SoftBank to Buy Back $1.87 Billion of Corporate Bonds
The move is part of SoftBank's effort to reduce its debt after the company reported a record annual loss in the last fiscal year.
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Facebook Boycott Organizers Pledge to Go Global as More Brands Join Campaign
A growing number of companies including Levi's, Starbucks and Diageo said they would suspend advertising on Facebook despite changes to prohibit hate speech in ads.
Didi Chuxing Launches Robotaxi in Shanghai
Didi’s founder says it will take at least a decade before autonomous vehicle development passes critical tech, business and regulatory milestones.
States Want Search Included in Google Antitrust Case
As the Justice Department continues its Google antitrust probe, it is meeting with state prosecutors about the scope of the potentially landmark case.
Facebook to Label ‘Newsworthy’ Speech That Violates Its Rules
The move is a stunning reversal for Zuckerberg, who has in recent weeks criticized the idea of labeling controversial speech by public figures.
Alphabet Reportedly Close to Buying AR Glass Company North
The deal could help reinvigorate Alphabet’s efforts to release augmented reality hardware for consumers
Salesforce Invests in Cybersecurity Firm Tanium
The move puts Salesforce into more direct competition with SaaS provider ServiceNow, while also improving its cybersecurity portfolio.
Unilever Halts U.S. Ad Spend on Facebook, Twitter
By joining the boycott, Unilever could pressure other large advertisers like Procter & Gamble to follow.
Largest Black-Led VC Fund Base10 Partners Raises Another $250M
The automation-focused venture firm previously raised $137 million in 2018.
Microsoft Closes Stores Permanently
The software giant had operated the stores for 11 years, expanding into London only last summer.
Amazon Confirms Zoox Purchase
The deal brings the ecommerce giant into the costly world of developing self-driving cars.
Alibaba-Owned E-Commerce Firm Lazada Replaces CEO Again
The third CEO change in less than three years at Southeast Asia's Lazada shows how Alibaba is still figuring out how best to manage the key overseas business.
Japan Tries to Challenge Huawei
Amid the U.S. push to contain Chinese-owned Huawei's global expansion, Japan sees an opportunity to build a national champion in telecoms hardware.
Cisco’s Chief Strategy Officer Departs
Anuj Kapur, a 15-year Cisco veteran who led its strategic partnerships with Apple, Google, and Amazon, is leaving the company.
Verizon Joins Boycott of Facebook Ads
Facebook says it doesn’t intend to more aggressively police speech, so how it responds to mounting advertiser pressure will be interesting to watch.
Disney Drops Kids Channels in U.K.
The shows on those channels are being moved to Disney+ in those countries
‘Uber Money’ Chief Departs As Ailing Ride-Hailing Company Shifts Resources
Development of financial services products at Uber is being de-prioritized.
Omidyar Network: Google Should Give Better Placement to Rivals’ Results
Google should be required to give prominent display to results from specialized search engines such as Yelp and Angie's List, says new Omidyar Network report.
Lemonade Sets IPO Price Range at Below Last Valuation
Insurance business Lemonade plans to sell 11 million shares at between $23 and $26 apiece.
Weekday mornings
The Information AM by The Information Staff
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