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.
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The Information AM
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Recent Editions
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."
New Female VC Partners Rose 37% in 2019
The report from All Raise shows that while the number of women in venture capital is growing, men still dominate decision-making roles at most firms.
Casper Stock Slips 18% on Second Trading Day
The mattress seller's Friday sell-off shows that the skepticism which caused the IPO to be downsized persists, despite Thursday's rally.
SoftBank’s Tech Backers Refuse Second Fund
Saudi Arabia’s Public Investment Fund and Abu Dhabi’s state-owned fund Mubadala have been worried about the performance of the first Vision Fund.
Sling TV Offers Cut Price Promotion
The promotion shows that some streaming cable services remain committed to the market, even as others like Sony exit.
Google Voice Typing Glitch Frustrates Android Users
An apparent software update is adding commas and periods in the middle of sentences.
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