About Us
Pricing
Briefing
Markets Asia

Ant Group Reaches Agreement With Government to Become a Financial Holding Company

By Shai Oster
· · Source: Bloomberg

Ant Group has reached an agreement to restructure itself as a financial holding company, which would subject Jack Ma’s fintech giant to similar capital requirements and other restrictions that govern banks, Bloomberg reported. Under the arrangement with Chinese regulators, all of Ant’s businesses, including food delivery, would be folded into the holding company, the report said. The...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Briefing Media/Telecom
Dorsey Makes His Case to Wall Street: The Information’s Tech Briefing
By Martin Peers · Feb. 25, 2021 5:32 PM PST
Jack Dorsey. Photo by Bloomberg
It’s a good thing Jack Dorsey isn’t running for public office. Promising big changes when you’ve been in the job for more than five years tends to prompt skeptical questions. But in this case, investors seem to be willing to give Dorsey the benefit of the doubt. In what was a bit of a bloodbath on Wall Street today, Twitter was one of the few stocks going up after its big...
Latest Briefs
 
Former Kuaishou Executive Arrested for Alleged Corruption
By Juro Osawa · Feb. 25, 2021
Startup Otter.ai Raises $50 Million, Hires Chief Marketing Officer
By Kevin McLaughlin · Feb. 25, 2021
VC Firm Bessemer Hires Amazon Veteran Jeff Blackburn
By Kate Clark · Feb. 25, 2021
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.
Zoom CEO Eric Yuan. Photo by Bloomberg
Exclusive Microsoft Google
Zoom Executives Have Discussed an Expansion Into Contact Center Market
By Kevin McLaughlin
Zoom Video Communications’ pockets are full of cash after a $2 billion secondary offering of its shares last month.
Art by Mike Sullivan
Opinion Policy Google
Data Is the New Sand
By Tim O'Reilly
The metaphors we use are like a map. They can guide us or lead us astray. When British mathematician Clive Humby said “ Data is the new oil ” back in 2006, he meant that data, like oil, must be refined and transformed to make it into useful products and services.
Katana's Kristjan Vilosius (from left to right), Priit Kaasik and Hannes Kert. Photo provided by Katana
Exclusive Venture Capital Startups
As Shopify Surges, So Are the Software Startups Riding Its Coattails
By Mark Di Stefano
Shopify’s stock has more than quadrupled since shoppers began flocking at the start of the pandemic to the online stores of the smaller merchants Shopify serves.
Microsoft CEO Satya Nadella. Photo by Bloomberg
Exclusive Microsoft
Microsoft’s New Gig: A LinkedIn Freelancer Market Rivaling Upwork, Fiverr
By Amir Efrati
LinkedIn is developing a new service called Marketplaces to let its 740 million users find and book freelancers, pitting it against publicly traded firms such as Upwork and Fiverr, according to two people with direct knowledge of the matter.
An image from the upcoming Disney movie 'Soul'. Photo courtesy of Disney
Exclusive
Data Reveals 40% of Disney+ Subscribers Are in the U.S.
By Wayne Ma and Tom Dotan
Disney’s flagship video-streaming service, Disney+, has quickly emerged as the only true competitor to Netflix, signing up nearly 100 million subscribers globally after 15 months, about half as many as Netflix has accumulated after a decade.
Aviatrix CEO Steve Mullaney. Photo provided by Aviatrix
Exclusive Venture Capital Startups
Cloud Startup Aviatrix Raises Round at Valuation Over $700 Million
By Kevin McLaughlin
A startup that helps companies avoid networking foul-ups when they run applications in the cloud is grabbing attention from investors.