Ant Group to Offer Employees Zero Interest Loans
The offer to borrow money off of employees' stock options comes as morale plummets after last year’s failed IPO.
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Disney Plus Email Gaffe Over Pricing Costs Company
As a result of an incorrect email about its Disney+ price increase, some annual subscribers get to keep the old pricing.
Alphabet Employee Median Pay Rises 6%
The company also plans to implement new bonuses based on social and environmental goals.
Spotify to Launch Subscription Podcasting Service
The plans follow Apple, which also just announced its own offering this week.
Baidu’s Joint Venture With Automaker Geely to Invest $7.7 Billion in Smart Cars
The announcement comes as Huawei and Xiaomi also make big plans to develop electric and autonomous vehicles.
China’s Central Bank Wants to Control Ant Group’s Data
Beijing is tightening its control over China's biggest internet companies and the way they collect data.
Snap Stops Burning Cash, Grows Revenue 66%
Daily users of Snapchat also grew 22% to 280 million, Snap’s highest quarterly growth rate in over three years.
Data Analytics Startup Confluent Files Confidentially for IPO
The startup is building a business around open-source Apache Kafka software and was co-founded by former LinkedIn employees.
Sling Launches Sports Betting Channels With DraftKings
As online sports betting becomes more popular, SlingTV is grasping at an opportunity to attract viewers.
JPMorgan Chase Hires Lyft Engineering Chief as Investment Bank CIO
The hiring is the latest example of how large banks are hiring experienced engineers to accelerate their adoption of cloud computing and other emerging technologies.
WarnerMedia Reports Dip in Profit on Higher Programming Costs
Unlike its rivals, WarnerMedia provides few details about the performance of its HBO Max streaming service.
Apple, Google Defend App Store Policies
The hearing came one day after Apple rolled out a competing product to Tile, one of the companies that has accused Apple of anticompetitive practices.
Sony Signs Multi-Year Licensing Deal With Disney
The agreement comes just days after Sony signed a similar deal with Netflix.
Away Makes Co-Founder Jen Rubio Permanent CEO
Rubio's appointment follows a period of turmoil for Away, which has had two CEOs quit in the past year.
Shopify and Pinterest Expand Marketing Partnership
The expansion reflects growing interest among merchants in integrating shopping with social media as a way of drawing in more shoppers.
UiPath Shares Rise 23% in Trading Debut
The gain is good news for investors worried about the performance of publicly-traded cloud software companies, which have fallen 16% since a mid-February high.
Senate Hearing Considers Lina Khan’s FTC Nomination
Khan tells senators she is committed to pursuing the agency's antitrust suit against Facebook.
Apple Supplier Quanta Computer Target of Cyber Attacks
The incident highlights how electronic leaks have become more of a headache for Apple than the physical theft of unreleased products.
TikTok Faces U.K. Claims It Illegally Used Kids’ Data
The lawsuit is being led by a campaigner and former Children’s Commissioner for England, who represents an anonymous 12-year-old girl leading the action.
Tesla Faces Negative Publicity Over Customer Complaint in China
The latest challenge for Tesla comes when the company has enjoyed robust sales in China, the world's largest vehicle market, over the past year.
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