More State-Backed Chinese Media Condemn TikTok’s Deal With Oracle
While the newspaper editorials don't necessarily mean Beijing has decided to kill the deal, they reflect the views of at least some within the government.
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Palantir Projects Third Quarter Revenue to Grow 46%-47%
Palantir’s projections show the pace of revenue growth at the data analytics firm, which is going public at the end of this month, is accelerating.
DOJ Antitrust Case Against Google Reportedly Set to Focus on Search
A case centered on how Google uses its market share in search to harm rival companies and consumers was “furthest along in legal theory,” the NYT reports.
Asana Projects Third Quarter Revenue to Grow 40%-43%
Asana’s projections show the pace of revenue growth at the project management software firm, which is going public at the end of this month, is slowing.
Microsoft Gets Exclusive License to OpenAI Language Program
Just over a year after announcing a partnership with OpenAI, Microsoft is now touting its exclusive access to one of the startup's top inventions.
China’s Communist Party-Run Paper Criticizes TikTok Deal
A newspaper run by China's Communist Party criticized ByteDance's agreement with Oracle and Walmart, saying it hurts China's national interests.
DOJ Could Bring Antitrust Case Against Google Next Week, Report Says
The DOJ is expected to brief state attorneys general this week on its plan to bring an antitrust lawsuit against Google signaling the case’s imminence.
Tim Cook Hopes Apple Can ‘Unpeel’ From Antitrust Investigations
The CEO made the comment in a wide-ranging interview on Monday with The Atlantic’s editor-in-chief Jeffrey Goldberg.
Palantir’s Filings Cast Spotlight on Unusual Supervoting Stock
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Activist Nelson Peltz Takes Stake in Comcast
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Trump Warns Oracle Needs to Have ‘Total Control’ of TikTok
Statements from Trump suggest the deal could still fall through.
Facebook Says New EU Data Regulation Threatens Ability to Operate
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Six Charged With Bribing Amazon Employees in Plot to Boost Merchants
Authorities charged the six had conspired to bribe Amazon employees in order to boost the standing of third-party merchants on the e-commerce marketplace.
Founder of Electric Vehicle Startup Nikola Steps Down
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ByteDance Insists It Will Own Majority of TikTok Global
ByteDance's statement in Chinese describes the TikTok deal very differently from how Oracle and Walmart describe it.
Chinese Investment in TikTok Global to be 36%, Down from 45% in ByteDance
One question still outstanding is the valuation at which Oracle and Walmart will invest.
Federal Judge Halts Ban on WeChat U.S. Downloads
U.S. downloads of the messaging app owned by China’s Tencent had been scheduled to be blocked at midnight.
TikTok Deal With Oracle and Walmart Wins Trump’s Approval, Delaying Ban
Trump approved a deal in which Oracle and Walmart would together buy 20% in a new entity called TikTok Global, with TikTok owner ByteDance and its investors owning the remaining 80%.
Weekday mornings
The Information AM by The Information Staff
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