China Antitrust Regulator Mulls Probe of Alibaba’s Alipay and Tencent’s WeChat Pay
An antitrust investigation could be problematic for Ant as the company is currently pursuing a dual share listing in Hong Kong and Shanghai.
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Recent Editions
Apple’s iPhone Shipments in China Jump Despite U.S.-China Political Tensions
Chinese consumers' appetite for new iPhones remains strong despite all the talk of a nationalist backlash potentially hurting U.S. businesses.
Debate Simmers Over OpenAI’s Latest Breakthrough
New program uses AI to predict what words come next in a text string, which has applications for things like search engines and software coding.
Apple’s Rising Profits ‘Stand in Stark Relief’ to Global Economic Pain
More people are ordering Apple devices online amid the pandemic.
Facebook Withstands Revenue Hit From Boycott as User Growth Surges
The social network grew its revenue by 11% year-over-year in the second quarter to $18.7 billion, well above the more anemic 4% growth that was expected.
Senators Call for Probe of TikTok and Zoom Over Chinese Ties
A bipartisan duo of senators are calling for the Justice Department to probe Zoom and TikTok over alleged ties to China.
Amazon Profit Doubles on Surge in Pandemic Shopping
Founder Jeff Bezos called it "another highly unusual quarter."
Floodgate’s Inaugural ‘Anchor List’ Recognizes Tech’s Greatest Operators
These are the best operators in tech, according to one VC firm
Google Reports Worst Quarter as a Public Company
CFO Porat said the company had seen “modest improvements” in July, but said it wasn’t out of the woods quite yet.
Google’s $2.1 Billion Bid for Fitbit to Face EU Antitrust Investigation
The deal would make Google a smart-watch and fitness-tracking competitor to Apple and Samsung.
Facebook Ad Boycott Heading to Europe, Says Organizer
An organizer of the Facebook ads boycott said the campaign will apply “additional pressures” on non-advertiser partners of Facebook in the coming weeks.
Pandemic Is ‘Permanent Catalyst’ for Online Food Orders, Grubhub Says
Anticipation is building for the IPO of rival DoorDash.
NBCUniversal Plans Reorganization
The company plans to announce a reorganization soon as it shifts its focus to its streaming service.
Payments Battle in China Escalates as Meituan Downgrades Alibaba’s Alipay
The move comes as Alibaba's Ant Group, which runs the digital payments platform Alipay, prepares for an IPO.
Huawei Overtakes Samsung in Smartphone Shipments Thanks to China Growth
The Chinese market's resilience is working in favor of Huawei, while the pandemic has affected Samsung's key markets such as the U.S. and Europe.
U.S. Treasury to Submit Recommendation on TikTok to Trump This Week
A government committee led by the Treasury Department assessing if TikTok poses a threat to U.S. national security will present its findings to the president.
Zillow Says Most Employees Never Have to Come Back to Office
The 5,400-person, Seattle-based company is one of the largest to embrace remote work indefinitely.
Arizona Said to Lead Multi-State Probe Over Older iPhones’ Batteries
The state investigation seeks to determine whether Apple deceived consumers with software that slowed older iPhones to compensate for battery problems.
Online Lending Platform On Deck Sells to Enova for $90 Million
Shares of On Deck have plummeted as borrowers struggle to repay loans during Covid-19.
Prosecutors Seek 27-Month Prison Term for Ex-Google Engineer Levandowski
The former Uber executive will be sentenced next week.
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