Shein Faces Data Privacy Review From Chinese Regulator
The company is facing scrutiny of its data privacy practices in both China and the U.S.
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Amazon Invests in Regional Sports Programmer Diamond
Amazon's deal with Diamond Sports Group includes a minority investment and rights to stream local NBA, NHL and MLB games on Prime Video Channels.
Uniqlo Sues Shein Over Copyright Infringement
Japanese fashion brand alleges Shein copies the design of its popular shoulder bag
Apple Shipped More Phones Than Any Company In 2023, IDC Says
Apple’s success comes as consumers buy more premium devices and because of intense competition among Android devices, which is fragmenting the market.
Supreme Court Won’t Hear Apple-Epic Case, Allowing For Outside Payment
The outcome still allows Apple to introduce measures discouraging developers from using alternative payments, ensuring it will still capture most commissions.
Disney Says Peltz Hasn’t Presented a Single Strategic Idea In Two Years
Nelson Peltz's proxy campaign to win seats on Disney's board is ramping up, prompting scathing criticism from the company about Peltz's lack of ideas.
Morgan Stanley Suffers Drop in Quarterly Profit
Morgan Stanley's new CEO Ted Pick said the bank's profit margins have been hurt by recent purchases, such as of ETrade.
Goldman Reports Big Rise in Profits
Goldman's quarter was boosted by higher contributions from its asset and wealth management units.
Elon Musk Seeks 25% Control Over Tesla
Without it, Musk would “prefer to build” products outside of Tesla, he said.
Apollo Teams Up With Venture Firm to Launch New AI Incubator
The partnership marks a significant step by the private equity giant into the AI venture industry
Google Ad Sales Unit to Cut Hundreds of Jobs
The ad sales layoffs come on top of cuts across Google last week.
JPMorgan Fined $18 Million For Whistleblower Breaches
JPMorgan to pay $18 million to settle charges it impeded hundreds of clients and brokerage customers from blowing the whistle on potential breaches of the law.
Apple Removes Blood Oxygen Monitoring From Watch to Avoid Ban
The outcome is mixed for Apple as it will likely be able to resume sales of the Apple Watch but without one of its key health features.
South Korean Firms to Invest $470 Billion On Chip Factories By 2047
The move will help South Korea become more self-sufficient in chip production while also making its firms more competitive against their foreign counterparts.
Google to Let European Users Stop Sharing Data Across its Web Services
The move comes ahead of a March 6 deadline to comply with the EU’s Digital Markets Act.
Artifact, News App from Instagram’s Co-founders, Shuts Down
The startup, which uses artificial intelligence to suggest news that people might be interested in, had launched in January 2023.
Microsoft Passes Apple to Become Most Valuable Company
Microsoft's rise reflects its edge in artificial intelligence.
OpenAI Removes Ban on Military and Warfare-Related Uses of AI
The company updated a number of its usage policies on January 10.
Shein Registers With China Regulator for IPO Approval
The need for a sign off from China’s securities regulator could delay Shein’s IPO plans.
BlackRock to buy infrastructure investor GIP for $12.5 billion
The deal would mark a major move into private markets for BlackRock
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