SoftBank-Backed Grab to Lay Off Nearly 5% of Employees
Grab's CEO says the company needs to be prepared for what may be a long recovery period for the global economy after the pandemic.
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Recent Editions
Facebook Enables WhatsApp Payments in Brazil
Facilitating commerce represents a big monetization opportunity for WhatsApp and its parent company, Facebook.
Researchers Find Trove of Unsecured Dating Site Images, Video
The finding is the latest of several cases in which researchers found that developers running applications on AWS left data open on the internet.
Amazon’s Bezos Open to Congressional Appearance
Amazon CEO Jeff Bezos is open to testify at a hearing for a House antitrust investigation in what could be his first Congressional appearance.
Six Former eBay Employees Charged Over Harassment
Former security officials with eBay were charged with a harassment campaign directed at a couple that run an ecommerce newsletter.
Walmart Partners With Shopify
The partnership will make Shopify and Walmart a more potential rival to Amazon.
Venture Firms Invited to Share Efforts to Combat Racism Under #JuneteenthVC Hashtag
Foundation Capital calls on other venture firms to celebrate Juneteenth with day of action in VC.
Former Employees Allege Mistreatment at Pinterest
Former Pinterest employees allege that they were treated unfairly while working at the company.
Quibi on Track to Have Less Than 2 Million Subs After First Year
The company is far off its target of having 7.4 million paid subscribers by next April.
SoftBank-Backed Credit Suisse Fund Finances Some Vision Fund Startups
The report on SoftBank's investment in the Credit Suisse fund comes as the Vision Fund's major portfolio companies are struggling to shore up their finances.
Facebook Fires Employee Over Tweet
In a tweet, the employee called out another Facebook staffer for refusing to add the text “Black Lives Matter” to a company document.
AT&T Eyes Sale of Gaming Division for $4 Billion
A sale could help the company pay down debt and focus more on its core business.
Twitter Plans Account Verification Tied to Government IDs
The new system could have broad implications for advertisers and the company’s efforts to fight spam and abuse.
California Reviewing Amazon’s Treatment of Third-Party Sellers
California appears to be the newest front in Amazon's battles with regulators over alleged misuse of data collected from third party sellers.
Netflix Talking to Reliance for India Content Deal
Deal with Indian media giant would increase content in the country
WarnerMedia Streamlines HBO Nomenclature
The three streaming services with HBO in their name will now shrink to just two, priced the same.
Airbnb Settles Lawsuit in NYC, Leading to Likely Purge of Illegal Listings
NYC has been famously hostile to Airbnb, largely due to its politically powerful hotel union.
Palantir Expected to File Confidentially for IPO in Coming Weeks
The big data firm could start trading later this year.
U.K. Antitrust Regulators Reviewing Facebook’s Acquisition of Giphy
Regulators in the U.K. have put a hold on Facebook’s proposed purchase of Giphy while they complete an antitrust investigation.
Veteran Intel Chip Executive Resigns
Jim Keller, who previously worked at Apple, Tesla, and AMD, has resigned but will stay for six months as a consultant.
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