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September 23, 2019, 2:05 AM
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| Wall Street Journal: |
Sources: several WeWork directors, including SoftBank members, plan to push for Adam Neumann to step down as CEO — SoftBank officials are among those expected to push for Neumann ouster — A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive …
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CNBC, New York Times, The Information, Fast Company, Bloomberg, SiliconANGLE, CNN, Financial Times, Telegraph, PYMNTS.com, Business Insider, TechCrunch, and Seeking Alpha
Tweets: @eliotwb, @sherman4949, @inafried, @wallstcynic, @lizrhoffman, @zebulgar, @tomgara, @om, @alialsalim, @andrewrsorkin, @aexm, @andrewrsorkin, @djtgallagher, @wolfejosh, @sruhle, @dnvolz, @lizrhoffman, @jason, @sherman4949, @sameer_singh17, @seldo, @coryweinberg, @mattrosoff, @damiangarde, @aaronklein, @scottmaustin, and @danprimack. Thanks:@varun_mathur
| Josh Constine / TechCrunch: |
A look at Peloton, which may raise $1.2B in this week's IPO and sells $2.3K iPad-equipped stationary bikes and $40/mo. cycling video subscriptions to 510K+ subs — 13 reasons this bike has a cult — It makes lazy people like me work out. That's the genius of the Peloton bicycle.
Tweets: @austen, @joshconstine, @joshconstine, @joshconstine, @joshconstine, @joshconstine, @joshconstine, @joshconstine, and @joshconstine
| Chris Welch / The Verge: |
TiVo confirms it is planning to place pre-roll video ads before DVR recordings for all customers, even those with a lifetime subscription plan — Rolling out to TiVo's current devices over the next 90 days — So much for it being an early, experimental test.
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Light Reading, The Overspill, CNN, SlashGear, Mashable, Gizmodo, Engadget, Zatz Not Funny!, and Android Headlines
| Reuters: |
Der Spiegel: US dollar could make up 50% of the basket of currencies backing Libra, followed by 18% of euro, 14% yen, 11% British pound, and 7% Singapore dollar — BERLIN (Reuters) - The U.S. dollar will make up 50% of the basket of currencies backing Facebook's planned digital coin Libra … | James V. Grimaldi / Wall Street Journal: |
Sources: anti-Amazon “grass roots” non-profit FFMI, which actively lobbies and influences media op-eds, is funded by Walmart, Oracle, other Amazon competitors — Walmart, Oracle and mall owner Simon Property Group are secret funders behind a nonprofit that has been highly critical of the e-commerce giant
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Forbes, PYMNTS.com, and Ars Technica
Tweets: @jaycarney, @wsj, @hypervisible, @alecstapp, @jbenton, @jeffsmithmo, @werner, @jaycarney, @karlbode, @quinnypig, and @jan_eeckhout
| Ingrid Lunden / TechCrunch: |
Facebook acquires Servicefriend, a startup that builds customer service AI chatbots for messaging apps; founders now work for Facebook's Calibra, per LinkedIn — As Facebook prepares to launch its new cryptocurrency Libra in 2020, it's putting the pieces in place to help it run.
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The Block, Crowdfund Insider, PYMNTS.com, SiliconANGLE, Tehrani.com, and Cointelegraph. Tweets: @ourielohayon
| Todd Martens / Los Angeles Times: |
Apple Arcade may break the iOS game industry's risk-averse focus on in-app purchases, promoting games with higher quality than free-to-play games — The iPhone and its App Store changed gaming. And not always for the better. — Yet now with Apple Arcade, a game subscription service launching this week … | Steven Zeitchik / Washington Post: |
Streaming services are gambling big on old shows, like AT&T's $1B for Big Bang Theory and Netflix's $500M for Seinfeld, with no way to know their actual worth — The numbers are enough to make you think it's 1995 and George is first getting mad at Jerry for breaking their pact.
Tweets: @mrinaldesai, @carnage4life, and @bluff_capital
| Emily Stewart / Vox: |
Polling of US adults shows that most, across party lines, support breaking up Big Tech, such as reversing Facebook's Instagram purchase, to improve competition — One hundred cardboard cutouts of Facebook founder and CEO Mark Zuckerberg stand outside the US Capitol in Washington, DC …
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AVC, Morning Consult, Wall Street Journal, and Des Moines Register
Tweets: @recode, @gavinsbaker, @dhh, @johnwilson, @catface_joe, and @matthewstoller
| Connie Loizos / TechCrunch: |
Legalist, which funds lawsuits for a cut of settlements based on algorithmically calculated chances of winning, raises a $100M legal fund, ~10x its first one — If you haven't heard much about litigation finance, that may change soon. The practice dates back decades … | Samson Amore / Los Angeles Business Journal: |
Rental property platform AvantStay, which owns and runs 150 high-end properties and focuses on group travel, raises $20M Series A led by 3L Capital — West Hollywood-based hospitality technology startup AvantStay Inc. announced a $20 million Series A financing round led by 3L Capital, a venture capital investor based in Westwood.
More:
Short Term Rentals, FinSMEs, and PhocusWire
| Joanna Glasner / Crunchbase News: |
The number of $5M+ seed rounds in the US has risen steadily, from 45 in 2014 to 180 in 2018, but the trend may be cooling off, with 110 such rounds in 2019 YTD — Here at Crunchbase News, we've devoted a lot of coverage to the rise of supergiant rounds — our term for startup investments of $100 million and up.Sponsor Posts
Meta:
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
Highlights of 2024: Zoho Connect's journey to better workplaces — As we look back on 2024, it's clear that this has been a year of incredible transformation for Zoho Connect. Our mission?
Highlights of 2024: Zoho Connect's journey to better workplaces — As we look back on 2024, it's clear that this has been a year of incredible transformation for Zoho Connect. Our mission?
Genesys:
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.Who's Hiring In Tech?
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