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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.

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Recent Editions

Briefing

Shopify’s Shareholders Approve CEO’s ‘Founder Share'

Jun 7, 2022 · 9:12am PDT
The e-commerce software providers' 10-for-1 stock split, which will help Shopify's shares appeal to a broader range of investors, was also approved at the company's annual shareholder meeting.
Briefing

China Internet Stocks in Hong Kong Outperform After Didi News

Jun 7, 2022 · 1:47am PDT
While the end of Beijing's probe into Didi triggers hopes for a less harsh regulatory climate, Chinese internet giants continue to face economic headwinds.
Briefing

Peloton Hires New CFO From Amazon Web Services

Jun 6, 2022 · 4:39pm PDT
The beleaguered home exercise equipment company is looking for stability after a tumultuous year that has included a CEO switch.
Briefing

Apple Announces Buy Now Pay Later Feature Amid Services Push

Jun 6, 2022 · 12:21pm PDT
Apple has been aggressively pushing into services to diversify its revenue from its heavy dependence on the iPhone and other hardware.
Briefing

Meta Appoints Chief Information Security Officer

Jun 6, 2022 · 10:35am PDT
Guy Rosen, the newly appointed chief information security officer, previously led the company's integrity efforts.
Briefing

Musk Claims Twitter Breached Merger Agreement

Jun 6, 2022 · 6:56am PDT · 1 comment
A letter from Musk's lawyer to Twitter paves the way for him to pull out of the $44 billion deal.
Briefing

China to Conclude Probe Into Didi Global, Lift Ban on New User Registrations

Jun 6, 2022 · 2:03am PDT
The end of the Didi investigation could be a turning point in China's harsh crackdown on the internet sector.
Briefing

Amazon Global Consumer CEO Dave Clark Resigns

Jun 3, 2022 · 10:24am PDT
Amazon’s CEO of worldwide consumer Dave Clark announced his resignation Friday.
Briefing

Tesla Will Cut 10% of Salaried Workforce

Jun 3, 2022 · 8:27am PDT
CEO Elon Musk said the electric-car maker has too many employees in some areas.
Briefing

Pinterest to Acquire Fashion Marketplace The Yes

Jun 2, 2022 · 3:52pm PDT
The news comes just months after The Information reported on Pinterest's failed attempts to acquire another marketplace last fall.
Briefing

Coinbase to Extend Hiring Freeze, Rescind Many Recent Offers

Jun 2, 2022 · 3:14pm PDT
The decisions mark a significant about-face for the crypto exchange, which had originally planned on hiring 6,000 employees in 2022.
Briefing

Tiger Global Cuts Management Fees After Steep Loss

Jun 2, 2022 · 1:54pm PDT
The investor’s hedge fund fell 14.2% last month as public holdings nosedived
Briefing

SoftBank-Backed Social App IRL Lays Off Around 20% of Staff

Jun 2, 2022 · 12:58pm PDT
IRL is one of a number of tech firms that have cut staff in recent weeks, including other SoftBank-backed startups such as Picsart, Cameo and Reef.
Briefing

Winklevoss-Founded Gemini Cuts 10% of Staff as Crypto Slumps

Jun 2, 2022 · 7:29am PDT
The layoffs add to a growing list of crypto companies downsizing or freezing hiring.
Briefing

Ten Eleven Ventures Raises $600 million for Cybersecurity Fund

Jun 2, 2022 · 6:54am PDT
While valuations are now coming under pressure, Ten Eleven sees the shift as an opportunity to invest.
Briefing

Chinese Food Delivery Giant Meituan’s Revenue Beats Expectations

Jun 2, 2022 · 4:21am PDT
Meituan and other Chinese internet giants continue to face uncertainties due to the economic impact from China's Covid lockdowns in recent months.
Briefing

Xiaomi-Linked Firms Pause IPO Plans Amid Regulators’ Scrutiny

Jun 2, 2022 · 2:47am PDT
Beijing's scrutiny of tech firms that have ties to smartphone maker Xiaomi comes after the government last year stepped up its anti-monopoly campaign.
Briefing

Amazon Will Pull Kindle From China

Jun 2, 2022 · 1:35am PDT
The e-commerce giant said government pressure or censorship wasn’t the reason for its decision to stop selling the Kindle in China.
Briefing

Seatgeek Scraps SPAC Plans, Citing Market Volatility

Jun 1, 2022 · 4:02pm PDT
Deal would have valued the combined sports SPAC and ticket platform at $1.35 billion
Briefing

Sheryl Sandberg Announces Exit From Meta

Jun 1, 2022 · 12:58pm PDT
Sandberg has been at the company since 2008