House Reschedules Antitrust Hearing With Big Tech CEOs for July 29
A House panel rescheduled a high-profile tech antitrust hearing for July 29, creating hectic schedules for CEOs whose companies are reporting earnings this week.
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House Big Tech CEO Hearing Recheduled
The long-awaited House antitrust hearing featuring the CEOs of Amazon, Facebook, Google and Apple has been rescheduled for noon ET on Wednesday.
Apple to Bar Usage of Competing ‘Find My’ Apps, Report Says
The restriction is unusual since consumers can typically use multiple competing apps from a single hardware device.
China Orders U.S. Consulate in Chengdu Closed in Tit-for-Tat Retaliation
The move comes after the U.S. ordered China to shut down its consulate in Houston, as relations between the countries reach the lowest point in decades.
House Hearing With Tech CEOs May Be Delayed
A widely anticipated House antitrust hearing feature the CEOs of Amazon, Google, Facebook and Apple is likely to be postponed from Monday.
Intel Delays New Chips, Shares Drop 10%
Sales of chips for PCs and servers increased, while Intel's autonomous vehicle and internet-connected devices units struggled.
The Athletic Runs Promotion With T-Mobile
The deal is part of a bigger push by the digital sports subscription news site to sign cross-marketing deals.
Amazon Talked Investments With Companies Then Competed With Them
Tech startups that have discussed taking investments from Amazon were upset when the internet giant ended up competing with them.
TikTok Launches $200 Million Creators Fund
Even as it faces the threat of a U.S. ban, TikTok is trying to encourage its most popular users to make careers out of posting content on the app.
Google Shopping Waives Commission Fees for Retailers
The decision follows a series updates to Google Shopping since former PayPal COO Bill Ready took over the division in January.
Twitter Hints at Subscriptions, Commerce as Ad Revenue Falls Sharply
CEO Jack Dorsey said Twitter has “taken additional steps” to improve the “resiliency” of its systems after a hack exposed the data of celebrity accounts.
Walmart Sells India Stores to Flipkart Subsidiary
The deal will strengthen Flipkart's competitive position amid growing competition from Amazon.
AT&T CEO Chastises Amazon as HBO Max Hits 3 Million Subs
AT&T's new HBO Max streaming service has 3 million retail subscribers but faces challenges to grow without Amazon and Roku deals.
Tencent-Backed Online Grocery App MissFresh Raises $495 Million
Investors are pouring more money into online grocery apps and other e-commerce services that are in strong demand amid the coronavirus pandemic.
China Launches Unmanned Mission to Mars
If the mission is successful, China will join Russia and the U.S. as the only nations to land a vehicle on Mars.
Nvidia Eyeing Possible Acquisition of Chip Designer Arm
Such a deal would likely face intense regulatory scrutiny since Arm sells its chip software to many other companies, including Nvidia rivals.
Microsoft Sales Jump 13% But Azure Growth Slows
Azure revenue, which grew 72% last year and 59% last quarter, slowed to 47% this quarter.
Tesla Reports Fourth Consecutive Quarterly Profit
Possible inclusion in the S&P stock index could push the stock even higher.
Republicans Want Twitter CEO Dorsey Added to Antitrust Hearing
House Republicans, at the last minute, have asked that Twitter CEO Jack Dorsey be included in next week's congressional antitrust hearing.
Senate Committee Votes to Ban TiKTok on Government Devices
The pressure continues to mount on TikTok to resolve U.S. concerns about its Chinese ownership.
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