Blog

SoftBank's Vision Fund says that it sold its entire stake in Nvidia, which was worth $3.63B on December 31, in January (Elizabeth Schulze/CNBC)

Elizabeth Schulze / CNBC: SoftBank’s Vision Fund says that it sold its entire stake in Nvidia, which was worth $3.63B on December 31, in January  —  Chipmaker Nvidia suffered another setback Wednesday after SoftBank’s Vision Fund disclosed it had sold its entire stake, worth more than $3 billion, in the company in January. SoftBank's Vision

Read More
Chinese e-commerce company Pinduoduo is selling 37M shares, which will raise $1B-$1.25B, in a secondary offering, after going public last year (Jon Russell/TechCrunch)

Jon Russell / TechCrunch: Chinese e-commerce company Pinduoduo is selling 37M shares, which will raise $1B-$1.25B, in a secondary offering, after going public last year  —  The price of competing with e-commerce giants Alibaba and JD.com is immense.  That’s evidenced by challenger Pinduoduo, commonly known as PDD … Chinese e-commerce company Pinduoduo is selling 37M

Read More
Spotify reports Q4 revenue of ~€1.5B, up 30% YoY, operating profit of €94M, says it has 207M MAUs, up 29% YoY, including 96M premium subscribers, up 36% YoY (Stuart Dredge/Music Ally)

Stuart Dredge / Music Ally: Spotify reports Q4 revenue of ~€1.5B, up 30% YoY, operating profit of €94M, says it has 207M MAUs, up 29% YoY, including 96M premium subscribers, up 36% YoY  —  Spotify has published its latest quarterly financial results, covering the final quarter of 2018. Spotify reports Q4 revenue of ~€1.5B, up

Read More
WhatsApp says it bans about 2M fake or abusive accounts each month, 75% of them without manual intervention, 20% of them at the time of registration itself (Manish Singh/VentureBeat)

Manish Singh / VentureBeat: WhatsApp says it bans about 2M fake or abusive accounts each month, 75% of them without manual intervention, 20% of them at the time of registration itself  —  WhatsApp today outlined how it is tackling abuse and spread of false information on its instant messaging platform as its largest market …

Read More