ViacomCBS to Sell Simon & Schuster
Sale of the publishing unit will help ViacomCBS reduce its heavy debt load
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The Information AM
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Recent Editions
Congress Takes Aim at Fake Products Online
Lawmakers have opened another front in their challenge to Big Tech: counterfeit goods sold online.
Hotel Startup Oyo Cuts Staff by 5,000
The cuts are an admission that its expand-at-all-cost strategy isn't working and reflects the broader travel industry slowdown from the coronavirus epidemic.
Quibi Raises Another $350 Million
The fundraising increases the second round size to $750 million and positions Quibi strongly ahead of the launch of its service this spring.
Mobile Game Users Surge in China Amid Virus Outbreak
Gains by time-killing apps in China have implications for Netflix and other entertainment apps in the rest of the world.
India Court Rules in Favor of Cryptocurrency Exchanges
The ruling will help cryptocurrency exchanges and startups operate in the country after the central bank effectively outlawed them in 2018.
Amazon Employee in Seattle Tests Positive for Coronavirus
The company said the employee is in quarantine.
HPE Server Sales Decline 16% Due to Coronavirus, Economic Uncertainty
HPE says it expects the impact of coronavirus-related supply chain disruptions in China to continue impacting its business for the foreseeable future.
Amazon Will Stream Some Yankees Games This Season
Amazon appears to be getting a dividend from its purchase of a stake in the Yes network, the cable channel that broadcasts Yankees games.
As Virus Spreads, Google, Facebook, Twitter and Disney Cancel Events
Companies are cancelling events that would have drawn large crowds even though health officials haven't advised to stop hosting them.
Google Has Cancelled Annual Developers Conference Due to Coronavirus
The conference, which was supposed to take place May 12-14, is Google’s premier event of the year.
Disney Plus Cancels UK Launch Event Amid Coronavirus Concerns
Disney is already expecting a major hit to its theme parks business because of the pandemic.
Online Broker Robinhood Says Service Restored but Support Email Still Down
The no-fee stock trading app's problems during some of the most volatile trading in years could damage its reputation among the young users it courts.
Facebook, Twitter Drop Out of SXSW Amid Coronavirus Concerns
Tech companies are canceling their appearances at buzzy festivals as the coronavirus spreads.
Fed Cuts Interest Rates to Calm Coronavirus Fears
The Central Bank Lowered Rates by the Most Since 2008
iPhone Maker Says Production Will Return to Normal by End of March
Foxconn, the company that assembles most of Apple's iPhones, said it's operating at 50% normal capacity and cautioned the outlook for demand was cloudy.
Apple, Others Use Xinjiang Forced Labor in Supply Chain
The revelation that Apple's supply chain contains workers from Xinjiang, which are likely forced into labor, might draw more criticism from activists.
Chinese Worker Jumps to Death at Foxconn iPhone Assembly Site
The suicide comes as factory workers face pressure to meet orders at Foxconn’s sites in China, which have labor shortages due to the coronavirus.
Google Cancels Annual Cloud Conference Over Coronavirus Concerns
Instead of a live event in San Francisco, the company said keynote speeches and breakout session would be available to stream online.
Twitter and Square Tell Employees to Work From Home as Coronavirus Spreads
Twitter is the first known company of its size to recommend that all employees work from home regardless of the country they are in.
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