Data Management Firm Veeam Acquired for $5 Billion
Veeam, a 13-year-old data management company based in Switzerland, plans to increase its presence in the U.S. after the acquisition closes.
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Lime Lays Off 14% of Employees, Pulls Out of A Dozen Cities
The scooter startup had pledged to slash local operating costs to burn less cash. "Financial independence is the goal for 2020," CEO Brad Bao wrote to employees.
Official Data Suggests iPhone Shipments in China Fell 13% in Q4 2019
The data offers early clues to Apple’s performance in China ahead of its latest quarterly earnings due Jan. 28.
Facebook Sticks to Political Ad Policy That Allows False Claims
Facebook will give users more control over political ads they see in a policy that departs from the more restrictive approach taken by Google and Twitter.
WeChat’s Mini Programs Are Gaining Traction
The development of WeChat's mini programs is crucial to Tencent's ability to keep increasing its revenue.
Researchers Uncover Security Flaws in TikTok
TikTok owner ByteDance is already under scrutiny by U.S. officials who fear that the popular Chinese-owned app could pose a security risk.
HP to Xerox: Drop Dead
HP's latest response to Xerox appears to rule out any possibility of a negotiated deal, unless Xerox raises its offer price.
Oracle’s Chief Marketing Officer Departs
Rupal Shah Hollenbeck, a former Intel executive who joined Oracle as senior vice president and CMO in December 2018, has left the company.
Katzenberg and Whitman Debut Quibi
Streaming Service will launch in April with a handful of new shows and questions
Inside Twitch: Struggles With Ad, Audience Growth
The live-streaming platform is struggling to grow ad revenue significantly.
Grubhub in Play as Food Delivery Preps for Consolidation
In the cash-burning U.S. food delivery market, the only way forward is M&A.
Cuomo Calls for New York Law Protecting Gig Workers
Cuomo's comments suggest New York may follow California in requiring companies like Uber and DoorDash to give benefits to drivers and other contractors.
Facebook: We Should Have Acted Faster on Pelosi Video
Facebook’s Monika Bickert told a congressional panel the company should have moved faster to label as false a video that made House Speaker Pelosi appear drunk.
Apple News’ Readership Grows 17%, Apple Says
Apple's update shows monthly use of its free news app is growing, although it's given no update on subscriber numbers for its paid news subscription service.
TikTok Bans Misleading Information
TikTok said Wednesday issued a ban on "misleading information" on its platform, a clear play to differentiate itself from rival Facebook.
Tencent Teams Up With Chinese State-Owned UnionPay on Payments
The tie up could help China's state-owned banks, which dominate offline transactions, regain ground in China's booming digital payments sector.
Samsung’s Profit Beats Forecast Amid Hopes for Chip Recovery
Investors are looking for signs of a rebound after slumping chip prices hurt Samsung's earnings.
Ivanka Trump Talks Future of Work at CES
The talk, which stirred controversy in its build up, went over smoothly, as Trump spoke mostly on the need to help American workers develop new skills.
What Uber Left Out of Its Safety Report
Why are Uber and Lyft vehicle collision data being kept a secret?
SoftBank-Backed Zume Plans to Lay Off 80% of Staff
Zume, known for a pizza-making robot, is expect to cut about 400 of its 500 employees after struggling to raise more funds.
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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