Thursday, December 23, 2021

How Tobi Lütke led Shopify to becoming an e-commerce giant, helping ~2M merchants run stores as its market cap rose from $46B in early 2020 to $174B today (Brad Stone/Bloomberg)

Brad Stone / Bloomberg:
How Tobi Lütke led Shopify to becoming an e-commerce giant, helping ~2M merchants run stores as its market cap rose from $46B in early 2020 to $174B today  —  Tobi Lütke transformed the Canadian upstart into an e-commerce giant by being the anti-Bezos.  How long can the formula keep working?



A look at attempts by TikTok's biggest stars to expand onto other platforms, including Charli D'Amelio's Hulu docuseries, often with mixed results (Jon Caramanica/New York Times)

Jon Caramanica / New York Times:
A look at attempts by TikTok's biggest stars to expand onto other platforms, including Charli D'Amelio's Hulu docuseries, often with mixed results  —  This year, the app's biggest stars — Charli and Dixie D'Amelio, Noah Beck, Addison Rae and others — leapt from the phone screen to other platforms …



Star Wars Eclipse: What we know so far

https://ift.tt/3yTkdxA

Sources: Lina Khan is advancing an FTC investigation into AWS, started in 2019, including whether AWS discriminates against non-exclusive clients (Bloomberg)

Bloomberg:
Sources: Lina Khan is advancing an FTC investigation into AWS, started in 2019, including whether AWS discriminates against non-exclusive clients  —  The U.S. Federal Trade Commission is pushing forward with antitrust scrutiny of Amazon.com Inc.'s cloud computing business, according to people familiar with the matter.



Sources: Vista Equity will acquire a majority stake in SalesLoft, which offers sales engagement tools, at a $2.3B valuation; SalesLoft has $100M+ ARR (Laura Cooper/Wall Street Journal)

Laura Cooper / Wall Street Journal:
Sources: Vista Equity will acquire a majority stake in SalesLoft, which offers sales engagement tools, at a $2.3B valuation; SalesLoft has $100M+ ARR  —  The deal comes as technology-focused Vista is gearing up to raise its largest buyout fund yet  —  Vista Equity Partners is taking …



Intel apologizes following backlash after telling Chinese suppliers to avoid Xinjiang labor, saying it only did so to "ensure compliance" with US law (Bloomberg)

Bloomberg:
Intel apologizes following backlash after telling Chinese suppliers to avoid Xinjiang labor, saying it only did so to “ensure compliance” with US law  —  - Brand ambassador Wang Junkai cuts ties with the U.S. chipmaker  — Intel asked suppliers not to use labor, products from Xinjiang



Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sector in 2025 amid concerns over AI threat (Financial Times)

Financial Times : Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sect...