Techmeme
April 7, 2020, 2:55 AM

Top News

Sahil Patel / Wall Street Journal:
Foursquare says it's merging with location data company Factual in an all-stock deal; the two companies say they brought in $150M+ in combined 2019 revenue  —  The all-stock deal is aimed at sharpening Foursquare's location-data offerings, from audience-targeting and ad measurement to app developer tools
Alex Konrad / Forbes:
Interview with Masayoshi Son on WeWork and the role of the Vision Fund within SoftBank; he expects 15 companies in the Vision Fund portfolio to go bankrupt  —  Covering venture capital, software and startups  —  Between the WeWork debacle and the coronavirus, the markets …
CNBC:
Airbnb raises $1B in debt and equity from Silver Lake and Sixth Street Partners; source: the funding doesn't depend on its performance or a target date for IPO  —  - Airbnb raised $1 billion in a new round of funding led by Silver Lake and Sixth Street Partners.
Feargus O'Sullivan / CityLab:
Saheli Roy Choudhury / CNBC:
Samsung forecasts Q1 2020 operating profit of $5.2B, up 2.7% YoY, beating analyst estimates, and consolidated sales of ~$44B; stock is up 3%+  —  - Samsung said it expects 6.4 trillion Korean won ($5.23 billion) in first-quarter operating profit for 2020, up 2.7% from the 6.23 trillion won it posted for the same period a year earlier.
Mark Gurman / Bloomberg:
Microsoft hires former Apple exec Ruben Caballero to work on mixed reality hardware and AI; Caballero was in charge of wireless technologies at Apple  —  Microsoft Corp. hired Apple Inc.'s former executive in charge of wireless technologies to work on mixed reality hardware and artificial intelligence technology.
Christina Farr / CNBC:
Facebook says it's releasing new Data for Good tools including Disease Prevention Maps to help public health researchers track social distancing efforts  —  - Facebook's Data for Good team is working on tools for public health researchers to help them figure out if preventative measures …
Mike Isaac / New York Times:
Facebook's automated systems may have blocked organizers of DIY face mask hand sewing efforts; Facebook says it was in error and is working to resolve the issue  —  The social network said it had made an “error” in threatening to ban the organizers of hand-sewn masks from posting or commenting on its site.
New York Times:
Interviews with over 30 sources highlight Amazon's struggle to combat COVID-19, under pressure as orders rise, as the virus spreads to more than 50 warehouses  —  Shifting sick-leave policy and communication issues are causing employees to assert themselves after they stayed on the job.
New York Times:
A look at law firm Keller Lenkner and startup FairShake, which file arbitration lawsuits against companies en masse, including 2K+ against DoorDash in one day  —  Lawyers and a Silicon Valley start-up have found ways to flood the system with claims, so companies are looking to thwart a process they created.
Chance Miller / 9to5Mac:
Tim Cook says Apple has now sourced 20M+ masks for healthcare workers from its supply chain and has designed and will ship face shields at a rate of 1M/week  —  Tim Cook is back with another update on Apple's ongoing efforts to help healthcare professionals amid the COVID-19 outbreak.

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