Techmeme
September 9, 2024, 11:05 AM

Top News

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.
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 …
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.
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 …
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
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

Sponsor Posts

Clay:
Turn any GTM idea into reality  —  Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Soxton:
AI-powered law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
Zoho:
Introducing Accessibility Controls in Zoho Vault  —  At Zoho Vault, we believe in security for everyone.  Our commitment to accessibility goes beyond compliance; it's about empowerment.
IDrive:
Geometric Grand Unification — Solving the Hubble Tension & Proton Mass  —  Physics solved?  AI verifies model unifying gravity & particles by deriving constants from vacuum geometry.  Identifies void-driven topology.

Featured Podcasts

Invest Like the Best:
Alex Behring and Daniel Schwartz - Inside 3G Capital
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
The Truth Behind Automation Claims in Customer Support | Cresta CEO Ping Wu
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The rise of the professional vibe coder (a new AI-era job) | Lazar Jovanovic (Professional Vibe Coder)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Software In Shambles, OpenAI vs. Anthropic Super Brawl, Amazon's Struggles
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
Elon Musk's Mega-Merger + We Test Google's Project Genie + What's Next for Moltbook Creator
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.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
Special Edition: Key findings from the Microsoft AI Diffusion Report
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.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:05 AM ET, September 9, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Austin Carr / Bloomberg:

Earlier Picks

Anthony Cuthbertson / The Independent:
Wall Street Journal: