Sequoia, General Atlantic Eyeing Oracle’s Bid for TikTok
With support from two of the largest investors in TikTok parent ByteDance, Oracle would presumably have a much better chance of beating out Microsoft.
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Recent Editions
Asana Files to Go Public Through Direct Listing
Asana is making progress in converting free users to paid ones, but like many software companies, its salespeople are grounded due to Covid-19.
Google Cloud Invests $100 Million in Telehealth Company Amwell
Amwell also said that as a part of the investment, Google Cloud will become its “preferred global cloud partner partner.”
Snowflake Reveals Rapid Sales Growth in IPO Filing
Snowflake, which was valued at $12.4 billion after its last funding in February, says it has signed up 146 of the Fortune 500 as customers.
AV Tech Firm Luminar to Go Public Via SPAC Merger
Luminar would be the first autonomous vehicle startup to go public in recent years.
Cloud Software Firm Sumo Logic Files to Go Public
The company is joining a flurry of software IPOs planned for later this year.
Zoom Restores Videoconferencing Service After Outage
Zoom's videoconferencing and VoIP services have received heavy and sustained traffic during the pandemic, and have mostly held up well.
Apple Resolves In-App Payments Issue With WordPress
Apple apologizes for "confusion" caused by its interactions late last week with Automattic, maker of the popular WordPress content management application.
Startup Accelerator Y Combinator Hosts Virtual Demo Day
Due to Covid-19, the accelerator behind Stripe and Airbnb had to forgo its in-person demo day, an event that brings together fresh startups and top investors.
Game Tools Maker Unity Software Files for IPO
Unity Software filed paperwork for an IPO, as the maker of tools for game developers sought to take advantage of the open window for tech offerings.
TikTok Sues Trump Administration Over Potential Ban
TikTok finally made it official and filed a lawsuit against the Trump administration, asking a court to block a threatened ban of the social media company.
U.S. Officials Reassure Apple That It Can Work With WeChat in China
Such reassurance would be a relief for Apple and WeChat owner Tencent, after President Trump's executive order against the messaging app raised many questions.
Zuckerberg Discussed TikTok Concerns With Lawmakers in October
At the time, Facebook was facing criticism from lawmakers over how it handled political ads and disinformation.
TikTok Confirms Plans to Sue Trump Administration Over Executive Order
The Chinese-owned video app said it had been deprived of due process by President Trump's moves to ban the app and force a sale to a U.S. owner.
Apple Reportedly Targets WordPress Over App Store Policy
Automattic, which distributes a free application for creating and updating websites on the App Store, is the latest company to attract Apple's attention.
Apple Says Epic Demanded ‘Special Deal’ for Fortnite
Apple asked a federal court to deny a request by Epic Games for a restraining order that would force big changes to the App Store.
Alphabet Considered Buying Stake in TikTok
The idea of owning TikTok outright, while likely appealing to Alphabet, is next to impossible due to antitrust scrutiny of the search giant.
Palantir Lost $580 Million in 2019, Leaked Documents Show
The leak suggests Palantir's revenue is growing at a decent but unspectacular 25% a year.
Coding Bootcamp Lambda School Raises $74 Million
The round was led by Texas-based venture firm Gigafund.
Facebook Weighs Political Ad ‘Kill Switch’
Social networks—particularly Facebook—have become battlegrounds for political subterfuge.
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