Techmeme
July 3, 2020, 11:30 AM

Top News

Jason Koebler / VICE:
Angry over critical coverage, tech figures discuss hitting back against journalists, on Twitter and invite-only Clubhouse, leading to harassment of NYT's Lorenz  —  In leaked audio from an invite-only app, venture capitalists pondered everything they think is wrong with journalism.
Reuters:
European advertising associations criticize Apple's plans to require apps to seek additional permission before tracking users across other apps and websites  —  (Reuters) - A group of European digital advertising associations on Friday criticized Apple Inc's (AAPL.O) plans to require apps …
Manish Singh / TechCrunch:
India's Reliance Jio launches JioMeet, a Zoom-like video-conference service, offering unlimited free calls in 720p with up to 100 participants and no time limit  —  India's Reliance Jio Platforms, which recently concluded a $15.2 billion fundraise run, is ready to enter a new business: Video conferencing.
Chaim Gartenberg / The Verge:
Streaming TV services' inability to negotiate their way out of the bundle system that has dominated regular cable for years is resulting in higher prices  —  YouTube TV's price hike is part of a larger problem  —  YouTube TV announced yesterday that it'd be raising its prices by 30 percent to $65 per month.
Jack Shafer / Politico:
Companies have little to lose from joining a Facebook boycott during a slow month for ads amid a pandemic; they'll be back, and Facebook will emerge stronger  —  Every day, it seems, another major corporation joins the advertiser boycott against Facebook.  First came The North Face, REI and Patagonia.
Alex Heath / The Information:
Sean Hollister / The Verge:
Microsoft is using ransomware-like tactics to force-feed its new Chromium Edge browser to users through an automatic Windows update  —  It undermines Microsoft's own argument that automatic updates are critical  —  If I told you that my entire computer screen just got taken over by a new app …
Wallace Witkowski / MarketWatch:
Lemonade, an AI-driven insurance service, closes up 140% in its NYSE debut, reaching a $3.93B market cap, more than double its 2019 valuation from Softbank  —  Referenced Symbols  —  As the world is buffeted by digital and societal revolutions, Lemonade Inc. is hoping to leverage …
Manish Singh / TechCrunch:
Intel Capital to invest $253.5M in Jio Platforms for a 0.39% stake, giving the Indian firm a valuation of $65B  —  Intel said on Friday it will invest $253.5 million in Jio Platforms, joining a roster of high-profile investors including Facebook and Silver Lake that have backed India's top telecom operator …
Dan Primack / Axios:
Instacart raises $100M in new funding from T. Rowe Price, on top of the $225M round co-led by DST Global and General Catalyst last month  —  Grocery delivery company Instacart has raised $100 million in new funding, on top of the $225 million it announced l ast month, the company tells Axios.

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Earlier Picks

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