Apple Grants Tim Cook as Much as One Million Shares
Apple said it has awarded CEO Tim Cook as much as one million restricted stock units over the next several years, worth around $100 million at today's share price.
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Uber, Lyft Lose Seattle Minimum Wage Battle
Another costly policy battle lost by the ailing ride-hailing companies.
Nvidia, VMware Join Forces for Data Center Business
Nvidia, the dominant AI chip maker, and VMware, the top provider of data center management software, are tying their products together more closely.
Trump Administration Expands Scrutiny of Chinese Tech Investments
The Trump administration is asking startups about their Chinese investors, an extension of its growing concern about foreign investment in U.S. tech companies.
Disney Lays Off 28,000 From Theme Parks
The majority of these were part-time workers and it reflects a theme park business that has failed to reopen as quickly as expected
Facebook Taps Growth Exec as New CMO
“I believe deeply in the good Facebook’s products do,” Facebook's new CMO wrote.
TikTok Launches U.S. Election Info Hub
The new feature is a sharp reversal for a platform that has long tried to distance itself from political content.
Amazon Workers at Robotic Warehouses More Prone to Serious Injuries
A cache of internal company documents from more than 150 Amazon warehouses reveal a “mounting injury crisis” among workers employed by the e-commerce giant.
GGV Capital Aims to Raise $2 Billion for Funds Targeting China, U.S. and Southeast Asia
Despite the U.S.-China trade war, some U.S. institutional investors are considering money into the U.S.- and China-based fund.
Tesla Seeks To Buy Stake in South Korean Battery Supplier LG Chem
Tesla is looking at taking up to a 10% stake in the new spinoff LG Energy Solution as it seeks to lock in battery supplies.
Major Outage Takes Down Microsoft Outlook, Teams, Azure
Lasting three hours so far, this is the biggest cloud-related issue Microsoft has faced since traffic to its services surged the early days of the pandemic.
Disney Sells Off Adtech Firm TrueX
It sold the firm to another ad tech outfit Gimbal which focuses on location-based advertising services.
Google to Enforce Google Play Fees, Make Rival Stores Easier to Find
The changes come as Google and Apple defends against a lawsuit from Fortnite-creator Epic Games over their app store policies.
Major Hospital Chain Hit With ‘Ransomware’ Cyberattack
Several hospitals' computing systems began shutting down over the weekend, in what looks like a commercially-motivated attack.
Shoe Startup Allbirds Raises $100 Million
The sustainable shoe company raised the money from mutual fund Franklin Templeton.
Judge Rules TikTok Likely to Succeed in Appeal of Trump Ban
Judge rules that Trump likely exceeded his authority when he issued a ban on TikTok.
Google Rivals Losing Ground in EU Despite Efforts to Boost Competition
The EU's effort to give consumers more options when it comes to mobile search engines is falling short.
FedEx Pilots Self-Flying Planes for Delivery in Remote Areas
Competition is heating up in the autonomous delivery space.
Postmates Got Offers From Two SPACs Before Uber Jumped In
The filing reveals how different classes of shareholders will fare from the buyout and gives Postmates management's projections for its revenue growth over the next couple of years.
Uber Wins Appeal Over London Operations
The decision is a victory for CEO Dara Khosrowshahi, as London was at one point Uber's most lucrative city.
Weekday mornings
The Information AM by The Information Staff
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