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September 23, 2019, 5:50 AM
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| Wall Street Journal: |
Sources: several WeWork directors, including SoftBank members, plan to push for Adam Neumann to step down as CEO — SoftBank officials are among those expected to push for Neumann ouster — A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive …
More:
CNBC, New York Times, The Information, Bloomberg, Fast Company, Inc42 Media, SiliconANGLE, CNN, Financial Times, Telegraph, PYMNTS.com, Business Insider, TechCrunch, and Seeking Alpha
Tweets: @eliotwb, @sherman4949, @inafried, @tomfgoodwin, @wallstcynic, @lizrhoffman, @zebulgar, @ruskin147, @tomgara, @om, @alialsalim, @andrewrsorkin, @aexm, @andrewrsorkin, @djtgallagher, @wolfejosh, @sruhle, @dnvolz, @lizrhoffman, @jason, @sherman4949, @sameer_singh17, @seldo, @coryweinberg, @mattrosoff, @damiangarde, @aaronklein, @scottmaustin, @brianc13, and @danprimack. Thanks:@varun_mathur
| Josh Constine / TechCrunch: |
A look at Peloton, which may raise $1.2B in this week's IPO and sells $2.3K iPad-equipped stationary bikes and $40/mo. cycling video subscriptions to 510K+ subs — 13 reasons this bike has a cult — It makes lazy people like me work out. That's the genius of the Peloton bicycle.
Tweets: @joshconstine, @austen, @joshconstine, @joshconstine, @joshconstine, @joshconstine, @joshconstine, @joshconstine, and @joshconstine
| Reuters: |
Der Spiegel: US dollar could make up 50% of the basket of currencies backing Libra, followed by 18% of euro, 14% yen, 11% British pound, and 7% Singapore dollar — BERLIN (Reuters) - The U.S. dollar will make up 50% of the basket of currencies backing Facebook's planned digital coin Libra … | James V. Grimaldi / Wall Street Journal: |
Sources: anti-Amazon “grass roots” non-profit FFMI, which actively lobbies and influences media op-eds, is funded by Walmart, Oracle, other Amazon competitors — Walmart, Oracle and mall owner Simon Property Group are secret funders behind a nonprofit that has been highly critical of the e-commerce giant
More:
Forbes and PYMNTS.com
Tweets: @jaycarney, @wsj, @hypervisible, @jan_eeckhout, @jeffsmithmo, @karlbode, @jbenton, @alecstapp, @jaycarney, @quinnypig, and @werner
| Queenie Wong / CNET: |
Facebook will sunset its group stories feature, available globally since December of last year, on September 26 — Facebook is killing a feature that allows administrators and members who're part of the social network's groups to post videos and photos that vanish within 24 hours, the company said on Friday.| Todd Martens / Los Angeles Times: |
Apple Arcade may break the iOS game industry's risk-averse focus on in-app purchases, promoting games with higher quality than free-to-play games — The iPhone and its App Store changed gaming. And not always for the better. — Yet now with Apple Arcade, a game subscription service launching this week … | Ingrid Lunden / TechCrunch: |
Facebook acquires Servicefriend, a startup that builds customer service AI chatbots for messaging apps; founders now work for Facebook's Calibra, per LinkedIn — As Facebook prepares to launch its new cryptocurrency Libra in 2020, it's putting the pieces in place to help it run.
More:
The Next Web, Coinspeaker, Silicon Republic, The Block, Crowdfund Insider, PYMNTS.com, SiliconANGLE, Tehrani.com, and Cointelegraph. Tweets: @ourielohayon
| Steven Zeitchik / Washington Post: |
Streaming services are gambling big on old shows, like AT&T's $1B for Big Bang Theory and Netflix's $500M for Seinfeld, with no way to know their actual worth — The numbers are enough to make you think it's 1995 and George is first getting mad at Jerry for breaking their pact.
Tweets: @carnage4life, @mrinaldesai, and @bluff_capital
| William Foxley / CoinDesk: |
Korean exchange Upbit says it is delisting six “privacy coins” including Monero, Dash, and Zcash following June's FATF guidance and a similar delisting by OKEx — Another cryptocurrency exchange has delisted a slew of privacy coins following recent regulatory requirements …
More:
CoinGeek, Messari Crypto, PYMNTS.com, Micky, and Crowdfund Insider
Tweets: @bitentrepreneur, @coindesk, @kylesamani, and @staska
| Connie Loizos / TechCrunch: |
Legalist, which funds lawsuits for a cut of settlements based on algorithmically calculated chances of winning, raises a $100M legal fund, ~10x its first one — If you haven't heard much about litigation finance, that may change soon. The practice dates back decades … | Tracy Qu / South China Morning Post: |
AllinMD Orthopaedics Hospital, a China-based online platform to match patients with orthopaedics hospitals and doctors, raises $100M Series B — AllinMD Orthopaedics Hospital connects more than 150,000 registered doctors and 17,000 hospitals with patients The six-year-old internet hospital … | Joanna Glasner / Crunchbase News: |
The number of $5M+ seed rounds in the US has risen steadily, from 45 in 2014 to 180 in 2018, but the trend may be cooling off, with 110 such rounds in 2019 YTD — Here at Crunchbase News, we've devoted a lot of coverage to the rise of supergiant rounds — our term for startup investments of $100 million and up.Sponsor Posts
Command Line:
What will the next generation of developers do when AI writes the code? — Microsoft and Carnegie Mellon are betting that the junior devs we train today will be the senior engineers of tomorrow.
What will the next generation of developers do when AI writes the code? — Microsoft and Carnegie Mellon are betting that the junior devs we train today will be the senior engineers of tomorrow.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
UK tax compliance with Zoho Books — The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
UK tax compliance with Zoho Books — The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Lenny's Podcast:
Inside the black box of AI: How AI models actually think | Emmanuel Ameisen (Anthropic)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Anthropic IPO Panic, A Spy At OpenAI?, The Great Food Slop Debate
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Great Chat:
What happened to tech's backbone?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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The Upstarts Podcast:
The $7B Startup Mapping Your Health In Just One Hour | Neko's Hjalmar Nilsonne
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Cheeky Pint:
The company building underwater drones for $50,000
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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BG2 Pod:
Jensen Huang | Does AI Revenue Justify Capex, '27 AI Bottlenecks, Singularity, Open vs Closed & more
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
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