billion
The community group buying app is worth $8 billion after the fresh injection of capital, raising the stakes in China's grocery wars.
Tencent Raises $8.3 Billion in Syndicated Loan
The debt financing would provide the Chinese internet giant with a bigger war chest to make more deals overseas.
Australia Presses Ahead with Law Despite Facebook News Blackout
The Australian government said it held talks with Facebook CEO Mark Zuckerberg, who faces mounting pressure after Canada said it will follow Australia's lead.
Australia Presses Ahead With Law Despite Facebook News Blackout
The Australian government said it held talks with Facebook CEO Mark Zuckerberg, who faces mounting pressure after Canada said it will follow Australia's lead.
Facebook, Google, Twitter CEOs to Testify on Disinformation
The hearings signal that the new Congress will continue to pressure large tech companies.
Google Appoints New Ethical AI Research Leader
After an extended period of internal turmoil following the firing of respected AI research leader Timnit Gebru, Google is now trying to right the ship.
Robinhood CEO Tenev Faces Grilling at Congressional Hearing
Members of Congress grilled Tenev about whether Robinhood’s disclosures contributed to trading volatility.
Japan Singles Out Google in New Antitrust Report on Online Ad Market
The report is the latest by a global antitrust regulator focused on competition in digital advertising.
Amazon Signs Overall Deal with Donald Glover
The deal shows how more companies are going straight to talent to create programming for their streaming services.
WeWork Cut Prices by 10% in U.S.
WeWork slashed prices by as much as 20% to 25% in some cities.
Biggest Tech Funding Rounds in 2020 Were Mostly in China
China's late-stage startups raised billions of dollars from international and domestic investors last year amid a rally in the global stock market.
Apple Looking to Assemble iPads in India
Apple is lobbying India to expand an incentive scheme for laptops and tablet PCs that could clear the way for it to assemble iPads in the country.
Sequoia Led SpaceX’s Latest Funding Round
The deal shows that the investor known for stakes in companies like Instagram, YouTube and Stripe, is doubling down on its bet on Elon Musk's space program.
Australian Charities and Government Websites Also Blocked in Facebook’s Fight Over News
Facebook's wielding its clout by cutting off Australian non-profit organization and even government Covid-19 health sites in its escalating fight with the government over news.
Shopify Posts Strong Quarter, Warns of Post-Pandemic Lull
Buoyed by legions of homebound consumers, the Canadian e-commerce platform reported impressive growth on Wednesday
Databricks Strikes Analytics Pact With Google Cloud
Databricks already sells its software through Microsoft and Amazon Web Services, and now it's adding Google Cloud to the mix.
Robinhood CEO Tenev Says Company Had $3 Billion Deficit Ahead of Trading Limits
Tenev is set to argue that stock trades should be settled in real-time and not be subjected to a two-day delay.
Facebook Says it Will Block All News Content in Australia
Facebook’s decision shows how it would likely react to similar moves by other countries to force payouts to news publishers.
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