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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

Grubhub’s Instant-Delivery Partnership on Ice as Russia-Backed Buyk Struggles

Mar 9, 2022 · 11:40am PST
New York-based Buyk is facing funding and stuffing struggles as current sanctions put a strain on its financial ties to Russia. Now, Grubhub has put the breaks on its partnership with ultrafast delivery startup.
Briefing

Amazon’s MGM Deal to Get Green Light in Europe

Mar 9, 2022 · 10:49am PST
The European Commission is set to give its blessing, but the $8.5 billion deal still faces a major hurdle in the United States.
Briefing

Lawmakers Accuse Amazon of Lying to Congress, Ask DOJ to Investigate

Mar 9, 2022 · 9:51am PST
The referral comes as Amazon faces antitrust scrutiny around the world.
Briefing

U.S. Could “Shut Down” Chinese Tech Companies that Try to Skirt Russia Sanctions

Mar 9, 2022 · 1:08am PST
The U.S. Commerce Secretary warned that Chinese companies that try to defy U.S. sanctions to sell technology to China would face severe consequences.
Briefing

Indian Food Delivery App Swiggy Hires Banks for $1 Billion IPO

Mar 8, 2022 · 8:45pm PST
SoftBank-backed Swiggy, valued at $10.7 billion as of January, is gearing up for an IPO in a challenging stock market environment. 
Briefing

Investment Service AngelList Valued at $4.1 Billion by Tiger Global

Mar 8, 2022 · 5:13pm PST
The funding is a rare venture capital raise for AngelList, whose business helping venture capitals raise new funds took off during the pandemic.
Briefing

AWS Stops Taking New Customers in Russia and Belarus

Mar 8, 2022 · 3:49pm PST
Amazon Web Services already doesn't do business with the Russian government, and now it is stopping signups of new customers in the country.
Briefing

Stitch Fix Slashes Sales Forecasts as User Growth Slumps

Mar 8, 2022 · 3:24pm PST
The online subscription-based retailer is not seeing as many new users after it slowed down its marketing spend in the fall.
Briefing

Alphabet Highlights Financial Risks of Russia-Ukraine War

Mar 8, 2022 · 2:30pm PST
The Google parent said the conflict would cause a negative foreign exchange impact and hit revenue because it stopped selling ads in Russia
Briefing

Netflix CFO Says ‘Never Say Never’ on Ads

Mar 8, 2022 · 2:22pm PST
The company seems to be taking a less vehement stance on whether it will ever launch a cheaper ad-supported tier.
Briefing

Apple to Livestream Baseball Games

Mar 8, 2022 · 12:10pm PST
Under the deal, Apple will livestream two games a week.
Briefing

Better.com Laying Off More Than 3,000 People

Mar 8, 2022 · 10:05am PST
Three months after cutting 9% of its staff, Better.com is letting go of more than a third of its 9,000-person workforce.
Briefing

Amazon Launches Live Radio App Amp

Mar 8, 2022 · 7:20am PST
Amazon announced its answer to the rise of social audio features: Amp, a live radio app that turns users into DJs.
Briefing

Google to Buy Mandiant for $5.4 Billion

Mar 8, 2022 · 4:33am PST
The acquisition is designed to beef up Google Cloud's security offerings so it can better compete with Microsoft Azure and AWS.
Briefing

Autonomous Driving Startup Pony.ai’s Valuation Rises to $8.5 Billion

Mar 7, 2022 · 11:08pm PST
Pony.ai's announcement of its new valuation is part of its attempt to reassure investors after it shelved its plans to go public in the U.S. last year.
Briefing

ThredUp Reports Strong Growth But Forecasts Slowdown

Mar 7, 2022 · 2:27pm PST
The online used goods firm said its new distribution centers in Texas and Tennessee will contribute to widened losses in 2022, and it also expects sales growth to lag.
Briefing

Intel’s Mobileye unit files for IPO

Mar 7, 2022 · 10:56am PST
The deal would raise cash for new chip plants.
Briefing

Index Ventures Says it Won’t Invest in Russia

Mar 7, 2022 · 7:25am PST
The European venture capital firm said it will no longer make investments in Russia or co-invest alongside people or companies linked to the Russian regime.
Briefing

Coinbase Blocks 25,000 Russian Accounts Linked to Illegal Activity

Mar 7, 2022 · 6:03am PST
The company’s chief legal officer made the disclosure in a blog post on Monday outlining Coinbase’s recent efforts to comply with sanctions linked to the invasion of Ukraine.
Briefing

Uber Says Ride Hailing Business is Bouncing Back Faster Than Expected

Mar 7, 2022 · 5:57am PST
Uber projected stronger earnings, excluding a wide range of expenses, than it had previously.