Author: Tech Support

WeWork announces sweeping corporate governance changes in amended S-1; sources: WeWork is now seeking a valuation as low as $10B to $12B in its IPO (Annie Palmer/CNBC)

{$inline_image} Annie Palmer / CNBC: WeWork announces sweeping corporate governance changes in amended S-1; sources: WeWork is now seeking a valuation as low as $10B to $12B in its IPO  —  KEY POINTS  — WeWork’s valuation may fall below $15 billion, CNBC’s David Faber reported Friday.  Its private valuation was as high as $47 billion.

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    • PopSockets reinvents mug handles

    Image: PopSockets PopSockets, the maker of smartphone grips, is getting into the mug business. The company plans to integrate its signature pop-out tabs that stick to the backs of phones into koozies. The new product, called the PopThirst Cup Sleeve, is nasty-looking but should fit most “coffee cups, pint glasses, and various beverage cups.” As

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    • Congress just asked big tech companies for private emails about their biggest controversies

    Illustration by Alex Castro / The Verge The House Judiciary Antitrust Subcommittee has sent four request for information letters to Amazon, Facebook, Alphabet, and Apple, asking for closely held details on some of the most powerful companies in Silicon Valley. It released the letters publicly this morning, and the companies must respond by October 14th.

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    House lawmakers ask Apple, Amazon, Facebook and Google to turn over trove of records in antitrust probe

    The requests ask each of the tech giants to provide detailed information about their internal operations, including copies of key communications between top-level executives and records related to “any prior investigation” they have faced on competition grounds. House lawmakers ask Apple, Amazon, Facebook and Google to turn over trove of records in antitrust probe Source:

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    • Bangalore-based OkCredit, which allows small business owners to record financial transactions digitally, raises $67M Series B led by Lightspeed and Tiger Global (Aditi Shrivastava/The Economic Times)

    Aditi Shrivastava / The Economic Times: Bangalore-based OkCredit, which allows small business owners to record financial transactions digitally, raises $67M Series B led by Lightspeed and Tiger Global  —  OkCredit lets small business owners and their customers record credit and payment transactions digitally Bangalore-based OkCredit, which allows small business owners to record financial transactions digitally,

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