Chinese Private Rocket Startup iSpace Raises $172 Million
China's private space program has been racing ahead with more than 100 startups founded since the government opened up the sector in 2014.
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U.S. Alleges Chinese Diplomats Helped Scholars Hide Ties to Military
The military-affiliated researchers are only a small minority of the 370,000 Chinese studying in the U.S.
Facebook Cooperates With UN Investigation of Myanmar Crimes
The company has faced criticism for how its social media platform helped spread hate speech directed against minority Rohingya who were forced to flee the country.
Palantir Goes on Defensive in S-1
Many of Palantir’s financial metrics leaked last week, making the most revealing part of its S-1 filing CEO Alexander Karp’s railing against digital advertising-dependent tech firms.
Salesforce Shares Rise on Strong Pandemic Performance
Salesforce Chairman and CEO Marc Benioff didn't say whether a digital Dreamforce will happen this year, but said the company's sales engine remains healthy.
Roomba Maker iRobot Shifts Focus to Software
After nearly two decades of developing the Roomba home cleaning robot, iRobot is now focusing on building new software features for the device.
Best Buys Warns of Cooler Growth After Sales Surge
Best Buy’s online sales more than tripled in the three months ended Aug. 1, boosted by demand from back-to-school shoppers and at-home workers.
Google Names New General Counsel at ‘Critical Moment’
Halimah DeLaine Prado, a 14-year Google veteran, becomes one of the highest-ranking Black executives at Google.
China’s Ant Group Files for IPO in Hong Kong and Shanghai
The listing of the Chinese fintech giant affiliated with Alibaba is expected to be one of the world's biggest ever IPOs.
Chinese Ride-Hailing Giant Didi Chuxing Expands Into Russia
International operations are important to Didi, given the challenges it faces in the Chinese market where tighter regulations have limited its growth.
Judge Rules for Apple on Fortnite Ban, Against It on Unreal Engine
A federal judge denied a request by Epic Games for an order that would have forced Apple to allow Fortnite, a popular Epic videogame, back into the App Store.
Republicans Open Convention With Attack on Big Tech
The Republican convention opened up with a scathing attack Silicon Valley's efforts to moderate social media content.
Sequoia, General Atlantic Eyeing Oracle’s Bid for TikTok
With support from two of the largest investors in TikTok parent ByteDance, Oracle would presumably have a much better chance of beating out Microsoft.
Asana Files to Go Public Through Direct Listing
Asana is making progress in converting free users to paid ones, but like many software companies, its salespeople are grounded due to Covid-19.
Google Cloud Invests $100 Million in Telehealth Company Amwell
Amwell also said that as a part of the investment, Google Cloud will become its “preferred global cloud partner partner.”
Snowflake Reveals Rapid Sales Growth in IPO Filing
Snowflake, which was valued at $12.4 billion after its last funding in February, says it has signed up 146 of the Fortune 500 as customers.
AV Tech Firm Luminar to Go Public Via SPAC Merger
Luminar would be the first autonomous vehicle startup to go public in recent years.
Cloud Software Firm Sumo Logic Files to Go Public
The company is joining a flurry of software IPOs planned for later this year.
Zoom Restores Videoconferencing Service After Outage
Zoom's videoconferencing and VoIP services have received heavy and sustained traffic during the pandemic, and have mostly held up well.
Apple Resolves In-App Payments Issue With WordPress
Apple apologizes for "confusion" caused by its interactions late last week with Automattic, maker of the popular WordPress content management application.
Weekday mornings
The Information AM by The Information Staff
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