Bezos Supports Biden’s Infrastructure Plan, Corporate Tax Hikes
On Tuesday, Amazon CEO Jeff Bezos released a statement in support of President Joe Biden’s $2 trillion infrastructure plan.
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Coinbase Reports Huge Increase in Revenue, Profits for Q1
Coinbase's revenue rose by nearly 10 times on the year earlier period, signaling why next week's public debut is likely to be a blockbuster.
Clubhouse Weighs New Investment at $4 Billion Valuation
Clubhouse is reportedly in discussions with investors about a new round of capital.
Europe Considers Antitrust Probe Into Facebook-Kustomer Deal
Europe’s competition regulator said it was considering an investigation into Facebook's $1 billion acquisition of Kustomer.
Merchants Form Coalition to Lobby to Break Up Amazon
A collective of small business owners that sell on Amazon want the e-commerce company to spin off its retail products business from its online marketplace.
Clubhouse Adds Tipping Feature Powered by Stripe
While Stripe will add a small processing fee for the person who opts to send someone money in Clubhouse, the app itself won’t take a cut of transactions.
SoftBank Eyes Stake in Warehouse Robot Maker
SoftBank Group is close to a deal to acquire 40% of a Norwegian company that makes technology for automating warehouses.
Apple, Facebook Spar Over Social Network’s Involvement Epic Games’ Antitrust Case
Apple says it needs certain documents to cross-examine Facebook gaming exec Vivek Sharma
Amazon Illegally Fired Two Prominent Internal Critics, NLRB Says
The National Labor Relations Board determined that Amazon illegally retaliated against two high-profile internal critics when it fired them last April
Justice Thomas Lays Out Case for Regulating Digital Platforms Like Utilities
Justice Clarence Thomas said significant market power weighs in favor of common carrier regulation.
Cook Says AR ‘Critically Important’ for Apple, Teases Car Ambitions
“An autonomous car is a robot. And so there’s lots of things you can do with autonomy."
Supreme Court Rules for Google in Long-Running Google v. Oracle Case
The decision has far-reaching implications for tech, overturning a lower court ruling which critics said threatened the ability of software developers to create apps that work well together.
LG Gets Out of Smartphone Market
LG's decision follows years of heavy losses, reflecting struggles that most Android phone makers have in making money from the market.
Personal Data of 533 Million Facebook Users Leaked Online
The data has shown up online three years after the breach.
Waymo CEO Steps Down After Five-Plus Years
Under John Krafcik, Waymo spun out of Alphabet and raised $3 billion from outside investors.
Tesla Deliveries More Than Double in Q1
The latest quarter continued a strong ramp-up in deliveries from the second half of last year.
Microsoft Cloud Outage Takes Down Azure, Teams, Xbox Live
The software giant's second major cloud outage in three weeks raises new questions about the reliability of its services.
Coinbase Sets April 14 for Direct Listing
Private transactions have valued Coinbase at more than $70 billion.
Tiger Global Raises $6.7 Billion for VC Investments
The firm's newest venture fund is among the largest in VC history.
Amazon Explored Opening Discount Depots in Malls and Parking Lots
Amazon has explored opening brick and mortar retail stores to sell discounted home goods, electronics and other small items, Bloomberg reported.
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The Information AM by The Information Staff
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