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June 20, 2021, 1:55 AM
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memeorandum
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| Eric Newcomer / Newcomer: |
Andreessen Horowitz's Future doesn't compete with journalism because it offers up essays, not reporting, limiting its potential to promote tech-positive views — I've been dragging my feet on writing about Andreessen Horowitz's much-anticipated new publication, which the firm revealed Tuesday.
More:
Columbia Journalism Review and Slow Boring
Tweets: @gaberivera, @davidgerard, @gaberivera, @edzitron, @davewiner, @cathyreisenwitz, @mattyglesias, @ericnewcomer, @sarthakgh, @iansherr, @dotben, and @jaycuthrell
| Todd Feathers / VICE: |
Some US unemployment applicants say facial recognition models used by ID verification service ID.me are failing to identify them, locking them out of benefits — ID.me's CEO says unemployment fraud is costing taxpayers $400 billion, but his own company is denying claims because of problems with its tech, users say.
More:
The Verge, Gizmodo, and Engadget
Tweets: @frankpasquale, @mattk, @nicoleozer, @vectorpoem, @draglikepull, @hypervisible, @jason_koebler, @timmarchman, and @lmatsakis
| Olivia Solon / NBC News: |
Drought-stricken communities in the US push back against data centers' water usage; a typical data center uses same water per day as a city of 30K-50K people — On May 17, the City Council of Mesa, Arizona, approved the $800 million development of an enormous data center …
More:
Slashdot. Tweets: @oliviasolon, @alex, @iainthomson, @oliviasolon, @mattk, @hypervisible, @nycdsatechwg, @oliviasolon, @pinboard, @deborahblum, and @william_fitz
| Karissa Bell / Engadget: |
Facebook says it will update its community standards to clarify how it treats satirical content as a result of recommendations from the Oversight Board — will update its community standards to clarify how it treats satirical content as a result of recommendations from the Oversight Board.| Juan José Relmucao / Rest of World: |
How an Argentinian govt. program that issued netbooks to 4M low-income students from 2011 to 2015 helped indirectly create a new generation of teen musicians — Working-class teens turned junked machines into musical instruments. — • BUENOS AIRES, ARGENTINA
Tweets: @rossdawson, @restofworld, @thatericalper, @sub8u, @restofworld, @restofworld, and @anirvan
| Alex Kantrowitz / Big Technology: |
The Platform Competition and Opportunity Act, which ends Big Tech acquisitions, could backfire in several ways, like discouraging startups' productive behavior — Congress wants to stop most Big Tech acquisitions. But that won't neccesarily increase competition. — 5 hr ago
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TechCrunch, BIG by Matt Stoller, Centre for Economic Policy Research, Axios, Financial Times, Politico, Philip Elmer‑DeWitt, and Vox
Tweets: @repkenbuck, @tomcottonar, @politico, @birnbaum_e, @repkenbuck, @repkenbuck, @ggreenwald, @ppatel, @kantrowitz, @scottros, @matthewstoller, and @kantrowitz
| Kara Swisher / New York Times: |
More:
AppleInsider. Tweets: @ashleyrgold, @kantrowitz, @sarthakgh, @benedictevans, @benedictevans, @sally_hubbard, @greg_speicher, @greg_speicher, @migueldeicaza, @stevesi, and @karaswisher
| Reuters: |
PayPal will increase US sellers' costs to 3.49% plus $0.49 per transaction on its payment products starting Aug. 2, up from 2.9% plus $0.30 on most transactions — NEW YORK (Reuters) -PayPal Holdings Inc will lift merchant costs for its branded payment products while cutting those for behind …
Source:
PayPal Newsroom. More:
MUO, The Verge, Bloomberg, and PYMNTS.com
Tweets: @georgeb14941177, @lukemassie, @billda, @quinnypig, and @jasuja
| Juliet Chung / Wall Street Journal: |
Addepar, a provider of wealth management software, raises $150M from D1 Capital Partners at a $2.17B valuation; source: Addepar was valued at ~$1B in November — The company, which makes software to track investment performance, has raised $150 million from D1 Capital Partners
Source:
PR Newswire. More:
IBS Intelligence Market News, InvestmentNews, FinSMEs, and Silicon Valley Business …
Tweets: @davidsacks and @addepar
| Heather Landi / FierceHealthcare: |
Brightline, which provides virtual behavioral health therapy for children and teenagers, raises $72M Series B led by GV, bringing its total raised to ~$100M — Startup Brightline scored $72 million to fuel the national expansion of its virtual behavioral health solution designed specifically … | Dean Takahashi / VentureBeat: |
Lingokids, which offers educational games through its “playlearning” app for kids aged 2-8, raises $40M Series C and claims to reach 30M+ families worldwide — Elevate your enterprise data technology and strategy at Transform 2021. — Lingokids has raised $40 million in funding for its educational games platform.
Source:
Lingokids. More:
Kidscreen, Angel News, Tech.eu, FinSMEs, and Pocket Gamer.biz
Tweets: @lingokids, @googlestartupes, @deantak, and @reachfund
| Emma Folts / Los Angeles Business Journal stories: |
Eltropy, whose suite allows financial institutions to communicate with customers via text messages, announces $21M investment from K1 as part of its Series A — Manhattan Beach-based private equity firm K1 Investment Management is making a $21 million investment in Milpitas-based software company Eltropy Inc.| Hanaa' Tameez / Nieman Lab: |
Survey: social media users see the removal of hate speech as more fair than removing profanity, with moderators who removed hate speech seen as more trustworthy — News consumers and social media platform users prioritize the removal of hate speech over the removal of profanity … | Chuq Von Rospach / 6FPS: |
Apple, whose arrogance and sense of entitlement let it treat developers as a hassle for two decades, will find few allies as it fights looming regulation — If this issue seems late, believe it or not, it's not. But given the vagaries of our calendar, this is the latest possible …
More:
Michael Tsai. Tweets: @marcoarment, @chuq, @siegel, @brucel, @samdeane, @jimcarroll, @chuq, @keleftheriou, @kocienda, @kocienda, @savaran, @siegel, @kocienda, @siegel, and @marcoarment
Sponsor Posts
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SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Zoho:
Labels that build themselves: Simplified Label Automation in Zoho Writer — Anyone who ships every day knows this feeling. Forty orders, each with a different number of items, and every item needs its own label.
Labels that build themselves: Simplified Label Automation in Zoho Writer — Anyone who ships every day knows this feeling. Forty orders, each with a different number of items, and every item needs its own label.
IDrive:
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WebBrain:
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.Featured Podcasts
The Upstarts Podcast:
How Ramp Built A $60B AI Product Factory Off A Corporate Card | Co-CEO Eric Glyman
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.
Subscribe to The Upstarts Podcast.
Great Chat:
Would you let a robot do it?
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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Training Data:
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Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Big Technology Podcast:
Can AI Keep Going After The Democrats' Big Win? — With Teddy Schleifer
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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Machine Gods:
Crypto's Biggest Heist Ever + The Spy Who Loved Nvidia + Hacktober's Unsolved Mysteries
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
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Channels with Peter Kafka:
Barry Diller on Big Bets, AI, and Knowing When to Walk Away
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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