Indian’s Ola Electric Raises $200 Million at $5 Billion Valuation
The electric scooter maker, which was spun off from ride-hailing app Ola, is backed by Tiger Global and SoftBank.
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
Activist Investor Seeks to Push Peloton CEO Out
Blackwells Capital wants the maker of the once-hot stationary bikes to sell itself to a larger company.
Sriram Krishnan to Shift to Andreessen Horowitz’s Crypto Team
The VC firm’s general partner previously focused on consumer investing.
Google Boosted Lobbying Spending as Antitrust Pressure Rose
Google and other tech companies increased their spending as they try to beat back bills that threaten to crimp their revenue.
Peacock Taps Second Hulu Executive
The executive hire comes as NBCUniversal is weighing pulling its content off Hulu.
Shopify is Overhauling its Fulfillment Network
The Canadian e-commerce giant has struggled to get its fulfillment business off the ground. Now, the firm appears to be cutting its losses by scaling back operations.
Google Urges Court To Throw Out Texas-led Antitrust Case Against Ad Tech Business
At heart, Google’s argument is that it has no duty to help its competitors.
Twitter CEO Shakes Up Security Team
The company’s head of security was terminated from the position, according to The New York Times.
TikTok Owner ByteDance’s 2021 Revenue Rose 70%
ByteDance's China business, which generates the bulk of its revenue, could face a tougher environment this year, as the country's advertising market slows.
Netflix Reports Lower Than Forecast Subscriber Growth
Investors, who typically judge Netflix by its subscriber growth, sent Netflix shares tumbling 10% in after-hours trading to $457.76, its lowest point since mid-2020.
Google Developing Mixed Reality Headset Aimed for 2024
Details on Project Iris point to a device with similar capabilities to upcoming headsets from Apple and Meta Platforms.
DeepMind Cofounder Leaves Google for VC Firm Greylock
Mustafa Suleyman will help the venture capital firm with its investments in AI companies
Andreessen Horowitz Looks to Raise $4.5 Billion For Crypto Funds
The capital raise would result in the biggest crypto fund in the industry’s history.
Walmart’s E-Commerce Chief is Leaving
Casey Carl is the latest exec slated to depart the retail giant this year following a slow down in Walmart's online sales growth last year as lockdowns lifted and people returned to in-person shopping.
Amazon Plans to Open High-Tech Fashion Store
Amazon plans to open a 30,000-square-foot retail store selling apparel, shoes and accessories in greater Los Angeles later this year
Meta Platforms Working on NFT Features
Instagram head Adam Mosseri told The Information last year that the company was exploring an NFT marketplace.
China’s Luckin Coffee Mulls Relisting on Nasdaq
The talks about relisting comes nearly two years after Luckin was delisted from Nasdaq due to a $300 million accounting fraud scandal.
Google Signals Interest in Blockchain, Cryptocurrencies
Google had heretofore been slow to embrace crypto.
TikTok Is Testing Paid Subscriptions
Earlier Wednesday, rival Instagram rolled out a subscription feature for influencers.
Google Security Researcher Sounds Alert On Zoom Vulnerabilities
While most security flaws require attackers to trick users into clicking on links or attachments, the ones a Google researcher discovered are different.
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