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July 12, 2022, 1:10 PM
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| Wired: |
Twitter employees say it's a “shit show internally”, exasperated by weak leadership and lack of support amid targeted harassment from outside the company — Days after the deal to buy Twitter fell apart, fed-up employees say they are being kept in the dark.
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New York Times, Newslit Daily, Observer, CNBC, The Block, Financial Times, Barron's Online, RTÉ, iPhone in Canada Blog, Benzinga, Insider, TechSpot, Dexerto, and Politico. Tweets: @alfonslopeztena. Thanks:@stokel
| Kurt Wagner / Bloomberg: |
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SEC.gov, The Verge, Ars Technica, TechCrunch, Neowin, Silicon Republic, Wall Street Journal, CNN, Benzinga, Engadget, TheStreet, Variety, Quartz, Adweek, and SiliconANGLE
Tweets: @natesilver538, @elonmusk, @pt, @danprimack, @kurtwagner8, and @scottnover
| Jeremy Hill / Bloomberg: |
Liquidators say they can't find Three Arrows Capital founders Kyle Davies and Zhu Su, and seek to subpoena them to prevent the dissipation of the fund's assets — The founders of bankrupt crypto hedge fund Three Arrows Capital haven't been cooperating in the firm's liquidation process …
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Reuters, CNBC, Decrypt, CoinDesk, Reuters, CoinDesk, Blockworks, CoinQuora, Crowdfund Insider, crypto.news, The Block, Crypto Briefing, Ethereum World News, Crypto Daily, Protos, The Verge, Tech in Asia, CryptoPotato, Web3 is going just great, and Cryptonews
Tweets: @zhusu, @coindesk, @ipodave, @ideagov, @silvermanjacob, @justinaknope, @priapusiq, @jason, @thomastthai, and @bitfinexed
| Jamie Crawley / CoinDesk: |
Animoca Brands says it has completed a $75.32M raise, which was the second tranche of its January raise, pushing its valuation from $5.5B up to $5.9B — The infusion is the second tranche of January's funding round, which nabbed almost $360 million and valued the investment company at $5.5 billion.
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The Block, animocabrands, VentureBeat, Reuters, Crypto Daily, and Crypto Briefing. Tweets: @animocabrands
| J. Clara Chan / The Hollywood Reporter: |
Spotify buys Heardle, a music trivia game inspired by Wordle, describing it as a “tool for musical discovery” and with plans to keep it as a standalone site — The game, which challenges users to identify a song based on short audio clips, will remain free to play for users.
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Spotify, The Verge, TechCrunch, Engadget, Game Developer, Axios, 9to5Mac, Android Police, Android Central, Dexerto, Mashable, CNBC, Deadline, and Variety
Tweets: @om, @mrdiscopop, @jake_k, @brianstelter, @loudmouthjulia, @martinsfp, and @kerrymflynn
| 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
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The Hill, The Guardian, Bloomberg, Reuters, The Independent, Washington Post, Rolling Stone, Fortune, and Forbes
| Sylvia Varnham O'Regan / The Information: |
In an internal post, Meta Vice President of Remote Presence and Engineering Maher Saba instructed managers to identify and “move to exit” poor performers — Meta Platforms' Vice President of Remote Presence and Engineering Maher Saba has instructed managers to identify and …
| Michael Kan / PCMag: |
The FTC says it will crack down on tech companies' illegal use and sharing of highly sensitive data and false claims about data-anonymization — ‘Companies that make false claims about anonymization can expect to hear from the FTC.’ … Lots of websites and apps like to claim your data is …
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Federal Trade Commission, CNN, The Verge, Engadget, and SiliconANGLE
Tweets: @wendyndavis, @karlbode, @tonyajoriley, @eric_seufert, @ambaonadventure, @loupas, @swiftstories, @viacristiano, @ftc, and @edmpirg
| Yogita Khatri / The Block: |
Multicoin Capital announces its third fund, which closed in January and is worth $430M; cofounders Kyle Samani and Tushar Jain are the fund's largest LPs — - Multicoin Capital has announced its third fund worth $430 million, which closed in January. — Co-founders Kyle Samani … | Annie Palmer / CNBC: |
Filing: Amazon is developing “personalized” cancer vaccines in partnership with the Fred Hutchinson Cancer Center and is part of an FDA-approved clinical trial — - Amazon is working with the Fred Hutchinson Cancer Center to develop cancer vaccines, according to a filing.| Natasha Lomas / TechCrunch: |
After scrutiny, TikTok will pause a privacy update in Europe, due for July 13, whereby it would stop asking users for consent to be tracked to receive ads — TikTok has agreed to pause a controversial privacy policy update in Europe, which had been due to happen tomorrow …
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Cybernews.com, Silicon Republic, and The Hacker News
Tweets: @zamaan_qureshi and @carnage4life
| Melissa Heikkilä / MIT Technology Review: |
BigScience, an effort by 1K+ researchers and NLP startup Hugging Face, releases BLOOM, an open-access multilingual large language model bigger than GPT-3 — A group of over 1,000 AI researchers has created a multilingual large language model bigger than GPT-3—and they're giving it out for free.| Kyle Wiggers / TechCrunch: |
OpenAI rival AI21 Labs raised a $64M Series B valuing the company at $664M, as the Tel Aviv-based startup expands services on top of its large language models — The enterprise is bullish on AI systems that can understand and generate text, known as language models.
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VentureBeat, FinSMEs, Geektime, SiliconANGLE, ZDNet, and Globes Online
| Lulu Yilun Chen / Bloomberg: |
Sources: China decided to rein in Tencent after two scandals, including a secret WeChat project to use data to predict new Politburo standing committee members — Imagine for a second life before smartphones. Simple tasks—ordering takeout, staying in touch—become frustratingly difficult, never mind dealing with emergencies.
Tweets: @luluyilun, @sandyhendry, @hancocktom, @shiraovide, and @pingroma
| Arjun Kharpal / CNBC: |
XPeng Robotics, an affiliate of Chinese electric carmaker XPeng, raised $100M led by IDG, as it aims to commercialize household robotics in the next two years — - Xpeng Robotics on Tuesday said it raised $100 million as the affiliate company of Chinese electric carmaker Xpeng aims …
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Business Wire, South China Morning Post, Electrek, Benzinga, and Tech News
| Paul Sawers / TechCrunch: |
Wefox, a Berlin-based digital insurer focused on personal insurance products, raised a $400M Series D at a post-money valuation of $4.5B, up from $3B in 2021 — European insurance tech startup Wefox has raised $400 million in a series D round of funding, giving the German company a post-money valuation of $4.5 billion.
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Silicon Republic, FinSMEs, Finextra, Bloomberg, Insider, Tech.eu, AltFi, and EU-Startups. Tweets: @julian_teicke
| Shaurya Malwa / CoinDesk: |
Solana-based STEPN reports $122.5M in Q2 profits, after earning $26M in Q1; 5% of the profits will go toward a buyback and burn program of its native GMT token — The team will use 5% of the profits to initiate a buyback and burn program of its native GMT tokens.
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STEPN Official
| Kyle Wiggers / TechCrunch: |
Tecton, which helps enterprises deploy real-time ML models faster with less data engineering effort, raised a $100M Series C led by Kleiner Perkins — Machine learning can provide companies with a competitive advantage by using the data they're collecting — for example, purchasing patterns … | Joe Schneider / Bloomberg: |
Google countersues Match, accusing it of bad faith dealings and breach of contract, after Match sued Google in May over alleged monopolistic billing policies — Google has sued Match Group Inc., accusing the dating-app service of bad faith dealings and breach of contract in provoking a legal battle over Google Play policies.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.
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.
Zoho:
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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