Tesla’s 2020 Stock Rally Continues After Q2 Delivery Report
Tesla's market cap is breaking away from former top dog Toyota.
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Insurance Tech Firm Lemonade Stock Soars on Opening Day
Lemonade's IPO was priced higher than initially expected but still well below its most recent private market valuation.
California Sues Cisco for Alleged Caste Discrimination
Although U.S. labor law doesn‘t protect against class-based discrimination, state regulators are arguing the alleged behavior violates religious protections.
U.K. Regulators Question Google Search Deal With Apple’s Safari
The deal between Google and Apple’s Safari could create “a signifiant barrier to entry and expansion” for Google’s rivals in the search engine market.
Zoom Delays Report on Government Data Requests
Report outlining how governments are requesting user data from Zoom, which was due June 30, has been pushed back until later this year.
Apple’s Tim Cook Said to Sign On to House Antitrust Hearing
The Apple CEO has bowed to the inevitable and agreed to testify before Congress, along with fellow chief executives at Facebook, Amazon and Google.
Google Delays Office Re-Opening in U.S.
On Wednesday, Apple also announced that it will close an additional 30 U.S. retail stores this week that it had recently reopened.
Amazon Picks Up ‘Mad Men’ Streaming Rights
Another move by Amazon to bolster its rerun catalogue, while Mad Men's former streaming home focuses almost entirely on originals.
ViacomCBS Hires Former Amazon Exec as CFO
The new CFO, Naveen Chopra, will also oversee corporate development and strategy for the company.
Chinese E-Commerce Company Pinduoduo Appoints New CEO
Pinduoduo, a fast-growing but unprofitable company whose market capitalization is more than $100 billion, is trying to live up to investors' soaring expectations.
Senate Agrees to Extend Paycheck Protection Program
Legislation awaiting House approval would extend the PPP application deadline to August 8.
After Amazon Acquisition, Two Senior Zoox Engineers Go to Waymo
The moves could reflect uncertainty about Zoox’s new owner.
Facebook Says It Is Banning Groups, Users Tied to ‘Boogaloo’ Extremists
The designation, the same that it applies to terrorist organizations, follows more modest steps from Facebook to stem members' activity.
Netflix Hires Endeavor Executive as New Chief Marketing Officer
She replaces Jackie Lee-Jo and is the company's third chief marketing office in the last year.
Google Confirms Purchase of Smart Glasses Company, North
Terms of the deal were undisclosed, though a report last week said Google was set to pay $180 million for the roughly 300-person startup.
Amazon Forms New Cloud Unit for Space Tech
Having already carved out a dominant position in earthbound cloud computing, Amazon Web Services is now expanding into space.
Facebook Asked About Executive’s Role in Resisting Internal Clampdown on Extremists
A trio of Democratic senators sent a letter asking why a Facebook policy executive resisted internal efforts to crack down on polarizing content.
Venture Firm Led by Facebook Co-Founder Eduardo Saverin Raises $820 Million
This is B Capital Group's second fund.
YouTube TV Raises Price to $65
The so-called skinny bundle is raising its price for the third time in three years.
Netflix to Move Some Cash to Black-Owned Banks
It pledges to shift 2% of its cash to institutions that support Black businesses.
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