Catherine Shu
Writer
The Latest from Catherine Shu
Original Content podcast: We can’t resist the thoughtful glamour of ‘The Crown’
We weren’t expecting to like “The Crown.” Yes, there are talented actors and fancy costumes on-screen, and yes, there’s an acclaimed writer at the helm who specializes in drama
The real-life Emery and Evan from “Fresh off the Boat” launch Batu Capital for cannabis, crypto and big data startups
Restaurateur and raconteur Eddie Huang is the best known of the three “Fresh off the Boat” brothers (it was his memoir that inspired the ABC sitcom), but his younger brothers Emery and Evan remain
ServiceNow to acquire FriendlyData for its natural language search technology
Enterprise cloud service management company ServiceNow announced today that it will acquire FriendlyData and integrate the startup’s natural language search technology into apps on its Now platform.
Google will not bid for the Pentagon’s $10B cloud computing contract, citing its “AI Principles”
Updated with full text of Google’s statement below. Google has dropped out of the running for JEDI, the massive Defense Department cloud computing contract potentially worth $10 billion. In a
Saudi Arabia’s sovereign fund will also invest $45B in SoftBank’s second Vision Fund
The sovereign fund of Saudi Arabia plans to invest $45 billion into the second SoftBank Vision Fund, two years after putting the same amount into the original $100 billion Vision Fund, Saudi Arabia Cr
[Updated] Faraday Future investor Evergrande Health now says the troubled startup is trying to back out of deal
Update: Faraday Future has responded to Evergrande Health’s filing with a public statement claiming that “contrary to what Evergrande has told the press and its shareholders, neither FF&
Despite minimum wage increase, some Amazon workers say losing stock options and bonuses means they will make less
Amazon’s announcement this week that it will raise its minimum wage for workers in the United States and United Kingdom earned it a wave of positive publicity, but backlash is already growing as rep
[Updated] Federal judge rules Tesla must defend itself against lawsuit alleging it mistreated foreign workers
(Updated below with Tesla’s statement.) A federal judge denied Tesla’s motion to dismiss charges in a lawsuit claiming that it mistreated foreign workers. This means the automaker will have to
Years after Evan Spiegel tried to buy Secret, its co-founder David Byttow joins Snap as director of engineering
David Byttow, co-founder of Secret, the defunct anonymous social network that once gained notoriety for serving as the tech industry’s burn book, announced today that he will join Snap. The hire is
Trump administration sues California over its brand-new net neutrality law
The Department of Justice announced on Sunday that it has filed a lawsuit against California to block its new net neutrality law, just hours after it was signed by governor Jerry Brown. The lawsuit wa
Chinese electric scooter startup Niu files for $150M U.S. public offering
Chinese electric scooter startup Niu Technologies has filed for an initial public offering on Nasdaq to raise up to $150 million. In its form, Niu said it is “the largest lithium-ion battery-pow
Google CEO Sundar Pichai will reportedly meet with Republican lawmakers this week
Google CEO Sundar Pichai will meet in private with Republican lawmakers on Friday to discuss issues including its work in China and alleged political bias, reports the Wall Street Journal. The meeting
Meituan-Dianping’s IPO off to a good start as shares climb 7% on debut
Meituan-Dianping (3690.HK) enjoyed a strong debut today in Hong Kong, a sign that investors are confident in the Tencent-backed company’s prospects despite its cash-burning growth strategy, heavy co
Google will match up to $1M in donations for Hurricane Florence relief
As cities in Hurricane Florence’s path deal with its aftermath, Google will match up to $1 million in donations to help with relief efforts. The disaster’s death toll is currently 35 people and ab
Google partners with Renault-Nissan-Mitsubishi to put Android into millions of vehicles
Google will partner with Renault -Nissan-Mitsubishi, the largest auto alliance in the world by vehicle sales, to put Android-based infotainment systems into millions of cars, the companies told Wall S
Ola raises $50M at a $4.3B valuation from two Chinese funds
Ola, the arch-rival of Uber in India, has raised $50 million at a valuation of about $4.3 billion from Sailing Capital, a Hong Kong-based private equity firm, and the China-Eurasian Economic Cooperati
WHILL raises $45M to help people with disabilities get around airports and other large venues
WHILL, the startup known for creating sleek, high-tech personal mobility devices, announced today that it has closed a $45 million Series C. The funding will be used for expanding into new internation
Logistics startup Freightos raises $44.4M Series C led by Singapore Exchange
Freightos, a marketplace for logistics providers, announced today that it has raised a $44.4 million Series C led by Singapore Exchange. Returning investors including General Electric Ventures (the le
Marc and Lynne Benioff will buy Time magazine from Meredith for $190M
Another tech billionaire will scoop up a major news outlet. Meredith Corporation, which acquired Time Inc. in January, announced today that it has agreed to sell its eponymous magazine to Salesforce.c
Website builder Strikingly raises $10M Series A+ to continue growth in China
Almost exactly one year after announcing its Series A, website building platform Strikingly said today that it has raised a $10 million Series A+. The new round was led by Cathay Capital, with partic