Twitter denies Musk’s countersuit claims with a lot of snark

Twitter has filed a legal response denying Elon Musk’s counterclaims about the company he’s supposed to acquire — a deal he’s trying to exit by claiming Twitter fraudulently misrepresented the number of fake accounts on the platform. The 127-page document sees Twitter refuti…

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Amazon-owned MGM makes a viral video show with surveillance footage from Amazon-owned Ring

Ring recently came under fire for leaking footage to law enforcement without device owners' permission.

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Digital health unicorn Truepill conducts third round of layoffs in 2022

Sources say Truepill’s entire U.K. team was laid off, as well as a large portion of the virtual pharmacy platform’s product team; the data team was also impacted

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Squaring Databricks’ 2021 valuation as it crosses a $1B annual run rate

With $1 billion or more worth of annualized revenue, what can we learn about Databricks' growth rate, and how well does its valuation slot into current market pricing?

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Robinhood’s hangover, YC’s reduction and Uber’s return to form

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann got together with Maggie this week for our weekly roundup show, and per usual, there was a lot to talk about, including the fact that t…

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Zenno Astronautics wants to move spacecraft around using electromagnets, not fuel

It’s easy to think about satellites as a bunch of mini-moons, orbiting the Earth seamlessly and without any (noticeable) movement. But that’s not quite right: satellites and other spacecraft often require fairly continuous tweaks to their positions in orbit. Historically, the aerospace industry has…

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Empathy is essential for building a loyal team, says Kolors co-founder Anca Gardea

Kolors is following a model that it describes as “if Uber and Southwest Airlines had a baby," providing a technology layer to bus operators to help them operate more smoothly.

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DuckDuckGo removes carve-out for Microsoft tracking scripts after securing policy change

A few months on from a tracking controversy hitting privacy-centric search veteran, DuckDuckGo, the company has announced it’s been able to amend terms with Microsoft, its search syndication partner, that had previously meant its mobile browsers and browser extensions were prevented from bloc…

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Amazon is buying iRobot for $1.7B

Amazon this morning announced plans to acquire iRobot for an all-cash deal valued at $1.7 billion. The home robotics firm, best known for pioneering the robotic vacuum, was founded in 1990 by  MIT Artificial Intelligence Lab members Colin Angle, Rodney Brooks and Helen Greiner. Twelve years after i…

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Startups among entities to face tougher laws as Kenya moves to protect personal data

The registration kicked off after the data protection regulations, providing guidance to be adhered by data controllers and processors, came into effect.

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India seeks antitrust scrutiny of global M&A deals

India is a key overseas market for several global tech giants including Meta and Google. Now it's gearing up to have its voice heard for global M&A deals.

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