Amazon Bows Out of Race for Marquee Indian Cricket Rights
Amazon is said to back off a bidding war for costly sports streaming rights.
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Recent Editions
U.K. Regulator Accuses Apple and Google of Running Duopoly in Mobile
The move shows that the U.K.'s antitrust regulator intends to use its power to investigate U.S. tech giants and take further action.
Beijing Gives Tentative Green Light for Ant IPO, Reuters Says
China's securities regulator, however, said it has not concluded its review of Ant, whose IPO in late 2020 was cancelled by Beijing.
Stitch Fix Is Cutting 15% of Salaried Staff
Most of the cuts will involve corporate roles and people who manage the company’s stylists.
Disney Fires TV Chief Peter Rice
Some insiders had complained Rice's group wasn't producing programming for Disney's streaming services fast enough.
Twitter to Give Musk Data to Analyze Bots
The decision would give Musk access to the "firehose" of daily tweets.
Scooter Company Bird to Slash 23% of Staff
The micromobility company is cutting nearly a quarter of its 600 employees.
Amazon’s Dave Clark to Lead Flexport as CEO
Less than a week after announcing his departure from Amazon’s number two job, logistics czar Dave Clark has a new gig.
TikTok Executive Who Spoke Against Maternity Leave to Take Time Off
Joshua Ma, TikTok’s head of e-commerce in Europe, had told staff during that as a "capitalist” he was against maternity leave.
Microsoft HoloLens Leader Alex Kipman Resigns in Wake of Misconduct Allegations
A reorganization will see Microsoft’s mixed reality hardware and collaboration teams shifted inside the company.
Culture Clash Among TikTok U.K. Employees
Employees at TikTok’s e-commerce initiative in the U.K. complained about the corporate culture amid a wave of resignations.
China’s Approval of 60 New Videogames Boosts Tencent Shares
Investors are hoping that Beijing's pressure on the domestic videogame industry will ease after a regulatory crackdown took a toll on Tencent and its rivals.
Amazon Shutters Gig Delivery Service in Germany
With Amazon’s logistics and fulfillment costs under a microscope, it may have figured it has enough delivery capacity in Germany
Europe Reaches Deal to Mandate Common Charger Across Devices
Apple opposed the move, as the iPhone maker relies on its proprietary charging ports and cables to recharge devices.
PayPal Launches Crypto Transfers for Bitcoin, Ethereum
PayPal joins a growing number of fintechs in broadening their crypto payments offerings.
The RealReal CEO Abruptly Steps Down
The online luxury consignor is the latest company to announce a CEO departure this year.
Shopify’s Shareholders Approve CEO’s ‘Founder Share'
The e-commerce software providers' 10-for-1 stock split, which will help Shopify's shares appeal to a broader range of investors, was also approved at the company's annual shareholder meeting.
China Internet Stocks in Hong Kong Outperform After Didi News
While the end of Beijing's probe into Didi triggers hopes for a less harsh regulatory climate, Chinese internet giants continue to face economic headwinds.
Peloton Hires New CFO From Amazon Web Services
The beleaguered home exercise equipment company is looking for stability after a tumultuous year that has included a CEO switch.
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