Vice Announces Layoffs as it Pushes More into Video
The layoffs come as the company is seeking to position itself more as a studio business.
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Forbes to Go Public via SPAC
The deal marks the second media SPAC to be announced this year.
A Jeff Bezos ‘Shadow’ Joins Hopin Amid Amazon Exodus
Wei Gao, a former Amazon technical adviser to Jeff Bezos, will join London virtual events startup Hopin as chief operating officer.
UK and Europe May Soon Face-Off Over Cookie ‘Consent’ Pop-Ups
A top U.K. official proposed loosening data privacy rules, which could create a showdown with the European Union.
Axel Springer to Buy Politico for More Than $1 Billion
The deal values the political news site at more than $1 billion.
Western Digital in Talks to Merge With Japan’s Kioxia in $20 Billion-Plus Deal
The potential deal would be the latest example of how big mergers and acquisitions are transforming the global chip industry.
Former AWS Exec Charlie Bell Joins Microsoft
Longtime AWS engineering executive jumps to the cloud giant's top rival, though his role isn't yet clear.
Benioff: Covid-19 Variants Likely to Continue Wreaking Havoc
Salesforce continues to do well during the pandemic, and CEO Marc Benioff isn't expecting a wave of companies returning to offices anytime soon.
Prosecutors Charge Startup Founder For Allegedly Lying to VCs About Revenue
HeadSpin co-founder Manish Lachwani was forced out of the company last year, and it returned much of the capital it had raised after financial irregularities came to light.
OnlyFans Halts Plan To Ban Pornography
The reversal arrives just days after the company said it would ban porn under pressure from banks and payment providers.
Huawei Gets Approval to Buy U.S. Chips for Auto Components
The move comes after Huawei’s access to chips was hurt by U.S. sanctions, which hurt its ability to buy 5G chips for its smartphones.
Discord Raising New Funding At $15 Billion Valuation
Dragoneer will lead a $500 million investment in the voice and text chat app popular with videogamers and GenZ.
Alibaba-Backed Grocery App Scales Back Operations, Lays Off Staff
Nice Tuan's decision to cease operations in some cities comes as Beijing's regulatory crackdown has affected the fast-growing online grocery sector.
Google Trial Lawyer: Fired Employees Accessed Confidential Information
At a trial before a federal administrative law judge, Google and U.S. government lawyers argued over the degree to which the law protects employees who access corporate documents.
Warby Parker Files to Go Public
Warby Parker filed to go public through a direct listing, revealing in its paperwork the severity of the pandemic's impact on its business.
Waymo Starts Testing Self-Driving Car Rides For San Francisco Public
The autonomous vehicle company’s testing program is an incremental step on the long road to offering transport services in the city.
TikTok To Offer In-App Shopping With Shopify Partnership
In partnership with Shopify, TikTok is among a growing list of social media platforms to venture into e-commerce with its new in-app shopping feature.
Pinduoduo Unveils $1.5 Billion Donation Program Amid Beijing’s Crackdown
Chinese internet giants are launching new charity and social responsibility initiatives that are in line with the Beijing's policy goals.
AMC Networks CEO to Step Down
Josh Sapan will transition to the role of executive chair of AMC Networks, raising questions if the company might be in play as an M&A target.
Connected TV Maker Vizio Sees Upfront Ad Boost
The TV manufacturer is aiming to compete with Roku and Amazon as a streaming distribution platform and ad seller.
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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