Why DOJ’s Damaging Evidence Against Google May Not Be Enough to Break Up the CompanyRead Now

Briefing
e-commerce markets

Goldman Sachs TMT Head to Become Instacart CFO

By
Ross Matican
· · Source: The Information

Instacart hired Nick Giovanni, a top Goldman Sachs tech dealmaker, as its next chief financial officer, a strong indication that the grocery delivery service is planning to go public. Giovanni, who spent more than 20 years at Goldman Sachs and most recently served as the bank’s Head of the Global Technology, Media and Telecom (TMT) Group, will start at Instacart on Jan. 27. Goldman said...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Big Read policy
TikTok’s Last Stand: Can an Army of Lobbyists Quell a Washington Uprising?
By Nancy Scola · Jan. 27, 2023 9:00 AM PST
Art by Clark Miller.
There’s perhaps no one in Washington who distrusts TikTok quite as much as Brendan Carr. Carr, a 44-year-old Donald Trump appointee to the Federal Communications Commission, has spent much of the last year going around cable news and elsewhere calling for the hugely popular short-video app to be restricted, if not banned, over its ties to Chinese parent company, ByteDance. TikTok is a...
Latest Briefs
 
Bankrupt Online Wine Seller Winc Finds Buyer For Assets
By Ann Gehan · Jan. 27, 2023
Salesforce Shakes Up Board
By Martin Peers · Jan. 27, 2023
Japan and Netherlands To Join U.S. Restrictions on Chip Machinery Exports to China
By Shai Oster · Jan. 27, 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.
Google's headquarters in Mountain View, Calif. Photo by Bloomberg
Exclusive google cloud
Google Laid Off High Performers and Earners While Largely Sparing ‘Brain’ AI Lab
By Amir Efrati and Jon Victor
Google's move to lay off 6.4% of staff on Friday didn’t come as a shock to most employees, but it stunned some of the individuals who were cut.
Microsoft CEO Satya Nadella. Photo by Bloomberg
Exclusive microsoft ai
How Microsoft’s Stumbles Led to Its OpenAI Alliance
By Kevin McLaughlin and Aaron Holmes
For more than a decade, Microsoft Research, the company’s in-house research group, has touted artificial intelligence breakthroughs such as translating speech to text and software that could understand human language or recognize objects in images.
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.
Art by Clark Miller.
Founders' Keepers startups culture
Founders’ Keepers: The Gadgets, Mugs and Mementos That CEOs Can’t Work Without
By Paul Armstrong
Athletes wear lucky socks. Children have their favorite stuffies. But tech founders? Their most prized workplace possessions run an exceptionally wide gamut, ranging from the idiosyncratic (a Jesuit obelisk) to the alarmingly practical (a pistol lockbox) to the comfortingly basic (a yellow pad and pen).
Art by Clark Miller
The Big Read
Citizen Marc: Why the Andreessen Horowitz Founder Can’t Stop Chasing Dreams of a New Media
By Abram Brown
The pitch was right up Marc Andreessen’s alley: a fledgling but buzzy digital media startup, which intended not only to produce its own content but to sell its content-management software to other publishers—and, if that worked, to scale its platform to anyone willing to pay.