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Weekday Mornings
The Information AM
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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Recent Editions
Amazon Posts Sluggish Online Sales Growth
Amazon continued to see <em>slow</em> growth due to a slowdown, along with excess operational costs due to overstaffing and overbuilding of warehouses.
Web3 Startup Helium Reportedly Listed Fake Customers on Its Website
The unicorn startup had been lauded as the rare real-world use case for crypto.
Chinese Government Entity Tried to Open Stealth TikTok Account
The government entity's attempt to create a stealth account met with a pushback from TikTok's executives and the app says it declined the request.
Microsoft’s Github Service Hits $1 Billion in Customer Commitments
Microsoft's decision to plunk down more than $7 billion to acquire the top code-sharing service for open-source software developers appears to be paying off.
U.S. Passes $52 Billion in Chip Subsidies to Boost Production, Counter China
Things could get messy as every Western chip developer tries to dip into the new money well.
U.S. Treasury Investigating Kraken for Violating Sanctions
Kraken has been under investigation from the Treasury Department’s Office of Foreign Assets Control since 2019
Amazon Hikes Prime Fees in Europe as Inflation Rises
The announcement comes as the e-commerce giant grapples with slowing online sales and rising costs due to inflation.
Two SoftBank Vision Fund Executives to Join Rajeev Misra’s New Fund
Rajeev Misra, who recently stepped back from his main roles at SoftBank, is starting a new fund by raising money from Abu Dhabi.
Amazon Posts Sluggish Online Sales, Strong AWS Growth
Amazon continued to see slow growth due to a slowdown in retail sales, along with excess operational costs due to overstaffing and overbuilding of warehouses.
Jack Ma to Relinquish Control of Ant Group
The outspoken Chinese billionaire would give up some of his voting rights in the digital financial powerhouse whose $35 billion IPO was stopped by authorities.
Roku Stock Plummets on Weak TV Ad Demand
The streaming company forecast just 3% revenue growth in the third quarter, blaming a slowdown in TV advertising.
Apple Shares Rise Despite Weak Revenue Growth, Profit Decline
Apple posted weak quarterly results compared to its unusually strong performance in 2021, when it saw a surge in consumer spending.
Intel Shares Drop 10% As Quarterly Sales Growth Plummets
Intel, which has already been grappling with the effects of the global chip shortage, is now trying to address internal missteps in product design and other areas.
Variant Raises $450 Million For Two New Crypto Venture Funds
The funds mark the latest in a string of crypto venture capital firms raising money despite a collapse in crypto asset prices.
Instagram Walks Back Feed Changes After User Uproar
Instagram scales back its test featuring more recommended posts after user backlash.
Meta Cuts Funding for News Publications
The company will stop paying news publications for content to populate its Facebook News tab.
Google Delays a Phase-Out of Chrome Ad Trackers to 2024 as Antitrust Trials Loom
Antitrust concerns could be a key reason Google is taking its sweet time to kill cookies on Chrome.
Meta Platforms Reports First-Ever Revenue Drop and Projects More of the Same in Q3
The ad downturn is hurting Facebook's parent company a lot more than Google.
Weekday Mornings
The Information AM by Myk Klemme
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