SoftBank’s Stock Tumbles 17% as Market Crash Highlights Risks
Investors are worried that SoftBank, which operates the $100 billion Vision Fund, is particularly vulnerable to the stock market crash.
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Trade Groups Want Food Delivery and Ride Hailing Exempted From Shelter-in-Place
As the nation prepares for broader shelter-in-place orders, the tech industry argues that their workers provide critical services.
NYSE Closing Trading Floor After COVID Diagnosis
The New York Stock Exchange floor will close, but trading will continue electronically
Atlassian Offering Free Version of Project Management Software
The move reflects the shift to remote work that is happening as more people work from home during the coronavirus pandemic.
Facebook to Show Coronavirus Info Hub to Users
The info hub will initially be available in countries that have been most affected by the coronavirus pandemic to date, including Italy, Spain, and the U.S.
Small Travel Businesses Call On Facebook, Google for Ad Refunds
Companies hit by the travel downturn are hoping Facebook and Google will reimburse them ads they no longer need.
Google Delays Chrome Update Due to ‘Adjusted Work Schedules’
Postponing the release of Chrome v81, which was originally set for Tuesday, is likely one of many projects to be delayed amid the coronavirus outbreak.
Disney Seeks Buyer for Ad Tech Firm TrueX
The firm was part of Fox and came along with the assets Disney acquired in its $71 billion acquisition
Coronavirus Hurts Tencent’s Mobile Payment Revenue
As consumers stayed away from stores and restaurants, the outbreak has had a substantial negative impact WeChat Pay's transactions.
Stocks Slump Again, but Impact on Tech Varies Widely
As the overall market fell 8%, Amazon shares only inched down fractionally while Uber and Lyft plunged.
TikTok Announces Content Advisory Council
TikTok's advisory council will advise the popular video-sharing app on content moderation policies.
Apple Announces iPad Pro With 3D Scanning, Trackpad Keyboard
The iPad Pro’s new 3D sensor is a precursor to Apple’s future ambitions to make an augmented-reality headset.
China Helps Tesla Combat Covid-19 in Shanghai Amid Rising Tension With U.S.
The special treatment for Elon Musk's factory in China is a stark contrast to the deteriorating relations between China and the U.S.
Facebook Says Spam Filter Accidentally Started Blocking Coronavirus-Related News
Users quickly noticed that their posts about Covid-19 were getting blocked, raising again questions of the platform's power to shape what people know.
Tesla, After Resisting California Virus Shutdown Order, Appears Ready to Comply
Health officials think containing the spread of a pandemic is more important than Elon Musk's ability to make cars.
Senators Urge FTC to Take Action Against Google Over Coronavirus-Related Ads
U.S. senators say Google is violating its own policies by running ads for products that exploit fears over coronavirus.
U.S. Government, Tech Discussing Using Location Data to Track Coronavirus
The U.S. government is in talks with the technology industry about ways to use smartphone location data to combat the coronavirus.
SoftBank Might Walk Away From Part of WeWork Bailout
In a note to WeWork shareholders, SoftBank said regulatory probes into the startup give it the right to cancel a planned purchase of $3 billion in WeWork shares.
Fox Buys Ad-Supported Streaming Service for $440 Million
Fox is the latest company to turn to ad-supported video as an alternative to all the subscription-based offerings coming to market.
Uber, Lyft Suspend Shared Rides; Waymo, Cruise ‘Robo-Taxis’ Shut Down
Waymo is still making some contractors work from its Phoenix office.
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.
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