When Vijay Chattha was making a startup, his competitor was what some would simply call a media darling. The opposition had a fantastic story, which made trader curiosity. In convert, that curiosity served land critical shoppers. And so the cycle recurring. Chattha finally marketed that organization in a lukewarm exit […]
Techs
This article is part of the On Tech newsletter. Here is a collection of past columns. Every few months, I concoct new ways to say that tech giants make a lot of money. Today, I give up. I’ll just say that Big Tech companies are really, really, really, really big […]
(Bloomberg Opinion) — As if to symbolize U.S. decline, a giant of American industry is being overtaken by foreign rivals. Intel Corp., the company that once marked U.S. dominance of the semiconductor industry, has announced that the introduction of its new flagship series of computer chips, 7nm CPUs, will be […]
Sundar Pichai, Tim Cook, Jeff Bezos and Mark Zuckerberg On Wednesday, the chief executives of Amazon, Apple, Facebook and Google face an unprecedented joint hearing in Washington as their companies face growing concerns about their size and power. Jeff Bezos, Tim Cook, Mark Zuckerberg and Sundar Pichai are due to […]
Since 2005, Alphabet, Apple, Amazon, and Facebook have acquired 385 other US companies, according to PitchBook. Alphabet alone has acquired 185. Big tech’s buying spree is already being scrutinized by the US Federal Trade Commission, the EU, and Australia’s Competition and Consumer Commission. On Monday, the US Congress is up: […]
Click here to read the full article. As the world’s fashion houses reevaluate their business models, and the act of fashion shopping increasingly goes digital, tech tools and platforms featuring emerging technologies shift ever more into the spotlight. The latest debuted on Monday, courtesy of Australia-based cofounders Doron and Cayley […]
(Bloomberg) — Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the first of India’s mega-startups to debut as its digital economy booms. The startup plans to secure about $250 million in a round of financing at a $2 billion-plus […]
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. raised its outlook for 2020 revenue and spending, counting on global 5G smartphone and high-end computing demand to stay strong despite growing signs of a second coronavirus wave. Apple Inc.’s main iPhone chipmaker is now projecting more than 20% growth in sales, up markedly […]