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July 13, 2022, 7:25 AM
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| New York Times: |
Twitter sues Elon Musk, in Delaware's Court of Chancery, to force him to complete his $44B acquisition of the company, as he “refuses to honor his obligations” — The question of whether Elon Musk must buy Twitter, as he agreed to do in April, is headed to a court in Delaware.
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Chancery of the State of Delaware, Reuters, Washington Post, BBC, The Verge, CNBC, MacRumors, Bloomberg, Silicon Republic, Chancery of the State of Delaware, Coinspeaker, Australian Financial Review, The Economic Times, TechCrunch, Bitcoin News, Bloomberg, San Francisco Business Journal, Engadget, The Hill, PCMag, Politico, MobileSyrup, Bloomberg, and Financial Times
Tweets: @btaylor, @rmac18, @kateconger, @caseynewton, @matt_levine, @danprimack, @kylesgibson, @davidlat, @mikeisaac, @dkthomp, @mmasnick, @sifill_, @silvermanjacob, @alexeheath, @sarahfrier, @sarafischer, @thedextriarchy, @mikeisaac, @sarahfrier, @bobbyallyn, @danahull, @lex_node, @davidlaz, @michaeldweiss, @taylorlorenz, @kantrowitz, @plainsite, @akilahobviously, @martinsfp, @armandondk, @pierce, @ephraimgopin, @caseynewton, @reckless, @robdenbleyker, @mshannahmurphy, @africatechie, @pkafka, @danprimack, @moorehn, @kurtwagner8, @sarahfrier, @moorehn, @tedfrank, and @mikeisaac
| 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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Insider, MacRumors, The Economic Times, Fossbytes, WRAL TechWire, Wallpaper*, XDA Developers, Bloomberg, Slashdot, iDownloadBlog.com, Patently Apple, CNET, iPhone in Canada Blog, Daring Fireball, MacDailyNews, MobileSyrup, Thurrott, 9to5Mac, Cult of Mac, Reuters, Channel NewsAsia, and iClarified
Tweets: @harrymccracken, @gvnsmth, @rsgnl, @raywongy, @ajmcgr, @bxchen, @marcoarment, @counternotions, @greengart, @trippmickle, @joannastern, @saradietschy, and @joannastern
| Casey Newton / Platformer: |
A critique of Ev Williams' 10-year tenure at Medium and how it got caught in the middle between Substack and well-funded publishers like BuzzFeed and Vice — How Medium got stuck in the middle. PLUS: Twitter sues Musk — Few tech CEOs can claim to have steered the course of online conversation more than Ev Williams.| Benjamin Mullin / New York Times: |
Medium founder Ev Williams is stepping down as CEO, to be replaced by Coach.me CEO Tony Stubblebine; Williams plans to start a new holding company/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, Coach Tony, TechCrunch, Fast Company, and The Official Medium Blog
Tweets: @ev, @goldman, @lanceulanoff, @caseynewton, @rafat, @joshelman, @iankar_, @kurtwagner8, @anildash, @kerrymflynn, @jeffjarvis, and @mgsiegler
| Shivani Tanna / Reuters: |
Vermont's Department of Financial Regulation joins a multistate investigation into Celsius and says it believes the cryptocurrency lender is “deeply insolvent” — July 12 (Reuters) - Vermont's Department Of Financial Regulation on Tuesday said troubled crypto lender Celsius is …
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Department of Financial …, The Department …, Blockworks, Fortune, CoinQuora, Cryptonews, Ethereum World News, The Crypto Basic, and The Block
Tweets: @inafried, @wublockchain, @minuswells, @aarondbennett, and @californiadfpi
| The Verge: |
Memo: Sundar Pichai told employees that Google will slow hiring in the rest of 2022 and will have to work with “greater urgency, sharper focus, and more hunger” — ‘Greater urgency, sharper focus, and more hunger’ — Google has told employees that it'll be …
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Wall Street Journal, CNBC, Benzinga, Insider, Barron's Online, Bloomberg, City A.M., Gizchina, 9to5Google, TechCircle, SiliconANGLE, International Business Times, MarketWatch, Washington Post, BGR India, The Register, and TechCrunch
Tweets: @carnage4life, @dylanbyers, and @alexeheath
| Dan Goodin / Ars Technica: |
Microsoft says a phishing campaign targeted 10K+ organizations since September 2021 by hijacking Office 365's authentication process even on accounts using MFA — Campaign that steals email has targeted at least 10,000 organizations since October. — On Tuesday, Microsoft detailed …
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Microsoft Security Blog, ZDNet, Silicon Republic, Infosecurity, The Hacker News, Cybernews.com, and CSO
Tweets: @msftsecintel, @sarahhandler, and @campuscodi
| Erron Kelly / VentureBeat: |
Twitter says roughly 1.5B tweets about gaming were made on its site in H1 2022, up 36% YoY; Genshin Impact and Wordle were the most tweeted-about games — Roughly 1.5 billion tweets about gaming were made on Twitter in the first half of 2022. That's ‘billion’ with a ‘b’.
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Twitter, Pocket Gamer.biz, Fossbytes, VG247, and Social Media Today
| Kurt Schlosser / GeekWire: |
The leaders of Amazon, Microsoft, Apple, Meta, Google, and 500+ business, education, and nonprofit companies 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 and The Verge
| 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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Motor1.com, Pocket-lint, Engadget, autoblog.com, The Daily Beast, Carscoops, BMW BLOG, Drive, and The Register
Tweets: @joepompliano, @carnage4life, @reckless, @kurtopsahl, @karlbode, @mytechmusings, @oknox, @kane, @reignofapril, @lisatomic5, @grady_booch, @brettkollmann, @maxnichols, @dougboneparth, @dustingores, @hayatohuseman, @postingwhilegay, @gregnibler, @mayhem4markets, @briannawu, @karlbode, @hacks4pancakes, @jathansadowski, @blackpanthaayt, @internetofshit, @pt, and @lopp
| Adi Robertson / The Verge: |
The Magic Leap 2 mixed reality headset is coming on September 30 with a lighter, smaller design and a wider FoV, starting at $3,299, ~$1K more than Magic Leap 1 — About $1,000 more than the original — The Magic Leap 2 headset is launching on September 30th for a starting price of $3,299.| Kyle Wiggers / TechCrunch: |
Kontent, whose headless CMS powers over 2K websites, apps and e-commerce stores, has raised $40M from Expedition Growth Capital — Kontent, a platform designed to help companies manage business-related content in the cloud, today announced that it raised $40 million from Expedition Growth Capital as part of a growth capital infusion.
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Tech.eu
| Fortune: |
Lightspeed Venture Partners raised $6.6B across three US funds and $500M for an India and Southeast Asia fund, and debuts a team to back blockchain founders — This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
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PitchBook and Moneycontrol
Tweets: @lightspeedvp, @refsrc, @kateclarktweets, @ravi_lsvp, @guruchahal, @wakohler, @mohapatrahemant, and @bsomaia
| Jessica Bursztynsky / CNBC: |
Match Group expands its partnership with Garbo to offer background checks to users on its Match and Stir dating apps, after offering it to Tinder users in March — - Match Group is expanding its partnership with background check service Garbo to roll out the safety feature to two more of its dating apps … | Sarah Perez / TechCrunch: |
SVP Prabhakar Raghavan says Google's studies show younger users often use apps like Instagram and TikTok instead of Google Search or Maps for discovery purposes — The TikTok threat to Google's business isn't just limited to YouTube, as it turns out. Core Google services, including Search and Maps …
Tweets: @anshelsag, @boomerdz, @ohmdee, and @lanreadelowo
| Golan Hazani / CTech: |
Sources: Unity to merge with app monetization service Ironsource, valued at $5B in the merger after going public in 2021 via a SPAC merger at a $11.7B valuation — Both companies have seen their share price plummet this year and have decided to join forces, “Calcalist” … | 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.| Hannah Murphy / Financial Times: |
Sources: Snap is exploring plans to let NFT artists showcase their designs as augmented reality filters on Snapchat; the test will start at the end of August — Social media platform is the latest to dabble in digital assets to attract influencers despite crypto crash
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TechCrunch and Coinspeaker
| 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| Zheping Huang / Bloomberg: |
China approves publishing licenses for 67 more online game titles, its third batch in 2022, but Tencent and NetEase games again failed to make the list — China approved its third batch of new games this year, but Tencent Holdings Ltd. again failed to make the list, which traders watch … | Sarah Perez / TechCrunch: |
TikTok unveils Content Levels, a system to classify content, similar to age ratings in films, and plans to let users block videos with certain words or hashtags — Earlier this year, TikTok said it was developing a new system that would restrict certain types of mature content from being viewed by teen users.| Bloomberg: |
PE firm Madison Dearborn acquires a majority stake in Unison, a software provider to the US government, from Carlyle; sources: the deal values Unison at $1B+ — Madison Dearborn Partners is acquiring a majority stake in software company Unison Software Inc. from fellow private equity firm Carlyle Group Inc.
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Business Wire
| Ivan Levingston / Bloomberg: |
Sources: UK payments company Zepz, formerly WorldRemit, delayed its IPO planned for Q2, 2022 due to issues with accounting and turnover in its senior ranks — UK financial technology startup Zepz, parent of WorldRemit, has struggled with its accounts and turnover in its senior ranks prior … | Zach Armstrong / Atlanta Business Journal: |
Atlanta-based SingleOps, which makes business management software for the green industry, has raised $74M led by FTV Management Company — Business management software company SingleOps has received a $74 million growth equity investment led by San Francisco-based FTV Management Company LP.
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FinSMEs, Landscape Management, and SingleOps
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