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Amazon Looks to Sell $140 Million in Deliveroo Shares in IPO

Amazon is among a group of big-name investors looking to quickly cash-in on food and grocery delivery company Deliveroo’s initial public offering next week. In a new filing related to the IPO, Deliveroo said Amazon will sell shares worth about $140 million, which will reduce the internet giant’s 16% stake in the company to 11.5%. That remaining stake stands to be worth more than $1 billion. ...

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‘I Can Take Video Calls Even While Cooking’: The Smart Kitchen Appliances That Tech People Love
Art by Clark Miller.
“We have three kids, two cats and a dog,” said Charles Edge, chief technology officer at Bootstrappers.mn, a venture capital firm in Minneapolis. “It’s a busy household in the morning, with kids and animals screaming for food and needing to be driven to school or daycare.” A wide array of smart kitchen tools is making Edge’s life—and his...
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Microsoft CEO Satya Nadella. Photo by Bloomberg
Exclusive microsoft
Microsoft Eyes ‘Super App’ to Break Apple and Google’s Hold on Mobile Search
Microsoft recently considered building a “super app” that could combine shopping, messaging, web search, news feeds and other services in a one-stop smartphone app, in what would be an ambitious move by the software giant to expand further into consumer services, according to people with direct knowledge of the discussions.
From left: Stewart Butterfield, Marc Benioff and Bret Taylor. Photos by Getty; Bloomberg.
Exclusive microsoft enterprise
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Illustration by Josh Brill.
Opinion economy
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Exclusive startups crypto
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Org Charts google
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Zhang Lei, chairman and chief executive officer of Hillhouse Capital Group. Photo by Bloomberg.
Exclusive asia
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