Alibaba Boosts Investment in China’s Xpeng Before IPO
Alibaba is counting on the Chinese electric car maker's IPO after a surge in Tesla's stock and Chinese rival Li Auto's $1.1 billion Nasdaq listing.
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Chinese State Media Accuses U.S. of Theft in TikTok Saga
The accusation of by a state-run newspaper mirrors U.S. allegations that China steals American tech.
Facebook Inks Major New York Office Lease
The deal is a sign that tech companies still expect a large swath of their employees to want to work in offices in big cities after the coronavirus abates.
Twitter Faces $250 Million FTC Fine for Data Misuse
Twitter said it expects to be fined by the FTC for taking user phone numbers and email addresses gathered for security purposes to also inform its ad targeting.
Google Invests $450 Million in Home Security Company, ADT
ADT’s technicians will also begin selling and installing Google’s Nest security devices and services.
California and New York Join Fed’s Amazon Antitrust Probe
New York, California and Federal Trade Commission are working together on antitrust investigation of Amazon.
Trump Says U.S. Treasury Deserves Cut of TikTok Deal
Trump sees an opportunity for the U.S. Treasury to profit from a TikTok sale.
Electric Truck Maker Lordstown Motors to Go Public via SPAC Merger
The deal will value the electric vehicle startup at $1.6 billion.
Google Announces Pixel 4a and Next Generation 5G Phones
The Pixel 4a, which is available for preorder now and will ship on August 20th, will cost $349.
FCC Launches Review of Digital Platforms’ Legal Immunity for User Posts
The Federal Communications Agency officially launched a review of a law that protects Internet companies from being sued over user-posted content.
TikTok’s Founder Says He Understands U.S. Order To Divest in Current Political Climate
Zhang Yiming said he disagreed with the U.S. government's order that he must sell control of TikTok, but that he understood given the current context.
Chinese A.I. Company Says It’s Suing Apple for $1.4 Billion Over Copyright Infringement of Siri
The lawsuit, if successful, could prevent Apple from products that use Siri in China's vast market.
After Trump Conversation, Microsoft Says It Will Resume TikTok Discussions
Microsoft said it is resuming discussions to acquire TikTok after the company's CEO Satya Nadella and President Trump discussed the plans.
Australia’s Intelligence Agencies Investigate TikTok Over Security Concerns
The heightened scrutiny of TikTok in Australia comes as the video app, owned by China's ByteDance, is facing President Trump's threat of a ban in the U.S.
Trump’s TikTok Action Likely Sunday or Monday, Navarro Says
Peter Navarro, who has pushed Trump to back stiffer China trade deals, also criticized the idea of a Microsoft buyout.
Trumps Says He Plans to Ban TikTok
President Trump's announcement throws into doubt talk of selling TikTok to Microsoft or a coalition of the Chinese-owned app's investors.
James Murdoch Resigns From News Corp Board
Rupert Murdoch's son cited disagreements over strategy and editorial decisions.
Google Cloud Fires Employee Amid Domestic Violence Allegations
The employee, Bret McGowen, worked with third-party developers that build applications that run on Google Cloud.
3 Charged, Including 2 Teens, for Twitter Hack of Celeb Accounts
The “mastermind” behind the hack, which took over popular Twitter accounts to facilitate a bitcoin scam, was a 17-year-old teen from Florida, authorities said.
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