Techmeme

Results 1 - 10 of about 103:

Serena Saitto / The Information:
Sources: neighborhood social network Nextdoor has raised $75M in new funding at a valuation higher than previous round's $1.1B valuation in 2015   —  Nextdoor, the social media platform for city neighborhoods, has raised $75 million at a valuation above the $1.1 billion level it reached …
Dec 11, 2017, 3:33 PMIn context
Amir Efrati / The Information:
Sources: Lyft made $483M in revenue in the first half of the year, more than all of last year; net loss fell from $283M last year to $206M   —  Lyft's finances improved in the first half of 2017, new documents show, as the company lost less money on revenue estimated to be 200% higher than the year-earlier period.
Nov 30, 2017, 5:20 PMIn context
Reed Albergotti / The Information:
Sources: Andy Rubin left Google in 2014 after internal inquiry found he had an inappropriate relationship with a subordinate, has now taken leave from Essential   —  Andy Rubin, the creator of Android and a key executive at Google Inc. for nine years, left the company in 2014 shortly …
Nov 29, 2017, 3:05 AMIn context
Juro Osawa / The Information:
Alibaba to Invest $2.9 Billion in Chinese Retail Megastore Operator   —  Alibaba Group has agreed to invest about $2.9 billion in one of China's largest operators of retail megastores, according to a person familiar with the matter.  —  The investment in Sun Art Retail Group …
Nov 19, 2017, 1:10 PMIn context
Tom Dotan / The Information:
Sources: Snap's head of engineering Tim Sehn to step down; announcement expected today   —  Snap's vice president of engineering Tim Sehn is stepping down from the company, say people familiar with the matter.  His departure is expected to be announced Wednesday when the company files details …
Nov 7, 2017, 9:20 PMIn context
Kevin McLaughlin / The Information:
Source: VMware to acquire software-based networking startup VeloCloud; VeloCloud has raised $84M in funding since launch in 2012   —  VMware has struck a deal to acquire software-based networking startup VeloCloud Networks, according to a person close to VeloCloud, in a move that is likely …
Nov 1, 2017, 6:40 PMIn context
Tom Dotan / The Information:
Sources: Snap overestimated demand for Spectacles, has hundreds of thousands of unsold units in warehouses; Evan Spiegel previously said sales beat expectations   —  Snap badly overestimated demand for its Spectacles and now has hundreds of thousands of unsold units sitting in warehouses …
Oct 23, 2017, 10:25 AMIn context
Amir Efrati / The Information:
Sources: Google prepares to launch fully autonomous taxi service by 2018, maybe in Phoenix suburb, amid lingering issues with software, like making left turns   —  Alphabet's Waymo is gearing up to launch a self-driving ride-sharing service this fall, but major problems with the technology persist …
Oct 3, 2017, 4:05 PMIn context
Amir Efrati / The Information:
The People Who Matter at Waymo   —  Waymo, Alphabet's self-driving car unit, is preparing to launch the first commercial ride-sharing service powered by self-driving vehicles with no human “safety” drivers as soon as this fall, according to two people briefed about the plan.
Oct 2, 2017, 11:40 PMIn context
Amir Efrati / The Information:
Sources: Lyft is planning to expand into Canada by year's end, its first market outside the US, and could then move into Australia and New Zealand   —  As Lyft begins a large-scale advertising campaign to try to continue gaining market share versus Uber in the U.S., its geographic ambition is rising.
Sep 14, 2017, 11:35 AMIn context

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