Block Responds to Short Seller’s Allegations of Fraud
The Jack Dorsey-founded fintech said that most of its accounts were linked to users with verified identities.
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Recent Editions
Apple Delays Headset Production to Third Quarter
The latest delay stems from Apple's uncertainty about how the headset will be received in the current economic climate, according to a prominent analyst.
FTC Chair Refused Musk Request for a Meeting
Musk ended up meeting with the FTC's single Republican commissioner.
Roku Lays Off 6% of Workforce
Roku plans to lay off 200 employees. The company said it's aiming to better manage operating expenses amid the ongoing slowdown in the digital ad market.
Meta to Allow European Users to Opt Out of Personalized Ads
Users who want to opt out of personalized ads will be able to submit their request using an online form.
Alphabet’s DeepMind and Google Brain Set Aside Rivalry, Target OpenAI
Also, a prominent Google AI researcher resigned after raising red flags to CEO Sundar Pichai about Bard, the company's ChatGPT clone.
Startup Wiz Finds Critical Azure Flaw Tied to Bing Search
Wiz, a cybersecurity startup co-founded by former Microsoft engineers, adds another flaw to the list of critical Azure flaws its researchers have found.
ByteDance Promoting Lemon8, New Community App in U.S.
ByteDance's introduction of Lemon8 comes as its hugely popular TikTok app is under a threat of a U.S. ban.
Binance.US Expects to Fix ACH Transfers in 24 Hours
Exchanges have been having problems with a key payment method for customers following the collapse of crypto-friendly banks Signature and Silvergate.
Celebrities Complain Ahead of Planned Twitter Verification Changes
Twitter will remove legacy blue checks on April 1 and only recommend accounts subscribed to Twitter Blue on the “For You” tab starting April 15.
Disney Fires Marvel Entertainment Chief Ike Perlmutter
Disney has dismissed Isaac Perlmutter, the chairman of Marvel Entertainment, who was involved in a recent proxy battle with investor Nelson Peltz.
China’s Last-Mile-Delivery Giant Files for Hong Kong IPO
Investors and bankers are hoping that a successful listing could pave the way for others to follow, after the global IPO market came to a near halt last year.
Judge Sides Against Google on Claims It Deleted Records
A federal judge in California ordered Google to pay attorney fees and other costs for plaintiffs suing the company on antitrust grounds.
Google Strikes Deal With Replit in Challenge to Microsoft
Google Cloud will sell customers access to software from Replit, while Replit users will have access to Google's AI models and other cloud services.
Oscar Health Names Insurance Veteran as New CEO
Co-founded by Thrive Capital's Josh Kushner, Oscar's stock has collapsed since its 2021 IPO as its losses have increased.
$100 Billion of Deposits Were Slated to Leave SVB the Day It Failed
Regulators testified before a Senate committee on Tuesday, shedding more light on how SVB failed.
Apple Launches “Pay Later” Installment Loans
The launch makes Apple the latest entrant in the crowded installment lending field.
Sam Bankman-Fried Charged With Paying $40 Million to Bribe Chinese Official
After the bribe was paid, Alameda regained access to $1 billion in funds that it used to help fund trading activities.
Amazon Opens ‘Sidewalk’ Wireless Network to Outside Developers
Several outside developers also revealed Sidewalk-enabled devices, including a natural gas alarm, a smart lock and a supply chain tracking device.
Meta to Lower Bonus Payments, Add More Reviews
The company said the move "aligns with our continued focus on maintaining a high-performance culture."
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy