Tencent Takes Aim at ByteDance With New Short Video Feature
Tencent has struggled before to compete with ByteDance's most popular apps so there's a lot riding on the success of its latest efforts.
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Uber Officially Sells Uber Eats India to Zomato
Uber finally got its wish of selling its costly food delivery operations in India.
European Privacy Breach Fines Hit 114 Million Euros
The fines, imposed since Europe launched its GDPR privacy law, are tiny compared to what the bloc has imposed on tech companies for anticompetitive behavior.
Alphabet’s Pichai Says AI Should Be Regulated
The Google CEO says Europe's GDPR privacy law is a good starting point for negotiations on regulating AI.
Google Targets Indian Businesses With Airtel Deal
The deal suggests India is emerging as a key market in which Google wants to compete with Amazon and Microsoft in the potentially lucrative cloud business.
Apple Lawsuit Against Former Chip Design Architect Moves Ahead
The lawsuit will be a test of how far Apple can go to prevent former employees from working on projects tangentially related to its business.
ByteDance Games Team Has More Than 1,000 People
ByteDance’s gaming efforts strike at the heart of chief rival Tencent, which is the market leader in both social media and gaming in China.
Amazon Developing Payment System That Uses Hands as ID
The effort, which would allow customers to pay with a wave of the hand, is just the latest attempt by Amazon to break into financial services.
Spotify Reportedly in Talks to Buy Bill Simmons’ The Ringer
The talks show that Spotify has an appetite to expand further into podcasting, an area where it acquired several firms for $400 million in the past two years.
Draft Bill Proposes Commission to Determine Section 230 Immunity
The draft bill is the latest salvo against online companies and sites that rely on an immunity provision to keep them from content-related lawsuits.
Microsoft Ups Pressure on Slack With New TV Ad
New global ad campaign, which features TV ads and podcasts, set to kick off this weekend during the NFL playoff games.
Small Companies Ask Congress to Regulate Big Tech
Sonos, PopSockets, Tile and Basecamp pleaded with members of Congress to regulate Google, Facebook, Apple and Amazon at a hearing in Colorado today.
Lyft Loses Funding Source for Self-Driving Car R&D
The move is noteworthy because it means Magna’s financial contribution to its Lyft partnership is ending, which could force Lyft to cut costs.
Microsoft Hired Danish Diplomat, Establishes U.N. Office
These hires, which aren't conventional corporate lobbying positions, are part of what looks like an effort to create something like a diplomatic corp.
Airbnb to Award Employee Bonuses Tied to Guest Safety, Other Metrics
As Airbnb nears a direct listing, the company says it will annually update "stakeholders" on a series of metrics such as host earnings and guest safety.
Biden Calls for End to Online Platform Legal Immunity, Hits Out at Zuckerberg
Biden calls for the revocation of Section 230 of the Communications Decency Act, which protects online platforms from lawsuits over user-posted content.
WeWork in Talks to Sell Majority Stake in China Business
Selling its money-losing China business could help WeWork as it struggles to recover from a failed stock market listing.
Rivals Sue Facebook Demanding Zuckerberg Give Up Control
Facebook is facing more scrutiny for what critics allege is anticompetitive behavior, and faces antitrust investigations along with Amazon by U.S. regulators.
Alphabet Market Cap Hits $1 Trillion
The company is the just the sixth to ever hit the $1 trillion mark, thanks to stock gains driven by ad sales, acquisitions and expansion into new businesses.
McAfee Switches CEOs in Possible IPO Preview
Chris Young, who has led McAfee as CEO since its 2017 spinout from Intel, is stepping down from the role.
Weekday mornings
The Information AM by The Information Staff
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