UK regulators want to call the deal a merger, though...
Wednesday, September 4, 2024 | | | Welcome to TechCrunch AM! This morning, we've got some educated guesses about what might go down at Apple's event next week; wondering if Big Tech has found the loophole for avoiding antitrust scrutiny; and details on a cool €200 million climate tech fund. We've also got notes on Lyft going all-in on bikeshare; reMarkable's latest tablet; Spotify's daylist coming to the rest of the world; and Snapchat for old people. Let's go! — Rebecca | | | 1. What to expect when you're expecting AI: Apple's much anticipated iPhone 16 lineup reveal is happening next week at an event called "It's Glowtime." But what else can we expect from it? Brian Heater has got some educated guesses. Read More 2. A green light for reverse acqui-hires: The U.K. has given Microsoft the go-ahead to acquire the team behind Inflection, saying the deal doesn't raise competition concerns. Regulators did classify the deal as a merger, though. Read More 3. Climate tech gets a boost: Dutch firm SET Ventures is one of the OG climate tech venture firms, and it just closed a €200 million fund to invest in up to 25 European startups that want to make renewable energy mainstream. Read More | | | 🚲 Lyft's bikeshare future: The ride-hail giant sees its bikeshare business as the source of future profits, and it is restructuring teams and finances to streamline its different bike and scooter businesses, with a focus around docked stations. No more free-roaming scooters for Lyft. Read More 💱 Rethinking money flows: Palm, a startup founded by Uber and PayPal alums, just raised a $6.1 million seed round to make it easier for enterprises' treasury teams to manage cash. Its platform lets businesses move money between hundreds of bank accounts and subsidiaries. Read More 🩻 The future of privatized healthcare: Sweden-born Neko Health, co-founded by Spotify's Daniel Ek, is bringing its tech-focused preventative health solution to London. Full-body scans with AI-powered insights for just £299. Read More 🎶 doomy fuzzed out wednesday morning: What's all this AI for, if not to spoon-feed you a personalized music feed throughout the day that aligns with your listening preferences? Enter Spotify's daylist feature, now available globally. Read More 📱One step closer to the ideal comic book reader: reMarkable's new Paper Pro tablet adds color and capabilities without too many distracting features. One could say it does a fair bit to advance the company's efforts to combine PC and paper. Read More 🧐 AI agent-adjacent: You.com isn't trying to compete with Google in the AI search department. With a fresh $50 million in the bank, the startup is refocusing to build a "productivity engine." Read More | | | 🥵 Modern problems need modern coping mechanisms: If you've ever spent a summer in a city where you could cook an egg on a hot sidewalk, you know that climate change hits urban areas harder. Now Google's got a new AI-based tool that could help cities take steps to mitigate the impact of extreme heat, per Axios. Read More 🛰️ Starlink complies with Brazil: After initially refusing to comply with Brazil's top court, Elon Musk's satellite firm has ceded ground and agreed to block access to X in the country, reports Reuters. Read More 🔮 Vaya con Dios, Miami: "Two years and a crypto meltdown later," a16z is shutting down its Miami office, reports Bloomberg. It's the latest indicator that funding to Miami-based companies has flagged since 2022's crypto hype. Read More | | | Image Credits: TechCrunch | 🫰 Snapchat for old people: Snapchat's user design changes have alienated older users over the years, which has stagnated the company's growth. Now, Snap might test a simplified redesign in order to win back those of us who have started using retinol. Read More | | | Featured jobs from Crunchboard | | | Has this been forwarded to you? Click here to subscribe to this newsletter. | | | Update your preferences here at any time | | Copyright © 2024 TechCrunch, All rights reserved.Yahoo Inc. 110 5th St,San Francisco,CA | | | | |
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