TrendForce expects the smartphone market to slowly recover in 2021, but Huawei won’t benefit
After a dismal year, the global smartphone market will slowly start recovering in 2021, predicts TrendForce. But Huawei won't benefit and, in fact, will fall out of the research firm's list of the world's top six smartphone makers by production volume.
In 2020, global smartphone product
Silicon Valley Bank just made an even bigger push into wealth management
SVB Financial Group agreed today to buy Boston Private Financial Holdings in Boston for $900 million in cash and stock.
It’s a big deal for SVB, which has earned a reputation over its 37-year history as a bank that’s friendly to startups, as well as venture and private equity investors.
Jack Ma’s absence from public eye sparks Twitter discussions
The world’s attention is on Jack Ma’s whereabouts after reports noted the billionaire founder of Alibaba and Ant Group had been absent from public view since late October.
On October 24, Ma delivered fiery remarks against China’s financial system to an audience of high-ranking off
Looking to decarbonize the metal industry, Bill Gates-backed Boston Metal raises $50 million
Steel production accounts for roughly 8% of the emissions that contribute to global climate change. It is one of the industries that sits at the foundation of the modern economy and is one of the most resistant to decarbonization.
As nations around the world race to reduce their environmental footp
Daily Crunch: Hundreds of Google and Alphabet employees unionize
Google employees take another step in their activism, Venmo adds a check-cashing feature and Slack has some issues. This is your Daily Crunch for January 4, 2021.
The big story: Hundreds of Google and Alphabet employees unionize
More than 200 employees at Google and its parent compa
Twitter acquires social podcasting app Breaker, team to help build Twitter Spaces
Twitter has acquired social broadcasting app Breaker, the companies announced today via a combination of blog posts and tweets. The deal will see Breaker’s team joining Twitter to help “improve the health of the public conversation” on the service, as well as work on Twitter’
How to convert customers with subscription pricing
The lure of subscription pricing is the guarantee of recurring revenue for your business. Once a customer flips the switch to turn on your subscription, it’s easy money:
Easy to recognize your revenue.
Easy to determine your margins and profits.
Easy to enhance your product and extend that r
2020 was a record year for Israel’s security startup ecosystem
From COVID-19's curve to election polls, public temperature checks to stimulus checks, 2020 was dominated by numbers — the guiding compass of any self-respecting venture capital investor.
As a VC exclusively focused on investments in Israeli cybersecurity, the numbers that guide us have becom
The cauldrons of gold theory of media and startups
Another week, another email newsletter. This time, the story is Punchbowl, a politics-centric newsletter founded by a crop of recent Politico alums including Jake Sherman, Anna Palmer and John Bresnahan. Ben Smith has the story, as does Maxwell Tani at the Daily Beast with some more juicy details.
The Amazon-Berkshire Hathaway-JPMorgan healthcare joint venture is officially ending
A somewhat nebulous, but high-profile and potentially heavily moneyed joint venture is coming to an end: Haven, the JV created by Amazon, Berkshire Hathaway and JPMorgan Chase, is being “disbanded” according to CNBC, three years after its original formation. One of the main reasons is t
Lidar startup Aeva raises another $200M ahead of its debut as a public company
Aeva, the lidar company started by two former Apple engineers, has raised an additional $200 million in private investment from Hong Kong hedge fund Sylebra Capital ahead of its debut as a publicly traded company.
The Mountain View, California-based startup announced in fall 2020 that it was mergin
Deep Science: Using machine learning to study anatomy, weather and earthquakes
Research papers come out far too rapidly for anyone to read them all, especially in the field of machine learning, which now affects (and produces papers in) practically every industry and company. This column aims to collect the most relevant recent discoveries and papers — particularly in but n
Italian court rules against ‘discriminatory’ Deliveroo rider-ranking algorithm
A court in Italy has dealt a blow to unalloyed algorithmic management after a legal challenge brought by three unions. The Bologna court ruled that a reputational-ranking algorithm used by on-demand food delivery platform Deliveroo discriminated against gigging delivery workers by breaching local l
One Way Ventures, a firm focused on immigrant founders, closes second fund
One Way Ventures, a venture capital firm that backs immigrant founders, has closed its second fund at $57.5 million. The close comes three years after One Way announced its debut fund, a $28 million investment vehicle.
The new fund will allow One Way to grow their check size from $500,000 to $1 mil