Casper Shares Rise 13% in First Day of Trading
Casper's upbeat opening follows a big revision down in the size of the IPO. How the stock trades in coming days will be key.
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Twitter Reports Lower Profit as Costs Rise
Twitter is expanding headcount in engineering, product and research as it tries to improve the service and reduce disinformation.
EU Ramps Up Scrutiny of Facebook’s Data Practices
EU regulators are requesting Facebook internal documents to investigate whether the social media giant leveraged user data for competitive reasons.
Huawei Sues Verizon Over Alleged Patent Infringement
Huawei's lawsuit against Verizon comes amid the controversial Chinese tech giant's larger battle with the U.S. government.
Apple Supplier Foxconn Won’t Return to Full Output Until Late February
The number of Chinese workers returning to Foxconn after the Lunar New Year holiday is expected to plummet due to the coronavirus outbreak.
Chinese Regulators Suspend Antitrust Probe of Tencent Music
The suspension is good news for the Chinese music streaming service, which is the master license holder for most foreign music in China.
SEC Inquiry Into IPO Trading Expands to Banks
Expansion of the SEC inquiry puts major banks that lead many tech IPOs in the spotlight.
Startup HashiCorp Hires Sales Chief From VMware
Cloud startup that works with Amazon Web Services, Microsoft, and Google appears to be headed for an IPO amid strong sales growth.
WarnerMedia Creates Special Studio Division to Make Streaming Movies
Launch of Warner Max is a potentially revolutionary move for Hollywood, where more movies will be made to debut on streaming services rather than in a theater.
CIA May Use Cloud Providers Besides AWS
Newly filed documents suggest that the CIA is aiming to use services from multiple cloud providers in the future.
LinkedIn CEO Stepping Down, Microsoft Reorganizes Windows
The exit of Jeff Weiner, LinkedIn CEO since 2008, comes four years after Microsoft bought the business-focused social network firm.
Tinder Loses Chief Product Officer
He clashed with Tinder's CEO about the product direction of the popular dating app.
Casper Prices IPO at Low End of Range
Casper's offering is shaping up to follow the poorly performing tech IPOs of 2019, such as Uber and Lyft. Thursday's public debut of Casper shares will be closely watched.
DOJ Google Probe Homes In on Ad Tools
The Justice Department is talking to publishers and advertising agencies as part of its antitrust probe into Google.
Spotify Buys The Ringer in Latest Podcasting Purchase
Spotify's latest podcasting acquisition reflects the company's hopes to diversify its business.
U.S. Plans to Discuss New Restrictions on Huawei
The discussions come as Washington is trying to limit the Chinese tech giant's role in the next-generation telecom networks around the world.
Apple Supplier Foxconn Cuts Revenue Growth Forecast Amid Outbreak
The revised forecast comes amid the coronavirus outbreak in China, and it could be slashed further if the China requires factories to stay closed longer.
Apple News Executive Departs
The departure of the head of business isn’t surprising given earlier reports that Apple News Plus has disappointed some publishers.
Amazon Is Fourth U.S. Company Worth $1T
Amazon's climb to the $1 trillion market valuation is notable as it comes despite controversy, regulatory scrutiny and criticism from President Trump.
Snap’s Momentum Slows as It Settles IPO Lawsuit
Snap has a long way to go to get its costs under control, but its ephemeral messaging app is still growing.
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