Techmeme
July 13, 2022, 6:30 AM

Top News

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.
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.
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.
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 …
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 …
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 …
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 …
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 …
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.
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.
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 …
More: Fossbytes and The Verge
Gareth Vipers / Wall Street Journal:
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
More: TechCrunch
Brody Ford / Bloomberg:
IBM's Red Hat names Matt Hicks, head of products and technologies, as president and CEO, taking over from Paul Cormier, who will serve as chairman  —  IBM's Red Hat named Matt Hicks, head of products and technologies, as its new leader, solidifying a bet that hybrid-cloud offerings will fuel the company's growth.
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.
Manish Singh / TechCrunch:
India's Directorate Of Revenue Intelligence says Oppo's India unit evaded customs duty of $550M, following similar probes into local units of Xiaomi and Vivo  —  India's Directorate Of Revenue Intelligence, part of the country's finance ministry, said on Wednesday phone-maker Oppo's India …

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