Shopify reports Q2 revenue of $1.12B, up 46% YoY, and gross merchandise volume of $41.8B, up 35% YoY, and says cumulative GMV reached $400B — Canada's Shopify Inc's (SHOP.TO) third-quarter revenue fell short of Wall Street estimates, hurt by stiff competition as rivals invest more money to develop their e-commerce platforms.
ClickHouse, which provides an online analytical processing database management system, raises $250M at a $2B valuation led by Coatue and Altimeter — - Database management business works on real-time analytics — Startup raises $250 million led by Coatue and Altimeter
Review of Raspberry Pi's new $15 Zero 2 W, featuring a 64-bit CPU, 512MB RAM, and WiFi 4: surprisingly powerful and ideal for emulation and automation projects — The Raspberry Pi Zero 2 W is powerful for a computer the size of a matchbox, but get a Pi 4 or Pi 400 if you want a better desktop experience
Activision Blizzard CEO Bobby Kotick, who earned $154.6M last year, will take a pay cut to $62,500 and forego equity grants until diversity goals are met — - Compensation included paying CEO $154.6 million last year — Company facing sexual harassment and discrimination case
Sources: Mimecast, which makes email security tools, is exploring a possible sale or investment; Mimecast went public in 2015 and is valued at $4.5B — Cybersecurity-software company has market value of about $4.5 billion — Email-security software maker Mimecast Ltd. is exploring a possible sale …
Open-source SQL database developer Yugabyte raises a $188M Series C at a $1.3B valuation led by Sapphire Ventures — Today's world is run on data, and the amount of it that is being produced, managed and used to power services is growing by the minute — to the tune of some 79 zettabytes this year, according to one estimate.
Crypto infrastructure company Alchemy, which wants to be the “AWS for blockchains”, raises a $250M Series C at a $3.5B valuation led by a16z — The venture giant invests in the kinds of companies Alchemy has called clients for years. — Crypto infrastructure company Alchemy …
Internal document from far-right militia Oath Keepers, with details on 25,000 members, shows Facebook was the most common way of discovering the group — Fight disinformation. Get a daily recap of the facts that matter. Sign up for the free Mother Jones newsletter. — How does one come to join a militia?
NYU research suggests Twitter's algorithms promote conservative politicians because they are more likely to be “ratioed”, which Twitter may count as engagement — Our research suggests conservative politicians are ‘ratioed’ more often. That may explain why they're in your timeline.
A look at the impact of Apple's ATT on Alphabet and Facebook: limits on Facebook's ad targeting raises ad spends for brands, sending some advertisers to Google — New iPhone privacy standards rocked digital advertising, raising some boats and lowering others
Chinese banking official issues a warning to cross-border online brokerages operating with only overseas licenses, causing Futu, UP Fintech, and others to drop — Online brokerages not licensed in China are conducting illegal businesses if they serve Chinese clients via the internet …
Apple joins Sustainable Semiconductor Technologies and Systems, a program by Belgium-based R&D organization Imec to help reduce environmental impact of chips — Apple today announced that it has joined Sustainable Semiconductor Technologies and Systems (SSTS), a new research program launched …
Hinge Health, a digital physical therapy service that uses an app and sensors, raises $400M led by Tiger and Coatue at a $6.2B valuation, up from $3B in January — - Digital physical therapy provider raised $400 million — Demand for remote health services has grown during pandemic
Foo Yun Chee / Reuters : Google proposes Search tweaks in Europe to comply with the DMA, including removing the map showing hotel locatio...
