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July 12, 2022, 6:40 PM
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| New York Times: |
Twitter sues Elon Musk to force the completion of his acquisition of Twitter in the Chancery Court in Delaware — The question of whether Elon Musk must buy Twitter, as he agreed to do in April, is headed to a court in Delaware. — Give this article- - - Read in app
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Chancery of the State of Delaware, Reuters, Washington Post, CNBC, PCMag, The Guardian, The Verge, MacRumors, CNN, Barron's Online, Bloomberg, BBC, San Francisco Business Journal, The Block, The Hill, Gizmodo, Ars Technica, Associated Press, Insider, TechCrunch, MobileSyrup, Financial Times, ZDNet, Protocol, Music Ally, Fortune, Engadget, Variety, and Deadline
Tweets: @btaylor, @matt_levine, @kateconger, @caseynewton, @moorehn, @pkafka, @kurtwagner8, @danprimack, @dkthomp, @davidlat, @brianstelter, @armandondk, @moorehn, @danahull, @bobbyallyn, @sarahfrier, @sarahfrier, @martinsfp, @caseynewton, @reckless, @sarafischer, @danprimack, @taylorlorenz, @sarahfrier, @chapter11cases, @alexeheath, and @mikeisaac
| Wired: |
Employees say “Twitter is a shit show internally”, fed up by weak leadership and a lack of management 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, Axios, Insider, TechCrunch, CNBC, Newslit Daily, Barron's Online, and Neowin
Tweets: @natesilver538, @arimelber, @alfonslopeztena, @goldman, @ianbetteridge, @danprimack, @pt, @kurtwagner8, and @scottnover. Thanks:@stokel
| Tripp Mickle / New York Times: |
Sources: Apple ends its consulting agreement with Jony Ive that made Apple his firm's primary client and limited Ive from taking on work Apple found competitive — Three years after promising to work “long into the future” with the man behind its candy-colored computers, Apple and Mr. Ive are through.
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MacRumors, 9to5Mac, Reuters, The Verge, and Pixel Envy
Tweets: @marcoarment, @counternotions, @bxchen, @joannastern, and @trippmickle
| James Vincent / The Verge: |
In Germany, South Korea, and other countries, BMW starts selling subscriptions or charging one-time fees to unlock heated seats, engine sound options, and more — The auto industry is racing towards a future full of microtransactions — BMW is now selling subscriptions for heated seats …
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The Drive, Motor1.com, Ars Technica, The Register, Jalopnik, MobileSyrup, Insider, and New York Post
Tweets: @joepompliano, @carnage4life, @reckless, @gregnibler, @kurtopsahl, @karlbode, @oknox, @reignofapril, @lisatomic5, @grady_booch, @wbm312, @brettkollmann, @maxnichols, @frankmcg, @dougboneparth, @dustingores, @hayatohuseman, @postingwhilegay, @briannawu, @hypervisible, @blackpanthaayt, @lopp, and @pt
| 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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CNBC, Reuters, The Daily Hodl, CoinDesk, The Block, CoinDesk, Cointelegraph, Crypto Briefing, Blockworks, CoinQuora, Ethereum World News, crypto.news, Crowdfund Insider, Protos, Crypto Daily, CryptoPotato, Tech in Asia, and Bitcoinist.com
Tweets: @zhusu, @saifedean, @unlockscalendar, @cduhaime, @coindesk, @ipodave, @ideagov, @silvermanjacob, @justinaknope, @priapusiq, @jason, @thomastthai, and @bitfinexed
| Benjamin Mullin / New York Times: |
Medium founder Evan Williams says he is stepping down as CEO, to be replaced by Tony Stubblebine, and plans to start a new holding company and research lab — Mr. Williams, the company's founder and a co-founder of Twitter and Blogger, said in a post that he planned to start a new holding company and research lab.
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Ev Williams, TechCrunch, Engadget, and Fast Company
Tweets: @ev, @goldman, @jeffjarvis, @caseynewton, @rafat, @iankar_, @kurtwagner8, @anildash, @kerrymflynn, and @mgsiegler
| Gareth Vipers / Wall Street Journal: |
Elon Musk, in replies to a Breitbart tweet about Trump calling him a “bullshit artist”, says Trump should “hang up his hat” and DeSantis would easily beat Biden — Former president had mocked the Tesla boss's attempt to take over Twitter
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The Hill, Bloomberg, The Verge, Rolling Stone, Fortune, Reuters, The Guardian, The Independent, Washington Post, and Forbes
Tweets: @elonmusk, @elonmusk, @breitbartnews, @elonmusk, @elonmusk, @elonmusk, @mollyjongfast, @staska, @elonmusk, @markfollman, and @noliewithbtc
| Kurt Schlosser / GeekWire: |
Executives from Amazon, Microsoft, Apple, Meta, Google, and 500+ business, education, and nonprofit leaders urge US states to boost computer science education — More than 500 business, education and nonprofit leaders have teamed with Seattle-based computer education nonprofit Code.org …
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ceosforcs.com, EdSurge, and Bloomberg
Tweets: @codeorg, @learningcode, @khanacademy, @rfs_vista, @jebbush, @susanwojcicki, @bradsmi, @antonioneri_hpe, @tim_cook, and @billgates
| Jamie Crawley / CoinDesk: |
Animoca Brands announces a $75.32M raise at a $5.9B valuation, the second tranche of its $360M round in January 2022 that valued the NFT company at $5.5B — The infusion is the second tranche of January's funding round, which nabbed almost $360 million and valued the investment company at $5.5 billion.
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animocabrands, The Block, Forbes, Bloomberg, The Economic Times, CryptoPotato, Metaverse Post, CoinJournal, Crypto Briefing, and Crypto Daily
Tweets: @serkantoto, @silvermanjacob, and @animocabrands
| J. Clara Chan / The Hollywood Reporter: |
Spotify acquires Heardle, describing the music trivia game inspired by Wordle as a “tool for musical discovery”, and plans to keep it as a standalone site — The game, which challenges users to identify a song based on short audio clips, will remain free to play for users.
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The Verge, Spotify, TechCrunch, Axios, Financial Times, BBC, Destructoid, PC Gamer, Adweek, Gizmodo, Engadget, Android Central, CNBC, Deadline, Mashable, Dexerto, Variety, 9to5Mac, and iPhone in Canada Blog
Tweets: @om, @starfire2258, @mrdiscopop, @kerrymflynn, @brianstelter, @loudmouthjulia, @jake_k, and @martinsfp
| Jon Porter / The Verge: |
Nothing announces its phone (1), starting at £399 with LED strips on the back, two 50MP rear cameras including an ultrawide lens, in 40+ markets but not the US — The startup's debut smartphone is finally here — After weeks of teases, Nothing is finally announcing its debut smartphone …
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CNET, XDA Developers, Candid.Technology, 9to5Google, PetaPixel, and Mashable. Tweets: @tomwarren
| Annie Palmer / CNBC: |
Filing: Amazon and the Fred Hutchinson Cancer Research Center are developing “personalized” cancer vaccines and have launched an FDA-approved clinical trial — - Amazon is working with the Fred Hutchinson Cancer Center to develop cancer vaccines, according to a filing.
More:
Insider, Seattle Business Journal, GeekWire, Fortune, and The Hill
Tweets: @kylebrussell, @ryanjones, @tcpeter, and @rustybrick
| Yogita Khatri / The Block: |
Multicoin Capital announces its third fund, worth $430M and closed in January 2022, with co-founders Kyle Samani and Tushar Jain as its largest limited partners — - Multicoin Capital has announced its third fund worth $430 million, which closed in January.| Michael Kan / PCMag: |
The FTC plans to crack down on tech companies' illegal use and sharing of “location, health, or other sensitive data” and false claims about data anonymization — ‘Companies that make false claims about anonymization can expect to hear from the FTC.’
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Federal Trade Commission, SC Media, Input, WRAL TechWire, take that for data, and The Verge
Tweets: @jshermcyber, @jshermcyber, @linakhanftc, @wendyndavis, @karlbode, @tonyajoriley, @loupas, @ambaonadventure, @eric_seufert, @swiftstories, @viacristiano, @ftc, and @edmpirg
| Adi Robertson / The Verge: |
The Magic Leap 2 mixed reality device will debut on September 30 for $3,299K, ~$1K more than the Magic Leap 1, with a lighter and smaller design and a wider FoV — About $1,000 more than the original — The Magic Leap 2 headset is launching on September 30th for a starting price of $3,299.| Shaurya Malwa / CoinDesk: |
Solana-based STEPN reports $122.5M in Q2 2022 profits, after earning $26M in Q1; STEPN plans to leverage 5% of the profits to buy and burn its native GMT tokens — The team will use 5% of the profits to initiate a buyback and burn program of its native GMT tokens.| Melissa Heikkilä / MIT Technology Review: |
BigScience, an effort by 1K+ AI researchers and NLP startup Hugging Face, releases BLOOM, an open-access multilingual language model bigger than GPT-3, for free — A group of over 1,000 AI researchers has created a multilingual large language model bigger than GPT-3—and they're giving it out for free.
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MarkTechPost, TechCrunch, TNW, SiliconANGLE, and VentureBeat
Tweets: @michellemanafy, @melissahei, and @melissahei
| Todd Spangler / Variety: |
Google says YouTube TV has 5M+ subscribers, including free trial users, making it the US' biggest internet pay TV provider and fifth-largest TV distributor — Google says YouTube TV has surpassed 5 million accounts — making it the U.S.'s biggest internet-based pay TV service.| Peter White / Deadline: |
HBO and HBO Max receive 140 Emmy nominations, while Netflix gets 105, Hulu 58, Apple TV+ 52, Disney+ 34, Amazon 30, and broadcast network TV a new low of 86 — The Emmy nomination battle between HBO and Netflix took a new turn this morning with the Warner Bros. Discovery company soaring past its streaming rival.| Washington Post: |
An unnamed ex-Twitter employee tells the January 6 committee that Twitter went easy on Trump because it “relished” knowing it was his favorite social network — In testimony before the Jan. 6 committee, the unidentified former employee said they'd tried for months 'to raise the reality that … | Manish Singh / TechCrunch: |
Pakistan-based Airlift, which delivers goods in 30 minutes, is shutting down after failing to raise more funding; Airlift raised an $85M Series B in August 2021 — Airlift, Pakistan's top startup, is shutting down, two sources familiar with the matter told TechCrunch, following its inability to raise fresh capital.
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DealStreetAsia and Rest of World
Tweets: @ankurnagpal, @asanwal, @pitdesi, @ulonnaya, @ijbguy, @_jacksmith, @sajithpai, and @aamir_ibrahim01
| Kyle Wiggers / TechCrunch: |
Tel Aviv-based AI21 Labs raised a $64M Series B valuing the company at $664M, as the OpenAI rival builds “AI-as-a-service” tools on top of its language models — The enterprise is bullish on AI systems that can understand and generate text, known as language models.
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VentureBeat, Geektime, FinSMEs, Voicebot.ai, ZDNet, SiliconANGLE, and Globes Online
| Kyle Wiggers / TechCrunch: |
SingleStore, which provides databases for cloud and on-premises apps and analytics, raised a $116M Series F extension at a $1B+ valuation led by Goldman Sachs — SingleStore, a provider of databases for cloud and on-premises apps and analytical systems, today announced that it raised …
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SiliconANGLE, Reuters, and VentureBeat
| 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 …
| Kyle Wiggers / TechCrunch: |
Tecton, which helps companies deploy real-time machine learning models faster with less data engineering effort, raised a $100M Series C led by Kleiner Perkins — Machine learning can provide companies with a competitive advantage by using the data they're collecting — for example …
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