China Bolsters Antitrust Rules Against Online Payment Firms
The directive comes as China ramps up antitrust efforts against Tencent and Ant Group, which have been allowed to grow relatively unchecked for the past decade.
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Recent Editions
Chinese Embassy’s Twitter Account Blocked After Post Defending Uighur Policy
Twitter blocked the official account of the Chinese embassy in the U.S. after posting that the women of the Muslim minority were not “baby-making machines.”
Amazon Offers to Help Biden Distribute Vaccines
In a letter to President Joseph Biden, Amazon offered to aid the new administration in its efforts to vaccinate 100 million Americans.
Europe Asks Biden for Help Reining In Big Tech
The European Commission hopes President Biden will be more of an ally in dealing with big tech.
Trump Pardons Ex-Google Engineer Levandowski
Anthony Levandowski had been sentenced to serve 18 months in prison after pleading guilty to stealing proprietary Google documents before launching a rival startup in 2016.
Jack Ma Makes First Public Appearance in Months
The Alibaba founder's silence, since his October speech that infuriated China's regulators, had triggered media speculation about his whereabouts and safety.
FTC Cracks Open Door to AI Regulation
The FTC's decision to force a company to delete a facial recognition algorithm could be a landmark case as regulators increase their focus on AI.
Netflix Says Doesn’t It Have to Borrow Money Anymore
The video streaming service passed 200 million subscribers in the fourth quarter, adding more than it expected to.
Electric Truck Maker Rivian Raises $2.65 Billion Round
The electric truck maker Rivian said it has raised $2.65 billion in a new round led by T. Rowe Price Associates.
Lumentum to Acquire Coherent in $5.7 Billion Cash-and-Stock Deal
The merger is the latest in a string of consolidations among companies in the semiconductor sector and related areas.
Microsoft Joins Cruise’s $2 Billion Funding Round
The latest funding round, also including Honda, valued Cruise at $30 billion.
ViacomCBS Launches Paramount+ March 4
The company will launch its service in the U.S., Latin America, the Nordics and later this year in Australia.
Parler Partially Returns Online With Help From Russian-Owned Firm
Parler is trying to come back online after Amazon Web Services stopped hosting the controversial site popular with Trump supporters.
U.S. Asks Australia to Scrap Law to Make Google, Facebook Pay for News
The law, which was announced last month, would make Australia the first country in the world to force the two platforms to pay for this type of content.
Indian Chat App Hike Shuts Down After Failing to Challenge WhatsApp
Hike's decision to give up on messaging is the latest indication of how dominant Facebook's WhatsApp has become in India.
Facebook to Integrate Reliance’s JioMart Into Whatsapp in India
The move could be a game changer for Reliance and Facebook, which are competing against Walmart and Amazon for the attention of online shoppers in India.
Samsung Heir Sent Back to Prison in Bribery Case
Shares in the Korean electronics conglomerate dropped on news of Jay Lee's 30-month sentence.
Southeast Asia’s Grab Considers U.S. IPO This Year
A Grab IPO could be significant for its investors SoftBank, Didi Chuxing and Uber.
SoftBank Vision Fund’s Jeffrey Housenbold to Depart
Housenbold was responsible for the fund's investments in Wag, DoorDash and Opendoor.
Facebook Blocks New Events in D.C. Ahead of Inauguration
Facebook said the move was intended to prevent “attempts to use our services for violence.”
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