Huawei Mulls Selling Its Premium Smartphone Business
The company is in early discussions with a consortium backed by the Shanghai government as is struggled with U.S. sanctions.
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The Information AM
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SoftBank’s Vision Fund Loses Another Executive
The second managing partner to leave this month, Colin Fan will step back from the Vision Fund but still hold an advisory role.
China Overtakes U.S. as Top Destination for Foreign Investment
Investors flocked to China as the country beat back Covid while the U.S. continues to struggle.
ByteDance Rival Kuaishou Seeks $5.4 Billion IPO
It would be the biggest internet IPO since Uber raised more than $8 billion in 2019.
Clubhouse Confirms New Funding, Will Launch Paid Features
Andreessen Horowitz has led a new round of funding in the buzzy social app Clubhouse after investors were seeking to value the young startup at $1 billion.
Report: Databricks Raising New Round at $27 Billion Valuation
Like Snowflake, Databricks sells software that companies can use to gain valuable insights from the mountains of data they generate from operations.
Microsoft, SAP Get Cozier With Teams Integration
After getting SAP to designate its Azure service as its "preferred" cloud, Microsoft is deepening its relationship with the German software giant.
Antitrust Scholar Khan in the Running for FTC Post
Lina Khan has called for new and aggressive approaches to antitrust law. She could be the next FTC commissioner.
NBCUniversal to Shut Down Sports Cable Channel
NBCUniversal is whittling down its cable channel portfolio by closing its sports channel and shifting its programming to USA.
Away CEO Resigns After a Year at the Helm
CEO Stuart Haselden had joined the suitcase startup amid executive tumult.
Google and Facebook Threaten Australia Over News Payment Plans
Google and Facebook are making clear what's at stake.
Google Threatens to Pull Out of Search in Australia
The comment is an escalation of a fight between the U.S. tech giants and Australia over a law that would force Google to pay for headlines and news snippets.
Chinese EV Maker Aiways Seeks $2 Billion Valuation in New Fundraising
The startup's new funding round comes as the rise in Tesla's stock has helped boost the share prices of Chinese electric car makers.
Alphabet to Wind Down Troubled Internet Balloon Subsidiary ‘Loon’
The decision comes after The Information reported on Loon's troubled technology and struggle in securing outside funding.
Incoming Intel CEO Tips Hand on Manufacturing Plans
Pat Gelsinger, who previously worked at Intel for three decades, has a plan for restoring investors' faith in the chip maker after some missteps.
Slaughter Named Acting FTC Chair
Biden tapped an aggressive critic of big tech to serve as the acting chair of the Federal Trade Commission.
Federal Court Denies Parler’s Bid to Reverse AWS Suspension
Parler's efforts to convince a federal court to force AWS to reinstate its account have fizzled, further complicating its ability to remain online.
Instacart Lays Off Part of Its Workforce
The layoffs, which affected all its unionized employees in Illinois, are part of a shift toward more grocery pick-ups
Democratic Lawmaker Calls for FBI Probe of Parler
A lawmaker calls for a probe of Parler, highlighting pressure on right-leaning sites that allowed users to post calls for violent insurrection.
Facebook Refers Trump Decision to External Oversight Board
The board will review Facebook’s decision to indefinitely suspend former President Donald Trump’s ability to post.
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