Tech

Instacart is being valued at $39 billion in a new round of funding that will add $265 million to the grocery delivery company’s coffers. It’s the second time Instacart’s valuation has doubled since the start of the Covid-19 pandemic. Less than five months ago, Instacart raised $200 million in a deal that valued it at
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When French telecommunications company Altice acquired U.S. cable companies Cablevision and Suddenlink, Chairman Patrick Drahi made a bold statement: Altice USA would rival Comcast and Charter in size, becoming one of the three dominant U.S. cable operators. Fast forward nearly six years, and Altice USA has about 5 million customer relationships, compared with about 31
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After the riots at the Capitol on January 6, debate is swirling over how platforms moderate content and what is protected as free speech. It’s a messy and expensive process, with Facebook spending billions to review millions of pieces of content every day. While TikTok directly employs content moderators, Facebook, Twitter and YouTube outsource most
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A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020. Michael Nagle | Bloomberg | Getty Images Still fresh off of a landmark victory in California, companies like DoorDash, Instacart, Lyft and Uber are preparing to bring their message supporting an independent workforce nationwide. But the companies will
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President Joe Biden signed an executive order Wednesday meant to address a global chip shortage impacting industries ranging from medical supplies to electric vehicles. The order includes a 100-day review of key products including semiconductors and advanced batteries used in electric vehicles, followed by a broader, long-term review of six sectors of the economy. The
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Jack Dorsey, chief executive officer of Twitter Inc. and Square Inc., speaks during an Empowering Entrepreneurs events at Ryerson University in Toronto, Ontario, Canada, on Tuesday, April 2, 2019. Cole Burston | Bloomberg | Getty Images Square bought $170 million worth of Bitcoin, the company revealed in its fiscal fourth quarter financial report on Tuesday.
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Facebook will restore news pages in Australia days after restricting them. The decision follows negotiations between the tech giant and the Australian government. “After further discussions, we are satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns about allowing commercial deals that recognize the value
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The Google campus in Mountain View includes over 20 dining options that encourage a communal experience with group tables. Brooks Kraft LLC | Corbis | Getty Images In 2017, Lauren Clayton joined the inaugural class of Howard West, Google‘s on-campus immersion program for Black college students. She became a star scholar whose big smile would
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Tim Cook (left) and Steve Jobs in 2010. Kimberly White | Getty Images In 2007, Apple unveiled the iPhone. Apple didn’t invent the smartphone — companies like Palm and Blackberry had been selling them for years. But the iPhone introduced a totally new way to interact with computers. The always-on internet connectivity, finger-friendly touch screen, and
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Elizabeth Olsen and Paul Bettany star as Wanda Maximoff and Vision in Marvel’s “WandaVision.” Disney Disney‘s “WandaVision” is so powerful and popular, it appeared to take down the company’s streaming service on Friday. Disney+ experienced a brief outage early Friday morning, around the same time the latest episode of “WandaVision” premiered, according to Downdetector, a
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An illustration of NASA’s Perseverance rover landing safely on Mars. NASA/JPL-Caltech NASA successfully landed its fifth robotic rover on Mars on Thursday, with the U.S. space agency confirming that Perseverance touched down safely on the red planet’s surface. The rover is the most technologically advanced robot that NASA has ever sent to Mars, with the
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Steve Huffman CEO, Reddit, delivers remarks on ‘Redesigning Reddit’ during the third day of Web Summit in Altice Arena on November 08, 2017 in Lisbon, Portugal. Horacio Villalobos | Corbis | Getty Images Reddit CEO Steve Huffman will tell members of Congress on Thursday that no significant activity on the company’s online community WallStreetBets last
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Bill Gates CNBC Unlike outgoing Amazon CEO Jeff Bezos and Tesla CEO Elon Musk, Bill Gates isn’t that interested in getting humans to space. “Well, it’s important to say that what Elon did with Tesla is one of the greatest contributions to climate change anyone’s ever made. And you know, underestimating Elon is not a
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Russian President Vladimir Putin attends the Extended Boards of Interior Ministry on February 26, 2020 in Moscow, Russia. Mikhail Svetlov | Getty Images Russia hasn’t ruled out the idea of President Vladimir Putin talking to Tesla billionaire Elon Musk on social media app Clubhouse, according to multiple media reports. Kremlin spokesperson Dmitry Peskov on Monday
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Singapore Airline’s Salvatore Ferragamo-branded amenity bag SFO Museum Multiple third-party sellers allegedly advertised and facilitated the sale of counterfeit Salvatore Ferragamo goods on Amazon, according to two joint lawsuits Amazon and the Italian luxury label filed Thursday.  The lawsuits filed in U.S. District Court for the Western District of Washington accuse four sellers and three
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