🔒 Google closes its dedicated London start-up space
Today’s Picks
Google closes its dedicated London start-up space. The Silicon Valley tech giant announced on Monday that it has decided 'not to reopen' Campus in East London after it was forced to close by the coronavirus pandemic. (Sam Shead via CNBC)
Hong Kong's Apple Daily to decide monday on shutting down paper. Company has no access to bank accounts, top adviser says National security police arrested top editors last week The board of Next Digital Ltd. (Iain Marlow via Bloomberg)
Facebook officially launches Live Audio Rooms and podcasts in the U.S. In April, Facebook announced a series of planned investments in new audio products, including a Clubhouse live audio competitor as well as new support for podcasts. Today, Facebook is officially rolling these products with the launch of Live Audio… (Sarah Perez via TechCrunch)
Lordstown Motors Executives Sold Stock Ahead of Reporting Results and Before Troubles Came to Light. Several top executives at Lordstown Motors Corp. sold off chunks of stock in the electric-truck startup ahead of reporting financial results, according to regulatory filings disclosing the transactions. (Ben Foldy via Wall Street Journal)
Insight Partners Invests $15 Million Into Minority-Led Early-Stage Firms .As a managing director of VC firm Insight Partners, Richard Wells feels the weight of his privilege. The son of an Ecuadorian immigrant mother, but who looks and carries the name and appearance of his white father, Wells knows that how he passes has helped his career. (Rebecca Szkutak via Forbes)
China's PBOC Orders Alipay, Banks Not to Assist Crypto Business. China said Monday it had ordered domestic banks and Ant Group Co. payment platform Alipay not to provide services linked to trading of virtual currencies, tightening the reins on the cryptocurrency industry yet again. (Bloomberg)
As offices shut down for Covid, workers bought vans and hit the road -- and some don't want to return. A number of workers have used the freedom of working remotely during the pandemic to leave behind their sedentary housing and move full-time into vans. (Salvador Rodriguez via CNBC)
👋 Hello. We're Newslit
Want to stay on top of your Industry News? Newslit next-generation news monitoring tool makes it easy to monitor the web for breaking news headlines and interesting new content to help you hone in on your industry, competitors and brands for accurate market research.
Also, follow us on Twitter and check in through the day to find out what’s interesting in Media & Journalism