Ant to Raise $34.5 Billion in IPO
The IPO will be the biggest in history and a coup for the Hong Kong and Shanghai exchanges where the stock will trade.
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The Information AM
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
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Recent Editions
Facebook Debuts Cloud Gaming Service, Excluding Apple Devices
The move highlights Facebook’s broader ambition to be a major player in video games, and another battle with Apple.
Airbnb’s Common Stock Price Rises 10%
Airbnb's common stock value is now about 20% higher than its nadir in the spring, but it still at about half its peak last year.
Facebook Could Use Tools for ‘At-Risk’ Countries for U.S. Elections
Any action to slow the spread of inflammatory posts will likely rekindle criticism that it is censoring political speech.
Female Exec Exodus at Netflix Continues
Nina Wolarsky is the latest executive to leave the streaming service amidst a shakeup.
Former TiKTok CEO Mayer Says Moderators Can’t Keep up With Content
Former TikTok CEO Mayer says regulators' demand for content moderation is almost impossible to achieve given the flood of posts from users around the world.
Huawei’s Revenue Growth Slows Amid U.S. Sanctions
The Chinese tech giant is grappling with the Trump administration's sanctions and the global coronavirus pandemic.
Expensify CEO Sends Email to Customers Urging Them to Vote for Biden
David Barrett becomes the latest tech CEO to wade into U.S. politics, a move with risks from both side of the presidential race.
China’s Lufax Seeks to Raise $2.4 Billion in New York IPO
The company had a net profit of $1 billion on income of $3.64 billion.
Apple Lobbied U.S. Congress on Uighur Slave Labor Bills
Apple lobbied Congress on a bill aimed at ensuring that U.S. companies rid their supply chains of slave labor.
Intel Shares Drop 10% on Weak Server Chip Sales
Intel continues to encounter turbulence due to pandemic-related spending shifts, as sales of server chips saw an unexpected decline during the quarter.
Tesla’s “Full Self Driving” Launches Amid Strong Financial Performance
Musk's quest to automate Tesla drive has entered a new and risky phase.
WhatsApp Plans Cloud Hosting for Business Accounts
By offering cloud hosting, Facebook is tiptoeing into a crowded market of hosting providers.
Salesforce Moves Ahead With Digital Dreamforce Plans
After telling The Information in August that a digital Dreamforce might not happen this year, Salesforce Chairman CEO Marc Benioff has had a change of heart.
WarnerMedia Heads of Distribution to Exit
The company is reorganizing its sales and distribution teams, resulting in the departures of two longtime executives.
McAfee Returns to Wall Street in Second IPO
Proceeds from the $740 million IPO will help the cybersecurity firm pay down a $525 million term loan.
Google Shopping Adds New Pricing Insights Ahead of Holiday Season
Google Shopping has made a number of changes over the past year in an effort to better compete with rival Amazon.
Senate Panel Authorizes Subpoenas for Facebook, Twitter CEOs
Republicans in the U.S. Senate are rushing to bring tech CEO's in for testimony about content moderation with just weeks to go before the presidential election.
Eko to Press on With Lawsuit Against Quibi Despite Shutdown
The lawsuit could pose issues for Quibi investors and any potential buyers of the streaming service's assets.
HBO Max Has 8.6 Million Activations
Live programming, but probably not sports, will likely play a role in the ad-supported tier of the service which will launch next year.
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