IBM Taps ex-Bank of America CTO as Cloud Chief
IBM's new head of cloud has talked often about the cost advantages of data center-based clouds versus public cloud providers.
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Airbnb Raises $1 Billion in Debt, Equity From Silver Lake, Sixth Street
The deal gives the travel giant, which has been whacked by coronavirus, financial cushion as it tries to recover.
NYC Schools Ban Zoom in Favor of Microsoft’s Teams
The school district is recommending Microsoft Teams over Zoom Video, amid concerns over Zoom's security
Zoom Faces D.C. Scrutiny Over Privacy Concerns
Zoom's sudden popularity is attracting the attention of lawmakers who are concerned about users privacy.
Quibi Goes Live, but Will People Notice?
The app's biggest challenge is to break through during a period where people are stuck at home and aren't consuming content on the go
Masayoshi Son’s Defense: ‘Don’t Think About the Past’
SoftBank’s CEO said in an interview a month ago that he thought about 15 of the 88 companies SoftBank backed in the Vision Fund would go bankrupt.
Peloton Pausing Live Class Recording Amid Pandemic
The live-cycling startup, which has seen a boost in sales amid the Covid-19 pandemic, will stop recording new content in its New York City studios.
Apple, Tesla Working on Face Shields, Ventilators
These moves are a chance for big tech firms to transform their standing in the industry and make them less threatening to regulators.
Federal Guidance Appears to Still Exclude Startups From Loans
Guidance issued by the Small Business Administration late Friday offered some clarity but no final answers on whether startups qualify for stimulus loans.
Layoffs Hit Minted, a Benchmark-Backed Online Stationery Marketplace
Minted, an online greeting card business backed by Benchmark Capital, has laid 147 employees due to a coronavirus-related slowdown.
Pressure Ramps Up on Global Essential Worker Rules
Groups representing technology companies are increasing pressure on foreign governments to classify essential tech workers the way the U.S. does.
Bustle Lays Off Staff and Shuts Down The Outline
Bustle is likely to be one of many digital media outlets that have to cut staff amid the coronavirus crisis
Disney Announces New Theatrical Release Dates
The earliest release date is Mulan, which will now come out at the end of July
Amazon Is Planning to Postpone its Annual Prime Day Sales Event
The postponement shows that merchants on Amazon's platform may feel the ripple effects of the pandemic for months.
Zoom CEO Mulls Open Source Code, Stripping Trackers From Platform
The potential changes come as the high-flying videoconferencing company has been criticized for security holes
Google to Use Location Data to Fight Virus
The company will tap its vast stores of user data to produce anonymized reports showing to what degree communities are practicing social distancing.
Airbnb Cuts Internal Valuation 16% to $26 Billion
The valuation cut reflects the decline in Airbnb's business caused by the pandemic.
Apple Extends Store, Office Closures Through Early May
The prolonged closures are a challenge because of Apple’s secretive culture, hardware focus and dependence on Chinese manufacturing.
Disney to Furlough Employees
The decision affects employees whose jobs are “not necessary at this time.”
Carmakers Show Big Sales Decline; Tesla Surprises
Like many other consumer products, car sales saw colossal declines in March.
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