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. ...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Exclusive Apple AR/VR
Behind the Apple Design Decisions That Bogged Down Its Mixed-Reality Headset
Apple’s executives had a critical design decision to make about the company’s riskiest product in years. It was 2019, and a growing team of Apple engineers had been working for more than three years on a headset that combined augmented and virtual reality capabilities. Now they had to figure out whether the mixed-reality headset would be a stand-alone device or would require a...
SE Asia Food Delivery and Ride Hailing Firm Grab Sees Rebound
TikTok Experiments With Videogames
Taiwanese Chipmaker TSMC Eyes Building Plant in Singapore
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
‘I Don’t Know How Steve Jobs Would Survive Today in This Environment’: Tony Fadell Has Opinions to Share and Scores to Settle
Within Silicon Valley power circles, being “on the beach” is a euphemism that covers a continuum of unemployment, from “retired rich” to “brief pause between high-powered jobs.” Tony Fadell has been metaphorically on the beach for six years, ever since leaving Google, which paid $3.2 billion for Nest Labs, the maker of smart thermostats he co-founded, in 2016.
Meta and Alphabet Should Get Used to Paying for News
Data Point Entertainment
Netflix Cancellations Rise Among Long-Standing Subscribers