Baidu to Buy Chinese Live Video Service YY for $3.6 Billion
The deal is Baidu's latest attempt to find a new source of revenue growth, after its previous bet on on-demand services and food delivery failed.
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China’s Didi Unveils Electric Car Designed for Ride Hailing
The move is part of Didi's ongoing effort to boost the supply of qualified vehicles to meet local government regulations.
Airbnb to Give Employees Ability to Sell Some Vested Shares
The move follows a similar carveout by gaming platform Unity, which went public in September and has seen a steady stock rise.
Tesla to Join S&P 500, Stock Jumps
The $387 billion electric automaker recently reported its fifth consecutive quarter of profit.
Airbnb’s Revenue Fell 18% in Q3, but Cash Pile Grew
The company’s revenue drop wasn't nearly as steep as online travel competitors Booking Holdings and Expedia Group.
Parler Receives Financial Backing From Mercer Family
Parler, a platform that markets itself as free speech oasis, has financial backing from influential Republican donor Rebekah Mercer.
Hulu Raises Pricing for Streaming Cable Bundle
It now puts it on par with other streaming cable bundles like YouTubeTV
Google Wants Information Provided by Rivals in Antitrust Case
Google worries that it will be at a disadvantage in court if its in-house lawyers can't see the information rivals provided to prosecutors in its antitrust case.
Goldman Executive to Run Michael Dell’s Investment Firm
Gregg Lemkau was an advisor to big media and tech firms.
Casper Reports Revenue Decrease in Third Quarter of 2020
Direct-to-consumer sales saw an 11.4% decrease from the same period last year.
Amazon Signs on To Distribute HBO Max
The agreement comes after a months-long standoff between WarnerMedia and Amazon.
Jeff Bezos Announces $791m in Donations For Climate Groups
The grants are part of a $10 billion earth fund Bezos is setting up.
Activists File European Complaint Against Apple Over Mobile Ad Targeting
The group is led by Austrian campaigner Max Schrems, who has previously taken Facebook to court in Europe over the company’s handling of user data.
SpaceX Launches First Regular Commercial Flight
The launch for NASA is a milestone for commercial spaceflight, which could soon be followed with trips for private customers.
Walmart Sells Majority Stake in Japanese Supermarket Unit
The sale of the Japanese unit is part of Walmart's effort to reshape its global strategy and focus more on fast-growing markets like India.
Microsoft: Hackers Targeting Firms Developing Covid-19 Vaccines
The warning comes two months after Microsoft raised the alarm about hackers in Russia, China and Iran aiming to disrupt the presidential election.
Uber in Talks to Sell Self-Driving Car Unit to Aurora
CEO Dara Khosrowshahi is making a logical choice to cut and run.
Comcast Folds Ventures Arm into Business Development Unit
Comcast is folding Comcast Ventures into its corporate business development division as it sees to focus more on strategic investments.
TikTok Gets 15-Day Extension on Pending National Security Review
The Trump administration gives TikTok an extension on its national security review which could mean the forced sale of the video sharing app is now on the back burner.
Elon Musk Tests Positive, and Negative, for Covid
Musk said he had symptoms of a "typical cold" and there was "something extremely bogus" about the contradictory results of his Covid tests.
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