Erin Griffith
The New York Times
New York, NY, United States
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Recent articles by Erin:
Airbnb posts a $3.9 billion loss in its first report as public company.
Airbnb, which has faced sky-high expectations since its blockbuster initial public offering in December, posted declining revenue and a whopping $3.9 billion loss on Thursday in its first earnings report as a publicly traded company. The company brought in $859 million in revenue in the last three months of the year, down 22 percent from a year earlier. Its loss was driven by $2.8 billion in… → Read More
Robinhood, in Need of Cash, Raises $1 Billion From Its Investors
The no-fee trading app, which is popular with young investors, has been strained by the high volume of trading this week in stocks such as GameStop. → Read More
Pinterest Settles Gender Discrimination Suit for $22.5 Million
The suit had been brought by Françoise Brougher, Pinterest’s former chief operating officer, who said she was fired after speaking up about mistreatment. → Read More
DoorDash to price its public offering at $102 a share, valuing it at $39 billion.
DoorDash had already raised its price range amid demand from potential shareholders as it prepares to begin trading on the New York Stock Exchange. → Read More
Palantir Shares Go Up in Wall Street Debut
The Silicon Valley company leads a wave of tech outfits hoping to test the public markets in the busiest season for I.P.O.s in two decades. → Read More
Apple and Epic Games Spar Over Returning Fortnite to the App Store
The two companies argued in federal court over Apple’s power over apps, as their fight heads to trial next year. → Read More
To Fight Apple and Google, Smaller App Rivals Organize a Coalition
Spotify, Match Group, Epic Games and others have created a nonprofit alliance that they hope will amplify a protest against the power of the giants. → Read More
‘There’s No There There’: What the TikTok Deal Achieved
The agreement for the social media app falls short of President Trump’s promises. → Read More
Trump Approves Deal Between Oracle and TikTok
The approval delays President Trump’s threat to block a popular Chinese-owned social media app, while the American software giant, Walmart and others try to complete a deal to take control. → Read More
TikTok Accepts Deal Revisions as Trump Prepares to Review Proposal
The video app is also looking for a new chief executive and has talked to candidates including a founder of Instagram. → Read More
Snowflake More Than Doubles in Debut as Wall Street Embraces Tech IPOs
The data storage company is among several prominent start-ups going public this year as the tech industry thrives in the pandemic. → Read More
To Fight Apple and Google’s Grip, Fortnite Creator Mounts a Crusade
Tim Sweeney, chief executive of Epic Games, the maker of Fortnite, has railed against tech power. “The market is out of control,” he said. → Read More
Palantir, Tech’s Next Big I.P.O., Lost $580 Million in 2019
The Silicon Valley company could be the next in a string of tech outfits to go public long before they have turned a profit. → Read More
Airbnb, a ‘Sharing Economy’ Pioneer, Files to Go Public
The home rental company, which was privately valued at $31 billion, is trying to go public after its business was crushed by the pandemic. → Read More
Pinterest Employees Demand Gender and Race Equality
More than 200 said they stood in solidarity with three former co-workers who have accused the company of discrimination. → Read More
Fortnite Creator Sues Apple and Google After Ban From App Stores
Epic Games, the maker of the popular game, provoked the tech giants by violating their policies, then released a social media campaign and lawsuits to confront them. → Read More
Pinterest Accused of Gender Bias in Suit by Former No. 2 Executive
Françoise Brougher, Pinterest’s former chief operating officer, said she was fired after speaking up about mistreatment. → Read More
Start-ups braced for the worst, but the worst never came.
When the coronavirus pandemic first hit in March, many technology start-ups braced themselves for The End, as business dried up, venture capitalists warned of dark times ahead and restructuring experts predicted the beginning of a “great unwinding” after a decade-long boom. Five months later, those doomsday warnings have not translated into the drastic shakeout that many had expected. Funding… → Read More
Start-Ups Braced for the Worst. The Worst Never Came.
The doomsday warnings about tech start-ups failing in the pandemic have not yielded the shakeout that many expected a few months ago. → Read More
The Hot New Thing in Clubby Silicon Valley? An App Called Clubhouse
For all the high-minded talk among techies, their new favorite app is an invite-only (so far) social network for mingling with one another. → Read More