Stripe Walks Tightrope to Stay Private. Could Other Firms Follow?Read Now

Briefing
autonomous vehicles amazon

Before Amazon Bought Zoox, Nvidia Offered Financing

By
Amir Efrati
· · Source: The Information

Amazon is officially in the self-driving car race, having just closed its $1.3 billion acquisition of startup Zoox. But there may be unfinished business. Two former employees are suing Zoox and its board, saying they believe they and other common shareholders got a raw deal. (Reuters first reported on the suit, which you can read here .) There’s a previously unreported detail that could be...

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Musk’s Twitter Has Just 180,000 U.S. Subscribers, Two Months After Launch
By Erin Woo · Feb. 6, 2023 1:16 PM PST
Elon Musk, right, last month. Photo by Getty.
Around 180,000 people in the U.S. were paying for subscriptions to Twitter, including Twitter Blue, as of mid-January, or less than 0.2% of monthly active users, according to a document viewed by The Information. The tiny number signals the challenge Elon Musk faces in turning the subscription product into a major source of revenue. The U.S. number is about 62% of Twitter’s global...
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Barry Silbert, photo by Getty Images.
crypto
Genesis Creditors Hammer Out Key Restructuring Agreement
By Akash Pasricha and Aidan Ryan
Genesis’ creditors, including Gemini, have reached a key agreement with the bankrupt crypto lender and its parent company, Digital Currency Group, for the restructuring of Genesis’ lending unit, according to a person briefed on the deal.
Illustration by Shane Burke.
Opinion google policy
Let Section 230 Stay
By Karan Lala
Gonzalez v. Google , which the Supreme Court will hear this month, is the culmination of years of litigation.
John and Patrick Collison. Photos by Bloomberg.
markets startups
Stripe Walks Tightrope to Stay Private. Could Other Firms Follow?
By Cory Weinberg, Maria Heeter and Becky Peterson
Thirteen years after starting Stripe, chief executive Patrick Collison is raising his company’s largest ever slug of cash from venture capitalists.
Art by Clark Miller.
The 1:1 google
‘We Just Have to Keep Winning’: A Sonos Executive With a Colorful History Goes to War Against Google
By Janko Roettgers
A few months into his job as chief legal officer of Sonos, Eddie Lazarus was ready to wage war. When Lazarus joined the audio hardware company in late 2018, it was facing growing competition from tech giants like Amazon and Google.
Silicon Valley's Latest Invention: The Supplement Stack
The Weekend culture ai
Silicon Valley's Latest Invention: The Supplement Stack
By Jon Steinberg
Greetings, and welcome to your Weekend! Today’s newsletter really ought to come with a surgeon general’s warning: “Consuming dozens of unregulated health supplements may not actually be awesome for your health.” It’s hard not to shake your head at the sheer number of nascent and untested substances that some of our tech-industry peers are swallowing.
A selection of AI-generated selfies (good ones on the left, duds on the right) of the author Zara Stone.
Market Research culture ai
Know Thy Selfie: A Journey Into the Uncanny Valley of AI-Generated Avatars
By Zara Stone
At 7 a.m. on August 22, 2022, Yaron Inger woke up to find his business irrevocably changed. The co-founder and chief technology officer of Lightricks , which develops Facetune and other popular media-editing apps, scrolled through his newsfeed, his eyes flicking from one image to another.