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Report: SoftBank is taking control of WeWork at an ~$8B valuation

Report: SoftBank is taking control of WeWork at an ~B valuation WeWork, once valued at $47 billion, will be worth as little as $7.5 billion on paper as SoftBank takes control of the struggling co-working business, CNBC reports. SoftBank, a long-time WeWork investor, plans to invest between $4 billion and $5 billion […]

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Amazon might reveal fitness-tracking Alexa wireless earbuds, Echo with better sound this week

Amazon might reveal fitness-tracking Alexa wireless earbuds, Echo with better sound this week Amazon is building wireless earbuds that offer Alexa voice assistant access, and fitness tracking for use during activities, according to a new report from CNBC. These earbuds, combined with a new, larger Echo designed to provide more premium sound, […]

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Tech stocks walloped as China retaliates in the latest salvo of its trade war with the U.S.

Tech stocks walloped as China retaliates in the latest salvo of its trade war with the U.S. All U.S. stock markets were down severely today, and tech stocks were hit especially hard, as China retaliated to increasing U.S. tariffs by halting imports on U.S. agricultural goods and finally acceded to market pressures […]

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Amazon acquires flash-based cloud storage startup E8 Storage

Amazon acquires flash-based cloud storage startup E8 Storage Amazon has acquired Isreali storage tech startup E8 Storage, as first reported to Reuters, CNBC and Globes and confirmed by TechCrunch. The acquisition will bring the team and technology from E8 in to Amazon’s existing Amazon Web Services center in Tel Aviv, per reports. […]

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One Medical may be in talks to raise more than $200 million

One Medical may be in talks to raise more than 0 million One Medical, the company hoping to disrupt the doctor’s office with concierge services, virtual visits and same-day appointments, is rumored to be in late-stage talks with the Carlyle Group for $200 million in funding, according to CNBC. The firm is […]

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Tesla responds to fresh reports of Model 3 production issues

Tesla responds to fresh reports of Model 3 production issues  Tesla’s Model 3 EV delays are well-known, including in the company’s own earnings report and quarterly delivery numbers. A fresh report from CNBC on Thursday claimed that Model 3 production was even more delayed than it appeared, with specific continued issues around […]

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