CIA Secretly Owned Cryptography Company Used by Foreign Countries
The case of how the CIA gained access to the classified communication of foreign governments echos U.S. concerns over Chinese telecom giant Huawei.
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Coronavirus Boosts Orders for Online Grocery Apps in China
While some online services are in strong demand, the outbreak poses a major threat to China's economy.
T-Mobile-Sprint Deal Gets Final Approval From Judge
Approval of the merger will be a relief for SoftBank, which controls Sprint, and also clears the way for Dish Network to build its own new cellular network.
Google’s Head of HR to Step Down
Amid rising employee tensions, Eileen Naughton, Google’s senior Vice President of People Operations will find another role within the company.
Slack Shares Jump, Then Fall on IBM Deal Clarification
Slack needs deals with companies like IBM to prove to Wall Street it can compete with Microsoft but in this case, Slack may have overplayed the significance of the deal.
Schick Parent Abandons Harry’s Purchase
The deal fell apart in the face of opposition from the Federal Trade Commission, likely chilling future acquisitions of consumer startups by bigger companies.
Theranos Founder Elizabeth Holmes Seeks Dismissal of Charges
The fall of the once high-flying blood-testing startups continues to grip Silicon Valley as a cautionary tale of ambition.
Xiaomi, Meituan and Didi Among Companies Seeking Billions in Loans to Combat Virus
China has used its state-controlled banks to jump start the economy before but has typically funneled cash to state-owned companies, not private enterprises.
Amazon Hires Sony Exec to Lead Video Units
Amazon's original video unit has had its share of struggles.
Startup Snowflake’s Valuation More Than Triples After New Funding
New $479 million funding round was led by new investors Salesforce Ventures and Dragoneer Investment Group.
Softbank-Backed Brandless Shuts Down
Brandless lays of 90% of its employees and shuts down operations
AWS Wants to Depose Trump After Losing $10 Billion Cloud Contract
AWS claims that the Pentagon's decision to award a cloud computing contract to Microsoft was an act of political retaliation against Amazon CEO Bezos.
U.S. Charges Four Chinese Military Officers With Equifax Hack
The charges are the latest move the U.S. government has taken to counter what it says is widespread state-sponsored corporate espionage by China.
Sony and Amazon Say They Won’t Attend Mobile World Congress
The global impact of the novel coronavirus continues to spread even as China starts heading back to work.
Ransomware Attacks on the Rise
Ransomware attacks that can devastate businesses and cities are increasing in frequency and getting pricier.
Airbnb Halts Beijing Listings Through February Amid Virus
The move adds to the growing list of U.S. companies affected by the coronavirus outbreak.
Netflix Misses at Oscars
Netflix-made projects scored 24 nominations but it only won two on Sunday night. The big winner was South Korean drama "Parasite"
Tesla’s Short Sellers Lose $8.4 Billion Since January
Big losses by Tesla bears has forced many to exit their short-selling positions but some skeptics remain.
Snap CEO Spiegel’s Security Costs Doubled in 2019
Snap's spending on Spiegel's security was a little less than what Amazon spends to protect Jeff Bezos but much less than Facebook's security spending for CEO Mark Zuckerberg.
Facebook to Battle IRS in $9 Billion Lawsuit
The tax case will have ramifications for how the IRS can “crack down on companies’ efforts to shift profits to low-tax countries."
Weekday mornings
The Information AM by The Information Staff
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