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Apple discontinues Epic’s account, Meta platforms face outage, and ex-Twitter executives file lawsuit against Elon Musk
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Apple discontinues Epic’s account, Meta platforms face outage, and ex-Twitter executives file lawsuit against Elon Musk

Hey there, welcome to Week in Review (WiR), a rundown of the most significant events in the tech world.

This week, Roku took a tough stance with its users, mandating consent to new dispute resolution terms before they could access their devices. This move forces users with legal grievances against Roku to engage with the company’s lawyers first.

In another development, a leaky database exposed two-factor authentication codes for tech giants like Facebook, Google, and TikTok. YX International, an Asian tech firm, inadvertently revealed a repository containing these security codes, posing a risk to users’ accounts.

Meanwhile, Elon Musk, CEO of X, filed a lawsuit against OpenAI, alleging a departure from its nonprofit mission. Musk, a co-founder and early supporter of OpenAI, accuses CEO Sam Altman and President Greg Brockman of prioritizing profit over the organization’s original goal of developing AI for the benefit of humanity.

Now onto the news highlights:

Epic Games faced a setback as Apple terminated its App Store developer account, citing it as a threat to the iOS ecosystem. The clash between Epic and Apple over app store policies has been a long-standing dispute.

Social media platforms Facebook, Instagram, and Threads experienced a widespread outage, disrupting services for users globally. Meta attributed the issue to technical glitches but provided no further details.

In a separate development, four former Twitter executives, including ex-CEO Parag Agrawal, sued Elon Musk, claiming over $128 million in owed severance payments.

AWS announced unrestricted free data transfers to other cloud providers, following Google’s lead. This move comes amid regulatory scrutiny over cloud lock-in practices.

In funding news, Ema, a startup offering a “universal AI employee” platform, raised $25 million for its enterprise-focused AI-powered services.

On the analysis front, Haje discussed the pitfalls of unwise capitalization, citing a Norwegian hardware startup that compromised its equity for funding, potentially rendering it uninvestable.

In podcasts, Equity covered OpenAI’s clash with Musk and explored updates from the VC firm OpenView, while Found interviewed Advocate founder Emilie Poteat. Chain Reaction featured Dee Goens, co-founder of Zora, discussing blockchain and Ethereum projects.

In a bonus update, Accenture announced its acquisition of learning platform Udacity for $80 million, marking a significant move in the edtech sector.

That wraps up this edition of WiR. Don’t forget to subscribe to receive our newsletter every Saturday!

Pooja Prajapati

I am Pooja Prajapati, a passionate writer specializing in entrepreneurship, technology, and investments. My love for storytelling drives me to create compelling, insightful, and up-to-date content. My mission is to empower my readers by providing them with the resources they need to thrive in the dynamic world of business. Connect with Pooja Prajapati: pooja@founders40.com
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