Autonmous Truck Developer Plus Says Will Merge With a SPAC
The company said the deal is expected to close in the third quarter and marks the second autonomous truck developer to go public.
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IPhone Production in India Slides Due to Covid
Apple has ramped up production for some phones to sell in India, but Covid is devastating its workforce.
China’s Population Growth Slowed
China’s population grew at the slowest rate since the 1950s, a development with implications for business growth.
Pentagon Considers Killing JEDI Cloud Computing Project
The $10 billion contract was awarded to Microsoft in 2019 and stalled by lawsuits from rival Amazon.
Scooter Startup Bird Preps SPAC Merger
Long gone are the days when scooter startups were the darling of the venture capital world. Now, SPACs have emerged.
Attorneys General to Facebook: Abandon Plans for Instagram for Kids
State attorneys general argue a new version of the platform would be harmful to children.
China Fines Two Online Education Apps for Misleading Consumers
The fines against Tencent-backed Yuanfudao and Alibaba-backed Zuoyebang comes as regulators take sweeping action against online enterprises.
Splunk Adopts Permanent Remote Work Policy
The San Francisco-based data analytics firm becomes the latest to give employees the option of working from home indefinitely.
New Software Platform The Archivist Raises $2 Million From Ashton Kutcher, Edward Norton
The startup's software platform offers high-end fashion brands the chance to get a cut of the used goods market which is now dominated by retailers like The RealReal.
Ant Group Looks to Revamp Healthcare Service Amid Beijing’s Crackdown
The Chinese fintech giant continues to face a major restructuring as Beijing tightens its control over online financial services.
Amazon Delivery Van Drivers Pushed to Drive Recklessly to Meet Quotas
Some Amazon delivery van drivers have been instructed to disable software used to identify risky driving behavior in order to complete deliveries quickly
Bill.com to Acquire Fintech Startup Divvy for $2.5 Billion
Bill.com makes a big move to diversify its product lineup into corporate card spending and expense management.
Ex-Amazon Exec Jeff Blackburn Leaves Bessemer
He is leaving his short-lived stint in venture and is considering management jobs.
The Athletic Eyes New York Times Merger
The likelihood of a deal between the two is low given The Athletic's valuation.
ViacomCBS to Reduce Licensing Shows to Competitors
The apparent reversal in strategy comes as the company sees growth in its streaming service.
ReCharge Raises $277 Million at $2.1 Billion Valuation
The e-commerce software platform will use the fundraising to finance geographic expansion and accelerated product development.
Tencent Trying to Prevent Forced Divestment of Riot, Epic Games
A divestment would have a major impact on Tencent as these are two of its most valuable investments and bring in billions of dollars in revenue.
Uber’s Ride Hailing Business Performed Slightly Better in Q1
Uber's ride-hailing business didn't recover as much as Lyft's, likely a result of Uber's operations in countries where the pandemic has worsened recently.
Microsoft Gaming Exec Details Failed Bid to get Cloud Gaming Service on iPhone
The testimony from Microsoft’s Lori Wright highlights the contentious relationship between Apple and its developers.
Google Offers More Remote Work Options
A Google CEO memo Wednesday gave workers more flexibility to work away from their core office and didn’t mention a prior commuting distance requirement
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