Media Acquisitions and Tech Shifts

Apple could have encrypted iCloud backups… but didn’t… ostensibly to play nice with the government? Getting an Uber from the airport is about to get more expensive. Digital media is actually making money??!! Is IGTV on the way out? Some interesting raises and (potentially) the most consequential lawsuit in Silicon Valley history.

Sponsors:

• DoubleUp.agency
• Zapier.com/ride

Links:

• Exclusive: Apple dropped plan for encrypting backups after FBI complained - sources (Reuters)
• Uber Tests Feature Allowing Some California Drivers to Set Fares (WSJ)
• A true digital media publishing breakthrough (Axios)
• Spotify in Early Talks to Buy Sports and Pop-Culture Outlet the Ringer (WSJ)
• Instagram drops IGTV button, but only 1% downloaded the app (TechCrunch)
• DARPA-backed Soft Robotics raises $23 million for autonomous grippers and sorters (VentureBeat)
• Berlin proptech Home raises €11 million to be tech-enabled middleman between owners and tenants (Tech.eu)
• Snyk raises $150 million at $1 billion valuation for AI that protects open source code (VentureBeat)
• Apple lawsuit tests if an employee can plan rival startup while on payroll (Reuters)

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