Techmeme

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Steve Kovach / CNBC:
Netflix says its CFO David Wells, who led the service's international expansion to 190 countries, is leaving the company after 14 years   —  Netflix chief financial officer David Wells will step down, the company announced Monday.  —  The company said Wells will stay on the job until he can help choose a successor.
Aug 13, 2018, 9:40 AMIn context
Arjun Kharpal / CNBC:
Deloitte: since 2015, China has outspent the US by $24B in 5G infrastructure and has built 350K new cell sites, compared to less than 30K in US   —  - China has built 350,000 new cell sites, while the U.S. has built fewer than 30,000 since 2015, according to Deloitte.
Aug 13, 2018, 12:30 AMIn context
CNBC:
Sources: Tesla's board to meet with advisers to discuss Musk's take-private proposal; source: Musk previously talked with Saudi Arabia's sovereign wealth fund   —  - The Tesla board is taking Elon Musk's offer to take the company private at $420-per-share seriously and may tell Musk to recuse himself …
Aug 9, 2018, 5:18 PMIn context
Saheli Roy Choudhury / CNBC:
Chinese online grocery delivery company Dada-JD Daojia, which is partly owned by JD.com, says it has raised $500M from Walmart and JD.com   —  - Walmart and JD.com will invest $500 million in Dada-JD Daojia, according to the Chinese online grocery delivery company.
Aug 8, 2018, 11:25 PMIn context
CNBC:
Sources: Silver Lake acquires a one-third stake in GoodRx, a US-based online drug price comparison shopping company, at about a $2.8B valuation   —  - GoodRx's hunt for a buyer has culminated in an investment from Silver Lake that values the company at about $2.8 billion.
Aug 7, 2018, 11:55 PMIn context
Jillian D'Onfro / CNBC:
Autonomous trucking startup Kodiak Robotics, co-founded by Otto co-founder Don Burnette, raises $40M Series A led by Battery Ventures   —  - One of the co-founders of Otto, the ill-fated autonomous trucking startup that Uber acquired in 2016, has launched a new startup in the same space.
Aug 7, 2018, 1:20 PMIn context
CNBC:
Twitter says accounts for Alex Jones and Infowars do not violate its policies, and it will leave them live for now   —  - Apple, Facebook and Google-owned YouTube removed videos, pages and podcasts posted by the controversial radio host.  — Jones took to Twitter and its wholly owned …
Aug 6, 2018, 6:35 PMIn context
Sara Salinas / CNBC:
YouTube removes the Alex Jones Channel for violating community guidelines, after he circumvented a suspension by live streaming on other channels   —  YouTube has removed Alex Jones' page, following bans earlier Monday from Apple and Facebook.  —  The Alex Jones Channel …
Aug 6, 2018, 12:10 PMIn context
Sara Salinas / CNBC:
Sonos closes its first day of trading at $19.91, up 32% from its initial price of $15, giving the company a valuation of about $1.95B after today's IPO   —  - Sonos markets its high-end, web-connected speakers to audiophiles and music fans as the speaker industry moves toward smart assistants made by Amazon and Google.
Aug 2, 2018, 4:58 PMIn context
Elizabeth Gurdus / CNBC:
Starbucks partners with Alibaba in China, announces integration with Alibaba's apps and will open 150 stores in Beijing and Shanghai in partnership with Ele.me   —  - Starbucks and Alibaba are partnering to expand the coffeemaker's delivery and digital presence in China, Starbucks CEO Kevin Johnson tells CNBC.
Aug 1, 2018, 10:30 PMIn context

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