Month: February 2020
Why startups are raising more venture debt as VC dollars near all-time records
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As I write to you, SaaS and cloud stocks are busy setting fresh all-time highs and as we’ve seen, venture interest in modern software companies is pushing more money into the…
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Tesla locks in stock surge with $2B offering at $767 per share
Tesla has priced its secondary common stock offering at $767, a 4.6% discount from Thursday’s share price close, according to a securities filing Friday. Tesla said in the filing it will sell 2.65 million shares at that discounted price to raise more than $2 billion. Lead underwriters Goldman Sachs and…
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Google might start paying news publishers for content
Google is chatting with publishers about potentially paying to include their content in a news product, according to The Wall Street Journal. Most of the talks are with publishers outside the US, the paper says, including in France and Europe more broadly. “We want to help people find quality journalism—it’s…
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TechRadar’s next-gen survey: let us know what you think about PS5 and Xbox Series X
This year is going to be huge for gaming, with both the PlayStation 5 and Xbox Series X due to release in late 2020. As such, both Sony and Microsoft are already making big promises about how their new hardware will make console gaming more powerful, flexible and convenient. Expect…
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Online-only platforms are going offline with permanent spaces
The retailpocalypse started in 2010. It followed the 2008 global recession, with the parallel birth and rise of social media adding fuel to the growth of online shopping. Suburban and rural malls sat empty, underutilized or poorly maintained as the m… Source
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Amazon patent imagines using a giant whip to yeet payloads into space
A newly published patent from Amazon has outlined a new method of launching objects into the air using a miles-long whip attached to a fleet of aerial craft. The patent, which was spotted by GeekWire, was filed back in March 2017 but only became public earlier this week. It muses…
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