| 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.| 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 … | 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 … | Mark Gurman / Bloomberg: |
| Chance Miller / 9to5Mac: |
| 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 … | 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 … | 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.| Jane Lee / 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 … | William Ralston / Wired: |
An in-depth look at the fallout from a ransomware attack on Finnish private mental health provider Vastaamo, which exposed therapists' notes about patients — A mental health startup built its business on easy-to-use technology. Patients joined in droves. Then came a catastrophic data breach.| Reuters: |
| 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. … | Sarah Perez / TechCrunch: |
Instagram unveils a “captions sticker”, which automatically captions videos to make them more 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” … | 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.| 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 … | Alex Wilhelm / TechCrunch: |
WorkBoard, which develops software to help companies manage their corporate planning, raises $75M Series D led by SoftBank at a post-money valuation of $800M — This morning WorkBoard, a software startup that sells software designed to help other companies plan, announced that it has raised …
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This is a Techmeme archive page. It shows how the site appeared at 3:10 PM ET, May 4, 2021.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
| Katie Canales / Insider: |
| Eric Slivka / MacRumors: |
| Sarah Perez / TechCrunch: |
| CNN: |
| Kim Lyons / The Verge: |