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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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Recent Editions

Briefing

Google Fined $120 Million for Excluding Italian App From Android Auto

May 13, 2021 · 6:28am PDT
The move shows national authorities in European countries are flexing their muscles against U.S. tech giants even as the European Commission itself investigates antitrust abuses from Brussels.
Briefing

Amazon to Hire Another 75,000 Workers

May 13, 2021 · 6:26am PDT
The new hires, for Amazon's warehouses and transportation network, would add to the half a million new employees hired during the Covid pandemic.
Briefing

Casper Expects to Be Profitable Later This Year

May 13, 2021 · 5:50am PDT
The online mattress retailer ran into operational troubles after a lackluster IPO debut last year but has since improved sales and reduced losses.
Briefing

SoftBank-Backed Coupang Reports Wider Than Expected Loss

May 13, 2021 · 2:51am PDT
The net loss threatens to erase some of the gains SoftBank reaped from Coupang’s blockbuster initial public offering in March.
Briefing

Chinese Robotaxi Startup WeRide Valued at $3.3 Billion in Funding Round

May 13, 2021 · 2:40am PDT
WeRide's fundraising comes as China's other major autonomous driving firms, such as Pony.ai and Didi Chuxing's robotaxi unit, also have raised money.
Briefing

Bitcoin Falls After Musk Says Tesla Won’t Accept the Digital Token

May 13, 2021 · 1:29am PDT
Bitcoin plunged 17% after Elon Musk said Tesla would stop accepting the cryptocurrency as payment for its cars.
Briefing

Facebook’s Cryptocurrency Project Pivots Again to the U.S.

May 12, 2021 · 3:51pm PDT
It’s the latest in a long series of twists and turns the embattled project has taken since Facebook first announced it in 2019.
Briefing

Apple Staffer Departs After Employees Object to Past Comments

May 12, 2021 · 3:31pm PDT
More than 2,000 Apple employees signed a letter objecting to comments he made about women and people of color in a 2016 book.
Briefing

VMware Taps 18-Year Veteran as CEO

May 12, 2021 · 3:28pm PDT
VMware's new CEO has a background in engineering and product development, making him similar to its previous three leaders.
Briefing

Poshmark and ThredUp See Revenue Gains in Q1

May 12, 2021 · 3:22pm PDT
Both companies sell used goods to people but Poshmark operates more as a platform for people to buy and sell directly to each other. Its revenue is growing faster than Thredup's.
Briefing

Senior Waymo Executives Depart

May 12, 2021 · 3:22pm PDT
Senior departures at Waymo signal a long road to commercializing its prototypes.
Briefing

SoftBank Reports Yearly Profit of $47 Billion

May 12, 2021 · 1:55pm PDT
The earnings are a dramatic reversal from the previous year’s loss. But the growth could be difficult to sustain given the recent slide in tech stocks.
Briefing

Court Overturns Amazon’s $300 Million European Tax Bill

May 12, 2021 · 2:57am PDT
The ruling reverses a 2017 decision from the European Commission to charge Amazon with hundreds of millions in unpaid taxes.
Briefing

Chinese Social Network Soul Files for Nasdaq IPO

May 12, 2021 · 12:16am PDT
The company is seeking to raise $100 million in the listing, according to reports.
Briefing

Xiaomi Removed From U.S. Blacklist

May 11, 2021 · 11:45pm PDT
The Chinese smartphone maker was taken off the blacklist after it sued the U.S. government.
Briefing

U.S. Lawmaker Presses Apple Over Suppliers’ Use of Forced Muslim Labor

May 11, 2021 · 11:14pm PDT
The letter comes after The Information reported this week that seven suppliers were involved in alleged forced labor programs involving workers from Xinjiang.
Briefing

Mortgage Startup Better Announces SPAC Merger, SoftBank Investment

May 11, 2021 · 3:11pm PDT
Better, which mostly sells mortgages and other home equity products, has benefitted from a booming home-buying market.
Briefing

Facebook Ordered To Stop Processing WhatsApp Data In Germany

May 11, 2021 · 2:51pm PDT
A regulator in Germany has ordered Facebook to stop processing WhatsApp data in the country for use with its main social media platform.
Briefing

Cloud Startup CircleCI Raises $100 Million at $1.7 Billion Valuation

May 11, 2021 · 2:37pm PDT
The round illustrates investors' growing interest in tools that help teams of developers manage code changes for cloud apps.
Briefing

Motion to Dismiss Ruling Expected in June for FTC, State AG Antitrust Cases Against Facebook, Judge Says

May 11, 2021 · 10:01am PDT
US District Judge James Boasberg says Facebook raises ‘serious challenges’ to the lawsuits.