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MANDEL NGAN/AFP via Getty Images;Xinhua/Liu Jie via Getty Images;Insider For nearly a year, internet companies have been bracing for Hurricane Apple. The imminent update to the iPhone's software (technically, iOS 14.5) will require smartphone apps to get permission from users before tracking them and collecting data — a change that could devastate the highly targeted advertising business that social media companies rely on.  Maybe we're just in a calm-before-the-storm moment, but, less than a week before the Apple update is expected, the internet companies...

This week: Goodbye Bezos, Hello Armstrong — the billionaire life cycle Steven Ferdman/Getty; Skye Gould/Business Insider On Thursday, Amazon founder Jeff Bezos penned his final letter as CEO of the retail giant he launched 27 years ago. Bezos' letters are an annual tradition, and his farewell address is full of insight about his views on the business and current events, with warnings about threats to democracy and the environment, and the need for all us to proactively take action. Here's how he signed off: "Be kind, be original, create more than you co...

This week: It's smackdown season in techland Warner Bros. Maybe it's because of all the hoopla over the new "Godzilla vs. Kong" movie, but I'm noticing a lot of news about clashes between the titans of the tech industry lately.  The decade-long courtroom battle between Google and Oracle came to a close this week when the US Supreme Court declared Google the victor, absolving it of any allegations that it stole Oracle's code by using Java APIs in the Android operating system.  "Sanity has prevailed," Another brewing showdown between Box and activist invest...

Spring is here, arms are getting jabbed across the country, and in Silicon Valley the mood is feverish. Every day brings news of big-ticket startup funding deals, eye-popping valuations, and fresh stock listings. It's not as if Silicon Valley was struggling to attract capital before. But with the tech business having proven surprisingly impervious to the pandemic, an emboldened industry now seems convinced that the re-opening will bring only more good times.  Samantha Lee/Insider As Becky Peterson reports: "When a startup raises a smaller round at a lower va...

A startup fever is sweeping Silicon Valley aoreskovic@businessinsider.com (Alexei Oreskovic) Hello, and welcome to this week's edition of the Insider Tech newsletter, where we break down the biggest news in tech, including: Spring is here, arms are getting jabbed across the country, and in Silicon Valley the mood is feverish. Every day brings news of big-ticket startup funding deals, eye-popping valuations, and fresh stock listings. It's not as if Silicon Valley was struggling to attract capital before. But with the tech business having proven surprisingly impervious to the pa...