Airbnb Sets $47 Billion Valuation for IPO
The per-share price is more than double the company's common stock valuation from August.
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Recent Editions
DataRobot Inks Partnership With Snowflake, Expands Funding Round
DataRobot, an AI company that sells to customers in a broad range of industries, is getting cozy with Snowflake, which is riding high after its September IPO.
Apple and Google to Halt Location-Tracking by Firm
Apple and Google will stop X-Mode Social, data broker that has received scrutiny for working with national security clients, from collecting mobile location data.
Google CEO Apologizes to Employees Over AI Researcher’s Departure
Pichai said he was aware that the incident 'seeded doubts' in the company and that he 'accept[ed] the responsibility of working to restore [employee] trust.'
Nutanix Hires New CEO From VMware
Nutanix has been chasing VMware for years in the data center management software market, and now a new CEO will be leading the charge.
Facebook Hit by FTC Antitrust Suit That Seeks to Break Off Instagram, WhatsApp
Facebook was sued by both federal regulators and more than 40 states, which accused the social media company of squelching competition by buying up potential rivals.
AI Firm C3.ai Begins Trading in IPO
Shares of the enterprise software firm opened at 138% above the IPO price.
DoorDash Begins Trading at $182
The food delivery service’s stock is trading 78% higher than its IPO price of $102.
YouTube to Remove New Videos Claiming Voter Fraud Aided Biden Victory
YouTube drew criticism for its handling of election-related misinformation, especially compared to rivals Facebook and Twitter.
Airbnb Expected to Price IPO Above $56-$60 a Share Range
The latest increase in the travel site's anticipated value ahead of Thursday's public listing reflects the extent of investor IPO enthusiasm.
Australia Softens Proposed Law to Force Google and Facebook to Pay for News
Australia's legislature is set to debate the new rules that would require Google and Facebook to compensate news organizations for the value of their content.
SoftBank Debates Gradual Buyout Strategy to Take Itself Private
Tokyo-listed SoftBank has debated the idea of privatization over the past few years, based on the view that the stock market undervalues the company.
Facebook Antitrust Lawsuit Expected to Be Filed Wednesday
The Washington Post says some 40 state and federal authorities will file their cases against Facebook, alleging the social network tried to buy or kill off rivals.
Apple’s Self-Driving Car Unit Now Reports to AI Chief
Apple's top artificial intelligence executive, John Giannandrea, now oversees the company's secretive autonomous vehicle efforts.
DoorDash Sells IPO Shares at $102, Well Above Initial Price Range
The food delivery service raised nearly $3.4 billion in the offering.
Cybersecurity Firm FireEye Attacked by Elite Hackers
In a twist, cyber attackers have targeted a company that conducts research and investigations into their transgressions.
FCC Launches 5G Spectrum Auction
The FCC's sale of spectrum is expected to raise as much as $50 billion as wireless companies prepare to roll out 5G technology.
Google’s New Operating System Inches Closer to Launch
Though Fuchsia still isn’t ready for “general product development,” the announcement signals that the project is moving towards a public launch.
Confluent’s Chief Marketing Officer Departs
Giancarlo 'GC' Lionetti, who joined Confluent more than two years ago, is leaving later this week as the company prepares for a potential 2021 IPO.
Christopher Nolan Lashes Out at WarnerMedia
It's only a preview of the challenge the media company will have to reckon with in the talent community.
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