Jeff Tangney, CEO, of Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE Every year, tech investment firm Index Ventures sends out a survey to the 400 or so companies in its portfolio to see what technologies are gaining the most traction. About six years ago, an open source product called Apache Kafka emerged …
A House committee passed a series of sweeping antitrust reforms Thursday after roughly 23 hours of debate. While the advancement of the six tech-focused bills considered by the House Judiciary Committee beginning Wednesday is a victory for the bipartisan members who introduced them, the markup surfaced rifts within parties that could ultimately hamper their ability to become law. Several lawmakers …
Doximity, the company that describes itself as the LinkedIn for doctors, jumped 69% in its stock market debut on Thursday after raising close to $500 million in its IPO. Doximity sold 19 million shares for $26 a piece Wednesday night, above its projected range of $20 to $23, and an existing investor sold another 4.3 million. The offering valued the …
A logo outside the Google Store Chelsea in New York, May 28, 2021. Victor J. Blue | Bloomberg | Getty Images Google is pushing back its timeline to deprecate third-party tracking cookies from 2022 to 2023, giving the digital advertising industry more time to plan for more privacy-conscious targeted ads. Cookies are small pieces of code that websites deliver to …
Jonah Peretti, Founder and CEO, Buzzfeed, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 18, 2017. Lucy Nicholson | Reuters BuzzFeed, a 15-year-old digital media company, announced Thursday it plans to go public via a merger with a publicly traded special purpose acquisition company. The company, merging with 890 Fifth Avenue Partners, is targeting a …
House Judiciary Committee Chairman Jerrold Nadler (D-NY) chairs the committee’s vote on articles of impeachment against U.S. President Donald Trump on Capitol Hill in Washington, December 13, 2019. Leah Millis | Reuters The U.S. House of Representatives Judiciary Committee voted to approve a bill to give antitrust enforcers more money in a lengthy session on Wednesday, but had still to …
A Long March-7 Y3 carrier rocket carrying the Tianzhou-2 cargo spacecraft blasts off from the Wenchang Spacecraft Launch Site on May 29, 2021 in Wenchang, Hainan Province of China. Yuan Chen | VCG | Getty Images GUANGZHOU, China — China plans to send its first crewed mission to Mars in 2033 as it continues to boost its space ambitions in …
A man uses his mobile phone as he walks past advertising for the new iPhones outside the Apple store in Hong Kong on October 10, 2019. Philip Fong | AFP | Getty Images There’s still an opportunity in certain technology stocks — even with the sector’s high valuations — but only if investors wait for a “significant dip,” one chief investment …
LAN network cables plugged into a Bitcoin mining computer server are pictured in Bitminer Factory in Florence, Italy, April 6, 2018. Alessandro Bianchi | Reuters With China cracking down on cryptocurrencies, it may soon become much easier — and more profitable — to mine bitcoin. Last month, Beijing called for measures to stamp out bitcoin mining amid concerns over its …
General view of the NFL Shield logo on the field before Super Bowl LV between the Tampa Bay Buccaneers and the Kansas City Chiefs at Raymond James Stadium. Kim Klement | USA TODAY Sports | Reuters The NFL said Wednesday it is exploring strategic options, including selling stakes, for its NFL Media properties, including NFL Network, NFL RedZone and its …
