Bored Ape Creators Raise $450 Million to Build NFT Metaverse Game
Andreessen Horowitz led the round, which values Yuga Labs at $4 billion.
Weekday mornings
The Information AM
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
Recent Editions
Katie Haun Debuts New Crypto VC Firm With $1.5 billion in Capital
Haun Ventures will invest across two funds, one focused on early-stage investments and one focused on more established crypto startups
Okta Denies That Hacking Group Breached its Systems As Microsoft Confirms Limited Breach
Identity management and authentication software provider Okta is downplaying a hacking group's claims that it breached its systems in January. Microsoft said the group had gained limited access to its system.
Nvidia shows new chip-connecting tech to solve data bottlenecks
It matters because chips have gotten about as big as they can physically get, but AI researchers still want more performance.
Consulting Firm NRG Hires Apple TV+ Executive
The consulting firm is looking to broaden its coverage of entertainment and tech sectors.
BuzzFeed Projects Revenue Drop in Q1, Editors Quit
The departure of BuzzFeed News editor in chief Mark Schoofs and two of his deputies comes as BuzzFeed prepares to make cuts to the news division.
Okta Says No Sign of “Ongoing Malicious Activity” After Screenshots Posted Online
The authentication software company is relied on by thousands of other websites.
Alibaba Upsizes Share Buyback Program to $25 Billion
The Chinese e-commerce giant's stock has suffered amid China's economic slowdown and Beijing's continued regulatory crackdown on the internet sector.
Pinduoduo’s Weak Revenue Highlights Challenges for Chinese Internet Giants
Pinduoduo's slowing growth comes as China's internet companies are grappling with the country's economic slowdown and Beijing's continued regulatory crackdown.
Google Settles U.S. Labor Agency Lawsuit Involving Activist Employees
The settlement brings an end a legal battle between Google and workers who protested its business decisions
Disney CEO Apologizes Again to Employees Over Florida Bill Response
Bob Chapek held a virtual town hall to tell employees he made a mistake in not taking a public stand against Florida’s Parental Rights in Education bill.
Apple Outage Takes Down App Store, iCloud Mail and Other Services
Apple hasn't yet explained what happened, but many of its popular online services became inaccessible for some users for nearly an hour earlier Monday.
Credit Card Startup Ramp Raises $750 Million
Founders Fund, Stripe, Iconiq Capital and Thrive Capital participated in the latest fundraise.
Thoma Bravo Buying Software Firm Anaplan for $10.7 Billion
Private equity firm continues its enterprise software shopping spree, adding Anaplan's business planning software to its portfolio.
U.S. Lawmakers Seek Info On SpaceX Ties to China
Some in Congress worry that China could get access to classified information on SpaceX because of Tesla’s close ties to China.
Judge Dismisses D.C. Antitrust Suit Against Amazon
The office of the Washington D.C. attorney general said it was considering an appeal of the ruling.
Businesses in China’s Tech Hub Shenzhen Set to Resume Operations
Shenzhen's recovery from a Covid-19 lockdown matters because the city, which has Apple suppliers' factories, plays a key role in the global tech supply chain.
China’s Government Mulls Changes to Tencent’s Payment Business
The possible overhaul of Tencent's WeChat Pay digital payment business comes as Beijing steps up its scrutiny of the internet finance sector.
GM Buying SoftBank Out of Cruise
SoftBank is selling rather than buying more of Cruise, raising questions about whether it is pulling back from investments amid the stockmarket slump.
Tiger Global Closes Latest Venture Fund at $12.7 Billion
New York based hedge fund will focus on Series A and B investments out of new fund as part of its broader push to back younger startups.
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