Bitcoin Hits All-Time High, Nears $67,000
Bitcoin’s price reached almost $67,000 for the first time ever.
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PayPal Exploring Pinterest Acquisition
If PayPal proceeds, it would be a surprising move for the digital payments giant, expanding it into the digital advertising market.
Alibaba’s Jack Ma Visits Europe in First Overseas Trip Since China’s Crackdown
The fact that China is allowing Ma to leave the country suggests that Beijing's scrutiny of the Alibaba founder and his business empire might be easing.
Facebook Plans to Change its Name
The company will announce the new name next week in a move drawing comparison to Google's Alphabet .
Thiel: Crypto is the ‘most honest market we have’.
Bitcoin’s success shows fissures in the political status quo, Thiel says.
Data Privacy Startup Skyflow Raises $45M, Targets Fintech Firms
Skyflow's third funding round in 18 months shows how investors see big growth potential in software that can secure corporate data from cyberattacks.
Netflix’s Subscriber Growth Improves, But Only Slightly
The quarterly results show once again that Netflix’s market share in North America—which is mostly the U.S.—has plateaued.
Google Alerts Experiences Days-Long Glitch
Users dependent on Google Alerts from across the web reported a dearth of emails
Google Pushes Down Price of Newest Pixel
The price and features of Google’s newest phone suggest a focus on growing market share
Facebook Pilots Novi Crypto Wallet Without Diem
Facebook chose to pair its Novi crypto wallet with Paxos’ stablecoin instead of diem.
Facebook Settles With Government In Worker Discrimination Probe
The social media company has been ordered to pay $14 million in penalties.
Instacart Acquires Checkout Technology Service Caper AI
The deal shows how Instacart is aiming to diversify the services it offers to grocery partners beyond delivery.
Alibaba Launches Fashion E-Commerce Site for Western Consumers
Alibaba's move tries to replicate the worldwide success of Chinese online fast fashion retailer Shein.
Alibaba Unveils New Server Chips in Latest Cloud Computing Push
The move comes as Alibaba Cloud's revenue growth has slowed in recent quarters.
SoftBank Leaders Battle Over Future of Latin America Fund
SoftBank COO Marcelo Claure wants to spinout the firm's Latin America fund business.
Facebook’s Comms VP Tweets Thread Bemoaning “Gotcha Campaign”
The outpouring is the latest attempt by Facebook to push back on the media’s characterization of its internal research.
Google CEO Stresses Need for Three Days in the Office
Pichai said commutes in major cities ate up a lot of time and that a 3-2 model provides better balance
Podium Hires Former Shopify Exec as COO
The messaging platform for offline businesses hopes Padelford, who ran Shopify's premium business, Shopify Plus, will help grow its merchant base from 100,000 to one million.
Facebook Pledges to Create 10,000 EU Jobs Over Next Five Years
The hiring push comes as part of Facebook’s expansion into the metaverse.
Facebook’s AI Struggles to Detect Hate Speech, Violence: Report
Engineers at the company have questioned the efficacy of Facebook’s systems at detecting rule-violating material.
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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