A key House committee has invited Facebook Chief Operating Officer Sheryl Sandberg to testify on Oct. 29 about the company’s plan to roll out a global cryptocurrency, but only on the condition that CEO Mark Zuckerberg agree to appear before the committee before January. The proposed terms haven’t been reported previously. In addition to questioning Sandberg about Libra, Facebook’s proposed...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Private Equity Firms’ Secret Weapon for Big Software Buyouts
When Thoma Bravo was drawing up the financing of its $8 billion acquisition of Coupa Software last year, the private equity giant didn’t turn to a bank, and it didn’t get a traditional loan. Instead, it tapped a group of non-bank lenders including Sixth Street for a relatively obscure type of financing—one that has been making its way into more and more multibillion dollar...
Roku Lays Off 6% of Workforce
Meta to Allow European Users to Opt Out of Personalized Ads
Alphabet’s DeepMind and Google Brain Set Aside Rivalry, Target OpenAI
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 google ai
Alphabet’s Google and DeepMind Pause Grudges, Join Forces to Chase OpenAI
Surreal Estate real estate
Silicon Valley’s Realtors, Like Its Bankers, Are Having a Tough Month