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t.co
How Esther Crawford, Twitter's director of product management, became one of the most influential leaders from the old guard in Elon Musk's “hardcore” Twitter
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t.co
)
2023-1-24
Twitter
Elon Musk
VC firm Highland Europe raised a €1B fund, its fifth, bringing its total raised to €2.75B; PitchBook: European startup investment fell 16% YoY to €91.6B in 2022
(
t.co
)
2023-1-24
Europe
Startup
A look at the challenge of moderating livestreams for children and vulnerable users, even if age verification can be improved and privacy concerns addressed
(
t.co
)
2023-1-23
Netflix co-founder Reed Hastings steps down as co-CEO but plans to stay on as executive chair; the company promotes COO Greg Peters to co-CEO with Ted Sarandos
(
t.co
)
2023-1-20
Netflix
Patreon, Substack, and other “passion economy” startups are laying off staff and abandoning fundraising plans; Dealroom: investment fell 75% to $801M in 2022
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t.co
)
2023-1-20
Startup
Sources: Founders Fund sold off most of its cryptocurrency portfolio by the end of March 2022, before the crypto market crash, generating ~$1.8B in returns
(
t.co
)
2023-1-19
Cryptocurrency
Sources: online fast fashion retailer Shein is in talks to raise up to $3B from Abu Dhabi's Mubadala and others at a $64B valuation, down from its $100B peak
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t.co
)
2023-1-19
China plans to launch Strong Nation Transport, a ride-hailing app to rival Didi, initially targeting Communist party members and government employees
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t.co
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2023-1-19
China
The UK's Online Safety Bill has become complex and confusing, things it sought to avoid, leaving social media companies grappling with implementing the rules
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t.co
)
2023-1-19
As Apple shifts from China, experts worry India will struggle with iPhone production due to supply chain issues, labor woes, a lack of automation, and more
(
t.co
)
2023-1-18
China
India
iPhone
Apple
A look at LockBit, a Russia-linked hacking group that claimed responsibility for compromising 40 organizations in the past month, including the UK's Royal Mail
(
t.co
)
2023-1-18
Russia
How Apple built a supply chain in China over two decades, spending billions and embedding staff in factories, creating a dependence before US tensions escalated
(
t.co
)
2023-1-17
China
Apple
A look at Elon Musk's options to meet financial obligations from a $13B Twitter buyout debt; sources: the first interest installment could be due by January-end
(
t.co
)
2023-1-17
Twitter
Elon Musk
Investigation: Alibaba paid Chinese scholars to lobby authorities to relax regulations and rehabilitate its reputation, hoping to navigate China's clampdown
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t.co
)
2023-1-16
China
Alibaba
TikTok, Instagram, and other social media platforms expect age verification measures in the UK's Online Safety Bill to reduce user numbers, hitting ad revenue
(
t.co
)
2023-1-15
Instagram
Sources: an entity under China's CAC acquired a 1% stake, or “golden shares”, in an Alibaba subsidiary, and plans on taking a similar stake in a Tencent unit
(
t.co
)
2023-1-13
China
Alibaba
Tencent
Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash
(
t.co
)
2023-1-13
Asset
Paris-based Ubisoft's stock drops ~15% after the company slashed its forecasts, reported “markedly and surprisingly slower” holiday sales, and delayed games
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t.co
)
2023-1-12
Paris
Sources: Apple promises investors to disclose details about its App Store removals, including the number of removal requests by country and their legal basis
(
t.co
)
2023-1-12
Apple
After Chinese researchers claimed to break RSA encryption using quantum computers, experts are skeptical and caution that any commercial benefits are years away
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t.co
)
2023-1-12
China
Quantum
Court documents: Sam Bankman-Fried invested $20M in Paradigm's $2.5B Paradigm One fund in late 2021, before the fund then invested in FTX and FTX US
(
t.co
)
2023-1-11
How Section 19a of Germany's Competition Act gives antitrust authorities the power to divest and sanction Big Tech, as the EU slowly rolls out its enforcement
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t.co
)
2023-1-11
Germany
German drugmaker BioNTech acquires London-based AI startup InstaDeep for up to £562M to help harness machine learning to improve drug discovery
(
t.co
)
2023-1-11
Germany
Startup
AI
Machine Learning
London
VaynerMedia: in 2022, buying 1K video ad impressions on TikTok cost around 50% less than Instagram's Reels, ~33% less than Twitter, and 62% less than Snapchat
(
t.co
)
2023-1-10
Snapchat
Instagram
Twitter
Meta contractor Sama plans to close its east African content moderation hub in March, cutting ~200 staff; Meta will employ 1,500 Sama staff for data labelling
(
t.co
)
2023-1-10
Africa
The UK will pay £24M to settle with French IT group Atos, which challenged awarding an £850M supercomputer contract to Microsoft to forecast weather and more
(
t.co
)
2023-1-10
France
Microsoft
LinkedIn posts and Apple job listings suggest Apple plans to open its first flagship stores in India, likely beyond the reported 22,000 sq. ft. store in Mumbai
(
t.co
)
2023-1-9
India
LinkedIn
Apple
Sources: UK PM Rishi Sunak met Arm CEO Rene Haas and Masayoshi Son to revive efforts to secure a London listing for Cambridge-based Arm's IPO alongside New York
(
t.co
)
2023-1-9
IPO
New York
London
UK-based insurer Beazley launches the first cyber catastrophe bond, typically used for hurricanes and extreme weather, as the industry combats ransomware claim
(
t.co
)
2023-1-9
Despite a recent pledge by Chinese officials to support tech to boost growth, VCs and foreign investors remain wary after a brutal, two-year regulatory campaign
(
t.co
)
2023-1-8
China
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