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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.

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Recent Editions

Briefing

China Investigates Former Head of Top Chipmaking Firm for Graft

Mar 20, 2023 · 3:52am PDT
Tsinghua Unigroup Chairman Zhao Weiguo’s case has been handed over to prosecutors, the latest example of high-profile corruption allegations in China’s $100 billion chip effort.
Briefing

Rippling Raises $500 million to Ease SVB-Linked Payroll Crunch

Mar 17, 2023 · 3:32pm PDT
The round shows how the sudden failure of Silicon Valley Bank snarled the network of relationships between tech startups and the financial institution.
Briefing

Coinbase Exploring Overseas Derivatives Trading Platform

Mar 17, 2023 · 10:35am PDT
The move would help Coinbase more closely with Binance, which has a dominant share in derivatives trading.
Briefing

Silicon Valley Bank Parent, SVB Financial, Files for Bankruptcy

Mar 17, 2023 · 5:33am PDT
SVB's securities and capital arms aren't included in the filing.
Briefing

U.S. to Investigate ByteDance Surveillance of Journalists

Mar 17, 2023 · 4:45am PDT
The U.S. Department of Justice is looking into how TikTok was used to track journalists from the Financial Times and Buzzfeed who broke stories about the popular app.
Briefing

Tiger Global Writes Down Value of its Venture Funds by 33% 

Mar 17, 2023 · 12:38am PDT
The hedge fund cut about $23 billion from the value of its venture capital funds in 2022.
Briefing

OpenAI Co-Founder: ‘We Were Wrong’ to Share Research

Mar 16, 2023 · 4:12pm PDT
Recent comments from one of OpenAI's co-founders demonstrate how far it has moved from its initial focus as a research lab.
Briefing

Microsoft Announces OpenAI-Powered “Copilot” in Office 365 Software

Mar 16, 2023 · 12:01pm PDT
Microsoft hopes the new automation tools will help it generate more revenue and fend off competitors.
Briefing

Virgin Orbit Pauses Operations Amid Cash Crunch

Mar 16, 2023 · 11:28am PDT
The company plans to give an update “in the coming weeks.”
Briefing

YouTube TV Hikes Prices, Cites Rising Content Costs

Mar 16, 2023 · 10:55am PDT
YouTube's live TV service plans to raise prices from $64.99 to $72.99 per month, starting in April, as TV content costs continue to rise.
Briefing

Twitch CEO Emmett Shear Resigns

Mar 16, 2023 · 10:26am PDT
Dan Clancy, Twitch’s president, will step into the role.
Briefing

Wall Street Banks Rescue First Republic

Mar 16, 2023 · 9:38am PDT
The federal government helped stitch together a rescue of First Republic Bank.
Briefing

Shopify-Backed Klaviyo Cuts 10% of Headcount

Mar 16, 2023 · 8:27am PDT
The marketing platform had seen a boost in growth following restrictions on sharing customer data with advertisers.
Briefing

Robinhood Chief Operating Officer Stepping Down

Mar 16, 2023 · 8:01am PDT
Gretchen Howard will stay on as an advisor through the end of the year
Briefing

Amazon Tests Rite Aid Deliveries in Instacart Challenge

Mar 16, 2023 · 7:28am PDT
The service, which is being piloted in Newark, NJ and Burbank, Calif., marks a push by Amazon onto Instacart's territory.
Briefing

FTX Says SBF, Other Founders Received $3.2 Billion from Alameda and Other Entities

Mar 16, 2023 · 7:23am PDT
Nishad Singh, Gary Wang and Caroline Ellison have all pleaded guilty to federal fraud charges related to the FTX collapse, and Bankman-Fried is awaiting trial.
Briefing

U.S. Officials Demand ByteDance Sell TikTok

Mar 16, 2023 · 1:25am PDT
More pressure from the White House puts ByteDance in a tough spot as China's government could oppose the idea of selling TikTok to a non-Chinese buyer.
Briefing

First Republic Explores Strategic Options Including a Sale

Mar 15, 2023 · 5:10pm PDT
The regional bank's stock has been volatile since the run on Silicon Valley Bank started.
Briefing

Adobe Shares Jump 5%, CEO Says Figma Deal Still on Track

Mar 15, 2023 · 4:22pm PDT
Adobe seems to be coping with the slowdown in software spending, as sales exceeded expectations in its recent quarter.
Briefing

Stripe Makes $6.5 Billion Fundraising Official

Mar 15, 2023 · 2:06pm PDT
The fundraising crystallized a drop of nearly half in Stripe's valuation from two years ago.