Microsoft Shares Jump on Pandemic-Related Gaming, Cloud Sales
As the pandemic drags on, Microsoft customers are adopting more of its software and cloud services, CEO Satya Nadella said on an earnings call.
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Elon Musk Feuds With Amazon Over Satellites
SpaceX and Amazon are fighting in front of federal regulators and on Twitter over their competing satellite internet efforts.
Twitter Buys Newsletter Service Revue
Demand for newsletters and other businesses that enable writers, artists and other creators to connect directly with fans has surged during the pandemic
Amazon to Hire 3,000 New Corporate Employees in Boston
Amazon on Tuesday announced plans to hire more than 3,000 new employees in Boston over the next several years.
Stripe-Backed Payments Startup Raises $102 Million
The San Francisco-based startup develops technology to enable quick checkouts online.
Google Won’t Make Donations to Lawmakers Opposing Election Results
Google's stance puts pressure on other tech companies to withdraw their financial support from Republicans who opposed certifying President Biden's election.
China’s Didi Chuxing Raises $1.5 Billion for New Freight Business
Didi had aimed to raise only $400 million but was able to raise far more from investors.
SoftBank-Backed Travel Startup Klook Raises $200 Million
Hong Kong-based Klook's fundraising comes as the pandemic has dealt a severe blow to the industry.
Twitter’s Birdwatch Program Asks Users to Debunk Tweets
The program has the potential to drastically change the social network’s approach to combating misinformation and other harmful content.
Apple’s Riccio Moves to Secret Project
Apple dropped a tantalizing clue about a secret new project at the company by naming Dan Riccio, its longtime head of hardware engineering, to lead it.
Google Workers’ Union Goes Global
A new alliance aims to represent employees of the tech company in 10 countries.
Taboola and Latch Announce SPAC Mergers
The two venture-backed startups each fetched valuations over $1 billion.
Finnish Delivery Start-up Raises $530m To Fund Expansion
The fundraising will empower the Finnish firm to compete with bigger online delivery firms in Europe.
NBCU Signs Deal for WWE Network to Be Exclusive on Peacock
The deal comes at a key time as NBCU is in need of more exclusive content for its Peacock streaming service.
Huawei Mulls Selling Its Premium Smartphone Business
The company is in early discussions with a consortium backed by the Shanghai government as is struggled with U.S. sanctions.
SoftBank’s Vision Fund Loses Another Executive
The second managing partner to leave this month, Colin Fan will step back from the Vision Fund but still hold an advisory role.
China Overtakes U.S. as Top Destination for Foreign Investment
Investors flocked to China as the country beat back Covid while the U.S. continues to struggle.
ByteDance Rival Kuaishou Seeks $5.4 Billion IPO
It would be the biggest internet IPO since Uber raised more than $8 billion in 2019.
Clubhouse Confirms New Funding, Will Launch Paid Features
Andreessen Horowitz has led a new round of funding in the buzzy social app Clubhouse after investors were seeking to value the young startup at $1 billion.
Report: Databricks Raising New Round at $27 Billion Valuation
Like Snowflake, Databricks sells software that companies can use to gain valuable insights from the mountains of data they generate from operations.
Weekday mornings
The Information AM by The Information Staff
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