Electric Vehicle Maker Rivian Files for IPO
The maker of electric pickup trucks and SUVs, which has a deal to deliver 100,000 vans to Amazon by 2025, lost $994 million in the first half of this year.
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Recent Editions
Ozy Shuts Down
Less than a week after a New York Times exposé catapulted it into the mainstream, the digital media company Ozy is shutting down.
Instacart CRO Seth Dallaire Leaves for Walmart
Walmart deals a blow to Instacart as the companies increasingly go head to head in selling advertising based on commerce data.
Biden Admin Wants to Regulate Stablecoin Companies as Banks
This kind of regulation would focus on stablecoin issuers like Circle, Tether and Paxos.
Google Scraps Plans for Checking Accounts
Google had planned to work with larger banks like Citigroup and digital banks like BM Technologies (previously BankMobile) and Green Dot.
Crypto Prices Soar After Fed Comments
The comments from Fed Chair Powell stand in contrast to China’s recent crackdown.
Zoom and Five9 Call Off Proposed $14.7 Billion Acquisition
Zoom's declining stock price has scuttled its bid to enter the call center software market, and now the question is whether it has a Plan B.
Analysts Expect Robinhood Stock to Fall, Citing Declining Engagement and Expiring Lockups
The stock trading app’s number of active users and app downloads tanked in the third quarter, according to a research report published by JPMorgan Chase & Co., citing Apptopia data.
TikTok Makes First Foray Into NFTs
TikTok is turning six popular short-form videos into NFTs.
TikTok Makes First Foray Into NFTs
TikTok on Thursday announced its first-ever move into digital collectibles known as NFTs.
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.
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