Snap’s Momentum Slows as It Settles IPO Lawsuit
Snap has a long way to go to get its costs under control, but its ephemeral messaging app is still growing.
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Recent Editions
Disney Reports 28 Million Subscribers for Disney Plus
After just three months, Disney Plus has half as many subscribers as Netflix has signed up in the U.S. after a decade of operation.
Cisco Systems Shutting Down Personal Assistant App
The decision to shutter the Accompany application comes less than two years after Cisco acquired the company that developed it.
Instagram Made $20 Billion in 2019
The number gives the fullest picture yet of how important Instagram has become to the future of its parent company, Facebook.
New York Stock Exchange Parent Bids for eBay
The exchange's parent is primarily interested in eBay's marketplace business and would likely sell its classified unit if its bid succeeded.
YouTube Ad Figures Left Some Analysts Unimpressed
YouTube’s ad numbers reveal that it trails social media rivals such as Facebook and Twitter in average revenue per user.
Top U.S. Exec at SoftBank’s Vision Fund Is Leaving
The departure comes as SoftBank endures increased criticism of its investments, particularly its support of the struggling coworking business WeWork.
Top Antitrust Official Recuses Himself From Google Case
The move signals the investigation is moving forward and that the Justice Department may see the recusal as necessary before any next steps.
China’s Starbucks Rival Denies Fraud Allegations
Luckin Coffee's Nasdaq-listed stock plunged last week after an anonymous report published by a short seller alleged it fabricated some numbers.
Task Management Software Company Asana Preps Direct Listing
Asana would be following Slack and Spotify if it opts for a direct listing, which lets companies limit banker fees and protects existing stakeholders from dilution.
Zuckerberg Gets Another Ally on Facebook’s Board
One of CEO Zuckerberg’s longtime friends, the CEO of Dropbox, is joining Facebook’s board at a time when the company is under pressure to add more diversity.
Microsoft Glitch Takes Down Teams For Three Hours
The issue stemmed from an expired authentication certificate, which is a problem that companies of all sizes sometimes encounter.
Alphabet Details YouTube, Cloud Revenue Numbers for First Time
The figures provide a detailed look at Alphabet's YouTube and cloud computing business that investors have long clamored for.
What Tesla’s $140 Billion Market Cap Means
Tesla's elevated stock price means investors expect to grow revenue and profit substantially for decades.
Amazon’s HQ2 Misfire Driven by Bezos’s Push for Outsized Incentives
The embarrassing saga led to more backlash than the company—and its CEO—expected.
FTC Sues to Block Edgewell Acquisition of Harry’s Razors
The move shows the agency is moving to prevent anti-competitive sales of smaller startups to market giants.
TikTok Hires Away Top Lobbyist From Tech Trade Group
Under fire as a possible national security threat, TikTok's move suggests it is preparing for a tough fight.
Coronavirus Triggers Questions About Work-From-Home Arrangements
As the outbreak threatens the economy, companies struggle to continue their operations while protecting employees.
WeWork Names Real Estate Veteran CEO
Sandeep Mathrani will succeed co-CEOs Sebastian Gunnignham and Artie Minson, who were internal picks when Adam Neumann was ousted.
Apple Closes All Stores and Offices in China
The closure shows how the fast-spreading coronavirus is affecting major companies, particularly in the tech industry.
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.
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