Charleston, SC-based startup Palmetto, which helps consumers calculate potential energy costs and savings by using green tech like solar, raises $29M Series B — Palmetto, a Charleston, S.C.-based clean technology software and fulfillment platform company, completed a $29M Series B funding.
Eric Slivka / MacRumors:
Kuo: iPhone shipments could decline by 25-30% if Apple is forced to remove WeChat from worldwide App Store under Trump's EO — In a worst-case scenario, Apple's annual iPhone shipments could decline by 25-30% if it is forced to remove WeChat from its App Stores around the world …
Lucas Kunce / Pro Market:
While Facebook claims its size helps it defend the US against Chinese companies like TikTok, history shows TikTok succeeded partly due to FB's corporate goals — Tech platforms like Facebook say we should protect, empower, and celebrate their concentrated power for the sake of America's national security.
Wall Street Journal:
Sources: Sequoia, which first invested in ByteDance in 2014 and holds a 10%+ stake, has been pressing its White House contacts to help land a deal for TikTok — TikTok's parent has been looking for a way to keep the video-sharing service alive in U.S. after Trump administration declared the app a national security threat
Ben Smith / New York Times:
Facebook, Google, and Twitter are making the same mistakes big news outlets made decades ago, trying to placate hyperpartisan critics who are “working the refs” — The new referees in American politics are Facebook, Google and Twitter, and they would be wise to pay attention to lessons the old media tried to learn.