Month: May 2020

One vote. That’s all it needed for a bipartisan Senate amendment to pass that would have stopped federal authorities from further accessing millions of Americans’ browsing records. But it didn’t. One Republican was in quarantine, another was AWOL. Two Democratic senators — including former presidential hopeful Bernie Sanders — were nowhere to be seen and
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Nov. 4 — Former Microsoft Chief Executive Officer Steve Ballmer joins host Emily Chang on “Bloomberg Studio 1.0” to discuss his relationship with Bill Gates. Like this video? Subscribe to Bloomberg Technology on YouTube: http://www.youtube.com/BloombergTech?sub_confirmation=1 Subscribe to Bloomberg for the latest business news: http://www.youtube.com/Bloomberg?sub_confirmation=1 And subscribe to Bloomberg Politics for the latest political news: http://www.youtube.com/BloombergPolitics?sub_confirmation=1
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The cannabis market was in the midst of a correction when the COVID-19 crisis hit and could emerge stronger than ever. After a breakthrough period of growth, cannabis startups entered 2020 with depressed values and an uncertain future. Now, with millions sheltering in place, many companies are seeing unprecedented demand and growth opportunities as many
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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday afternoon, Vroom, an online car buying service, filed to go public. Based on its SEC filing, Vroom is a highly-successful private company in fundraising terms that has attracted over $700 million during its life
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A livestreamed “debate” yesterday between Facebook CEO Mark Zuckerberg and a European commissioner shaping digital policy for the internal market, Thierry Breton, sounded cordial enough on the surface, with Breton making several chummy references to “Mark” — and talking about “having dialogue to establish the right governance” for digital platforms — while Zuckerberg kept it
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Search-as-a-service startup Algolia is announcing some changes at the helm of the startup. Co-founder and CEO Nicolas Dessaigne is transitioning to a non-operational role at the company. He’ll still be a board member, but Bernadette Nixon is joining the company to take on the CEO position. Algolia is building a search engine API. The company
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Users are reporting that trading platform Robinhood is down on a day that’s seen stock markets soar. Robinhood’s status page says all systems are “operational,” but users on Twitter said they could not access the service. Robinhood did not immediately comment when reached. Some users said Etrade was also experiencing problems. A spokesperson for Etrade
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A famous investor published notes today concerning its startup investments, detailing where they excelled and where they struggled. To understand why we care about this particular investor’s results, a little context helps. The investor in question is Japanese telecom giant and startup benefactor SoftBank, which reported its fiscal year’s results this morning. SoftBank’s investments are
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When Verizon (which owns this publication) announced it was buying video conferencing company BlueJeans for around $500 million last month, you probably thought it was going take awhile to bake, but the companies announced today that they has closed the deal. While it’s crystal clear that video conferencing is a hot item during the pandemic,
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European startups are calling for more flexibility in EU state aid rules to allow national governments to provide liquidity for the region’s fledgling digital businesses during the COVID-19 crisis. In a joint letter addressed to Commission EVP Margrethe Vestager, more than a dozen startup associations from across the bloc have called for rules to be
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Kevin Mayer, head of The Walt Disney Company’s direct-to-consumer and international business, is departing to become CEO of TikTok, as well as COO of the popular video app’s parent company ByteDance. Founder Yiming Zhang will continue to serve as ByteDance CEO, while TikTok President Alex Zhu (formerly the co-founder of the predecessor app Musical.ly) becomes
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Julian Shapiro Contributor Julian Shapiro is the founder of BellCurve.com, a growth marketing team that trains startups in advanced growth, helps hire senior growth marketers and finds vetted growth agencies. He also writes at Julian.com. More posts by this contributor Use accelerated retargeting to increase conversions Break-even ads can generate free brand awareness We’ve aggregated
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The COVID-19 pandemic has ushered in a wave of Chinese companies with manufacturing operations to produce virus-fighting equipment: Shenzhen-based electric vehicle giant BYD quickly moved to launch what it claims to be the world’s largest mask plant; Hangzhou-based voice intelligence startup Rokid is making thermal imaging glasses targeted at the US market; and many more. The
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