Murdoch Abandons Plan for Fox News Service in UK
News Corp faced competition in the UK market for a conservative news channel, as a rival organization called GB News is starting a new opinion-led TV channel in the coming months.
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The Information AM
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
Jack Ma’s Ant Group Could See Its Value Tumble to $29 Billion
The Bloomberg estimates represents a big drop from Ant Group's last round of private financing when it was valued at $150 billion.
Google’s Latest Cloud Deal Includes YouTube, Android Services
Multi-faceted agreements are part of Google Cloud CEO Thomas Kurian's strategy for establishing long-term relationships with customers.
Tesla Books Record $438 Million Profit From Sale of Credits, Bitcoin
Tesla's bet on bitcoin at the start of the year helped it to book a record profit in Q1.
Lyft Sells Self-Driving Car Unit to Toyota For $550 Million
Uber paid money to unload its self-driving car unit whereas Lyft is getting paid to do the same.
Thoma Bravo Acquiring Cloud Security Firm Proofpoint for $12.3 Billion
Thoma Bravo, a private equity firm that has previously acquired cybersecurity companies like Barracuda Networks and Sophos, is making an email security play.
Basecamp Bans Political Discussions Among Employees
"You shouldn't have to wonder if staying out of it means you're complicit, or wading into it means you're a target," the company's CEO wrote.
Spotify Raises Price of Premium Family Plan
This marks the first time the company is raising the price of the plan.
Spotify CEO Prepares Bid For English Soccer Club
Ek would follow the likes of former Microsoft CEO Steve Ballmer and tech investor Mark Cuban who have bought sporting franchises with the proceeds of their tech riches.
Google, Roku Lock Horns Over YouTube
The dispute demonstrates how so-called carriage agreements aren't just about money anymore.
German Media and Tech Take Up Beef With Apple Over Ads
A group of companies have filed an antirust complaint against Apple’s new OS updates, saying opt-in tracking will severely harm the digital ad market.
China’s Antitrust Regulator Launches Investigation of Food Delivery Giant Meituan
The announcement of the investigation comes after regulators levied a record $2.8 billion fee on Alibaba.
ByteDance Says Has No Plans ‘Yet’ for Listing
The denial comes amid growing expectations that the online video juggernaut would list after it recently hired a chief financial officer.
Ant Group to Offer Employees Zero Interest Loans
The offer to borrow money off of employees' stock options comes as morale plummets after last year’s failed IPO.
Disney Plus Email Gaffe Over Pricing Costs Company
As a result of an incorrect email about its Disney+ price increase, some annual subscribers get to keep the old pricing.
Alphabet Employee Median Pay Rises 6%
The company also plans to implement new bonuses based on social and environmental goals.
Spotify to Launch Subscription Podcasting Service
The plans follow Apple, which also just announced its own offering this week.
Baidu’s Joint Venture With Automaker Geely to Invest $7.7 Billion in Smart Cars
The announcement comes as Huawei and Xiaomi also make big plans to develop electric and autonomous vehicles.
China’s Central Bank Wants to Control Ant Group’s Data
Beijing is tightening its control over China's biggest internet companies and the way they collect data.
Snap Stops Burning Cash, Grows Revenue 66%
Daily users of Snapchat also grew 22% to 280 million, Snap’s highest quarterly growth rate in over three years.
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