Online Broker eToro Seeks $10.4 Billion Value in SPAC Deal
Israeli online broker eToro will go public via a merger with a special purpose acquisition company at a valuation of $10.4 billion.
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Recent Editions
Texas AG Expands Google Ad Tech to Cookie Rollback
States accuse Google of trying to “wall off” the open internet
Google Halves App Store Commissions for Small Developers
Google's move, which follows a similar step taken by Apple last year, comes as both companies are under growing pressure from governments and customers over their app store practices.
Livescale Raises $2.5 Million
The small Montreal-based live shopping startup gets a boost from investors.
TikTok Owner ByteDance Looks to Develop Semiconductors
The company is hiring people to work on developing chips for servers based on Arm technology.
News Corp Reaches Deal with Facebook Over Licensing News
The move comes after Facebook temporarily suspended the posting and sharing of news in Australia.
Acting FTC Chair, Colorado AG to Testify in Latest Congressional Antitrust Hearing
Big Tech foes will continue making their case for expanded antitrust legislation
Airtable Valued at $5.77 Billion After Raising From Greenoaks, Katzenberg’s Wndrco
The database software startup had just raised $185 million in September.
Clubhouse Adds First Head of Marketing, Accelerator Program for Creators
The announcements show that Clubhouse intends to raise its profile through other social platforms and more high-profile talks with celebrities.
Google Cloud Inks Partnership With Automation Software Firm
Strategic partnership is the latest sign of how "robotic process automation" software is getting attention from large companies.
Amazon-Backed Deliveroo Seeking $1.4 Billion in IPO
Amazon-backed Deliveroo is seeking to raise more than $1.4 billion by selling new shares in its IPO on the London Stock Exchange.
Robinhood Acquires Recruiting Firm Binc
The deal doubles the size of Robinhood's recruiting organization amid record growth.
China’s Government Asks Alibaba to Sell Media Outlets
The government's move is a sign of growing pressure on Alibaba, partly due to the government's unhappiness with founder Jack Ma.
Didi Says Driver Rammed and Killed a Passenger After a Quarrel
The murder allegation puts renewed pressure on China's biggest ride-hailing firm which ramped up security measures after two women passenger were killed by their drivers in 2018.
India Could Ban Cryptocurrency Trading and Mining
The potential ban could be a major blow to cryptocurrency by criminalizing even holding the digital assets, going further than even China's restrictions.
Court Ruling Halts U.S. Investment Ban on China’s Xiaomi
The ruling is a victory for Xiaomi, the world's third-largest smartphone maker that competes with Apple and Samsung.
Stripe Raises $600 Million at $95 Billion Valuation
‘We’re investing a ton more in Europe this year, particularly in Ireland,’ says Stripe President John Collison.
Zoom Sues RingCentral for Trademark Infringement
The market for cloud-based collaboration products has exploded during the pandemic, and now two longtime business partners are butting heads.
Short Seller Hindenburg Stings Another Electric Vehicle SPAC
Retail investors may be realizing that public companies that have no product and no revenue might not be a sure thing.
Google and Microsoft Engage In War of Words
Microsoft has lately backed efforts by the Australian government to govern how much money internet firms pay for content.
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