Tencent Music, China’s largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 a piece ahead of a listing on the Nasdaq. That makes it one of the large
Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are
Update 2: Everyone has been cleared to return to the buildings. Facebook spokesperson Genevieve Grdina issued this statement: “Late this afternoon, we received a bomb threat and took swift actio
Two years ago, a couple of VCs from Shea Ventures, a 50-year-old, L.A. -based investment firm, banded together to create a Pasadena, Ca.-based early stage venture firm called Calibrate Ventures. Inves
The decision concludes a three-days-long court hearing in which the judge and the public prosecutor debated whether Wanzhou would breach her bail conditions.
Wix is taking a big step beyond website building today with the launch of a suite of products called Ascend. PR Manager Matt Rosenberg explained that just as Wix was founded with the aim of “dem
Instead of a standard based on wealth, or even knowledge -- one based on users’ contributions of time and attention.
"I want The Riveter to be the place people think of when they think of women and work," says its CEO Amy Nelson.
Internet users are already being tracked to death, with ads that follow us around, search histories that are collected and stored, emails that report back to senders when they’ve been read, webs
Almost one year after a California judge dismissed Apartment Investment & Management Company’s lawsuit against Airbnb, both companies have agreed to settle all of their disputes. Aimco, whic
When Dell voted to buy back the VMware tracking stock and go public again this morning, you had to be wondering what exactly the strategy was behind these moves. While it’s clearly about gaining
Tesla CEO Elon Musk has floated the idea for an all-electric pickup truck numerous times in the past two years. Now, he’s back at it, this time with a teaser that Tesla might have a prototype to
There's lots of research going into tiny drones, but one of the many hard parts is keeping them in the air for any real amount of time. Why not hitch a ride on something that already flies all day? Th
The investment bank is said to be leading Uber's IPO, expected in the first quarter of 2019. JPMorgan, meanwhile, has reportedly been hired to lead Lyft's offering.
The question of how self-driving cars will interact and communicate with humans is one that has come up before, but the answer is still up in the air. Google has been looking into this at least since
Google may have evaded the first few rounds of grill-a-tech-exec, but its CEO Sundar Pichai wound up in the hot seat on the Hill after all. Pichai appeared today, weathering a three-and-a-half-hour he
Ah, holiday board gaming. A roaring fire. A glass of nog. And a raging debate over whether the blue guy was next to the red square or vice versa. Buying a gift for a board game fan? Just need somet
We were promised jetpacks, but let's be honest, they're just plain unsafe. So a nice drone ride is probably all we should reasonably expect. Lift Aircraft is the latest to make a play for the passenge
Thought VR was too expensive and too bulky? Well, VRgineers is here with a giant $5,800 headset to prove that you lack perspective. The Prague-based startup just showed off its latest piece of high-en
Apparently, a lot of people realize at the last minute that they don’t have either beer, wine or liquor in their home when they need it. It’s certainly the most obvious explanation for a s