| 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.| Mark Gurman / Bloomberg: |
Sources: Apple will launch Image Playground and Genmoji in iOS 18.2; Sonos cuts its plans to build ~1M units of Ace headphones 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 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 … | Jack Apollo George / The Guardian: |
A writer on working for a tech company, 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 … | 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 … | Wall Street Journal: |
Sources: xAI discussed a deal that would give Tesla access to its AI models to help power Full Self-Driving in exchange for a share of Tesla's software revenue — Under a proposed arrangement, the startup would give Tesla access to its AI technology in exchange for a slice of the carmaker's software revenue| Ryan Browne / CNBC: |
Skype co-founder Niklas Zennström's Atomico raised $1.24B, 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 of two new funds worth $1.24 billion … | 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| Ashley Carman / Bloomberg: |
Audible plans to invite some US-based audiobook narrators to train AI on their voices, to clone the voices for recordings through a royalty-sharing model — The audiobook service is inviting some US-based narrators to train artificial intelligence on their voices| 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| Washington Post: |
The DOJ's case against Google's ad business may benefit major news organizations that pay Google to broker their website ads and have faced financial struggles — Federal prosecutors are seeking a divestment of Google's multibillion-dollar online advertising business, saying its monopoly power harms advertisers and publishers.| 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
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| Joshua Gabert-Doyon / Financial Times: |
| Austin Carr / Bloomberg: |
| Mike Masnick / Techdirt: |
| Anthony Cuthbertson / The Independent: |
| Anthony Ha / TechCrunch: |
| Anthony Ha / TechCrunch: |