South Korean Videogame Maker Behind PUBG Seeks $5 Billion in IPO
The IPO would be a boon to investors such as Chinese internet giant Tencent, which owns a roughly 16% stake in the company.
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Sonos Brings Criticism of Google and Amazon to Senate
Lawmakers accused the companies of using their scale as an unfair advantage when it comes to in-home technology.
Zuckerberg Shows Off Facebook Audio Rooms
Tech companies are rushing into social audio, which grew in popularity during the pandemic shutdowns.
Amazon’s Cashierless Tech Comes to a Full-Size Grocery Store
Amazon on Tuesday announced that its cashierless Just Walk Out technology will soon be deployed in a full-size grocery store for the first time.
Tech Critic Lina Khan Named FTC Chair
Khan arrives at the five-member regulatory commission during an extraordinary time for antitrust enforcement in the U.S.
Social App IRL Raises From SoftBank at $1.2 Billion Valuation
The teenage messaging app is one of Softbank’s first major social media investments since ByteDance.
U.K. Regulators to Examine if Google and Apple Run Smartphone Duopoly
Antitrust authorities will examine whether the two companies are effectively a duopoly in mobile phones with Android and iOS, the two dominant operating systems.
E.U. Court Says Facebook Can Be Pursued by National Data Agencies
The E.U. Court of Justice ruled that Belgium could pursue an investigation into Facebook despite the social media giant being headquartered in Ireland.
SoftBank Leads $360 Million Funding Round for Singapore’s Carro
Carro's new round is the latest indication of how Southeast Asia's e-commerce sector is attracting more money from global investors.
India to Accelerate Amazon and Flipkart Antitrust Investigations
The investigations have resumed after a court rejected efforts by Amazon and Walmart’s Flipkart to block them.
Major Revisions to Apple Watch Pushed to 2022 and Beyond
The Apple Watch hasn’t achieved the same level of popularity as the iPhone and still can’t be used independently of Apple's flagship device.
Online Grocer Boxed to Go Public Via $900M SPAC Deal
The merger with special purpose acquisition company Seven Oaks Acquisition would reportedly value Boxed at just under $900 million.
YouTube Blocks Certain Ads From Masthead
YouTube will no longer allow ads at the top of its homepage featuring gambling, political content, prescription drugs or alcohol.
Supreme Court Gives LinkedIn Another Shot in Data Collection Case
The Microsoft-owned social media giant wants to make it illegal for others to gather personal data from users' public profiles.
Two Top Execs Resign From Lordstown Motors Following Misleading Disclosures
The electric truck maker’s CEO Steve Burns and CFO Julio Rodriguez stepped down after the board concluded the company disclosed inaccurate information about truck pre-orders.
Thrasio in Talks to Go Public Via SPAC Merger
FBA rollup darling Thrasio is in talks to go public by merging with a blank-check company led by Michael Klein, Bloomberg reported Friday.
Facebook Acquires Game Maker BigBox VR
Facebook's Oculus unit has acquired BigBox VR, a Seattle-based developer behind the virtual reality games Population: One.
Palo Alto Networks Switches Chief Marketing Officers
Network security company, whose software protects companies from sophisticated cyberattacks, says it made the change in April.
House Lawmakers Introduce Bipartisan Bills to Curb Big Tech
The legislative proposals take aim at Google, Facebook, Apple and Amazon.
Congress Working on Legislation to Break Up Amazon, Apple and Others
House lawmakers are working on legislation that could force the largest technology companies to sell key assets or split into separate companies.
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