China’s Luckin Coffee Inflated Sales With Firms Linked to Chairman
The report raises concerns about other U.S.-listed Chinese companies and whether U.S. regulators can prevent a fraud like this from happening again.
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The Information AM
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Recent Editions
Magic Leap’s CEO Steps Down
The news is a stunning outcome for what used to be one of the most hyped startups in tech.
Salesforce, Dell See Mixed Impact From Covid-19
Software-as-a-service and hardware sales are both getting a boost from the Covid-19 pandemic, but some companies are delaying payments.
House Approves Bill Altering Paycheck Protection Program
The Paycheck Protection Program Flexibility Act would give businesses 24 weeks to spend the money, instead of the originally allotted eight weeks.
HBO Max Sees 90,000 Mobile Downloads on Day One
HBO Max trails the 4 million downloads DIsney+ saw on its first day.
Twitter Keeps Fact-Checking Tweets as Trump Issues Executive Order
Trump's executive order accuses digital platforms of engaging in selective censorship.
Hulu Tests Out Group Watching Feature
The tool mirrors a popular Chrome plug-in that synched up people's Netflix viewing
Financial Services Company Marqeta Valued at $4.3 Billion
The $150 million round more than doubles its valuation and reflects an appetite for fintech amid the coronavirus crisis.
Co-Working Firm Tries to Go Where WeWork Couldn’t: IPO
New York-based Industrious is plotting a mid-2021 IPO and is bringing back recently furloughed employees.
Google Reportedly Considering Stake in Vodafone’s India Arm
The talks are in early stages, but if a deal goes through, it could help bolster Google’s presence in India’s burgeoning mobile market.
Microsoft in Talks to Invest $2 Billion in India’s Jio
Microsoft would join Facebook and Silver Lake as major investors in the Indian cellular carrier.
Trump Executive Order Could Limit Online Platforms’ Legal Protections
Trump plans to sign an executive order that would review online companies’ legal protections that allow platforms to host user-posted content.
Huawei Exec Loses Key Ruling in Extradition Fight
Even after losing the ruling, the extradition of Huawei executive Meng Wanzhou from Canada to the U.S. could drag on through the courts for years.
Zuckerberg Says Facebook Has Different Approach to Twitter Over Content
The comments are likely to intensify the debate of whether Facebook and other social-media firms are responsible for misinformation.
Arizona AG Sues Google Over Data Collection Practices
The lawsuit, which seeks unspecified damages, argues that Google misled users and collected location data through deceptive means.
Ex-Microsoft AI Chief Joins Startup as Chairman
Harry Shum, the former head of Microsoft Research who departed in February, has joined a mobile news startup with close ties to Yahoo.
Dorsey Defends Twitter’s Stance on Scarborough Tweets
Dorsey's comments showed his effort to thread the needle of placating both the right and the left.
Comcast to Distribute HBO Max, Amazon Holds Out
Historically Amazon was a major distribution platform for HBO's streaming service.
Amazon’s Bezos Says Scrutiny Will Help Company’s Reputation With Customers
Amazon CEO Jeff Bezos said he isn't worried about scrutiny of the company's size at its annual shareholder meeting Wednesday.
Appeals Court Rules in Favor of Tech Firms on Anti-Conservative Bias
The ruling highlights the challenges for President Trump in trying to regulate social media companies over alleged anti-conservative bias.
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