Cyan Banister to Leave Founders Fund
Banister had expressed frustration that she didn't get credit in the media for deals she led at the firm.
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The Information AM
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
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Recent Editions
AT&T Launches New Streaming TV Service
The new streaming service may be an attractive option to DirecTV customers thinking about cutting the cord, but they need to read the fine print.
Ant Financial Helps Beijing Track Citizens During Coronavirus
Ant Financial’s involvement with the app highlights the lax sharing of personal data between local tech companies and the Chinese government.
Google’s Stadia Struggles to Attract Indie Game Developers
Some developers said Google hasn’t provided enough financial incentives, and they don't have faith that the company will remain committed to gaming.
Uber Advises Drivers to Clean Cars Amid Coronavirus
The company sent a message to drivers across the world with health tips.
Elliott Takes Stake in Twitter, Will Push for Dorsey’s Removal
Dorsey has only a 2.3% stake and has been a part time CEO, leaving himself open to criticism and vulnerable to being removed.
Activist Investor Moves to Replace Twitter CEO Dorsey
Twitter shares rose more than 7% in after-hours trading Friday on the news of Elliott’s interest.
Tech Stocks Rise Amid Coronavirus Sell-Off
Analysts Bullish on Tech Companies Amid Global Slowdown Fears
A Google Employee Tests Positive for Coronavirus
The infection of a Google employee while in Switzerland reflects the growing risk as the virus spreads beyond China into Europe and Africa.
Bitcoin’s Not a Safe Haven
Global markets continued to slide as investors rushed to safe havens including U.S. government bonds and the yen—but dumped gold and bitcoin.
Sanders Would Tax Options at Vesting
Sanders' proposal would make stock options much less attractive to company employees, disrupting how both startups and more established companies pay people in the tech industry.
Eric Schmidt Warns Silicon Valley Could Lose to China
The U.S. will lose to China if the federal government doesn't step in, former Google CEO Eric Schmidt writes in an op-ed.
Baidu Predicts Revenue Decline Due to Coronavirus
The search giant's revenue will take a hit from the coronavirus, which has contributed to a slowdown in the Chinese economy and online advertising.
AWS Software Exec Adam Bosworth Departs
Former Microsoft veteran joined in 2016 and was leading a top-secret project to build a low-code" application development service.
Nutanix Cuts Forecast Over Coronavirus, Subscription Shift
Data center software provider facing server supply chain uncertainty as well as the revenue reporting shift that comes with selling software via subscription.
Stock Market Plunges Again
All major tech stocks were down again, except Zoom Video, which rose 6% on expectations it will benefit as people travel less and work from home more.
Walmart Expands Its Amazon Prime Competitor
The retailer plans to call it Walmart+, according to a report.
FCC Seeking Hundreds of Millions in Wireless Firm Fines Over Location Data
The FCC is set to fine wireless companies over broken promises to stop sharing users' location data.
YouTube TV to Drop Sinclair’s Sports Networks
The move shows that the streaming TV services which carry cable channels at discount prices are struggling with the cost issues that have long plagued traditional cable.
Facebook Cancels Developer Conference Due to Coronavirus
Facebook said the decision was a “tough call to make,” but that the company needed “to prioritize the health and safety of our developer partners, employees.”
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