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August 16, 2019, 10:35 AM
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| Jeff John Roberts / Fortune: |
Coinbase has acquired the custody business of Xapo, a service best known for storing bitcoins in a vault under a Swiss mountain; source says for $55M — Cryptocurrency firm Coinbase has acquired the custody business of Xapo, a service best known for storing Bitcoins in a vault under a Swiss mountain.
More:
The Coinbase Blog, Crunchbase News, InsideBitcoins.com, Coinspeaker, Bitcoinist.com, CryptoSlate, ALTCOIN MAGAZINE, CryptoGlobe, CoinDesk, The Block, and Cointelegraph
Tweets: @annelisebitaml, @coinbasecustody, @jeffjohnroberts, and @alex
| Juli Clover / MacRumors: |
Apple sues mobile device virtualization company Corellium, accusing it of copyright infringement for illegally replicating iOS, along with iPhone and iPad apps — Apple today filed a lawsuit against Corellium, a mobile device virtualization company that supports iOS.
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Bloomberg, TechCrunch, ZDNet, AppleInsider, iPhone in Canada Blog, Forbes, Business Insider, United States District …, The Mac Observer, MACお宝 …, Firstpost Tech, Cult of Mac, Patently Apple, MacDailyNews, The Loop, 9to5Mac, and Slashdot
Tweets: @lorenzofb, @macrumors, @dcuthbert, @msuiche, @ibsparkes, @josephfcox, @kifleswing, @juanandres_gs, @nepetadev, @ryanaraine, @stroughtonsmith, and @i0n1c
| Hilary Milnes / Digiday: |
Sources and a leaked pitch deck indicate that Amazon may have offered vendors the ability to bid for an Amazon Choice badge in 2017 — Amazon has previously offered vendors the ability to “bid” for an Amazon's Choice badge by lowering prices and spending more money on advertising … | Biswarup Gooptu / The Economic Times: |
India-based Twitter-like platform ShareChat, which supports multiple regional languages, raises $100M round led by Twitter, sources say at $600M-$650M valuation — Regional language social networking platform ShareChat has completed a $100 million (about Rs 718 crore) equity financing round led …
More:
TechCrunch, MIT Technology Review, BuzzFeed News, Silicon Republic, and Seeking Alpha
Tweets: @pranavdixit and @nixxin
| Elizabeth Lopatto / The Verge: |
A close reading of the S-1 of the soap opera that is The We Company, a “tech company” whose mission “is to elevate the world's consciousness” — On August 14th, The We Company (the company formerly known as WeWork) filed its mandatory S-1 paperwork to go public, and it's worth reading in full.
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Vox, Bloomberg, Fortune, Medium, Observer, Wired, Crunchbase News, Bloomberg, Vox, PYMNTS.com, and The Overspill
Tweets: @seldo, @seldo, @tomfgoodwin, @davidgerard, @rsms, @americanwombat, @kameronhurley, @nxthompson, @carnage4life, @karnythia, @betterthemask, @jcoviedo6, @aarrogan, @eugenewei, @bogdana, @charlesarthur, @dhh, @tariqkrim, @adamsinger, @eveb, @alex, @backlon, and @mathewi
| Karen Yue / Amazon Developer Services: |
Amazon launches “Custom Interfaces”, a new API that allows developers to connect gadgets and smart toys with Alexa-enabled devices to create new interactions — Since launching Alexa more than four years ago, customers have purchased more than 100 million Alexa-enabled devices … | Charlie Savage / New York Times: |
In a letter to Congress, the Trump administration asks lawmakers to reauthorize a law that lets the NSA gain access to logs of phone and text records — The White House is seeking reauthorization of a law that lets the N.S.A. gain access to logs of Americans' phone and text records …
More:
Federal Computer Week. Tweets: @charlie_savage, @justinamash, @jameeljaffer, @nytimes, @vincewarren, and @bradmossesq
| David Frankel / Founder Collective: |
Overview of startup exits outside Silicon Valley from the past ten years, not including Asian companies: Sweden edges out UK, Boston remains big, more — There's never been a better time to build a company outside the Bay Area — The Bay Area has been the best place to build a startup for the last two decades.
Tweets: @stevecase
| Lawrence Abrams / BleepingComputer: |
Bluetooth SIG issues a security notice for the “KNOB” flaw, which allows hackers to steal data by brute forcing the encryption key used during bluetooth pairing — A new Bluetooth vulnerability named “KNOB” has been disclosed that allow attackers to more easily brute force …
More:
Engadget, 9to5Mac, The Next Web, Forbes, bit-tech.net, and Security Affairs
| Chance Miller / 9to5Mac: |
Apple says its US job footprint reached 2.4M and it is on track to hit its goal of directly contributing $350B to the US economy by 2023 — Apple today has shared an update on its job footprint and growth in the United States. It touts that its US job footprint is 2.4 million people in the US.
More:
Apple, The Mac Observer, PYMNTS.com, AppleInsider, Apple Must, MacRumors, iDownloadBlog.com, Appleosophy, and iMore
Tweets: @stevekovach and @jowens510
| Jeremy Horwitz / VentureBeat: |
Canalys: North American wearables market hit $2B in Q2, as market leader Apple grew 32% YoY with 2.9M units shipped, Fitbit grew 18%, and Samsung grew 121% — In North America, the market for wearables — particularly wearable bands — is still continuing to grow, and Apple's popular Apple …
More:
Canalys, TechSpot, Firstpost Tech, Wareable, Neowin, Android Authority, iMore, TechCrunch, and Android Police
| James Sanders / TechRepublic: |
After the latest firmware update, some Surface Pro 6 and Surface Book 2 devices are throttling CPU speeds to 400 MHz; Microsoft says it is working on a fix — User reports indicate that an erroneously set CPU flag is sending Intel Core processors back into the Pentium II age.
More:
BetaNews, Thurrott, Lifehacker, TechSpot, ExtremeTech, Pureinfotech, Engadget, Softpedia News, SlashGear, Neowin, Tom's Hardware, TechRadar.com, The Verge, MSPoweruser, OnMSFT.com, WinBuzzer, and Windows Central. Tweets: @techlinkedyt. Thanks:@jas_np
| Aric Toler / bellingcat: |
A deep dive into Amazon FC Ambassadors program finds 53 Ambassador accounts in seven countries, some of which are using fake identities and recycling accounts — On August 14, a Twitter thread that included a small army of “Amazon FC Ambassadors” went viral, bringing to light Amazon's year-long social media brand ambassador program.
More:
New York Times, Business Insider, The Verge, Adweek, Engadget, and BuzzFeed News
Tweets: @bellingcat, @bellingcat, @went1955, @rasmus_kleis, @lostfutures, @zackwhittaker, and @bellingcat
| Nat Levy / GeekWire: |
Flyhomes raises $21M Series B and $120M in debt for its platform that lets buyers make upfront cash offers for a house, and then helps them sell their own homes — Seattle real estate startup Flyhomes is reloading its war chest with $141 million in new funding to carve out a spot … | Ian King / Bloomberg: |
Nvidia beats Q2 expectations with revenues of $2.58B, down 17% YoY, gaming chip sales of $1.3B, up 24% from Q1, and data center revenues of $655M, up 3% QoQ — - Chipmaker says all markets grew sequentially in quarter — Stock rallies on optimism for end to inventory slump| Jonathan Shieber / TechCrunch: |
Cloudflare files for an IPO, citing sites like 8chan as one risk factor, says it had revenues of $192.7M in 2018, up 43% YoY, and a net loss of $87.2M — The company (which made its debut on TechCrunch's Battlefield stage) has put a placeholder value of the offering at $100 million …
More:
CNBC, ZDNet, TechCrunch, Coinspeaker, Bloomberg, TheStreet, Business Insider, The Verge, and Crunchbase News
Tweets: @metacurity and @jordannovet
| Karl Bode / VICE: |
Google says data from its new “Password Checkup” Chrome extension shows that 1.5% of all website logins use credentials that have been compromised — New ‘Password Checkup’ Chrome extension found 1.5 percent of all website logins use compromised credentials, a figure that's higher for porn websites.
More:
Google Online Security Blog, The Next Web, bit-tech.net, The Overspill, BleepingComputer, and MacDailyNews
Tweets: @karlbode, @brooklyndan, @campuscodi, @deciphersec, and @ericgeller
| Akanksha Rana / Reuters: |
Report: Alibaba to buy NetEase's Kaola, one of the biggest Chinese shopping sites for imported goods, for $2B in cash — (Reuters) - Alibaba Group Holding Ltd has agreed to pay $2 billion in cash to buy Chinese e-commerce firm Kaola, local news outlet Caixin reported on Friday. (bit.ly/2HcCI6C)Sponsor Posts
Google:
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Introducing the UiPath Platform™ for agentic automation — UiPath's new platform empowers enterprises to experience the full power of AI to transform industries
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IDrive:
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The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
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