🌤 Stanford Gets $1.1 Billion for New Climate School From John Doerr

Today’s pick

Stanford Gets $1.1 Billion for New Climate School From John Doerr. John Doerr, one of the most successful venture capitalists in the history of Silicon Valley, is giving $1.1 billion to Stanford University to fund a school focused on climate change and sustainability. (David Gelles / The New York Times)

John Doerr @johndoerr

1/ Ann and I are thrilled to announce our collaboration with @Stanford to create its first new school in 70 years – The Stanford Doerr School of Sustainability.

nytimes.comStanford Gets $1.1 Billion for New Climate School From John DoerrThe billionaire venture capitalist said the study of climate change and sustainability would be the “new computer science.”

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Fed raises rates by half a percentage point - the biggest hike in two decades - to fight inflation. The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point as the most aggressive step yet in its battle against generational highs in inflation. Along with the move higher in… (Jeff Cox / CNBC)

Jeff Cox @JeffCoxCNBCcom

BREAKING Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation

cnb.cxFed raises rates by half a percentage point — the biggest hike in two decades — to fight inflationWednesday’s rate hike will push the federal funds rate to a range of 0.75%-1%.

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Social-Media Startups Take Aim at Facebook. And Elon Musk. Elon Musk isn't the only entrepreneur with big ideas about how to fix social media. A growing number of startups are emerging to challenge the status quo. Many of them are rooted in their founders' experiences within the industry's leading giant… (Deepa Seetharaman / Wall Street Journal)

Deepa Seetharaman @dseetharaman

Here’s my story about @halloapp, a startup cofounded ex WhatsApp execs including @neerajarora, and how the service represents a new way of thinking about social media: smaller, fewer features, & a lot more friction. wsj.com/articles/socia…

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TikTok introduces its first ad product to offer a revenue share with creators. TikTok is introducing a new way to lure advertisers to its platform by giving them the ability to showcase their brands' content next to the best videos on TikTok. Ahead of its NewFronts… (Sarah Perez / TechCrunch)

Sarah Perez @sarahintampa

TikTok introduces its first ad product to offer a revenue share with creators:

ift.ttTikTok introduces its first ad product to offer a revenue share with creators – TechCrunchTikTok is introducing a new way to lure advertisers to its platform by giving them the ability to showcase their brands’ content next to the best videos on TikTok. Ahead of its NewFronts presentation to advertisers scheduled for this afternoon, TikTok announced the launch of TikTok Pulse, a n…

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Exclusive: Sonos is about to introduce its own voice assistant. Sonos is preparing to introduce its own voice assistant service within the next few weeks, according to people familiar with the company's plans. The voice functionality will let customers play and control music on Sonos' whole-home audio platform. (Chris Welch / The Verge)

Chris Welch @chriswelch

Scoop: Sonos is nearing the launch of its own voice assistant. Coming June 1st, Sonos Voice will be a privacy-focused alternative to Alexa and Google Assistant. It will work with Apple Music, Amazon Music, Pandora, and others at launch — but not Spotify. theverge.com/2022/5/4/23056…

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— Jose Montes de Oca

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