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July 12, 2022, 9:20 AM
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| Wired: |
Twitter employees say it's a “shit show internally”, exasperated by weak leadership and lack of support amid targeted harassment from outside the company — Days after the deal to buy Twitter fell apart, fed-up employees say they are being kept in the dark.
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New York Times, CNBC, The Block, Observer, Financial Times, Barron's Online, RTÉ, iPhone in Canada Blog, Benzinga, and Insider. Thanks:@stokel
| Kurt Wagner / Bloomberg: |
SEC filing: Twitter's lawyers call Elon Musk's deal termination “invalid and wrongful” and say Twitter “breached none of its obligations under the agreement” — Twitter Inc.'s lawyers called Elon Musk's termination of his $44 billion buyout agreement “invalid and wrongful” …
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SEC.gov, The Verge, TechCrunch, Gizmodo, Wall Street Journal, Silicon Republic, Neowin, Variety, TheStreet, Benzinga, CNN, and Quartz
Tweets: @elonmusk, @natesilver538, @scottnover, @kurtwagner8, @pt, and @danprimack
| Matt Levine / Bloomberg: |
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New York Times and PolisPandit
Tweets: @caseynewton, @noupside, @sjvn, @noupside, @drewpusateri, @scottlincicome, @opinion, @teddyschleifer, @opinion, @opinion, @opinion, @opinion, @opinion, and @carlquintanilla
| Jeremy Hill / Bloomberg: |
Liquidators say they can't find Three Arrows Capital founders Kyle Davies and Zhu Su, and seek to subpoena them to prevent the dissipation of the fund's assets — The founders of bankrupt crypto hedge fund Three Arrows Capital haven't been cooperating in the firm's liquidation process …
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Reuters, Blockworks, CoinDesk, CoinDesk, The Block, CNBC, Crypto Briefing, Crypto Daily, Ethereum World News, CryptoPotato, CryptoPotato, Tech in Asia, Bitcoinist.com, The Verge, Web3 is going just great, and Cryptonews
Tweets: @zhusu, @coindesk, @ipodave, @thomastthai, @ideagov, @priapusiq, @bitfinexed, and @jason
| Michael Kan / PCMag: |
The FTC says it will crack down on tech companies' illegal use and sharing of highly sensitive data and false claims about data-anonymization — ‘Companies that make false claims about anonymization can expect to hear from the FTC.’ … Lots of websites and apps like to claim your data is …
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Federal Trade Commission, The Verge, SiliconANGLE, and Engadget
Tweets: @wendyndavis, @karlbode, @loupas, @eric_seufert, @viacristiano, @ambaonadventure, @tonyajoriley, @swiftstories, @ftc, and @edmpirg
| Sylvia Varnham O'Regan / The Information: |
In an internal post, Meta Vice President of Remote Presence and Engineering Maher Saba instructed managers to identify and “move to exit” poor performers — Meta Platforms' Vice President of Remote Presence and Engineering Maher Saba has instructed managers to identify and …
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Washington Post, Wall Street Journal, Engadget, and Insider
| Aisha Malik / TechCrunch: |
Twitter rolls out its Unmentioning feature to all users on all devices, letting users remove themselves from conversations that include their Twitter handle — Twitter announced today that it's rolling out its “Unmentioning” feature to all users on all devices.| Arjun Kharpal / CNBC: |
XPeng Robotics, an affiliate of Chinese electric carmaker XPeng, raised $100M led by IDG, as it aims to commercialize household robotics in the next two years — - Xpeng Robotics on Tuesday said it raised $100 million as the affiliate company of Chinese electric carmaker Xpeng aims …
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Business Wire, Benzinga, Tech in Asia, and Coinspeaker
| Juli Clover / MacRumors: |
YouTube begins rolling out picture-in-picture support for all US iOS users, but says that the feature requires a premium subscription to work with music videos — YouTube today announced that it has begun rolling out picture-in-picture support for all iOS users in the United States …
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The Verge, iPhone in Canada Blog, GSMArena.com, Fossbytes, Ubergizmo, and AppleInsider
Tweets: @teamyoutube, @barbietheestar, @aaron_pearce, @appleswupdates, @adequateemily, @dylanmcd8, @willrbishop, and @reneritchie
| Paul Sawers / TechCrunch: |
Wefox, a Berlin-based digital insurer focused on personal insurance products, raised a $400M Series D at a post-money valuation of $4.5B, up from $3B in 2021 — European insurance tech startup Wefox has raised $400 million in a series D round of funding, giving the German company a post-money valuation of $4.5 billion.
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Tech.eu, AltFi, Finextra, Silicon Republic, FinSMEs, Insider, Bloomberg, and EU-Startups. Tweets: @julian_teicke
| Natasha Lomas / TechCrunch: |
After scrutiny, TikTok will pause a privacy update in Europe, due for July 13, whereby it would stop asking users for consent to be tracked to receive ads — TikTok has agreed to pause a controversial privacy policy update in Europe, which had been due to happen tomorrow … | Lulu Yilun Chen / Bloomberg: |
Sources: China decided to rein in Tencent after two scandals, including a secret WeChat project to use data to predict new Politburo standing committee members — Imagine for a second life before smartphones. Simple tasks—ordering takeout, staying in touch—become frustratingly difficult, never mind dealing with emergencies.
Tweets: @sandyhendry, @shiraovide, @hancocktom, @luluyilun, and @pingroma
| Yogita Khatri / The Block: |
Crypto lender Vauld disclosed a ~$70M shortfall, listing $330M in assets and $400M in liabilities, but says the numbers may not be final as audits are ongoing — - Vauld has disclosed a shortfall of $70 million in a letter to creditors. — The firm has also listed multiple other plans if its deal with Nexo doesn't go through.| Aidan Ryan / The Information: |
Sources: Mysten Labs, a blockchain startup founded by ex-Meta crypto executives, is in talks to raise a $200M+ Series B led by FTX Ventures at a $2B valuation — Mysten Labs—a startup founded by former Meta Platforms employees that is building a new blockchain for decentralized applications including gaming … Sponsor Posts
Command Line:
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
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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.
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Big Technology Podcast:
Meta & Microsoft's Claude Slowdown, His Agent Leaked His Banking Info, Don't Bully Your AI
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Sources:
Qualcomm's CEO on the coming AI phone supercycle
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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The Upstarts Podcast:
Bringing Back Mammoths And Building Noah's Ark 2.0 | Colossal's Ben Lamm
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Great Chat:
The launch industrial complex
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
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