SoftBank Pulls Plug on Pepper, Robot That Was Supposed to Supplement Workers
Production of the humanoid robot was suspended as part of a broader retreat in the Japanese tech giant’s ambitions on the field.
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Chinese Grocery App Dingdong Cuts U.S. IPO Target
The SoftBank-backed company's move to slash the size of its IPO comes after a disappointing Nasdaq debut last week by another Chinese grocery app.
Language App Duolingo Files to Go Public in New York
The move comes after the company saw increased demand for learning languages during the Covid-19 pandemic.
FTC, State AGs Handed Major Loss in FTC Antitrust Case
A judge’s rulings are a huge blow to the FTC as it steps up antitrust enforcement in the tech sector.
India Commerce Minister Says American E-Commerce Giants Flout Laws in India
India has been increasing pressure on foreign tech firms including Amazon and Walmart-owned Flipkart, which are targeting the country’s massive emerging middle class.
Tesla to Address Safety Issue in More Than 285,000 Cars in China
China's market regulator said the vehicles' cruise-control system could cause sudden acceleration, in a move it described as a "recall."
AWS Acquires Encrypted Messaging Startup Wickr
Amazon's cloud unit is getting into the encrypted messaging market by acquiring a 10-year-old company that sells to government agencies and large firms.
Robinhood IPO Delayed Due to SEC Scrutiny
The commission-free stock trading app planned to go public this month.
U.K. Regulator Targets Fake Reviews on Amazon and Google
The latest probes add to the Competition and Markets Authority’s multiple investigations into the U.S. tech giants.
China’s Didi Chuxing Plans to Raise Up to $4 Billion in U.S. IPO
Didi's targeted valuation is less than the $70 billion-plus price tag many bankers had previously expected.
Shares of Data Analytics Startup Confluent Jump 25% in Public Debut
Confluent, founded by former LinkedIn engineers, becomes the latest data analytics startup to receive an enthusiastic greeting from investors.
AWS Veteran Exec Rudy Valdez Departs
Valdez, who joined AWS in 2005, played a key role in building relationships with customers during the cloud unit's early days.
Sneaker Resale Site Goat Raises $195 Million Series F Round
The fundraising values Goat at $3.7 billion, twice its previous valuation.
Microsoft Brings Android Apps to Windows 11, Integrates Teams
Microsoft's first new version of Windows in six years included some unexpected developments, showing that the operating system still has plenty of life.
Visa Makes Another Fintech Play With $2.1 Billion Tink Deal
Visa hopes to avoid antitrust hurdles after failed Plaid deal.
Figma Raises $200 Million at $10 Billion Valuation
Durable Capital Partners and Morgan Stanley are investing in the design software startup.
Google Delays Ending Browser Ad Trackers to 2023
Increased regulatory oversight and the complexity of trying to preserve privacy while still targeting ads have prolonged work on the effort.
Andreessen Horowitz Announces $2.2 Billion Crypto Fund
The VC firm's crypto portfolio includes Coinbase and Dapper Labs.
Tech Antitrust Bills Clear House Committee
Google and Amazon had asked lawmakers to slow their work on the legislation and consider the impact on consumers and small businesses.
BuzzFeed Confirms SPAC Merger to Go Public
The deal marks a victory for CEO Jonah Peretti, but now the question is how the digital media company will fare as a public entity
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