Author: Bilal

After going private in 2016 after accepting a $32 per share, or $4.3 billion, price from Apollo Global Management, Rackspace is looking once again to the public markets. First going public in 2008, Rackspace is taking second aim at a public offering around 12 years after its initial debut. The company describes its business as a “multicloud technology … Continue reading Rackspace preps IPO after going private in 2016 for $4.3B Continue Reading →

Replicated, the Los Angeles-based company pitching monitoring and management services for Kubernetes-based applications, has managed to bring on the former head of product of the $2.75 billion-valued programming giant GitLab as its new chief product officer.  Mark Pundsack is joining the company as it moves to scale its business. At GitLab,  Pundsack saw the company grow from … Continue reading LA-based Replicated adds former GitLab head of product as its chief product officer Continue Reading →

Google announced its plans to acquire Fitbit for $2.1 billion back in November. As of this writing, the deal has yet to go through, courtesy of all the usual regulatory scrutiny that occurs any time one large company buys another. EU regulators are often a key hurdle for these sorts of deals, and this time it may … Continue reading Google’s Fitbit deal could avoid EU antitrust probe by agreeing not to use health data for ads Continue Reading →

With the release of “Hamilton” on Disney+, Jordan and Darrell finally got to watch the musical biography of Founding Father Alexander Hamilton — albeit in recorded form, rather than live on-stage. And as we discuss on the latest episode of the Original Content podcast, they were pretty delighted by what they found. Not that a Broadway … Continue reading Original Content podcast: Yep, ‘Hamilton’ is still very good Continue Reading →

Qualcomm  has become the newest high-profile backer of four-year-old Reliance Jio Platforms, which has raised more than $15.7 billion in the past 12 weeks from as many investors. On Sunday evening, Qualcomm Ventures  said it will invest $97 million in Reliance Jio  Platforms to acquire a 0.15% equity stake “on a fully diluted basis” in the top Indian telecom operator. Qualcomm said it … Continue reading Qualcomm to invest $97 million in India’s Reliance Jio Platforms Continue Reading →

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, the unprecedented national security law descended on Hong Kong, changing the day-to-day life of the people there, as well as businesses across the board. … Continue reading China Roundup: Tech giants take stance on Beijing’s data control in Hong Kong Continue Reading →

After aggressive cost-cutting measures, including mass layoffs and selling several of its businesses, WeWork’s  chairman expects the company to have positive cash flow in 2021. Marcelo Claure, who became WeWork’s chairman after co-founder Adam Neumann resigned as chief executive officer last fall, told the Financial Times that the co-working space startup is on target to meet its goal, set … Continue reading WeWork’s chairman says it expects to have positive cash flow in 2021 Continue Reading →

Tesla has lowered the price of another vehicle. This time it’s the Model Y, an electric SUV the company started shipping in March. The long-range all-wheel drive version of the car is now listed with a purchase price of $49,990, or $3,000 less than what it was before. The car’s new pricing was first reported by Electrek over the weekend. … Continue reading Tesla lowers the starting price of its Model Y electric SUV Continue Reading →

Amazon told workers to delete TikTok or lose mobile access to company email. Amazon now says it sent the email announcing a TikTok ban by mistake, according to The Verge. “This morning’s email to some of our employees was sent in error,” an Amazon spokesperson said, according to the Verge article. “There is no change to our … Continue reading Amazon bans TikTok on employee phones, then calls it a mistake [Updated] Continue Reading →

Company’s statement offers clarification in the wake of Intel’s announcement. Macs with Apple silicon will still support Thunderbolt, according to Apple. The clarification came after Intel’s Thunderbolt 4 announcement led many to speculate that Macs without Intel CPUs would not have Thunderbolt ports. Here’s Apple’s statement, which was provided to The Verge: Over a decade ago, Apple partnered … Continue reading Yes, Apple silicon Macs will have Thunderbolt ports Continue Reading →