TikTok has lowered its internal advertising revenue forecast for this year to $10 billion from its previous target of $12 billion, according to a person with knowledge of the matter. TikTok CEO Shou Zi Chew recently shared the new forecast with the app’s managers in an internal meeting, according to the person. The slashed outlook, which was first reported by The Financial Times, shows how the...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Data Point google
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...
Crypto Lender BlockFi Files for Bankruptcy
Yahoo Takes 25% Stake in Taboola in Ad Partnership
U.S. Bans Sale of Telecom Equipment from Huawei, ZTE
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.
Recent Popular Stories
Gift Hunting culture
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.