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May 24, 2021, 10:45 AM
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| Nick Statt / Protocol: |
Ahead of Monday's closing arguments in the Apple vs Epic trial, a closer look at the judge's pointed questioning of Cook that touched on the lack of competition — Judge Yvonne Gonzalez Rogers, who is presiding over the Epic v. Apple antitrust trial, saved her best for last.
More:
The Verge, Wall Street Journal, The Verge, CNET, and RCR Wireless News
| Heather Somerville / Wall Street Journal: |
Study: among 44 tech startups that completed a SPAC deal from the start of 2020 through April 2021, their share prices had fallen 12.6% on average by May 17 — Entrepreneurs are increasingly wary about the money-raising tool after watching peers' stocks slide and investors balk
More:
Silicon Valley Business … and PYMNTS.com
Tweets: @wsj, @julianklymochko, @laurenshirsch, @mayazi, @gunjanjs, and @m_delamerced
| Manish Singh / TechCrunch: |
Indian startup Zeta, which helps banks launch fintech products, raises $250M Series C led by SoftBank Vision Fund 2 at a valuation of $1.45B — Zeta, a startup that helps banks and fintech firms launch products, is the newest to attain the coveted unicorn status after closing a new financing round.
More:
The Economic Times, Entrackr, The Economic Times, Finextra, Bloomberg, Inc42 Media, and Tech in Asia
| Chaim Gartenberg / The Verge: |
Google's partnership with Samsung to merge Wear OS with Samsung's Tizen comes after years of Google failing to build a cohesive wearables strategy — Third time might not be the charm — Once again, Google is hitting the reset button, combining with Samsung's Tizen wearable operating system …
Tweets: @ericliptonnyt, @jarango, and @killedbygoogle
| Ken Norton / Bring the Donuts Newsletter: |
Q&A with Michael Siliski, a business lead at Stripe, on product culture, how written long-form documents facilitate the flow of information at Stripe, and more — Go deep, move fast, and build multi-decade abstractions — This is the next part of my ongoing series about product culture.
More:
Protocol. Tweets: @aneel, @patrickc, @quamen, @amix3k, @david_perell, @paulg, @sarthakgh, and @carnage4life
| John McCormick / Wall Street Journal: |
How Pinterest's neural network curates pins for users, pairing them with tailored ads on their search results, drawing 480M people to the site in Q1, up 30% YoY — Using neural networks, the site is able to find images—and ads—that will catch the consumer's eye
Tweets: @glenngabe and @psb_dc
| Olivia Solon / NBC News: |
Pro-Palestinian activist campaign targets Facebook's app store ratings via 1-star reviews; Facebook's internal chats show Apple declined to remove the reviews — Pro-Palestinian activists are running a coordinated campaign to downgrade Facebook's app review ratings to protest …
More:
The Verge, AppleInsider, New York Post, Insider, MUO, Middle East Eye, and Engadget
Tweets: @hamadrajpvt, @craigkellymp, @osgaweesh, @hamadrajpvt, @sajeeralam, @middleeasteye, @marwasf, @hamadrajpvt, @nazihfares, @matteomoschella, @dats, @oliviasolon, and @bzamayo
| Sneha Shah / The Economic Times: |
PitchBook: Indian startups raised $7.8B from Jan. to Apr 2021, ~70% of $12.1B raised in 2020; average funding size is $25.21M in 2021, up from $14.94M in 2020 — Startup funding party continues amid second wave of Covid-19 — Risk investors continue to pump in record funds … | Zheping Huang / Bloomberg: |
Kuaishou, ByteDance's main rival, reports Q1 revenue of $2.65B, up 37% YoY, and a net loss of $8.9B, as it delved deeper into online commerce and advertising — - Advertising and e-commerce helped juice quarterly revenue — Kuaishou offers investors a taste of China's hot video market
More:
PR Newswire and Tech in Asia
| David J. Lynch / Washington Post: |
A look at the greater role automation is playing in the US, with labor shortages driving greater adoption since the start of the pandemic — From warehouses to oil fields, artificial intelligence, robots and advanced software are leaving a mark — The United States today is producing roughly …
Tweets: @mckinsey_mgi, @washingtonpost, and @davidjlynch
| Wall Street Journal: |
Ethiopia picks a consortium backed with US foreign aid and led by Vodafone over a China-backed group to build a multi-billion dollar 5G-capable network — A U.S.-backed consortium beat a Chinese-backed one for a multibillion-dollar contract to build Ethiopia's 5G-capable network
More:
Techpoint Africa, Telecoms.com, and Slashdot
| Karen Hao / MIT Technology Review: |
Over 500 AI researchers are working on a project to build an open-source large language model that will be used to conduct research independent of any company — Hundreds of scientists around the world are working together to understand one of the most powerful emerging technologies before it's too late.
Tweets: @jon_severs, @lucianabenotti, @techreview, @_karenhao, @phalcon7, @ict4peace, @techreview, @techreview, @mor10, @glichfield, and @quantamagazine
Sponsor Posts
Google:
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Shopify:
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Zoho:
Email fatigue is real: Here's how smart email tools help you regain control — Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Email fatigue is real: Here's how smart email tools help you regain control — Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box 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 & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Grit:
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Lenny's Podcast:
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Big Technology Podcast:
OpenAI's 2026 Priority, Disney's AI Play, Datacenter Buildout Trouble
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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Hard Fork:
Australia Kicks Kids Off Social Media + Is the A.I. Water Issue Fake? + Hard Fork Wrapped
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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