Robinhood Files For IPO
The commission-free stock trading app will trade on the Nasdaq under the ticker symbol "HOOD."
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Pinterest Bans All Weight-Loss Ads
It’s unclear how rampant weight-loss ads were on Pinterest, and as a result, how much this move would affect ad revenue. At the very least, it’s good PR for the social platform as it competes with bigger social giants.
Amazon Adds New Leadership Principles Ahead of Bezos Exit
The changes reflect a recognition of criticism of Amazon's workplace and scale.
Central European Grocery Startup Raises Funds at $1.2 Billion Valuation
Rohlik plans to use the new funding to expand into Italy, France and Germany.
Tech Titans Join as China Marks Communist Party’s Centennial
Meituan’s billionaire founder Wang Xing was seen among the tens of thousands in attendance at events marking the 100-year anniversary of the Communist Party.
Two Microsoft Presidents to Depart as Fiscal Year Ends
The end of Microsoft's fiscal year June 30 typically brings major executive changes, and this year two senior U.S. sales leaders are heading for the exits.
FINRA Fines Robinhood $70 Million for Harming Customers
The $70 million fine is the largest-ever financial penalty ordered by FINRA.
Apple Buys Remote Control Button on Roku for Apple TV+
The move indicates that Apple is looking to grow its service beyond its own device owners.
Amazon Seeks Lina Khan’s Recusal in FTC Antitrust Investigations of the Company
A recusal could block any FTC enforcement actions against Amazon.
E-Commerce Firm Shogun Raises $67.5 Million in Series C Round
The company creates website pages for Shopify merchants.
India Ups Pressure on Twitter With New Court Cases
The cases come as the Indian government seeks to control foreign social media networks in an effort to tamp down on political protests and discourse.
China’s Didi Global Shares Close Up 1%
The market debut of China’s ride-hailing giant marks one of the biggest by a Chinese company.
Cisco Hires Veteran Software Execs From Microsoft, Splunk
Cisco Systems is in the midst of a years-long effort to generate more revenue via software and subscriptions, and two new leaders are now joining the campaign.
Actor Emma Watson Invests in U.K. Anti-Plastics Company
Watson is becoming the latest Hollywood star to dip a toe into the world of venture capital and tech.
Microsoft, GitHub Team Up with OpenAI on New Programming Tool
A new tool could lower the bar for less-experienced developers while also speeding the process of writing applications.
DOJ Will Get Google Employee Performance Reviews in Antitrust Case
The DOJ hopes to circumvent Google employees’ cautious email communications.
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.
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.
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