Doug Field, an executive at Apple who most recently worked on its undisclosed electric car project, said Tuesday he had joined Ford to work on the automaker’s internet-connected car services. The move could cast doubts about Apple’s car effort, which have been plagued by various setbacks over the years, including in a separate set of challenges in developing self-driving car software to power the...
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Tiger Global, Alkeon Slash Startup Valuations Amid Public Stock Selloff
For more than a year, startup founders have watched in awe and some trepidation as hedge funds and other large investors flooded private startups with big checks, pushing up valuations and making it easier than ever to raise money. Those freewheeling days may be numbered as a sell-off in public tech stocks bleeds into the startup world. Among the examples of change: Investors are starting to...
Amazon Shuts Down Retail Partnership Program, Pays $2.25 Million in Washington State Antitrust Settlement
HBO Max Sees 10% Jump in Retail Subscribers
Intel Wins Court Battle Against Landmark $1.2 Billion Antitrust Fine
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