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  • Adam Neumann's Flow offers "substantially more" than $500M for bankrupt WeWork

Adam Neumann's Flow offers "substantially more" than $500M for bankrupt WeWork

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Top stories today:

  1. Adam Neumann's Flow offers $500M+ for bankrupt WeWork
  2. Florida bans top social media websites for those <14
  3. OpenAI shows off 7 Sora videos made by professional artists
  4. Reddit stock +30% on Mon to $9.5B market cap

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. Adam Neumann's Flow offers "substantially more" than $500M for bankrupt WeWork

2. Florida bans top social media websites for those <14, requires parental consent for 14-15

  • 10% of those <16 uses app 2+ hours a day: social media websites subject to this law.

    • We assume Instagram and TikTok fit this requirement.

  • 3rd-party verification required for new accounts.

  • Jan. 1, 2025: implementation date.

  • Law will likely be challenged on 1st Amendment grounds.

  • Up to $50K penalty per violation.


4. OpenAI shows off 7 Sora videos made by professional artists

5. Reddit stock +30% on Mon to $9.5B market cap, +8% in pre-market

Read more: CNBC.

6. Interesting videos, posts, and memes

7. Other headlines


  • Microsoft Bing head, Mikhail Parakhin, will exit role after Suleyman hire.

  • Zuckerberg personally writing emails to Google engineers for recruiting.

  • iPhone 16 Pro’s A18 Pro chip rumored to boost AI, retain 6-core CPU.

  • FundGuard, AI-powered investment accounting software, raises $100M.

  • San Jose training AI to detect homeless encampments.

  • Prompts Daily: free newsletter on latest Ai tools, trends, and news.*

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  • Canva buys Affinity for $100M’s.

  • Tesla requires Full Self-Driving demo for all prospects in North America.

  • Starlink falling in wrong hands of people in Yemen, Sudan, Kazakhstan.

  • Fisker stock trading suspended by NYSE.

  • citizenM has 14 tech-ready hotels stateside for the best night's sleep of your life.*


Tech & law

  • $4B IN facility to be built by South Korea’s SK Hynix.

  • EU opens probes into Apple, Alphabet, Meta over DMA compliance.

  • TikTok ban not intention: Kamala Harris.

  • X's lawsuit against CCDH thrown out by judge.

  • U.S., UK accuse China-linked hackers of “malicious cyber campaign.”

  • Apple hit with 3+ class actions over iPhone practices, after DOJ case.



  • Boeing CEO Dave Calhoun to step down by year end.

  • Nelson Peltz now backs CEO Bob Iger, says board is problem.


  • FTX customers may receive 120-140% of claim.

  • Ripple CEO says SEC will seek $2B in trial.

    • Co-founder Chris Larsen invested $3.6M+ in SF politics.

  • SEC v. Terraform, Do Kwon civil trial kicks off in NY.

  • Binance Russia's new owner, CommEX, to shut down.

  • Uniswap: making it easier to buy, sell and trade tokens on Ethereum.*

  • tea Protocol: click to subscribe to tea's newsletter and learn more about how to get rewards for your open-source contributions.*


U.S. politics

  • Trump vows to pay bond cut from $545M to $175M, has 10 days.


  • Israel cancels D.C. visit after U.S. doesn't veto UN resolution.

  • UNRWA's future unclear as Arab nations reject funding it.

  • 4 Moscow terrorists appear to be tortured by Russian authorities in videos.

  • Assange: 2 UK judges to decide on extradition appeal today.

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