Journals

Ben Lovejoy / 9to5Mac: Kuo: Vision Pro demand is higher than Apple originally expected, with US shipments expected to hit 200-250k units this year; return rates are now below 1%  —  Analyst Ming-Chi Kuo believes that Vision Pro demand is… Read More »Kuo: Vision Pro demand is higher than Apple originally expected, with US shipments expected to hit 200-250k units this year; return rates are now below 1% (Ben Lovejoy/9to5Mac)

Foo Yun Chee / Reuters: Axel Springer and 31 other media groups in Europe file a $2.3B lawsuit against Google, alleging that they suffered losses due to its digital ad practices  —  Alphabet’s (GOOGL.O) Google was hit with a 2.1-billion-euro… Read More »Axel Springer and 31 other media groups in Europe file a $2.3B lawsuit against Google, alleging that they suffered losses due to its digital ad practices (Foo Yun Chee/Reuters)

The Information: Sources: Meta plans to launch Llama 3 in July, as it tries to overcome a perceived problem that Llama 2 is too “safe” with its answers about contentious topics  —  As Google grapples with the backlash over the… Read More »Sources: Meta plans to launch Llama 3 in July, as it tries to overcome a perceived problem that Llama 2 is too “safe” with its answers about contentious topics (The Information)

Manish Singh / TechCrunch: India’s two leading streamers, JioCinema and Disney+Hotstar, to merge after Reliance, its portfolio company Viacom18, and Disney merge their businesses in India  —  Reliance, its portfolio Viacom18 and Disney are merging their media businesses in India,… Read More »India’s two leading streamers, JioCinema and Disney+Hotstar, to merge after Reliance, its portfolio company Viacom18, and Disney merge their businesses in India (Manish Singh/TechCrunch)

Tim Copeland / The Block: Telegram launches an ad revenue sharing system for channel owners in nearly 100 countries, with a 50/50 split with channel owners, paid out in toncoin  —  – Telegram is introducing ad revenue sharing and will… Read More »Telegram launches an ad revenue sharing system for channel owners in nearly 100 countries, with a 50/50 split with channel owners, paid out in toncoin (Tim Copeland/The Block)

Angel Au-Yeung / Wall Street Journal: Sources: Stripe and some investors agreed to buy $1B+ of current and ex-employees’ shares, valuing it at $65B, up from $50B in 2023, but down from $95B in 2021  —  The fintech giant’s employees… Read More »Sources: Stripe and some investors agreed to buy $1B+ of current and ex-employees’ shares, valuing it at $65B, up from $50B in 2023, but down from $95B in 2021 (Angel Au-Yeung/Wall Street Journal)

Financial Times: A detailed look at the modern chip manufacturing process, involving more than a thousand precisely controlled steps to create a single integrated circuit  —  After coming up against the limits of physics, scientists are rethinking chip architecture like… Read More »A detailed look at the modern chip manufacturing process, involving more than a thousand precisely controlled steps to create a single integrated circuit (Financial Times)

Crunchbase News: Venture funding to Black-founded US startups in 2023 totaled $705M across 191 deals, or less than 0.5% of all venture funding, down from $2.4B in 2022  —  Editor’s note: This is the first in a two-part series on… Read More »Venture funding to Black-founded US startups in 2023 totaled $705M across 191 deals, or less than 0.5% of all venture funding, down from $2.4B in 2022 (Crunchbase News)

Karissa Bell / Engadget: President Biden signs an EO that aims to limit the mass-sale of Americans’ personal data like geolocation to “countries of concern”, including China and Russia  —  The bulk sale of geolocation, genomic, financial and health data… Read More »President Biden signs an EO that aims to limit the mass-sale of Americans’ personal data like geolocation to “countries of concern”, including China and Russia (Karissa Bell/Engadget)

Ingrid Lunden / TechCrunch: Thrasio, which raised $3B+ in equity and debt to acquire third-party Amazon sellers, files for Chapter 11 bankruptcy and secures $90M in emergency funding  —  Thrasio, the U.S. start-up that raised billions of dollars and popularized… Read More »Thrasio, which raised $3B+ in equity and debt to acquire third-party Amazon sellers, files for Chapter 11 bankruptcy and secures $90M in emergency funding (Ingrid Lunden/TechCrunch)