Activist Investor Moves to Replace Twitter CEO Dorsey
Twitter shares rose more than 7% in after-hours trading Friday on the news of Elliott’s interest.
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The Information AM
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Recent Editions
Tech Stocks Rise Amid Coronavirus Sell-Off
Analysts Bullish on Tech Companies Amid Global Slowdown Fears
A Google Employee Tests Positive for Coronavirus
The infection of a Google employee while in Switzerland reflects the growing risk as the virus spreads beyond China into Europe and Africa.
Bitcoin’s Not a Safe Haven
Global markets continued to slide as investors rushed to safe havens including U.S. government bonds and the yen—but dumped gold and bitcoin.
Sanders Would Tax Options at Vesting
Sanders' proposal would make stock options much less attractive to company employees, disrupting how both startups and more established companies pay people in the tech industry.
Eric Schmidt Warns Silicon Valley Could Lose to China
The U.S. will lose to China if the federal government doesn't step in, former Google CEO Eric Schmidt writes in an op-ed.
Baidu Predicts Revenue Decline Due to Coronavirus
The search giant's revenue will take a hit from the coronavirus, which has contributed to a slowdown in the Chinese economy and online advertising.
AWS Software Exec Adam Bosworth Departs
Former Microsoft veteran joined in 2016 and was leading a top-secret project to build a low-code" application development service.
Nutanix Cuts Forecast Over Coronavirus, Subscription Shift
Data center software provider facing server supply chain uncertainty as well as the revenue reporting shift that comes with selling software via subscription.
Stock Market Plunges Again
All major tech stocks were down again, except Zoom Video, which rose 6% on expectations it will benefit as people travel less and work from home more.
Walmart Expands Its Amazon Prime Competitor
The retailer plans to call it Walmart+, according to a report.
FCC Seeking Hundreds of Millions in Wireless Firm Fines Over Location Data
The FCC is set to fine wireless companies over broken promises to stop sharing users' location data.
YouTube TV to Drop Sinclair’s Sports Networks
The move shows that the streaming TV services which carry cable channels at discount prices are struggling with the cost issues that have long plagued traditional cable.
Facebook Cancels Developer Conference Due to Coronavirus
Facebook said the decision was a “tough call to make,” but that the company needed “to prioritize the health and safety of our developer partners, employees.”
Reddit CEO Blasts TikTok as ‘Parasitic’ Spyware
Huffman’s comments are the sharpest public criticism yet of TikTok by an American tech CEO.
Discovery Taps Hulu Content Acquisition Exec for Streaming Services
Lisa Holme will oversee Discovery's content strategy for its streaming services.
Justice Department Warns Google on Slow Response to Antitrust Probe
The Department of Justice says Google needs to speed up its response to requests for evidence in its antitrust probe into the company's business practices.
DoorDash Files For IPO
The food delivery startup is betting that current market volatility will have settled by the time it lists shares.
New York City May Cap Delivery Fees at 10%
The proposed legislation would require Grubhub and Uber Eats to obtain a license to operate.
Facebook to Ban Misleading Coronavirus Ads
The coronavirus outbreak shows that Facebook is reviewing and taking action against other forms of content amid regulatory scrutiny.
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