SoftBank to Slow Down Investments As Market Turmoil Hurts Portfolio
SoftBank is trying to slow down deals and raise cash as the volatility of tech stocks in recent months has hurt the value of its vast portfolio.
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Hackers Used Emergency Requests to Steal User Data From Apple, Meta
The crimes shine a spotlight on emergency data requests, which don't require a court order and are used only when there is imminent danger to someone.
Waymo Begins Fully Autonomous Rides for Employees in San Francisco
The move is another step towards offering paid robotaxi service to the broader public on complicated and busy city streets.
Disney Hires Google Exec as CTO of Streaming Division
The 18-year veteran of Google, is joining Disney as it plans to merge Hulu's tech platform with Disney+, expand live programming and introduce an ad-based tier.
Google Tries To Improve Search Results Related to Personal Crisis and Explicit Content
The changes could improve long standing issues with how content related to dark or racy topics is surfaced by the world’s largest search engine.
Meta Paid Republican Firm to Push Anti TikTok Campaign
The firm, Targeted Victory, has pushed stories that tie dangerous trends to TikTok.
Google CEO Sundar Pichai Meets With Top European Lawmakers
The trip comes only days after the same regulators unveiled the new DMA regulations, which are designed specifically to target companies like Google.
SoftBank’s Arm to Transfer Stake in China Unit to Ease Path to IPO
Shares in the China joint venture, control of which is contested, will be transferred to a special purpose vehicle which could allow the chip design firm to list shares.
China Plans New Regulations For Live-Streaming Services
Such a move could have an impact on Chinese tech giants that operate live-streaming platforms in China, including TikTok's owner ByteDance and its rival Kuaishou.
Hackers Steal Around $600 Million Worth of Crypto From Axie Infinity Blockchain
The native token of the Ronin blockchain was down 20% on Tuesday.
OnlyFans Weighs Going Public Via SPAC
OnlyFans, the subscription platform best known for adult content, has approached SPACs about a merger to take it public, according to Axios.
Chinese Video App Kuaishou’s Revenue Rises 35% on Solid Ad Sales
Kuaishou's better-than-expected results come even as China's internet giants are facing challenges due to an economic slowdown and Beijing's regulatory crackdown.
Bloomberg Suspends Operations in Russia Over War
The financial data and trading platform said customers in Russia and Belarus would be unable to access its services.
DOJ Backs Bill Targeting Business Practices of Amazon, Apple and Google
The FTC, led by Amazon critic Lina Khan remains silent on the proposal.
FTC Sues to Block TurboTax Ads It Alleges Mislead Consumers
The lawsuit follows a lengthy investigation and seeks a temporary injunction of Intuit's allegedly misleading ads for its popular tax-filing software.
Singapore’s Sea Shuts Down E-Commerce Business in India
The Southeast Asian internet giant is reviewing its strategy for global expansion to focus its investments on more promising markets such as Brazil.
Biden Adds Taxes for Rich, Corporations, and Crypto in Budget Proposal
It’s unclear if the proposal, aimed to reduce the deficit by $1 trillion over 10 years, will make it through Congress.
Apple Cuts Production on Ukraine War, Rising Inflation
The move is an early sign of how global tech brands are adjusting to the global slowdown in consumer spending.
HP Inc. Targets Remote Work in $1.7 Billion Poly Acquisition
HP Inc. fought off a lengthy takeover bid from Xerox two years ago, and now it is trying to buy headset maker Poly in what would be its largest-ever acquisition.
Huawei’s 2021 Revenue Down 29% as U.S. Sanctions Hurt Smartphone Sales
The Chinese tech giant's revenue from its consumer business, which consists mainly of smartphones, fell 50% last year.
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