GM to Invest $300 Million in China’s Self-Driving Firm Momenta
The investment marks the first time GM is investing in autonomous driving technology in China, the world's largest car market.
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The Information AM
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
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Recent Editions
SoftBank-Backed Oyo Seeks to Raise $1 Billion in IPO
The IPO for the India-based hotel operator which struggled after massive expansion comes amid a wave of Indian startups going public.
Toast and Freshworks Have Strong Public Company Debuts
Both companies reflect strong investor demand for software firms serving businesses.
Facebook CTO Schroepfer To Step Down in 2022, Transition to ‘Senior Fellow’ Role
Schroepfer will be succeeded by Andrew Bosworth, a longtime associate of CEO Mark Zuckerberg.
Facebook Shares Fall After It Discloses Apple Advertising Challenges
Facebook says it is currently “underreporting” the frequency with which iPhone users were clicking on ads to buy products.
Epic’s Sweeney Blasts Apple for Refusing to Reinstate Epic to App Store
Apple's stance means Epic may be shut out of the App Store for years to come.
Stitch Fix Q4 Revenue Grows 24%
The online retailer sees improved revenue and profit gains as consumers buy more clothes than last year, but the company is burning more cash as it invests in new shopping features.
Uber Shares Jump On Projection that Profits Are Closer
CEO Dara Khosrowshahi said ride hailing improvement had "paused" in August but had resumed in September.
Facebook Reveals New Portal Smart Displays With a Focus on Remote Work
The company will also make Portals available to businesses through a new service.
Facebook Reveals New Portal Smart Displays With a Focus on Remote Work
The company will also make Portals available to businesses through a new service.
Oversight Board to Meet With Facebook Over XCheck Issues Revealed in WSJ
The board will examine whether the company has been “fully forthcoming in its responses on cross-check and whitelisting.”
FTC Commissioner Chopra Expected to be Confirmed to Lead CFPB in Coming Days
Once Chopra is at the financial regulator, a partisan deadlock could temporarily hamper the FTC’s aggressive enforcement plans.
Disney+ Growth to Slow Sharply in September Quarter
The slowdown will reinforce questions about Disney's ability to reach its long term growth targets for Disney+.
DOJ Reviewing Zoom-Five9 Deal on National Security Grounds
Zoom wants to get into the contact center market to show shareholders it can continue growing, but a new regulatory review could delay those efforts.
DraftKings Offers to Buy Entain of UK for $20 Billion
The size of the offer is almost as much as DraftKings is worth.
Universal Music Group Shares Soar on Opening Day in Amsterdam
The valuation is a big increase on what hedge fund manager Bill Ackman paid for a stake in Universal Music in August.
DAZN In Advanced Talks To Acquire U.K.’s BT Sport
A deal would give the sports streaming service valuable broadcast rights to English Premier League football.
Fantasy Soccer NFT App Scores SoftBank Investment
SoftBank led the $680 million investment into France’s Sorare, in a round that valued the company at $4.3 billion.
Fintech Startup Airwallex Valued at $4 Billion After New Funding Round
The payment provider is benefitting from the robust growth of e-commerce demand and investor enthusiasm for global fintech startups.
Reported Dinner Deal Between Zuckerberg and Trump Detailed in New Book
The Facebook CEO has denied the agreement, which was detailed in a new book about Peter Thiel.
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