Fitness Tracker Startup Whoop Valued at $3.6 Billion After SoftBank Investment
The Boston-based wearables startup faces competition from the biggest tech giants including Apple, Google and Amazon.
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Amazon Partners with Affirm to Offer Buy Now, Pay Later
By partnering with fintech company Affirm, Amazon is jumping on the buy now, pay later craze that has motivated younger shoppers to buy more goods online.
Apple Hires VC Firm Founder Trae Vassallo for Global Ops Role
Vassallo previously was a partner at Kleiner Perkins.
Disney’s ESPN Eyes Sports Betting Deals
The deals, if signed, would mark a bit of an about-face for Disney, which has shied away from sports betting.
Rivian Files Confidentially for IPO
Electric truck maker Rivian filed has filed confidentially for an IPO.
Andreessen Horowitz Announces $400 Million Seed Fund
Andreessen Horowitz is launching a dedicated seed fund shortly after announcing a $2.2 billion fund focused on cryptocurrency startups.
European Antitrust Review of Nvidia’s Arm Takeover Expected in Early September
Global regulatory reviews of the acquisition are expected to drag on for much of 2022.
China Looks to Ban Tech Companies with Sensitive Consumer Data From Listing in the U.S.
This proposed ban goes much further than earlier announced measures requiring large tech companies to get mandatory cybersecurity review in order to list in the U.S.
China’s Regulator Proposes New Regulations on Tech Firms’ Algorithms
The move is part of the Chinese government's efforts to tighten its control over the company's most powerful internet companies.
Waymo Discontinues Lidar Business
The move could be good news for lidar maker Ouster and its ilk.
Microsoft Sounds Alarm Over Critical Database Vulnerability
After a string of cybersecurity headaches over the past year, Microsoft is reportedly warning customers to change database settings to protect against a new flaw.
Apple to Let App Makers Tell Customers About Payment Alternatives
Apple has agreed to let app makers communicate with customers about alternative payment methods as part of a proposed legal settlement.
TSMC Planning Price Hike Later This Year
The world's largest contract chip manufacturer is struggling to keep pace with soaring demand amid a global shortage, but help may be on the way.
Vice Announces Layoffs as it Pushes More into Video
The layoffs come as the company is seeking to position itself more as a studio business.
Forbes to Go Public via SPAC
The deal marks the second media SPAC to be announced this year.
A Jeff Bezos ‘Shadow’ Joins Hopin Amid Amazon Exodus
Wei Gao, a former Amazon technical adviser to Jeff Bezos, will join London virtual events startup Hopin as chief operating officer.
UK and Europe May Soon Face-Off Over Cookie ‘Consent’ Pop-Ups
A top U.K. official proposed loosening data privacy rules, which could create a showdown with the European Union.
Axel Springer to Buy Politico for More Than $1 Billion
The deal values the political news site at more than $1 billion.
Western Digital in Talks to Merge With Japan’s Kioxia in $20 Billion-Plus Deal
The potential deal would be the latest example of how big mergers and acquisitions are transforming the global chip industry.
Former AWS Exec Charlie Bell Joins Microsoft
Longtime AWS engineering executive jumps to the cloud giant's top rival, though his role isn't yet clear.
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