Brex Said to Raise Funding at $12.3 Billion Valuation
The fintech startup has been rapidly launching new products and buying smaller companies.
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Recent Editions
Intel Blames Chip Shortage for Q3 Sales Miss
Intel CEO Pat Gelsinger says the chipmaker remains in the throes of the global chip shortage but things should start to improve next year.
Snap Reports Slowdown in Revenue Growth and Projects Bigger Slowdown in Q4
The numbers reflect the impact on the ad market of Apple’s ad-tracking clampdown as well as macro economic factors caused by shortages of goods.
Google Cuts App Store Service Fee
Google and Apple have reduced some app store fees as they face pressure over their dominance
Intel’s Acquisition Talks With Chip Startup SiFive Fizzle
SiFive, a chip design startup that is competing against ARM Holdings, is aiming for an IPO after turning down an acquisition offer from Intel.
WeWork Begins Trading on the Nasdaq
WeWork's stock was up 11% as of Thursday afternoon, trading just above $11.50.
Payment Systems of Google, Apple, and Other Tech Companies Probed by Financial Watchdog
The CFPB is examining how large tech companies use financial data and whether they engage in anticompetitive conduct.
Facebook Oversight Board Says Company Not ‘Fully Forthcoming’ on X-Check System
Board said Facebook declined to provide certain information or offered information that was incomplete.
HBO Max Loses 2 Million U.S. Subscribers Thanks to Amazon Deal Ending
Warner managed to offset some of the customer losses with a cut-price offer for HBO Max, while the service's expansion into Latin America also increased international subscribers sharply.
China’s Cybersecurity Watchdog Goes After Leading Financial News Outlet
The removal of the highly regarded Caixin from the internet regulator’s list of approved media is a major blow to an already weakened press.
Major ByteDance Investor SIG Trying to Sell Some of its Shares
Finding a buyer at a high valuation won't be easy, as Beijing's regulatory crackdown makes global investors reluctant to bet on Chinese internet giants.
U.S. Authorities Restrict Sales of Hacking Tools to Russia, China
The move aims to prevent hacking tools used for legitimate purposes from falling into the wrong hands.
Bitcoin Hits All-Time High, Nears $67,000
Bitcoin’s price reached almost $67,000 for the first time ever.
PayPal Exploring Pinterest Acquisition
If PayPal proceeds, it would be a surprising move for the digital payments giant, expanding it into the digital advertising market.
Alibaba’s Jack Ma Visits Europe in First Overseas Trip Since China’s Crackdown
The fact that China is allowing Ma to leave the country suggests that Beijing's scrutiny of the Alibaba founder and his business empire might be easing.
Facebook Plans to Change its Name
The company will announce the new name next week in a move drawing comparison to Google's Alphabet .
Thiel: Crypto is the ‘most honest market we have’.
Bitcoin’s success shows fissures in the political status quo, Thiel says.
Data Privacy Startup Skyflow Raises $45M, Targets Fintech Firms
Skyflow's third funding round in 18 months shows how investors see big growth potential in software that can secure corporate data from cyberattacks.
Netflix’s Subscriber Growth Improves, But Only Slightly
The quarterly results show once again that Netflix’s market share in North America—which is mostly the U.S.—has plateaued.
Google Alerts Experiences Days-Long Glitch
Users dependent on Google Alerts from across the web reported a dearth of emails
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