Microsoft Unveils Mesh Software Platform for HoloLens, VR Headsets
Microsoft announced a new platform called Microsoft Mesh for creating social and collaborative experiences on augmented and virtual reality devices.
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Disney CEO Indicates Theatrical Window Won’t Return to Normal
More indications that the stranglehold that theaters had on release windows has disappeared.
Instacart’s Valuation Doubles to $39 Billion in New Fundraising
Instacart raised $265 million from a group of existing investors, both venture capitalists and mutual fund giants.
Connected TV Maker Vizio Files to Go Public
The move comes as more people are turning to Internet-enabled televisions to access all of their favorite video streaming services.
Ant Group Tries to Ease Employees’ Concerns With Promise of Future IPO
The Chinese financial technology giant is trying to prevent employees from leaving after Beijing forced the company to scrap its IPO in November.
Compass’ IPO Filing Shows $270M Loss Last Year
The company's revenue, made up almost entirely of the commissions it makes buying and selling homes, grew by 56% to $3.7 billion last year.
Roku Acquires Ad Tech Assets From Nielsen
The software would bolster Roku's rapidly expanding advertising business.
Coupang Sets IPO Pricing Range
The Korean e-commerce firm could be valued at $49 billion in the public markets.
Biden Backs Unionizing Amazon Warehouse Workers
President Joe Biden on Sunday expressed support for Amazon workers at a facility in Alabama who are in the midst of a historic unionization vote.
Zoom Video Reports Big Increase in Revenue and Profits for Q4
The videoconference company finished January with $4.2 billion in cash, positioning it to expand into new markets.
Black AWS Manager Sues Amazon Alleging Racial Discrimination, Sexual Harassment
A senior manager at Amazon Web Services filed a federal discrimination suit against the company Monday alleging racial and sexual discrimination.
Skydio Becomes First U.S. Drone Maker to Hit Unicorn Status
Andreessen Horowitz led the $171 million investment that valued the California-based hardware company at more than $1 billion.
Another Hong Kong Tycoon Looks to Raise Money Via a U.S.-Listed SPAC
Adrian Cheng, CEO of real estate-to-infrastructure conglomerate New World Development Co., is in early talks to launch a blank check company to raise as much as $400 million.
China Insurer CEO Says Beijing’s Fintech Crackdown Not Surprising
Everyone in China's internet finance sector, including Ant Group, knew tighter rules were coming, a Ping An Insurance executive says.
China’s R&D Spending Reached Record in 2020
The record spending comes as China moves to become more self-sufficient in areas such as chip development amid a trade war with the U.S.
Roblox Pitches the Metaverse Ahead of Public Listing
“Our vision is that billions of people from around the world will come to Roblox to do stuff together,” CEO David Baszucki said.
Disney Reportedly Reaches Agreement for NFL Renewal
The new deal would be 30% more expensive than the last deal Disney signed with the league.
Ex-Amazon Studios Executive Claims He Was Fired for Upgrading Airline Ticket
Amazon's frugal policy around travel runs in the face of an industry practice of giving executives nice perks.
Facebook Ends Australia News Blackout After Striking Deal With Local News Publishers
Facebook lifted the week-old news ban a week after Australia made changes to a law that allowed the social network more time to negotiate with news outlets for content deals.
ByteDance OKs $92 Million Settlement of Lawsuit Claiming It Violated Teen Users’ Privacy
A judge has yet to sign off on the agreement, which would close the class-action lawsuit filed on behalf of minors as young as 8 years old.
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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