BlockFi says it agreed to an option to be acquired by FTX for up to $240M; the deal also includes a $400M revolving credit facility from FTX Techmeme · 2 days ago
Filing: Google asks the US FEC to green light a program that would exempt campaign-related emails from spam; GOP alleges Gmail unfairly flags its emails as spam Techmeme · 5 days ago
Filing: Digital World Acquisition Corp., which wants to take Trump's Truth Social public, discloses a federal grand jury issued subpoenas to each board director Techmeme · 6 days ago
The Washington Post has licensed its Arc XP CMS to 2,000+ companies, up from ~1,500 a year ago; sources: Arc XP generates ~$40M-$50M in ARR but isn't profitable Techmeme · 3 weeks ago
CEO Bobby Kotick says Activision Blizzard is opening collective bargaining negotiations with Raven Software workers who recently voted to join a union Techmeme · 3 weeks ago
Twitter, Coinbase, and other companies are rescinding lucrative job offers as a cost-cutting strategy instead of the usual mix of layoffs and slower backfills Techmeme · 3 weeks ago
Bicycle Health, a Boston-based provider of virtual opioid addiction treatment, raises a $50M Series B, bringing its total funding to $83M Techmeme · 4 weeks ago
Meta announces a broad AI reorganization: VP of AI Jerome Pesenti will leave later in June, the Responsible AI team will join the Social Impact team, and more Techmeme · 1 month ago
In a first, Meta withdraws its policy guidance request from the Oversight Board about Russia's invasion of Ukraine, over "ongoing safety and security concerns" Techmeme · 2 months ago
The White House says 20 ISPs, including Verizon, Comcast, and Charter, have agreed to offer 100 Mbps internet service for $30 per month to low-income families Techmeme · 2 months ago
If Roe v. Wade gets overturned, any location and search data about users collected by tech companies might be used in abortion-related criminal prosecutions Techmeme · 2 months ago
Retail crypto exchange Crypto.com says it now has over 50M users, up 5x from late 2020, and expects to hit 100M users by year-end Techmeme · 2 months ago
Filing: Elon Musk raises $7.14B for his Twitter bid from Saudi Prince Alwaleed, Larry Ellison, Sequoia, VyCapital, Binance, a16z, and others; Ellison gives $1B Techmeme · 2 months ago
NYC employees' pension funds sue Activision Blizzard, alleging CEO Bobby Kotick rushed the Microsoft deal to escape liability for misconduct at his company Techmeme · 2 months ago
A US federal judge denies Elon Musk's request to scrap a 2018 SEC settlement that requires pre-approval for some of his tweets about Tesla or its shareholders Techmeme · 2 months ago
Twitter adopts a "poison pill" to thwart Elon Musk's $43B takeover, giving shareholders time to purchase additional shares at a discount to dilute 15%+ stakes Techmeme · 3 months ago
French social app BeReal, which encourages users to post one selfie per day, has exploded in popularity with Gen Z users; Apptopia says MAUs are up 315% in 2022 Techmeme · 3 months ago
Elon Musk tweets that all Twitter Blue subscribers "should get an authentication checkmark" and suggests the service should be ad-free with a lower price Techmeme · 3 months ago
SamCart, which offers e-commerce tools for creators, raises a $82M Series B led by Eldridge Techmeme · 3 months ago
Bond Capital, the growth equity firm co-founded by Mary Meeker, raises $2.5B for its third fund Techmeme · 3 months ago
Sources: OnlyFans has held conversations with multiple SPACs about going public, after failing to raise capital in 2021 due to the platform's adult content Techmeme · 3 months ago
Osso VR, which uses VR simulations to train surgeons, raises a $66M Series C led by Oak HC/FT, bringing its total funding to about $109M Techmeme · 3 months ago
DOJ asks judge in its antitrust case against Google to sanction Google for allegedly training staff to include counsel on email chains to avoid legal discovery Techmeme · 3 months ago
New Delhi-based Amagi, which provides ad software for broadcast and streaming TV, raises $95M led by Accel at a $1B+ valuation, bringing total funding to $245M Techmeme · 4 months ago
With Congress divided over passing a national privacy law, tech industry groups are lobbying Utah and other states to pass privacy laws weaker than California's Techmeme · 4 months ago
Slack has started cutting off access for some customers in Russia in order to comply with US and international sanctions and Salesforce policies Techmeme · 4 months ago
MPA: streaming made up 72% of the $99.7B global streaming and theatrical movie market in 2021, up from 46% in 2019; streaming subscriptions hit 1.3B, up 14% YoY Techmeme · 4 months ago
Apple, Google, Meta, PayPal, and others urge Texas governor to abandon an EO that equates gender-affirming healthcare for transgender children with child abuse Techmeme · 4 months ago
Eight more current and former PlayStation employees add their accounts of sexist treatment to a class action lawsuit filed against the company in November 2021 Techmeme · 4 months ago