Driverless Truck Developer Plus Raises $220 Million Ahead of Likely SPAC Listing
Its biggest investors are Full Truck Alliance, Sequoia Capital China and GSR Ventures.
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Recent Editions
Compass Prices IPO at Lower End of Range
Compass had already slashed the size of the offering, a sign that that investors may be fretting about the impact of rising interest rates on the real estate market.
TSMC Says Will Invest $100 Billion to Expand Capacity
The pledge comes after Intel said it would spend $20 billion amid a crippling global shortage of semiconductors used in everything from cars to smartphones.
Facebook Changes News Feed; Clegg Defends Against Polarization Charges
Facebook’s VP of global affairs publishes essay addressing Facebook critics
Endeavor Files to Go Public, Again
The entertainment company had to abandon its 2019 IPO after questions arose about its hefty debt load, and amid a turbulent IPO market.
Oracle to Move Customers’ Apps to Its Cloud for Free
Oracle is trailing the cloud market leaders by a wide margin, so it is launching a new program to help customers solve a big challenge.
Google to Bring Back Office Workers in April
Wider access to vaccines has prompted big tech companies to bring limited numbers of nonessential employees back to the office,
Microsoft Wins Army Contract for HoloLens
Contract would see Microsoft supply 120,000 HoloLens modified for military use.
Facebook Looking to Expand AR/VR Team With Antitrust Counsel
The position would focus on M&A and antitrust investigations at Facebook Reality Labs.
Compass Slashes Size of Offering
The sharp reduction in the price and size of the IPO is the latest sign of investor jitters.
Apple Leads $50M Funding Round for Music Distributor UnitedMasters
The investment is a rare case of Apple leading a venture capital round.
Deliveroo Drops 30% on Stock Market Debut
It was a disappointing IPO for the Amazon-backed food delivery company and marks a setback for the U.K.'s efforts to keep startups listing locally.
Alibaba, DST Lead $750 Million Round for Chinese Grocery App Nice Tuan
In China, the fast-growing market for online grocery apps has become the hottest battleground for tech giants and startups.
Amazon Plans for Return to ‘Office-Centric Culture’
Amazon on Tuesday released new details about its post-pandemic plans.
Networking Device Firm Accused of Security Breach Cover-Up
Ubiquiti told its customers more than two months ago that a breach of a third-party cloud provider may have leaked their data, but there's more to the story.
Spotify Acquires Live Sports Talk App
Live audio chatting has become all the rage during COVID, but will it last?
Facebook to Hire Chief Business Officer After Exec Departure
David Fischer has been at Facebook for more than a decade running ad sales and more recently oversaw the company’s business expansion into India.
Epic Games Takes Fight Against Apple to U.K.
Epic Games has filed a new antitrust complaint against Apple with the U.K. competition authority.
Xiaomi Says Will Invest Up to $10 Billion in Making an Electric Car
Lei Jun, the founder of the Chinese smartphone maker, will head the new electric vehicle unit, entering a field crowded with competitors including Tesla.
Andreessen Horowitz Doubles Down on Substack
The Silicon Valley venture capitalist led a $65 million round of investing that valued the hot startup at $650 million.
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