Amazon will pay $1.3 billion in cash to buy self-driving car developer Zoox and create a separate $100 million pool to retain its 900-plus employees provided that key employees don’t depart, allowing Amazon to walk away from the deal. That’s according to Reuters , which got its hands on the deal documents. Among the details in the report: there’s a $125 million “transaction bonus pool” for...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Takeaway Media/Telecom Google
Big Tech and Big Media Have Made Up: Now What? Inside the New Era in the Tech and Media Wars
Despite all the knives pointed at big tech right now, some longtime antagonists to the tech industry seem to be taking a back seat in the fights. These are the big media companies whose leaders have for years poked, prodded and attacked tech leaders at every chance they got. This isn’t to say that reporters are easing up. News coverage of tech companies from journalists, of course, has...
SoftBank Vision Fund’s Jeffrey Housenbold to Depart
Facebook Blocks New Events in D.C. Ahead of Inauguration
Andreessen: Content Blocking Could Come From Browser, Email and Internet Providers
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive Media/Telecom Google
Snap Names New Content Leader in Push to Counter TikTok