China’s Uber for Trucks Full Truck Alliance Files for U.S. IPO
The company is said to be seeking to raise $1.5 billion dollars in a New York listing.
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The Information AM
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Recent Editions
Lionsgate Reports Streaming Subs Exceed Cable Subscribers
The entertainment company has 16.7 million streaming subscribers as of the end of the first quarter.
Salesforce’s Benioff Reveals Plan for In-Person Dreamforce
The annual customer conference, held last year as a virtual event, will return to its normal format in September.
Snowflake Dissolves Corporate Headquarters, CEO Now Based in Montana
Following in the footsteps of Oracle, Hewlett Packard Enterprise and Palantir, Snowflake no longer has a corporate headquarters in California.
VC Firm Will Donate Fund Profits to HBCU Endowments
Venture firm Base10 Partners plans to donate 50% of carried interest to historically Black colleges.
More State AGs Considering Antitrust Action Against Amazon
Amazon’s size and cutthroat business practices are attracting increased scrutiny from U.S. regulators
Kilar to Stay On as WarnerMedia CEO for the Moment
The question now is how much AT&T will pay the new CEO to stick around.
Google Opens Door to More Merchants in E-Commerce Battle With Amazon
Google is partnering with a new group of companies that help retailers sell goods online in a fresh e-commerce push.
Neumann Nabs Additional Stock Award From WeWork
The stock grants come on top of the more than $1 billion in cash, stock and debt refinancing that Neumann already secured as part of his exit package.
Paytm Reportedly Aiming for India’s Biggest IPO
The payments platform wants to raise $3 billion in an IPO later this year.
Twitter Concerned Over Intimidation Tactics, New Laws in India
The statement comes as the Indian government seeks to control foreign social media networks in an effort to tamp down on political protests and discourse.
China’s Regulators Tell Tencent to Reorganise FinTech Business
Such a move would be in line with the Chinese government’s broader crackdown on the fintech sector where Ant Group is facing a major restructuring.
Ex-Microsoft Board Member Says She Was Pushed Out Over Nadella Blunder
Maria Klawe, a former Microsoft board member who stepped down in 2015, sheds new light on the events surrounding her departure.
Bezos to Step Down as Amazon CEO on July 5
Amazon CEO Jeff Bezos said his final day in the top job at the internet giant will be July 5.
Chinese E-Commerce App Pinduoduo’s Revenue More Than Triples
Despite the solid quarterly results, Pinduoduo, like other Chinese internet giants, faces uncertainties due to Beijing's crackdown on the tech sector.
Google Strikes Health Care Analytics Deal With HCA
The companies say they will use patient and device data to improve treatment and hospital operations, though past partnerships have drawn privacy scrutiny.
Amazon to Buy MGM for $8.45 Billion
The purchase is the first time a major tech company has bought a film studio, a sign of how video streaming is shaking up the Hollywood landscape.
Chinese Smartphone Maker Xiaomi Posts Record 1Q Results
Xiaomi is filling a void left by Huawei, which has been battered by international sanctions over its ties to China’s military.
Facebook Faces European Antitrust Probe Over Marketplace
Facebook is the last of the U.S. tech giants to face an official antitrust probe by the Commission.
Tesla to Store Chinese User Data Locally After Security Concerns
The move is part of Beijing's efforts to require foreign companies to store Chinese user data onshore as it seeks greater control and security over information.
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