Samsung Electronics heir Jay Y. Lee was sentenced to 30 months in prison over bribery charges; Lee still faces a second prosecution related to succession Techmeme · 1 day ago
Sources: as German car trading service Auto1 plans its IPO, Sequoia and Lone Pine will each buy €50M shares from existing investors and put €50M+ into its IPO Techmeme · 1 day ago
Sources: Citrix is in advanced talks with Vista Equity Partners to buy Wrike for $2B+, after the PE firm acquired the work-management service for ~$800M in 2018 Techmeme · 2 days ago
Yidu Tech, which offers AI software to the health care industry, saw its shares jump 148% in its Hong Kong debut on Friday after raising ~$531M in its IPO Techmeme · 3 days ago
More than 20 current and former CD Projekt staff say development of Cyberpunk 2077 was marred by unchecked ambition, poor planning, and technical shortcomings Techmeme · 3 days ago
Miami PD says it is using facial recognition tech from Clearview AI to identify Capitol rioters, raising concerns among civil liberty and privacy advocates Techmeme · 3 days ago
Sources: Apple has begun preliminary work on an iPhone model with a foldable screen, while testing an in-screen fingerprint reader for 2021 Techmeme · 4 days ago
Sources: Apple to launch redesigned iMacs this year with a Pro Display XDR-like design, and is working on two new Mac Pros, one of which may use Intel CPUs Techmeme · 4 days ago
Netflix diversity report: women make up 47.1% of its global workforce; 8% of US staff are Black, more than 2x the share in 2017; 8.1% of employees are Hispanic Techmeme · 5 days ago
Customer service software provider LiveVox to go public through a merger with a SPAC in a transaction valued at $840M Techmeme · 5 days ago
Norway's consumer protection agency details how Amazon riddles the process of canceling Prime with "dark patterns," calls on regulators to investigate Techmeme · 5 days ago
Report: VC funding in the US reached a record high of $130B in 2020, up 14% YoY, but the total number of deals fell to 6,022, down for the second year in a row Techmeme · 6 days ago
Facebook says it's removing posts of fliers promoting events leading up to Biden's inauguration, echoing warnings from law enforcement about another attack Techmeme · 6 days ago
Sources: Poshmark is pricing its IPO at $42 per share, raising $277M, up from its $35-$39 price initially noted in an earlier filing Techmeme · 6 days ago
Online therapy service Talkspace agrees to merge with a SPAC in a deal worth $1.4B that provides Talkspace with $250M in funding Techmeme · 6 days ago
Internal report: DoD halts deployment on classified networks of its $2B+ cybersecurity system for detecting intrusions and stopping attacks, citing poor results Techmeme · 6 days ago
A look at Spotify's push into podcasting as it seeks profitability: ~2M podcasts are available, up from 2,500 in 2017, and 20% of its users listen to podcasts Techmeme · 6 days ago
Sources: Affirm priced its IPO at $49 per share, above the marketed range of $33 to $38 set earlier this week, raising roughly $1.2B Techmeme · 7 days ago
UK online greeting cards company Moonpig says it will list on London's stock exchange, sources say with an expected valuation of over £1B Techmeme · 1 week ago
CEO of London-based payments company Checkout.com says it raised $450M in funding led by Tiger Global at a $15B post-money valuation, up from $5.5B last year Techmeme · 1 week ago
Germany's Merkel calls Twitter banning Trump "problematic", arguing speech moderation should happen by law, not corporate decision, a sentiment echoed by France Techmeme · 1 week ago
Twitter stock fell 7%+ in first trading since permanently banning Trump; one analyst says Twitter could be inviting regulation by making editorial decisions Techmeme · 1 week ago
Enfusion, a fintech startup specializing in software for asset managers, says Iconiq Growth has invested $150M in the company at a $1.5B valuation Techmeme · 1 week ago
China's most popular workout app Keep raises $360M Series F led by SoftBank's Vision Fund with Tencent among investors, as sources value it at ~$2B post funding Techmeme · 1 week ago
Cisco sues optical interconnect equipment maker Acacia Communications for trying to end a $2.6B merger after Acacia said it failed to get approval from China Techmeme · 2 weeks ago
Hired Russian hacker Andrei Tyurin, who pled guilty in 2019 to stealing data of 100M+ clients of JPMorgan and others, has been sentenced to 12 years in prison Techmeme · 2 weeks ago
Sources: Chinese online grocery delivery startup Xingsheng Youxuan has raised $100M from Tencent at a $5B valuation Techmeme · 2 weeks ago
Sources: China's Baidu has selected CLSA and Goldman Sachs for its planned second listing in Hong Kong, which could raise at least $3.5B Techmeme · 2 weeks ago
Sources: Intercontinental Exchange's Bakkt is in advanced talks to go public via a merger with SPAC; combined entity could be valued at $2B Techmeme · 2 weeks ago
Sources: Apple is developing an autonomous, electric vehicle, which could be released in five to seven years, as it adds more ex-Tesla execs to the project Techmeme · 2 weeks ago
Sources: Robinhood is considering the unusual move of selling some of its shares directly to its own users when it goes public this year Techmeme · 2 weeks ago
CoinGecko data: total market value of cryptocurrencies passed $1T for the first time on Thursday as bitcoin hit $39K Techmeme · 2 weeks ago
Facebook's Andrew Bosworth says its smart glasses, built in partnership with Ray-Ban, will arrive "sooner than later" in 2021 without AR features Techmeme · 2 weeks ago
An oral history from 24 people describing how Microsoft developed the original Xbox, initially an over-budget ungainly product, and reshaped the gaming industry Techmeme · 2 weeks ago
Amazon says it is buying 11 used Boeing 767-300 planes from Delta and WestJet, the first time the company has purchased aircraft for its air cargo operation Techmeme · 2 weeks ago
Study: internet shutdowns cost India $2.8B in 2020, more than double the losses in 2019, and they accounted for about 75% of the $4B lost worldwide Techmeme · 2 weeks ago
Filing: Affirm says it plans to sell 24.6M shares at $33 to $38, seeking to raise up to $934.8M and valuing the company at $9.22B at the top of the range Techmeme · 2 weeks ago
Sources: Indonesia's Gojek is in advanced talks for a merger with local e-commerce giant PT Tokopedia; the combined entity would be valued over $18B Techmeme · 2 weeks ago
Aeva, a lidar company started by two Apple engineers, says it is raising $200M at a ~$3B valuation from a Hong Kong-based hedge fund ahead of reverse merger Techmeme · 2 weeks ago
Bitcoin crosses $30K to reach an all-time high, after growing almost 50% in December Techmeme · 2 weeks ago