The AI revolution has more in common with shipping containerization than the boom unleashed by the microprocessor: diffuse global benefits but few new fortunes
The disruption is real. It's also predictable. — ISSUE 04 — Fortunes are made by entrepreneurs and investors … X: @actaccordingly , @shearic , @joincolossus , @sameer_singh17 , @patrick_oshag , @j...
Memo: Sameer Singh, TikTok's general manager for North America's ads team, is leaving the company at the end of February, as the company faces a ban in the US
Sameer Singh will remain at the company until the end of February — Sameer Singh, TikTok's North America head of ad sales …
Internal memo: Meta plans to make Facebook more like TikTok, including bringing Messenger back into the app and recommending posts from “unconnected” sources
a big departure from how it currently works. That and more changes here: https://www.theverge.com/... Sameer Singh / @sameer_singh17 : Leaving even more room for new startups to re-build the social gr...
Sources: Substack dropped efforts to raise money, after talks to raise $75M-$100M at a $750M-$1B valuation, during which the company said 2021 revenue was ~$9M
Good afternoon! Today, Realm's no-code beta enters it's … Michael Spencer / Creator Economy Tips : Substack Halts Plans for Series C Funding Casey Newton / Platformer : Substack's failed fundraise Tw...
After a reported theft, OpenSea freezes 16 Bored Ape and Mutant Ape NFTs, worth ~$2.3M, leading some to point out the NFT space's lack of decentralization
Once upon a time, there was a monkey. Catherine Forrest / Shelf Life : Flimflam Fantasy Crypto Chronicles Casey Newton / Platformer : The Bored Ape art heist and crypto's trust and safety problem Edit...
Airbnb reports Q2 revenue of $1.34B, up nearly 300% YoY, with Gross Booking Value of $13.4B, up 320% YoY, and net loss of $68M, down 88% YoY
The travel rebound is upon us and Airbnb is leading the way. Paul R. La Monica / WRAL TechWire : Airbnb's warning: Delta variant means future bookings will be ‘more volatile’ Duncan Riley / SiliconANG...
Sources: Facebook is building an audio chat product, currently in the earliest stages of development, that is similar to Clubhouse
The increasingly popular social media app is allowing conspiracy theories … Darragh Murphy / Laptop Mag : What is Clubhouse and why is Facebook cloning the voice chat app? The Economic Times : ETtech ...
Clubhouse raises Series B led by a16z, says it has 180+ investors, and will test options for paying creators and begin work on an Android app soon
When I first met Paul Davison, it took about 10 seconds to realize … Tae Kim / Bloomberg : Forget TikTok. Clubhouse Is Social Media's Next Star. Darrell Etherington / TechCrunch : Clubhouse announces ...
Sources: Google and Snap are in talks to invest in a $200M+ funding round in Indian Twitter-like social network ShareChat at a $1B+ valuation
ShareChat, which added Twitter as an investor in 2019, is in talks to add two more American giants to its captable. Tweets: @sameer_singh17 Tweets: Sameer Singh / @sameer_singh17 : Sharechat targets u...
Apple will reduce its App Store cut to 15% from any developer who earns less than $1M in revenue per year from all their apps, starting January 1
but there's a catch Firstpost Tech : Apple to cut App Store commission from 30 to 15 percent for developers with up to $1 million annual revenue Stephen Warwick / iMore : Fury as Tim Sweeney compares ...