Techmeme

Results 71 - 80 of about 137:

Dan Primack / Axios:
Shervin Pishevar and two other Uber investors demand that Benchmark, which sued Travis Kalanick for fraud, give up its Uber board seat and sell its Uber shares   —  A group of Uber investors has asked that venture capital firm Benchmark step down from the company's board of directors, Axios has learned.
Aug 11, 2017, 6:20 PMIn context
Dan Primack / Axios:
Benchmark sues Kalanick for fraud, wants to invalidate 2016 stockholder vote, which would eliminate 3 board seats for Kalanick appointees, including Kalanick's   —  The battle between Benchmark Capital and Travis Kalanick just went nuclear, with the venture capital firm suing the former Uber CEO for fraud …
Aug 10, 2017, 3:20 PMIn context
Dan Primack / Axios:
Memo: SoundCloud asks investors to approve reorganization proposal; if accepted, new $170M round will close Friday at pre-money valuation of $150M   —  Tomorrow is do or die for SoundCloud, the struggling streaming music company that recently laid off 40% of its staff despite having raised over $230 million in venture capital.
Aug 10, 2017, 1:45 PMIn context
David McCabe / Axios:
Techdirt gets $250K+ via Craig Newmark, Freedom of the Press Foundation, Charles Koch Foundation, more to cover free speech while battling Hulk Hogan's lawyer   —  An eclectic group is financially backing TechDirt, a tech news site being sued for libel by the same lawyer who who helped take down Gawker.
Aug 9, 2017, 1:15 PMIn context
Dan Primack / Axios:
Greylock COO Tom Frangione out, source says due to “inappropriate” consensual relationship, just weeks after partner Reid Hoffman proposed a “Decency Pledge”   —  Tom Frangione has stepped down as chief operating officer of Greylock Partners, after the Silicon Valley …
Aug 3, 2017, 11:30 AMIn context
Ina Fried / Axios:
Tim Cook says Apple had no choice in removing VPN apps in China due to local law, but hopes restrictions will be loosened over time   —  Asked about the recent removal of VPN apps from the Chinese App Store, Apple CEO Tim Cook said the company had no choice under local laws, but expressed hope the crackdown won't be permanent.
Aug 1, 2017, 6:20 PMIn context
Dan Primack / Axios:
Sources: Uber board member views on Whitman as CEO: Kalanick, Huffington not in support; Cohler, Trujillo, Graves, Camp in favor; Martello and Rumayyan, unclear   —  Uber's board of directors is expected to meet tonight, in order to discuss both its vacant CEO position and a possible investment from Japan's SoftBank Group.
Jul 27, 2017, 6:40 PMIn context
Ina Fried / Axios:
Tech leaders including Tim Cook, Jack Dorsey, Mark Zuckerberg, Sam Altman, Sundar Pichai, and Marc Benioff speak out against Trump's transgender troop ban   —  Salesforce and the CEO of Google are among the first tech leaders to publicly speak out after President Trump's announcement Wednesday …
Jul 26, 2017, 3:20 PMIn context
Axios:
Sources: Y Combinator raising up to $1B for second Continuity fund, which will merge with early-stage investment program, and won't be limited to YC companies   —  Silicon Valley startup accelerator Y Combinator is raising up to $1 billion for a new venture capital fund, Axios has learned from multiple sources.
Jul 21, 2017, 10:55 AMIn context
Ina Fried / Axios:
Microsoft CFO Amy Hood: for the first time, Microsoft got more revenue from Office 365 subscriptions than from traditional Office software licensing   —  Shares of Microsoft hit record territory in after-hours trading on Thursday, topping $75 a share, after the software giant's better-than-expected financial results.
Jul 21, 2017, 7:10 AMIn context

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