Financial Services Company Marqeta Valued at $4.3 Billion
The $150 million round more than doubles its valuation and reflects an appetite for fintech amid the coronavirus crisis.
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Recent Editions
Co-Working Firm Tries to Go Where WeWork Couldn’t: IPO
New York-based Industrious is plotting a mid-2021 IPO and is bringing back recently furloughed employees.
Google Reportedly Considering Stake in Vodafone’s India Arm
The talks are in early stages, but if a deal goes through, it could help bolster Google’s presence in India’s burgeoning mobile market.
Microsoft in Talks to Invest $2 Billion in India’s Jio
Microsoft would join Facebook and Silver Lake as major investors in the Indian cellular carrier.
Trump Executive Order Could Limit Online Platforms’ Legal Protections
Trump plans to sign an executive order that would review online companies’ legal protections that allow platforms to host user-posted content.
Huawei Exec Loses Key Ruling in Extradition Fight
Even after losing the ruling, the extradition of Huawei executive Meng Wanzhou from Canada to the U.S. could drag on through the courts for years.
Zuckerberg Says Facebook Has Different Approach to Twitter Over Content
The comments are likely to intensify the debate of whether Facebook and other social-media firms are responsible for misinformation.
Arizona AG Sues Google Over Data Collection Practices
The lawsuit, which seeks unspecified damages, argues that Google misled users and collected location data through deceptive means.
Ex-Microsoft AI Chief Joins Startup as Chairman
Harry Shum, the former head of Microsoft Research who departed in February, has joined a mobile news startup with close ties to Yahoo.
Dorsey Defends Twitter’s Stance on Scarborough Tweets
Dorsey's comments showed his effort to thread the needle of placating both the right and the left.
Comcast to Distribute HBO Max, Amazon Holds Out
Historically Amazon was a major distribution platform for HBO's streaming service.
Amazon’s Bezos Says Scrutiny Will Help Company’s Reputation With Customers
Amazon CEO Jeff Bezos said he isn't worried about scrutiny of the company's size at its annual shareholder meeting Wednesday.
Appeals Court Rules in Favor of Tech Firms on Anti-Conservative Bias
The ruling highlights the challenges for President Trump in trying to regulate social media companies over alleged anti-conservative bias.
BEA Systems Founder Is Raising $125M for New Enterprise Startup Fund
‘I know we all hate a crisis, but I've been waiting for one for 10 years,’ says founder Alfred Chuang.
Disney World Sets Reopening Date for July
The park's reopening would provide a much needed boost to the company's shuttered theme park business, but it's unclear how many people will return.
Trump to Issue Executive Order Related to Social Media
The order would limit the protections that social media companies have against liability for content on their platforms, although the order likely wouldn't stand up to a legal challenge.
Whistleblowers Accuse Facebook of Failing to Report Illegal Drug Sales
Facebook critics take their complaint to the SEC in an effort to get around laws that exempt online platforms from user-posted content.
Reliance’s Jio Planning Overseas IPO Within Two Years
An IPO would offer a lucrative exit for Facebook and the U.S. private-equity firms that have together invested $10 billion in Jio since the start of the year.
ByteDance Profit Reached $3 Billion Last Year
The cash-rich startup doesn't need an IPO to raise money, at least for now, with $6 billion of cash on its books.
Biden Supports California ‘Gig’ Worker Law Aimed at Uber
The Democratic nominee for president signals he will not be a friend to Uber, DoorDash, and others.
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.
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