Senate Panel Authorizes Subpoenas for Facebook, Twitter CEOs
Republicans in the U.S. Senate are rushing to bring tech CEO's in for testimony about content moderation with just weeks to go before the presidential election.
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Eko to Press on With Lawsuit Against Quibi Despite Shutdown
The lawsuit could pose issues for Quibi investors and any potential buyers of the streaming service's assets.
HBO Max Has 8.6 Million Activations
Live programming, but probably not sports, will likely play a role in the ad-supported tier of the service which will launch next year.
Facebook Dating Clears Data Hurdle to Launch in Lovesick Europe
Facebook cleared the way to roll out the new feature by easing the concerns of regulators wary of how the company would use the data it generated.
India’s Smartphone Shipments Hit Record High
Despite the pandemic's impact on India's economy, Indian consumers' appetite for affordable smartphones remains strong.
Amazon Labs Now Conducting ‘Thousands’ of Covid Tests a Day
Amazon said it aims to process 50,000 tests a day by next month.
Quibi Plans Investor, Employee Call Amid Talk of Shutdown
While other options are possible, shutting Quibi down appears increasingly likely
Outsourcing IT Firm Datto Begins Trading on NYSE
The IT firm will use its IPO proceeds to pay down more than half a billion in debt.
ThredUp Confidentially Files to Go Public
The used clothing retailer joins competitor Poshmark, which confidentially filed to go public in September.
Australia Considers Its Own Antitrust Lawsuit Against Google
Australia would join a list of countries considering antitrust action against big tech
Huawei, China Tech Firms Raise Concerns About Nvidia’s Arm Deal
The opposition could create a major obstacle for the Nvidia deal, which is crucial for Arm's parent company SoftBank.
Chinese Used-Car Trading Platform Once Valued at $1.4 Billion Could Be Sold for $1,400
The startup, Renrenche, had raised $760 million as of 2018, according to PitchBook, and had backers including Goldman Sachs, Tencent and Didi Chuxing.
Adobe Joining News Outlets to Combat ‘Deep Fakes'
New Photoshop feature tracks all changes that have been made to image files, letting readers of news articles determine whether they've been altered.
Snap’s Revenue Surges and Sends Stock Soaring 20%
Snap has particularly benefited during the pandemic from its shift to self-serve, cheap digital ads, and more recently from an advertising boycott of Facebook.
Netflix’s Subscriber Growth Slows Sharply
The results show that the surge in new subscribers in the first half has petered out, as Netflix predicted.
Warner Music Reports Higher Digital Revenues for Fiscal 2020
The results show that Warner Music's recorded music business is continuing to shrink, although the declines are offset by growth in streaming revenues.
Justice Department Sues Google for Violating Antitrust Laws
The lawsuit, which will likely take years to resolve, stands to have a sweeping impact on the tech industry.
ViacomCBS Promotes PlutoTV CEO to Run All its Streaming Operations
The company has elevated Tom Ryan and Kelly Day to senior roles overseeing streaming.
Sweden Bans Huawei and ZTE From Supplying 5G Services
The decision will benefit Ericsson, Sweden's biggest telecom equipment maker, and comes against the backdrop of a wider geopolitical standoff over Huawei and ZTE.
Didi Chuxing Said to Eye 2021 for IPO
China's ride hailing giant said it didn't have a definite time table for an initial public offering.
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