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September 9, 2024, 9:40 AM
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Top News

Ivan Mehta / TechCrunch:
Bending Spoons plans to lay off 75% of WeTransfer staff after acquiring the file-sharing service in July 2024; WeTransfer reportedly has 350+ employees  —  Italy-based app company Bending Spoons, which owns Evernote and Meetup, is planning to lay off 75% of the staff of file transfer service WeTransfer, TechCrunch has learned.
Mark Gurman / Bloomberg:
Sources: Apple will launch Image Playground and Genmoji in iOS 18.2; Sonos cuts its plans to build ~1M units of Ace headphones per year, to ~100K per year  —  Apple's AI features keep getting delayed — and that slow rollout likely means that the iPhone 16 won't see a “super cycle” of orders.
Mary Ann Azevedo / TechCrunch:
Miami-based finally, which offers bookkeeping, accounting, and finance tools for SMBs, raised a $50M Series B from PeakSpan and a $150M credit line  —  finally, an SMB-focused bookkeeping, accounting and finance startup, has raised $50 million in a Series B round of funding and secured …
More: PitchBook
Jack Apollo George / The Guardian:
A writer on working for a tech company, writing pretend responses to hypothetical chatbot questions, to help train AI models and teach chatbots how to write  —  Journalists and other writers are employed to improve the quality of chatbot replies.  The irony of working for an industry …
Wall Street Journal:
Sources: xAI discussed a deal that would give Tesla access to its AI models to help power Full Self-Driving in exchange for a share of Tesla's software revenue  —  Under a proposed arrangement, the startup would give Tesla access to its AI technology in exchange for a slice of the carmaker's software revenue
Ryan Browne / CNBC:
Skype co-founder Niklas Zennström's Atomico raised $1.24B, including a $754M growth-stage fund and a $485M early stage fund  —  LONDON — Atomico, an early investor in top European technology firms from Stripe to Klarna, announced Monday the launch of two new funds worth $1.24 billion …
Taro Fuse / Bloomberg:
Sources: Japanese chip startup Rapidus seeks to raise ~$696M from existing and new investors by issuing new shares to finance its chip development efforts  —  - Government-funded startup is approaching Mizuho, SMBC and DBJ  — Rapidus part of Japan's campaign to regain leadership in chips
Washington Post:
The DOJ's case against Google's ad business may benefit major news organizations that pay Google to broker their website ads and have faced financial struggles  —  Federal prosecutors are seeking a divestment of Google's multibillion-dollar online advertising business, saying its monopoly power harms advertisers and publishers.
Julie Jargon / Wall Street Journal:
Parents concerned about students' screen time in school are opting their children out of classroom tech, after working to ban smartphones in the classroom  —  After working to ban phones in the classroom, parents are now seeking a return to pencil and paper

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This is a Techmeme archive page. It shows how the site appeared at 9:40 AM ET, September 9, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

Ashley Carman / Bloomberg:
A growing number of podcasters, including Tim Ferriss, are moving away from interviews to monologues or co-hosts, as some well-known guests can be overexposed

Matthew Keys / The Desk:
DirecTV terminates its Dish acquisition after a group of Dish creditors rejected a modified bond exchange offer

More News

Austin Carr / Bloomberg:
A profile of Texas-based Tyler Tech, which has become a dominant US local government software provider, despite a history of software flaws and release delays
Mike Masnick / Techdirt:
A look at the 2nd Circuit's incredibly damaging ruling favoring publishers in a copyright dispute over The Internet Archive's ebook lending program

Earlier Picks

Anthony Cuthbertson / The Independent:
CelesTrak: SpaceX controls 62%+ of all active satellites in orbit, ~10x more than closest rival OneWeb, after launching its 7,000th Starlink satellite on Sep. 5
Anthony Ha / TechCrunch:
Bluesky says it had over 9M users as of September 6, after adding 3M new users in the week or so since Brazil blocked X, and that video support is “coming soon”
Anthony Ha / TechCrunch:
Payroll startup Warp, part of YC's W23 batch, disavows a racist post from an affiliate X account, amid claims its affiliates on X are posting “engagement bait”
New York Times:
Analysis of 3.2M+ Telegram messages from 16K+ channels shows how the app is inundated with criminal activity, CSAM, drug dealers, white nationalists, and more
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