5G Airwave Auction Tops $69 Billion, Blowing Past Early Estimates
The FCC’s spectrum auction shows that wireless companies are willing to bet their futures on the success of 5G.
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Telegram Outlines Revenue Plans, Nears 500 Million Active Users
Founder Durov says the company has grown too big to bootstrap, and he does not want to sell it.
China’s Regulators Scrutinize Popular E-Commerce Business Model
Any major restrictions on a business model used by China’s online grocery services could have a big impact on the fast-growing sector.
Amazon Allegedly Copied Wayfair, West Elm Products
A report from the Wall Street Journal provides a fascinating window into how Amazon identifies potential competitors and allegedly clones their products.
SEC Charges Ripple, Two Executives for Failing to Register Cryptocurrency
The SEC's decision to charge Ripple and two of its executives opens a new front in the ongoing battle over regulation of cryptocurrencies.
Tesla CEO Musk Says Apple CEO Refused to Discuss $60 Billion Acquisition
There is nothing like competition to bring out Elon Musk’s best shade on Twitter.
SEC Allows Companies to Raise Money Through Direct Listings, Avoiding IPO Fees
The proposal had been on hold as institutional investors expressed concerns about investor safeguards.
Amazon Germany Facility Sees Mass Coronavirus Outbreak
An Amazon distribution center in the German region of Hannover has been hit by a mass coronavirus outbreak.
Facebook Offered to Support Rival to Fend Off Antitrust Action
Facebook offered to help another company develop a social network by licensing its code, the report says.
IAC to Spin Off Vimeo
The video software company has seen rapid growth during the pandemic.
MGM Hires Bankers to Explore a Sale
The studio behind the James Bond franchise is asking $5.5 billion in a sale.
Google and Facebook Entered Pact to Defend Against Antitrust Action, Suit Alleges
An antitrust lawsuit alleges that Facebook and Google had a deal to cooperate with each other if they ever faced an antitrust lawsuit.
ByteDance in Talks to Invest in Chinese Mobile Game Firm CMGE
Online gaming is one of the several new businesses that ByteDance is focusing on as the owner of TikTok tries to find new sources of growth.
Google Invests in Three Indian Startups
Google announced earlier this year that it set aside $10 billion for investments in India, which has become a key battleground for other foreign tech companies.
Google Cloud Inks Data Center Deal With Saudi Aramco
CEO Thomas Kurian moves ahead with a deal that former Google Cloud chief Diane Greene helped put in place in early 2018.
Peloton to Acquire Precor in $420 Million Deal
Peloton said it will acquire the fitness equipment manufacturer Precor in a deal worth $420 million.
Apple Sets 2024 as Target for Self-Driving Car
Apple has a set a goal of 2024 to produce a self-driving vehicle and has achieved advances in battery technology that could help with that objectives.
Oscar Confidentially Files to Go Public
Joshua Kushner’s online health insurance startup is planning to go public in 2021.
SolarWinds Hack Also Reached Into Tech Firms
Intel, Cisco and Nvidia were among at least two dozen companies exposed to a massive Russia-based hack.
Trove of Leaked Documents Details How China Controlled Covid Narrative Online
The data leak shows how China marshaled an army of paid bloggers, specialized technology and the media to spin the virus.
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