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Opinion Policy
Meta and Alphabet Should Get Used to Paying for News
By Bill Grueskin · May 16, 2022 9:00 AM PDT
Sundar Pichai, Mark Zuckerberg and Rupert Murdoch. Photos by AP; Bloomberg. Art by Mike Sullivan
If you’re concerned about dreadful trends in the journalism business, such as mass layoffs and private-equity takeovers, then you’ll probably like the scheme Australia devised last year to funnel funding from platforms to traditional media. And if you like the idea of sticking it to Facebook and Google, you’ll probably appreciate it even more. In the past year, the two...
Latest Briefs
 
Warby Parker Blames Omicron For Slow Sales Growth
By Malique Morris · May 16, 2022
Celsius Mining Confidentially Files for Public Listing
By Aidan Ryan · May 16, 2022
Shanghai Aims For Return to Normal June 1 After Covid Lockdown
By Juro Osawa · May 16, 2022
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GoPuff founders Yakir Gola, left, and Rafael Ilishayev. Photos by Getty, Bloomberg.
Exclusive Venture Capital Startups
Gopuff Founders’ Ambitions Falter as Startup Bleeds Cash
By Berber Jin
Delivery firm Gopuff emerged as one of the hits of the pandemic shutdowns, fetching a $15 billion valuation thanks to its network of couriers delivering snacks and convenience items like chips, Tylenol and laundry detergent.
IRL CEO and Co-founder Abraham Shafi. Art by Mike Sullivan
Exclusive Startups
SoftBank-Backed Messaging App IRL Says It Has 20 Million Users. Some Employees Have Doubts About That
By Mark Matousek and Amir Efrati
IRL, a four year old social app, appears to be a fast-growing alternative to Facebook and messaging app Discord.
Campbell Brown. Photo by AP.
Exclusive Facebook
Meta Rethinks News Partnerships as Priorities Shift
By Sylvia Varnham O'Regan and Jessica Toonkel
Meta Platforms is considering reducing the money it gives news organizations as it reevaluates the partnerships it struck over the past few years, according to people familiar with the matter.
Photo by Bloomberg. Art by Clark Miller.
The 1:1
‘I Don’t Know How Steve Jobs Would Survive Today in This Environment’: Tony Fadell Has Opinions to Share and Scores to Settle
By Adam Lashinsky
Within Silicon Valley power circles, being “on the beach” is a euphemism that covers a continuum of unemployment, from “retired rich” to “brief pause between high-powered jobs.” Tony Fadell has been metaphorically on the beach for six years, ever since leaving Google, which paid $3.2 billion for Nest Labs, the maker of smart thermostats he co-founded, in 2016.
Traders on the floor of the New York Stock Exchange. Photo by Bloomberg.
These Enterprise Software Firms Are Top Targets for Private Equity Takeovers
By Aaron Holmes
Big deals are on the way. The sharp drop in tech stocks over the past six months, making companies cheaper to buy, is likely to trigger an increase in merger activity, bankers say.
Chainalysis CEO Michael Gronager on Feb. 24, 2022. Photo: Bloomberg
Exclusive Crypto Venture Capital
Chainalysis Valued at $8.6 Billion in GIC-Led Investment
By Kate Clark
Chainalysis, a startup that sells services to detect and track crypto fraud, has raised a new round at an $8.6 billion valuation, including the investment, according to a person with direct knowledge of the matter.