Chinese Food Delivery App Meituan Says Worst Isn’t Over
The warning by China's third-most valuable publicly traded tech company reveals that the pain from Covid-19 will be widespread and lingering.
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The Information AM
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
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Recent Editions
Startup Groups Urge Trump Administration for Rule Fix
Groups representing startups are urging the the Trump administration to include them in the emergency coronavirus relief loan program passed last week.
U.S. Podcast Listening Drops as People Stay at Home
As people aren't commuting, they are listening to podcasts less. That could mean bad news for Spotify, which has made a big bet on the sector.
Facebook Pledges $100 Million to Local News Organizations
Local news organizations are getting hit as advertisers pull back their budgets in the wake of the coronavirus pandemic.
Amazon Warehouse, Whole Foods Workers, Plan Strikes
Vulnerable workers at food delivery, ride hailing and ecommerce companies have gone on strike demanding better protections amid the Covid-19 viral pandemic.
Governments Use Location Data Drawn From Cellphones to Fight Pandemic
Governments are using data from mobile advertising industry, rather than cellphone carriers, to better understand the movements of people.
Google Pledges More Than $800 Million to Virus Relief
A major portion of the commitment will come in Google Ad grants and credits to health organizations and small-and-medium-sized businesses.
WeWork Competitor Knotel Lays Off, Furloughs Half of Staff
Most of the company's leasing deals have fallen apart already this quarter and many of its tenants are asking for breaks on rent for the coming months.
Scooter Rental Startup Bird Lays Off 30% of Workforce
Bird's layoffs follows a suspension in the scooter startup's operations in response to the Covid-19 pandemic.
Slack Working on Integration With Microsoft Teams
The companies are bitter rivals in workplace collaboration software but see common interest in building ties between their respective products.
Apple Releases Covid-19 Screening Tool
The website and app leads users through a series of questions to determine whether or not they should be tested for the virus.
Hollywood-Backed Streaming Service Hooq Files for Liquidation
The company failed to make inroads in Southeast Asian Market
Instacart Workers Plan Strike Amid Pandemic
Instacart shoppers plan to strike nationwide Monday to take a stand against the app’s response to the coronavirus pandemic.
ViacomCBS to Raise $2.5 Billion in New Debt as Slump Pressures Earnings
ViacomCBS will be under pressure to cut its dividend and sell major assets, to cut costs.
Networks Will Need to Add Capacity to Handle Extra Internet Traffic
A report says that the connections between internet networks are close to bursting with all the extra demand from homebound workers and families.
Troubled Getaround Lays Off More Staff
It's the car rental firm's second round of layoffs this year and is the latest example of how the travel industry has been hurt by the coronavirus.
Tesla Furloughs Employees Amid Coronavirus-Related Demand Slowdown
Tesla appears to be the first automaker to furlough employees amid the fallout from coronavirus shutdowns and the sudden slowdown in demand for cars.
LinkedIn Pauses Most Hiring
The 16,000-person, Microsoft-owned company received 1 million applications last year.
TV Viewing Up 18% Last Week
As more people are stuck at home, live TV viewing is on the rise, but the question is for how long.
More Board Changes at Facebook
Facebook's board looks very different than it did a year ago, with the company announcing yet another departure and a new lead director.
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