On Wall Street’s leniency toward unprofitable tech companies and outsized exits.View More Unicorns aren’t profitable, and Wall Street doesn’t care
Wouldn’t it be nice if Amazon did the right thing?
On Friday, senator and presidential hopeful Elizabeth Warren unveiled her plans to break up Big Tech, including Amazon. Much of her to-do list includes disallowing tech giants that own a marketplace …
Medium has reinvented itself many times over, but one facet of its identity seems to be sticking: it’s becoming the writing platform of choice for billionaires, billionaire politicians, and anti-billionaire politicians alike.
On Friday, senator and presidential candidate Elizabeth Warren published a blog post on Medium with her plan to break up Big Tech, including Facebook, Google, and Amazon. Gotta love the use of a tech platform to call out the tech industry.
But this wasn’t the first time eyeballs flocked to Medium for a major — if slightly more salacious — announcement. In February, Amazon CEO Jeff Bezos chose Medium to make his bombshell announcement that the National Enquirer was trying to blackmail him with dick pics, and that he was not afraid! Read more…View More Medium, a blog good enough for presidential candidates and billionaires
How the startup studio’s “validation engine” has made it one of the best company builders in the business.View More Pioneer Square Labs is invigorating Seattle’s startup ecosystem
Breakthrough Energy Ventures, the investment firm financed by billionaires like Jeff Bezos, Bill Gates, and Jack Ma that invests in companies developing technologies to decarbonize society, is investing $12.5 million in a geothermal project development company called Baseload Capital. Baseload Capital is a project investment firm that provides capital to develop geothermal energy power plants […]View More Bill Gates and Jeff Bezos-backed fund invests in a global geothermal energy project developer
Continuing its quest to become the Amazon Web Services for biomanufacturing, Ginkgo Bioworks has launched a new spinoff called Motif Ingredients with $90 million in funding to develop proteins that can serve as meat and dairy replacements. It’s the second spinout for Ginkgo since late 2017 when the company partnered with Bayer to launch Joyn […]View More With $90 million in funding, the Ginkgo spinoff Motif joins the fight for the future of food
Joel Wallenstrom Contributor Joel Wallenstrom is president and chief executive of Wickr, a secure communications company. Before Wickr, Joel co-founded iSEC Partners, one of the world’s leading information security research teams, later acquired by NCC Group, and served as Director for Strategic Alliances at @stake, one of the very first computer security companies in the […]View More What business leaders can learn from Jeff Bezos’ leaked texts
Many New Yorkers are cheering Amazon’s decision to abandon its plans for another headquarters in Queens. But its decision to scuttle plans for an HQ2 altogether rubs salt in the wounds of smaller cities hoping to become the next Silicon Valley. …View More Amazon could have helped a city that needed it. Instead, it screwed everybody.
In his extraordinary Medium post last week accusing American Media Inc of “extortion and blackmail,” Bezos hinted (but did not explicitly state) that there may be a connection between Saudi Arabia and the publication of his personal messages with Lauren Sanchez. Now Saudi Arabia’s minister of foreign affairs has denied it was involved, stating during […]View More Saudi Arabia denies involvement in leak of Jeff Bezos’ private messages
Has Jeff Bezos’ impressive exposure of Pecker finally broken the curse of Weiner?
Oh yes, we all laugh at the double entendres in the news that the Amazon founder has accused the National Enquirer‘s owner of blackmailing him over compromising selfies. But it’s a grim gallows chuckle, because we live in the decade of the dick pic — an age where one man’s inability to keep it in his pants, and the technology that enabled him, literally changed the course of history by helping elevate Donald Trump to the White House.
That man’s name, of course, was Anthony Weiner. The disgraced former congressman was not the first man to ever text a picture of his penis; we don’t know who that was, but it probably happened about five seconds after the first camera-enabled cellphone went on sale in Japan in 2000. Read more…View More A decade of dicks: How NSFW internet pics changed the world for the worse
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Jeff Bezos accuses National Enquirer of blackmailing him — and publishes the details himself Amazon CEO Jeff Bezos says he is […]View More Daily Crunch: Bezos accuses National Enquirer of blackmail
It’s the morning after the night before for AMI. And what a night it was. The company is officially in damage control mode after it released a short statement defending its communication and behavior with Amazon CEO Jeff Bezos, who published evidence of blackmail that used leaked messages and nude photos of the billionaire that AMI had […]View More AMI defends ‘good faith negotiations’ with Jeff Bezos but will investigate blackmail allegation