News

Jason Snell / Six Colors: A look at DOJ’s case against Apple, which has some strong points but also includes some silly arguments like Apple affecting “the flow of speech” via Apple TV+  —  The U.S. Department of Justice, 15… Read More »A look at DOJ’s case against Apple, which has some strong points but also includes some silly arguments like Apple affecting “the flow of speech” via Apple TV+ (Jason Snell/Six Colors)

Bloomberg: Reddit opens up 38%, at $47 per share, in its New York Stock Exchange debut, valuing the company at about $9B on a fully diluted basis  —  The San Francisco-based company’s stock began trading on Thursday at $47 each,… Read More »Reddit opens up 38%, at $47 per share, in its New York Stock Exchange debut, valuing the company at about $9B on a fully diluted basis (Bloomberg)

The Information: Source: Microsoft agreed to pay Inflection ~$650M when hiring its staff, mostly via a licensing deal that makes Inflection’s models available for sale on Azure  —  Microsoft doesn’t want its plan to hire two of Inflection AI’s co-founders… Read More »Source: Microsoft agreed to pay Inflection ~$650M when hiring its staff, mostly via a licensing deal that makes Inflection’s models available for sale on Azure (The Information)

Paul Graham / Y Combinator: Reflecting on Reddit’s history: Steve Huffman and Alexis Ohanian pitching a food app, wanting to use snoo.com, and seeing traffic explode after Reddit launched  —  I met the Reddits before we even started Y Combinator. … Read More »Reflecting on Reddit’s history: Steve Huffman and Alexis Ohanian pitching a food app, wanting to use snoo.com, and seeing traffic explode after Reddit launched (Paul Graham/Y Combinator)

Brady Dale / Axios: Succinct, which is building zero-knowledge proof tech for blockchain apps, raised $55M led by Paradigm across a seed and a Series A  —  – That’s all well and good. … – It might, for example, take… Read More »Succinct, which is building zero-knowledge proof tech for blockchain apps, raised $55M led by Paradigm across a seed and a Series A (Brady Dale/Axios)

Tom Warren / The Verge: Microsoft unveils the Surface Laptop 6 and Surface Pro 10 for enterprises, adding a Copilot key, a Neural Processing Unit for Windows 11’s AI features, and more  —  Microsoft is gearing up for its “year… Read More »Microsoft unveils the Surface Laptop 6 and Surface Pro 10 for enterprises, adding a Copilot key, a Neural Processing Unit for Windows 11’s AI features, and more (Tom Warren/The Verge)

Samuel Stolton / Bloomberg: Sources: the EU plans to announce investigations into Apple’s and Google’s DMA compliance in the coming days; Meta’s subscriptions could also face scrutiny  —  – Meta also expected to face scrutiny in EU’s Big Tech clampdown … Read More »Sources: the EU plans to announce investigations into Apple’s and Google’s DMA compliance in the coming days; Meta’s subscriptions could also face scrutiny (Samuel Stolton/Bloomberg)

Joe Rossignol / MacRumors: Apple says the US DOJ winning its lawsuit “would set a dangerous precedent, empowering government to take a heavy hand in designing people’s technology”  —  The U.S. Department of Justice today filed an antitrust lawsuit against… Read More »Apple says the US DOJ winning its lawsuit “would set a dangerous precedent, empowering government to take a heavy hand in designing people’s technology” (Joe Rossignol/MacRumors)

Wall Street Journal: The US DOJ sues Apple, alleging the company blocked rivals from accessing iPhone features, made it difficult for users to switch to non-Apple devices, and more  —  Justice Department says iPhone maker leveraged its dominance to block… Read More »The US DOJ sues Apple, alleging the company blocked rivals from accessing iPhone features, made it difficult for users to switch to non-Apple devices, and more (Wall Street Journal)

Ivan Mehta / TechCrunch: The Browser Company, which makes the Arc browser, raised $50M led by Pace Capital at a $550M valuation, bringing its total funding to $128M  —  The Browser Company, which makes the Arc browser, has raised $50… Read More »The Browser Company, which makes the Arc browser, raised $50M led by Pace Capital at a $550M valuation, bringing its total funding to $128M (Ivan Mehta/TechCrunch)