Sources: Microsoft president Brad Smith defended the company's political contributions in a meeting with employees after some questioned donations from its PAC Techmeme · 19 hours ago
Facebook spent $19.7M on federal lobbying in 2020, up 17.8% YoY, Google spent $7.5M, down 36.2%; Big Five tech companies together spent $61.1M, down 1.8% Techmeme · 24 hours ago
Google says it will remove search function in Australia if media code becomes law Reddit · 2 days ago
Intel beats with Q4 revenue of $20B, down 1% YoY, vs $17.49B est., and Data Center Group revenue of $6.1B, down 16% YoY; stock up 6%+ after hours Techmeme · 2 days ago
IBM reports Q4 revenue of $20.37B, down 6% YoY, vs $20.67B est., Cloud and Cognitive Software revenue, which includes Red Hat, was $6.84B, down 5% YoY Techmeme · 2 days ago
Netflix reports Q4 revenue of $6.64B vs. $6.63B est., up 21.5% YoY, global streaming paid memberships 203.7M, up 8.5M vs. 6.5M est.; stock up 10%+ after hours Techmeme · 4 days ago
Cell-based seafood producer BlueNalu raises $60 million as it preps for market launch Reddit · 4 days ago
WhatsApp delays privacy update over user ‘confusion’ and backlash about Facebook data sharing Reddit · 5 days ago
Ahead of Biden's inauguration, Facebook blocks users from creating new events near the White House and Capitol, restricting features for some users Techmeme · 1 week ago
GitLab is considering going public after an employee share sale valued it at $6B; GitLab revenue crossed $150M annually after growing 74% in the latest quarter Techmeme · 1 week ago
Twitter outlines its plans for Wednesday's Inauguration Day, including transitioning @POTUS and other handles to Biden and archiving several official accounts Techmeme · 1 week ago
Jeff Bezos’ Blue Origin aims to fly first passengers on its space tourism rocket as early as April Reddit · 1 week ago
Accolade, a health care service for employees to manage benefits, is buying telemedicine startup 2nd.MD for up to $460M, in a split cash and stock deal Techmeme · 1 week ago
Poshmark opens up more than 130% on its first day of trading, valuing the company at more than $3B, after raising $277M in its IPO Techmeme · 1 week ago
A group of health and tech companies, including Microsoft, Salesforce, and Oracle, says it is developing a digital COVID-19 vaccination "passport" Techmeme · 1 week ago
Google says it will pause political ads, and those referencing "impeachment, inauguration or protests at the US Capitol" on all its platforms starting Jan. 14 Techmeme · 1 week ago
Airbnb says it is canceling and blocking reservations made for the week of Biden's inauguration in the Washington, DC metro area Techmeme · 1 week ago
Affirm began trading at $90.90, up over 80% after pricing shares at $49; the company raised $1.2B after pricing shares above its $41-$44 range Techmeme · 1 week ago
Intel CEO Bob Swan to Step Down in Feb, VMware CEO Pat Gelsinger to Replace Him Hacker News · 1 week ago
Source: Chinese video platform Bilibili files for a secondary Hong Kong listing, which could raise over $2B Techmeme · 2 weeks ago
Curve, which combines all of a customer's debit and credit cards into one app and a linked "smart" card which they can use for payments, raises $95M Series C Techmeme · 2 weeks ago
Walmart says it will launch a fintech start-up, with Ribbit Capital owning a minority share in the new company Techmeme · 2 weeks ago
China’s move to regulate its giants is part of its bigger push to become a tech ‘superpower’ Reddit · 2 weeks ago
Baidu announces it has formed a strategic partnership with Chinese automaker Geely to create a standalone electric vehicle company Techmeme · 2 weeks ago
A group of Amazon staffers, Amazon Employees for Climate Justice, calls on the company to stop providing AWS services to Parler Techmeme · 2 weeks ago
Analysis: Apple's App Store grossed an estimated $64B+ in 2020, up 28% from an estimated $50B in 2019 and $48.5B in 2018 Techmeme · 2 weeks ago
Hyundai confirms that it is in early discussions with Apple on collaborating to develop a self-driving car, and says Apple is in talks with several car makers Techmeme · 2 weeks ago
Instacart hires Nick Giovanni, current head of Goldman Sachs' technology, media and telecom group, as its CFO; CEO says transaction volume grew 300% YoY in Dec. Techmeme · 2 weeks ago
SoFi says it will go public via a merger with a SPAC backed by Chamath Palihapitiya at a valuation of $8.65B Techmeme · 2 weeks ago
Elon Musk is now the richest person in the world, passing Jeff Bezos this morning with a net worth of $185 billion. Reddit · 2 weeks ago
Roblox announces a $520M financing round led by Altimeter Capital and Dragoneer at a $29.5B valuation, says it plans to go public soon via direct listing Techmeme · 2 weeks ago
DOJ says SolarWinds hackers accessed about 3% of its email accounts, but there's no indication that the breach impacted classified systems Techmeme · 2 weeks ago
In a reversal, NYSE says it will go ahead with its plan to delist China Mobile, China Telecom, and China Unicom, following Mnuchin criticism Techmeme · 2 weeks ago
Enflame Technology, which makes chips designed to process huge amount of data to train AI systems, raises $278.5M Series C from Tencent and others Techmeme · 2 weeks ago
Qualcomm announces CEO Steve Mollenkopf is retiring and current president, Cristiano Amon, will take over on June 30 Techmeme · 3 weeks ago
Haven, the Amazon-Berkshire-JPMorgan venture to disrupt healthcare, is disbanding after three years Techmeme · 3 weeks ago
From working remotely to benefiting from the new normal, tech companies led the way in pandemic response, but fell behind in stopping COVID-19 misinformation Techmeme · 4 weeks ago