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Twitter ‘acqui-hires’ the team from subscription news app, Brief

TechCrunch

Twitter’s recent acquisition spree continues today as the company announces it has acqui-hired the team from news aggregator and summary app Brief. While Brief’s ambitious project to fix news consumption showed a lot of promise, its growth may have been hampered by the subscription model it had adopted.

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Daily Crunch: Reddit users discover Apple is raising its battery replacement service fees

TechCrunch

It looks like we are back at it with a long list of news, so let’s get started. TikTok forms its own “Adults Only” room : An ability to restrict TikTok livestreams to adult viewers is now something the social media giant is making available to creators for short-form videos, Aisha reports. The TechCrunch Top 3. Startups and VC.

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Substack announces a $1M initiative to fund local journalists

TechCrunch

While the seemingly unending debate around Substack has focused on well-known writers with a national profile, the newsletter platform just announced that it will be supporting local (presumably non-famous) journalists through a new program. Facebook and Google have also announced programs to support local news.)

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Coinbase goes fishing for OpensSea’s catch

TechCrunch

This week was one of our strongest shows yet, with a wide diversity of news items that were genuinely fun (and complicated) to chew through. Since we tried to keep the show tight, a ton of news was left on the cutting room floor. Equity drops every Monday, Wednesday and Friday morning at 7:00 a.m.

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Generative AI is pushing unstructured data to center stage

CIO

When I think about unstructured data, I see my colleague Rob Gerbrandt (an information governance genius) walking into a customer’s conference room where tubes of core samples line three walls. His client gestures around the room and says, “This is mission-critical information. What’s different now?

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Equity Monday: Good vaccine news, three rounds, and why IPOs are trending

TechCrunch

This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. New, good vaccine news is boosting stocks and hopes that the pandemic could be brought under control next year.

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Clubhouse closes an undisclosed $4B valuation Series C round, as tech giants’ clones circle

TechCrunch

The funding comes as Twitter, Spotify, Facebook, Telegram, Discord and LinkedIn are all prepping similar features to Clubhouse’s live audio streaming rooms, which has attracted attention for hosting live chats with the likes of Elon Musk and Mark Zuckerberg.

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