Special Offer: Try The Information today for only $10/month for your first 3 months.
About Us
Pricing Corporate Sales
Briefing
Policy Venture Capital Asia

TikTok Deal With Oracle and Walmart Wins Trump’s Approval, Delaying Ban

By Laura Mandaro and Alex Heath
· · Source: The Information

U.S. authorities delayed a looming ban on new downloads of TikTok shortly after President Trump said Saturday that he had given a corporate restructuring proposal for the Chinese-owned app his “blessing.” The deal will see Oracle become TikTok’s cloud hosting provider and manage its data for U.S. users, both companies said. TikTok also will enter into a “commercial partnership” with Walmart,...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive Asia
How Tesla is Winning From the U.S.-China Trade War
By Juro Osawa · Oct. 19, 2020 6:02 AM PDT
How Tesla is Winning From the U.S.-China Trade War

On Nov. 1 last year, Tesla invited executives from dozens of China-based automotive parts suppliers to the carmaker’s new Shanghai factory, where its first made-in-China Model 3 sedans were about to roll out. At the event, Roshan Thomas, Tesla’s senior executive in charge of managing suppliers, gave a speech explaining that Tesla needed to continually push down the price of its ...

Latest Briefs
 
Neumann Didn’t Get Full $185M “Consulting” Payout, WeWork Exec Says
By Cory Weinberg · Oct. 19, 2020
HeadSpin Under Investigation by DOJ, SEC for Financial Misrepresentations 
By Kate Clark · Oct. 19, 2020
AT&T’s CEO Calls out Tech Giants for Being Too Powerful
By Tom Dotan · Oct. 19, 2020
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
SPAC Pioneer Is Vindicated by Boom, Even as Bigger Banks Take Over Market
Markets
SPAC Pioneer Is Vindicated by Boom, Even as Bigger Banks Take Over Market
By Ross Matican
David Nussbaum has been waiting for this moment for 30 years. The 66-year-old banker helped pioneer the concept of special purpose acquisition companies—cashed-up, empty corporate shells looking for businesses to buy—in the early 1990s.
New Amazon Data: Retailer Wins Sales While Losing to Merchants on Listings
Data Point Policy E-commerce
New Amazon Data: Retailer Wins Sales While Losing to Merchants on Listings
By Paris Martineau
Just 1% of the vacuum cleaners, immersion blenders and other household products listed on Amazon last year were sold by the retailer, with the rest coming from other merchants who use its platform.
SoftBank Feeds SPAC Frenzy: The Information’s Tech Briefing
The Briefing
SoftBank Feeds SPAC Frenzy: The Information’s Tech Briefing
By The Information Staff
Raise your hand if you’re not doing a SPAC. It often feels like the list of people who aren’t involved with a special purpose acquisition company—a cashed-up public company looking for a business to buy—is shorter than the list of people who are involved in one.
New Data Show Reality Behind Self-Driving Truck Startup’s Funding
Exclusive Venture Capital Startups
New Data Show Reality Behind Self-Driving Truck Startup’s Funding
By Yunan Zhang and Amir Efrati
TuSimple, a prominent developer of self-driving semitrailer trucks that is worth more than $1 billion on paper, said last fall it had secured funding of $215 million from investors.
Censorship Drama Engulfs Facebook, Twitter: The Information’s Tech Briefing
The Briefing
Censorship Drama Engulfs Facebook, Twitter: The Information’s Tech Briefing
By The Information Staff
There’s no question that Facebook and Twitter face an extremely difficult task in trying to keep misinformation from polluting their networks, particularly now, in the weeks before the election.
Cover Wall Street for The Information!
jobs@theinformation
Cover Wall Street for The Information!
By The Information Staff
If you’re interested in how the capital markets work, and you love the tech industry, The Information has a job for you.