Sources: Microsoft is prepared to walk away from high-stakes OpenAI negotiations if they cannot agree on critical issues, such as the size of Microsoft's stake
ChatGPT maker's plans to convert into a for-profit leads software giant to make contingency plans
Instacart says it has voluntarily cut its valuation to ~$24B to boost recruiting and retention; Instacart was valued at $39B during its latest raise last March
Instacart Inc. is slashing its valuation by almost 40% to about $24 billion, a move it says will help the company attract talent and adapt to market conditions.
Sources: a small group of ByteDance's US investors are discussing the possibility of joining forces to buy a majority stake in TikTok
A small group of ByteDance's U.S. investors is discussing with the company's top management the possibility of joining forces to buy a majority stake in TikTok …
Sources: Google plans to overhaul Google Pay by letting online and brick-and-mortar merchants set up their own branded buttons inside the US version of its app
similar to how Google Pay operates in India and WeChat does in China https://thein.fo/... via @JuroOsawa @NickBastone @fattailcapital : Everyone wants to be WeChat: https://www.the...
Facebook unveils Facebook Pay, which will work on Facebook, Messenger, Instagram, and WhatsApp, to let users shop, donate to causes, send money to friends, more
Tom Warren / The Verge :
WeWork files to raise $1B in an IPO, reports a $904M net loss on around $1.5B in revenue for first half of 2019
WeWork parent The We Company is about to achieve … Stephen Gandel / CBS News : WeWork IPO filing shows it's losing nearly $5,200 per customer Chris O'Brien / VentureBeat : WeWork I...
Sources: Verizon has dropped all plans to sell phones made by Huawei, including the new Mate 10 Pro, after facing pressure from the US government
Carriers pressured by U.S. government to avoid handset maker — Perceived threat draws Trump team proposal for nationalization