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May 15, 2020, 8:50 PM
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| Axios: |
Facebook to buy Giphy, keep its branding, integrate with Instagram; sources say the deal is worth ~$400M, while Giphy was valued at ~$600M in its latest round — Facebook has agreed to buy Giphy, the popular platform of sharable animated images, Axios has learned from multiple sources.
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About Facebook, Protocol, GIPHY, The Information, The Verge, CNBC, Ars Technica, The Verge, Crunchbase News, Reuters, Digital Trends, Silicon Valley Business …, AdExchanger, Daring Fireball, The Daily Dot, Gizchina, Washington Post, The Mac Observer, TechSpot, Pocket-lint, SlashGear, TechCrunch, Input, 9to5Mac, Gizmodo, Thurrott, Los Angeles Times, Neowin, TechCrunch, Wccftech, Android Headlines, SiliconANGLE, Business Insider, Tom's Guide, The Next Web, Android Authority, XDA Developers, Tubefilter, MacRumors, Adweek, Social Media Today, iMore, NBC News, CNN, iDownloadBlog.com, and AppleInsider
Tweets: @giphy, @facebook, @mathewi, @telegram, @alexstamos, @dhof, @axios, @alexeheath, @bigblackjacobin, @cycle_soosai, @mattlynley, @alexrkonrad, @brosandprose, @wyldkard, @caseynewton, @db, @jonrussell, @bafeldman, @tonyromm, @dannyjpalmer, @backlon, @leojtravis10, @mikeisaac, @hunterwalk, @pixlpa, @mattsta, @adamjmoussa, @quinnypig, @bdsams, @briannekimmel, @caseynewton, @daithaigilbert, @sarahfrier, @joshelman, @rustybrick, @edzitron, @stephcd, @paulbernaluk, @wongmjane, @howardlindzon, @jeremysliew, @markgurman, @josephfcox, @tomwarren, @jason_kint, @mattlynley, @counternotions, @moonalice, @gymshortsstuds, @taylorlorenz, @stevekovach, @tuviae, @sivavaid, @alexhern, @arctictony, @seldo, @shaig, @joshconstine, @janelytv, @kevinroose, @alexstamos, @sarahfrier, and @taylorlorenz
| Owen Williams / OneZero : |
Facebook's purchase of Giphy gives FB insight into how and where gifs are shared outside of its own apps, including device IDs and keystrokes in Giphy tools — GIPHY joins Facebook's data collection arsenal — Facebook announced on Friday that it will buy Giphy, a popular GIF search engine …
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Axios, Wired, and Los Angeles Times
Tweets: @xor, @moxie, @vivekxk, @williamturton, @om, @can, @jonfortt, @quinnypig, @jamespmcleod, @chronotope, @sbisson, and @justicar
| Wall Street Journal: |
Sources: DOJ and state AGs are likely to bring antitrust lawsuits against Google as soon as this summer, focusing on its ad business and search dominance — Both the federal and state investigations are focused on Google's ad business — WASHINGTON—Both the Justice Department and a group …
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New York Times, The Verge, Forbes, Business Insider, Android Authority, 9to5Google, Axios, CNET, CNBC, Politico, The Hill, and Reuters
Tweets: @creativefuture, @nedryun, @stefanmolyneux, @pr1ntf, @sgurman, @lutherlowe, @thatarthurblake, @ivanthek, @jasonzweigwsj, @thomasbcn, and @jamesvgrimaldi
| Reuters: |
US bans sales to Huawei of semiconductors and semiconductor designs made abroad using certain US software and technology — WASHINGTON (Reuters) - The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action that could ramp up tensions with China.
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U.S. Department of Commerce, CNBC, South China Morning Post, The Next Web, TechCrunch, Gizmodo, Wall Street Journal, Android Authority, Reuters, XDA Developers, Forbes, U.S. Department of Commerce, South China Morning Post, Android Headlines, Gizchina, NBC Bay Area, Financial Times, The Verge, Android Central, Android Police, Wccftech, iPhone in Canada Blog, and Associated Press
| Global Times: |
China signals it is ready to retaliate for US' Huawei ban by launching investigations or imposing restrictions on companies like Qualcomm, Cisco, and Apple — China is ready to take a series of countermeasures against a US plan to block shipments of semiconductors to Chinese telecom firm Huawei … | Alex Konrad / Forbes: |
Sources: Clubhouse raised a Series A round from a16z, which includes $10M in primary capital and at least $2M in secondary shares, at a $100M valuation — Clubhouse is a voice-based social media app with about 5,000 beta test users. Prospective listeners have to sign up for a waitlist via Google form …
More:
Axios, The Information, Keep Up With KP, and Business Insider
Tweets: @alexrkonrad, @eliotwb, @nmasc_, @gemmamilne, @joshconstine, @jason, @jason, @sriramk, @kwamekvamme, @ingridlunden, @willoremus, @teddyschleifer, @fred_montagnon, @michelletandler, @taylorlorenz, @nbashaw, @garrytan, @davewiner, @taylorlorenz, @alexrkonrad, @suhail, @jaykapoornyc, @mdudas, @caseynewton, and @bramk. Thanks:@alexrkonrad
| Ben Lovejoy / 9to5Mac: |
Netflix begins restoring full quality streaming in Europe; Apple TV+ restored 4K streaming in late April — Netflix is gradually lifting coronavirus-related streaming quality limits in Europe. Netflix, Apple TV+, Amazon Prime Video has all complied with a European Commission request …
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FlatpanelsHD, Gizmodo UK, Android Central, TechSpot, The Verge, Android Authority, The Next Web, Neowin, and The Streamable
Tweets: @gizmodouk, @benlovejoy, @androidauth, @taxreformer, @thenextweb, and @somospostpc
| Brian Heater / TechCrunch: |
NPD: consumer spending on video gaming in the US hit a record $10.86B between January and March, up 9% YoY, with sales from video game content up 11% to $9.58B — New numbers from NPD confirm what we've known for a while: the first quarter of 2020 was a very good one for gaming companies.
More:
NPD Group, VentureBeat, CNET, Bloomberg, The Verge, Dot Esports, and IGN. Tweets: @asteroid_saku
| Saheli Roy Choudhury / CNBC: |
Singapore state investor Temasek joins Libra, along with cryptocurrency investor Paradigm and private equity firm Slow Ventures — - Singapore state investor Temasek is one of the latest organizations to join the Facebook-backed digital currency project libra.
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The Block, CoinDesk, Reuters, Libra.org, ZDNet, Bloomberg, Financial Times, Nikkei Asian Review, CryptoGlobe, BitcoinExchangeGuide, and coinspeaker.com
Tweets: @charlesmok, @katie_haun, @ryan_browne_, @reuters, @arjunkharpal, @messaricrypto, @davidmarcus, @joonian, @mdudas, and @r0h1n. Thanks:@ryan_browne_
| Kevin Roose / New York Times: |
Members of the anti-vaccine community are experienced at exploiting weaknesses of social media platforms and are primed to sow doubts about a COVID-19 vaccine — Social media is already filling up with misinformation about a Covid-19 vaccine, months or years before one even exists.
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Engadget. Tweets: @kevinroose, @chelseaclinton, @alfiekohn, @sachabaroncohen, @bostonjoan, and @sykescharlie
| Bloomberg: |
Sources: AppLovin paid ~$500M for mobile game developer Machine Zone, which was valued at ~$5B during its last funding round in 2016 — - It had raised about $725 million and had $5 billion value once — Machine Zone paid for Super Bowl ad starring Kate Upton| Stratechery: |
Forcing Facebook and Google to pay for news could lead to uncritical reporting on tech; better approaches would tackle roots of media woes, including ad markets — Exponent — as promised! — will be back tomorrow, talking about podcasting, Spotify, and working from home. — On to the update:Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Introducing Zoho AgentInbox: Email infrastructure built for AI agents — Most AI agents doing real work eventually need to send or receive email. The default move is to hand them access to someone's existing inbox …
Introducing Zoho AgentInbox: Email infrastructure built for AI agents — Most AI agents doing real work eventually need to send or receive email. The default move is to hand them access to someone's existing inbox …
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
Channels with Peter Kafka:
Meta's New $1300 Glasses and the Fight to Control AI
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Great Chat:
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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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Big Technology Podcast:
YouTube CEO Neal Mohan: Why We're Betting On AI And Not Afraid Of It
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Sources:
Marc Benioff on the AI boom, SaaSpocalypse, and future of Slack
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
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The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Grit:
Inside the AI Startup Making Customer Support 65% Cheaper
Grit explores what it takes to create, build and scale world-class organizations.
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