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The Briefing
Zoom Gets Hits by Wall Street’s Vaccine Rally: The Information’s Tech Briefing
By The Information Staff · Nov. 9, 2020 5:31 PM PST
Zoom Gets Hits by Wall Street’s Vaccine Rally: The Information’s Tech Briefing

No, Covid has not been cured. But a vaccine that works may be the next best thing, which is certainly the stock market’s interpretation of Monday’s vaccine news from Pfizer. The Dow Jones Industrial Average rose 973 points or 3.4% by the close. Notably, though, the reaction from tech stocks was very mixed. Stocks that had rallied during the pandemic lost ground, and those that got ...

Latest Briefs
 
Adobe to Buy Workfront in $1.5 Billion Deal
By Ross Matican · Nov. 9, 2020
Self-Driving Bot Developer Nuro Raises $500 Million
By Amir Efrati · Nov. 9, 2020
Ex-Disney Executive Kevin Mayer Joins Len Blavatnik’s Investment Firm
By Tom Dotan · Nov. 9, 2020
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Fast, a Startup Backed by Stripe, Discusses Billion-Dollar Valuation
Exclusive Venture Capital Startups
Fast, a Startup Backed by Stripe, Discusses Billion-Dollar Valuation
By Kate Clark
Fast, a two-year-old startup whose technology enables quick checkouts online, is in discussions with investors about a new round of financing between $50 million and $200 million.
Two Senior Lyft Execs Depart on Eve of California Ballot Showdown
Exclusive
Two Senior Lyft Execs Depart on Eve of California Ballot Showdown
By Amir Efrati and Nick Bastone
Two senior executives at Lyft, in charge of strategic initiatives and design, are leaving the ride-hailing firm, The Information has learned.
The Facebook Lawyer Trying to Prevent Election Chaos
Policy
The Facebook Lawyer Trying to Prevent Election Chaos
By Alex Heath
After vowing for four years that it would move quickly to curb misinformation around a heated U.S. general election, Facebook faced a critical moment late in the evening Tuesday.
Why Rally in Snap and Pinterest Stocks May Last
True Value Markets Facebook
Why Rally in Snap and Pinterest Stocks May Last
By Tom Dotan
Snap and Pinterest posted stellar revenue growth for the third quarter, sending their stocks to record highs and putting their valuations well above those of social media peers Facebook and Twitter.
Ant’s IPO Suspension, Wall Street’s Election Day Rally: The Information’s Tech Briefing
The Briefing
Ant’s IPO Suspension, Wall Street’s Election Day Rally: The Information’s Tech Briefing
By The Information Staff
The suspension of Ant Group’s planned IPO scheduled for Thursday is a reminder of how much China’s government dictates the life of Chinese companies.
The Next Congress Will Likely Take on Big Tech. Smaller Internet Companies Want a Voice
Exclusive Startups Policy
The Next Congress Will Likely Take on Big Tech. Smaller Internet Companies Want a Voice
By Christopher Stern and Nick Bastone
A group of more than a dozen medium-size tech companies, including Dropbox, Reddit and Etsy, are in talks to form their own lobbying coalition in Washington, D.C., to ensure that they don’t get swept up in new laws and regulations aimed at restricting the power of big technology companies.