Techmeme

Results 11 - 20 of about 301:

Jason Del Rey / Recode:
Sources: Birchbox sells majority ownership to one of its hedge fund investors, Viking Global, which will invest $15M more, after sale talks with QVC fell apart   —  Viking Global Investors is the new majority stakeholder in the beauty startup.  —  After many months of acquisition talks …
May 1, 2018, 4:45 PMIn context
Jason Del Rey / Recode:
Amazon will raise the US price of Prime for the first time in 4 years, from $99 to $119; change will take effect for new subs May 11 and existing subs June 16   —  The increase is effective for new customers starting May 11.  —  Amazon is increasing the price of its Prime membership in the U.S …
Apr 26, 2018, 5:50 PMIn context
Recode:
Sources: Postmates and DoorDash CEOs have discussed possible merger at least once to better fight competitors; Postmates has also discussed a sale to GrubHub   —  Postmates faces a challenge: Profitability seems a long way off, and rival DoorDash has a big investment from SoftBank.
Apr 6, 2018, 6:55 PMIn context
Jason Del Rey / Recode:
Warby Parker raises $75M round led by T. Rowe Price, sources say at a valuation of $1.75B   —  The company has now raised nearly $300 million in total.  —  Warby Parker's co-CEOs continue to talk about an IPO like it's a “when,” not an “if.”  But the “when” still isn't now.
Mar 14, 2018, 11:35 AMIn context
Jason Del Rey / Recode:
Square says that in December 7M customers used the Cash app and that Cash customers spent more than $90M using virtual and physical Cash cards   —  That's... pretty big?  —  Since Square's founding in 2009, CEO Jack Dorsey has been determined to build a consumer hit that complements the company's core payment-processing business.
Feb 27, 2018, 6:40 PMIn context
Jason Del Rey / Recode:
Sources: Amazon plans to open up to six new Amazon Go cashierless stores this year, with most in Seattle and one in Los Angeles' The Grove mall   —  New futuristic convenience stores could appear in Seattle and Los Angeles.  —  Amazon's much-heralded convenience store of the future, Amazon Go, may seem like a crazy experiment.
Feb 22, 2018, 11:20 AMIn context
Jason Del Rey / Recode:
eBay says it will stop using PayPal for its backend payments service by 2020, will work with Amsterdam-based Adyen instead; PayPal stock down 8%+   —  The shopping marketplace will instead begin working with Amsterdam-based Adyen.  —  One of the tech industry's most storied partnerships is coming to an end.
Jan 31, 2018, 6:40 PMIn context
Jason Del Rey / Recode:
Jet.com's president Liza Landsman is leaving just 18 months after the $3B Walmart acquisition   —  Liza Landsman had been elevated to the top role one year ago.  —  Liza Landsman, president of the Jet.com e-commerce site that Walmart acquired for $3 billion in late 2016 …
Jan 25, 2018, 8:55 PMIn context
Jason Del Rey / Recode:
Amazon Go, a high-tech version of a 7-Eleven, will finally open on Monday — with no checkout lines and no cashiers   —  Amazon Go allows customers to grab items and just walk out without stopping to pay.  —  Amazon's store of the future has been five years in the making.  But the unveiling is just about here.
Jan 21, 2018, 10:10 AMIn context
Jason Del Rey / Recode:
As Jeff Bezos becomes the richest man in history, now worth over $105B, questions loom large on his philanthropic intentions   —  It's been seven months since Bezos tweeted a request for philanthropic ideas.  —  After the New York Times questioned Jeff Bezos about his level of philanthropic giving …
Jan 9, 2018, 11:00 PMIn context

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