Zoom’s Sales Jump 191% as Pandemic Boom Continues
Zoom's business continues to accelerate even as some employees begin returning to offices, and now all eyes are on its second act.
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Cloudera Going Private in $5.3 Billion Acquisition
Cloudera, after several years of inconsistent sales growth and strategy changes, is going private just over four years after its IPO.
Warner-Discovery Merged Company to Be Called Warner Bros. Discovery
The tagline for the company is “The Stuff That Dreams Are Made Of.”
Australian Media Company Nine Signs Google, Facebook Deals
Nine Entertainment was the last of the three main Australian media giants to strike a deal with the social network and search engine after changes to Australian law meant they had to pay for news content.
Amid Crypto Crackdown, Chinese Brokers Target Offshore Bitcoin Traders
The brokerages Tiger Brokers and Futu Securities will expand their cryptocurrency trading services, tapping demand for trading in the volatile digital currencies outside of China.
Poland Trial Begins for Ex-Huawei Executive Accused of Spying
The outcome of the case could have business repercussions for Huawei, which has been accused of spying for the Chinese government.
China Announces Three-Child Policy in Bid to Boost Falling Birth Rate
The decision highlights how sharply births have fallen, as China tries to undo the impact its decades-long one-child policy.
Intel CEO Reiterates Chip Shortage Could Last Years
The comments about the global chip shortage reiterate what Intel’s CEO, Pat Gelsinger, told The Washington Post in April.
President of Alibaba’s Southeast Asian Unit to Step Down
Lazada President Jessica Liu's departure, which follows a series of management changes in recent years, comes as the Alibaba unit faces tough competition.
AWS Head of Productivity Apps Departs
Executive who oversaw efforts to generate more sales from applications leaves after two years, and it's unclear if he has been replaced.
SolarWinds Hackers Launching New Attacks, Microsoft Warns
Russian state-sponsored hackers are switching things up and using different tactics in attacks on international development and human rights organizations.
China’s Uber for Trucks Full Truck Alliance Files for U.S. IPO
The company is said to be seeking to raise $1.5 billion dollars in a New York listing.
Lionsgate Reports Streaming Subs Exceed Cable Subscribers
The entertainment company has 16.7 million streaming subscribers as of the end of the first quarter.
Salesforce’s Benioff Reveals Plan for In-Person Dreamforce
The annual customer conference, held last year as a virtual event, will return to its normal format in September.
Snowflake Dissolves Corporate Headquarters, CEO Now Based in Montana
Following in the footsteps of Oracle, Hewlett Packard Enterprise and Palantir, Snowflake no longer has a corporate headquarters in California.
VC Firm Will Donate Fund Profits to HBCU Endowments
Venture firm Base10 Partners plans to donate 50% of carried interest to historically Black colleges.
More State AGs Considering Antitrust Action Against Amazon
Amazon’s size and cutthroat business practices are attracting increased scrutiny from U.S. regulators
Kilar to Stay On as WarnerMedia CEO for the Moment
The question now is how much AT&T will pay the new CEO to stick around.
Google Opens Door to More Merchants in E-Commerce Battle With Amazon
Google is partnering with a new group of companies that help retailers sell goods online in a fresh e-commerce push.
Neumann Nabs Additional Stock Award From WeWork
The stock grants come on top of the more than $1 billion in cash, stock and debt refinancing that Neumann already secured as part of his exit package.
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