China’s Starbucks Rival Denies Fraud Allegations
Luckin Coffee's Nasdaq-listed stock plunged last week after an anonymous report published by a short seller alleged it fabricated some numbers.
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The Information AM
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Recent Editions
Task Management Software Company Asana Preps Direct Listing
Asana would be following Slack and Spotify if it opts for a direct listing, which lets companies limit banker fees and protects existing stakeholders from dilution.
Zuckerberg Gets Another Ally on Facebook’s Board
One of CEO Zuckerberg’s longtime friends, the CEO of Dropbox, is joining Facebook’s board at a time when the company is under pressure to add more diversity.
Microsoft Glitch Takes Down Teams For Three Hours
The issue stemmed from an expired authentication certificate, which is a problem that companies of all sizes sometimes encounter.
Alphabet Details YouTube, Cloud Revenue Numbers for First Time
The figures provide a detailed look at Alphabet's YouTube and cloud computing business that investors have long clamored for.
What Tesla’s $140 Billion Market Cap Means
Tesla's elevated stock price means investors expect to grow revenue and profit substantially for decades.
Amazon’s HQ2 Misfire Driven by Bezos’s Push for Outsized Incentives
The embarrassing saga led to more backlash than the company—and its CEO—expected.
FTC Sues to Block Edgewell Acquisition of Harry’s Razors
The move shows the agency is moving to prevent anti-competitive sales of smaller startups to market giants.
TikTok Hires Away Top Lobbyist From Tech Trade Group
Under fire as a possible national security threat, TikTok's move suggests it is preparing for a tough fight.
Coronavirus Triggers Questions About Work-From-Home Arrangements
As the outbreak threatens the economy, companies struggle to continue their operations while protecting employees.
WeWork Names Real Estate Veteran CEO
Sandeep Mathrani will succeed co-CEOs Sebastian Gunnignham and Artie Minson, who were internal picks when Adam Neumann was ousted.
Apple Closes All Stores and Offices in China
The closure shows how the fast-spreading coronavirus is affecting major companies, particularly in the tech industry.
Hulu to Fold Into Disney’s Streaming Division
CEO Randy Freer will depart as Disney finally brings the service entirely within the company
Roku Pulls Fox Channels Off Service
The Roku-Fox dispute has echoes of a dispute common in the cable TV industry but the outcome may be different for Roku.
How Tech Super Bowl Ads Compare
The parade of tech ads show how big tech firms are turning to traditional TV advertising to remind people of the positive things they do—perhaps to offset the heavy criticism levelled at many tech companies nowadays.
Barr Lambasts Tech, Encryption at White House Trafficking Event
At a White House event on human trafficking, Attorney General Barr decried encryption for standing in the way of law enforcement access to crime evidence.
ViacomCBS Taps NBCU Exec to Take Over CBS
The appointment of George Cheeks marks the beginning of a new chapter for ViacomCBS as former CBS head Joe Ianniello departs.
Chinese App Developers Tap Into Growing Virus Paranoia
With the number of infected soaring in recent days, Chinese are turning to any means to protect themselves, including apps.
Y Combinator’s Latest Batch Includes Nearly 250 Startups
Venture capitalists and entrepreneurs alike have questioned whether Y Combinator can maintain quality mentorship as it scales.
IBM CEO Rometty to Step Down in April
Rometty will stay on as executive chairman but plans to leave IBM at the end of the year after nearly 40 years at the company.
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