Amazon Talked Investments With Companies Then Competed With Them
Tech startups that have discussed taking investments from Amazon were upset when the internet giant ended up competing with them.
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TikTok Launches $200 Million Creators Fund
Even as it faces the threat of a U.S. ban, TikTok is trying to encourage its most popular users to make careers out of posting content on the app.
Google Shopping Waives Commission Fees for Retailers
The decision follows a series updates to Google Shopping since former PayPal COO Bill Ready took over the division in January.
Twitter Hints at Subscriptions, Commerce as Ad Revenue Falls Sharply
CEO Jack Dorsey said Twitter has “taken additional steps” to improve the “resiliency” of its systems after a hack exposed the data of celebrity accounts.
Walmart Sells India Stores to Flipkart Subsidiary
The deal will strengthen Flipkart's competitive position amid growing competition from Amazon.
AT&T CEO Chastises Amazon as HBO Max Hits 3 Million Subs
AT&T's new HBO Max streaming service has 3 million retail subscribers but faces challenges to grow without Amazon and Roku deals.
Tencent-Backed Online Grocery App MissFresh Raises $495 Million
Investors are pouring more money into online grocery apps and other e-commerce services that are in strong demand amid the coronavirus pandemic.
China Launches Unmanned Mission to Mars
If the mission is successful, China will join Russia and the U.S. as the only nations to land a vehicle on Mars.
Nvidia Eyeing Possible Acquisition of Chip Designer Arm
Such a deal would likely face intense regulatory scrutiny since Arm sells its chip software to many other companies, including Nvidia rivals.
Microsoft Sales Jump 13% But Azure Growth Slows
Azure revenue, which grew 72% last year and 59% last quarter, slowed to 47% this quarter.
Tesla Reports Fourth Consecutive Quarterly Profit
Possible inclusion in the S&P stock index could push the stock even higher.
Republicans Want Twitter CEO Dorsey Added to Antitrust Hearing
House Republicans, at the last minute, have asked that Twitter CEO Jack Dorsey be included in next week's congressional antitrust hearing.
Senate Committee Votes to Ban TiKTok on Government Devices
The pressure continues to mount on TikTok to resolve U.S. concerns about its Chinese ownership.
Jamf Soars 77% on Opening Day of Trading
Jamf, which makes software to manage Apple devices, is the latest hot tech IPO.
Apple Defends App Store Ahead of Congressional Antitrust Hearing
A new study commissioned by Apple says its App Store fees are consistent commissions charged by other digital marketplaces.
Italy Opens Investigation Into Sale of Apple Products
Italy becomes the latest European regulator to dig into U.S. tech firms' practices.
The New York Times Names New CEO
Meredith Kopit Levien is taking over as CEO of The New York Times as it has seen huge growth in digital subscriptions.
U.S. Orders Chinese Consulate in Houston Closed
The Trump administration's decision to shut down the Chinese consulate in Houston is the latest sign of the deteriorating relationship between the two nations.
Slack Files EU Complaint Against Microsoft
Slack's complaint ratchets up its pressure on Microsoft, which has taken aim at the smaller firm's collaboration product with its own Teams offering.
China’s Didi Chuxing Launches Low-Cost Ride-Hailing App
The new app is part of Didi's effort to attract cost-conscious consumers in China's smaller cities and rural areas where average incomes are low.
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.
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