Last year, a Chinese startup that makes ultra-thin blankets to keep shipments of food and drink cold got a big break: Walmart decided to use the blankets in its 30 e-commerce depots in China. The startup got the lucrative deal through a special Walmart program, known as Omega 8, which recruits Chinese tech firms to develop technology for the retailer’s stores and warehouses.

Walmart set ...

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It seems that bitcoin’s run-up has some staying power, with its price holding steady this week at about $8,000. But that doesn’t mean all crypto companies are fully back on their feet. Circle confirmed Tuesday that it was laying off about 10% of its staff, citing new market conditions and an unfavorable regulatory environment for crypto in the U.S.

While some crypto companies ...

Amid the cutthroat food-delivery wars, one hot startup has tried to stay under the radar to avoid alerting its rivals to its business model. But the word is getting out.

GoPuff, a Philadelphia-based company that promises to deliver late-night beer, snacks and Juul pods to college students “when the party must go on,” appears to have raised more than $150 million from venture capital ...

Should Uber’s rocky initial public offering spoil the appetite of investors for Postmates, the meal delivery business expected to go public in the coming months?

When President Donald Trump decided to block Huawei’s access to U.S. technology last week, the Chinese company already had been developing its own chips and stockpiling parts from American suppliers to prepare for the worst. That clearly wasn’t enough.

Huawei was broadsided by Google’s decision over the weekend to restrict its access to Android, which powers all of the ...

As the 2020 election cycle shifts into high gear, streaming video and audio companies such as Hulu and Spotify are looking to capture a bigger part of the expanding digital political advertising market, which Facebook and Google dominate.

Hoping to cash in on Americans’ growing appetite for news and entertainment delivered via streaming services, the companies are hiring executives, ...

A few years ago, Google began hiring Apple engineers responsible for developing a mobile chip that helped give iPhones and other devices a technical edge. But recently, some of those same engineers have left Google’s chip team, in a potential setback to its ambitions to build key ingredients in its own devices.  

Three chip engineers—Manu Gulati, John Bruno and Vinod ...

Cisco Systems held preliminary discussions recently with HashiCorp about an acquisition of the startup whose software manages applications running across multiple cloud providers, according to three people with direct knowledge of the talks.

The talks, which took place over a month ago, don’t appear to have advanced very far though, with one of the people saying there are currently no ...

CBS Corp. has expressed interest in acquiring cable channel Starz from Lions Gate Entertainment, according to four people familiar with the situation. CBS has been looking at the acquisition as a possible complement to Viacom, which CBS also is considering purchasing, said three of the people.

Joseph Ianniello, the interim CEO of CBS, made an informal offer to Lions Gate executives of around $5 ...

Internet travel conglomerate Booking Holdings has been a dependable company for investors, generating consistent profits and returns in line with the S&P 500 over the last five years. But in an industry radically altered by hot brands ranging from Airbnb to Uber to Google, Booking has struggled to stand out.

That has triggered something of an identity crisis at Booking, the world’s ...

DoorDash is finalizing a fundraising round likely to value the U.S. food delivery app between $10 billion and $12 billion after the investment, just three months after the company raised money at a $7 billion post-money valuation, said two people familiar with the matter.

The talks suggest the disappointing IPOs of Uber and Lyft may not have killed enthusiasm among late-stage, private tech ...

Mobile games are a fickle business, in which one-time hits can quickly fade into oblivion. Scopely, the startup behind popular mobile games like “Star Trek Fleet Command” and “The Walking Dead: Road to Survival,” believes it has come up with a system to minimize that risk.

Central to Scopely’s success, says chairman and co-CEO Walter Driver, is the publishing ...

Zapier, a 7-year-old startup whose software connects different types of applications to automate personal computing tasks, has taken a different path to profitability than most Silicon Valley companies. It doesn’t have a sales team or a main office, and its CEO, Wade Foster, made headlines two years ago by offering new hires $10,000 to relocate outside the Bay Area.

Despite raising only ...

Quibi, the mobile video streaming service headed by Hollywood and tech veterans Jeffrey Katzenberg and Meg Whitman, made headlines last year when it announced $1 billion in funding before it even launched a product. Now, with the service’s launch still many months away, Quibi is gearing up to raise even more.

The company is currently planning to raise up to an additional $1 billion to ...

Greetings from day three of Consensus, where the mood has grown increasingly celebratory after bitcoin broke $8,000 for the first time in almost a year on Tuesday. Bitcoin and other cryptocurrencies have been rallying for the last two weeks, and some have speculated that investors could be using crypto as a hedge against the capital markets, which have suffered as trade tensions between the ...

Uber’s initial public offering may have made history, but not for the reasons most of its investors were expecting, especially those who bought shares in later funding rounds.

After Uber’s post-IPO stock drop, late-stage investors who put almost $17 billion into the ride hailing giant—about 77% of its total equity funding—over the past three years are currently looking ...

Johny Srouji, the Apple executive in charge of building chips for the company’s devices, was fed up with Intel.

It was early 2017 and Apple was preparing a new line of iPhones to be released the next year, but the Intel modem for the devices, known as the 7560, wasn’t working properly, according to two people with knowledge of the relationship. The new iPhones would mark the first ...