Uber’s Stock Rises on Profitability Projection
Ride-hailing makes money, but that may not be enough to bring Uber's stock back to its IPO price.
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ViacomCBS’s Streaming Strategy Takes Shape
The company is looking to launch an ad-supported streaming service as well as a separate subscription offering.
Pinterest Rises on Strong Revenue and International Growth
The company beat estimates for revenue sending its stock up in after-hours trading
Cities Struggle to Hire Bus Drivers. Is Uber to Blame?
Transit agencies are facing a labor crunch as employers—including, possibly, ride-hailing companies—compete for drivers.
Another Investigation Brought Against Google Over Sonos Complaint
The speaker maker has also filed a lawsuit against Google and testified before Congress to describe what it believes to be anti-competitive behavior.
Birchbox Lays Off 25% of Employees
The direct-to-consumer cosmetics company has struggled in recent years amid growing competition.
SoftBank Facing Pressure From Activist Investor
Paul Singer's Elliott Management built up a stake in SoftBank and began advocating governance and transparency changes after the WeWork debacle.
Reports That China Coronavirus Whistleblower Died Spark Anger Online
China’s censors have allowed the online publication of at least some of an unusual outpouring of grief toward Beijing's handling of the virus.
Casper Shares Rise 13% in First Day of Trading
Casper's upbeat opening follows a big revision down in the size of the IPO. How the stock trades in coming days will be key.
Twitter Reports Lower Profit as Costs Rise
Twitter is expanding headcount in engineering, product and research as it tries to improve the service and reduce disinformation.
EU Ramps Up Scrutiny of Facebook’s Data Practices
EU regulators are requesting Facebook internal documents to investigate whether the social media giant leveraged user data for competitive reasons.
Huawei Sues Verizon Over Alleged Patent Infringement
Huawei's lawsuit against Verizon comes amid the controversial Chinese tech giant's larger battle with the U.S. government.
Apple Supplier Foxconn Won’t Return to Full Output Until Late February
The number of Chinese workers returning to Foxconn after the Lunar New Year holiday is expected to plummet due to the coronavirus outbreak.
Chinese Regulators Suspend Antitrust Probe of Tencent Music
The suspension is good news for the Chinese music streaming service, which is the master license holder for most foreign music in China.
SEC Inquiry Into IPO Trading Expands to Banks
Expansion of the SEC inquiry puts major banks that lead many tech IPOs in the spotlight.
Startup HashiCorp Hires Sales Chief From VMware
Cloud startup that works with Amazon Web Services, Microsoft, and Google appears to be headed for an IPO amid strong sales growth.
WarnerMedia Creates Special Studio Division to Make Streaming Movies
Launch of Warner Max is a potentially revolutionary move for Hollywood, where more movies will be made to debut on streaming services rather than in a theater.
CIA May Use Cloud Providers Besides AWS
Newly filed documents suggest that the CIA is aiming to use services from multiple cloud providers in the future.
LinkedIn CEO Stepping Down, Microsoft Reorganizes Windows
The exit of Jeff Weiner, LinkedIn CEO since 2008, comes four years after Microsoft bought the business-focused social network firm.
Tinder Loses Chief Product Officer
He clashed with Tinder's CEO about the product direction of the popular dating app.
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