Mark Zuckerberg Testifies in FTC Case Over VR Deal
The FTC is seeking to block Meta’s acquisition of VR studio, Within.
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Wells Fargo to Pay $3.7 Billion to Settle With CFPB
The settlement covers problematic practices in auto lending, mortgages and consumer deposits.
FTX Seeks to Claw Back Donations Made by Company and Execs
FTX said it will seek the return of the payments, plus interest, if entities don’t voluntarily return donations.
Amazon Settles With EU Over Independent Seller Practices
Amazon has agreed to make three key changes to the way it treats merchants that use its platform and operate within the European bloc.
Congressional Panel Set to Examine U.S. Investments Into China
The new Congressional committee will be led by Republican Representative Mike Gallagher.
Taiwan Fines Apple Supplier Foxconn for Chinese Chip Investment
Foxconn as carefully toed the line between Taiwan and mainland China as it needs to stay in the good graces of both places to continue operating.
Fired Tesla Employees File Charges With National Labor Relations Board
The charges allege Tesla retaliated against employees for discussing workplace conditions
EU Claims Meta Breached Antitrust Rules with Facebook Marketplace
The European Commission announced its preliminary view Monday.
Binance.US to Acquire Voyager Digital Assets
The deal comes amid market fears about Binance after the crypto exchange said it processed more than $6 billion in withdrawals last week.
Salesforce CEO Benioff Questions Remote Work Lowering the Productivity of New Hires
He said in an internal company message that new hires weren’t productive “without an office culture.”
Twitter Users Favor Musk Stepping Down as CEO
Nearly 58% of 17.5 million votes were cast in favor of Musk stepping down by the poll's close early Monday morning.
Sam Bankman-Fried Reportedly Planning to Reverse Extradition Decision
Bankman-Fried was arrested in the Bahamas last week after U.S. prosecutors charged him with counts of fraud and money laundering.
Twitter to Block Free Promotion of Rival Social Media Platforms
The new rule is somewhat ambiguous and its impact is up to the discretion of Twitter's management.
Twitter Lifts Lorenz Suspension
Lorenz's suspension followed that of several other reporters in the past few days, several of which have been lifted.
Elon Musk Seeks More Money from His Twitter Investors
Musk is offering the same price he agreed to pay in April. Since then, shares of tech stocks have fallen sharply and Musk has admitted he overpaid for the deal.
Accounting Firm Mazars to Pause Crypto Work For Binance, Others
Mazars published proof of reserves reports for global crypto exchanges like Binance, Crypto.com and KuCoin.
Twitter Suspends Accounts of Several Journalists
On Wednesday, the social network suspended accounts that used publicly available information to track the location of private jets, including Musk’s.
U.S. Adds Major Chinese Chip Firms to Trade Blacklist
The move is part of Washington's broader effort to address national security risks stemming from China's development of advanced semiconductor technologies.
AWS, Microsoft and Meta Teaming Up to Develop Free Map Data
In an apparent effort to challenge Google's dominance of the online maps market, a coalition of rivals is teaming up to develop freely available map data.
Binance Stablecoin Issuer Say Customers Redeemed $3 Billion in Seven Hours
Binance too saw a rush of customer withdrawals earlier this week.
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