| Dieter Bohn / The Verge: |
Twitter buys Scroll, the $5/month service that removes ads from partner news sites; Scroll's Nuzzel email service will shut down on May 6 — The Nuzzel email service is winding down and the future of Scroll is uncertain — Twitter's acquisition spree continues today with Scroll … | Casey Newton / The Verge: |
Basecamp employees detail an all-hands that led to resignations, including the head of strategy, who questioned the existence of white supremacy at the company — I. — At 8AM PT on Friday, a bleary-eyed Basecamp CEO Jason Fried gathered his remote workforce together on Zoom to apologize.| Mitchell Clark / The Verge: |
Court docs: Epic's total gross revenue was $5.6B in 2018 and $4.2B in 2019, with the vast majority of revenue coming from Fortnite — New financial figures were revealed as part of Epic Games' antitrust case against Apple — After a meteoric rise to popularity in 2018 … | Chance Miller / 9to5Mac: |
| Mark Gurman / Bloomberg: |
| Sarah McBride / Bloomberg: |
Justin Zhu, former Iterable CEO ousted for taking LSD before a meeting, on his disputes with key investors and the challenges of being Chinese in Silicon Valley — Justin Zhu, chief executive officer of digital marketing startup Iterable Inc., was walking down Broadway in San Francisco … | Reuters: |
Sources: TSMC is planning to build up to five more chipmaking facilities in Arizona, beyond the one currently planned — TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is planning to build several more chipmaking factories in the U.S. state of Arizona beyond the one currently planned … | Stephen Shankland / CNET: |
| Rupert Neate / The Guardian: |
Filing: Amazon had sales of €44B in Europe in 2020, but reported a €1.2B loss and therefore paid no corporate tax — Despite lockdown surge the firm's Luxembourg unit made a €1.2bn loss and therefore paid zero corporation tax — Fresh questions have been raised … | Ingrid Lunden / TechCrunch: |
Acronis, which provides data backup and protection services, raises $250M at a $2.5B+ valuation led by CVC — As cybersecurity continues to grow in profile amid an increasingly complex and dangerous landscape of malicious activity, a cyber security vendor that specializes in “all-in-one” … | Jeff Grubb / VentureBeat: |
Sony says Discord will be integrated into PlayStation Network starting early 2022; Sony will invest an undisclosed amount in Discord as part of the partnership — Join GamesBeat Summit 2021, happening today! Watch live here! — Sony is planning to integrate Discord into PlayStation Network starting in early 2022.| Reuters: |
| Miles Kruppa / Financial Times: |
Sources: Tiger Global is seeking to raise a new $10B fund, weeks after announcing a $6.7B fund; PitchBook says Tiger made 100 investments so far in 2021 — NY-based firm has been on a relentless dealmaking spree — Tiger Global Management, which has started the year with a blizzard … | Madhukumar Warrier / Benzinga: |
Dogecoin co-creator says he sold all his coins in 2015 to buy a used Honda Civic; Dogecoin is now near its all time high and has a bigger market cap than Honda — Dogecoin (DOGE), which hit an all-time high near the 45-cent level on Monday night, has now surpassed automaker Honda Motor Co. Ltd. … | Jonathan Shieber / TechCrunch: |
A look at Atlanta's emergence as a tech startup hub, bolstered by the diverse entrepreneurial talent coming from regional colleges like Georgia Tech — Over the past five years, the Southeastern region, led by Atlanta, has gone from being “one of the best kept secrets” in tech … | Jane Lee / Reuters: |
| Sarah Perez / TechCrunch: |
Instagram announces a “captions sticker” to help make videos accessible without sound, coming first to Stories and then Reels — Instagram is making its video Stories and Reels more accessible with the launch of a new “captions sticker” that will allow users to watch without having the sound on.| Mary Ann Azevedo / TechCrunch: |
Persona, which helps businesses customize their identity verification process, raises $50M Series B led by Index Ventures — The identity verification space has been heating up for a while and the COVID-19 pandemic has only accelerated demand with more people transacting online.| CNN: |
The Oversight Board says it will announce its decision on Facebook's banning of Trump at 9AM ET on Wednesday, after receiving 9,000+ public responses — (CNN Business)The Facebook Oversight Board will announce its long-anticipated decision on the fate of former President Trump's Facebook account … | Alex Konrad / Forbes: |
Sleep and health tracking ring startup Oura raises $100M Series C, valuing the company at $800M, and says its ~$30M in 2019 sales doubled in 2020 — Covering venture capital, software and startups — I am a staff writer covering healthcare. Email me at kjennings@forbes.com.| Kate Clark / The Information: |
PitchBook: the number of “inside rounds”, where only previous investors participate, rose to over 1,000 in 2020 with $30B invested, up 15% from 2019 — Venture capitalists may be getting too comfortable with marking up their own portfolios. — The number of inside rounds …
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| Katie Canales / Insider: |
| Alex Sherman / CNBC: |
| Eric Slivka / MacRumors: |
| Sarah Perez / TechCrunch: |
| Kim Lyons / The Verge: |