Weekly#452

  • Amazon posted sales of $110.8 billion and generated a profit of $3.2 billion, down from the $6.3 billion the company made during the same period a year earlier. (WSJ)
  • Udemy IPO: Online education company has market value of about $4 billion
  • Facebook is killing the Oculus brand name as part of its huge Meta rebrand
  • Satellite Maker Terran Orbital Strikes $1.58 Billion SPAC Deal (WSJ)
  • A once-quiet battle to replace the space station suddenly is red hot…Three competitors have already entered the arena. More are expected.
  • TikTok is testing a new direct tipping feature with select creators
  • Verizon will use Amazon’s low Earth orbit satellites to extend 4G and 5G
  • Zendesk to Buy SurveyMonkey Parent Momentive Global
  • Alibaba is ramping up in Europe, and is already ahead of Amazon in one region
  • Global Chip Shortage ‘Is Far From Over’ as Wait Times Get Longer (WSJ)
  • On Thursday, Arizona-based carbon accounting startup Persefoni said it raised over $100 million

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