AmEx Deal for Small Business Lender Kabbage Excludes Its Loan Portfolio
The SoftBank-backed startup had paused loans in March as the pandemic hit small businesses.
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Robinhood Raises $200 Million, Lifting Valuation to $11.2 Billion
The round marks Robinhood’s third cash infusion in four months.
Amazon Eyeing Stake in Cloud Firm Rackspace
Such a deal would enable the dominant cloud computing provider to benefit as more companies adopt cloud services.
TikTok Strikes Music Deal
The deal will help TikTok retain music artists as it faces more competition.
Disney and Verizon Extend Disney+ Marketing Partnership
The extension highlights how important the Verizon service has been in getting people to sign up for Disney+_.
Amazon Faces New Antitrust Probe in Germany
Amazon’s treatment of third-party sellers on its network is the subject of the latest investigation into the e-commerce giant’s behavior.
Tesla Registrations Fall in China Amidst Rising Local Competition
In July the number of registered Teslas built in China fell 24% from June to 11,456, still outpacing most domestic rivals.
Trump Suggests He May Target More Chinese Companies
Trump's comment raises questions about whether the administration could target more Chinese businesses after its recent action against TikTok and WeChat.
Trump Orders ByteDance to Sell TikTok’s U.S. Business Within 90 Days
The new executive order makes it clear that the only likely outcome for TikTok in the U.S. is a sale to an American buyer.
Former Glossier Employees Demand Company-Wide Change in Open Letter
Former retail employees complain of unfair treatment after company-wide layoffs at Glossier.
Facebook Says Apple’s App Store Tax Hurts Small Businesses
Facebook is clearly taking advantage of Thursday’s attract on Apple by Epic Games.
W Magazine Acquired by New Investor Group
The site will be operated by Bustle Digital Group, which is lending its platform and sales operation to the magazine.
Facebook-Backed Group Launches Ad Campaign Touting Tech Industry
The American Edge Project debuts its first online ads highlighting tech contributions to the U.S. economy.
TikTok Employees Plan to Sue Trump Over Executive Order
An Internet lawyer engaged by the employees says the ban puts their Constitutional rights in jeopardy.
Initialized Capital Announces Fifth Fund
Shortly after the departure of co-founder Alexis Ohanian, Initialized raises $230 million.
TikTok’s Young Users Raise Safety Questions
More than a third of its 49 million daily users are 14 or younger, documents indicate. Children under 13 are protected by U.S. privacy regulations.
Pinterest Employees Confront Allegations of Discrimination With Walkout
Pinterest employees demanded systemic change within the company after three former employees complain of discrimination.
Two Senior Uber Self-Driving Car Execs Depart
The company is trying to launch a driverless prototype next year.
Canada Opens Antitrust Investigation Into Amazon
Canada joins the U.S. and Europe into investigating Amazon on antitrust grounds.
Google Distances Itself From Hong Kong After Controversial National Security Law
Western tech companies are increasingly distancing themselves from Hong Kong in the wake of a sweeping national security law that give Beijing more power.
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