Sumo Logic Prices IPO at $22 Per Share
The pricing gives the data analytics firm a $2.2 billion public valuation, or nearly twice its private valuation.
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Slack Shuffles HR, Chief of Staff to CEO Roles
Slack, after announcing last month that it won't reopen offices until at least June 2021, appoints a new HR leader and chief of staff to the CEO.
U.S. Officials Concerned About Oracle’s TikTok Bid
Oracle’s proposal for TikTok reportedly “falls short of resolving concerns of Trump administration officials."
Amazon Gets Into Podcasting
The company is paring the podcasting push with Amazon Music subscribers and onto Echo devices.
Uber Sells Euro Freight Marketplace Amid Cost Cuts
At Uber, money-losing, non-core businesses continue to be on the block.
Facebook to Start Testing Smart Glasses in Public Ahead of Release Next Year
The glasses, called Project Aria, will be worn by Facebook employees and gather data for future glasses that will overlay virtual objects onto the real world.
Snowflake Stock More Than Doubles on First Day
Snowflake is the hottest one of a group of five enterprise software stocks going public this month.
Unity Raises IPO Price Range
The game developer software company could be valued at over $12 billion.
Alibaba Unveils Its Own Smart Factory in China
The factory is part of Alibaba's push to apply its technology to China's old-fashioned manufacturing sector.
JFrog Prices IPO at $44 Per Share
The enterprise software firm’s IPO price is 26% higher than the midpoint of its initial expected pricing range.
FTC Starts Case Preparations in Possible Facebook Antitrust Suit
For the past year, the federal agency has been investigating whether Facebook has bought smaller firms to ward off competitive threats.
Former Uber Employee Criminally Charged in Self-Driving Car Fatality
Uber itself was lucky to escape punishment.
Snowflake Prices IPO at $120 Per Share
The IPO, which would be the largest-ever for software, will value Snowflake at over $33 billion.
Opendoor, in Announcing SPAC, Opens Up About Losses
The company reported a net loss of $339 million last year, up from $240 million in 2018.
Senators Grill Google President Over Ad Tech Position
The hearing shed light on where the DOJ and state AGs could focus their anticipated antitrust suits against Google.
Stripe Offers Employees $20,000 to Relocate
Silicon Valley startup workers are permitted to work remotely forever—at a price.
ByteDance to Retain Majority Stake in TikTok
The reports suggests that ByteDance will succeed in keeping control of TikTok, despite Trump's original demand that the Chinese firm sell the app's U.S. operations or be shut.
Apple Debuts Subscription Bundle, New Watch and iPads
Apple One is a new monthly subscription that includes access to Apple Music, iCloud storage, and a new fitness class service.
Sequoia Capital Considered Forming SPAC, Says Partner
At the TechCrunch Disrupt conference on Tuesday, Sequoia partner Roelof Botha said the firm has talked about forming a SPAC.
NBCU’s Peacock Signs Up 15 Million Users
Fifteen million people have signed up for Peacock, up from 10 million six weeks ago, but its unclear what this means.
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