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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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Recent Editions

Briefing

Prenatal Test Made by China’s BGI Harvested Pregnant Women’s Data for Research

Jul 8, 2021 · 1:40am PDT
Reuters reports that U.S. government advisors are worried about the massive data being collected by the Chinese gene sequencing company as China and the U.S. battle for tech supremacy.
Briefing

Chinese Medical Data Startup Halts U.S. IPO After Didi Crackdown

Jul 8, 2021 · 1:23am PDT
The move comes just days after Beijing launched a severe crackdown on ride-hailing giant Didi Global and two other U.S.-listed Chinese tech firms.
Briefing

Google Sued by States Over App Store Antitrust Violations

Jul 7, 2021 · 2:27pm PDT
Google, not Apple is the first app store to face US regulatory action.
Briefing

New Execs Join Amazon’s S-Team

Jul 7, 2021 · 12:01pm PDT
Bezos and Jassy wrote that two longtime executives would join the S-team: Drew Herdener, vice president of global communications, and James Hamilton, an AWS vice president and engineer. 
Briefing

U.S. Startups Raise Record $140 Billion

Jul 7, 2021 · 10:51am PDT
Fueling the record-breaking investment levels are mega-financing rounds at sky-high valuations.
Briefing

Melinda French Gates Agrees to Terms of Possible Exit From Foundation

Jul 7, 2021 · 9:17am PDT
Melinda French Gates has agreed to eventually leave the foundation she created with Bill Gates if either of them decides they can't work together.
Briefing

SoftBank Leads New Funding For Israeli Facial Recognition Company

Jul 7, 2021 · 6:50am PDT
Microsoft sold its stake in AnyVision last year after the software giant conducted an audit into how the company’s technology was being used within Israel. 
Briefing

Glossier Raises $80 Million Series E at $1.8 Billion Valuation

Jul 7, 2021 · 6:42am PDT
While other e-commerce brands, including Allbirds, Warby Parker, StockX and Rent the Runway, are testing the public market, the fundraising signals that Glossier isn’t planning to go public this year.
Briefing

European Fintech Wise Valued At $11 Billion After London Direct Listing

Jul 7, 2021 · 6:17am PDT
Wise had been valued at $5 billion in a secondary market sale last year.
Briefing

China Fines Tech Firms for Not Submitting Deals For Antitrust Approval

Jul 7, 2021 · 3:52am PDT
The fines, while small, highlight how Beijing is continuing with a crackdown of its homegrown internet giants over antitrust concerns.
Briefing

China Considers Regulating Legal Structure Used by Alibaba, Tencent and Others to List Shares Overseas

Jul 7, 2021 · 2:57am PDT
China’s tech companies got around foreign investment restrictions by setting up offshore shell companies. Now, China wants to regulate those.
Briefing

Huawei’s U.S. Lawsuit Against Verizon Goes to Trial

Jul 7, 2021 · 1:50am PDT
The trial comes as Huawei struggles to cope with the lasting impact from U.S. trade sanctions that have dealt a severe blow to the Chinese company's business.
Briefing

Weibo in Talks to go Private and Relist in China

Jul 7, 2021 · 12:51am PDT
The news comes as Beijing pressures its homegrown tech firms to list in China as opposed to the U.S. for geopolitical or disclosure reasons.
Briefing

Neighborhood App Nextdoor to Merge With Khosla Ventures SPAC

Jul 6, 2021 · 11:07am PDT
The deal, which includes $270 million in additional PIPE financing, shows that the SPAC market remains attractive for startups with high-profile backers.
Briefing

Pentagon Cancels Multibillion-Dollar Cloud Contract With Microsoft

Jul 6, 2021 · 10:50am PDT
The Joint Enterprise Defense Infrastructure (JEDI) cloud contract has been canceled after four years of competitive friction and lawsuits.
Briefing

Didi’s Stock Falls More Than 20% After China’s Crackdown

Jul 6, 2021 · 7:59am PDT
The stock's plunge comes after China's top internet regulator ordered the ride-hailing giant's app to be removed from app stores.
Briefing

China Issues New Rules on Overseas Listings That Could Stifle IPOs

Jul 6, 2021 · 7:23am PDT
The government called for tougher law enforcement mechanisms governing overseas-listed Chinese companies days after its crackdown on ride hailing giant Didi Chuxing.
Briefing

Twitter No Longer Has Immunity Over User-Generated Content In India

Jul 6, 2021 · 5:59am PDT
India's ruling reflects increasing challenges for U.S. internet platforms in dealing with problematic content in Asia.
Briefing

Twitter, Facebook, Google Threaten to Leave Hong Kong Over New Law

Jul 5, 2021 · 11:49pm PDT
The threat comes as Beijing cracks down on pro-democracy activists in Hong Kong and passes new cybersecurity laws aimed at quashing dissent.
Briefing

Chinese Regulators to Block Tencent’s Merger of Game Streaming Sites

Jul 5, 2021 · 11:05pm PDT
The report comes amid a regulatory crackdown on Chinese internet companies on government concerns that they’ve become too powerful.