Morgan Stanley to Buy E*Trade
The investment bank acquired the online broker for $13 billion in another sign of how technology is reshaping the traditional banks.
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Apple May Allow Outside Mail and Browser Apps to Be Default on iPhones
The move would increase the usefulness of apps like Gmail on iPhones. It comes as Apple faces antitrust investigations.
SoftBank Shares Rise on Plans to Borrow $4.5 Billion
SoftBank's latest fundraising comes as U.S. activist shareholder Elliott Management is demanding share buybacks and other changes.
Facebook Concerned After Being Forced to Block Page in Singapore
Singapore's order to block a page operated by a blog critical of its government could set a precedent for censorship in the country.
DOJ Sides With Oracle in Supreme Court Battle With Google
The high-profile copyright infringement case is being closely watched by the software industry.
Earnin Starts Cash Advance Partnerships With Employers
New partnerships come amid multi-state investigation
Lambda Announces Funding Plan as Executives Depart
The online coding boot camp, which has faced scrutiny over its curriculum, lost two top executives while also announcing a new funding plan.
Supermarket Chains Switch to Data Analytics to Decide Shelf Selection
Grocers are investing in data analytics so they can decide how to position merchandise on store shelves, rather than relying on big brands to make those decisions.
Groupon Stock Drops 43% as Firm Exits Goods Business
Groupon acknowledged it was not positioned to grow in what it called the "saturated retail market."
China Kicks Out Three Wall Street Journal Reporters
The sudden expulsion is one of the harshest punishments in recent memory of foreign media working in China and underscores how U.S.-China relations remain fraught.
Founders Fund Raises $3 Billion
Founders Fund raises two new funds, including its first growth fund.
Barr Sends Warning to Tech at Section 230 Event
Attorney General Bill Barr said the days may be numbered for the technology industry's prized liability law, at least in its current form.
EU Promises More Scrutiny of Digital Gatekeepers, AI and Data
The EU proposals would increase regulation of the largest digital platforms while providing public sector investment in regional companies.
Bloomberg to Sell Bloomberg LP If He Wins
Only a few tech firms would be able to comfortably afford the price for Bloomberg, which would likely fetch in the high tens of billions.
Why OpenAI Is a Tricky Balancing Act
Founded as a non-profit, OpenAI is now pursuing short-term commercial goals to fund its longer-term research projects.
Alphabet’s Wind Energy Kite Company Is Shutting Down
The news marks the third Alphabet company not named Google to go away in the past year.
Blue Apron Considers Its Options, Including Possible Sale
Life as a public company has been tough for the meal-kit maker, whose business has been in decline since 2018.
Lending Club Acquiring Small Bank
The deal faces regulatory scrutiny which could take as long as 15 months
Federal Court Strikes Down Huawei’s Challenge to U.S. Ban
Huawei suffers a set back in its efforts to push back on business restrictions in the U.S.
Regulate Facebook Between a Newspaper and Telecom, Says Zuckerberg
Facebook's CEO is calling for a "a third regulatory system" that's a mix of how news publishers and telecoms are regulated.
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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