Casper Prices IPO at Low End of Range
Casper's offering is shaping up to follow the poorly performing tech IPOs of 2019, such as Uber and Lyft. Thursday's public debut of Casper shares will be closely watched.
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DOJ Google Probe Homes In on Ad Tools
The Justice Department is talking to publishers and advertising agencies as part of its antitrust probe into Google.
Spotify Buys The Ringer in Latest Podcasting Purchase
Spotify's latest podcasting acquisition reflects the company's hopes to diversify its business.
U.S. Plans to Discuss New Restrictions on Huawei
The discussions come as Washington is trying to limit the Chinese tech giant's role in the next-generation telecom networks around the world.
Apple Supplier Foxconn Cuts Revenue Growth Forecast Amid Outbreak
The revised forecast comes amid the coronavirus outbreak in China, and it could be slashed further if the China requires factories to stay closed longer.
Apple News Executive Departs
The departure of the head of business isn’t surprising given earlier reports that Apple News Plus has disappointed some publishers.
Amazon Is Fourth U.S. Company Worth $1T
Amazon's climb to the $1 trillion market valuation is notable as it comes despite controversy, regulatory scrutiny and criticism from President Trump.
Snap’s Momentum Slows as It Settles IPO Lawsuit
Snap has a long way to go to get its costs under control, but its ephemeral messaging app is still growing.
Disney Reports 28 Million Subscribers for Disney Plus
After just three months, Disney Plus has half as many subscribers as Netflix has signed up in the U.S. after a decade of operation.
Cisco Systems Shutting Down Personal Assistant App
The decision to shutter the Accompany application comes less than two years after Cisco acquired the company that developed it.
Instagram Made $20 Billion in 2019
The number gives the fullest picture yet of how important Instagram has become to the future of its parent company, Facebook.
New York Stock Exchange Parent Bids for eBay
The exchange's parent is primarily interested in eBay's marketplace business and would likely sell its classified unit if its bid succeeded.
YouTube Ad Figures Left Some Analysts Unimpressed
YouTube’s ad numbers reveal that it trails social media rivals such as Facebook and Twitter in average revenue per user.
Top U.S. Exec at SoftBank’s Vision Fund Is Leaving
The departure comes as SoftBank endures increased criticism of its investments, particularly its support of the struggling coworking business WeWork.
Top Antitrust Official Recuses Himself From Google Case
The move signals the investigation is moving forward and that the Justice Department may see the recusal as necessary before any next steps.
China’s Starbucks Rival Denies Fraud Allegations
Luckin Coffee's Nasdaq-listed stock plunged last week after an anonymous report published by a short seller alleged it fabricated some numbers.
Task Management Software Company Asana Preps Direct Listing
Asana would be following Slack and Spotify if it opts for a direct listing, which lets companies limit banker fees and protects existing stakeholders from dilution.
Zuckerberg Gets Another Ally on Facebook’s Board
One of CEO Zuckerberg’s longtime friends, the CEO of Dropbox, is joining Facebook’s board at a time when the company is under pressure to add more diversity.
Microsoft Glitch Takes Down Teams For Three Hours
The issue stemmed from an expired authentication certificate, which is a problem that companies of all sizes sometimes encounter.
Alphabet Details YouTube, Cloud Revenue Numbers for First Time
The figures provide a detailed look at Alphabet's YouTube and cloud computing business that investors have long clamored for.
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