Affirm Follows Roblox in Delaying IPO
The IPO delays follow the successful offerings this week of DoorDash and Airbnb, where their stocks soared well past their IPO price, fueling criticism that the IPOs had been underpriced.
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China’s JD.com to Invest $700 Million in Online Grocery Startup
China's online grocery battle is heating up, as tech giants and other investors pour billions of dollars into the fast-growing segment.
Twitter Buys Video Chat App Squad
Squad is a group video chat app that also lets people share live feeds of their phone screens and co-watch videos from apps like YouTube.
Oracle Relocates Corporate Headquarters to Texas
Oracle becomes the latest tech company to move its headquarters out of Silicon Valley, following Hewlett Packard Enterprise and Palantir.
California Asks to Join Google Antitrust Lawsuit
California is the first Democratic state to seek to join the Google lawsuit.
Benchmark Hires Grimshaw From Kushner’s Thrive Capital
Miles Grimshaw, 29, serves on the boards of Airtable, Benchling, Lattice and Segment.
SoftBank Sells Robot-Maker Boston Dynamics to Hyundai Motor
The sale of Boston Dynamics, creator the the famous robot dog Spot, is the latest step as SoftBank pulls back from operating businesses and focuses on investing.
Soccer Star Griezmann Severs Ties With Huawei Over Uighur Concerns
The soccer star's move, triggered by his concerns about China's repression of the Uighurs, is the latest blow to Huawei's reputation.
Disney Ramps Up Original Content Plans for Disney+, Raising Price
Disney will roll out at least one new series a week on Disney+, answering critics who said the streaming service didn't have enough new series.
Airbnb Stock More Than Doubles in Trading Debut
Shares of the travel rental firm surged 113% above their IPO price to $144.71 apiece, valuing the company at around $100 billion.
Hyundai Buys Boston Dynamics for $921 Million
Boston Dynamics, whose human-and canine-like robots have simultaneously thrilled and frightened people over the years, is getting a new home.
Google and Interactive Advertising Bureau Hit With Privacy Complaints in Europe
Privacy groups have been filing complaints to local data protection authorities claiming the way real-time bidding takes place in ad exchange auctions breaches the laws.
SpaceX Starship Prototype Explodes After Landing
Elon Musk described the test as mostly successful despite the crash landing.
Some Neighborhoods Are Winning the War Against Airbnb’s Rentals
Angry neighbors and local officials might remain a thorn in Airbnb’s side for years to come and could hurt its long-term growth prospects.
AT&T Agrees to Sell Crunchyroll to Sony
Sony is paying 1.2 billion for the anime-centric media company
Airbnb Sets $47 Billion Valuation for IPO
The per-share price is more than double the company's common stock valuation from August.
DataRobot Inks Partnership With Snowflake, Expands Funding Round
DataRobot, an AI company that sells to customers in a broad range of industries, is getting cozy with Snowflake, which is riding high after its September IPO.
Apple and Google to Halt Location-Tracking by Firm
Apple and Google will stop X-Mode Social, data broker that has received scrutiny for working with national security clients, from collecting mobile location data.
Google CEO Apologizes to Employees Over AI Researcher’s Departure
Pichai said he was aware that the incident 'seeded doubts' in the company and that he 'accept[ed] the responsibility of working to restore [employee] trust.'
Nutanix Hires New CEO From VMware
Nutanix has been chasing VMware for years in the data center management software market, and now a new CEO will be leading the charge.
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