Techmeme

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Jordan Novet / CNBC:
Sources: Apple spent $350M in 2018 and is now spending $30M+ every month on Amazon's cloud, making it one of the biggest AWS customers   —  As Apple and Amazon compete for a greater share of consumer dollars and attention, they also have a particularly intimate business relationship …
Apr 22, 2019, 9:15 AMIn context
Annaliese Griffin / Quartz:
A look back at a distinctly gendered condescension that has often defined the news coverage of Pinterest because of its overwhelmingly female audience   —  Even as Pinterest prepares to go public, tech journalists covering the company remain slightly befuddled when it comes to defining what it does.
Apr 21, 2019, 3:05 PMIn context
Alex Konrad / Forbes:
A profile of Zoom and its founder Eric Yuan, who led Webex's engineering group at Cisco before leaving to build the video conferencing company   —  Zoom CEO Eric Yuan cut an unlikely figure as he addressed the cheering throng in the moments before ringing the opening bell at Nasdaq …
Apr 20, 2019, 2:00 AMIn context
Alex Wilhelm / Crunchbase News:
CDN provider Fastly files for an IPO, says it had $144M in revenue, up 38% YoY, and a net loss of $31M in 2018; Fastly raised a total of $219M in VC funding   —  Morning Markets: A dorky edition of this column focused on the Fastly S-1 filing.  —  Subscribe to the Crunchbase Daily
Apr 19, 2019, 2:10 PMIn context
Lauren Feiner / CNBC:
Pinterest closes up 28% on its first day of trading after raising $1.43B in its IPO and is now valued at nearly $13B, above the $12B valuation at its last raise   —  - Pinterest begins trading on the New York Stock Exchange under the ticker “PINS,” debuting at $23.75, up 25% from its IPO price.
Apr 18, 2019, 11:55 AMIn context
Salvador Rodriguez / CNBC:
Pinterest prices its IPO at $19 per share, above the top end of the expected range, valuing the company at $10B   —  Pinterest raised $1.43 billion in its IPO after pricing the offering at $19 a share on Wednesday, valuing the company at $10 billion.  —  Pinterest, which is expected …
Apr 17, 2019, 8:07 PMIn context
CNBC:
Zoom prices its IPO at $36 per share, above the expected range, valuing the business at $9.2B   —  Videoconferencing company Zoom priced its IPO at $36 a share, above of its already increased range and valuing the business at $9.2 billion.  —  Zoom, which is slated to start trading on Thursday …
Apr 17, 2019, 5:25 PMIn context
CNBC:
PagerDuty closes at $38.25, up 59%, on its first day of trading, valuing the company at around $2.8B   —  - PagerDuty is the first notable software company to go public this year, and comes ahead of Zoom's expected offering next week.  —  PagerDuty shares jumped 59% in their opening …
Apr 11, 2019, 4:53 PMIn context
Pew Research Center:
Study: the share of US adults who say they use social media is statistically unchanged from where it stood in early 2018 despite a long stretch of controversies   —  The share of U.S. adults who say they use certain online platforms or apps is statistically unchanged from where it stood …
Apr 10, 2019, 4:15 PMIn context
Seth Fiegerman / CNN:
Pinterest's slow approach to growth has let it build a distinct brand and avoid harsh scrutiny, while allowing other platforms to overshadow it in the press   —  New York (CNN Business)The team at Pinterest was nervous.  —  For most of its early history, the digital scrapbooking service had grown unimaginably fast.
Apr 10, 2019, 2:30 AMIn context

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