PayPal Says It’s Not Pursuing an Acquisition of Pinterest
The statement followed media reports that the online payments platform was in talks to acquire the e-commerce and digital pin board site for as much as $45 billion.
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Facebook Knew its Platform Pushed Polarizing Content in India
The revelations about its problems in its single largest market were part of the massive document dump by whistleblower Frances Haugen.
Chinese Design Startup Tezign Valued at More Than $1 Billion
Tezign's new fundraising shows how investors continue to back Chinese tech startups even amid Beijing's escalating regulatory crackdown.
Google Employee: Ad Business is Like Goldman Sachs Owning New York Stock Exchange
A multi-state coalition’s antitrust case against Google over the power it holds in online advertising is one of several competition-related suits the company faces.
Shoppers Can Now Buy Bitcoin at Walmart
Walmart customers can trade cash for bitcoin using Coinstar kiosks at select stores.
Chinese Firms CATL, BYD Balk at Building Battery Plant in U.S. For Apple Car
Talks between Apple and the two Chinese companies stalled after they said they wouldn’t set up dedicated factories in the U.S. amid rising tensions between the two countries.
China’s Regulator Suggests Didi Explore Hong Kong Listing
The talks about a possible Hong Kong listing come as Didi's U.S.-listed stock has plunged since its June IPO due to Beijing's cybersecurity crackdown.
Tencent Said it Closed Loophole that Made WeChat Searchable on Google and Bing
China's leading tech companies Alibaba and Tencent have been opening their apps after the government ordered them to stop blocking external links.
Brex Said to Raise Funding at $12.3 Billion Valuation
The fintech startup has been rapidly launching new products and buying smaller companies.
Intel Blames Chip Shortage for Q3 Sales Miss
Intel CEO Pat Gelsinger says the chipmaker remains in the throes of the global chip shortage but things should start to improve next year.
Snap Reports Slowdown in Revenue Growth and Projects Bigger Slowdown in Q4
The numbers reflect the impact on the ad market of Apple’s ad-tracking clampdown as well as macro economic factors caused by shortages of goods.
Google Cuts App Store Service Fee
Google and Apple have reduced some app store fees as they face pressure over their dominance
Intel’s Acquisition Talks With Chip Startup SiFive Fizzle
SiFive, a chip design startup that is competing against ARM Holdings, is aiming for an IPO after turning down an acquisition offer from Intel.
WeWork Begins Trading on the Nasdaq
WeWork's stock was up 11% as of Thursday afternoon, trading just above $11.50.
Payment Systems of Google, Apple, and Other Tech Companies Probed by Financial Watchdog
The CFPB is examining how large tech companies use financial data and whether they engage in anticompetitive conduct.
Facebook Oversight Board Says Company Not ‘Fully Forthcoming’ on X-Check System
Board said Facebook declined to provide certain information or offered information that was incomplete.
HBO Max Loses 2 Million U.S. Subscribers Thanks to Amazon Deal Ending
Warner managed to offset some of the customer losses with a cut-price offer for HBO Max, while the service's expansion into Latin America also increased international subscribers sharply.
China’s Cybersecurity Watchdog Goes After Leading Financial News Outlet
The removal of the highly regarded Caixin from the internet regulator’s list of approved media is a major blow to an already weakened press.
Major ByteDance Investor SIG Trying to Sell Some of its Shares
Finding a buyer at a high valuation won't be easy, as Beijing's regulatory crackdown makes global investors reluctant to bet on Chinese internet giants.
U.S. Authorities Restrict Sales of Hacking Tools to Russia, China
The move aims to prevent hacking tools used for legitimate purposes from falling into the wrong hands.
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