Bitcoin’s Price Tops $51,000
The value of the world’s largest cryptocurrency has soared in the past year, but skeptics warn about the market’s volatility.
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EW Scripps Sells Audio Ad Tech Business to iHeartMedia
The move strengthens iHeartMedia's podcasting play and furthers Scripps' winding down of that business.
Stock Trading App Public Confirms $1.2 Billion Valuation
The Robinhood competitor has raised $220 million from investment firm Tiger Global.
North Korean hackers charged with cryptocurrency theft, Sony Pictures cyberattack
The charges expanded on allegations relating to the 2014 hack of Sony Pictures as well as the theft of cash and cryptocurrency.
Amazon Skirted Local Laws in India, Report Says
Amazon skirted local laws in India in an effort to expand in that country's lucrative ecommerce market, an investigation by Reuters revealed.
Epic Games Takes Antitrust Fight Against Apple to Europe
The maker of Fortnite submitted an antitrust complaint with European regulators against Apple, the latest salvo in the game company’s battle with the tech giant.
Google and News Corp Reach Deal on Payments for News
The deal ends a long standoff between Murdoch's news empire and Australian regulators.
Lunar New Year Helps China Box Office Set New Record
China is on track to overtake the U.S. in box office receipts for a second year due to ticket sales during the Lunar New Year holiday
China Blocked Ant IPO Over Concerns About Politically Connected Shareholders
Ant's investors who stood to gain from the IPO included those with ties to political families that represent a potential challenge to President Xi Jinping.
Local Rival Gains From Twitter’s Trouble in India
The Koo app, which lets users post brief messages in English and several Indian languages, has seen the number of downloads surge while Twitter battles over censorship.
DOJ Opens In-Depth Antitrust Review of Salesforce’s $27.7 Billion Slack Deal
Deals between companies that don't compete with each other no longer get a free pass from antitrust regulators.
Amazon Acquires Shopify Competitor Selz
The move speaks to Amazon’s growing ambitions in the third-party seller space
North Dakota Senate Blocks Epic-Backed Bill
The bill is likely to be the first of a series of state bills aimed at watering down Apple and Google's control of their app stores.
Palantir Stock Falls as Firm Forecasts Slower Growth in 2021
Palantir's revenue growth rate rebounded this year but its cash burn also doubled, a sign it is spending more to accelerate growth.
Indonesian Travel Startup Traveloka Plans SPAC Listing This Year
Traveloka, Southeast Asia's biggest online travel startup backed by Expedia, is the latest example of Asian tech unicorns turning to SPACs to go public.
China Considers Banning Rare Earth Exports to the U.S.
That move could have a major impact on both consumer electronics and electric vehicles, which use rare earths for magnets and batteries.
SoftBank-Backed U.K. Lender OakNorth Hit With $140 Million Defaults
The news comes as SoftBank has been reaping gains from its earlier investments such as DoorDash.
Amazon Sues NY AG Over Covid Demands
Amazon is suing the New York state attorney general over her office’s probe into its Covid-19 response.
Qualcomm, Microsoft, Google line up against Nvidia’s $40 billion Arm takeover
Tech rivals are concerned by the threat posed to Arm's neutral status in the chip industry.
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