Posts filtered by tags: Wall Street Journal[x]


WeWork CEO Adam Neumann has reportedly made millions of dollars by leasing office space to his own company

WeWork CEO Adam Neumann reportedly made millions of dollars by renting office space in buildings that he partially owns back to the company, according to a Wall Street Journal report on Wednesday.  In a filing for prospective investors last year, WeWork reportedly disclosed that it paid $12 million in rent between 2016 and 2017 to buildings “partially owned by officers" of WeWork. Investors tell the Journal that they're concerned that the situation creates a conflict of interest — if those ...
Tags: Apple, Softbank, New York City, Trends, Xiaomi, WeWork, Wall Street Journal, Journal, San Jose CA, Neumann, Adam Neumann, WeWork Investors

Everyone's favorite flip phone from the early 2000s is getting a 2019 makeover — with a foldable display

Lenovo is reportedly planning to release a new Motorola Razr phone with a foldable display as soon as February. The new Motorola Razr will cost about $1,500, according to a Wall Street Journal report. Motorola's fabled Razr flip phone that was first released in 2004 is getting a 2019 makeover with a foldable display, according to The Wall Street Journal. The 2019 model is the result of an exclusive partnership between Lenovo — Motorola's parent company — and Verizon. Only 200,000 units of the...
Tags: Apple, Verizon, Motorola, Samsung, Trends, Xiaomi, Lenovo, Wall Street Journal, Journal, Lenovo Motorola, Motorola Razr, Royole

World's First Robot Hotel Fires Half of Its Robot Staff

An anonymous reader quotes a report from The Register: The world's first hotel "staffed by robots" has culled half of its steely eyed employees, because they're rubbish and annoy the guests. "Our hotel's advanced technologies, introduced with the aim of maximizing efficiency, also add to the fun and comfort of your stay," the Henn na Hotel boasted on its website. It's where multilingual female robots staff the reception desk. Guests are checked in using face recognition. Robot concierges carry y...
Tags: Tech, Wall Street Journal, Henn na Hotel

The Motorola Razr could return as a $1,500 foldable smartphone

Motorola has revived the Razr name a few times over the years, but the once mighty brand has failed to regain the heights of its early days as an ultra-slim flip phone. But what better time for for the phone maker’s parent Lenovo to bring back the brand in earnest as the mobile world is readying itself for a wave of foldable smartphones? Nostalgia’s a bit of a mixed bag in consumer electronics. Take the recent returns of Nokia (good), BlackBerry (okay) and Palm (yikes). Slapping a familiar br...
Tags: Apple, Mobile, Verizon, Motorola, Hardware, Nokia, Samsung, Tech, Lenovo, Wall Street Journal, TechCrunch, Motorola Razr, RAZR, Morotola

Amid fears of an impending recession, some employees at Silicon Valley's IPO-bound startups say they're starting to get anxious

2019 was supposed to be a blockbuster year for tech companies going public — but the volatility of the public markets is making some employees at IPO-bound tech companies nervous.  We spoke to a current employee at Uber and a current employee at Airbnb. Both companies are expected to hold their long-awaited IPOs this year.  The Uber employee says that there's a lot of anxiety within the company over the company's valuation — conflicting reports have said that Uber could go public with a market...
Tags: Google, Uber, Ipo, Trends, Silicon Valley, Airbnb, Travis Kalanick, Fortune, Wall Street Journal, Signal, Brian Chesky, San Francisco Bay Area, Dara Khosrowshahi, Khosrowshahi, Trust Safety, Uber Lyft Slack Palantir

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. Apple is planning three new iPhone models in 2019, including a successor to the iPhone XR. One of the new models will include a triple camera, while the others will include a double rear camera, according to the Wall Street Journal. Wang Weijing, an executive at Chinese tech giant Huawei, has been fired following charges of espionage in Poland. It's the second arrest of a Huawei executive in two months after Meng Wanzhou, the co...
Tags: Apple, Verizon, Facebook, Instagram, China, US, Trends, Siri, Iran, Tencent, Poland, Huawei, Wall Street Journal, Alexa, Epic Games, Unity

The US Government Has Amassed Terabytes of Internal WikiLeaks Data

An anonymous reader shares an excerpt from a Gizmodo report, written by national security reporter and transparency activist Emma Best: Late last year, the U.S. government accidentally revealed that a sealed complaint had been filed against Julian Assange, the founder of WikiLeaks. Shortly before this was made public, the FBI reconfirmed its investigation of WikiLeaks was ongoing, and the Wall Street Journal reported that the Department of Justice was optimistic that it would be able to extradit...
Tags: Dnc, Tech, Fbi, Army, Julian Assange, Department Of Justice, Wikileaks, Gizmodo, Wall Street Journal, Chelsea Manning, Jacob Appelbaum, Assange, Birgitta Jonsdottir, Emma Best, David House, Chelsea Manning WikiLeaks

President Bolsonaro should boost Brazil’s entrepreneurial ecosystem

Romero Rodrigues Contributor Romero Rodrigues is a managing partner at Redpoint eVentures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor Brazil’s fintech boom offers new vertical opportunities for investors Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis In late October following a significant victory for Jair Bolsonaro in Brazil’s p...
Tags: Amazon, Column, South Korea, Japan, Politics, Congress, Australia, Finance, Singapore, Tech, Chicago, United States, Chile, New York Times, President, Venture Capital

$445 billion flowed into startups in the last five years. Now it's threatening to upend one of Silicon Valley's most celebrated customs (SPOT, GOOGL)

The traditional initial public offering process may be in the process of being disrupted. Spotify went public last year using a different process and may soon be followed by enterprise software company Slack. Startups have good reasons to spurn regular IPOs — they're costly and time-consuming. Thanks to the massive amounts of money that have flowed into Silicon Valley in recent years, many companies are likely well positioned to go public a different way. The avalanche of money that's piled i...
Tags: Google, Spotify, Ipo, Trends, Silicon Valley, University of Florida, Wall Street Journal, Stewart Butterfield, Slack, Securities And Exchange Commission, National Venture Capital Association, Ritter, NVCA, PitchBook, Jay Ritter, Slack Startups

Apple Might Debut 3 New iPhones in 2019

Apple is planning to release three new iPhone models this year, including a device to succeed the newly-created XR model, the Wall Street Journal reported Friday, citing unidentified people familiar with the matter. From a report: Apple will unveil direct successors to last year's iPhone XS, iPhone XS Max, and iPhone XR, The Wall Street Journal is reporting. The iPhone XR, which is believed to have been the least popular of the three, will be updated with a model that comes with the same LCD dis...
Tags: Apple, Samsung, Tech, Wall Street Journal

Apple Said to Release 3 New iPhones This Year

Apple is working on three new iPhone models for 2019, the Wall Street Journal reported Friday. The company’s fall phone line-up will once again include a lower-priced model with a LCD screen, according to the report. The high-end phone will come with three rear camera lenses, whereas the other two models will have a dual-lens […]
Tags: Iphone, Apple, News, Wall Street Journal

The US continues to hammer Chinese tech

It’s another week, and another bevy of hits on Chinese tech by the U.S. government. Let’s get up to speed, plus a request for startup lawyer recommendations. TechCrunch is experimenting with new content forms. This is a rough draft of something new — provide your feedback directly to the author (Danny at [email protected]) if you like or hate something here. Venture capital’s leading advocate NVCA pushes for narrower restrictions on foreign investment Let’s start with the most exciting subj...
Tags: Asia, New York, Congress, Washington Post, Government, China, Boston, Softbank, US, America, Tech, Policy, United States, House, Venture Capital, Tencent

The U.S. continues to hammer Chinese tech

It’s another week, and another bevy of hits on Chinese tech by the U.S. government. Let’s get up to speed, plus a request for startup lawyer recommendations. TechCrunch is experimenting with new content forms. This is a rough draft of something new — provide your feedback directly to the author (Danny at [email protected]) if you like or hate something here. Venture capital’s leading advocate NVCA pushes for narrower restrictions on foreign investment Let’s start with the most exciting subj...
Tags: Asia, New York, Congress, Washington Post, Government, China, Boston, Softbank, America, Tech, Policy, United States, House, Venture Capital, Tencent, Silicon Valley

Apple's big plan to revive iPhone sales in 2019: More cameras (AAPL)

Apple will release three new iPhones this year, The Wall Street Journal reports. The phones are likely to be similar to this year's lineup, with a lower-cost model with an LCD screen and two more expensive models featuring OLED screens.  The big difference is that Apple could add a second lens to the back camera on the iPhone XR successor and a third camera lens on the iPhone XS Max sequels. Apple has locked down its product planning for the 2019 lineup of iPhones, The Wall Street Journal re...
Tags: Apple, Trends, Tim Cook, Jeff Bezos, Wall Street Journal, Ming Chi Kuo, TF International Securities, Steve H McFly

Samsung will show off its foldable phone in February and it might be called the Fold, Galaxy Fold, or Galaxy F

The world's biggest phone company is reportedly ready to show off a fully functional foldable smartphone. Samsung is preparing to show off the device in London and San Francisco on February 20, according to the Wall Street Journal. The device might be called the "Fold", "Galaxy Fold", or "Galaxy F." Samsung still hasn't determined a sale date, but it's indicated the device will be available in the spring. Samsung is reportedly preparing to show off a fully functioning foldable phone on Februa...
Tags: Apple, London, China, Samsung, San Francisco, Trends, Barcelona, Las Vegas, Huawei, Wall Street Journal, Idc, Apple Samsung, Mobile World Congress Samsung, Wall Street Journal Samsung, Journal Samsung, Samsung IDC

With SEC workers offline, the government shutdown could screw IPO-ready companies

The government shutdown has entered into day 19, making it the second-longest shutdown in U.S. history. With President Donald Trump slamming his hands down on a table and storming out of negotiations with Speaker Nancy Pelosi and Senator Chuck Schumer earlier today, a fast-approaching end feels unlikely. Hundreds of thousands of federal workers are out of work as U.S. leaders struggle to reach a fair agreement on the federal budget, including employees of the U.S. Securities and Exchange Commiss...
Tags: Startups, Lyft, Uber, Chuck, Pinterest, Ipo, Tech, SEC, Nancy Pelosi, Donald Trump, Wall Street Journal, Nancy, Cnbc, Exit, Trump, Donald J Trump

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Wednesday. Former Facebook employees reportedly say the corporate culture is like a cult where you have to be happy all the time. More than a dozen former Facebook staffers spoke to CNBC, and put much of the blame on Facebook's biannual peer-review system, where employees are "stack-ranked" and assigned a grade by management. A Motherboard investigation found US phone companies sell customers' data in real time, allowing bad actors to p...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Beyonce, Steve Jobs, US, Los Angeles, Trends, Britain, Tim Cook, Wall Street Journal, Cnbc, Alexa, Zuckerberg, Amazon Alexa

Apple will reportedly manufacture 10% fewer iPhones this quarter

Last week, Apple‘s CEO, Tim Cook, sent a letter to the investors stating that the company expected to lose $9 billion in revenue in the first quarter of 2019. Now, according to a report from Nikkei Asian Review, the Cupertino-based company is cutting down productions for new iPhones by 10 percent for the current quarter. The report stated that Apple asked its suppliers to reduce production for its flagship models last month – before it issued the earnings warning. That’s in addition to a similar...
Tags: Apple, Startups, Tim Cook, Wall Street Journal, Insider, Nikkei Asian Review the Cupertino

Uber CEO Dara Khosrowshahi says there's a chance the company may not IPO in 2019 after all

Uber is in no rush to go public this year, according to CEO Dara Khosrowshahi. Khosrowshahi told The Wall Street Journal in an interview published Tuesday that he and investors would be "disappointed" if there was no IPO but that "the company would be just fine." The comments appear to be a softening of Khosrowshahi's position from last year, when he consistently said Uber was "on track" for a 2019 initial public offering. Uber may not go public this year after all, CEO Dara Khosrowshahi has ...
Tags: Apple, Amazon, Facebook, Uber, Ipo, Samsung, Trends, Goldman Sachs, Toyota, Morgan Stanley, Wall Street Journal, Reuters, Facebook Apple, Dara Khosrowshahi, Khosrowshahi, Dara Khosrowshahi Khosrowshahi

Uber’s IPO may not be as eye-popping as we expected

Uber is expected to raise $10 billion later this year in one of the largest U.S. initial public offerings in history. The float will value the ride-hailing giant somewhere between $76 billion — the valuation it garnered with its last private financing — and $120 billion — a sky-high figure assigned by Wall Street bankers that’s had even early Uber investors scratching their heads. A new report from The Information pegs Uber’s initial market cap at $90 billion. To develop the estimate, the sit...
Tags: Amazon, Fundings & Exits, Startups, TC, Transportation, Uber, Pinterest, Wall Street, India, Softbank, Tech, Middle East, Venture Capital, The Wall Street Journal, Travis Kalanick, Wall Street Journal

The FBI Is Looking Into a Mike Pence Poseur That Texted Republican Members of Congress

The FBI is investigating an incident where someone posing as Vice President Mike Pence’s press secretary, Alyssa Farah, contacted Republican members of the House of Representatives and tried to extract information on their whereabouts and “availability for meetings,” the Wall Street Journal reported on Friday. One GOP…Read more...
Tags: Science, Technology, Republicans, Congress, Cybersecurity, Sms, Fbi, Law Enforcement, Gop, House Of Representatives, Texting, Wall Street Journal, Mike Pence, Alyssa Farah

Alphabet’s drone delivery company is testing a quieter delivery drone after its original model annoyed townspeople and their dogs (GOOG, GOOGL)

In December, the Wall Street Journal reported that Wing — the drone delivery company that spun out from Google — was annoying residents in the Australian town where it tests its services.  On Friday, a Wing spokesperson confirmed with Business Insider that it has begun testing a quieter drone that " blends in" with nearby residential sounds.  Neighbors in the report likened the sounds of the original delivery drones to a “chain saw gone ballistic."  Nine days ago, the Wall Street Journal ...
Tags: Google, Amazon, Trends, Virgin Galactic, Finland, Wall Street Journal, Alphabet Google, Project Wing, SpaceX Blue Origin, Bonython, Journal Wing, Wing is Alphabet

Apple's shock warning bolsters one of Trump's biggest arguments for the US-China trade war

Apple unexpectedly lowered their guidance for the holiday quarter on Wednesday. The company pinned a significant portion of the blame on China's economic slowdown. Apple CEO Tim Cook in turn blamed the slowdown partly on President Donald Trump's trade war with China. US economic data remains strong in comparison. The dichotomy bolsters Trump's argument that the trade war is hurting the Chinese economy more than the American economy and that the US can hold out until Beijing gives in on a trade...
Tags: Apple, Cook, White House, China, US, Trends, Cnn, Beijing, United States, Xi Jinping, Tim Cook, Treasury, Msnbc, Donald Trump, Wall Street Journal, Trump

Tim Cook blames Trump's trade war with China as a big factor in Apple's slowdown

Apple issued a surprising warning about its upcoming quarterly earnings on Wednesday, lowering its revenue target substantially. Apple CEO Tim Cook placed a significant portion of the blame on China's economic slowdown, which Cook said was caused in part by President Donald Trump's trade war. "We believe the economic environment in China has been further impacted by rising trade tensions with the United States," Cook wrote. Apple is an example of how tariffs can indirectly harm American com...
Tags: Apple, Cook, China, US, America, Trends, United States, Tim Cook, Tom Cruise, Msnbc, Donald Trump, Wall Street Journal, Cnbc, Trump, Chris Hayes, Robert Lighthizer

Netflix hires Activision CFO & former Disney exec Spencer Neumann as its new CFO

Netflix has officially confirmed the hiring of its new Chief Financial Officer Spencer Neumann, formerly CFO at Activision Blizzard. The announcement directly follows reports from Reuters and The Wall Street Journal, which said Netflix had poached Neumann from Activision and would start him in his new position this year. CNBC on Wednesday reported Neumann had been fired from Activision two days ago because he was pursuing another job. Activision declined to state the cause of his firing, sayi...
Tags: Media, Time Warner, Disney, Tech, Netflix, Hulu, 21st Century Fox, Wall Street Journal, Cnbc, Activision Blizzard, Activision, Reuters, Neumann, AT T, ABC Television Network, Providence Equity Partners

2018 ushered in ‘a potential space renaissance’

The aerospace industry took flight with ambitious civilian and military projects over the course of 2018, and private investors took notice. Rockets are flying to the far side of the moon. Entrepreneurs are creating new propulsion technologies to take rockets deeper into space and to make flying on Earth more electric. Finally, plans are afoot from private companies and governments to bring manned missions to the surface of the Moon and Mars. And venture capital dollars are fueling this new boom...
Tags: Google, TC, Space, Spacex, Elon Musk, Tech, Nasa, Earth, Transport, Rockets, Airbus, Lockheed Martin, Spaceflight, Aerospace, Boeing, United Launch Alliance

Report: Amazon is planning a Whole Foods expansion to benefit Prime Now

Amazon is planning a Whole Foods expansion in the U.S., according to a report by The Wall Street Journal published this weekend. The goal is to put more customers within the range of Amazon’s two-hour Prime Now delivery service, including those in suburban areas outside cities, as well as those in regions where the grocer has yet to establish a presence. Currently, Amazon’s Prime Now delivery service offers two-hour delivery in over 60 U.S. cities, and thirty minute-plus grocery pickup in nearly...
Tags: Amazon, Ecommerce, Utah, Whole Foods, Tech, Walmart, E-commerce, Wyoming, Idaho, Retail, Wall Street Journal, WSJ, Shipt

Apple lost $9 billion buying back its own stock in 2018 (AAPL)

Apple spent nearly $63 billion on share buybacks in 2018 so far, not including the fourth quarter.  Some of those purchases were at the stock price of $222, but now it is trading at $156 per share. The value of Apple's buybacks is $9 billion less than when Apple purchased the stock, The Wall Street Journal reports. Apple announced $100 billion in buybacks earlier this year, and as much as 70% of the war chest hasn't been spent yet.  Apple spent most of 2018 ravenously buying back its own stoc...
Tags: Apple, US, Trends, Virgin Galactic, Tim Cook, Wall Street Journal, Nell Minow, Wall Street Journal Apple, Philip Elmer DeWitt, SpaceX Blue Origin, ValueEdge Advisors

Epic Games, the creator of Fortnite, banked a $3 billion profit in 2018

Epic Games had as good a year in 2018 as any company in tech. Fortnite became the world’s most popular game, growing the company’s valuation to $15 billion but it has helped the company pile up cash, too. Epic grossed a $3 billion profit for this year fuelled by the continued success of Fortnite, a source with knowledge of the business told TechCrunch. Epic did not respond to a request for comment. Fortnite, which is free to play but makes money selling digital items, has popularized the b...
Tags: Apple, Google, Android, Google Play Store, Gaming, Apps, China, Los Angeles, Tech, Smartphone, Software, Beijing, Epic, Computing, Tencent, Nintendo

Britain's Defence Secretary echoes the US with 'grave, very deep concerns' about Huawei

The UK's Defence Secretary said he has 'deep concerns' about using equipment from Chinese firm Huawei in the UK's upcoming 5G networks. Gavin Williamson is the first UK government figure to issue such a warning, after similar alarm over Huawei in the US. Huawei is banned from Australia's 5G networks, and is effectively banned in the US over fears it enables spying by the Chinese government. Huawei has always denied building backdoors into its own kit. The UK's Defence Secretary, Gavin William...
Tags: Apple, UK, Australia, Gchq, China, Bt, US, Trends, Britain, Defence, Times, Donald Trump, Huawei, Wall Street Journal, AT T, Williamson

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