BEA Systems Founder Is Raising $125M for New Enterprise Startup Fund
‘I know we all hate a crisis, but I've been waiting for one for 10 years,’ says founder Alfred Chuang.
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Recent Editions
Disney World Sets Reopening Date for July
The park's reopening would provide a much needed boost to the company's shuttered theme park business, but it's unclear how many people will return.
Trump to Issue Executive Order Related to Social Media
The order would limit the protections that social media companies have against liability for content on their platforms, although the order likely wouldn't stand up to a legal challenge.
Whistleblowers Accuse Facebook of Failing to Report Illegal Drug Sales
Facebook critics take their complaint to the SEC in an effort to get around laws that exempt online platforms from user-posted content.
Reliance’s Jio Planning Overseas IPO Within Two Years
An IPO would offer a lucrative exit for Facebook and the U.S. private-equity firms that have together invested $10 billion in Jio since the start of the year.
ByteDance Profit Reached $3 Billion Last Year
The cash-rich startup doesn't need an IPO to raise money, at least for now, with $6 billion of cash on its books.
Biden Supports California ‘Gig’ Worker Law Aimed at Uber
The Democratic nominee for president signals he will not be a friend to Uber, DoorDash, and others.
Amazon Reportedly in Talks to Buy Self-Driving Car Startup Zoox
Investment bankers at Qatalyst Partners have been shopping Zoox.
Facebook Execs Ignored Concerns About Exploiting User ‘Divisiveness’
Senior Facebook executives were reportedly warned that the social network’s algorithms “exploit the human brain’s attraction to divisiveness."
Slack CEO Says Zoom Is Microsoft’s Main Rival
Stewart Butterfield says Microsoft is obsessed with competing with his company when it should be focusing its competitive energies on other rivals, like Zoom.
More Google Employees to Return to Offices July 6
Google will also offer employees a $1,000 spending allowance for home office equipment and furniture.
Twitter Tags Trump Tweets With Fact-Checking Link for First Time
Twitter links Trump’s tweets to CNN and Washington Post stories undermining his claims that mail-in balloting will lead to widespread voter fraud.
Apple Set to Re-Open 100 More U.S. Locations This Week
By the end of this week, around 130 of Apple’s 271 U.S. stores will be open, though most will reopen with restrictions in-place.
Palantir CEO Says Company May Go Public in the Next Year
“The problem with being a public company is that it can be culturally corrosive on the inside,” said Palantir co-founder Alex Karp.
Quibi Advertisers Looking to Defer Payments
Low viewership has advertisers trying to defer payments
HBO Max Debuts Wednesday
It's the latest of the major streaming to debut, and comes with high expectations for its parent companies WarnerMedia and AT&T
Historic SpaceX Launch Set for Wednesday
The launch will the first in almost a decade to send people into orbit from the U.S, and the first time ever using a private spacecraft.
Bolt, an Uber Rival in Europe and Africa, Raises $110 Million
Even in a pandemic, there is still capital available for private ride-hailing companies.
Startup That Reduces Food Waste Valued at $1 Billion
Disruptions to the food supply chain from the coronavirus have increased the importance of extending shelf life for fruits and vegetables.
YouTube Says Deleting Comments Criticizing the Chinese Government Was an ‘Error’
Apparently, the flagged comments included the words “共匪” (“communist bandit”) and “五毛” (“50-cent party”), a derogatory slang term.
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