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September 9, 2024, 11:00 AM
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| 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.
More: Reuters, Tech Startups, TechRadar, Silicon Republic, The Verge, and Silicon Canals
| Washington Post: |
The US DOJ's case against Google's ad business may benefit Meta, Amazon, and news organizations that pay Google a cut of revenue for brokering their website ads — Federal prosecutors are seeking a divestment of Google's multibillion-dollar online advertising business, saying its monopoly power harms advertisers and publishers.| Jack Apollo George / The Guardian: |
A writer on working for a tech company, by 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 …
Mastodon: @michellemanafy@journa.host. X: @timkendall_path, @rosenzweigjane, and @martyswant
LinkedIn: Mark Little, Elke Schwarz, PhD, Jason Bissell, and Peter Llewellyn
| Dan Primack / Axios: |
Source: Sequoia Capital completed its $861M purchase of Stripe shares from Sequoia limited partners last week; Stripe didn't receive any proceeds — - It also could become a model for how VC firms deal with long-in-the-tooth portfolio companies. … - Some LPs exited completely … | Ashley Carman / Bloomberg: |
Audible plans to invite some US-based audiobook narrators to train AI on their voices, cloning them and paying for title recordings via a royalty-sharing model — The audiobook service is inviting some US-based narrators to train artificial intelligence on their voices
More: ACX
| Mary Ann Azevedo / TechCrunch: |
Miami-based finally, which offers bookkeeping, accounting, and finance tools for SMBs, raised a $50M Series B from PeakSpan and secured 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
| George Hammond / Financial Times: |
An interview with Iconiq Capital's Matthew Jacobson on the firm's focus on M&A and secondary markets, investing in startups creating AI “applications”, and more — Investment group that acts as family office of top entrepreneurs bets on M&A and secondary markets
More: Benzinga and PYMNTS.com
| Mark Gurman / Bloomberg: |
Sources: Apple will launch Image Playground and Genmoji as part of iOS 18.2; Sonos cuts its plans to build ~1M Ace headphones units 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.
More: Android Police, MacRumors, 9to5Mac, Engadget, Wall Street Journal, TechCrunch, 9to5Mac, CNN, iMore, Neowin, WinBuzzer, 9to5Mac, Cryptopolitan, The Shortcut, T3, Fast Company, TechRadar, 9to5Mac, BGR, What Hi-Fi?, Tom's Guide, Trusted Reviews, nextpit, Sammy Fans, MacRumors, Business Standard, Spyglass, Android Headlines, Forbes, Redmond Pie, Lowyat.NET, PhoneArena, KnowTechie, PYMNTS.com, iClarified, Benzinga, iPhone in Canada Blog, Android Authority, AppleInsider, Philip Elmer‑DeWitt, Pocket-lint, The Verge, and Quartz
Threads: @parkerortolani. Mastodon: @viticci@mastodon …, @jsnell@zeppelin.flights, @drewmccormack@mastodon.cloud, @jsnell@zeppelin.flights, and @viticci@mastodon …
X: @markgurman, @markgurman, @markgurman, @markgurman, @majinbuofficial, @markgurman, @markgurman, @nickjsheriff, @markgurman, @benbajarin, @maxwinebach, and @9to5mac
Forums: r/iphone, r/apple, and MacRumors Forums
| Ryan Browne / CNBC: |
Skype co-founder Niklas Zennström's Atomico raised $1.24B for its sixth batch of new funds, 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 …
More: Bloomberg, Atomico, TechCrunch, EU-Startups, Tech.eu, Silicon Republic, Tech Startups, TNW, Sifted, Tech Funding News, Silicon Canals, and UKTN
| 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
More: Fox News, Deseret News, Associated Press, and Politico
LinkedIn: Matthew Small and Christopher Denny
| Zach Vallese / CNBC: |
Some creators move from unpredictable algorithm-driven platforms to subscription services; YouTube group The Try Guys launched 2nd Try, a $5/month streamer — The Try Guys, one of YouTube's most established creator groups, have successfully abandoned their reliance on Google's algorithms … | 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
More: The Register
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