Media/Telecom Startups COVID-19

Peloton Pausing Live Class Recording Amid Pandemic

Peloton will halt live production of video-cycling classes at its New York and London studios until April 30, its CEO John Foley wrote in a blog post Monday. The move poses challenges for Peloton, which sells itself on the promise that customers will constantly see new classes added by their favorite cycling and running  instructors. Last week, The Verge reported that an employee at the NYC...

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Podcast
Extreme Makeover: Zuck Edition — The Information’s 411
How is Mark Zuckerberg planning to revamp his public image? Cory talks to The Information’s Sylvia Varnham O’Regan and Alex Heath about why Facebook’s CEO is going on another charm offensive. Then, Cory interviews Justin Bedecarre, CEO of Raise Commercial Real Estate, a Founders Fund-backed startup, about how tech firms are experimenting with sending their workers back to...
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New Software Platform The Archivist Raises $2 Million From Ashton Kutcher, Edward Norton
Ant Group Looks to Revamp Healthcare Service Amid Beijing’s Crackdown
Amazon Delivery Van Drivers Pushed to Drive Recklessly to Meet Quotas
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Org Charts Google
At Booming Google, Search Chief Gives More Love to Product Managers
Even as Google’s business booms and hiring accelerates, senior leaders have made changes to the unit housing its biggest moneymakers—web search and advertising.
Branded president Michael Ronen. Photo provided by Branded
The Big Interview Venture Capital Startups
Branded Joins Frenzy of Startups Acquiring Amazon Merchants, Finds Profits
Michael Ronen recently learned more than he ever thought he’d know about soap. Ronen runs Branded, a startup that buys up successful small businesses who sell their wares on Amazon.
Photos by Bloomberg; Illustration by Mike Sullivan
Exclusive Facebook
Zuckerberg’s Plan to Repair Facebook’s Image: More Zuckerberg
During a companywide Q&A with Facebook employees last Thursday, CEO Mark Zuckerberg turned to a question about a recent uptick in posts on his Facebook page, including a joke he made referencing the actor Vin Diesel a few days prior.
Data Point
Inside Rounds Hit Record $30 Billion as Investors Double Down
Venture capitalists may be getting too comfortable with marking up their own portfolios. The number of inside rounds, or VC deals in which only a startup’s previous investors participate, reached a high of over 1,000 in the U.S.
Yahoo's headquarters in 2018. Photo by Bloomberg
The Briefing Media/Telecom Apple
Verizon Dumps Yahoo-AOL for Rock-Bottom Price
Greetings! For digital history buffs, Verizon’s $5 billion sale today of its Yahoo-AOL media group to Apollo is an opportunity to take a stroll down memory lane, marveling at how much the value of the two former internet titans has shriveled in 20 years.
Kim Posnett, head of investment banking services for Goldman Sachs. Photo: Goldman Sachs
The Big Interview
The ‘Tech Supercycle’ for Listings Is Accelerating: Top Goldman Sachs Banker
For tech investors used to last year’s massive initial public offerings and price pops, the last few weeks have been sobering.