Birth control delivery startup Nurx taps Clover Health’s Varsha Rao as CEO

Varsha Rao, Airbnb’s former head of global operations and, most recently, the chief operating officer at Clover Health, has joined Nurx as its chief executive officer. Rao replaces Hans Gangeskar, Nurx’s co-founder and CEO since 2014, who will stay on as a board member. Nurx, which sells birth control, PrEP, the once-daily pill that reduces […]

Travis Kalanick stands to make billions from Uber’s IPO

Uber co-founder Travis Kalanick, who resigned from the company in 2017, still stands to make billions in the company’s initial public offering, expected in May. The ride-hailing giant dropped its S-1 this afternoon, confirming plans to trade on the New York Stock Exchange under the ticker symbol “UBER.” The company did not disclose the valuation […]

Baillie Gifford’s Charles Plowden on 110 years of investing

“It is our contention that the investment industry may be experiencing a peak of its own, in this case the point of the maximum rate at which it extracts value from its clients’ assets. Let’s call it Peak Gravy.” That’s a recent quote from Tom Coutts, who is one of a few dozen partners at […]

Google reshuffles its leadership in Asia Pacific

There’s a changing of the guard within Google’s Asia Pacific business. In recent weeks, personnel changes within two of its most important roles show the search giant is entering a new era of management for its fast-growing business across the continent. Scott Beaumont, a British executive who previously ran Google in China and Korea, stepped […]

EC Weekly: Gaming, crypto, shipping and the multiple future strategies of tech

Niantic EC-1 Illustration by Nigel Sussman Greg Kumparak published the first part of his planned four part EC-1 series on Niantic yesterday, focusing on the founding story of the AR/gaming unicorn from Keyhole and Google Earth to a complicated spinout from Alphabet. Lots of great nuggets on how companies get formed and built, but one […]

Lidar startup Ouster raises $60 million in production run-up

Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity to assemble and ship several thousand sensors a month by the end of 2019. The new factory, which will have a grand opening ceremony March 28, currently produces hundreds of sensors per month. Ouster says […]

Passbase is building a full-stack identity engine with privacy baked in

Digital identity startup Passbase has bagged $600,000 in pre-seed funding led by a group of business angel investors from Alphabet, Stanford, Kleiner Perkins and EY, as well as seed fund investment from Chicago-based Upheaval Investments and Seedcamp. The 2018-founded Silicon Valley-based startup — whose co-founder we chatted to briefly on camera at Disrupt Berlin — […]

Facebook’s ad team shoots itself in the foot by pulling Elizabeth Warren campaign ads

Facebook’s gang that couldn’t shoot straight advertising department has made another blunder, this time by pulling Elizabeth Warren campaign ads touting the senator’s proposal to break up big tech. The offending ads were pulled, according to Politico, over their use of the Facebook brand in their copy. Meanwhile, other ads that the senator’s presidential campaign […]

Elizabeth Warren wants to break up Google, Amazon and Facebook

The influential Massachusetts senator and presidential hopeful Elizabeth Warren has been a longtime critic of the consolidation of economic power by Amazon, Google and Facebook. Now she’s making their break-up a key component of her presidential platform. Warren has just released her plan for breaking up big tech, in what seems like a watershed moment […]

YouTube under pressure to ban UK far-right activist after live-streamed intimidation

The continued presence of a U.K. far-right activist on YouTube’s platform has been raised by the deputy leader of the official opposition during ministerial questions in the House of Commons today. Labour’s Tom Watson put questions to the secretary of state for digital, Jeremy Wright, regarding Stephen Yaxley-Lennon’s use of social media for targeted harassment […]