Head of Instagram Adam Mosseri said Threads would not encourage politics or "hard news" due to associated scrutiny and negativity risks - Link
Bloomberg sources: Apple is planning a slow, appointment-only retail rollout of its Vision Pro headset - Link
Gemini, a crypto exchange, has sued Barry Silbert's Digital Currency Group, with Gemini Co-Founder Cameron Winklevoss calling Silbert "the architect and mastermind of the DCG and Genesis fraud against creditors." - Link
China's central bank fined Ant Group ~$984M after two years of probes into the company, which was founded by Jack Ma - Link
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Lon joins Jason to extract the business lessons from the film Blackberry (2:19). The two discuss the company’s rise and fall, the benefits of having multiple co-founders (9:11), the psychology of framing (23:05), knowing when to "fake it 'til you make it" (56:19) and much more! - Link
data.ai data: Twitter alternative Bluesky surpassed 1M downloads across iOS and Android devices - Link
Food delivery platforms Uber, DoorDash, Grubhub, and Relay have sued NYC over a new pay standard, which would require gig platforms to pay food delivery workers ~$18/hour, which would increase to $20/hour by 2025 - Link
Twitter is threatening to sue Meta over its new Threads product, accusing the company of poaching former employees and misappropriating trade secrets to create a copycat app - Link
Telexistence, a Tokyo-based startup building AI-powered robotic arms for retail and logistics applications, raised a $170M Series B from SoftBank, Airbus Ventures, and others - Link
This Week in Startups
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