Peloton Rival iFIT Postpones IPO, Citing “Adverse Market Conditions”
iFIT’s postponement raises questions whether other companies will reevaluate plans of going public.
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Recent Editions
Kanter Appears to Have Wide Senate Support For DOJ Antitrust Spot
Kanter is longtime critic of Google, Apple, Facebook and Amazon.
Privacy Expert Olivier Sylvain Tapped by Lina Khan as ‘Senior Advisor’
Sylvain will advise Khan on rule making and emerging technologies.
IAC to Buy Meredith for $2.7 Billion
Billionaire mogul Barry Diller has got his hands on a magazine giant, which his firm, IAC, hopes to turn into a bigger digital media giant.
Facebook Conducting ‘Reputational Reviews,’ Slowing Product Rollouts: Report
The company is investigating whether products could negatively affect children after facing intense scrutiny from lawmakers.
Macy’s Activist Investor Urges Retailer to Spin Off its E-commerce Business
With the surge in online shopping, Macy's activist investor believes the firm could snag a higher valuation for its online business than its current total market valuation.
Kelly Campbell Jumps From Hulu to Peacock
The move comes as Disney (which controls Hulu) and Comcast (which owns NBCUniversal and Peacock) are feuding over the valuation of Hulu.
Mark Zuckerberg Breaks Silence Over Whistleblower Leaks
Facebook CEO says whistleblower’s claims “don’t make sense.”
Apple Faces European Antitrust Charges Over Apple Pay
This will be the second antitrust shoe to drop for Apple in Europe, where the EC has been conducting a long running investigation into the App Store and Apple Pay.
European Commission Moving to Charge Apple with Antitrust Violations Over Apple Pay
This will be the second antitrust shoe to drop for Apple, following the EC's long running investigation into how the company runs the App Store and Apple Pay.
Facebook’s Zuckerberg Offers Response to Whistleblower
The chances appear slim that the embattled founder’s lengthy post could change many minds after the wave of public criticism triggered by the whistleblower’s leaks.
China Launches Plan to Make Algorithms Fair and Follow Party Ideology
The plan was released last week and aims to set up a comprehensive system in three years.
Amazon’s New CEO Discusses Antitrust Concerns, New HQ1 Location
Andy Jassy gave his first on-stage interview as head of Amazon on Tuesday at the 2021 GeekWire Summit in downtown Seattle.
Allbirds Downplays its Sustainable IPO Plans in Updated Filing
A month after filing to go public, Allbirds toned down language about its sustainability offering and still has not included an IPO price in recent amendments.
DeepMind Swings to Profit After Years of Losses
The Alphabet-owned AI unit provides research across its parent company
Digital Education Company Udemy Files for IPO
The San Francisco-based company follows several other education technology companies like Duolingo and Coursera that have opted for public listings.
Seed Firm NFX Raises $450 Million
The news comes just two weeks after Greylock Partners raised $500 million in a heated, ongoing battle for seed deals.
Instagram Launches New Video-Focused App Instagram TV
Instagram is redoubling its focus on video by combining two of its video features and launching a new video-focused app.
Facebook Whistleblower Calls for Government Oversight of Facebook
Frances Haugen, a former project manager at Facebook, testified before a Senate hearing Tuesday.
Tesla Ordered to Pay $137 Million Over Racial Taunts
A federal grand jury found Tesla failed to stop racism targeting a Black elevator operator in its Fremont, California auto plant.
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