A new $250 million round of funding from backers including Sequoia Capital and Andreessen Horowitz values payment company Stripe at $35 billion, the company told the Wall Street Journal. The new valuation is $15 billion more than last year, and makes Stripe one of the most highly valued startups in Silicon Valley. The nine-year-old company, which counts Facebook, Amazon and Uber among its...
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Musk’s Twitter Has Just 180,000 U.S. Subscribers, Two Months After Launch
Around 180,000 people in the U.S. were paying for subscriptions to Twitter, including Twitter Blue, as of mid-January, or less than 0.2% of monthly active users, according to a document viewed by The Information. The tiny number signals the challenge Elon Musk faces in turning the subscription product into a major source of revenue. The U.S. number is about 62% of Twitter’s global...
Pinterest’s Profit Plunges as Expenses Soar
Vox Media Raises $100 Million from Penske
Binance to Suspend U.S. Dollar Bank Transfers
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