Taylor Swift says she's voting for Kamala Harris, noting that Donald Trump sharing an AI-generated image of her “endorsing” him prompted her to reveal her plans
Like many of you, I watched the debate tonight. If you haven't already, now is a great time to do your research …
Redbox's owner, Chicken Soup for the Soul Entertainment, files for bankruptcy protection; Chicken Soup took on $325M in debt when it acquired Redbox in 2022
Redbox's owner, Chicken Soup for the Soul Entertainment, filed for bankruptcy protection overnight.
SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act
More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls …
How the potential of voice as a platform was wasted: closed ecosystems, overly ambitious proclamations, distorted monopolistic incentives, and too much capital
How the potential of voice as a platform was wasted: closed ecosystems, overly ambitious claims, distorted monopolistic incentives, and too much capital
Sometimes innovation just ain't enough … I have four Echo devices in my household. For years, we used them to control the lights in our apartment … Tweets: @lutherlowe , @ranjanxr...
Mark Zuckerberg says Meta's management theme for 2023 is the “Year of Efficiency” and emphasizes the company is aiming to “become a leader in generative AI”
Taylor Hatmaker / TechCrunch :
Meta reports Q4 revenue down 4% YoY to $32.2B, net income down 55% YoY to $4.7B, and family daily active people up 5% YoY to 2.96B; stock jumps 24%+
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2022.
Court filing: FTX Digital Markets co-CEO Ryan Salame told The Bahamas' securities commission on November 9 that customer funds were used to cover Alameda losses
FTX executive told securities regulator crypto exchange was likely funnelling cash to Alameda trading firm
In response to Meta's rebuttal of its XCheck report, The Wire shares a video of a source using a subdomain, DKIM signatures, and more, but experts are skeptical
& many mainstream foreign journalists also questioned The Wire's work. Now, @thewire_in says it's verified the email via- its DKIM signature. https://thewire.in/... Matthew Green /...
Bolt Mobility, co-founded by Usain Bolt, seems to have ceased operations and vanished from at least five US cities, leaving unusable e-bikes; Bolt raised $40.2M
Bolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, appears to have vanished without …
Filings and holdings data at the end of April show Fidelity cut the valuation of Instacart by 50%, Reddit by 33%, ByteDance by 13%, and Stripe by 13%
Fidelity Investments cut valuations for several closely held technology companies, including social media platform Reddit and payment software provider Stripe. Tweets: @mikeisaac ,...
With Musk on the Twitter board, Parag Agrawal may struggle to balance his own vision against that of an unpredictable board member with a much louder megaphone
Task #1: undermine CEO, consolidate power — Today, let's talk about what Elon Musk means for the future of Twitter.
Sources: Byju's is talking to at least three SPACs, aims to unveil IPO plans with one of them in three to four weeks, and is exploring a $750M-$1B pre-IPO round
How Lina Khan's FTC is using the concept of “monopsony”, a market where one buyer is pre-eminent, to push for Big Tech antitrust regulation
Federal Trade Commission chief Lina Khan has developed an innovative way to frame the issue. Whether she has the tools to see it through remains to be seen.
How Frances Haugen maximized the impact of her leaked Facebook documents, rolling them out to WSJ and then broadening the circle to a large group of outlets
In a time of mega-leaks, journalists' sources have become power players. Frances Haugen, the former Facebook executive …
GitLab closed up 35% in its Nasdaq debut, giving it a $14.9 billion market cap, after raising $801M in its IPO at an $11B valuation
Ari Levy / CNBC :
GitLab raises $801M after pricing its IPO at $77 per share, above its $66 to $69 range, giving it a market valuation of $11B
Bloomberg :
Profile of Cathie Wood, the CEO of Ark Invest, which manages $85B, whose aggressive bets on Tesla and others have earned her admiration from Reddit traders
Amazon says it is seeking the recusal of FTC chair Lina Khan from matters related to the company, citing her history of criticism and antitrust arguments
at least in part—meant to deter people who might enter public service from making public statements criticizing unrepentant monopolists. Do not be deterred. https://twitter.com/......
Automattic acquires Day One, a popular journaling app for Apple devices with 15M+ downloads on the Mac and iOS App Store; terms of the deal were not disclosed
Automattic is expanding its lineup of online writing platforms with its acquisition of Day One, a popular journaling app for Mac and Apple mobile devices. Source: Matt Mullenweg , ...