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Startups

DoorDash and Postmates Discussed Merger

Food-delivery apps DoorDash and Postmates previously discussed merging, per Recode. It sounds like a case of “1+1=1,” as dealmakers might say. That is, not a game-changer. Like with some other on-demand services, it’s been difficult to understand how much value DoorDash and Postmates create for customers (have you ever ordered food from one of them and not been surprised by the fees they...

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The Briefing
Amazon’s Flying Camera Spotlights Privacy: The Information’s Tech Briefing

Amazon’s unveiling of new Echo and Ring devices today should test just how worried Americans are that tech companies are infringing on their privacy. That’s been a huge concern of parts of the news media in the past couple of years, focused on Facebook in particular. But there has been little evidence that privacy worries were stopping people from using Facebook.

But the reality of ...

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Google Suffers Outage
Global Climate Tech Investment Reached $16 Billion Last Year
Hacker Uses Microsoft 365 Logins in Government Server Attack
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Startups Microsoft
Tech Execs Are Obsessing Over Note-Taking Apps. We Tested Them Out
Investors are newly enamored of note-taking apps, financing startups like Notion Labs, Coda and Roam Research at high valuations.
Profile Media/Telecom Markets
Bourkoff Is Star Media Dealmaker, But Can He Make Shift to Tech?
Aryeh Bourkoff hates wasting time. Rather than checking his overcoat when he goes out to lunch during New York’s frigid winters, the investment banker sometimes asks his assistant to walk with him to the restaurant so she can take his coat with her back to the office.
Exclusive Entertainment
ViacomCBS Probed Sexual Misconduct Allegation Against CEO Bob Bakish
ViacomCBS has been investigating an allegation of sexual misconduct by its CEO, Bob Bakish, according to several people familiar with the situation.
Venture Capital Asia
TikTok Valued at Around $60 Billion, As Deal Structure Emerges
Walmart and Oracle are valuing the soon-to-be formed TikTok Global at between $50 billion and $60 billion, according to two people familiar with the deal, as key aspects of one of the most convoluted global tech deals in history take shape.
Exclusive Policy Google
In Ironic Twist, Google’s Pro-Privacy Move Boosted U.S. Antitrust Probe
Google has taken a lot of heat for violating people’s privacy. Now it could get in trouble for trying to protect it.
The Takeaway Media/Telecom Google
Accepting Kickbacks, Publishers Are Playing Into Tech Companies’ Hands
For years, news publishers have been clamoring for Facebook, Google and Apple to pay for the news content that gets distributed through their services.