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July 13, 2020, 1:05 PM
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| Sundar Pichai / The Keyword: |
Google unveils the Google for India Digitization Fund, through which it will invest ~$10B over the next five to seven years in the country — 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.
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TechCrunch, Official Google India Blog, The Information, The Next Web, Android Police, ZDNet, Wall Street Journal, Android Authority, TechCrunch, Reuters, Coinspeaker, FierceWireless, Inc42 Media, Engadget, Fossbytes, Silicon Valley Business …, PYMNTS.com, Firstpost Tech, Bloomberg, Gizchina, MSPoweruser, Firstpost Tech, MediaNama, BGR India, Reuters, Android Central, Neowin, Pocketnow, Telecoms.com, and TechCircle
Tweets: @sundarpichai, @cnn, @anshuman1tiwari, @malikashok, @sunil_deodhar, @caesars, @rsprasad, @rockstarjaddu, and @chandrarsrikant
| 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.
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The Verge, Reuters, Axios, Scripps, TechCrunch, CNET, Android Central, and Engadget
Tweets: @ashleyrcarman and @davezatz
| 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 …
More:
U.S. Securities …, CFTC, and Cointelegraph
| Lucinda Shen / Fortune: |
Robinhood says it has raised $320M in new funding that values it at $8.6B, following its $280M Series F in May, which valued it at $8.3B — Investors are adding hundreds of millions more to Robinhood's coffers as the pandemic ushers in new customers. — On Monday, the stock-trading app announced …
More:
TechCrunch, The Block, and Reuters
| 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.
| Kyle Wiggers / VentureBeat: |
UiPath, which makes software to automate repetitive tasks, raises $225M Series E led by Alkeon Capital Management at a $10.2B valuation — Take the latest VB Survey to share how your company is implementing AI today. — Robotic process automation startup UiPath today announced it has closed …
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TechCrunch, GeekWire, UiPath Inc., Bloomberg, CNBC, SiliconANGLE, Business Insider, and Crunchbase News
| 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.
Tweets: @sarahkliff, @bymikebaker, @lolgop, @yfreemark, @dylanbgeorge, @sam_baker, @nytimes, @ryanlcooper, @elidourado, @sangerkatz, @jennifernuzzo, and @amymaxmen
| 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 — Vanessa Williams was coming off of a big professional win in August 2018. The former marketing staffer on YouTube's music team … | David McCabe / New York Times: |
In a May filing to Australia's antitrust regulator, Google said it doesn't control enough of the digital ad market to overcharge customers or block competitors — A document sent by the search giant to Australian regulators argues that the company doesn't control enough of the digital ad industry … | Kyle Wiggers / VentureBeat: |
Autonomous drone startup Skydio raises $100M Series C and announces X2, a new commercial drone lineup coming in Q4 with optional aftermarket software upgrades — Take the latest VB Survey to share how your company is implementing AI today. — Redwood City-based drone startup Skydio today announced …
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TechCrunch
| 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 — Social media company uses a mixture of perks and pressure to keep brands close — Facebook likes to roll out the red carpet … | 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 — A push for quicker answers and more ad revenue has made it more expensive for online businesses to reach consumers.
Tweets: @bloombergquint, @rustybrick, and @bloombergasia
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