Techmeme
July 13, 2020, 3:40 PM

Top News

Sundar Pichai / The Keyword:
Google unveils the Google for India Digitization Fund, through which it will invest ~$10B over the next five to seven years in the country  —  Editor's note: Today at Google for India, Google CEO Sundar Pichai announced a $10 billion Google for India Digitization Fund to help accelerate India's digital economy.
Todd Spangler / Variety:
SiriusXM will buy E.W. Scripps' podcast network and producer unit Stitcher for $325M; Scripps says Stitcher had $72.5M in 2019 revenue  —  According to E.W. Scripps, the $325 million price tag represents a return of more than 100% in its investment in podcasting over the last five years.
Paddy Baker / CoinDesk:
Crypto app Abra and partner company Plutus settle charges from SEC and CFTC for $300K after allegedly facilitating unregistered security-based swap transactions  —  Crypto financial app Abra has settled charges from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission …
Subrat Patnaik / Reuters:
US semiconductor manufacturer Analog Devices says it will buy rival Maxim Integrated for $20B+ in an all-stock deal  —  (Reuters) - U.S. semiconductor maker Analog Devices Inc said on Monday it offered to buy Maxim Integrated Products Inc, an industry peer, for $20.91 billion in an all-stock deal.
New York Times:
As US COVID-19 cases surge, public health officials are battling broken, fragmented data systems, some relying on fax, that are seriously impeding progress  —  Before public health officials can manage the pandemic, they must deal with a broken data system that sends incomplete results in formats they can't easily use.
Issie Lapowsky / Protocol:
Sources detail issues faced by Black and brown tech employees when reporting incidents to HR departments, which often work only to protect company interests  —  Vanessa Williams was coming off of a big professional win in August 2018.  The former marketing staffer on YouTube's music team …
Donie O'Sullivan / CNN:
Both the DNC and RNC have asked campaign staff to refrain from using TikTok on personal devices  —  (CNN)The Democratic and Republican national committees warned their staffs about using the Chinese-owned app TikTok.  —  The Democratic National Committee warned Democratic campaigns …
Gerrit De Vynck / Bloomberg:
Sources, publishers, and advertisers say Google's 2015 decision to add a fourth ad atop Search negatively impacted results, decreasing organic website traffic  —  A push for quicker answers and more ad revenue has made it more expensive for online businesses to reach consumers.

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Yogita Khatri / The Block: