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Facebook Extends Remote Work Till July 2021

Facebook will allow its U.S. workforce to work remotely through July 2021, pushing back its previous deadline of the end of this year. The new date, announced internally to employees Thursday, is “based on guidance from health and government experts,” according to a company spokesperson. The move follows Google and Uber recently pushing their remote work policies back to the same timeframe as...

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The Briefing
The Role of Tech Founders in Stock Performance: The Information’s Tech Briefing
The Role of Tech Founders in Stock Performance: The Information’s Tech Briefing

Are founder-led firms necessarily better bets for investors than those led by managers? An article on Reuters concluded as much, reporting that “Major founder-led tech firms have seen their share prices double so far this year, comfortably beating a 7.8% gain for the S&P 500 index” and also doing better than those led by hired hands. The report focused on Netflix, Amazon and ...

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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
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
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.
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
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.
Apple Unveils 5G Phones: The Information’s Tech Briefing
The Briefing
Apple Unveils 5G Phones: The Information’s Tech Briefing
Apple brought all its usual marketing hyperbole to today’s unveiling of its latest iPhones, with breathless exclamation for new colors, chip speed and the ceramic cover that Apple promises will be less breakable.
Censorship Drama Engulfs Facebook, Twitter: The Information’s Tech Briefing
The Briefing
Censorship Drama Engulfs Facebook, Twitter: The Information’s Tech Briefing
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.
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