Saturday, July 1, 2023

Fidelity makes more cuts to Reddit, Discord valuations

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By Christine Hall

Friday, June 30, 2023

Today, Fidelity got out the knife again to go after the value of its holdings in companies, including Reddit, Discord and Gupshup.

Next, if you're using an ad blocker on YouTube, the streaming giant is about to test the limits of your patience with a new experiment.

Meanwhile, a company with a very transparent name, Taiwan Semiconductor Manufacturing Company, confirmed a data breach.

We're also trying to figure out if there's a glitch over at Twitter or if the company is indeed no longer allowing non-Twitter users to read tweets.

And WhatsApp doesn't want you to leave your chat on an old phone, so it created a new QR-code-based local data transfer method.

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Image Credits: Rafael Henrique/SOPA Images/LightRocket / Getty Images

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Now let's talk about Apple: Apple is celebrating today after its market cap hit $3 trillion — again. Actually, the company has been celebrating a lot so far this year. Not only is Apple’s stock doing well, but the launch of the augmented reality headset Apple Vision Pro seems to be well-received. Find out what else might have led to this.

It's not a Figma-ent of your imagination: The U.K.'s Competition and Markets Authority is preparing for the next step in its investigation into Adobe's proposed $20 billion Figma acquisition. Catch up on what’s going on.

The block stops here: Twitter was dealt a blow this week when an Indian court dismissed its lawsuit against the federal government that sought to challenge New Delhi's block orders on tweets and accounts. Get the scoop on what happened.

ByteDance wants to make music: TikTok parent ByteDance has a new music creation and audio editing app that is now in closed beta in the U.S. It's likely to have a "Ripple" effect on the industry.

Starting on a high note: Voice.ai raises $6 million for its technology that enables you to change your voice. And it’s gaining hundreds of thousands of users.

We don't like to MOVEit MOVEit: Two Northeast colleges confirmed that the Teachers Insurance and Annuity Association of America, a teachers retirement fund, was caught up in a breach orchestrated by MOVEit hackers. Find out how they were impacted.

Reproductive health journey could start at work: Fertifa wants to help more companies in Europe offer reproductive benefits to workers. See how they are doing this.

Add these to your reading list:

GM buys software startup that predicts EV battery fires

Secretive hardware startup Humane's first product is the Ai Pin

Korea's Alwayz aims to make online shopping fun again with $46M in funding

Police want robotaxi video footage to help solve crimes

European VCs and tech firms sign open letter warning against over-regulation of AI in draft EU laws

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Pitch Deck Teardown: Super.com's $60M Series C deck

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