July 2023

The Download: metaverse lawyers, and Meta’s twitter clone

July 4, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Job title of the future: metaverse lawyer In a virtual office, lawyer Madaline Zannes conducts private consultations with clients, meets people wandering in with legal questions, hosts conferences, and gives guest lectures. Zannes…

Buy, Hold or Sell: AT&T Inc. (T) vs. InterDigital (IDCC)

July 4, 2023
With the growing demand for high-speed data connectivity amid rapid digital transformation worldwide and increasing government investments, the telecom industry’s growth prospects look promising. Amid this backdrop, let’s find out…

CJEU ruling on Meta referral could close the chapter on surveillance capitalism

July 4, 2023

Mark your calendar European friends: July 4th could soon be celebrated as independence-from-Meta’s-surveillance-capitalism-day… A long-anticipated judgement handed down today by the Court of Justice of the European Union (CJEU) looks to have comprehensively crushed the social media giant’s ability to keep flouting EU privacy law by denying users a free choice over its tracking and […]

CJEU ruling on Meta referral could close the chapter on surveillance capitalism by Natasha Lomas originally published on TechCrunch

Are Stock Fireworks OVER After July 4th?

July 4, 2023
The S&P 500 (SPY) has soared through the first half of the year. Even more impressive are the tech stocks in the Nasaq having a stellar first act on the…

ClickUp, a productivity platform that was last valued at $4B, cuts 10% of workforce

July 4, 2023

ClickUp, the software-as-a-service startup that offers a workforce productivity platform and counts storied investors Andreessen Horowitz and Tiger Global among its backers, has laid off 10% of its workforce. With a total headcount of about 900 employees, it represents approximately 90 people. The company says it looks to become more efficient and be better positioned […]

ClickUp, a productivity platform that was last valued at $4B, cuts 10% of workforce by Jagmeet Singh originally published on TechCrunch

‘GAFAM’ tech giants, ByteDance and Samsung expect to face EU’s rebooted antitrust regime

July 4, 2023

Seven tech giants have informed the European Union that its rebooted antitrust regime — the Digital Markets Act (DMA) — will apply to them. The initial seven, the majority of whom are US-based giants, are: Alphabet (Google), Amazon, Apple, ByteDance (TikTok), Meta (Facebook), Microsoft and Samsung. The DMA takes an ex ante approach to antitrust […]

‘GAFAM’ tech giants, ByteDance and Samsung expect to face EU’s rebooted antitrust regime by Natasha Lomas originally published on TechCrunch

India’s Flipkart begins customer lending in bid to boost sales

July 4, 2023

Flipkart has begun lending to customers, expanding its financing offerings in a move that could potentially boost sales even as its chief rival Amazon has signalled a slowdown in India. The Walmart-owned Bengaluru-headquartered firm, in partnership with lender Axis Bank, is extending a credit of up to 500,000 Indian rupees, or $6,100, according to a […]

India’s Flipkart begins customer lending in bid to boost sales by Manish Singh originally published on TechCrunch