Oracle Inks Cloud Deal With Videoconferencing Provider 8x8
Oracle has signed up another videoconferencing provider for its cloud service, and this time is touting it as a competitive win against Amazon.
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Some Twitter Employees Allowed to Work From Home Permanently
“Opening offices will be our decision, when and if our employees come back, will be theirs,” Twitter said.
Uber Makes Takeover Bid for Grubhub
If a deal is reached, it would bring together two of the biggest U.S. online food-ordering services.
Disney to Stream ‘Hamilton’ This July
The filmed musical was originally supposed to be shown in theaters in late 2021.
Facebook Behind Launch of New Industry Advocacy Group
A lobbying group backed by Facebook will highlight the benefits Silicon Valley brings to the U.S. economy.
Binance CEO Is Bullish on Bitcoin
Bitcoin's price has recovered to about half of its late 2017 peak, ahead of an event called a halving when rewards for the currency's miners are reduced.
Twitter Adds Stanford AI Expert to Board
The new board appointment is the result of a recent truce between Twitter and activist investor Elliott Management.
Tesla Reopens Main Factory, Defying Local Orders
The latest twist in Musk v. Alameda has been the talk of Twitter.
Dave McClure Wants to Buy Back Stake in 500 Startups
Investor Dave McClure is raising money to buy a stake in a fund from 500 Startups, the firm he co-founded and left after he was accused of sexual harassment.
Internet Car Dealer Vroom Files Confidentially for IPO
Online car seller Vroom has filed confidentially for an initial public offering in a tentative sign of reopening for the IPO market.
Quibi’s Jeffrey Katzenberg Concedes Slow Start
Quibi's founder says the launch of the short video service has been fallen short of expectations.
High-Profile Surgeon to Depart as CEO of Amazon-Backed Health Venture
Atul Gawande is discussing becoming chairman of Haven, a role that would leave him less involved in the initiative’s day-to-day operations.
AMC Entertainment Shares Jump on Report That Amazon Could Buy It
Amazon reportedly held acquisition talks with AMC Entertainment, but a deal is likely to be a long shot.
Endeavor Secures $260 Million Loan
The loan comes as the entertainment giant has seen revenue drop 70% amid the coronavirus pandemic.
SoftBank’s Japanese Telco Business Predicts Profits Will Be Flat
SoftBank's Vision Fund has performed miserably even before Covid-19, but SoftBank's cash-cow Japanese telecoms business continues to provide a cushion.
Trump Administration Talks to Chip Makers About Building U.S. Plants
Pressure is mounting on U.S. firms to bring production back to the U.S. amidst the worst unemployment in decades and rising U.S.-China tension.
Eric Schmidt Reportedly Cuts Final Ties to Google
The former CEO’s presence at Google had already been waning in recent years before reportedly stepping down as its technical adviser in February.
Tesla Sues Alameda County, Musk Threatens to Relocate HQ
Musk has said local “shelter in place” orders violated the U.S. Constitution.
Cornershop, Soon to Be Part of Uber, Launches Grocery Deliveries in U.S.
Cornershop will deliver goods from grocery outlets but it doesn't appear to have reached any deals with the outlets, raising questions.
Amazon-Microsoft Friction Over Pentagon Cloud Deal Heating Up
The friction between the two tech giants illustrates the high stakes of the Pentagon deal.
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.
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