Coronavirus Fears Slam Tech Stocks
Several major tech stocks dropped more than 4% amid a sell-off caused by worries about the spreading virus.
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SoftBank’s Vision Fund 2 Starts Making Investments
SoftBank's second Vision Fund is starting to put money to work with this investment in Behavox, a company that makes software to monitor employee compliance.
Samsung Could Be Next to Face Production Issues Due to Coronavirus
Samsung, which buys components from China and operates in South Korea, could be the next big smartphone brand to face production delays due to the coronavirus.
Intuit Nearing Deal to Buy Credit Karma for $7 Billion
The deal comes two years after Credit Karma raised $500 million from Silver Lake at a $4 billion valuation.
Intuit Nearing Deal to Buy Credit Karma for $7 Billion
The deal comes two years after Silver Lake invested $500 million into Credit Karma at a $4 billion valuation
Google and State AGs Settle on Use of Consultants in Antitrust Probe
Google had raised concerns over two of consultants for the state AGs who had worked for competitors and been outspoken about the search giant in the past.
Media Companies in Talks to Acquire Vudu and Tubi
The deals show big media companies are interested in acquiring streaming services that give them broad distribution.
Vox Names New CFO
The hiring comes a few days after Vox named a new independent board member, signaling that the company may be inching toward a public offering
Shopify Joins Facebook’s Libra Project
The addition of Shopify brings a boost to the troubled digital currency initiative after numerous setbacks.
Trump Buys YouTube’s Top Spot Ahead of Election Day
Online advertising will be a central battleground for the presidential campaign.
Fidelity Buys Stake in Hong Kong Crypto Trading Platform BC Group
The move by Fidelity, one of the largest asset managers and brokers in the world, shows how traditional financial institutions continue to court crypto.
Google, State AGs Clash Over Records Requests
The company is said to be pushing back against demands to turn over more documents in a probe into possible anticompetitive practices.
China’s 5G Telecom Projects Face Delays Due to Coronavirus
Wuhan, the epicenter of the outbreak, is home to China's biggest suppliers of fiber-optic cables used by the country's telecom giants.
Court Clears Tesla to Resume Work on German ‘Gigafactory’
The battery-and-car plant can resume construction in the backyard of Tesla’s main combustion-engine car rivals.
Dropbox Expects to Be Profitable by Year’s End
The company’s shares dropped more than 15% last year, but the latest results show that its prospects are improving.
Amazon Is Worrying About the Impact of the Coronavirus
The company is worried that the shutdown of many Chinese factories as a result of the virus will affect its sellers' supply.
Microsoft Developing Antivirus Software for iOS, Android
After launching antivirus software for macOS last year, Microsoft is now bringing its cybersecurity capabilities to mobile devices for the first time.
To Avoid Bias, Google AI Tool Will No Longer Assign Gender Labels
Instead of labeling someone as a “female” or “male,” the tool—known as Google’s Cloud Vision API—will now provide non-gendered labels like, “person.”
ViacomCBS Confirms Streaming Plans, Reports Profit Drop
ViacomCBS' more aggressive streaming plans pits it against a slew of other media and tech companies already in the streaming market.
Morgan Stanley to Buy E*Trade
The investment bank acquired the online broker for $13 billion in another sign of how technology is reshaping the traditional banks.
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