Hi again from Vancouver, where yesterday I got an introductory lesson in curling. (See After you Login for more on that.)
Illustration: Sarah Grillo/Axios
The fast-evolving internet ecosystem is changing how tech companies form alliances to lobby policymakers in Washington, Axios' David McCabe writes.
The bigger picture: In the overall ecosystem, lines are blurring or becoming more stark among different tech, media and telecom companies.
Here's a handy primer to keep the players straight...
Web giants and the upstarts:
Big tent tech:
Be smart: Technology has seeped into every industry, so more players are being drawn into tech debates. The rush to regulate data privacy has roped in companies from health care to retail.
A number of the tech journalists given demo units of the Galaxy Fold have seen the screen on the $2,000 foldable Samsung phone fail in short order.
Why it matters: The problems highlight just how hard it is to innovate in hardware, and why companies tend to follow tried-and-true designs.
Details: At least four of the relatively small group that were given a device had reported problems by Wednesday, just days after getting their hands on the phone.
What they're saying:
"A limited number of early Galaxy Fold samples were provided to media for review. We have received a few reports regarding the main display on the samples provided. We will thoroughly inspect these units in person to determine the cause of the matter."
"Separately, a few reviewers reported having removed the top layer of the display causing damage to the screen. ... Removing the protective layer or adding adhesives to the main display may cause damage. We will ensure this information is clearly delivered to our customers.”— Samsung spokesperson
Samsung said it's still planning to launch the Galaxy Fold in the U.S. on April 26.
Marijuana delivery service Eaze plans to announce later today that it is working with Code for America to help pay for Californians with marijuana convictions to get their records expunged.
What's new: Eaze will donate $4.20 for every delivery on April 20, up to $100,000, to Code for America’s "Justice at Scale” campaign. That will help the organization work towards its goal of clearing 250,000 low-level drug convictions.
The big picture: There is a sharp racial and economic divide between those who took part in the marijuana business before it was legalized and the new generation of cannabis entrepreneurs.
What they're saying:
Illustration: Aïda Amer/Axios
Pinterest raised over $1.4 billion in its IPO, pricing shares above the top of its expected range, Axios' Dan Primack reports.
The bottom line: It's a strong showing for an unprofitable unicorn on the heels of Lyft's IPO, but still values Pinterest shares a bit below where they were last sold to venture capitalists.
Meanwhile, Zoom also had a better-than-expected IPO, valuing the company at roughly $9.2 billion.
The bottom line: As Dan points out, although the two firms have roughly similar market capitalization, Pinterest had previously raised $1.4 billion in venture capital, while Zoom had taken on just $160 million in venture funding.
This is me, after a curling lesson. Maybe I will share video too...