India’s Reliance in Talks to Buy Local Online Retailers
After raising billions of dollars selling stakes in wireless carrier Jio Platforms, Indian billionaire Mukesh Ambani plans to build an online retail empire to fight Amazon.
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Oracle in Early Talks With ByteDance to Buy TikTok
Oracle's discussions could provide ByteDance with an alternative to Microsoft, which has publicly said it wants to buy TikTok.
Quibi CEO Meg Whitman Endorses Biden at Democratic Convention
Quibi CEO Whitman, a longtime Republican, said Trump ‘has no clue’ how to run a business.
Justice Department Lawyers Debate Timing of Google Antitrust Lawsuit
The Justice Department is grappling with internal friction over timing of an antitrust lawsuit against Google.
SoftBank Group Builds Amazon, Nvidia Stakes
SoftBank Group has been buying liquid stocks to diversify beyond its startup-focused Vision Fund, which reported large losses earlier this year.
Apple Escalates Battle With Epic Games
Apple has warned Epic Games that it plans to kick the company out of its developer program, which could hurt an Epic product used by game makers.
AmEx Deal for Small Business Lender Kabbage Excludes Its Loan Portfolio
The SoftBank-backed startup had paused loans in March as the pandemic hit small businesses.
Robinhood Raises $200 Million, Lifting Valuation to $11.2 Billion
The round marks Robinhood’s third cash infusion in four months.
Amazon Eyeing Stake in Cloud Firm Rackspace
Such a deal would enable the dominant cloud computing provider to benefit as more companies adopt cloud services.
TikTok Strikes Music Deal
The deal will help TikTok retain music artists as it faces more competition.
Disney and Verizon Extend Disney+ Marketing Partnership
The extension highlights how important the Verizon service has been in getting people to sign up for Disney+_.
Amazon Faces New Antitrust Probe in Germany
Amazon’s treatment of third-party sellers on its network is the subject of the latest investigation into the e-commerce giant’s behavior.
Tesla Registrations Fall in China Amidst Rising Local Competition
In July the number of registered Teslas built in China fell 24% from June to 11,456, still outpacing most domestic rivals.
Trump Suggests He May Target More Chinese Companies
Trump's comment raises questions about whether the administration could target more Chinese businesses after its recent action against TikTok and WeChat.
Trump Orders ByteDance to Sell TikTok’s U.S. Business Within 90 Days
The new executive order makes it clear that the only likely outcome for TikTok in the U.S. is a sale to an American buyer.
Former Glossier Employees Demand Company-Wide Change in Open Letter
Former retail employees complain of unfair treatment after company-wide layoffs at Glossier.
Facebook Says Apple’s App Store Tax Hurts Small Businesses
Facebook is clearly taking advantage of Thursday’s attract on Apple by Epic Games.
W Magazine Acquired by New Investor Group
The site will be operated by Bustle Digital Group, which is lending its platform and sales operation to the magazine.
Facebook-Backed Group Launches Ad Campaign Touting Tech Industry
The American Edge Project debuts its first online ads highlighting tech contributions to the U.S. economy.
TikTok Employees Plan to Sue Trump Over Executive Order
An Internet lawyer engaged by the employees says the ban puts their Constitutional rights in jeopardy.
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