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."
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Recent Editions
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.
HP Unveils Cost-Cutting Plan to Help Fight Xerox
HP's cost-cutting plan follows Xerox's recent announcement that it would start a tender offer for HP stock next month.
Uber’s Old Rivals in Southeast Asia Hold Merger Talks
A deal would be the latest step in a consolidation of the broader food-delivery and ride-hailing markets, but the two sides are far from an agreement on terms.
Inside the Demise of HQ Trivia
An inside look explains how executive turmoil and lack of innovation doomed the once-popular app
Coronavirus Fears Slam Tech Stocks
Several major tech stocks dropped more than 4% amid a sell-off caused by worries about the spreading virus.
SoftBank’s Vision Fund 2 Starts Making Investments
SoftBank's second Vision Fund is starting to put money to work with this investment in Behavox, a company that makes software to monitor employee compliance.
Samsung Could Be Next to Face Production Issues Due to Coronavirus
Samsung, which buys components from China and operates in South Korea, could be the next big smartphone brand to face production delays due to the coronavirus.
Intuit Nearing Deal to Buy Credit Karma for $7 Billion
The deal comes two years after Credit Karma raised $500 million from Silver Lake at a $4 billion valuation.
Intuit Nearing Deal to Buy Credit Karma for $7 Billion
The deal comes two years after Silver Lake invested $500 million into Credit Karma at a $4 billion valuation
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