A judge dismissed the billionaire’s far-reaching claims as “absurdly broad”. Also: SpaceX and T-Mobile join forces to end mobile dead spots and Sony Playstation is getting more expensive.
Good morning! While you slept, work continued elsewhere in the digital scene.
The top topics:
Twitter only has to release certain data in the dispute over the planned purchase by Elon Musk. A US court in the state of Delaware ordered Twitter to release the data from 9,000 user accounts used to investigate fake accounts last year. The Tesla boss had previously requested this. However, the judge rejected other claims by the billionaire as “absurdly broad”.
The proportion of fake Twitter accounts is a major issue in the legal battle over whether Musk is obligated to go through with the $44 billion acquisition. Musk accuses the short message service of withholding details on how the number of spam accounts is calculated. After the verdict became known, Twitter shares rose one percent. [Mehr bei Handelsblatt, The Information und Wall Street Journal]
On Gründerszene you read today: For many employees, it is about getting as much salary as possible. With Sumit Kumar it was 300,000 euros a year. But then he quit his job to work full-time on his startup idea: Mit Parks the founder only managed his own investments and now those of 145,000 users. [Mehr bei Gründerszene+]
And here are the other headlines of the night:
T-Mobile US will work with in the future SpaceX teamed up to provide satellite phone service in remote parts of the United States. T-Mobile CEO Mike Sievert announced the partnership along with SpaceX founder Elon Musk. The service will launch next year and will work with existing phones, he said. SpaceX’s Starlink division provides broadband internet services to households in rural areas not served by landline providers. The company has a fleet of approximately 2800 satellites. T-Mobile intends to offer the service as part of its most popular plans, but didn’t reveal pricing details. [Mehr bei Bloomberg und CNBC]
Sony has increased the price of its Playstation 5 console by up to 10 percent in Europe, Japan, China and other key markets. Rising inflation and a falling yen are forcing the company to break with its years-long marketing strategy. In a blog post announcing the price increases, Sony Interactive Entertainment head Jim Ryan described the move as “a necessity given the current global economic environment.” At a similar point in previous console cycles, a price cut would have been the most likely next step given the upcoming holiday season. [Mehr bei Financial Times und CNBC]
The sales of Peloton dropped dramatically in the quarter ended June. Revenue for the quarter fell 28 percent year over year to $679 million. The bottom line was a shortfall of $1.24 billion. The disappointing results erased the stock gains Peloton posted on Wednesday, when the company announced it was abandoning its direct-to-consumer-only strategy and selling its wares on Amazon. Peloton stock plummeted nearly 20 percent on Thursday. [Mehr bei The Information]
The grocer Doordash has confirmed a data breach. A blog post said malicious hackers stole third-party employees’ credentials, which were then used to gain access to some of Doordash’s internal tools. The attackers accessed the names, email addresses, delivery addresses and telephone numbers of Doordash customers. For a “smaller subset” of users, the hackers also accessed payment information, including card type and the last four digits of the card number. [Mehr bei Techcrunch]
Google will clearly label US medical facilities that offer abortions in its search results and on Google Maps so as not to confuse them with anti-abortion centers. Google’s announcement follows a letter from two senior US politicians urging Alphabet CEO Sundar Pichai to stop misleading Google searches directing users to anti-abortion centers. [Mehr bei Axios, Reuters und Wall Street Journal]
Our reading tip on Gründerszene: Björn Henning is CEO of the startup Shoepassion. His company was on the brink of collapse. How did he save her? [Mehr bei Gründerszene+]
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