Intel reports Q1 revenue down 36% YoY to $11.7B, vs. $11.04B est., its largest quarterly loss yet, and Data Center and AI revenue down 39% YoY to $3.7B
Microsoft and Intel's fortunes have now diverged. … Tweets: Stephen Shankland / @stshank : Another hard quarter for Intel, with a net loss of $2.8B on revenue of $11.7B, but not as deep as expected, a...
Flowcarbon, a blockchain-based carbon credit trading service backed by WeWork's Neumann, raises $32M led by a16z and $38M from selling its Goddess Nature Token
When I was 22, I spent several months working in the field in South Africa. Jamie Redman / Bitcoin News : Wework Co-Founder Adam Neumann's Crypto Project Secures $70M, Funding Round Led by A16z Luiz R...
Mozilla launches “Fix-The-Internet” incubator offering $75K for early-stage startups, $16K for pre-startup teams, and $10K for the best ten community projects
After testing the waters this spring with its incubator-esque MVP Lab, Mozilla is doubling down on the effort … Tweets: @stshank Tweets: Stephen Shankland / @stshank : Mozilla's fix-the-internet effor...
Toronto-based password manager 1Password raises $200M Series A led by Accel, its first external round of funding in its 14-year history
CEO of 1Password. Why?! Growth at all costs is a San Francisco ideology. We should replace it with humane ideology: bind scale to responsibility. The societal cost of all-costs growth is everything. h...
Lyft S-1: 2018 revenue of $2.2B up 100% YoY, gross bookings of $8.1B from 1B+ rides, loss of $911M, up 32% YoY, 39% market share in the US, up from 22% in 2017
So Are Losses Walter Frick / HBR.org : The Strategy Question at the Center of Lyft's IPO Axios : Lyft files first for IPO in litmus test for the industry Harper Neidig / The Hill : Lyft files to go pu...
Browser maker Opera closes up ~10% on first day of trading in the US after raising $115M in its IPO and an additional $60M via private sale to Bitmain and IDG
Stephen Shankland / CNET :
Browser maker Opera closes up ~10% on first day of trading in the US after raising $115M in its IPO and an additional $60M via private sale to Bitmain and IDG
Stephen Shankland / CNET :
Mozilla reports $520M in 2016 revenues, up 24% YoY
Stephen Shankland / CNET :
Mozilla reports $520M in 2016 revenues, up 24% YoY
Stephen Shankland / CNET :