U.S. and EU Reach New Cross Border Data Sharing Agreement
The White House announcement was light on details but is a welcome relief to US and EU tech companies.
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Former TikTok Content Moderators Sue Company
The lawsuit, which alleges that TikTok violated California labor laws, comes at a sensitive time for the social media giant.
Chinese Food Delivery App Meituan’s Revenue Growth Slows
Meituan's quarterly results come as China's tech giants are grappling with the country's economic slowdown and Beijing's regulatory crackdown.
Instacart Cuts Valuation by 38% to $24 Billion
The decision comes amidst a sell-off in similar publicly-traded stocks and a sharp slowdown in revenue growth.
EU Lawmakers Reach Deal on Sweeping New Rules to Rein in Tech Giants
The Digital Markets Act is one piece of a global push to regulate the tech sector.
U.S. Regulator Says Hopes for Deal Over U.S.-Listed Chinese Stocks “Premature”
The Public Company Accounting Oversight Board said the U.S. requirement for full access to relevant audit documentation is "not negotiable."
Apple Says Epic’s Appeal in App Store Antitrust Case Should be Rejected
It will likely be at least a year before the U.S. Court of Appeals for the Ninth Circuit issues its ruling.
SoftBank Seeking $60 billion Valuation for Arm
The valuation would be off the charts compared to multiples for other chip firms
Chinese Microblog Weibo Evaluating “All Strategic Options” Amid U.S. Delisting Risks
U.S. regulators added Nasdaq-listed Weibo to a list of New York-listed Chinese companies that face delisting risks for failing to meet disclosure requirements.
Uber Sets April Return to Office Date
Many Uber employees will be heading back to the office next month.
Uber to List NYC Taxis on App
The move is a major capitulation by Uber, which long sought to displace taxis.
Chinese Autonomous Driving Startup WeRide Raises $400 Million
The funding round, which included U.S. private equity firm Carlyle Group, valued WeChat at $4.4 billion.
Google Softens App Store Payment Rules, Allowing Spotify Billing
The move is a sign of the antitrust pressure app store operators face globally
Okta Now Says Hackers May Have Viewed Customers’ Data
After seeming to downplay the impact of a January security breach yesterday, Okta is now admitting that up to 2.5% of its customers may have been affected.
Nvidia is Exploring Using Intel’s Manufacturing Services
Jensen Huang says he’s not paranoid about tapping a rival as a supplier.
Tencent Reports Slowest Revenue Growth as Ad Sales Drop
The results highlight the tough environment for Chinese internet companies amid Beijing's continued regulatory crackdown on the sector.
Beijing May Help U.S.-Listed Chinese Firms Avoid Delisting
Chinese regulators have told some U.S.-listed Chinese companies to prepare to disclose their audits to American regulators, potentially averting the desliting of those firms from U.S. markets.
Fintech Startup Jeeves Valued at $2.1 Billion in Tencent-Led Funding Round
The surge in the startup's valuation comes despite the volatility of publicly traded tech stocks in recent months amid a global market turmoil.
Fidelity-Backed VC Firm Eight Roads Launches $350 Million China Tech Fund
The VC firm is gearing up for more China tech deals despite uncertainties about the country's regulatory risks and economic outlook.
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