Y Combinator’s Garry Tan Goes to the MatRead more

Instacart Shares Lose Nearly All IPO Gains

Sept. 20, 2023 · 10:03 PM PDT
The decline deflates some hopes for the IPO market.

Klaviyo Shares Rise 9% in Public Debut

Sept. 20, 2023 · 2:28 PM PDT
The marketing software company is the third tech firm to go public in the past week.

Apple, Goldman Scuttled Stock-Trading App

Sept. 20, 2023 · 1:35 PM PDT
Apple and Goldman Sachs were working on a stock-trading app for iPhones until markets soured last year.

U.S. Commerce Chief: There Is No Evidence That China Can Make Advanced Chips at Scale

Sept. 19, 2023 · 9:35 PM PDT
Commerce Secretary Gina Raimondo's comments come amid questions about whether Washington's efforts to limit China's access to advanced chips are working.

Instacart Shares Gain 12% in IPO Debut

Sept. 19, 2023 · 8:45 PM PDT
The long awaited offering is stirring the dormant IPO market.

YouTube Cuts Off Russell Brand’s Account From Making Money

Sept. 19, 2023 · 6:55 PM PDT · 1 comment
YouTube blocked actor Russell Brand's account from earning money after accusations from multiple women of rape, sexual assault and emotional abuse.

Klaviyo Prices IPO Above Range for $9.2 Billion Valuation

Sept. 19, 2023 · 6:28 PM PDT
The marketing software reportedly priced its IPO at $30 per share.

Google Boosts Bard Chatbot with Gmail, Docs Features

Sept. 19, 2023 · 4:59 PM PDT
The latest updates to Bard show how Google hopes to compete with ChatGPT and Microsoft.

Elon Musk and Tesla Probed in Federal Criminal Investigation

Sept. 19, 2023 · 1:30 PM PDT
Federal prosecutors are looking back as far as 2017.

Warner Bros. Discovery’s Max Service to Add Live Sports Tier

Sept. 19, 2023 · 11:44 AM PDT
The new Bleacher Report-branded streaming tier will be free for Max subscribers until early next year, when it will cost $10 extra per month.

Leaked Microsoft Documents Detail New Xbox Console, Possible Acquisitions

Sept. 19, 2023 · 10:47 AM PDT
Microsoft has subsidized its Xbox unit to make the console competitive with Sony’s Playstation on price.

FTX Sues Sam Bankman-Fried’s Parents to Claw Back Funds

Sept. 19, 2023 · 7:35 AM PDT
The lawsuit alleged that Joseph Bankman and Barbara Fried “exploited their access and influence within the FTX enterprise to enrich themselves.”

‘Less is More’ in Next Stage of VC Investing in China

Sept. 19, 2023 · 1:56 AM PDT
Chinese venture capitalists' discussions at a major investment conference in Singapore highlight the challenges facing the VC sector.

CrowdStrike Finalizes Deal For Bionic For About $350 Million

Sept. 18, 2023 · 4:59 PM PDT
Backed by Insight Partners and Battery Ventures, Bionic develops software that helps companies protect applications from security threats

Square CEO to Depart in October

Sept. 18, 2023 · 4:43 PM PDT
Alyssa Henry has been Square’s top executive since February.

Instacart Prices IPO at $9.9 Billion Valuation

Sept. 18, 2023 · 3:41 PM PDT
Instacart is taking a big valuation cut from its 2021 fundraising in its long-awaited IPO.

Stitch Fix Plans to Shutter U.K. Operations Amid Cost Cutting

Sept. 18, 2023 · 2:49 PM PDT
Walmart alum Matt Baer has been tasked with turning around the former e-commerce darling.

Musk Says X, Formerly Twitter, Will Charge All Users to Use Platform

Sept. 18, 2023 · 1:43 PM PDT
It’s unclear whether Musk’s remarks on Monday reflect an active effort at the company.

Microsoft Product Chief Panay Resigns, Said to Take Job at Amazon

Sept. 18, 2023 · 8:23 AM PDT · 1 comment
Panay oversaw the development of Microsoft’s Surface tablet and, more recently, ran the Windows business.

Klaviyo Boosts IPO Valuation Target to Around $9 Billion

Sept. 18, 2023 · 7:12 AM PDT
The increase follows Arm’s strong debut last week.