Happy Wednesday. Bitcoin Cash, the cryptocurrency network that spun off from Bitcoin last year, plans to upgrade its software this week, but as is the norm in crypto, the proposal to improve Bitcoin Cash has been met with an equal and opposite reaction. Disagreements within the technical community about how many transactions miners should process in each block mean that Bitcoin Cash, the ...

The enormous profits Apple generates from its iPhone business are legendary. Even though they account for less than 20% of all smartphone shipments, iPhones capture 87% of the entire market's profits, according to estimates from Canaccord Genuity.

But what’s less understood is that as iPhones have increased in hardware complexity, the gross profit margins on Apple smartphones have ...

Vacasa became the largest vacation rental management company in North America this year, operating homes in beach and mountain towns. Now, backed by more than $200 million from tech investors on the road to a potential public offering, Vacasa wants to move into the big city.

Vacasa see an opportunity in managing tourist lodgings in city apartment buildings that might attract both business ...

Patreon has become known in the online media industry as the place to go if you want to send your favorite podcaster or musician a few dollars a month in exchange for extra content or access to exclusive chats. But the company has much bigger ambitions. It wants to offer creators a variety of services for creators, such as loans, so they can build their businesses. Think of Shopify, which ...

Despite a number of high-profile Chinese startups listing in Hong Kong this year, the U.S. still provides a compelling market for initial public offerings because of its more sophisticated investors, several Chinese entrepreneurs and investors said Monday during an onstage interview at The Information’s Subscriber Summit in Hong Kong.

Annabelle Yu Long, head of German publisher ...

Uber Eats’ food deliveries in the Asia-Pacific region have quadrupled in the past half-year, propelled by India, a company executive said.

“We are growing fast everywhere. We are growing exponentially more quickly in India,” Nikki Neuburger, the global head of marketing for Uber’s food delivery business, said Monday in an onstage interview at The Information’s ...

The idea that social networking and messaging platforms could be used to launch and distribute new cryptocurrencies has been widely discussed in technology circles in the last few years. But what about ride-sharing companies—and in particular Uber?

You could argue that Uber might be better positioned than the social networking players to launch a successful cryptocurrency. While this is ...

Thursday was one of my favorite days of the year. Twice a year, we gather media professionals to talk about, well, the future of media. It’s a program based on the bootcamp we run for the media companies we invest in—condensed to eight grueling hours of talking about subscription funnels, analytics packages and where this crazy business is heading.

This time around software ...

At first glance, the small Walmart store in the New York suburb of Levittown seems unexceptional, but hovering above the aisles of water bottles, pet food and cookies are clues to an important technology experiment the giant retailer is conducting.

A halo of cameras hangs above shelves throughout the store, the sheer number of which—roughly 100 devices in each of eight ...

AT&T’s WarnerMedia has approached Comcast’s NBCUniversal to discuss ways of working together, including about licensing films or TV shows for WarnerMedia’s planned new streaming service, according to two people familiar with the discussions.

The approach signals that AT&T wants to strengthen its hand in competing with Walt Disney, Netflix and other rivals. In ...

For Kevin Systrom, the most challenging part of running Instagram was resisting the pressure to over-commercialize the social media service, he said on Thursday.

The co-founder of fast-growing, subscription-sport news site The Athletic expects companies, such as Apple and Medium, to start offering discounted bundles of subscription news sites. But he thinks it’s a mistake for a publication to join.

In an interview with The Information, Alex Mather, whose company recently raised $40 million at around a $200 million valuation, said he had been ...

Jack Ma, China’s most famous billionaire, embraced the limelight with stunts like dancing in a costume to Michael Jackson before a stadium full of employees. On the other hand, Daniel Zhang, the former accountant who will replace Mr. Ma next September as the executive chairman of Alibaba, is practically anonymous.

“I enjoy walking on the street, and nobody can recognize me,” ...

Private tech stocks have hit dizzying highs in recent years, but access to hot deals is often limited to an exclusive club. To meet widening demand from investors, some financial firms are creating ways to bet on fast-growing tech companies that aren’t traded on public markets.

At least two indexes are being developed that track the shares of some of Silicon Valley’s biggest ...

One thing I’ve learned since I started covering this beat is that there is always a blockchain angle—always. So last night, as America waited to see whether the Democrats would flip Congress, we were keeping tabs on a different race: blockchain advocate Jared Polis’ bid for Colorado governor. Mr. Polis, a Democrat who ran partially on a platform of making Colorado a hub for ...

Spending on data centers, the computers needed to run them and undersea internet cables were among the investments contributing to a dramatic surge in capital expenditures this year by some of the biggest technology companies.

Facebook and Alphabet, the parent company of Google, boosted their capital expenditures the most of any of their peers, more than doubling such investments during the ...

SoftBank is in talks to invest in Chinese bicycle-rental startup Hellobike, at a time when the market is going through a potential shakeup, people familiar with the matter said.

The talks are ongoing and the companies haven’t reached an agreement yet, the people said. It is unclear how big an investment would be and at what valuation. Hellobike, one of the biggest players in the ...

Monashees, Brazil’s largest venture capital firm, has raised a new $150 million fund from major U.S. and Asian institutional investors as well as Instagram co-founder Mike Krieger, people familiar with the matter said.

The second-biggest VC fund ever to be raised in Latin America reflects a rapidly shifting landscape in the region’s tech sector, where major startups are beginning ...