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February 25, 2021, 11:10 AM
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| Alex Leary / Wall Street Journal: |
Biden signs an EO mandating a 100-day review of supply chains, including for semiconductors and rare-earth metals, amid chip shortages — The president signed an executive order with the aim of eventually increasing domestic production of critical materials
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The White House, Financial Times, CyberScoop, Reuters, The White House, Insider, The Register, Protocol, GeekWire, Micky, Politico, Washington Post, Philip Elmer‑DeWitt, Nikkei Asia, CNBC, Los Angeles Times, NBC News, TechRadar, GamesIndustry.biz, iTnews, HPCwire, Android Central, Windows Central, New York Times, and Ars Technica
| Daniel Van Boom / CNET: |
Australia passes news bargaining code that will require digital platforms like Google and Facebook to pay local media outlets and publishers for their content — Australia on Wednesday passed a new media law that had generated noisy pushback from internet giants Google and Facebook …
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Axios, BBC, Windows Central, CNN, The Verge, TechCrunch, Associated Press, The Guardian, Treasury Ministers, Variety, Sydney Morning Herald, Gizchina, Pocket-lint, Daily Maverick, iTnews, South China Morning Post, Livemint, 7NEWS.com.au, 9News, CNBC, Daily Telegraph, iTnews, Reuters, ABC, Parliament of Australia, and InnovationAus
Tweets: @joshfrydenberg, @jason_kint, @pollytics, @margaretsimons, @drivenbyboredom, and @matthewstoller
| Richard Lawler / Engadget: |
ViacomCBS says Paramount+ will cost $5/month with ads and $10/month without ads; the ad tier will be available in June while the ad-free tier starts on March 4 — ViacomCBS has a ‘mountain of content’ on the way to streaming, including a ‘Halo’ series and ‘Beavis and Butthead.’
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Deadline, Gizmodo, BGR, Light Reading, and CNET
Tweets: @quinnypig, @tomleykis, @techdeals_16, and @engadget
| Jeff John Roberts / Decrypt: |
Coinbase files its S-1, reveals profit of $322M in 2020 on $1.2B in revenue, up from a loss of $30M in 2019 on $533M in revenue — The recent Bitcoin bull run helped Coinbase pull in a profit of $322 million on revenues of over $1.2 billion in 2020, putting the cryptocurrency giant …
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TechCrunch, The Verge, TechCrunch, theblockcrypto.com, Bloomberg, CoinDesk, and CNBC
| Manish Singh / TechCrunch: |
India issues tougher rules for tech firms and streaming services like Facebook, Twitter, WhatsApp, and Netflix over resolving user complaints and more — India announced sweeping rules to regulate social media firms, streaming services, and digital news outlets, joining a handful of other nations …
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Wall Street Journal, The Verge, The Economic Times, Entrackr, Entrackr, The Next Web, pib.gov.in, Bloomberg, Financial Times, TechRadar, and Variety
Tweets: @ericbellmanwsj, @evelyndouek, @thekarachikid, @mattnavarra, @rsprasad, @givenality, @prakashjavdekar, @chrizap, and @shefvaidya
| Megan Graham / CNBC: |
Facebook launches a TV, radio, and digital ad campaign in support of personalized ads called Good Ideas Deserve to be Found, ahead of Apple's IDFA changes — - Facebook is launching a new ad campaign called “Good Ideas Deserve to be Found,” which makes a case for personalized advertising.
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About Facebook, Reuters, TechCrunch, 9to5Mac, MacRumors, AdExchanger, Neowin, iDownloadBlog.com, and NBC News. Tweets: @megancgraham
| Sean Hollister / The Verge: |
Tech retailer Fry's Electronics announces it will cease operations effective immediately, blaming industry changes and the pandemic — Your best buys are no longer at Fry's, guaranteed — Fry's Electronics, one of the last big brick-and-mortar electronics store chains in the United States …
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HotHardware.com News, Wired, Ars Technica, KRON4, 9to5Mac, Debugger , Fast Company, New York Times, GeekWire, NBC New York, East Bay Times, Newsweek, SFGATE, Mercury News, The Register, Mercury News, Looper, International Business Times, MacDailyNews, Silicon Valley Business …, and Game Rant
Tweets: @adamnash, @wired, @jamesgunn, @highlyspammable, @kvox, @ryansmithat, @laurengoode, @jonmchu, @jalajboy, @chancehmiller, @narillan, @grady_booch, @avidanross, @helladislike, @benbajarin, @penguinsix, @vitalvegas, @rajivayyangar, @kenyaw, @scannerfremont, @therebeccasun, @strngwys, @originalspin, @theperezhilton, @cruickshank, @lizthegrey, @shannonwoodward, and @backlon
| Rachel Lerman / Washington Post: |
Sources: Parler investor Rebekah Mercer, who controlled 2 of 3 board seats in early February, is increasingly exerting control since the founding CEO's exit — Mercer, whose family also invested in right-wing news site Breitbart, controls two of the three board seats at the company
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Fortune
| Lauren Feiner / CNBC: |
SEC Filing: Twitter says it aims to have 315M monetizable DAUs by the end of 2023 and to at least double annual revenue to $7.5B by then; stock up 7%+ — - Twitter said on Thursday it aims to have 315 million monetizable daily active users by the end of 2023. — It also aims to at least double its annual revenue in that year.| Kyle Wiggers / VentureBeat: |
Otter.ai, which offers an AI-based transcription service, raises $50M Series B, including $10M in convertible notes, led by Spectrum Equity — AI transcription startup Otter.ai today announced it has raised $50 million in a series B round that includes $10 million in convertible notes and was led by Spectrum Equity.
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TechCrunch
| Ingrid Lunden / TechCrunch: |
Terminus, a B2B marketing service that combines sales and marketing functions, raises $90M Series C, sources say at a valuation of around $400M — Sales and marketing are often considered a single category on a business plan, but ironically, when it comes to building apps and services to help with them … | Lauren Kaori Gurley / VICE: |
Amazon is sending postal mail to warehouse workers in Bessemer, Alabama urging them to “VOTE NO” on unionization, and has also pushed anti-union ads on Twitch — A mysterious new USPS mailbox has appeared on Amazon property amid a historic union drive in Bessemer, Alabama.
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Input and Insider
Tweets: @moreperfectus, @jordanuhl, @bigblackjacobin, @phirephoenix, @jason_koebler, @sgaibrie, @jomc, and @bigblackjacobin
| Yogita Khatri / The Block: |
Sorare, an ethereum-powered marketplace for creating and trading football NFTs, raises $50M Series A led by Benchmark — Quick Take — NFT marketplace Sorare has raised $50 million in Series A. — The round was led by Benchmark, with participation from Accel, Reddit co-founder Alexis Ohanian …
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Sorare, Tech.eu, CoinDesk, FinSMEs, EU-Startups, Cointelegraph, cryptodaily.co.uk, and Crypto Briefing
| Ben Schoon / 9to5Google: |
Smart TVs running Google TV will come with a Basic mode that strips smart features from the TV — Google TV is the company's next effort to rule the living room, picking up on the progress that Android TV made over half a decade. The first smart TVs running on top of Google TV have yet to hit the market …
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CNET, Android Authority, The Verge, PCMag, BGR, Android Central, and Neowin
| Maggie Fitzgerald / CNBC: |
GameStop shares closed up nearly 104% on Wednesday, halting twice for volatility; GameStop said on Tuesday its CFO will resign — - GameStop announced Tuesday that its chief financial officer Jim Bell will resign on March 26. — Sources familiar with the matter told Business Insider …
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Insider, Ars Technica, The Verge, Bloomberg, GamesIndustry.biz, CryptoGlobe, Gizmodo, PC Gamer, The Verge, MarketWatch, The Motley Fool, IGN, Barron's Online, RT, InvestorPlace, Fox Business, Kotaku, Mashable, and Game Rant
Tweets: @jon_bois, @caroljsroth, @jamestitcomb, @linuswilson, and @levynews
| Bloomberg: |
FCC reveals that for its 5G licenses auction, Verizon spent the most of any carrier with $45.5B, followed by AT&T with $23.4B, and T-Mobile with $9.3B — - AT&T is second at $23 billion in bids, followed by T-Mobile — FCC releases results of so-called C-band airwaves sale
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The Verge, Federal Communications Commission, The Register, CNET, Wall Street Journal, Light Reading, TechSpot, phonearena.com, Telecoms.com, Android Central, Executive Gov, MarketWatch, and Reuters
Tweets: @dcseifert, @sub8u, @backlon, and @notdan
| Rafael Frankel / About Facebook: |
Facebook says it is banning all Myanmar military and military-controlled entities from Facebook and Instagram, and ads from military-linked commercial entities — Myanmar military banned from Facebook and Instagram with immediate effect. — Today, we are banning the remaining Myanmar military …
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Engadget, The Hill, New York Times, Forbes, ZDNet, Bloomberg, Associated Press, Reuters, Washington Post, and BBC
| Michael McSweeney / The Block: |
Optimism, which plans to help scale the Ethereum blockchain with a Layer 2 protocol, raises $25M Series A led by Andreessen Horowitz — Optimism, a startup focused on the scalability of the Ethereum blockchain network, has raised a $25 million Series A funding round led by Andreessen Horowitz.
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Andreessen Horowitz, Cryptonews, coinspeaker.com, Cointelegraph, and CoinDesk
Tweets: @optimismpbc, @optimismpbc, @ariannasimpson, @ljxie, and @a16z
| Anthony Ha / TechCrunch: |
Stockholm-based Memmo.me, which allows users to pay celebrities for personalized video messages, raises $10M Series A — Memmo.me, a startup allowing users to pay celebrities for personalized video messages, is announcing that it has raised $10 million in Series A funding.| Cherlynn Low / Engadget: |
Microsoft announces industry cloud packages for financial services, available in March, and for manufacturing and nonprofits, available in June — new Industry Cloud service with a suite of tools for the healthcare sector last year and unveiling a Retail-specific version in January, Microsoft is ready to introduce more areas of focus.
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The Official Microsoft Blog, Protocol, TechRepublic, Microsoft, and TechRadar
Tweets: @jp_courtois and @satyanadella
| Kyle Wiggers / VentureBeat: |
Armorblox, which protects enterprise communications using AI, raises $30M Series B led by Next47, bringing its total raised to $46.5M — Armorblox, a cybersecurity startup using natural language understanding to protect enterprise communications, today announced that it raised $30 million in series B venture capital funding.
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Crunchbase News
| Ingrid Lunden / TechCrunch: |
US private equity firm Francisco Partners acquires online genealogy tracking pioneer MyHeritage, source says for $600M — Genealogy tracking online is a big business, and today comes some M&A news for one of the bigger names in the field. TechCrunch has learned and confirmed … | Jon Porter / The Verge: |
Amazon says its Luna cloud gaming service is available to try for free in the US on select Fire TV devices, after launching as invite-only last year — And anyone in the US can also buy a Luna Controller — Amazon's cloud-gaming service, Luna, is now available to try for free in the US …
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Amazon Luna, CNET, HotHardware.com News, SlashGear, Wccftech, AFTVnews, and Pocket-lint
| Stephanie Condon / ZDNet: |
Nvidia beats with Q4 revenue of $5B vs. $4.8B expected, up 61% YoY, data center revenue of $1.9B, up 97% YoY, and gaming revenue of $2.5B, up 67% YoY — The GPU maker beat Q4 market expectations with record sales in its two key areas of business. — Nvidia on Wednesday published fourth …
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NVIDIA, HotHardware.com News, AnandTech, The Verge, TechSpot, The Register, CoinDesk, SiliconANGLE, CRN, Financial Times, Insider, MarketWatch, VentureBeat, and CNBC. Tweets: @patrickmoorhead
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