Thursday, September 5, 2024

A San Francisco federal judge rules that X must face a class action age bias suit by around 150 older workers who were laid off by the company in 2022 (Daniel Wiessner/Reuters)

Daniel Wiessner / Reuters:
A San Francisco federal judge rules that X must face a class action age bias suit by around 150 older workers who were laid off by the company in 2022  —  A federal judge in San Francisco has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired …



Meta's Oversight Board rules that users should be allowed to post "aspirational" statements for Venezuelan state-supported paramilitary groups to be killed (Gaby Del Valle/The Verge)

Gaby Del Valle / The Verge:
Meta's Oversight Board rules that users should be allowed to post “aspirational” statements for Venezuelan state-supported paramilitary groups to be killed  —  Meta should allow users to post “aspirational” statements for Venezuelan paramilitary groups to be killed …



Leaked Disney files include personal data of some staff and customers, and show that Disney+ had $2.4B+ revenue in March quarter, or 43% of Disney's DTC revenue (Wall Street Journal)

Wall Street Journal:
Leaked Disney files include personal data of some staff and customers, and show that Disney+ had $2.4B+ revenue in March quarter, or 43% of Disney's DTC revenue  —  Data trove sheds light on entertainment giant's operations, and exposes personal data of some staff and customers



Wednesday, September 4, 2024

Meta's Oversight Board rules that the phrase "from the river to the sea" is not necessarily hate speech when addressing the Israeli-Palestinian conflict (David Ingram/NBC News)

David Ingram / NBC News:
Meta's Oversight Board rules that the phrase “from the river to the sea” is not necessarily hate speech when addressing the Israeli-Palestinian conflict  —  The independent board said the phrase has ‘multiple meanings’ and is important to political speech on Instagram and Facebook.



Spotify expands daylist, a personalized playlist that evolves through the day depending on listening habits, globally for free and adds support for 14 languages (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
Spotify expands daylist, a personalized playlist that evolves through the day depending on listening habits, globally for free and adds support for 14 languages  —  Spotify is launching daylist globally.  It's a personalized playlist that evolves throughout the day depending on your listening habits.



Alibaba will let shoppers check out via Tencent's WeChat Pay on its Taobao and Tmall shopping platforms, as Chinese government crackdown on Alibaba ends (Bloomberg)

Bloomberg:
Alibaba will let shoppers check out via Tencent's WeChat Pay on its Taobao and Tmall shopping platforms, as Chinese government crackdown on Alibaba ends  —  - The decision brings down one of the biggest app barriers … The Taobao and Tmall shopping platforms will allow its hundreds …



Ubisoft stock fell by 10%+ to a ten year low in the past two days, giving it a market cap of €1.99B, following the lukewarm reception to Star Wars Outlaws (Tom Henderson/Insider Gaming)

Tom Henderson / Insider Gaming:
Ubisoft stock fell by 10%+ to a ten year low in the past two days, giving it a market cap of €1.99B, following the lukewarm reception to Star Wars Outlaws  —  Ubisoft stock prices have tanked by over 10% in the past two days following a lukewarm reception to Star Wars Outlaws.



Tuesday, September 3, 2024

SAP CTO Juergen Mueller says he will leave the company by the end of September because of inappropriate conduct at a past company event (Sonja Wind/Bloomberg)

Sonja Wind / Bloomberg:
SAP CTO Juergen Mueller says he will leave the company by the end of September because of inappropriate conduct at a past company event  —  - Mueller will leave by the end of the month after an incident  — He apologizes for ‘inappropriate’ behavior at company event



Zilch says it made an operating profit in July 2024, hitting profitability within four years of its founding date, and crossed £100M in annual revenue run rate (Ryan Browne/CNBC)

Ryan Browne / CNBC:
Zilch says it made an operating profit in July 2024, hitting profitability within four years of its founding date, and crossed £100M in annual revenue run rate  —  British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone …



Sources: Apple will use OLED displays in all iPhone models sold from next year, switching its lower-priced iPhone SE models to OLED screens from LCDs (Yuka Konishi/Nikkei Asia)

Yuka Konishi / Nikkei Asia:
Sources: Apple will use OLED displays in all iPhone models sold from next year, switching its lower-priced iPhone SE models to OLED screens from LCDs  —  U.S. tech giant to switch iPhone SE's screen to OLEDs in 2025  —  TOKYO — Apple will use organic light-emitting diode (OLED) …



Sunday, September 1, 2024

A US court ordered Nigerian businessman Dozy Mmobuosi, founder of NJ-based Tingo, to pay $250M+ in fines after SEC alleged he inflated Tingo's financial records (Aanu Adeoye/Financial Times)

Aanu Adeoye / Financial Times:
A US court ordered Nigerian businessman Dozy Mmobuosi, founder of NJ-based Tingo, to pay $250M+ in fines after SEC alleged he inflated Tingo's financial records  —  Decision against Dozy Mmobuosi by US court comes after civil complaint by SEC against his Nasdaq-listed companies



A look at NightCafe, a bootstrapped generative art marketplace with 25M users who created ~1B images; source: it has $4M annualized revenue with a ~50% margin (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
A look at NightCafe, a bootstrapped generative art marketplace with 25M users who created ~1B images; source: it has $4M annualized revenue with a ~50% margin  —  The OG of image generation is a success, minus some moderation challenges  —  Elle Russell, co-founder of Cairns …



A look at Apple's strategy to keep retiring execs involved in a reduced role; sources: M4 Mac mini will have 5 USB-C ports, internal power supply, and no USB-A (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
A look at Apple's strategy to keep retiring execs involved in a reduced role; sources: M4 Mac mini will have 5 USB-C ports, internal power supply, and no USB-A  —  Apple's succession strategy has come into focus with the upcoming exit of its chief financial officer.



A look at the surge of interest-based sites as users grow weary of big platforms; MAUs for Letterboxd, Strava, and AllTrails grew 55%, 20%, and 10% YoY in H1 (Teresa Xie/Bloomberg)

Teresa Xie / Bloomberg:
A look at the surge of interest-based sites as users grow weary of big platforms; MAUs for Letterboxd, Strava, and AllTrails grew 55%, 20%, and 10% YoY in H1  —  - Biking, reading and dining apps draw users seeking connection  — Niche apps take hold as alternative to larger online platforms



A look at Jony Ive's work with LoveFrom; Ive bought a city block in SF's Jackson Square and could raise ~$1B with Sam Altman by end of 2024 for an AI device (Tripp Mickle/New York Times)

Tripp Mickle / New York Times : A look at Jony Ive's work with LoveFrom; Ive bought a city block in SF's Jackson Square and could...