Affirm, Poshmark, Playtika IPOs Expected to Trade This Week
The three initial public offerings mark the start of a busy year for tech listings.
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The Information AM
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Internet Association Hires New CEO
The Internet Association finally hired a new CEO after the post sat vacant for almost a year.
Parler Sues AWS for Alleged Antitrust Violations
After AWS removed its social network from its cloud service early Monday, Parler is now trying to stop the provider from deleting its account entirely.
Stripe No Longer Processing Trump Campaign Payments
Stripe joins Twitter and other tech companies in halting business with entities affiliated with President Donald Trump.
Intercontinental Exchange’s Crypto Business to Go Public Via SPAC Merger
The deal will value ICE’s crypto venture, called Bakkt, at $2.1 billion.
Parler Goes Offline Following AWS Suspension
Parler, a social network popular with the far-right, went offline Monday morning following Amazon Web Service’s decision to boot the platform from its cloud service.
WarnerMedia Comes Up With Compensation Plan for Filmmakers
The new plan offers guaranteed payouts and bonuses for movies released on HBO Max at the same time as theaters.
Blocking of Pro-Democracy Website in Hong Kong Raises Specter of Censorship
Hong Kong's new national security law has sparked fears that China's censorship could extend to the semi-autonomous region.
Chinese Fitness App Keep Valued at $2 Billion in New Funding Round
The fundraising, led by SoftBank, shows how the pandemic has boosted demand for businesses that help people work out at home.
AWS Will Boot Parler From Its Cloud Service
Amazon Web Service plans to kick Parler, the social network popular with far-right conservatives, off its cloud service late Sunday night.
Apple Removes Social Media App Parler From App Store
The intervention is an unusual move by Apple and signals that the iPhone-maker is ready to crack down on other social media apps for similar offenses.
Cisco Sues After Networking Firm Acacia Cancels Acquisition
After making a big deal to improve its 5G networking business, Cisco is now turning to the courts after the acquisition target backed out.
Twitter Permanently Bans Trump
The social network said Trump's tweets about Biden's inauguration were encouraging supporters to plan further violence at the U.S. Capitol.
Bustle Hires Bank, Exploring SPAC Deal to Go Public
The media group is eyeing a valuation of at least $600 million.
Roku Acquires Quibi Library
The streaming device maker will see put Quibi's shows and movies on its ad-supported Roku Channel.
Hyundai Motor in Early Talks With Apple to Develop Electric Car
The news is another concrete piece of information indicating that Apple’s development of a car is progressing.
TikTok’s Owner, ByteDance, Fined in China for Vulgar Content
The investigation against short video app Douyin signaled that big content platforms will continue to be under stricter scrutiny from regulators.
Beijing Tells Media to Censor Coverage of Alibaba Antitrust Probe
The move indicates how Chinese regulators' crackdown on Alibaba has become a sensitive topic for the Communist Party.
Hawley Loses Book Deal Over Trump’s Election Challenge
Simon & Schuster cancelled the publication of a senator's book over his efforts to undermine the presidential election.
Trump Returns to Twitter After Lockout to Concede Election
The lockout policy, which Twitter has applied rarely but in other high-profile cases, required Trump to delete several offending tweets before he could post again.
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