Didi Chuxing’s Top Executives Deny Merger Chatter
Didi and Meituan have been muscling into each other’s turf. Didi launched a food-delivery business while Meituan has edged into ride-sharing.
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The Information AM
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Recent Editions
Twitter Confirms Coordinated Pro-China Campaign, Removes Accounts
It remains to be seen whether Twitter can permanently get a handle on these sophisticated, state-sponsored campaigns before they spread.
DoorDash Valuation to Rise 25% in New Equity Funding From Mutual Funds
Move may further delay an IPO for the U.S. food delivery leader.
Chris Cox Returns to Facebook as Chief Product Officer
His return to Facebook is a surprise given that he left last year over disagreements about the direction of the company.
Microsoft Says it Won’t Sell Facial Recognition to Police
Following announcements from IBM and Amazon Web Services, Microsoft says it will wait for federal regulations before selling facial recognition to police.
Apple Announces $100 Million Initiative For Racial Equity and Justice
Cook said Apple’s efforts would focus on education, economic equality, and criminal justice reform in the U.S. and expand internationally.
Biden Calls for Facebook to Change Policies Ahead of Election
Presumptive Democratic nominee Joe Biden calls on Facebook to take a tougher line on fake news ahead of coming election.
Snap Unveils New Developer Tools, Brings Businesses to Maps Feature
The updates further the company’s ambition to become a platform for other apps to build upon.
Instacart Valuation Rises 73% to $13.5 Billion After New Funding
The startup used its newfound leverage to boost its cash reserves to $1 billion.
Facebook Plans Corporate VC Fund
It's a notable shift for Facebook since the company has historically preferred to buy companies outright rather than invest in them.
Audrey Gelman Resigns From The Wing
Gelman's role will be replaced by three company executives.
Comcast Settles Anti-Discrimination Suit With Byron Allen
In the wake of nationwide protests about racism, Comcast has reached a settlement, ending a five year battle.
EU to Charge Amazon With Antitrust Violations Over Third-Party Sellers
The EU appears to be on the verge of filing the first major antitrust case against Amazon. The U.S. is also considering its own antitrust lawsuit.
Google Play Takes Down TikTok’s Challenger Zynn
The short video app Zynn is owned by Kuaishou, the biggest Chinese rival to ByteDance, owner of TikTok
NetEase Rises 10% in Hong Kong Stock Market Debut
NetEase, which is already listed in Nasdaq, joins a growing list of Chinese firms offering a secondary share listing in Hong Kong. JD.com is expected to raise $3.9 billion.
Zoom Closed Account of U.S.-Based Chinese Activist Group
As Zoom gets larger, it will have to decide how important China is to its business and whether it’s willing to make compromises to operate there.
Kalanick’s SF CloudKitchens Damaged in Suspected Arson, Second Fire
Scary moments for the high profile kitchen rental startup run by former Uber CEO Travis Kalanick.
Developer of Tools for Data Scientists Raises $43 Million
The proliferation of machine learning in the business world requires picks and shovels, which is where Domino Data Lab comes in.
AWS Halts Sales of Facial Recognition to Police
AWS becomes the latest cloud provider to halt sales of facial recognition to police, but apparently plans to resume sales next year.
AWS Ups Ante in Lawsuit Against Former VP
AWS wants to stop a former marketing executive from working on materials for an upcoming Google Cloud customer event.
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