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September 9, 2024, 11:05 AM
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| Ivan Mehta / TechCrunch: |
Bending Spoons plans to lay off 75% of WeTransfer staff after acquiring the file-sharing service in July 2024; WeTransfer reportedly has 350+ employees — Italy-based app company Bending Spoons, which owns Evernote and Meetup, is planning to lay off 75% of the staff of file transfer service WeTransfer, TechCrunch has learned.
More: Reuters, Tech Startups, TechRadar, Silicon Republic, The Verge, and Silicon Canals
| Washington Post: |
The US DOJ's case against Google's ad business may benefit Meta, Amazon, and news organizations that pay Google a cut of revenue for brokering their website ads — Federal prosecutors are seeking a divestment of Google's multibillion-dollar online advertising business, saying its monopoly power harms advertisers and publishers.| Dan Primack / Axios: |
Source: Sequoia Capital completed its $861M purchase of Stripe shares from Sequoia limited partners last week; Stripe didn't receive any proceeds — - It also could become a model for how VC firms deal with long-in-the-tooth portfolio companies. … - Some LPs exited completely … | Jack Apollo George / The Guardian: |
A writer on working for a tech company, by writing pretend responses to hypothetical chatbot questions to help train AI models and teach chatbots how to write — Journalists and other writers are employed to improve the quality of chatbot replies. The irony of working for an industry …
Mastodon: @michellemanafy@journa.host. X: @timkendall_path, @rosenzweigjane, and @martyswant
LinkedIn: Mark Little, Elke Schwarz, PhD, Jason Bissell, and Peter Llewellyn
| Ashley Carman / Bloomberg: |
Audible plans to invite some US-based audiobook narrators to train AI on their voices, cloning them and paying for title recordings via a royalty-sharing model — The audiobook service is inviting some US-based narrators to train artificial intelligence on their voices
More: ACX
| Mark Gurman / Bloomberg: |
Sources: Apple will launch Image Playground and Genmoji as part of iOS 18.2; Sonos cuts its plans to build ~1M Ace headphones units per year to ~100K per year — Apple's AI features keep getting delayed — and that slow rollout likely means that the iPhone 16 won't see a “super cycle” of orders.
More: Android Police, MacRumors, 9to5Mac, Engadget, Wall Street Journal, TechCrunch, 9to5Mac, CNN, iMore, Neowin, WinBuzzer, 9to5Mac, Cryptopolitan, The Shortcut, T3, Fast Company, 9to5Mac, TechRadar, BGR, What Hi-Fi?, Tom's Guide, Trusted Reviews, nextpit, Sammy Fans, MacRumors, Business Standard, Spyglass, Android Headlines, Forbes, Redmond Pie, Lowyat.NET, PhoneArena, KnowTechie, PYMNTS.com, iClarified, Benzinga, iPhone in Canada Blog, Android Authority, AppleInsider, Philip Elmer‑DeWitt, The Verge, Pocket-lint, and Quartz
Threads: @parkerortolani. Mastodon: @viticci@mastodon …, @jsnell@zeppelin.flights, @drewmccormack@mastodon.cloud, @jsnell@zeppelin.flights, and @viticci@mastodon …
X: @markgurman, @markgurman, @markgurman, @markgurman, @majinbuofficial, @markgurman, @markgurman, @nickjsheriff, @markgurman, @benbajarin, @maxwinebach, and @9to5mac
Forums: r/iphone, r/apple, and MacRumors Forums
| George Hammond / Financial Times: |
An interview with Iconiq Capital's Matthew Jacobson on the firm's focus on M&A and secondary markets, investing in startups creating AI “applications”, and more — Investment group that acts as family office of top entrepreneurs bets on M&A and secondary markets
More: Benzinga and PYMNTS.com
| Mary Ann Azevedo / TechCrunch: |
Miami-based finally, which offers bookkeeping, accounting, and finance tools for SMBs, raised a $50M Series B from PeakSpan and secured a $150M credit line — finally, an SMB-focused bookkeeping, accounting and finance startup, has raised $50 million in a Series B round of funding and secured …
More: PitchBook
| Ryan Browne / CNBC: |
Skype co-founder Niklas Zennström's Atomico raised $1.24B for its sixth batch of new funds, including a $754M growth-stage fund and a $485M early-stage fund — LONDON — Atomico, an early investor in top European technology firms from Stripe to Klarna, announced Monday the launch …
More: Bloomberg, Atomico, TechCrunch, EU-Startups, Tech.eu, Tech Startups, Silicon Republic, TNW, Sifted, Tech Funding News, Silicon Canals, and UKTN
| Julie Jargon / Wall Street Journal: |
Parents concerned about students' screen time in school are opting their children out of classroom tech, after working to ban smartphones in the classroom — After working to ban phones in the classroom, parents are now seeking a return to pencil and paper
More: Fox News, Deseret News, Associated Press, and Politico
LinkedIn: Matthew Small and Christopher Denny
| Zach Vallese / CNBC: |
Some creators move from unpredictable algorithm-driven platforms to subscription services; YouTube group The Try Guys launched 2nd Try, a $5/month streamer — The Try Guys, one of YouTube's most established creator groups, have successfully abandoned their reliance on Google's algorithms … | Taro Fuse / Bloomberg: |
Sources: Japanese chip startup Rapidus seeks to raise ~$696M from existing and new investors by issuing new shares to finance its chip development efforts — - Government-funded startup is approaching Mizuho, SMBC and DBJ — Rapidus part of Japan's campaign to regain leadership in chips
More: The Register
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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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