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News in-depthTikTok Inc
How TikTok’s Chinese owner tightened its grip on the app
...The company has vowed to mount a legal battle against the US legislation while the Chinese government has said it would oppose a sale. Any divestment will be difficult....
April 25, 2024
Reddit Inc
Reddit removes CEO pay incentives in signal of reduced hopes for IPO
...According to company filings, the social media company in December cancelled chief executive awards that were tied to the company hitting the ambitious market capitalisation following a stock market debut...
March 15, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...The frustrations pit some of TikTok’s US workers against the company at a sensitive time for its leadership....
April 9, 2024
Technology sector
Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks
...He added that within the technology sector specifically, “we are also seeing a number of the big [company] names in this space with insider selling that is not typical”....
March 24, 2024
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...A ban takes effect in 270 days, unless ByteDance sells TikTok to a non-Chinese company. Web access would be blocked in the US....
April 24, 2024
Alphabet Inc
Alphabet set to surge past $2tn valuation as it announces first dividend
...its much-hyped ChatGPT — despite the technology being created in-house by its researchers....
April 25, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Tesla Inc
Tesla steers back towards cheaper cars
...Musk remains convinced that the company’s bet on self-driving technology, which has led to several fatalities, will be its key differentiator in the future....
April 25, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...company in the world....
April 18, 2024
Tesla Inc
Tesla shareholders braced for worst results in 7 years
...The public unveiling of the robotaxi in August “may well be make-or-break time for [Tesla’s] long-promised” self-driving technology, he added....
April 22, 2024
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...For example, Yass’s group is the largest outside investor, with a 14 per cent stake, in Beijing Xindun Times Technology, or Trusfort, which provides cyber security solutions to several state-owned groups...
April 24, 2024
Apple Inc
EU probes Apple over App Store shutdown of Epic Games
...of the company’s account....
March 7, 2024
Apple Inc
Apple loses smartphone crown to Samsung as Chinese rivals gain ground
...“There is a shift in power among the top five companies, which will probably continue,” said Nabila Popal, research director at IDC....
April 15, 2024
Apple Inc
Apple reaches $490mn settlement over Tim Cook’s China demand comments
...The settlement highlights the legal risks companies face when issuing revenue guidance....
March 15, 2024
Apple Inc
‘Apple is going to war’: US lawsuit adds to iPhone maker’s antitrust woes
...A loss would set a “dangerous precedent” by allowing the government to influence how technology markets developed, it added....
March 22, 2024
Apple Inc
Apple rivals lobby EU over App Store dominance
...of the company’s $85bn-a-year services business....
February 21, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Uber Technologies Inc
Uber records first annual profit as market value approaches $150bn
...The San Francisco-based company’s earnings on Wednesday surpassed analysts’ expectations, thanks to strong demand for ride-hailing and deliveries, as well as its growing advertising business....
February 7, 2024
ByteDance
ByteDance extends employee share buyback programme to non-US workers
...Globally, employees own about 20 per cent of the company’s stock. ByteDance has approximately 100,000 employees outside the US....
April 11, 2024
Apple Inc
Apple cancels secretive electric car project in shift to focus on AI
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and a spokesman for the company declined to comment....
February 27, 2024
Stripe Inc
Stripe reaches $65bn valuation in deal to let employees cash out stock
...Stripe, which is based in San Francisco and Dublin, was Silicon Valley’s most feted start-up as it rode frothy private markets to secure investments from top venture funds....
February 28, 2024
Uber Technologies Inc
Uber chief unlocks $136mn in options after beating $120bn valuation target
...Uber’s former chief financial, operating and technology officers lost their rights to options over a collective 2mn shares that were also tied to the $120bn threshold, because all three left the business...
February 29, 2024
The Big Read
The battle over TikTok
...the person close to the company....
March 15, 2024
Reddit Inc
Reddit cashes out in a stellar IPO — but can it grow up?
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
March 22, 2024
Apple Inc
US accuses Apple of building smartphone market monopoly in antitrust case
...“If successful, it would hinder our ability to create the kind of technology people expect from Apple — where hardware, software and services intersect....
March 21, 2024
Reddit Inc
Reddit aims to raise more than $500mn in IPO
...The social media company’s public offering comes as the US IPO market has been depressed for more than two years....
March 11, 2024
Reddit Inc
Reddit’s pre-IPO roadshow to kick off next week
...The company is targeting between $31 and $34 a share, translating to a valuation of as much as $6.5bn. Reddit and the NYSE declined to comment....
March 7, 2024

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