The Information
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Former Apple Chip Engineers Leave Google
A few years ago, Google began hiring Apple engineers responsible for developing a mobile chip that helped give iPhones and other devices a technical edge. But recently, some of those same engineers…
Briefing: Instagram Celebrities’ Contact Info Exposed to Public View
A cybersecurity researcher has discovered an unprotected online database with private contact information for nearly 50 million celebrities and high-profile users on Instagram, TechCrunch reported.…
Cisco Held Preliminary Acquisition Talks With Cloud Startup HashiCorp
Cisco Systems held preliminary discussions recently with HashiCorp about an acquisition of the startup whose software manages applications running across multiple cloud providers, according to three…
Airbnb Rival Booking Is Having an Identity Crisis
Internet travel conglomerate Booking Holdings has been a dependable company for investors, generating consistent profits and returns in line with the S&P 500 over the last five years. But in an…
CBS Made Informal Offer to Acquire Starz
CBS Corp. has expressed interest in acquiring cable channel Starz from Lions Gate Entertainment, according to four people familiar with the situation. CBS has been looking at the acquisition as a…
Briefing: Microsoft, Sony Unveil Cloud Game-Streaming Agreement
Microsoft announced a partnership with Sony in which the companies will consider working together to build cloud-based software to support each of their gaming and content-streaming services. This…
Zapier’s Unusual Path to Profitability
Zapier, a 7-year-old startup whose software connects different types of applications to automate personal computing tasks, has taken a different path to profitability than most Silicon Valley…
Streaming Service Quibi Seeks Up to $1 Billion in New Funding
Quibi, the mobile video streaming service headed by Hollywood and tech veterans Jeffrey Katzenberg and Meg Whitman, made headlines last year when it announced $1 billion in funding before it even…
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Uber’s Three Paths to Becoming Profitable
Three months after Dara Khosrowshahi joined Uber as CEO in September 2017, he told his top executives he would like Uber to nearly break even in 2018 and be profitable by 2019. But by May of last…
WarnerMedia to Put Some Shows on Streaming Service First
Cable TV’s iron grip on the entertainment industry may be starting to loosen.AT&T’s WarnerMedia is planning to run new episodes of some of its popular cable shows—such as TNT’s “The Alienist”—first on…
The Information hires Cheddar’s Heath
Alex HeathThe Information editor in chief Jessica Lessin sent out the following announcement on Monday:Dear Team,We are thrilled to announce that Alex Heath will be joining us later this month to…
Impossible Foods in Talks With Fast Food Chains, Sees Revenue Tripling in…
Impossible Foods, the hot Silicon Valley maker of plant-based burgers, predicts its revenue will more than triple this year and the company is in discussions with an array of fast food chains,…
Uber’s Weak Debut Sobering Up Silicon Valley
The weak public-market response to Uber’s public offering on Friday has already triggered some soul-searching in Silicon Valley.Some venture capital investors and entrepreneurs were full of reasons…
Huawei Targets Database Market in Challenge to Oracle
China’s Huawei Technologies is about to make its biggest-ever attempt to expand into an area of enterprise software currently dominated by Western giants like Oracle, Microsoft and SAP. Huawei is…
How VCs Actually Cash In on an IPO
Today, Uber is going public at a valuation of $82 billion, making a number of investors and early Uber employees very, very rich (or much, much richer). Benchmark will make $7.6 billion, based on the…
Andela Taps Africa’s Software Talent
The shortage of engineering and software development talent in the U.S. has been a growing challenge for employers ranging from startups to multinational corporations. While there are a number of…
Harassment Allegations Against Intercom CEO Sparked Departures
Eight years ago, a group of Irish entrepreneurs led by an ambitious leader, Eoghan McCabe, relocated their software startup, Intercom, from Dublin to San Francisco, aiming to make a splash on tech’s…
Inc. Founders Project with Alexa von Tobel: How to Build a Subscription…
Show Inc. Founders Project with Alexa von Tobel, Ep How to Build a Subscription Business, with Jessica Lessin of The Information - May 1, 2019
As Tech Firms Delayed Going Public, Pre-IPO Bonus Shrank
Some of Uber’s earliest investors could make more than 300,000% on their initial investment when the firm completes its closely watched IPO at the end of the week. But not everyone who owns Uber…
Briefing: Disney Takes Another Writedown on Vice
Disney has written down its stake in Vice for the second time, this time by $353 million, a sign that Disney isn’t betting as much on the media firm’s future. Disney had earlier written down its…
How Twitter Turned Its Ad Business Around
The digital ad market saw some surprising shifts in the first quarter, most notably Google’s sudden slowdown in growth. But the biggest surprise was Twitter, the company left for dead by Wall Street…
Remote Work and the Politics of Decentralization
One of the major themes playing out for both startups and large technology companies is a move away from centralized teams and toward embracing decentralization and remote work.To date, technology has…
WarnerMedia Taps Lionsgate and Fox Execs for Streaming Service
AT&T’s WarnerMedia is ramping up hiring and programming efforts for its upcoming streaming service, as it prepares to go head to head with Netflix, Amazon and Disney. To help develop new shows for the…