TikTok Makes First Foray Into NFTs
TikTok on Thursday announced its first-ever move into digital collectibles known as NFTs.
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Cybersecurity Fund Ballistic Ventures Targets $250 Million
Longtime security investor Ted Schlein, a partner at Kleiner Perkins, is helping raise the new effort.
Blue Origin Employees Detail Safety Concerns, Sexism at Space Venture
The letter states that many of the 21 employee authors would not fly on a Blue Origin vehicle due to safety concerns.
Facebook Exec Clashes With Senators Over Instagram and Teens
The company’s global head of safety faced a grilling from lawmakers over the company’s attempts to court young users.
Alibaba Files to Register Metaverse-Related Trademarks in China
Alibaba's move, which follows a similar effort by Tencent, comes as tech giants around the world are talking up the metaverse as the next big thing.
Facebook Releases Internal Research About Instagram’s Impact on Teens
The company claims the Wall Street Journal mischaracterized its research.
Fanatics’ Venture Raises Series A Round at $10 Billion Valuation
The rich price reflects the surge in online trading of baseball cards and a series of players-union deals inked by majority owner Fanatics, Inc.
Amazon Settles Labor Complaint with Former Employees
Amazon agreed to a settlement with two former employees who had accused the company of firing them for their activism.
General Catalyst Raises Rare Fund to Buy Startup Revenue
The $300 million fund shows the rising demand among investors to purchase the sales contracts of software startups.
Google Intros New Shopping Features Amid Search Battle with Amazon
The updates follow other moves made by Google since last year, including making search listings free for merchants and a partnership with Amazon rival Shopify.
University Endowments Post Record Gains
The tech stock frenzy is fueling returns for the university endowments that invest in VC funds.
SoftBank Values Startup Andela at $1.5 Billion in New Funding
The new investment makes Andela the latest tech startup founded in Africa to be valued at more than $1 billion
Confirmation Hearing for DOJ Antitrust Nominee Kanter Set For Oct. 6
Kanter is still likely months out from starting the job.
Microsoft Partners With, Invests in Cloud Healthcare Startup Truveta
In addition to partnering with an emerging startup in the healthcare technology industry, Microsoft is getting a potentially lucrative cloud customer.
YouTube Bans False Claims About Any Approved Vaccine
The company acknowledged that undertaking such censorship is inherently fraught because “scientific understanding evolves as new research emerges.”
Macy’s Fears Amazon Is Coming for Its Iconic Herald Square Billboard
“Akin to a conquering enemy, it would be as if a competitor hung its ‘flag’ on top of Macy’s flagship department store and announced victory," the suit claims.
FTC Considering New Privacy Rules: Report
The news rules would also include greater protections for children.
Warby Parker Closes at $52 and $6 Billion Valuation
The company's stock debut shows investor confidence in Warby Parker's brand recognition and potential to turn a profit, unlike similar public companies that sell directly to their customers.
China’s Xi Calls for More Top Tech Talent, R&D Spending
Xi's comments come as China is trying to accelerate the development of homegrown technologies and reduce its dependence on U.S. innovations.
Facebook Teen Usage Sharply Declined, Internal Research Showed
The company is hoping Instagram can attract young users who will migrate to Facebook
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.
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