General Catalyst Raises Rare Fund to Buy Startup Revenue
The $300 million fund shows the rising demand among investors to purchase the sales contracts of software startups.
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Recent Editions
Google Intros New Shopping Features Amid Search Battle with Amazon
The updates follow other moves made by Google since last year, including making search listings free for merchants and a partnership with Amazon rival Shopify.
University Endowments Post Record Gains
The tech stock frenzy is fueling returns for the university endowments that invest in VC funds.
SoftBank Values Startup Andela at $1.5 Billion in New Funding
The new investment makes Andela the latest tech startup founded in Africa to be valued at more than $1 billion
Confirmation Hearing for DOJ Antitrust Nominee Kanter Set For Oct. 6
Kanter is still likely months out from starting the job.
Microsoft Partners With, Invests in Cloud Healthcare Startup Truveta
In addition to partnering with an emerging startup in the healthcare technology industry, Microsoft is getting a potentially lucrative cloud customer.
YouTube Bans False Claims About Any Approved Vaccine
The company acknowledged that undertaking such censorship is inherently fraught because “scientific understanding evolves as new research emerges.”
Macy’s Fears Amazon Is Coming for Its Iconic Herald Square Billboard
“Akin to a conquering enemy, it would be as if a competitor hung its ‘flag’ on top of Macy’s flagship department store and announced victory," the suit claims.
FTC Considering New Privacy Rules: Report
The news rules would also include greater protections for children.
Warby Parker Closes at $52 and $6 Billion Valuation
The company's stock debut shows investor confidence in Warby Parker's brand recognition and potential to turn a profit, unlike similar public companies that sell directly to their customers.
China’s Xi Calls for More Top Tech Talent, R&D Spending
Xi's comments come as China is trying to accelerate the development of homegrown technologies and reduce its dependence on U.S. innovations.
Facebook Teen Usage Sharply Declined, Internal Research Showed
The company is hoping Instagram can attract young users who will migrate to Facebook
Amazon Unveils New Robot, Updated Devices
Amazon's latest range of devices demonstrates its efforts to expand its presence in the smart-home market.
Benioff Slams Facebook Again
At Code Conference in Los Angeles, Salesforce CEO Marc Benioff once again advocated for government regulation of Facebook.
Endeavor to Buy Sports Betting Software Company OpenBet for $1.2 Billion
The acquisition reflects a surge of interest in sports betting caused by its legalization in numerous states.
Chinese Car Maker Geely Launches Smartphone Business
Geely, which owns Volvo and Lotus brands, will be competing in the mature smartphone market already crowded with many Chinese and foreign brands.
TikTok Surpasses 1 Billion Monthly Active Users
The popular short-video app's robust growth highlights the threat it poses to Facebook and Google.
SoftBank Vision Fund Executive Deep Nishar to Leave
Nishar, one of the Vision Fund's most senior executives, has worked on dozens of deals including Slack and Guardant Health.
Ozy Media Faces FBI Probe After Investor Call
A co-founder of Ozy allegedly impersonated a top YouTube executive on a conference call with Goldman Sachs in February.
Facebook Sets Up $50 MIllion Metaverse Research Fund
The fund’s announcement comes as Facebook weathers a new wave of criticism and scrutiny concerning Instagram and the core Facebook app.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy