📰 The Tragic Decline of 'Free' News
Plus: Lawsuits Allege This Startup Ripped Off Millions From Vendors, Intel Is in Talks to Be an Anchor Investor in Chip Designer Arm and more ...
Today’s pick
The Tragic Decline of 'Free' News. It’s Not a Good Sign When People Who Don’t Pay for News Have So Little to Choose From. In a recently published profile of the former CNN executive Jeff Zucker, a tidbit of news caught my eye.… (Lydia Polgreen / The New York Times)
“The advertising dollars that once underwrote ambitious mass journalism are now stuffing the pockets of technology billionaires,” - Lydia Polgreen(@lpolgreen)
Lawsuits Allege This Startup Ripped Off Millions From Vendors. Andreessen Horowitz Backed The Former CEO's New Company Anyway. In May, Andreessen Horowitz general partner Julie Yoo told Forbes the firm was being “very rigorous about choosing how to pick our bets” in the generative AI space. (Katie Jennings / Forbes)
Andreessen Horowitz co-led a $50M investment in Hippocratic AI backing Munjal Shah for a second time - Katie Jennings(@katiedjennings)
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Intel Is in Talks to Be an Anchor Investor in Chip Designer Arm's IPO. British chip designer Arm Ltd., backed by SoftBank Group Corp., is in talks with potential strategic investors including Intel Corp. to anchor what will be one of the largest initial public offerings of the year, according to people familiar with… (Liana Baker / Bloomberg)
SoftBank-backed Arm is in talks with Intel about anchoring an IPO that could raise as much as $10 billion - Bloomberg(@business)
U.S. Spy Agencies Buy Vast Quantities of Americans' Personal Data, Report Says. The vast quantities of Americans' personal data available for sale has provided a rich stream of intelligence for the U.S. government but has created significant threats to privacy, according to a report newly released by the… (Byron Tau / Wall Street Journal)
In a report quietly released on Friday, the U.S. intelligence community acknowledged that the breadth and depth of data available for sale on… - Byron Tau(@ByronTau)
No One Knows Exactly What Social Media Is Doing to Teens. Late last month, the U.S. surgeon general issued an advisory —a format reserved for public-health issues that demand the nation's immediate attention. “Nearly every teenager in America uses social media,” (Kaitlyn Tiffany / The Atlantic)
Been thinking about this one for a very long time!! can big tech really have its "big tobacco moment" when, despite the ubiquity… - Kaitlyn Tiffany(@kait_tiffany)
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