Reddit closed up 48%, at $50.44/share, in its NYSE debut, valuing the company at ~$9.5B on a fully diluted basis, just shy of its $10B valuation in August 2021
even for y'all. Rat King / @mikeisaac : apparently Reddit's IPO included the first bell-ringing carried out by a “non-human entity” — in this case, the alien Snoo [image] Trevor Scott / @tidefallcapit...
The US DOJ sues Apple, alleging the company blocked its competitors from accessing iPhone features, made switching to non-Apple devices more difficult, and more
In 2010, a top Apple executive emailed Apple's then-CEO about an ad for the new Kindle e-reader. TechCrunch : TechCrunch Minute: Breaking down the Apple iPhone antitrust lawsuit from the DOJ CNBC : DO...
The NYT sues OpenAI and Microsoft for copyright infringement, alleging they used millions of its articles to train AI, the first major US media outlet to sue
community responds Gaurav Girotra / Tech in Asia : NYT files copyright suit against OpenAI, Microsoft Jacob Oliver / CryptoSlate : New York Times sues Microsoft, OpenAI for alleged copyright infringem...
How online activists helped close BOO, an MLM scheme that sold $110 bags of dirt as alternative medicine on Facebook, Instagram, and TikTok during the pandemic
until scrutiny closed in last week. https://www.nbcnews.com/... Laurie Garrett / @laurie_garrett : Eating #ivermectin horse worms paste was bad enough, but now #antivaxxers are — and this is true — ea...
Twitter is testing “humanization prompts” which will show users' shared interest and mutual followers when replying to another user's tweet
Jack Morse / Mashable : Tweets: @twittercomms , @carnage4life , @bigblackjacobin , @tonyromm , @tha_rami , @hunterwalk , @green_footballs , @jmorse_ , @lolgop , @yashar , @brandyzadrozny , and @jolin...
President Trump told reporters on Friday that he will act soon to ban TikTok in the United States
and people are blaming Sarah Cooper, who may have hurt his feelings Joshua Keating / Slate : TikTok Could Have Been China's Nintendo Kaya Yurieff / CNN : ‘Everyone is going cray cray’: TikTok users fr...
Tim Cook will tell US lawmakers that App Store has opened the “gate wider” for developers, Apple isn't anticompetitive, and doesn't have “dominant market share”
and who include two of the world's richest individuals — primed to argue that their businesses are not really that powerful after all.” https://www.nytimes.com/... Nilay Patel / @reckless : I understa...
An independent audit commissioned by Facebook harshly criticizes the company, arguing that some of its decisions were “significant setbacks for civil rights”
but Facebook will ignore because Facebook is Facebook and will always be Facebook for as long as Facebook is allowed to decide what Facebook shouldn't and shouldn't do on Facebook. https://www.nytimes...
Sources: Facebook has been contacting ad agencies and trade bodies to reassure them that customer data is being protected in light of Cambridge Analytica news
Mozilla, Sonos, Commerzbank and Pep Boys—suspend ads http://www.wsj.com/... via @WSJ Drew Harwell / @drewharwell : The psychologist who shared Facebook user data with Cambridge Analytica wanted medica...