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June 17, 2022, 3:50 AM
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memeorandum
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| Bloomberg: |
Sources: Elon Musk addressed Twitter employees for the first time since agreeing to buy the company in April, discussing potential layoffs, moderation, and more — Tesla Inc. Chief Executive officer Elon Musk discussed his stance on what types of content should be allowed on Twitter Inc.'s social network …
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Vox, New York Times, Washington Post, The Verge, CNBC, TechCrunch, Reuters, Silicon Republic, TechCrunch, Benzinga, CNN, The Verge, The Block, Axios, Fossbytes, Wall Street Journal, NPR, Hollywood Reporter, La Wikly de Emilio Doménech, Insider, The Verge, Bloomberg, Crypto Briefing, Social Media Today, Bloomberg, The Guardian, Deadline, TheStreet, Japan Today, Variety, The Wrap, CNET, New York Post, and Ars Technica
Tweets: @alexeheath, @alexeheath, @lizzadwoskin, @danprimack, @mikeisaac, @alexeheath, @mikeisaac, @noupside, @jenn_elias, @cernovich, @kenli729, @mikeisaac, @mikeisaac, @mkarolian, @bennyjohnson, @pkafka, @caseynewton, @markmilian, @ericajoy, @kantrowitz, @donie, @ericnewcomer, @pkafka, @qhardy, @bennyjohnson, @anthony, @mikeisaac, @elonmusk, @jyarow, @mikeisaac, @kurtwagner8, @evafoxu, @kantrowitz, @donie, @mmasnick, @elonmusk, @mattrosoff, @reckless, @alexeheath, @maxkennerly, @nytimes, @jimpethokoukis, @hsajwanization, @elonmusk, @jlgolson, @stevekovach, @caseynewton, @mikeisaac, @nycsouthpaw, @kurtwagner8, @2aupdates, and @mattnavarra
| Casey Newton / Platformer: |
Some employees say that Musk sounded genuinely enthusiastic about owning and running Twitter, but the meeting reinforced their mostly negative beliefs about him — Musk says he has big plans for the company. Employees wonder how he'll achieve them
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The Economic Times, Financial Times, Quartz, PYMNTS.com, Insider, and Gizmodo. Tweets: @caseynewton
| Financial Times: |
Sources: BlockFi was among the groups that liquidated at least some positions held by Three Arrows Capital, which failed to meet margin calls this past weekend — BlockFi was among a clutch of firms that liquidated the Singapore-based group's positions — Three Arrows Capital failed …
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Bankless, Closingbell Gems, PYMNTS.com, Bloomberg, Frank Corva's Newsletter, Crypto Briefing, Cointelegraph, Reuters, CoinDesk, The Block, Coinmonks, Web3 is going just great, and Forkast
Tweets: @thedefiedge, @blockfizac, @blockfizac, @melt_dem, @milesdeutscher, @theskyhopper, @rleshner, @firstadopter, @lakshmishaks, and @kadhim
| Mary Jo Foley / ZDNet: |
Microsoft debuts Defender for Individuals, an online security dashboard for PC, Mac, iOS, and Android, part of Microsoft 365 Family and Personal subscriptions — Microsoft is adding the Microsoft Defender for Individuals to its Microsoft 365 Personal and Family subscriptions.| The Verge: |
Snap is internally testing Snapchat Plus, a paid subscription service that will give users early access to exclusive, experimental, and pre-release features — It's currently in “early internal testing” — Snap is doing internal tests of a paid subscription called Snapchat Plus …
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Engadget, The Economic Times, TechCircle, Pocket-lint, Social Media Today, 9to5Mac, and BGR India
| Janko Roettgers / Protocol: |
Roku raises its revenue share for ad-supported streaming channels from 40% to 45% and forces linear channels to use its ad insertion technology and CDN services — In recent weeks, Roku began to send notices to many of its content partners, informing them that it would change a key distribution agreement.| Hannah Lang / Reuters: |
State securities regulators in Alabama, Kentucky, New Jersey, Texas, and Washington are investigating Celsius Network's decision to suspend customer redemptions — State securities regulators in Alabama, Kentucky, New Jersey, Texas and Washington are investigating crypto lender Celsius Network's decision … | Manya Saini / Reuters: |
HomeLight, which offers AI tools for home buyers, sellers, and real estate agents, raised a $115M Series D at a $1.7B valuation, $60M in equity and $55M in debt — HomeLight said on Thursday it had raised $115 million in a late-stage funding round that valued the real-estate home technology platform at $1.7 billion.
| Alex Sherman / CNBC: |
TikTok's global business solutions head says TikTok is an entertainment platform, not a social network like Facebook, and hasn't seen a slowdown in ad revenue — - Facebook is openly copying TikTok, and calling it out as a significant competitor. — But Blake Chandlee …
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Nieman Lab, The Overspill, MobileSyrup, Tubefilter, Gizchina, iPhone in Canada Blog, Android Headlines, KnowTechie, and PhoneArena
Tweets: @mgsiegler, @ernestle, @sherman4949, @jyarow, @corinne_podger, @mattrosoff, and @alexeheath. Thanks:@mattrosoff
| Andy Greenberg / Wired: |
Researchers connect an Indian police agency to hackers who planted evidence in 2018 on the PCs of human rights activists jailed on framed terrorism charges — New details connect police in India to a plot to plant evidence on victims' computers that led to their arrest.
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BYJUS, Hindustan Times, Gizmodo, Scroll.in, The Wire, Amnesty International, and The Citizen Lab
| Manish Singh / TechCrunch: |
India-based FanClash, which lets users pick fantasy esports teams to compete with one another in its mobile app, raised a $40M Series B led by Alpha Wave Global — Millions of Indians each year assemble virtual sports teams, placing their hopes on the players they pick to perform exceedingly well in real-world matches.
More:
The Economic Times and Entrackr
| Wall Street Journal: |
Sources: Klarna is in talks with investors about funding at a ~$15B valuation, down from its $45.6B valuation in June 2021; source: a deal could yield $500M+ — The SoftBank-backed, buy-now-pay-later startup is discussing raising cash at a valuation around $15 billion, down from 2021's near $46 billion valuation| Brody Ford / Bloomberg: |
Boston-based Vendr, which helps companies manage SaaS purchasing, raised a $150M Series B at a $1B valuation led by Craft Ventures and SoftBank Vision Fund 2 — Vendr Inc., a firm that centralizes business software purchasing and management, announced it was valued at $1 billion …
More:
Business Wire, SiliconANGLE, Vendr, and PYMNTS.com
Tweets: @mvolpe, @ycombinator, @aaron_epstein, and @vendrhq
| The Markup: |
Analysis: 33 of the top 100 US hospitals used the Meta Pixel tracker, sending to Facebook data including medical conditions, prescriptions, and appointments — Experts say some hospitals' use of an ad tracking tool may violate a federal law protecting health information
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STAT, Mashable, Newsweek, and The Verge
Tweets: @themarkup, @themarkup, @jonkeegan, @themarkup, @mompedblog, @suesswassersee, @destroyed4com4t, @hannah_recht, @hockeywthhannah, @nabihasyed, @edwardtufte, @profcarroll, @kevinthomasny, @johnarchibald, @amalec, @pt, @sadpoastingusa, @mompedblog, @tarantuladad, @novanthealth, @suryamattu, @zackwhittaker, @fridaghitis, @fridaghitis, @themarkup, @themarkup, @varlogsimon, @themarkup, and @leoniehaimson
| Haje Jan Kamps / TechCrunch: |
London-based Playermaker, whose footwear-mounted trackers monitor the performance of athletes of all skill levels, raised $40M led by Ventura Capital Group — If you're a coach who's ever thought, “Man, I wish there was a footwear-mounted performance tracker for my soccer team,” boy, do I have some excellent news for you.
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Yahoo Finance, SGB Media Online, and FinSMEs
| Cat Zakrzewski / Washington Post: |
The White House launches a task force to examine whether existing federal laws are adequate to address online abuse and recommend changes by the end of 2022 — Group will create recommendations for governments, companies and schools to address the link between online harassment and violence in the wake of mass shootings
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The White House, Politico, CNN, The White House, Associated Press, and Fortune
Tweets: @vp, @nancyscola, @childfund, @cagoldberglaw, @gitlitzmichelle, @milleridriss, @childfund, @rachelnpr, @silviaelenaff, and @cagoldberglaw
| FinSMEs: |
New York City-based Transfr, which provides businesses with VR simulations for on-the-job worker training, raised a $35M Series B led by Lumos Capital Group — Transfr VR, a NYC-based company pioneering the use of virtual reality to simulate on-the-job training, raised $35 million in Series B funding.| Bloomberg: |
Canadian telecom Telus plans to acquire Toronto-based digital health care and wellness services provider LifeWorks for CAD$2.3B, an ~80% premium on its stock — Canadian telecommunications company Telus Corp. said it will acquire digital-health provider LifeWorks Inc. for about C$2.3 billion … | Taylor Hatmaker / TechCrunch: |
Reddit plans to acquire Spell, a platform for running machine learning experiments founded in 2016 by a former Facebook engineer, for an undisclosed amount — Reddit announced Thursday that it would buy Spell, a platform for running machine learning experiments, for an undisclosed amount.
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Adweek and Reddit Upvoted
| Jordan Novet / CNBC: |
Adobe reports Q2 revenue up 14% YoY to $4.39B, vs. $4.34B est., Digital Media revenue up 15% YoY to $3.2B, and Digital Experience revenue up 17% YoY to $1.1B — - Like some other large software companies, Adobe pointed to foreign-exchange rates when it announced its latest forecast.Sponsor Posts
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