Chinese Self-Driving Startup Pony.ai Now Valued At Over $3 Billion
Pony.ai's latest funding round, led by Toyota, makes it the most highly valued autonomous driving startup in China.
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Apple Asks Developers To Prove They Have Game Licenses in China
The new request suggests Apple is closing a loophole that allowed game developers to release games that weren't approved in China.
Uber Eats Chief to Depart
The leader of a big money-burning business is leaving as the U.S. food delivery industry heads toward consolidation.
Salesforce Co-CEO Block Steps Down
Former Oracle veteran transformed Salesforce's sales culture and was seen as a top candidate to replace Marc Benioff if he were to leave.
Disney Names Parks Chief Bob Chapek as New CEO
The surprise announcement raises questions about the future of Disney's streaming chief Kevin Mayer, who had been seen as a top contender for the CEO job.
Disney Names Hulu’s CMO Its New President
The move finalizes Hulu's total absorption into Disney's streaming division.
Comcast Buys Xumo
The deal follows in a line of acquisitions of free ad-supported streaming services by big media companies
Instacart Workers are Employees, Says California Court
Ruling is a blow for tech companies who want workers as independent contractors
Investor Group Buys Univision
Former Viacom CFO Wade Davis to take over as CEO of Spanish broadcaster.
Expedia Lays Off 12% of Staff
The writing was on the wall. Chairman Barry Diller had recently joked that employees were “all life and no work" and said the company had "lost clarity."
Amazon Opens Cashierless Grocery Store, Plans to License Tech to Other Retailers
The cashierless grocery store in Seattle is Amazon's largest 'Go' store yet.
Market Sell-Off Continues, Zoom Rises Further
Zoom Video stock reaches its highest point ever, a sign that investors believe the videoconferencing service will benefit from the virus' impact on the workforce
TikTok, Apple Decline to Testify Before Congress
Apple and TikTok are both declining to testify before Congress at a hearing on big tech and China next week. Meanwhile, TikTok is staffing up in Washington.
Shares of Chinese Electric Car Maker Nio Soar After Funding Deal
Car sales in China, once the hottest market in the world, have already been slowing before the coronavirus stopped them cold last month.
China’s Didi Chuxing to Launch Food Delivery Business in Japan
In Japan, Didi will be competing with Uber Eats and other Japanese food delivery services.
Grab Raises $850 Million From Two Japanese Investors
The latest fundraising comes as Grab and its biggest rival Gojek are discussing the possibility of a merger.
Snap Buys What’s Left of AR Startup Daqri
Daqri's demise is another example of AR startups struggling to build businesses, as tech giants circle the category looking for the next major tech platform.
WeWork Executive Had Romantic Relationship With Subordinate
The latest WeWork executive exit comes amid new reporting on the prevalence of interoffice romance.
Feds Turn Up PR Battle Versus Tesla Over ‘Autopilot’ Features
Can a powerless agency shame Elon Musk into changing how a Tesla Autopilot feature works? Probably not.
Juul Says Will Halt Sales in Indonesia
E-cigarette-maker Juul is facing pressure worldwide over questions about the safety of such products and their use by younger smokers.
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