Archive for September 27th, 2008
links for 2008-09-26
Posted by: amygdala on September 27, 2008
- CA State Assembly approves a bill letting parents sue social media companies if children become "addicted" to the companies' products; bill needs a final vote (Adam Beam/Associated Press)
- SwipeRx, a digital platform for pharmacists in Southeast Asia for daily tasks like purchasing or inventory financing, raises a $27M Series B led by MDI Ventures (Kate Park/TechCrunch)
- Spotify is slowly bringing back political ads on podcasts after pausing them in early 2020, and says it has strengthened its advertiser verification system (Issie Lapowsky/Protocol)
- eBay partners with NFT startup OneOf to launch 13 digital collectibles featuring Wayne Gretzky, and plans more sports NFTs throughout 2022, starting at $10 each (Riley de León/CNBC)
- Snap CEO warns employees the company will miss its Q2 revenue and earnings targets as its growth weakens, and plans to slow hiring; stock drops 29%+ after hours (Kif Leswing/CNBC)
- TikTok plans to roll out Live subscriptions, to let creators generate recurring revenue via payments from their top fans, in beta on May 26 with select creators (Sarah Perez/TechCrunch)
- Sources: Broadcom is in talks to pay ~$140 per share, or about $60B, for VMware, and the companies are aiming to announce the cash-and-stock deal on Thursday (Wall Street Journal)
- Zoom reports Q1 revenue of $1.07B, up 12% YoY, vs. $1.07B est., ~199K Enterprise customers, up 24% YoY, and raises forecasted Q2 and full fiscal year earnings (CNBC)
- The QA team at Activision Blizzard's Raven Software votes 19-3 to unionize, as US labor board prosecutors determined the company "illegally threatened staff" (Patrick Klepek/VICE)
- Sources: Coinbase is testing an app from Ray Dalio's company Principles that lets staff rate each other on how well they exemplify Coinbase's 10 cultural tenets (The Information)
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Amy G. Dala 