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February 25, 2024, 2:00 AM
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| Elizabeth Lopatto / The Verge: |
Many redditors say they are not enthusiastic about Reddit's IPO and expect CEO Steve Huffman to run the site into the ground while trying to make it profitable — There's the mention of r/WallStreetBets. (Five mentions in total, actually.) There's the stockpile it's amassed of Bitcoin and Ethereum.
More: Fast Company, Observer, Mercury News, Silicon Republic, and City A.M.
Threads: @trevorcroker, @barbarosozturk, @aeromunch, and @mike_isaac
Mastodon: @stefan@stefanbohacek.online and @dangillmor@mastodon.social
X: @sdw, @levie, @jonahlupton, @eshear, @eshear, @eshear, @therealdavey2, @eshear, and @carnage4life. Forums: r/technology
| Dave Lee / Bloomberg: |
Reddit's S-1 shows how dependent the site is on the unpaid labor of 60K active daily moderators and the whims of its users and subreddits like r/WallStreetBets — The company's IPO prospectus makes clear how dependent it is on unpaid labor and the whims of its community.
More: Digital Information World, Ars Technica, Wired, Gizmodo, Inc.com, TechCrunch, Tubefilter, Business Insider, Proactive, and Mashable
| Milana Vinn / Reuters: |
Sources: Broadcom is nearing a $3.8B deal to sell its end-user computing unit to private equity firm KKR — Chipmaker Broadcom (AVGO.O) is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private equity firm KKR (KKR.N) … | David Jeans / Forbes: |
In a letter to Elon Musk, Rep. Mike Gallagher says SpaceX may be in breach of DOD contracts after sources say Starshield is inactive around Taiwan for US troops — Rep. Mike Gallagher, who led a delegation to Taiwan this week, said in a letter to Musk that SpaceX could possibly be in breach of its …
More: CNBC and Wall Street Journal
Threads: @kazweida, @alexrkonrad, and @lorakolodny
X: @davidjeans2, @phelimkine, and @alexrkonrad
Forums: Hacker News and r/EnoughMuskSpam
| Reuters: |
Japan plans to give up to $4.86B more in subsidies to help TSMC build a second chip fabrication plant in Kumamoto — Chipmaker TSMC (2330.TW) formally opens its first Japanese plant on Saturday, highlighting the Taiwanese firm's critical role in Tokyo's multi-billion dollar efforts to reboot …
More: Nikkei Asia, Benzinga, TechPowerUp, and DigiTimes
| Jon Porter / The Verge: |
What to expect at MWC 2024: smartphone launches from Xiaomi and others, OnePlus Watch 2, Brain.ai's “app-less phone” and other experimental concepts, and more — Without looking up any leaks or rumors, I'd bet that you could probably sketch most of the phones rumored to be launching at Mobile World Congress next week.
More: Deutsche Telekom, Tech Advisor, Barron's Online, McKinsey & Company, ZDNet, Android Police, Bloomberg, Cryptopolitan, Samsung Newsroom, TalkAndroid.com, Android Authority, and PhoneArena. LinkedIn: Rickard Damm
| RT Watson / The Block: |
Research: the all-time, total amount invested in crypto and blockchain-related companies crosses $90B, with ~$1.3B invested across 230+ deals so far in 2024 — - The total, all-time dollar amount invested into crypto and blockchain-related companies exceeded $90 billion this month …
Forums: r/CryptoCurrency and r/ethtrader
| Lauren Feiner / The Verge: |
A preview of the NetChoice cases to be argued at SCOTUS on February 26, about the constitutionality of Texas and Florida laws regulating social media content — The ruling could impact other publishing industries and future social media regulation. … Social media companies have long …
More: Tech Policy Press, SCOTUSblog, and Fast Company
| Jordan Novet / CNBC: |
Filing: Google said Microsoft offered to sell Bing to Apple in 2018, but Eddy Cue said Microsoft had search quality issues and was investing less than Google — - In 2018, Microsoft offered to sell Apple its Bing search engine or start a Bing joint venture, Google said in a newly unsealed filing.
More: TechCrunch, Neowin, United States District Court, 9to5Mac, and The Verge
| Mary Ann Azevedo / TechCrunch: |
PermitFlow, which develops end-to-end workflow and automation software for construction permitting, raised a $31M Series A led by Kleiner Perkins — Kleiner Perkins led the Series A, which came just over a year after seed round — Anyone who has ever tried to build or renovate a house knows …
More: FinSMEs, The SaaS News, Robots.net, and BNN
X: @josh_coyne, @kimmaicutler, @ycombinator, and @abarrallen
LinkedIn: Samuel K. Lam and Mary Ann Azevedo
| Dietrich Knauth / Reuters: |
FTX agrees to sell FTX Europe back to its founders for $32.7M, drops a lawsuit seeking back $323M it had spent to acquire the startup originally called DA AG — Bankrupt crypto exchange FTX has settled a lawsuit that sought to claw back $323 million that it had spent acquiring a European startup …
More: Cryptopolitan, Cointelegraph, Wall Street Journal, CoinJournal, and CoinGape
X: @jdan, @kateclarktweets, @ivanlevingston, and @aosipovich
| Financial Times: |
How tensions between past and present leaders of Sequoia, which had a reputation for quiet competence, have spilled into the open with the Klarna boardroom spat — Tension between past and present leaders of Silicon Valley's premier venture group have spilled into the openSponsor 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.
Zoho:
Transform sales efficiency with VoIP-CRM integration — This is a guest post by CallHippo. Sales efficiency is critical for success in today's competitive business landscape. However, many businesses struggle …
Transform sales efficiency with VoIP-CRM integration — This is a guest post by CallHippo. Sales efficiency is critical for success in today's competitive business landscape. However, many businesses struggle …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
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.Who's Hiring In Tech?
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