Sources: some US news outlets prepare for shortfalls as Meta weighs ending fees for news; annual fees averaged $20M+ for NYT, $15M+ for WaPo, and $10M+ for WSJ
Daily News Snapshots — Draghi's ECB Consigned to History … Anusuya Lahiri / Benzinga : Facebook Appears To Migrate Investments From News To Better Compete With TikTok Tweets: @s_m_i : i legit checke...
Filing: Elon Musk acquires a 9.2% stake in Twitter, worth ~$2.89B at Friday's market close, becoming its largest shareholder; Twitter shares rise 27.2%
You may have already heard the news that shocked the internet yesterday... Michelle Chapman / TIME : Elon Musk Will Join Twitter's Board of Directors Yashu Gola / Cointelegraph : Elon Musk's Twitter i...
Apple misses with Q4 revenue of $83.4B, up 29% YoY, vs $84.85B est., iPhone revenue of $38.87B, up 47% YoY, services revenue of $18.3B, up 25.6%; stock down 3%+
its fastest year of growth since 2012. Net income for the year: $94.7bn. @parikpatelcfa : Microsoft has just overtaken Apple to become the largest company in the world by market cap. This makes sense ...
Clubhouse raises Series B led by a16z, says it has 180+ investors, and will test options for paying creators and begin work on an Android app soon
When I first met Paul Davison, it took about 10 seconds to realize … Tae Kim / Bloomberg : Forget TikTok. Clubhouse Is Social Media's Next Star. Darrell Etherington / TechCrunch : Clubhouse announces ...
Sources: VCs have approached Clubhouse about investing in its next round at ~$1B valuation, a 10X increase from the previous round; a16z is expected to lead
The race to invest in social audio app Clubhouse is on again. Venture capital firms have approached the startup's founders … Tweets: @alexeheath , @alecstapp , @benedictevans , @basti , @wongmjane , ...
Sources: VCs have approached Clubhouse about investing in its next round at ~$1B valuation, a 10X increase from the previous round; a16z is expected to lead
The race to invest in social audio app Clubhouse is on again. Venture capital firms have approached the startup's founders … Tweets: @alexeheath , @jenniferm_q , @rainygay1 , @kantrowitz , @dolarvalu...
A look at Peloton, which may raise $1.2B in this week's IPO and sells $2.3K iPad-equipped stationary bikes and $40/mo. cycling video subscriptions to 510K+ subs
13 reasons this bike has a cult — It makes lazy people like me work out. That's the genius of the Peloton bicycle. Tweets: @joshconstine , @austen , @joshconstine , @joshconstine , @joshconstine , ...
Sources: Benchmark plans to keep its next fund, expected early next year, about the same size as its previous ones, eschewing trend in VC to raise larger funds
Rolfe Winkler / Wall Street Journal : Tweets: @austenallred and @rolfewinkler Tweets: Austen Allred / @austenallred : So is no one going to talk about how Benchmark arranged a $650 million personal c...