When WeWork CEO Adam Neumann pitched private investors five years ago, he pointed to a near future where WeWork would spend less on upfront costs for the majority of its buildings. The plan included coaxing more money from landlords to pay for construction expenses, in exchange for giving the building owners a share of the profits. 

But the money-saving effort didn’t come to ...

Snap is in early talks with media companies about powering a dedicated news section inside the Snapchat app, according to six people familiar with the talks.

The planned news section represents a do-over of sorts for its efforts to present real-time, breaking news from a handful of trusted news partners. While news from those partners is currently mixed in with a jumble of other content, ...

Technology has driven us to a fascinating moment in the history of labor relations. 

At the very high end of the labor market, workers have never been more empowered, thanks to the internet. Open communication tools and forums inside of companies—and the increased liquidity of the job market—have given workers at companies like Google more power than ever. They are aggressively ...

One of Silicon Valley's best-known venture firms, Andreessen Horowitz, saw its performance slip significantly after the blockbuster results of its initial fund, internal data show, illustrating just how cutthroat venture capital has become as even big names struggle to deliver outsized returns. 

The funds the firm raised in 2010 and 2011 showed a net internal rate of return of 16% and ...

Media companies need to consolidate unless they have massive scale, says Jon Steinberg, founder of millennial-focused financial news network Cheddar, which sold to New York cable company Altice USA earlier this year. 

“Cheddar had to be sold,” he said at The Information’s annual Media Bootcamp event in New York City, in an interview on stage with The Information ...

Activist and journalist Shaun King said he made “major mistakes” on his way to launching subscription-based social justice news outlet the North Star last year, but forgoing venture capital money isn’t one of them.

King acknowledged Friday that the North Star’s launch had difficulties, including doing too much with too little, technology problems on day one and not ...

Publishers have grown wary of doing deals with tech companies like Apple and Facebook, says Wired Editor-in-Chief Nicholas Thompson, aware that the terms of the deals often favor the tech companies over the news outlets. 

“I think that the journalism industry is appropriately wary of these platforms, and they’ve noticed that the terms of the deals often change,” Thompson ...

Apple has undergone more changes to its leadership this year than in the past few years combined as it grapples with a slowdown of its most important product, the iPhone, the latest models of which were unveiled on Tuesday. Aside from high-profile departures, such as chief designer Jony Ive, Apple has elevated its heads of operations and corporate development to CEO Tim Cook’s executive ...

Goldman Sachs has hired a well-known executive from Amazon Web Services for a top tech role, the clearest signal yet that the bank wants to increase its use of public cloud services. 

Marco Argenti, who has spent the past six years at AWS as vice president of technology, is joining Goldman as co-chief information officer, succeeding Elisha Wiesel who stepped down this week. At the same ...

A California bill that appears on the verge of becoming law could upend the business model of Uber and Lyft, by trying to force them to hire drivers as full-time employees rather than as contractors. Uber’s costs could rise by around 20% if that policy were applied globally, according to a former Uber executive who has examined the potential effects of such a law. 

Uber on Wednesday ...

This summer, Amazon sought to answer a key question about its cashierless Go convenience stores: How small could it go?

Employees at Amazon were seeking to determine the smallest possible size and design for a Go store in order to hit its target of $2 million in annual sales from each store, according to an internal analysis prepared in June and viewed by The Information. To solve the puzzle, ...

Facebook has said repeatedly that it isn’t in the journalism business, but a team of human editors responsible for an upcoming news initiative by the company will exercise significant control over the presentation of top stories, including judging them over their use of anonymous sources, according to internal guidelines seen by The Information.   

While Facebook’s ...

Huawei may be struggling to deal with U.S. sanctions in many international markets, but in China its sales are surging, thanks to its smartphones’ high-end specs and rising patriotic sentiment. And that spells bad news for Apple’s hopes for its new iPhones in the Chinese market.

Until recently, the iPhone was the only luxury smartphone that could convince Chinese consumers to pay ...

India, home to 1.3 billion people, offers a temptingly huge target for global tech companies: one of the world’s fastest growing economies and more than half a billion internet users, second only to China. American titans like Google, Facebook, Amazon, Walmart and Uber, as well as China’s ByteDance and Alibaba, are all trying to grab a piece of this pie.

But so far, the massive ...