China’s online retailer JD.com said it will cut senior managers’ salaries between 10% and 20% to help fund improved employee benefits as China pushes for “common prosperity” and targets “excessive” salaries. The company said it would prepare the equivalent of $1.4 billion to help company employees buy homes, according to an email by JD founder Richard Liu cited by Reuters. The email said...
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Where Google Has Grown
Alphabet has doubled the headcount in its Google Cloud unit since early 2019, according to data obtained by The Information, outstripping Alphabet’s overall hiring growth. The rapid growth helps explain why Google Cloud’s losses continue to widen even as its revenue grows rapidly. Google’s hardware unit and YouTube also each roughly doubled headcount between the first quarter...
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The Information’s Top Tech-Adjacent Gifts for 2022
After the roller-coaster ride of the past month, everyone needs a little retail therapy. So, in honor of Black Friday and the upcoming holiday season, we’ve put together our annual gift guide, asking The Information’s staffers to share their favorite tech and tech-adjacent purchases of the last year.