Technology

Rivian is in discussions with Amazon to dissolve the exclusivity piece of their commercial EV van deal, the WSJ reported this morning citing unnamed sources. If successful, Rivian would be free to sell its commercial all-electric vans to other customers. The talks are ongoing, according to WSJ’s sources. Amazon confirmed that the exclusivity deal still […]

Rivian in talks with Amazon to remove exclusivity clause of EV van agreement by Kirsten Korosec originally published on TechCrunch

Frenetic buyer interest in SVB Bank may have cooled a little this morning after the U.S. government announced a backstop, with existing deposits covered while SVB Bank remains under the control of the FDIC. But in the meantime, there are further SVB-connected assets with their future up in the air. SVB Financial, the holding company […]

SVB Financial is looking for a buyer for SVB Securities and its SVB Capital VC division by Ingrid Lunden originally published on TechCrunch

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Hyper-realistic beauty filters are here to stay The Bold Glamour beauty filter on TikTok has been used over 16 million times since its release last month. It contours your cheekbone and jawline in…

Despite macroeconomic challenges, the technology industry is set for solid growth in the long term, driven by robust demand for advanced technologies and increasing IT spending. While investing in tech…

Naspers, Africa’s most valuable tech company by market capitalization, has winded down the operations of its R1.4 billion (≈$100 million) South Africa-focused venture capital fund Naspers Foundry, according to local news outlet BusinessDay. According to the report, the firm, which is taking this approach as venture capital takes a hit globally, will maintain the investments, […]

Naspers shuts down Foundry, its $100M fund focused on South African startups by Tage Kene-Okafor originally published on TechCrunch

Usage-based pricing is an essential component of any PLG strategy. In fact, it’s my belief that you cannot have true PLG without UBP.

Building a PLG motion on top of usage-based pricing by Ram Iyer originally published on TechCrunch

Qualtrics, the software company behind an experience management platform used by thousands of companies such as Uber, Coca-Cola, and Pfizer, has accepted a $12.5 billion all-cash offer from private equity firm Silver Lake and Canada Pension Plan Investment Board (CPP Investments). The confirmation comes exactly a week after news of the acquisition bid first came […]

Qualtrics accepts $12.5B all-cash acquisition offer to go private by Paul Sawers originally published on TechCrunch

This article is from The Technocrat, MIT Technology Review’s weekly tech policy newsletter about power, politics, and Silicon Valley. To receive it in your inbox every Friday, sign up here. You might think that the latest viral example, the Bold Glamour beauty filter on TikTok, isn’t relevant to you. But I’d like to kindly disagree.…

UK tech founders, investors, and ecosystem leaders have been giving their reactions to the news that SVB UK will be rescued by HSBC. In addition, many startup founders and investors pointed to the leg-work done by industry body Coadec, which is now raising funds for further work. Andrew J Scott Founding Partner 7pc VC “It […]

UK tech ecosystem reacts to the news of SVB UK acquisition by HSBC by Mike Butcher originally published on TechCrunch