Techmeme
September 9, 2024, 11:35 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 who works for a tech company describes how he helps train AI models how to write, by making up pretend responses to hypothetical chatbot questions  —  Journalists and other writers are employed to improve the quality of chatbot replies.  The irony of working for an industry …
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  —  The SMB-focused bookkeeping, accounting and finance startup Finally 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 at school are trying to opt their kids 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: Tokyo-based 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
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.

Sponsor Posts

Airtable:
The central nervous system of your business  —  Used by 80% of Fortune 100 companies, Airtable combines AI with the scale of an infinitely flexible, no-code system.  With all your data in one place, it's like mission control for your company.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
AI that actually helps: Practical intelligence in Zoho Workplace  —  Lately, most AI assistants feel like that one over-eager intern who interrupts every five minutes with a suggestion you didn't ask for.At Zoho …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Channels with Peter Kafka:
The World's Cup Is Coming to Trump's America, with Roger Bennett
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.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
John Arnold - China, Energy Markets and Fixing America's Systems
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
The Social Radars:
Peter Reinhardt, CEO & co-founder, Charm Industrial; CEO & co-founder, Segment
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Uncapped with Jack Altman:
Garry Tan, Harj Taggar, and Jared Friedman from YC
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Acquired:
Formula 1
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
Subscribe to Acquired.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
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 11:35 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

Earlier Picks

Austin Carr / Bloomberg: