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August 15, 2022, 10:50 AM
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Mediagazer
memeorandum
WeSmirchTop News
| 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, San Francisco Business Journal, The Verge, and The Economic Times
Tweets: @tier10k, @hassankhan, @buccocapital, @a16z, @pmarca, @ericnewcomer, @damedoteth, @katienotopoulos, @chafkin, @mdudas, @quantian1, @mollywood, @eliotwb, @eliotwb, @tomgara, @coloradotravis, @marypcbuk, @tonyfratto, @alexrkonrad, @econ_marshall, @conorsen, @robinwigg, @eliotwb, @tylerlinklevoss, @riddle245, @pitdesi, @arpitrage, @nycsouthpaw, @gunjanjs, @buccocapital, @jordanzakarin, @thomasborgers, @mylesudland, @mayazi, @ivanthek, @ldrogen, @mylesudland, and @thestalwart
| 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:
ZDNet, XDA Developers, MacRumors, CNBC, Financial Times, BGR, 9to5Mac, Slashdot, iPhone in Canada Blog, Forbes, The Verge, Macworld, Pocket-lint, Digital Trends, Android Authority, iPhone Hacks, SlashGear, Appuals.com, Philip Elmer‑DeWitt, AppleInsider, and Philip Elmer‑DeWitt
| 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:
Silicon Valley Business …, Blockworks, Decrypt, TechCrunch, CoinDesk, Barron's Online, Cointelegraph, Bloomberg, Coinspeaker, MarketWatch, and CryptoPotato
Tweets: @lopp and @arrington
| 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:
Rock, Paper, Shotgun and Slashdot
Tweets: @andrewcouts, @dcuthbert, @banditelli, @datnofact, @sickcodes, @lukolejnik, and @bnox
| 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: |
More:
CSO. Tweets: @nytimes, @julianku, @fryan, @pkafka, @riegerreport, @danharris, @profcarroll, and @amanbatheja
| 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, Eurogamer.net, PCMag, KnowTechie, iPhone in Canada Blog, GameSpot, Pure Xbox, Gizchina, Gameranx, Stevivor, Game Rant, TrueAchievements, GamingBolt, Thurrott, Appuals.com, and TheGamer
Tweets: @tomwarren, @toadsanime, @nextgenplayer, and @gossithedog
| Margaret O'Mara / MIT Technology Review: |
An in-depth look at Silicon Valley's historical corporate culture, how straight white men benefitted, and efforts by women and minorities to push for change — A new generation of tech activists, organizers, and whistleblowers, most of whom are female, non-white, gender-diverse, or queer, may finally bring change.
Tweets: @patrickmcgee_, @adrianafreitas, @amydiehl, @margaretomara, @aarieff, @sub8u, @aarieff, @girlswhocode, @rcourt, and @charlottejee
| Todd Spangler / Variety: |
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, Reuters, Adweek, and Snap Newsroom
| 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 — Gaming software maker Unity Software Inc (U.N) on Monday rejected AppLovin Corp's (APP.O) $17.54 billion takeover offer and said it would go ahead …
| 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) … | 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.
Tweets: @daveyalba, @daveyalba, @jackgillum, @parmy, @parmy, @parmy, @davidjoachim, @wexler, and @annmarie
| 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 dollars — Everyone trusted the two guys at Three Arrows Capital. They knew what they were doing — right? — The boat was a beauty of a thing …
Tweets: @0xtuba, @timccopeland, @jenwieczner, @timccopeland, @gabrielhaines, @timccopeland, @timccopeland, @lil_smush, @jenwieczner, @tier10k, and @joonian
Sponsor Posts
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Big Technology Podcast:
Meta & Microsoft's Claude Slowdown, His Agent Leaked His Banking Info, Don't Bully Your AI
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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:
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A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Channels with Peter Kafka:
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Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
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