Sources: ISPs in the US are seeing delays as long as 60 weeks, more than double previous waits, when ordering internet routers, due to the global chip shortage Techmeme · 45 mins ago
Profile of Francis Suarez, the mayor of Miami, who tweets relentlessly about Miami's merits as a hub for the tech industry, but has a relatively powerless job Techmeme · 4 hours ago
Sources: Sony's PlayStation organization has shifted its development focus to prioritize AAA games at the expense of projects from its niche teams and studios Techmeme · 4 hours ago
Current and ex-employees say inattention to data protection at Verkada is emblematic of a "bro culture" that tolerated sexual harassment, misleading customers Techmeme · 4 hours ago
Sources: Byju's is raising about $1B from B Capital and others at a valuation of about $15B, with plans to raise a further $200M to $300M in the coming weeks Techmeme · 4 hours ago
Sources: Didi Chuxing has filed confidentially with the SEC for an IPO that could value it at $70B-$100B, and is raising $1.5B in debt financing from banks Techmeme · 20 hours ago
Sources: Abu Dhabi's state fund Mubadala has started preparations for a US IPO of GlobalFoundries that could value the chipmaker at about $20B Techmeme · 1 day ago
Sources: Didi Chuxing is raising $1.5B in debt financing from banks ahead of a potential US IPO that could value the company at about $100B Techmeme · 1 day ago
The union election signaled a big shift in Amazon's labor relations, but Amazon will now cite its outcome as vindication for its employment policies Techmeme · 1 day ago
Tencent-backed Linklogis, which develops fintech for supply chain industry, rises $11% in Hong Kong debut after pricing its $1.02B IPO at HK$17.58 per share Techmeme · 2 days ago
Amazon offers a rare insight into its Indian business over the past decade: $3B of Indian-made goods exported, 1M+ local jobs created, and 250,000 new sellers Techmeme · 2 days ago
Cryptocurrency mining company Riot Blockchain says it will buy Texas-based Bitcoin hosting facility Whinstone for $80M in cash and around $570M in stock Techmeme · 2 days ago
Box says KKR is leading a $500M investment in the company via preferred convertible stock; Aaron Levie will step down as chairman but will remain as CEO Techmeme · 2 days ago
Sources: Twitter discussed acquiring Clubhouse for around $4B but the talks fell apart; Clubhouse is now looking to raise funding at a $4B valuation Techmeme · 3 days ago
Peter Thiel says he is a pro-Bitcoin maximalist, but Bitcoin threatens fiat money and might be used by China to undercut the US dollar's reserve currency status Techmeme · 3 days ago
Philadelphia-based recruiting and HR software developer Phenom raises $100M at a $1.3B valuation led by B Capital Group Techmeme · 3 days ago
How Intel's missteps let competitors surpass it in key areas, driven by cultural complacency, a manufacturing shift to Asia, and missed mobile opportunities Techmeme · 3 days ago
A look at #DeclineNow, a group of DoorDash drivers trying to game DoorDash's algorithm by rejecting low paying deliveries in order to get higher rates Techmeme · 4 days ago
BitMEX cofounder Arthur Hayes turns himself in to US authorities six months after BitMEX was accused of trying to avoid implementing money laundering controls Techmeme · 4 days ago
Sources: Clubhouse is in talks to raise funding from investors in a round valuing the business at about $4B, following its reported valuation of ~$1B in January Techmeme · 4 days ago
Companies that make $1 display driver chips can't keep up with surging demand, causing serious production problems for products with LCD displays like laptops Techmeme · 4 days ago
EU says a number of institutions, including the European Commission, were hit by a significant cyberattack last week, although no data breach has been detected Techmeme · 4 days ago
As the pandemic drags on, new shows are harder to come by for streaming services; report: the number of originals Netflix released so far in '21 is down 12% YoY Techmeme · 5 days ago
Sources: Enjoy Technology, which runs mobile tech retail stores and is led by ex-Apple exec Ron Johnson, is in talks to go public via SPAC at a $1.6B valuation Techmeme · 5 days ago
Documents show the US is pressing ahead with plans to impose retaliatory tariffs totaling ~$1B annually on six countries that tax internet-based companies Techmeme · 5 days ago
How Facebook's stance that it won't ban posts unless they "cause imminent harm", reversed in Feb. 2021, has led people to believe dangerous lies about COVID-19 Techmeme · 1 week ago
Uruguay-based dLocal, which offers payments processing services in 29 countries, raises $150M at a $5B valuation, quadrupling its valuation from September 2020 Techmeme · 1 week ago
UK's CMA says Facebook will face an in-depth review of its $400M purchase of GIPHY after the company failed to address antitrust concerns Techmeme · 1 week ago
Sources: before the pandemic, Amazon explored opening discount stores selling home goods and electronics to clear unsold inventory sitting in its warehouses Techmeme · 1 week ago
TSMC says it plans to spend $100B over the next three years to expand its chip fabrication capacity Techmeme · 1 week ago
Sources: draft Biden executive order would require companies doing business with the federal government to report hacks of their networks within a few days Techmeme · 1 week ago
Squarespace says it is acquiring online restaurant services provider Tock for over $400M in cash and stock Techmeme · 1 week ago
Sources: Comcast's NBCUniversal is considering pulling its movies from HBO Max and Netflix and keeping future releases for Peacock Techmeme · 1 week ago
Google promises not to silence workers discussing pay, as part of a settlement with a new union that represents hundreds of employees and contract workers Techmeme · 1 week ago
Chinese cryptocurrency wallet imToken raises $30M Series B led by Qiming and says it has 12M users with over $50B in crypto assets Techmeme · 1 week ago
Source: Apple is planning to announce a mixed reality headset "sometime" in the next several months, possibly at an in-person event Techmeme · 1 week ago
A group of ad-tech companies, including PubMatic, details SWAN, an anonymous identifier that lets users control ads they see, as an alternative to web cookies Techmeme · 1 week ago
BrightInsight, which helps drug/device makers build apps for patients and doctors, raises $101M Series C led by General Catalyst, source says at $750M valuation Techmeme · 1 week ago
Deliveroo IPO raises $2.1B, after pricing shares at 390 pence per share, amid rider and investor revolt Techmeme · 2 weeks ago
Coursera prices its shares at the top of the IPO range, at $33, raising $519M and giving it a market value of ~$4.3B Techmeme · 2 weeks ago
Chinese grocery app Nice Tuan, which focuses on community group buying and claims to have 15M orders per day, raises $750M led by Alibaba and DST Global Techmeme · 2 weeks ago
HighRadius, which offers accounts receivable software with features like invoice payment date prediction, raises $300M and is now valued at $3.1B Techmeme · 2 weeks ago
Facebook says Chief Revenue Officer David Fischer will be leaving the company in the fall after more than a decade Techmeme · 2 weeks ago
Tesla (TSLA) And Elon Musk’s Dominance Is Threatened By Volkswagen – Elon Musk’s Upstart Still Rules, But Traditional Automakers Are Catching Up Fast. Reddit · 2 weeks ago
Sources: shares of ByteDance are trading at a $250B+ valuation in the secondary market; CB Insights said ByteDance's valuation was $140B in last fundraising Techmeme · 2 weeks ago
FTC abandons its antitrust lawsuit against Qualcomm, says it won't seek a Supreme Court review of a 2020 federal appeals court decision that acquitted Qualcomm Techmeme · 2 weeks ago
After a monthslong campaign, the union election for Amazon workers in Bessemer, AL, has concluded and vote counting begins on Tuesday, overseen by the NLRB Techmeme · 2 weeks ago
Sources: Didi Chuxing is planning to raise as much as $500M for its self-driving unit at a valuation of ~$6B Techmeme · 2 weeks ago
PwC: total value of crypto M&A in 2020 more than doubled to $1.1B from 2019, average deal size rose to $52.7M from $19.2M, and fundraising was up 33% YoY Techmeme · 2 weeks ago