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A look at Eindhoven, a small, low-rise Dutch city home to ASML, chipmaker NXP, and other tech companies, which was a focus as the US prepared to restrict China
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t.co
)
2023-2-13
China
Netherlands
A look at Andy Jassy's challenges running Amazon, down by $1T in market cap since he took over: cutting costs, layoffs, boosting Prime subscribers, and more
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t.co
)
2023-2-13
Amazon
Layoffs
Tracxn: foreign VC funding in Indian tech startups fell nearly 40% YoY to $25.7B in 2022; Tiger Global, SoftBank, and Sequoia more than halved their investments
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t.co
)
2023-2-13
India
Startup
Sources: Meta has delayed finalizing multiple teams' budgets while it prepares a fresh round of job cuts, slowing down projects even in priority areas
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t.co
)
2023-2-12
Sources: China Telecom and China Mobile withdrew their ~20% investment in an Asia-Europe subsea cable project after US firm SubCom was chosen to build the line
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t.co
)
2023-2-11
China
Europe
Mobile
Asia
Inside FTX's final hours, described by employees, chat logs, and Sam Bankman-Fried: panic selling assets, trying to raise funds, SBF's silence, and bankruptcy
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t.co
)
2023-2-9
Asset
Chinese lidar maker Hesai raised $190M in its Nasdaq IPO, becoming the first Chinese company to raise $100M+ in the US since October 2021, according to Dealogic
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t.co
)
2023-2-9
China
IPO
Activision CEO Bobby Kotick says the UK could lose out on thousands of jobs by blocking Microsoft's acquisition and accuses Sony of “trying to sabotage” the bid
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t.co
)
2023-2-8
Microsoft
Sony
Filings: Digital Currency Group begins selling shares in investment vehicles run by its subsidiary Grayscale at a steep discount, seeking to repay creditors
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t.co
)
2023-2-7
By seeking a jury trial over breaking up Google's ad business, the DOJ is taking a risky, very unusual step for an antitrust case, which may hinder its chances
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t.co
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2023-2-7
Google
Disney cuts an October 2022 episode of The Simpsons that referred to “forced labor camps” in China from Disney+ in Hong Kong, after a similar removal in 2021
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t.co
)
2023-2-7
China
Hong Kong
Google, Microsoft, and Amazon pursuing investments and deals with generative AI startups, incentivizing use of their cloud services, raises regulatory concerns
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t.co
)
2023-2-6
Google
Amazon
Microsoft
Startup
AI
A profile of blockchain gaming pioneer Yat Siu, who founded Animoca Brands, valued at $5.9B in September 2022, as he copes with the crypto winter and regulators
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t.co
)
2023-2-6
Blockchain
Sources: Google invested $300M in Anthropic, taking a 10% stake in the generative AI startup and requiring it to spend the money on Google Cloud
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t.co
)
2023-2-4
Google
Startup
AI
Amazon, Meta, Alphabet, and Microsoft will collectively incur more than $10B in charges related to mass layoffs, real estate, and other cost savings
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t.co
)
2023-2-4
Amazon
Microsoft
Layoffs
Alphabet
US chipmaker Wolfspeed plans to spend €3B to build a factory in west Germany on the site of a decommissioned coal plant, producing chips for EVs and industry
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t.co
)
2023-2-2
Germany
Sources: UMG is in talks with Tidal and others to overhaul streaming economics to pay artists more; ideas include a “bonus pool” and “superfan” subscriptions
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t.co
)
2023-2-2
The US and India launch an initiative to cooperate on critical and emerging technologies, including quantum computing, AI, and semiconductors, to counter China
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t.co
)
2023-2-1
China
India
AI
Quantum
Spotify reports Q4 revenue up 18% YoY to €3.2B and a €270M loss, up from €39M YoY, as operating costs rose 44% YoY; paying subscribers were up 10M to 205M
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t.co
)
2023-1-31
4Q
Spotify
Sources: the US Department of Commerce told some companies it would no longer grant licenses to export US technology to Huawei, as it moves toward a total ban
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t.co
)
2023-1-31
Ban
Sources detail Twitter's nascent moves to facilitate payment processing for users, a key to becoming a “super app”, as the company files for regulatory licenses
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t.co
)
2023-1-31
Twitter
An interview with Harvard Business School professor Shoshana Zuboff on her frustrations with fragmented efforts to restrain tech companies, privacy, and more
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t.co
)
2023-1-31
Interview
The English Premier League strikes a four-year deal with blockchain fantasy sports startup Sorare; sources say Sorare will pay tens of millions per year
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t.co
)
2023-1-30
Blockchain
Startup
Meme-stock mania companies, including GameStop and AMC Entertainment, have raised $4.7B since the hype began in January 2021, but failed to boost performance
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t.co
)
2023-1-29
What poet, playboy, and prophet of investment bubbles Charles Mackay, plagiarizing in 1841 on the Dutch tulip bubble, can tell us about crypto's rise and fall
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t.co
)
2023-1-28
Netherlands
Over 100 Israeli tech groups let staff join a “warning strike” over controversial government plans to curb judiciary powers, the latest warnings by businesses
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t.co
)
2023-1-27
Israel
FT Alphaville closes its Mastodon server and reflects on why running a social media site is a bad idea, including reputational, legal, and security risks
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t.co
)
2023-1-26
Two European businessmen acquire small UK telecoms company Truphone for £1, following a lengthy government review since backer Roman Abramovich was sanctioned
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t.co
)
2023-1-26
Europe
Sources: Marc Benioff's controversial acquisitions, focus on growth over profits, celebrity relationships, and philanthropic pursuits have vexed shareholders
(
t.co
)
2023-1-25
Sources: Apple is quietly enhancing maps, search, and online advertising on iOS to further separate its services from those offered on rival Android
(
t.co
)
2023-1-25
Android
IOS
Apple
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