JD.com Logistics Unit Mulls IPO That Could Raise $5 Billion
An IPO would be a long-anticipated move. JD.com spun off the logistics unit in 2017, and the unit in 2018 raised $2.5 billion from high-profile outside investors.
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New Google Fiber-Optic Cable Would Link Saudi Arabia and Israel
The project to provide more connectivity to India’s fast-growing population of internet users, may fail to happen because it hasn’t secured all the permits for the complex cross-border route.
SoftBank Leads $1.7 Billion Investment Into Chinese Logistics Startup Full Truck Alliance
Other investors in the firm, also known as Manbang, include Fidelity International, Sequoia, Hillhouse, GGV and Jack Ma’s Yunfeng Capital.
Microsoft Partner AvePoint Going Public Via SPAC
The deal, which values AvePoint at $2 billion, shows how some of Microsoft's thousands of business partners can grow into large companies themselves.
Disney Television CFO to Depart
The move comes after Disney reorganized the company and moved business responsibilities to a new division.
Apple Security Chief Indicted in Bribery Scheme Over Firearms Permits
The head of global security at Apple was indicted by a grand jury for participating in an alleged bribery scheme involving gun permits in Santa Clara County.
Amazon Uses Pinkertons, Other Analysts to Monitor Warehouse Workers
More than two dozen leaked documents obtained by Motherboard detail Amazon’s extensive surveillance of labor and environmental groups around the world.
Online Ad Group Asks Authorities to Stop Google’s Privacy Rollout
Online advertisers have asked the U.K.’s antitrust authority to intervene in Google’s roll-out of a privacy initiative that could restrict targeting of ads.
Warner Music Reports Stronger Digital Revenue
Warner Music stock has stagnated since it went public, reflecting the lack of overall growth despite higher streaming revenue.
Snapchat Launches TikTok Rival
Snap’s push into short-form video follows earlier moves by Facebook and Google-owned YouTube to also compete with TikTok, which has exploded in popularity in the last two years.
China Uses Supercomputer Powered by Intel, Nvidia to Repress Uighurs
The report calls into question whether U.S. chipmakers should ban the sale of all products to companies in China with ties to the Chinese military.
China Readies Moon Launch to Become First Country in Decades to Retrieve Lunar Rock
The launch, scheduled for Tuesday, marks a major advance in China's space program, which has also recently sent a mission to Mars. News of the secretive project was released by NASA.
U.S. May Restrict Tech Exports to 89 Chinese Firms
After its sanctions against Huawei, the Trump administration is ramping up its measures to limit exports to other Chinese companies.
Airbnb ‘Trust’ Executive Left Last Year Over China Data Dispute
The company has been spending heavily to grow its business in China.
Apple Seeking to Weaken Pending Legislation on Uighur Forced Labor Bill
Apple's lobbyist are trying to weaken a proposal that would hold U.S. companies accountable for the use of forced labor in China.
Microsoft to Offer Free 24-Hour Video Calls
The move is the latest example of how Microsoft is positioning Teams as an alternative to Zoom's video conferencing service.
Vox’s Co-Founder and Editor-in-Chief Both Depart
The site has now lost three top employees in the last few weeks.
DOJ Investigating Merger of Hollywood Trades
The proposed deal put three of Hollywoods biggest trades under the same owner.
White House May Strip Confederate Names From Military Bases if Congress Repeals Section 230
The White House is trying to use the controversy over military bases named for Confederate military leaders to get rid of Section 230.
Wish Files to Go Public
Wish's IPO filing shows that its growth slowed sharply last year, only to pick up this year, thanks to the pandemic.
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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