Thu. 08/20 – Lyft Ends Service In California At Midnight

Facebook has removed tons of stuff from what it calls US-based militia organizations. Airbnb has filed for its IPO. Cobalt is an interesting raise. But also, some new tech might remove cobalt for better batteries. DoorDash launches grocery delivery. And is Palantir the first high profile company to flee Silicon Valley?

Sponsors:

Metalab.co
BuyRaycon.com/tech


Links:

https://www.nytimes.com/2020/08/19/technology/facebook-qanon-groups-takedown.html Facebook Removes 790 QAnon Groups to Fight Conspiracy Theory (NYTimes)

https://www.theguardian.com/us-news/2020/aug/19/facebook-qanon-us-militia-groups-restrictions Facebook restricts more than 10,000 QAnon and US militia groups (The Guardian)

https://www.cnbc.com/2020/08/19/airbnb-has-filed-confidential-ipo-paperwork.html Airbnb files confidential IPO paperwork (CNBC)

https://www.wsj.com/articles/airbnb-files-confidentially-for-ipo-with-sec-11597870752?mod=djemalertNEWS Airbnb Files Confidentially for IPO With SEC (WSJ)

https://www.bloomberg.com/news/articles/2020-08-20/online-thrift-shop-thredup-is-said-to-plan-ipo-early-next-year?sref=MzDxCtkS Online Thrift Shop ThredUp Plans IPO Early Next Year (Bloomberg)

https://techcrunch.com/2020/08/20/cobalt-io-grabs-29m-series-b-to-continue-building-out-pentesting-platform/ Cobalt.io grabs $29M Series B to continue building out pentesting platform (TechCrunch)

https://www.wired.com/story/this-cobalt-free-battery-is-good-for-the-planet-and-it-actually-works/ This Cobalt-Free Battery Is Good for the Planet—and It Actually Works (Wired)

https://www.theverge.com/2020/8/20/21376552/doordash-grocery-delivery-amazon-instacart-compete-launch-california-midwest DoorDash launches grocery delivery to compete with Amazon and Instacart (The Verge)

https://www.bizjournals.com/denver/news/2020/08/19/palantir-peter-thiel-alex-karp-headquarters-denver.html?page=all Data-analysis giant Palantir moves headquarters to Denver (Denver Business Journal)

https://www.scmp.com/tech/e-commerce/article/3098175/alibaba-posts-124-cent-gain-quarterly-profit-amid-chinas-gradual Alibaba posts 124 per cent gain in quarterly profit, sees China retail back to pre-pandemic levels (SCMP)

https://www.theverge.com/2020/8/20/21377493/lyft-california-suspend-ride-hailing-service-drivers-ab5?scrolla=5eb6d68b7fedc32c19ef33b4 Lyft will suspend its ride-hailing service in California (The Verge)