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Techmeme
July 13, 2020, 7:50 PM
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Top News

Sundar Pichai / The Keyword:
Google unveils the Google for India Digitization Fund, pledging ~$10B over seven years toward a mix of equity investments, ecosystem investments, and more  —  Editor's note: Today at Google for India, Google CEO Sundar Pichai announced a $10 billion Google for India Digitization Fund to help accelerate India's digital economy.
Mark Gurman / Bloomberg:
Sources: Apple pushes retail workers to begin working from home, says full return to offices won't happen in 2020 and it's shipping employees COVID-19 test kits  —  - Full return to U.S. offices won't happen before end of 2020  —  Apple Inc. is readjusting operations as Covid-19 cases continue …
Wall Street Journal:
Sources: SoftBank is exploring a full/partial sale or public offering of Arm; SoftBank bought Arm for $32B four years ago  —  Japanese conglomerate bought British tech company four years ago for $32 billion  —  SoftBank Group Corp. 9984 4.23% is exploring alternatives including a full …
Paddy Baker / CoinDesk:
Crypto app Abra and partner company Plutus settle charges from SEC and CFTC for $300K after allegedly facilitating unregistered security-based swap transactions  —  Crypto financial app Abra has settled charges from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission …
Emily Birnbaum / Protocol:
Facebook, Google, Twitter, Microsoft, others back Harvard and MIT's suit against ICE directive that will send international students home if classes are online  —  A number of top tech companies say the Trump administration's new directive to strip foreign students of their visas could crush the tech industry's workforce.
Todd Spangler / Variety:
SiriusXM will buy E.W. Scripps' podcast network and producer unit Stitcher for $325M; Scripps says Stitcher had $72.5M in 2019 revenue  —  According to E.W. Scripps, the $325 million price tag represents a return of more than 100% in its investment in podcasting over the last five years.
Sarah Ponczek / Bloomberg:
According to Robintrack.net, during a four-hour span today almost 40,000 Robinhood accounts added Tesla stock, which hit $1,794.99 before closing at $1,497.06  —  - Almost 40,000 Robinhood users bought the stock in four hours  — Tesla shares surged 16% Monday before giving up gains
Subrat Patnaik / Reuters:
US semiconductor manufacturer Analog Devices says it will buy rival Maxim Integrated for $20B+ in an all-stock deal  —  (Reuters) - U.S. semiconductor maker Analog Devices Inc said on Monday it offered to buy Maxim Integrated Products Inc, an industry peer, for $20.91 billion in an all-stock deal.
New York Times:
As US COVID-19 cases surge, public health officials are battling broken, fragmented data systems, some relying on fax, that are seriously impeding progress  —  Before public health officials can manage the pandemic, they must deal with a broken data system that sends incomplete results in formats they can't easily use.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:50 PM ET, July 13, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Gene Maddaus / Variety:
Sources: Paramount reps are expected to meet Monday with the California AG's office to discuss a possible settlement of the antitrust suit blocking the WBD deal

Jennifer Jacobs / CBS News:
Sources: the Pentagon fired Stars and Stripes' publisher, EIC, and a Middle East reporter for insubordination; the publisher earlier announced his retirement

Richard Rushfield / The Ankler:
A look at Human Generative Workflows, a framework developed by a group led by Kathleen Kennedy, in which AI use in Hollywood stays under human creative control

More News

Issie Lapowsky / Protocol:
Sources detail issues faced by Black and brown tech employees when reporting incidents to HR departments, which often work only to protect company interests
Gerrit De Vynck / Bloomberg:
Sources, publishers, and advertisers say Google's 2015 decision to add a fourth ad atop Search negatively impacted results, decreasing organic website traffic
Hannah Murphy / Financial Times:
Inside Facebook's clubby network of invitation-only advertiser groups, called client councils, which use a mix of perks and pressure to keep brands close

Earlier Picks

Apple:
Apple allocates $400M+ for affordable housing projects and homeowner assistance programs in California, as part of its $2.5B commitment for CA's housing crisis
Donie O'Sullivan / CNN:
Both the DNC and RNC have asked campaign staff to refrain from using TikTok on personal devices
Yogita Khatri / The Block:
Public records show that the US Secret Service awarded a four-year contract in May to Coinbase to use its blockchain analytics software, worth $183,750 in total
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