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August 15, 2022, 9:20 AM
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| Lucy Harley-McKeown / The Block: |
Galaxy Digital terminates its $1.2B acquisition of crypto custodian BitGo, announced in May 2021, after the service failed to provide audited statements — - Galaxy Digital announced on Monday that it would terminate its deal with crypto custodian BitGo, which had been announced in May 2021.
Source:
Canada NewsWire Group. More:
TechCrunch, CoinDesk, Bloomberg, MarketWatch, and CryptoPotato. Tweets: @arrington
| Mark Gurman / Bloomberg: |
Sources: Apple ads team lead Todd Teresi now reports directly to Eddy Cue and wants to increase the group's ad revenues from $4B per year to double digits — Apple is set to expand ads to new areas of your iPhone and iPad in search of its next big revenue driver.
More:
XDA Developers, MacRumors, 9to5Mac, Forbes, Slashdot, Macworld, Financial Times, The Verge, iPhone Hacks, Android Authority, Appuals.com, SlashGear, Philip Elmer‑DeWitt, Pocket-lint, Digital Trends, AppleInsider, and Philip Elmer‑DeWitt
| Tiffany Hsu / New York Times: |
Ahead of the US midterms, a look at TikTok's ongoing struggles to contain misinformation during elections, such as in Australia, France, and Kenya this year — The fast-growing platform's poor track record during recent voting abroad does not bode well for elections in the U.S., researchers said.
More:
Mozilla Foundation. Tweets: @nytimes, @will_doran, @vmramos, @guingonabart, @terri_rupar, @lolnevertweet, @mattyglesias, and @carnage4life
| David McCabe / New York Times: |
A look at the growing bipartisan scrutiny of TikTok in the US; email: House officials told staff they did not recommend using the app, citing security concerns — National security concerns over the Chinese-owned viral video app remain unresolved. Lawmakers and regulators are increasingly pushing for action.
More:
CSO. Tweets: @nytimes, @julianku, @riegerreport, @amanbatheja, @fryan, @danharris, @pkafka, and @profcarroll
| New York Times: |
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check — WeWork's founder is back with a billion-dollar venture. — WeWork's founder is going residential
More:
Andreessen Horowitz. Tweets: @tier10k, @tomgara, @marypcbuk, @econ_marshall, @conorsen, @robinwigg, @eliotwb, @riddle245, @pitdesi, @arpitrage, @nycsouthpaw, @gunjanjs, @buccocapital, @buccocapital, @jordanzakarin, @thomasborgers, @a16z, @mylesudland, @mayazi, @mdudas, @ivanthek, @ldrogen, @mylesudland, and @thestalwart
| Lily Hay Newman / Wired: |
A “jailbreak” for John Deere tractors, helping farmers modify and repair them, highlights issues with securing farm equipment and the right-to-repair debate — A hacker has formulated an exploit that provides root access to two popular models of the company's farm equipment.
More:
Metacurity and Slashdot
Tweets: @dcuthbert, @banditelli, @datnofact, @bnox, @sickcodes, @lukolejnik, and @andrewcouts
| Bobby Kent / GameLuster: |
Court docs in Brazil show Microsoft sold approximately 58.5M Xbox One units in total, or half of the PS4's 117.2M sales; Microsoft has long hidden sales figures — A high-profile case is ongoing in Brazil, as Microsoft attempts to defend its Activision Blizzard acquisition from CADE, the Brazilian competition authority.
More:
The Verge, PCMag, Eurogamer.net, Pure Xbox, Gizchina, TrueAchievements, Gameranx, GameSpot, Stevivor, Game Rant, GamingBolt, Thurrott, Appuals.com, and TheGamer
Tweets: @toadsanime, @tomwarren, @nextgenplayer, and @gossithedog
| Paresh Dave / Reuters: |
Around two years ago, Apple updated its employee conduct policy to prohibit discrimination on the basis of caste, making it a leader on the issue alongside IBM — America's tech giants are taking a modern-day crash course in India's ancient caste system, with Apple (AAPL.O) … | Alex Webb / Bloomberg: |
Meta focusing on Europe makes sense for three reasons: raising ARPU in the region to US levels, facing off regulatory headwinds, and attracting cheaper talent — A sizable chunk of the executive team at Meta Platforms Inc.—Facebook, to you and me—is decamping to London.| Bloomberg: |
Analysis: Google Maps in the US regularly misleads people looking for abortion providers, instead pointing them towards non-medical crisis pregnancy centers — Chey was a 19-year-old college sophomore living near Orlando, Florida, when she discovered she was pregnant and decided to have an abortion.
Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem — To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem — To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architectureSponsor Post
| Todd Spangler / Variety:NEW |
Snap says its Snapchat+ subscription, launched in June, now has 1M+ users globally and adds features, including priority Story replies to celebs — It's not going to make much of a dent to offset Snap's stalling ad business, but the company is touting that it has signed up more than 1 million subscribers …
More:
TechCrunch, Adweek, and Snap Newsroom
| Christine Hall / TechCrunch:NEW |
Gorgias, which offers AI-powered customer service tools for e-commerce, raised a $30M Series C at a $710M valuation led by Transpose Platform and Shopify — Gorgias, developing customer service tools for e-commerce companies, raised $30 million in new Series C capital in a round that boosted its valuation to $710 million.
More:
FinSMEs and Gorgias Blog
| Reuters: |
Unity Software rejects AppLovin's $17.54B all-stock takeover offer, saying it would proceed with its deal to acquire ironSource for $4.4B in stock — Unity Software Inc (U.N) on Monday rejected gaming software company AppLovin Corp's (APP.O) $17.54 billion takeover offer and said it would go ahead …
More:
GamesIndustry.biz, Game Developer, and Bloomberg
Sponsor Posts
Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem — To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem — To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Zoho:
Dataholics: The solution to bad data in CRM systems — This is a guest post by Dataholics. Bad data in a CRM system can cause all sorts of problems for businesses, from decreased efficiency to lost sales opportunities.
Dataholics: The solution to bad data in CRM systems — This is a guest post by Dataholics. Bad data in a CRM system can cause all sorts of problems for businesses, from decreased efficiency to lost sales opportunities.
MicroAcquire:
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Techmeme Leaderboards:
Find the top reporters on AI, NFTs, VR, AR, VC and much more — We've analyzed Techmeme's news crawl data to identify the most influential writers on 46 topics. Download reports immediately for just $100. No sub needed!
Find the top reporters on AI, NFTs, VR, AR, VC and much more — We've analyzed Techmeme's news crawl data to identify the most influential writers on 46 topics. Download reports immediately for just $100. No sub needed!Who's Hiring In Tech?
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Christine Hall / TechCrunch:
Gorgias, which offers AI-powered customer service tools for e-commerce, raised a $30M Series C at a $710M valuation led by Transpose Platform and ShopifyFind
New
Todd Spangler / Variety:
Snap says its Snapchat+ subscription, launched in June, now has 1M+ users globally and adds features, including priority Story replies to celebsFind
5 minutes ago
Jen Wieczner / New York Magazine:
An in-depth look at the fall of Three Arrows Capital, led by Su Zhu and Kyle Davies, which built a solid reputation only to vaporize billions of dollarsFind
25 minutes ago
Reuters:
Unity Software rejects AppLovin's $17.54B all-stock takeover offer, saying it would proceed with its deal to acquire ironSource for $4.4B in stockFind
40 minutes ago
New York Times:
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual checkFind
60 minutes ago
Alex Webb / Bloomberg:
Meta focusing on Europe makes sense for three reasons: raising ARPU in the region to US levels, facing off regulatory headwinds, and attracting cheaper talentFind
1½ hours ago
Lily Hay Newman / Wired:
A “jailbreak” for John Deere tractors, helping farmers modify and repair them, highlights issues with securing farm equipment and the right-to-repair debateFind
2 hours ago
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Jeremy W. Peters / New York Times:
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| Jen Wieczner / New York Magazine: |
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| Emma Roth / The Verge: |
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Uber Help. More:
Silicon Republic, Waivly, Engadget, TechCrunch, PCMag, The Points Guy, CNET, and AppleInsider
Tweets: @jason, @hunterwalk, @dtemkin, and @carnage4life