House Antitrust Report Says Big Tech Abuses Its Market Power
The long-awaited report is out, but does not call for breaking up big tech. Instead, it calls for broad changes to current antitrust laws.
Weekday mornings
The Information AM
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
Recent Editions
Greycroft Announces $678 Million in New Funds
Greycroft has raised capital for its sixth early-stage investment fund and third growth fund.
Cisco Ordered to Pay $1.9 Billion in Patent Case
A cybersecurity software company called Centripetal Networks, which has many government customers, prevails in a patent lawsuit against Cisco.
G Suite Is Now ‘Google Workspace’
The rebrand will include new icons for popular products like Gmail, Calendar, and Docs as well.
Facebook, Twitter Respond to Trump’s Posts Downplaying Covid
Twitter hid a post by Trump falsely claiming that the flu was more deadly than Covid-19, while Facebook removed the post entirely.
Apple Sets Oct. 13 for Likely iPhone Event
Apple has sent invitations to media for an event on Oct. 13 that will likely feature its new iPhone 12s, the first to use faster 5G wireless networking.
Partisan Rancor Delays House Antitrust Report
The spirit of bipartisanship that hung over the House antitrust subcommittee's 15-month probe of big tech has suddenly dissipated.
China’s Didi Chuxing Partners With WhatsApp in Brazil
The alliance with WhatsApp could help Didi's Brazilian app 99 better compete against Uber in the key Latin American market.
SoftBank-Backed Ola Denied London Taxi License
Ola’s situation is similar to Uber’s, which won back its London license last month after an appeal.
McAfee Sued by SEC Over Promotions of Cryptocurrencies on Twitter
McAfee Creator sued by SEC for misleading his Twitter followers in a scheme to promote virtually worthless cryptocurrencies.
Ex-Apple Engineer Launches Conversational AI Startup
The startup, called Brighten.ai, aims to provide faster speech recognition than companies like Amazon and Google, as well as lower costs.
Opendoor, Seeking SPAC Merger, Lays Out Financial Picture
A lower volume of home sales amid Covid-19 decreased Opendoor’s nearly $2 billion in revenue by 12% in the first half of 2020.
Slack Working to Restore Service Amid Connection Issues
The service slowdown follows high-profile service interruptions for users of Microsoft and Google services in recent weeks.
Regal Cinemas Suspends Operations in U.S Amidst Pandemic
The second largest movie theater chain in the U.S. is suspending operations in over 500 locations.
U.S. Seeks to Overturn Injunction Halting WeChat Ban
Despite the Justice Department's appeal, it remains unclear whether the Washington can provide hard evidence that WeChat is spying on American users.
Alibaba to Invest in Swiss Travel Retailer Dufry
The investment comes as Dufry's share price has plummeted due to the coronavirus pandemic.
Former Chinese Government Official Ran TikTok’s Content Policy
The former diplomat's role at ByteDance could raise questions about whether Beijing could have any influence on TikTok.
Facebook’s Antitrust Defense May Argue Breakup Would Defy Law: Report
Facebook is preparing for the lease of a House antitrust panel's probe of big tech companies.
CEOs of Facebook, Google, Twitter Will Testify to Senate Before Election
Republicans want to yell at the social media companies about alleged bias against conservatives.
Uber Sells Stake in Freight Unit at $3.3 Billion Valuation
It's another cash-preservation move to ease concerns about Uber's costly secondary businesses.
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