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July 12, 2022, 7:45 AM
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WeSmirchTop News
| 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, Silicon Republic, Gizmodo, Wall Street Journal, Neowin, Variety, TheStreet, CNN, Quartz, Benzinga, and Adweek
Tweets: @elonmusk, @natesilver538, @scottnover, @kurtwagner8, @pt, and @danprimack
| 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, Barron's Online, Financial Times, RTÉ, Observer, iPhone in Canada Blog, Benzinga, Insider, TechSpot, and Dexerto. Thanks:@stokel
| Matt Levine / Bloomberg: |
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PolisPandit. Tweets: @caseynewton, @noupside, @scottlincicome, @sjvn, @opinion, @noupside, @drewpusateri, @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, CoinDesk, CoinDesk, Crypto Daily, CryptoPotato, Tech in Asia, CryptoPotato, Bitcoinist.com, The Verge, Web3 is going just great, and Cryptonews
Tweets: @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: @karlbode, @loupas, @wendyndavis, @eric_seufert, @viacristiano, @ambaonadventure, @ftc, @tonyajoriley, @edmpirg, and @swiftstories
| 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, Engadget, Wall Street Journal, 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.| 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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Fossbytes, BGR India, Ubergizmo, iThinkDifferent, 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, EU-Startups, Insider, and Bloomberg. 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 …
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Silicon Republic
| The Guardian: |
Mark MacGann, who led Uber's lobbying in Europe, the Middle East, and Africa, comes forward as the leaker of 124K+ files, says Uber flouted laws and sold a lie — Exclusive: Mark MacGann says he has decided to speak out about firm to ‘right some fundamental wrongs’| 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: @pingroma, @hancocktom, and @luluyilun
| 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
Subquadratic:
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Zoho:
Labels that build themselves: Simplified Label Automation in Zoho Writer — Anyone who ships every day knows this feeling. Forty orders, each with a different number of items, and every item needs its own label.
Labels that build themselves: Simplified Label Automation in Zoho Writer — Anyone who ships every day knows this feeling. Forty orders, each with a different number of items, and every item needs its own label.
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.
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.
WebBrain:
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.Featured Podcasts
The Upstarts Podcast:
How Ramp Built A $60B AI Product Factory Off A Corporate Card | Co-CEO Eric Glyman
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.
Subscribe to The Upstarts Podcast.
Great Chat:
Would you let a robot do it?
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.
Training Data:
Bringing Continual Learning to Every Company: Trajectory's Ronak Malde
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Big Technology Podcast:
Can AI Keep Going After The Democrats' Big Win? — With Teddy Schleifer
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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Machine Gods:
Crypto's Biggest Heist Ever + The Spy Who Loved Nvidia + Hacktober's Unsolved Mysteries
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
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Channels with Peter Kafka:
Barry Diller on Big Bets, AI, and Knowing When to Walk Away
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.
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| Malcolm Owen / AppleInsider: |