Tech Brew Ride Home Tue. 06/15 – Automattic Acquires Day One
Jun 15, 2021
Automattic has acquired the popular journaling app Day One, enhancing its writing tool portfolio. Meanwhile, Stripe is branching out into identity verification with AI technology, increasing investor interest. Netflix is strategizing to evolve into a consumer product powerhouse, intending to emulate Disney. Additionally, Amazon is revolutionizing grocery shopping with its new cashierless store in Seattle. And in a bold move, the inventor of the web is auctioning the original code as an NFT.
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Automattic Acquires Day One
- Automattic acquired Day One, a journaling app, expanding its writing tool collection.
- This adds a privacy-focused tool to Automattic's existing public platforms like WordPress and Tumblr.
Supreme Court and LinkedIn Data Scraping
- The Supreme Court is reviewing LinkedIn's case against third-party data scraping.
- The case revolves around data privacy and the Computer Fraud and Abuse Act.
High Demand for Stripe Shares
- Investors are eager to buy Stripe shares, indicating strong belief in the company's future growth.
- Stripe's tender offer saw bids exceeding $4 billion, highlighting its appeal in the current investment landscape.