tech:

taffy

Foundation Capital Names Adit Singh Partner

Adit_Singh_Foundation_Capital

Former Comcast Ventures investor Aditya (Adit) Singh has been named a partner at Foundation Capital. In this role, Mr. Singh will focus on identifying and investing in startups specializing in enterprise IT infrastructure, systems, software and services.

During his time at Comcast Ventures, Mr. Singh specialized in companies in the cloud computing, data center, networking, management, security and virtualization sectors. He sourced, executed and helped manage investments in Nebula, Tely Labs and Maginatics. He was also an observer in Compass EOS, ConteXtream, Benu Networks and Immedia Semiconductor. 

Mr. Singh is a former entrepreneur, and co-founder of Bitsplay Systems, a networking appliance company. Prior to joining Comcast Ventures, Mr. Singh served as a product manager at Enphase Energy. Early in his career, he was a chip designer at Cisco Systems.

Just in

Apple sued in a landmark iPhone monopoly lawsuit — CNN

The US Justice Department and more than a dozen states filed a blockbuster antitrust lawsuit against Apple on Thursday, accusing the giant company of illegally monopolizing the smartphone market, writes Brian Fung, Hannah Rabinowitz and Evan Perez.

Google is bringing satellite messaging to Android 15 — The Verge

Google’s second developer preview for Android 15 has arrived, bringing long-awaited support for satellite connectivity alongside several improvements to contactless payments, multi-language recognition, volume consistency, and interaction with PDFs via apps, writes Jess Weatherbed. 

Reddit CEO Steve Huffman is paid more than the heads of Meta, Pinterest, and Snap — combined — QZ

Reddit co-founder and CEO Steve Huffman has been blasted by Redditors and in media reports over his recently-revealed, super-sized pay package of $193 million in 2023, writes Laura Bratton. 

British AI pioneer Mustafa Suleyman joins Microsoft — BBC

Microsoft has announced British Artificial Intelligence pioneer Mustafa Suleyman will lead its newly-formed division, Microsoft AI, according to the BBC report. 

UnitedHealth Group has paid more than $2 billion to providers following cyberattack — CNBC

UnitedHealth Group said Monday that it’s paid out more than $2 billion to help health-care providers who have been affected by the cyberattack on subsidiary Change Healthcare, writes Ashley Capoot.