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Olga Kharif / Bloomberg:
Chainalysis: Bitcoin Cash payments down to $3.7M in May from $10.5M in March, Bitcoin payments totaled $60M in May, down from $412M in September   —  - Commercial use of Bitcoin Cash dropped to $3.7 million May  — Chainalysis says there are few larger users of the coin
Aug 22, 2018, 6:05 AMIn context
Sarah McBride / Bloomberg:
Getaround, a San Francisco-based peer-to-peer car sharing service, raises $300M Series D led by SoftBank: source says at more than $800M post-money valuation   —  SoftBank Group Corp. is leading a $300 million funding round into Getaround, a San Francisco-based car-sharing service.
Aug 21, 2018, 11:45 PMIn context
Peter Blumberg / Bloomberg:
Federal court filing: Uber harassment case settlement will award $1.9M in damages across 56 current and former employees who filed claims   —  The cost of Uber Technologies Inc.'s sexual harassment scandal is now itemized: 56 current and former employees who filed claims stand to collect an average of $33,928.57.
Aug 21, 2018, 3:00 PMIn context
Mya Frazier / Bloomberg:
AWS often strikes secret deals with energy companies and states for electricity discounts that critics say pass on the cost to households and local businesses   —  The company's rate discounts have pushed up utility costs for everyone else.  —  For a little while earlier this year …
Aug 21, 2018, 7:55 AMIn context
Matthew Leising / Bloomberg:
The Winklevoss' debut Virtual Commodity Association, a self-regulatory working group for crypto assets; members include Gemini, Bitstamp, bitFlyer USA, Bittrex   —  - The Virtual Commodity Association seeks to stamp out cheating  — Members include Gemini, Bitstamp, BitFlyer and Bittrex
Aug 20, 2018, 5:00 PMIn context
Bloomberg:
Sources: Apple to debut a pro-focused upgrade to Mac mini and a low-cost laptop like MacBook Air but with smaller bezels and a retina 13" screen later this year   —  - Retina laptop, pro-focused Mac mini desktop coming this year  — Apple reported fewest Mac sales since 2010 during last quarter
Aug 20, 2018, 3:18 PMIn context
Shelly Banjo / Bloomberg:
Review of 20+ IPO filings from Chinese tech companies in the past two years shows outsized influence of Alibaba and Tencent investments on companies' prospects   —  In their IPO filings, rising companies are warning investors that the tech giants' deals can feel like a trap.
Aug 20, 2018, 4:45 AMIn context
Ellen Huet / Bloomberg:
Sources: as Google considers return to China, Sundar Pichai talks about potential positive impact, while Sergey Brin, who led 2010 pullout, now sounds neutral   —  Mozilla, another progressive U.S. internet player, ceded moral high ground to stay in China  —  Google executives admitted …
Aug 17, 2018, 11:05 PMIn context
Bloomberg:
Source: Amazon is working on a DVR that will record live TV, wirelessly connect to Fire TV boxes, and stream the video to smartphones   —  - Box would record live TV and stream that video to smartphones  — Device competes with offerings from TiVo, Dish's Slingbox
Aug 17, 2018, 4:30 PMIn context
Jeremy Kahn / Bloomberg:
A look at Europe's struggle to build a truly global tech giant and some of the challenges facing its startup ecosystem   —  This is the best moment in decades for the continent to battle its way back to relevance.  Its startups need to act like it.  —  Jeez, Europe, what more do you need?
Aug 17, 2018, 6:30 AMIn context

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