Hyundai Motor in Early Talks With Apple to Develop Electric Car
The news is another concrete piece of information indicating that Apple’s development of a car is progressing.
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The Information AM
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Recent Editions
TikTok’s Owner, ByteDance, Fined in China for Vulgar Content
The investigation against short video app Douyin signaled that big content platforms will continue to be under stricter scrutiny from regulators.
Beijing Tells Media to Censor Coverage of Alibaba Antitrust Probe
The move indicates how Chinese regulators' crackdown on Alibaba has become a sensitive topic for the Communist Party.
Hawley Loses Book Deal Over Trump’s Election Challenge
Simon & Schuster cancelled the publication of a senator's book over his efforts to undermine the presidential election.
Trump Returns to Twitter After Lockout to Concede Election
The lockout policy, which Twitter has applied rarely but in other high-profile cases, required Trump to delete several offending tweets before he could post again.
Robinhood Said to Consider Selling Shares to Users in IPO
The move to allocate shares to retail investors would be unusual for an initial public offering.
Amazon Shutters Prime Pantry
Amazon shuttered the program on Wednesday, moving to consolidate its hodgepodge of grocery offerings somewhat by transferring Prime Pantry’s stock to its core retail platform.
SoFi to Go Public via SPAC Backed by Chamath Palihapitiya
The merger will value the online lender at $8.65 billion.
Twitch Suspends Trump’s Channel After Storming of Capitol
The Amazon-owned gaming service disabled the president's account, following similar moves by other social media platforms.
Shopify Bans Online Stores of Trump Campaign and Trump Organization
E-commerce platform Shopify took down online stores run by Donald Trump’s campaign and the Trump Organization Thursday following the president’s incitement of a riot at the U.S. Capitol.
Goldman Sachs TMT Head to Become Instacart CFO
The move is a sign Instacart is gearing up for a banner 2021 IPO.
Zuckerberg: Facebook Is Blocking Trump ‘Indefinitely’
Zuckerberg’s decision is the most aggressive yet taken by the social network, which has taken a generally hands-off approach to Trump’s posts
Snapchat Blocks Trump From Posting, Joining Twitter and Facebook
He won’t be able to share new content until Snap decides to lift the restriction, making it the last social network to ban the president.
Roblox to Go Public Via Direct Listing, Not IPO
The switch in plans comes amid news that Roblox just raised $520 million in Series H funding.
Facebook, Twitter, YouTube Remove Trump Video Saying Election Was Stolen
Facebook employees internally critiqued the company's handling of Trump's video before it was taken down. Twitter and YouTube also removed it.
New OpenAI Program Can Generate Images From Text
OpenAI, which is actively working to build a business around its AI research, shares details of a major breakthrough.
Disney+ Programming Chief Ricky Strauss Steps Down
His role has been sidelined as other executives in Disney asserted control over the app's programming.
U.S. Officials Said to Mull Stock Ban of China Tech Giants Tencent, Alibaba
Such a move would mark an escalation of the ongoing U.S.-China trade and cybersecurity war.
Amazon Announces $2B Housing Equity Fund
Amazon on Wednesday announced plans to commit more than $2 billion to help preserve affordable housing
Poshmark Sets IPO Pricing Range
Poshmark is looking to raise about $240 million from its IPO.
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.
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