Another day, another reversal in stock fortunes as recession fears grow

U.S. stock markets plummeted today as recession fears continue to grow. Yesterday’s good news about a reprieve on tariffs for U.S. consumer imports was undone by increasing concerns over economic indicators pointing to a potential global recession coming within the next year. The Dow Jones Industrial Average dropped more than 800 points on Wednesday — […]

Tech stocks walloped as China retaliates in the latest salvo of its trade war with the US

All U.S. stock markets were down severely today, and tech stocks were hit especially hard, as China retaliated to increasing U.S. tariffs by halting imports on U.S. agricultural goods and finally acceded to market pressures by letting the yuan slide in value against the dollar. At one point, the Dow was down nearly 900 points […]

Microsoft and the second SoftBank Vision Fund as another play for corporate cloud dominance

It looks like the return of SoftBank’s Vision Fund may be less reliant on murder money and more reliant on Microsoft’s money-making machine for its backing. The rumored involvement of Microsoft in financing SoftBank Vision Fund II (electric boogaloo?) is interesting for what it may indicate about how the relationship between venture investors, startups and […]

AlphaSense, a search engine for analysis and business intel, raises $50M led by Innovation Endeavors

Google and its flagship search portal opened the door to the possibilities of how to build a business empire on the back of organising and navigating the world’s information, as found on the internet. Now, a startup that’s built a search engine tailored to the needs of enterprises and their own quests for information has […]

What to expect from tomorrow’s antitrust hearing featuring big tech

Tomorrow, representatives from Facebook, Google, Amazon and Apple will testify before Congress in the second hearing organized as part of the House Judiciary Committee’s antitrust investigation into the world’s largest technology companies. While the first hearing focused on the ways technology companies busted the traditional news business, this one promises to look at the “impact […]

Vertical market networks, effective startup names, Libra, Carbon, and Sidewalk Labs

The next service marketplace wave: Vertical market networks B2B service marketplaces (think translation as a service) are an extraordinarily lucrative startup category. But despite the incredible potential of these platforms to generate outsized returns, many fail. Why? Ivan Smolnikov, the CEO and founder of translation service startup Smartcat, investigates why certain marketplaces seem to grow […]

Alphabet, Apple, Amazon and Facebook are in the crosshairs of the FTC and DOJ

The last time that technology companies faced this kind of scrutiny was Google’s antitrust investigation, or the now twenty-one year old lawsuit brought by the Justice Department and multiple states against Microsoft. But times have changed since Google had its hearing before a much friendlier audience of regulators under President Barack Obama . These days, […]

Targeted ads offer little extra value for online publishers, study suggests

How much value do online publishers derive from behaviorally targeted advertising that uses privacy-hostile tracking technologies to determine which advert to show a website user? A new piece of research suggests publishers make just 4% more vs if they were to serve a non-targeted ad. It’s a finding that sheds suggestive light on why so […]

The Slack origin story

Let’s rewind a decade. It’s 2009. Vancouver, Canada. Stewart Butterfield, known already for his part in building Flickr, a photo-sharing service acquired by Yahoo in 2005, decided to try his hand — again — at building a game. Flickr had been a failed attempt at a game called Game Neverending followed by a big pivot. […]

Tech stocks tumble as China retaliates in latest salvo of the trade war

Shares of technology companies were hit hard as China retaliated against the U.S. in the latest salvo of the ongoing trade war between the two countries. The S&P 500 Index shed roughly $1.1 trillion of value while the Dow Jones Industrial Average and the Nasdaq Composite Index fell 2.38% and 3.41%, respectively. On Monday, China […]