Chinese Chipmaker Tsinghua Unigroup Defaults on Bond
The default shows how difficult it has been for China to invest in its own chip companies in a bid to become self reliant from the U.S.
Weekday mornings
The Information AM
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
Recent Editions
AI Startup DataRobot Reveals New Funding, Preps for IPO
DataRobot, which is in some ways similar to IBM Watson in terms of selling to companies in various industry segments, may soon go public.
Microsoft Aims to Build Cybersecurity Into PC Chips
For years, Microsoft has been adding software features into Windows to keep it safe from hackers, and now it is shifting that work to chips.
Zuckerberg and Dorsey Grilled by Senators Over Bias and Content Moderation
Both Democrats and Republicans agree that Facebook and Twitter do a poor job on content moderation. That's where the agreement stops.
Robinhood Discusses IPO
Robinhood is credited with bringing lots of individual investors into the stock market this year.
Twitter Launches Vanishing Tweets, Tests Group Audio Calls
This type of sharing has exploded in popularity on other social networks and could provide a valuable channel for advertising to Twitter.
SoftBank Has $80 Billion in Cash, Says CEO
Son's comments follow several major asset sales by SoftBank to shore up its balance sheet.
Activist Elliott Sells Out of AT&T
The hedge fund is selling out of the telecommunications giant even though the company hasn't yet made some of the key changes it was pushing for.
Senate Judiciary to Grill Zuckerberg and Dorsey
Senate Republicans are expected to blast Zuckerberg and Dorsey in the wake of President Trump's election loss.
Amazon Gets Into Prescription Drugs With “Amazon Pharmacy”
Amazon's move threatens pharmacy retail chains, and is the latest diversification by the ecommerce giant.
Baidu to Buy Chinese Live Video Service YY for $3.6 Billion
The deal is Baidu's latest attempt to find a new source of revenue growth, after its previous bet on on-demand services and food delivery failed.
China’s Didi Unveils Electric Car Designed for Ride Hailing
The move is part of Didi's ongoing effort to boost the supply of qualified vehicles to meet local government regulations.
Airbnb to Give Employees Ability to Sell Some Vested Shares
The move follows a similar carveout by gaming platform Unity, which went public in September and has seen a steady stock rise.
Tesla to Join S&P 500, Stock Jumps
The $387 billion electric automaker recently reported its fifth consecutive quarter of profit.
Airbnb’s Revenue Fell 18% in Q3, but Cash Pile Grew
The company’s revenue drop wasn't nearly as steep as online travel competitors Booking Holdings and Expedia Group.
Parler Receives Financial Backing From Mercer Family
Parler, a platform that markets itself as free speech oasis, has financial backing from influential Republican donor Rebekah Mercer.
Hulu Raises Pricing for Streaming Cable Bundle
It now puts it on par with other streaming cable bundles like YouTubeTV
Google Wants Information Provided by Rivals in Antitrust Case
Google worries that it will be at a disadvantage in court if its in-house lawyers can't see the information rivals provided to prosecutors in its antitrust case.
Goldman Executive to Run Michael Dell’s Investment Firm
Gregg Lemkau was an advisor to big media and tech firms.
Casper Reports Revenue Decrease in Third Quarter of 2020
Direct-to-consumer sales saw an 11.4% decrease from the same period last year.
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