Floodgate’s Inaugural ‘Anchor List’ Recognizes Tech’s Greatest Operators
These are the best operators in tech, according to one VC firm
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Google Reports Worst Quarter as a Public Company
CFO Porat said the company had seen “modest improvements” in July, but said it wasn’t out of the woods quite yet.
Google’s $2.1 Billion Bid for Fitbit to Face EU Antitrust Investigation
The deal would make Google a smart-watch and fitness-tracking competitor to Apple and Samsung.
Facebook Ad Boycott Heading to Europe, Says Organizer
An organizer of the Facebook ads boycott said the campaign will apply “additional pressures” on non-advertiser partners of Facebook in the coming weeks.
Pandemic Is ‘Permanent Catalyst’ for Online Food Orders, Grubhub Says
Anticipation is building for the IPO of rival DoorDash.
NBCUniversal Plans Reorganization
The company plans to announce a reorganization soon as it shifts its focus to its streaming service.
Payments Battle in China Escalates as Meituan Downgrades Alibaba’s Alipay
The move comes as Alibaba's Ant Group, which runs the digital payments platform Alipay, prepares for an IPO.
Huawei Overtakes Samsung in Smartphone Shipments Thanks to China Growth
The Chinese market's resilience is working in favor of Huawei, while the pandemic has affected Samsung's key markets such as the U.S. and Europe.
U.S. Treasury to Submit Recommendation on TikTok to Trump This Week
A government committee led by the Treasury Department assessing if TikTok poses a threat to U.S. national security will present its findings to the president.
Zillow Says Most Employees Never Have to Come Back to Office
The 5,400-person, Seattle-based company is one of the largest to embrace remote work indefinitely.
Arizona Said to Lead Multi-State Probe Over Older iPhones’ Batteries
The state investigation seeks to determine whether Apple deceived consumers with software that slowed older iPhones to compensate for battery problems.
Online Lending Platform On Deck Sells to Enova for $90 Million
Shares of On Deck have plummeted as borrowers struggle to repay loans during Covid-19.
Prosecutors Seek 27-Month Prison Term for Ex-Google Engineer Levandowski
The former Uber executive will be sentenced next week.
Cambrian to Use $4.2 Million Funding for Model That Protects Against Crypto Swings
The seed round will help the hedge fund operate more like a tech company.
Spotify Reports 21% Drop in Ad Revenue
The music streaming service is getting traction with its podcasting efforts, but the question is will advertisers follow listeners.
Google in Talks to Expand Services on Samsung Devices, Report Says
The talks could lead to Google having more control of search functionality on Samsung devices.
TikTok Blasts Facebook’s Reels as Copycat Offering
TikTok submits a letter to the House Antitrust Subcommittee saying it's misunderstood and calls Facebook's new Reels offering a copycat product.
Japan’s Lawmakers Call for Restrictions on TikTok and Other Chinese Apps
If Japan takes any action to limit the use of TikTok, that would be another blow to the app's Chinese parent company ByteDance.
Chinese Hackers Spied on Vatican Ahead of Sensitive Negotiations
This appears to be the first time Chinese hackers, apparently affiliated with the state, have been publicly caught trying to break into Vatican computers.
Apple, Google CEOs Defend Their Roles as Digital Gatekeepers
Apple CEO Tim Cook and Google CEO Sundar Pichai pointed to lists of companies they compete with as U.S. legislators examine their market power.
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