Amazon's board of directors approve a 20-for-1 stock split and Amazon says it plans to buy back up to $10B in shares; stock rises 6% after hours
Market summary: 📊 — Another excellent … Robert Hum / CNBC : Amazon stock split could set it up for being included in the Dow Industrials Tim Levin / Insider : Amazon surges after...
Meta elects DoorDash co-founder and CEO Tony Xu to its board of directors; Zuckerberg says Xu has experience “solving complex challenges in commerce”
Meta today announced that Tony Xu, co-founder and CEO of DoorDash, Inc., has been elected to the company's board of directors, effective immediately.
Source: delivery startup Gopuff, which recently launched in London and NYC, raised $1.5B in convertible notes at a valuation of up to $40B
Zuckerberg says he's redirected Facebook teams to serve young adults over older users, and that significant changes to Instagram will lean into video and Reels
Expect changes to Instagram to highlight Reels — Facebook CEO Mark Zuckerberg says he's redirected teams within his company to …
Facebook misses on Q3 revenue, $29.01B vs $29.57B expected, and monthly active users, 2.91B vs 2.93B expected, but beat on EPS of $3.22 vs $3.19 expected
and reason to believe that Facebook will get worse. If Facebook's core business isn't growing as quickly anymore, it will be even more inclined to manipulate users and to use its m...
60 Minutes publishes the eight SEC complaints filed by Frances Haugen against Facebook, covering 2020 election, Jan. 6 riots, teen mental health, and more
For the first time, read the whistleblower's complaints to the SEC that led to 60 Minutes' report on Facebook.
Frances Haugen's prepared Senate testimony: Facebook putting profits over safety has resulted in a system that amplifies division, extremism, and polarization
or Two—Forward This Week Bloomberg : Facebook Whistle-Blower to Share ‘Frightening Truth’ With Senate Gilad Edelman / Wired : This Facebook Hearing Will Be Different Tweets: Adam S...
Around 1,500 Stitch Fix employees quit after new CEO announces they will no longer have flexible work hours and part-timers must work at least 20 hours per week
Caroline O'Donovan / BuzzFeed News :
Shopify expands its one-click checkout, Shop Pay, to any merchant on Facebook or Google in the US, even if they don't use Shopify to power their online stores
Oculus' latest update for its Quest headsets adds a Live Overlay casting feature that allows mixed reality capture with just an iPhone model XS or newer
v29 is packed with features — Oculus will soon roll out its v29 software for Quest and Quest 2 headsets, and this one adds more features and functionality to the lineup.
Weee!, an online grocer specializing in Hispanic and Asian foods, has raised $315M Series D led by DST Global, source says at a $2.8B valuation
Bloomberg :
Twitter acquires newsletter publishing company Revue; the five-year-old Dutch company has six employees and has raised ~$318K
Twitter on Tuesday said it has acquired Revue, a newsletter platform for writers and publishers. — Why it matters: The deal marks Twitter's first step …
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
- The deal would combine Indonesia's two most valuable startups — Discussions with Grab hit impasse over question of control
Twitter says it has acquired screen-sharing social app Squad whose team will join Twitter, and it will shut down the app tomorrow
with Periscope in danger Igor Bonifacic / Engadget : Twitter acquires screen-sharing and video chat startup Squad Andrew Hutchinson / Social Media Today : Twitter Acquires Multi-Pa...
Twitter says it has acquired screen-sharing social app Squad whose team will join Twitter, and it will shut down the app tomorrow
with Periscope in danger Andrew Hutchinson / Social Media Today : Twitter Acquires Multi-Participant Streaming App Squad, Which Enables Screen-Sharing Within Chats PYMNTS.com : Twi...
Eric Ries' Silicon Valley-based Long-Term Stock Exchange opens for trading, nine years after “The Lean Startup” author first proposed it
A new stock exchange backed by Silicon Valley heavyweights is opening for business Wednesday. The Long-Term Stock Exchange can now trade …