At Patreon, Mismanagement Thwarts a Pandemic-Era StarRead Now

Briefing
markets

Stocks Rebound, Have Best Day Since 1933

By
Kevin Dugan
· · Source: The Information

The Dow Jones Industrial Average rose 11% on Tuesday, its best day since 1933, as Congress and the White House appeared to be getting closer to passing a stimulus deal worth at least $1.6 trillion. While lawmakers haven’t settled on all aspects of the bill, drafts of the legislation have included zero-interest loans to businesses that keep their employees and as much as $7,500 per family to pay...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive startups venture capital
OpenAI Bolsters Ties to Other AI Startups With Venture Investments
By Kate Clark · Jan. 30, 2023 11:17 AM PST
Photo of Sam Altman by Bloomberg. Art by Mike Sullivan.
OpenAI has proven itself to be a prolific fundraiser, collecting billions of dollars from Microsoft and others to perfect its artificial intelligence software. Lately, it’s also been flexing its muscles as an investor in other AI startups, a strategy that could tie a generation of young companies to its machine-learning models and Microsoft’s cloud services. San...
Latest Briefs
 
Twitter Reportedly Makes First Debt Payment
By Erin Woo · Jan. 30, 2023
New York Regulator Investigating Crypto Exchange Gemini
By Aidan Ryan · Jan. 30, 2023
Chinese Online Retail Giant JD.com Retreats in Southeast Asia
By Shai Oster · Jan. 30, 2023
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.
Patreon CEO Jack Conte. Art by Mike Sullivan
Exclusive startups entertainment
At Patreon, Mismanagement Thwarts a Pandemic-Era Star
By Paris Martineau
Two years ago, Jack Conte seemed to have pulled off one of the most remarkable makeovers in recent Silicon Valley memory.
Sumo Logic CEO Ramin Sayar. Photo by Bloomberg.
Exclusive
Thoma Bravo, Vista Approach Sumo Logic About a Possible Buyout
By Maria Heeter and Aaron Holmes
Private equity firms including Thoma Bravo, Vista Equity Partners and Francisco Partners have approached data analytics software company Sumo Logic expressing interest in a possible acquisition, according to a person familiar with the matter.
The back windshield of a Waymo Chrysler Pacifica robotaxi prototype. Photo by Bloomberg
Exclusive google autonomous vehicles
Alphabet’s Waymo Robotaxi Subsidiary Cuts Staff, Including Trucking Engineers
By Jon Victor
Alphabet’s self-driving vehicle unit Waymo quietly laid off staff Monday, continuing a wave of job cuts at the parent company of Google, according to LinkedIn posts from affected employees and one person briefed about the move.
CEO Maju Kuruvilla. Photo: Getty Images
Exclusive startups venture capital
Bolt CEO Cuts Staff a Third Time as Revenue Lags
By Erin Woo
Bolt, the one-click checkout startup that slashed staff at least twice last year as growth fell short of its goals , laid off around 10% of employees on Tuesday, or at least 50 people, according to two people with direct knowledge.
Photo via Shutterstock.
Exclusive microsoft ai
Microsoft Plans Security Features, Wider Release for Its OpenAI-Powered Coding Tool
By Aaron Holmes
ChatGPT has generated headlines and hype since its release last year, with its humanlike responses to written prompts.
Jonathan Kanter, assistant attorney general of antitrust for the US Department of Justice, speaks during a news conference on January 24. Photo by Bloomberg.
The Briefing microsoft google
DOJ’s Latest Case Against Google Is Intricate But Important
By Jessica E. Lessin
Over my career as a tech reporter, regulators have sued or threatened to sue Google for exerting monopoly power in its ads business so many times it’s hard to keep track.