Creators

That’s less than the $20 billion Adobe offered for the design platform company nearly two years ago, but investors buying in the secondary share sale included Coatue Management, General Catalyst Partners, Andreessen Horowitz, and Eddy Cue.

Figma left the Adobe deal with a $1 billion breakup fee, which, along with a big redesign, is part of why CEO Dylan Field remains optimistic.

The EU’s General Court has ruled that TikTok parent company ByteDance meets the required user threshold to be a “gatekeeper” under the Digital Markets Act.

TikTok has claimed it wasn’t valuable enough, and failed to obtain interim measures to avoid having to comply with DMA rules while it appealed the designation. The decision can still be appealed to the European Court of Justice.

In a wide-ranging interview with Bloomberg, the former president once again expressed support for the Chinese-owned juggernaut facing a ban in the US:

“Now [that] I’m thinking about it, I’m for TikTok, because you need competition. If you don’t have TikTok, you have Facebook and Instagram — and that’s, you know, that’s Zuckerberg.”

Bloomberg says he’s still stung by Facebook’s ban after the events on January 6th, 2021. “All of a sudden, I went from number 1 to having nobody,” said Trump, without feeling it necessary to challenge Zuck to a cage fight.

A core trope of Verge coverage over the years is that copyright law is the only functional regulation on the US internet, because it allows various actors to demand content takedowns without worrying about that pesky First Amendment.

Anyway, Splice, a company which sells music samples and beats, got upset at Krystle Delgado, a copyright attorney and YouTuber, for showing one of their license agreements during a livestream, and issued a YouTube copyright strike over it. Her response video is pretty good — and neatly demonstrates the pressures and complexity independent creators face trying to do what would otherwise be straightforward journalism.

That’s according to YouTuber Taki Udon who’s been teasing the mod they’ve created for months and today shared a proof-of-concept video demonstrating a Switch Lite with a much improved OLED display.

There’s no word on availability, but with a confirmed price tag under $50 and an upgrade process that’s described as, “very easy,” we’re very tempted.

The tech giant and comedian Dax Shepard agreed to an $80 million deal for his Armchair Expert podcast, The Wall Street Journal reports. Spotify had landed the show as an exclusive in 2021 before allowing it to be on other platforms last year.

Creators like MKBHD, Logan Paul, Kai Cenat, Pokimane, and Valkyrae will vie for $1,000,000, according to MrBeast. He says the video will go live on Saturday.

In June, MrBeast posted a group photo featuring the creators in the competition — there are a lot more that I didn’t name here!

Streamers will be able to drop in on each other with Stream Together, clips are getting a more optimized creation flow, and the platform’s enhanced broadcasting feature will soon be available for all streamers to try, among other things.

Twitch is also making a “Streamer Achievement Program. Streamers will get statues after their channel reaches certain milestones for hours watched.

Per a Rolling Stone report with more details about the ban:

YouTube’s former global head of gaming partnerships at Google, Ryan Wyatt, confirmed to Rolling Stone that Beahm was not offered a contract due to chatter about the circumstances of his Twitch ban. He says that a Twitch employee and journalists investigating the incident told YouTube employees that it involved inappropriate messages to a minor.

reports Dexerto. And the San Francisco 49ers are now cutting ties with him, too.

The game studio he co-founded also cut ties, and so did peripheral manufacturer Turtle Beach, following my colleague Ash’s reporting that he sent inappropriate messages to a minor. On Tuesday, he shared his side of the story.