Disney Lays Off 28,000 From Theme Parks
The majority of these were part-time workers and it reflects a theme park business that has failed to reopen as quickly as expected
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Facebook Taps Growth Exec as New CMO
“I believe deeply in the good Facebook’s products do,” Facebook's new CMO wrote.
TikTok Launches U.S. Election Info Hub
The new feature is a sharp reversal for a platform that has long tried to distance itself from political content.
Amazon Workers at Robotic Warehouses More Prone to Serious Injuries
A cache of internal company documents from more than 150 Amazon warehouses reveal a “mounting injury crisis” among workers employed by the e-commerce giant.
GGV Capital Aims to Raise $2 Billion for Funds Targeting China, U.S. and Southeast Asia
Despite the U.S.-China trade war, some U.S. institutional investors are considering money into the U.S.- and China-based fund.
Tesla Seeks To Buy Stake in South Korean Battery Supplier LG Chem
Tesla is looking at taking up to a 10% stake in the new spinoff LG Energy Solution as it seeks to lock in battery supplies.
Major Outage Takes Down Microsoft Outlook, Teams, Azure
Lasting three hours so far, this is the biggest cloud-related issue Microsoft has faced since traffic to its services surged the early days of the pandemic.
Disney Sells Off Adtech Firm TrueX
It sold the firm to another ad tech outfit Gimbal which focuses on location-based advertising services.
Google to Enforce Google Play Fees, Make Rival Stores Easier to Find
The changes come as Google and Apple defends against a lawsuit from Fortnite-creator Epic Games over their app store policies.
Major Hospital Chain Hit With ‘Ransomware’ Cyberattack
Several hospitals' computing systems began shutting down over the weekend, in what looks like a commercially-motivated attack.
Shoe Startup Allbirds Raises $100 Million
The sustainable shoe company raised the money from mutual fund Franklin Templeton.
Judge Rules TikTok Likely to Succeed in Appeal of Trump Ban
Judge rules that Trump likely exceeded his authority when he issued a ban on TikTok.
Google Rivals Losing Ground in EU Despite Efforts to Boost Competition
The EU's effort to give consumers more options when it comes to mobile search engines is falling short.
FedEx Pilots Self-Flying Planes for Delivery in Remote Areas
Competition is heating up in the autonomous delivery space.
Postmates Got Offers From Two SPACs Before Uber Jumped In
The filing reveals how different classes of shareholders will fare from the buyout and gives Postmates management's projections for its revenue growth over the next couple of years.
Uber Wins Appeal Over London Operations
The decision is a victory for CEO Dara Khosrowshahi, as London was at one point Uber's most lucrative city.
Chip Maker Kioxia Postpones $3.2 Billion IPO Amid U.S.-China Tensions
The Tokyo listing by Kioxia, partially owned by Japan's Toshiba, could have been Japan's biggest IPO this year.
Shares in Chinese Chip Maker SMIC Drop on U.S. Sanctions
The export restrictions on a Chinese tech giant could further escalate the tensions between Washington and Beijing.
Judge Blocks White House Move to Ban TikTok Downloads
TikTok said its parent ByteDance is continuing to talk with the U.S. government about its proposed deal with Oracle and Walmart.
CEO of Startup That Violated Airbnb Rules Steps Down After Investigation
The departure comes five weeks after an investigation by The Information, which revealed Domio’s practices of renting homes on Airbnb that flouted some cities’ rules.
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