Lemonade Sets IPO Price Range at Below Last Valuation
Insurance business Lemonade plans to sell 11 million shares at between $23 and $26 apiece.
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Recent Editions
Waymo Become Volvo’s ‘Exclusive’ Self-Driving Car ‘Partner’
As with most other autonomous vehicle partnership announcements, this one is might short on the details.
Tencent Buys Distressed Southeast Asia Video Streaming Service Iflix
The move is part of Tencent’s efforts to expand beyond China, where tighter government regulation has slowed domestic growth in video games.
Google Signs Deals for News Content in Germany, Brazil and Australia
Google's announcement that it has signed deals for news content in three countries may signal a breakthrough for publishers.
SoftBank’s Masayoshi Son Steps Down From Alibaba’s Board
This could be a turning point in the two-decade-long alliance between Alibaba and its biggest shareholder SoftBank.
New AWS Service Lets Non-Coders Build Apps
Amazon Web Services is entering the "no-code" application development marketing, setting the stage for a battle with Microsoft and Google.
Zoom Hires New Cybersecurity Chief From Salesforce
After a string of cybersecurity and privacy missteps, Zoom brings on an experienced executive from Salesforce to steady the ship.
Tesla Ranked Last in J.D. Power’s Quality Survey
Kia, Dodge, Chevy, and Ram ranked highest.
Apple’s Software Update Cracks Down More on Ad Tracking
New feature would ask users to allow apps to track their browsing across the web
Facebook Acknowledges ‘Trust Deficit’ as More Advertisers Boycott
“You try to make a decision and people disagree and maybe that builds that deficit even deeper," a Facebook exec said on a private call with advertisers.
Trump Campaign May Seek Social Media Workaround
The Trump campaign is concerned about Twitter's decision to fact-check President Trump's claims and Facebook's removal of a campaign ad with a Nazi symbol.
Sonos to Cut 12% of Workforce
Sonos' cost-cutting is the latest sign of how the pandemic forced companies to lay off workers.
Travel Startup Sonder Raises $170M Up Round
The company announced it raised $170 million at a $1.3 billion valuation, slightly higher than its financing last year.
Google to Auto-Delete User Data on New Accounts
The announcement follows Google’s update last year, which let users choose to delete their location and activity history after three or 18 months.
Justice Department, States Weighing Apple Antitrust Case
The Justice Department and state prosecutors have been talking to companies who say Apple’s app store rules are unfair.
Brazil Suspends WhatsApp’s Digital Payment Service
It is the latest setback for Facebook, which is trying to offer payment services through WhatsApp in key emerging markets such as Brazil and India.
Dell Reportedly Considering VMware Spinoff
With IT spending still looking uncertain for the second half, Dell is said to be mulling options for its VMware subsidiary.
Facebook Suffers Antitrust Blow in German Court
The ruling will likely influence ongoing antitrust investigations of Facebook and other tech giants in the EU and elsewhere.
DOJ and State AGs Set to Discuss Google Antitrust Case This Week
The two groups need to decide the scope of the case, as well as whether they will pursue joint or separate lawsuits against Google.
Microsoft Launches Cybersecurity Software for Android Devices
The forthcoming product lets Microsoft showcase its cybersecurity research chops while highlighting a perceived shortcoming of a competitor.
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