Sources: WarnerMedia is weighing two new streaming services, with a subscription service based on CNN content in 2021 and a free entertainment service for 2022
With Ads Mitchell Clark / The Verge : Hope you weren't planning to watch Wonder Woman 1984 with an HBO Max free trial Tweets: Jessica Toonkel / @jtoonkel : WarnerMedia is discussing a couple more vide...
Sources: after the election, Zuckerberg agreed to temporarily tweak Facebook's algorithm to make authoritative news like CNN and NYT appear more prominently
Good morning! This Wednesday, markets are booming … Charlesarthur / The Overspill : Start Up No.1437: new Honor phones to struggle for chips, UK government accused of blocking FOI, Covid's smart muta...
Zuckerberg: Facebook could get to about half of staff working remotely permanently in 5-10 years and will be the “most forward-leaning company on remote work”
don't shoot the messenger. Fili-Perf / @fabrantes : This is big coming from Facebook, it has never been a remote friendly company. I'm loving this trend of increased decentralization. https://twitter....
Sources: Amazon changed its search algorithm last year to boost items that were more profitable for it, overriding internal dissent from lawyers and engineers
Jeff Bezos opened his 2016 letter to Amazon shareholders like this: Jon Brodkin / Ars Technica : WSJ: Amazon changed search results to boost profits despite internal dissent Victoria Song / Gizmodo : ...
Sources: WeWork is considering seeking a valuation of ~$20B-$30B in its US IPO, marking a significant reduction from an earlier valuation of $47B
Data Sheet New York Times : WeWork Parent Considers Reducing Valuation Before I.P.O. Thomas Franck / CNBC : WeWork is dramatically slashing its IPO valuation to less than $25 billion because of weak d...
Investigation finds 4,152 items on Amazon that were declared unsafe by federal agencies, are deceptively labeled, or are banned by regulators
but which really wasn't. “Amazon in court argued it didn't sell the helmet but merely listed it on the seller's behalf.” https://www.wsj.com/... Joanna Stern / @joannastern : Things @WSJ found on Amaz...
A look at how many founders and early-startup executives wrestle with issues like anxiety, drug addiction, insomnia, depression, and binge eating
The swashbuckling creativity that drives many entrepreneurs often comes with inner demons; on IPO day, dread and a cold wet suit Tweets: @shalini , @scottmaustin , and @saraheneedleman Tweets: Shalini...
Food delivery app DoorDash raises $600M led by Darsana Capital Partners at a $12.6B valuation, just three months after it raised $400M at a $7B valuation
On the heels of our unprecedented growth … TechCrunch : How to avoid an IPO — Hello and welcome back to Equity … Eliot Brown / Wall Street Journal : DoorDash's Valuation Soars to $12.6 billion as Mo...
Uber sets IPO price range of $44 to $50 per share, plans to raise up to $10.35B at a valuation of up to ~$84B
or maybe it's $91.5 billion. Depends how you like to count shares. https://www.bloomberg.com/... Ingrid / @ingridlunden : The reasons for the huge drop: last year it divested in Russia and SE Asia and...
Autonomous vehicle startup Zoox names Intel exec Aicha Evans as CEO, making her one of the most high-profile black women running a Silicon Valley tech company
where she was Chief Strategy Officer—running comms + devices, chips for mobile + their push into autonomous vehicles... http://www.wsj.com/... Scott Austin / @scottmaustin : Aicha Evans will be the ne...