Situational awareness: KKR confirms TechCrunch's scoop that it will buy Corel, a Canadian software company that makes WordPerfect amongst others, reportedly for more than $1 billion.
Just a reminder that we'll be off July 4 and 5 in celebration of Independence Day. Instead of fireworks, I offer you these 1,397 words (~ 5 minute read).
Illustration: Rebecca Zisser/Axios
Apple has long prided itself that it knows what consumers want even before they do.
Yes, but: Steve Jobs is long gone and now design guru Jony Ive is out the door, too. That, Axios' Scott Rosenberg writes, has left Apple watchers wondering who there is looking around the next corner and trying to bring innovations to market.
Driving the news: Apple pushed back hard this week against a Wall Street Journal story that portrayed Ive as checked out and disaffected and that declared his departure "cements the triumph of operations over design at Apple."
The big picture: Like the movie directors celebrated by critics as "auteurs" for the personal stamp they placed on factory-generated films, Jobs used technical knowledge, confidence in his own taste and sheer force of will to lead armies of artists and engineers to share his vision.
Between the lines: The Jobs/Ive approach was all about wowing customers with "one more thing" they weren't expecting. But once companies reach Apple's size, they have a hard time surprising people.
Our thought bubble: Each year that goes by without a new home-run innovation from Apple reinforces the Apple-doubters' case. But just one new hit will disprove it.
Go deeper: Apple needs a next act
Take the location-based engine and augmented reality smarts that produced Pokémon Go, mix in the popularity of Harry Potter and you have a guaranteed hit, right?
That's the logic behind Niantic's recently released Harry Potter: Wizards Unite, but early results suggests the new game may have a tough time living up to expectations.
By the numbers: It's down to No. 73 on App Annie's chart of top-grossing iOS apps, far below Pokémon Go at No. 15 and also below a different Harry Potter title from Jam City.
Why it matters: Niantic's goal is to have a platform powering a range of homegrown and third-party-developed titles using its engine. To reach its long-term goals it would ideally like to show it can generate and sustain multiple fan bases simultaneously. It did that to a degree by maintaining its first game, Ingress, even while Pokémon Go took off.
Yes, but: Almost anything will look lackluster compared to Pokémon Go, which was an overnight smash. Even if Wizards Unite isn't an immediate viral hit, it can still be a lucrative game, but it will have to show steady growth over time.
What they're saying: Venture capitalist Megan Quinn, whose firm Spark Capital is an investor in Niantic, says the Harry Potter game needn't match Pokemon's early success.
The big picture: Niantic says it has a multiyear storyline for Wizards Unite and a number of marketing efforts, including promotional tie-ins with AT&T and mall giant Simon plus a live event in Indianapolis over Labor Day.
Email management app Superhuman made headlines last week for raising new venture capital, but now the by-invitation-only service has come under fire for its privacy practices around the use of pixel tracking, Axios' Kia Kokalitcheva reports.
How it works: Pixel tracking allows senders to track emails by forcing a recipient to download a tiny, invisible graphic file when they open the message. Once the image file is downloaded, the sender knows their email was opened — and can also harvest a slew of additional information about the reader.
The controversy centers on a persistent question that faces technology users: Are you okay with trading some (or all) of your privacy in exchange for services that are more convenient, better personalized, and less expensive?
Yes, but: In the case of Superhuman and email pixel tracking, the privacy equation is different.
The bottom line: If Superhuman's aggressive push to spread pixel-tracking into new spheres doesn't spark significant public outcry, it could establish a new norm.
Go deeper: Read Kia's full story.
Photo: SOPA Images/Getty Images
The move followed a Wall Street Journal report detailing examples of posts that promote spammy or misleading health care cures.
Why it matters: Experts cite online misinformation on Facebook and other platforms for creating real-world health problems. Most recently, platforms like Facebook have been blamed for harboring anti-vaccination content, which many argue helped lead to an outbreak of measles cases in the U.S.
Driving the news: Facebook said last month it made two updates to the way it ranks content in its News Feed to reduce posts with sensational health claims or with product sales based on health-related claims.
The big picture: Facebook has mostly figured out how to weed out scam posts that have been uploaded by bots, but it's had a much harder time filtering out content uploaded by humans that doesn't explicitly violate its rules.
Go deeper: Read Sara's full story.
Mo'ne Davis pitches during the 2014 Little League World Series. Photo: Rob Carr/Getty Images
Remember Mo'ne Davis, who stole the show at the Little League World Series a few years back? Well, she's headed off to college this fall and switched to softball. Davis had aspirations to play basketball at UConn, but shifted plans after an ankle injury, per Sports Illustrated.