Twitter sues Elon Musk, in Delaware's Court of Chancery, to force him to complete his $44B acquisition of the company, as he “refuses to honor his obligations”
The question of whether Elon Musk must buy Twitter, as he agreed to do in April, is headed to a court in Delaware.
Sources: Apple ends its consulting agreement with Jony Ive that made Apple his firm's primary client and limited Ive from taking on work Apple found competitive
Three years after promising to work “long into the future” with the man behind its candy-colored computers, Apple and Mr. Ive are through.
A critique of Ev Williams' 10-year tenure at Medium and how it got caught in the middle between Substack and well-funded publishers like BuzzFeed and Vice
How Medium got stuck in the middle. PLUS: Twitter sues Musk — Few tech CEOs can claim to have steered the course of online conversation more than Ev Williams.
Vermont's Department of Financial Regulation joins a multistate investigation into Celsius and says it believes the cryptocurrency lender is “deeply insolvent”
July 12 (Reuters) - Vermont's Department Of Financial Regulation on Tuesday said troubled crypto lender Celsius is …
An in-depth look at the rise and fall of crypto hedge fund Three Arrows Capital, whose founders Su Zhu and Kyle Davies bet everything on prices only going up
Days before Bitcoin fell decisively below $40,000, and two months before his hedge fund went bankrupt, Su Zhu sat down for an interview …
Medium founder Ev Williams is stepping down as CEO, to be replaced by Coach.me CEO Tony Stubblebine; Williams plans to start a new holding company/research lab
Next month will be the tenth anniversary of the launch of Medium. Coach Tony : Hello Medium readers, authors, editors and publishers Connie Loizos / TechCrunch : Ev Williams calls it quits as CEO of M...
Memo: Sundar Pichai told employees that Google will slow hiring in the rest of 2022 and will have to work with “greater urgency, sharper focus, and more hunger”
‘Greater urgency, sharper focus, and more hunger’ — Google has told employees that it'll be …
Microsoft says a phishing campaign targeted 10K+ organizations since September 2021 by hijacking Office 365's authentication process even on accounts using MFA
Campaign that steals email has targeted at least 10,000 organizations since October. — On Tuesday, Microsoft detailed …
Unity to merge with app monetization service Ironsource, valued at $4.4B in the all-stock deal; Silver Lake, Sequoia will invest $1B in Unity after the merger
Update: the companies have confirmed the news here. IronSource is being valued at $4.4 billion in the all-stock deal.
SVP Prabhakar Raghavan says Google's studies show younger users often use apps like Instagram and TikTok instead of Google Search or Maps for discovery purposes
The TikTok threat to Google's business isn't just limited to YouTube, as it turns out. Core Google services, including Search and Maps …
Twitter says roughly 1.5B tweets about gaming were made on its site in H1 2022, up 36% YoY; Genshin Impact and Wordle were the most tweeted-about games
Roughly 1.5 billion tweets about gaming were made on Twitter in the first half of 2022. That's ‘billion’ with a ‘b’.
The leaders of Amazon, Microsoft, Apple, Meta, Google, and 500+ business, education, and nonprofit companies urge US states to boost computer science education
More than 500 business, education and nonprofit leaders have teamed with Seattle-based computer education nonprofit Code.org …
Reddit partners with Giphy to bring GIF comments to new subreddits and existing subreddits if moderators opt in to the feature
Subreddit moderators can opt in to the new GIF library — Reddit is joining the GIF party with its new partnership with Giphy, a massive online hub where internet users upload and share GIFs.
TikTok unveils Content Levels, a system to classify content, similar to age ratings in films, and plans to let users block videos with certain words or hashtags
Earlier this year, TikTok said it was developing a new system that would restrict certain types of mature content from being viewed by teen users.
Kontent, whose headless CMS powers over 2K websites, apps and e-commerce stores, has raised $40M from Expedition Growth Capital
Kontent, a platform designed to help companies manage business-related content in the cloud, today announced that it raised $40 million from Expedition Growth Capital as part of a growth capital infus...
An unnamed ex-Twitter employee tells the January 6 committee that Twitter went easy on Trump because it “relished” knowing it was his favorite social network
Washington Post :
Sources: Snap is exploring plans to let NFT artists showcase their designs as augmented reality filters on Snapchat; the test will start at the end of August
Social media platform is the latest to dabble in digital assets to attract influencers despite crypto crash
HBO and HBO Max receive 140 Emmy nominations, while Netflix gets 105, Hulu 58, Apple TV+ 52, Disney+ 34, Amazon 30, and broadcast network TV a new low of 86
Apple, anti-gun violence messages dominate category Washington Post : Emmy nominations 2022: ‘Succession’ earns most nods; ‘Squid Game’ makes history Tweets: Atima Omara / @atima_omara : A very niche ...
Truecaller launches Open Doors, a Clubhouse-like app which lets users register with their phone numbers and audio chat with their contacts who have the app
If you thought of the age of companies launching real-time audio chat apps, you're wrong. Swedish caller identification service Truecaller …
In Germany, South Korea, and other countries, BMW starts selling subscriptions or charging one-time fees to unlock heated seats, engine sound options, and more
IBM's Red Hat names Matt Hicks, head of products and technologies, as president and CEO, taking over from Paul Cormier, who will serve as chairman
its new CEO promises more of the same https://www.bloomberg.com/... Jon Masters / @jonmasters : This is a really really good development. @PaulJCormier has done Red Hat proud and I know @matthicksj wi...
Sources: Foxconn Industrial Internet took a minority stake in Chinese state-backed chipmaker Tsinghua Unigroup for $788M during Unigroup's $9B bailout by China
A Shanghai-listed arm of Foxconn Technology Group acquired a stake in China's top chipmaker during its $9 billion bailout …
Incident.io, which makes a Slack-based software incident response platform, has raised a $28.7M Series A led by Index Ventures
It's Incident.io co-founder and CEO Stephen Whitworth's assertion that there's fragmentation in the market for software incident management solutions.
Sources: UK payments company Zepz, formerly WorldRemit, delayed its IPO planned for Q2, 2022 due to issues with accounting and turnover in its senior ranks
UK financial technology startup Zepz, parent of WorldRemit, has struggled with its accounts and turnover in its senior ranks prior …
New Oriental, one of China's largest private-tutoring companies, became a livestream grocery shopping service on Douyin, after China's regulatory crackdown
New Oriental's rebranding catches on with viewers as English tutors go viral selling produce online Tweets: @shenlulushen and @carlminzner Tweets: Shen Lu / @shenlulushen : I explored New Oriental's s...
Nothing announces its phone (1), starting at £399 with LED strips on the back, two 50MP rear cameras including an ultrawide lens, in 40+ markets but not the US
cannot — live up to the hype it's gotten. It is not a threat to BBK/Xiaomi/Samsung/Apple. However, it might be interesting enough to sell in moderate volumes and create future opportunities. https://t...
Elon Musk, in replies to a Breitbart tweet about Trump calling him a “bullshit artist”, says Trump should “hang up his hat” and DeSantis would easily beat Biden
What Happens Next Tweets: Elon Musk / @elonmusk : @BreitbartNews I don't hate the man, but it's time for Trump to hang up his hat & sail into the sunset. Dems should also call off the attack - don't m...
Google says YouTube TV has 5M+ subscribers, including free trial users, making it the US' biggest internet pay TV provider and fifth-largest TV distributor
Todd Spangler / Variety :
The Magic Leap 2 mixed reality headset is coming on September 30 with a lighter, smaller design and a wider FoV, starting at $3,299, ~$1K more than Magic Leap 1
Adi Robertson / The Verge :
India's Directorate Of Revenue Intelligence says Oppo's India unit evaded customs duty of $550M, following similar probes into local units of Xiaomi and Vivo
Manish Singh / TechCrunch :
Spotify acquires Heardle, describing the music trivia game inspired by Wordle as a “tool for musical discovery”, and plans to keep it as a standalone site
China approves publishing licenses for 67 more online game titles, its third batch in 2022, but Tencent and NetEase games again failed to make the list
Zheping Huang / Bloomberg :
Match Group expands its partnership with Garbo to offer background checks to users on its Match and Stir dating apps, after offering it to Tinder users in March
Jessica Bursztynsky / CNBC :
Lightspeed Venture Partners raised $6.6B across three US funds and $500M for an India and Southeast Asia fund, and debuts a team to back blockchain founders
Pakistan-based Airlift, which delivers goods in 30 minutes, is shutting down after failing to raise more funding; Airlift raised an $85M Series B in August 2021
Manish Singh / TechCrunch :
Preply, a tutoring marketplace for language learning, raised a $50M Series C, PitchBook says at a $400M post-money valuation, bringing total funding to $100M
Ingrid Lunden / TechCrunch :
PE firm Madison Dearborn acquires a majority stake in Unison, a software provider to the US government, from Carlyle; sources: the deal values Unison at $1B+
Bloomberg :
Solana-based STEPN reports $122.5M in Q2 2022 profits, after earning $26M in Q1; STEPN plans to leverage 5% of the profits to buy and burn its native GMT tokens
Atlanta-based SingleOps, which makes business management software for the green industry, has raised $74M led by FTV Management Company
Zach Armstrong / Atlanta Business Journal :
A profile of Strider, which scours open-source data in China to identify technologies most at risk of being stolen and potential intellectual property thieves
and the people who might be tempted to steal them https://www.bloomberg.com/... Nicholas Eftimiades / @neftimiades : I recently provided Bloomberg some research from my database on Chinese espionage c...
Animoca Brands announces a $75.32M raise at a $5.9B valuation, the second tranche of its $360M round in January 2022 that valued the NFT company at $5.5B
Tecton, which helps companies deploy real-time machine learning models faster with less data engineering effort, raised a $100M Series C led by Kleiner Perkins
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.