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May 13, 2021, 6:30 PM
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| Bloomberg: |
Sources: Colonial paid ~$5M ransom in cryptocurrency within hours of the attack, but the hackers' decrypting tool was so slow that it had to use its own backups — - Payment came shortly after attack got underway last week — FBI discourages organizations from paying ransom to hackers
More:
New York Times, NBC News, Threatpost, CNBC, news.com.au, The Age, Gizmodo, blog.chainalysis.com, CRN, BleepingComputer, The Register, PCMag, Electronic Frontier Foundation, Mashable, Reuters, CyberScoop, The Hill, ZDNet, Decrypt, and Insider
Tweets: @nicoleperlroth, @kimzetter, @kimzetter, @joeconchatv, @bryandeanwright, @chuckwendig, @josephfcox, @iblametom, @dnastacio, @bobonmarkets, @thegrugq, @keitholbermann, @matthew_d_green, @briankrebs, @kimzetter, @kevincollier, @themaxburns, @mkapor, @hshaban, @alexhern, @glengilmore, @bradstone, @quinnypig, and @nycsouthpaw
| Kevin Collier / NBC News: |
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New York Times, Washington Post, CNN, CSO, Protocol, and Threatpost
Tweets: @secgranholm, @fbajak, @secgranholm, @padresj, @kimzetter, @tomroussey7news, @grady_booch, @ericgeller, @mikaelthalen, and @kennwhite
| Tom Schoenberg / Bloomberg: |
Sources: Binance is under investigation by DOJ and IRS; officials involved include those who probe money laundering and tax offenses — - Justice Department, IRS seek information about crypto exchange — The federal agencies haven't accused Binance of wrongdoing
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The Block, Decrypt, Reuters, Forbes, Blockworks, CoinDesk, PingWest, Crypto Briefing, Crowdfund Insider, Bitcoin News, InsideBitcoins.com, cryptodaily.co.uk, Cointelegraph, and Slashdot
Tweets: @binance, @rulexrp, @calvinayre, @hackermanace, @alexsvanart, @mustachetommy, @danprimack, and @adamsinger
| Sean O'Kane / The Verge: |
Elon Musk says Tesla no longer accepts bitcoin for vehicle purchases due to its environmental cost, will look at more environmentally friendly cryptocurrencies — Tesla has stopped accepting bitcoin as payment for its cars out of concern that it will contribute to greater consumption of fossil fuels …
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Fortune, Bloomberg, Forbes, Reuters, CoinDesk, CNBC, CNBC, Financial Times, New York Times, Reuters, Techpoint Africa, AppleInsider, Bloomberg, and Ars Technica
| Arjun Kharpal / CNBC: |
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The Verge, Bloomberg, CoinDesk, Insider, Bloomberg, CNET, Washington Post, Forbes, Reuters, International Business Times, Bloomberg, PYMNTS.com, Coinspeaker, TNW, and Neowin
Tweets: @elonmusk, @jonathanwatts, @backlon, @robpegoraro, @arjunkharpal, and @campanalemark
| The Block: |
Vitalik Buterin sells large amounts of SHIB, AKITA, and ELON tokens, sent to him by coin creators, for ~$60M worth of ETH, and donates the proceeds to charities — Quick Take — Ethereum creator Vitalik Buterin has offloaded a range of dog-themed meme tokens.
More:
CoinDesk, Forbes, TheStreet, Input, Coinspeaker, and TechCrunch
| Ina Fried / Axios: |
Apple says it parted ways with recent hire Antonio García Martínez, an ex-Facebook staffer and author, after employee petition citing “misogynistic statements” — Apple has severed ties with recent hire Antonio Garcia-Martinez, a former Facebook employee and author …
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The Register, Bloomberg, AdExchanger, iThinkDifferent, Wall Street Journal, Philip Elmer‑DeWitt, iDownloadBlog.com, iPhone in Canada Blog, MacRumors, The Hill, Fortune, and Firstpost Tech
Tweets: @devonbl, @markgurman, @sandofsky, @paulg, @nikitabier, @bstulberg, @davidsacks, @zoeschiffer, @eade_bengard, @melissamcewen, @moorehn, @lukolejnik, @mark_t_gray, @reckless, @markgurman, @moorehn, @caseynewton, @gabbifish, @paulg, @twostraws, @reckless, @onalark, @saikatc, @edzitron, @scobleizer, @mathiasverraes, @mathewi, @novallswift, @rmac18, @ekp, @moorehn, @gartenberg, @vickerysec, @davidlublin, @eitanshay, @della_morte_, @timnitgebru, @shiraovide, @moorehn, @lainnafader, @rmac18, @ellearmageddon, @sarahtaber_bww, @sdw, @backlon, @karlbode, @can, @alexeheath, @counternotions, @gassee, @chr1sa, @s1guza, @rebeccawatson, @shiringhaffary, @ejacqui, @danielpunkass, and @bhansmeyer. Thanks:@inafried
| Joey Roulette / The Verge: |
SpaceX signs a satellite connectivity deal with Google Cloud, as part of which SpaceX will install Starlink terminals at Google's data centers around the world — Under a new agreement, SpaceX will plant Starlink terminals at Google Cloud's data centers — Google said on Thursday …
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PR Newswire, CNBC, iTnews, TechCrunch, Insider, SiliconANGLE, The Register, CRN, Neowin, 9to5Google, and VentureBeat
Tweets: @theprodigalag, @googlecloud, @thesheetztweetz, @aparanjape, @thomasortk, @joroulette, and @joroulette
| Natasha Lomas / TechCrunch: |
Google has been fined €100M+ by Italy's antitrust watchdog for abusing its dominant market position by restricting third party access to the Android Auto app — Google has been fined just over €100 million (~$123M) by Italy's antitrust watchdog for abuse of a dominant market position.
More:
AGCM, The Verge, Reuters, Reuters, Android Authority, 9to5Google, Light Reading, Engadget, Android Central, Silicon Republic, iPhone in Canada Blog, MUO, Thurrott, TNW, and MSPoweruser
| Sarah Perez / TechCrunch: |
Pinterest says it will test livestreaming events this month through a three-day virtual event featuring sessions with around 21 top creators — Pinterest is expanding into live events. The company is planning to host a three-day virtual event that will feature live-streamed sessions from top creators … | Strategy Analytics: |
Global notebook PC shipments grew 81% YoY in Q1; both Apple, with 5.7M shipments, and Acer, with 4.9M shipments, grew 94% as HP grew 91% with 15.4M shipments — Gaming, Chromebooks, commercial and consumer demand stay hot as the return to work and school is slow and pointing to a hybrid approach long-term
More:
ZDNet, AppleInsider, iThinkDifferent, MacRumors, Windows Central, 9to5Mac, Pocketnow, and Thurrott
Tweets: @esmith_sa and @fonearena
| Yogita Khatri / The Block: |
Tether, which claimed at launch that each tether was backed 1:1 with USD, releases a breakdown of its reserves, revealing that only 3.87% are in actual cash — Quick Take — Stablecoin issuer Tether has revealed a breakdown of its reserves. — As of March 31, 2021 … | Sebastian Herrera / Wall Street Journal: |
Amazon says it is hiring 75,000 workers, representing 8% of its US workforce, and offering an average of $17/hour, above its typical $15/hour starting wage — The retail and tech giant said the new roles—representing nearly 8% of its U.S. workforce—are offering average pay of $17 an hour
More:
Amazon.com, Inc., Associated Press, GeekWire, Bloomberg, CNBC, and Insider
| Kurt Wagner / Bloomberg: |
Twitter has announced six acquisitions so far in 2021, the most the company has made in a calendar year since 2015, as part of its new product push — - Company announced six deals already in 2021, most since 2015 — Twitter CFO Segal says product clarity is part of M&A strategy
Tweets: @nedsegal and @kurtwagner8
| Richard Nieva / CNET: |
YouTube has banned almost 40 QAnon channels that were evading YouTube's policies and escaping violations by self-deleting their own videos after a few days — YouTube banned almost 40 channels that used the tactic. Disinformation experts say they haven't seen the ploy used before.| Benjamin Wallace / New York Magazine: |
Behind the online battle between notable tech figures including a16z partners and Balaji Srinivasan, and the journalists who report, and tweet, on the industry — Late last fall, the New York Times was preparing a bombshell article about Coinbase, a financial exchange that had become … | Mike Butcher / TechCrunch: |
Collective, a subscription-based service that handles back office tasks like accounting for the self-employed, raises $20M Series A led by General Catalyst — With so much focus on the “creator economy”, and countries hit by the effects of the pandemic, the self-employed market is “booming” … | Taylor Hatmaker / TechCrunch: |
Discord announces Stage Discovery, a tool to help people find communities through live audio events, and says it will soon test paid, ticketed audio events — If you're new to Discord, you might be thrown off by the lack of an endless feed peppered with ads.| Amelia Lucas / CNBC: |
DoorDash reports Q1 revenue of $1.08B, up 198% YoY, and a net loss of $110M, blaming a shortage of drivers, but raises forecasts; stock up 8%+ after hours — - DoorDash reported losses per share of 34 cents on revenue of $1.08 billion for its first quarter.| Jordan Novet / CNBC: |
Airbnb reports Q1 revenue of $886.9M, up 5% YoY, gross booking value of $10.3B, up 52% YoY, but net loss tripled to $1.1B, largely due to debt repayments — - While Airbnb's revenue grew 5% in the first quarter, gross booking value rose some 52% as users opted for full homes and destinations outside cities.
More:
Reuters, Bloomberg, Insider, AirBnb, and PhocusWire
| Sarah Perez / TechCrunch: |
Roku announces launch of its original programming, including the Quibi content it acquired, on the Roku Channel, starting May 20 — Roku today announced the launch of its own original programming, which will initially become available to viewers in the U.S., U.K., and Canada through … | Detroit News: |
Michigan GOP lawmaker introduces a bill that requires fact checkers to register with the state using a $1M fidelity bond, and levies $1K/day fine for violations — Lansing — A Michigan lawmaker who's been at the center of efforts to question the 2020 election introduced a bill Tuesday that would require … | Andrew J. Hawkins / The Verge: |
Ford says it will start rolling out OTA updates to its vehicles at scale, including adding Alexa later this year to 700K eligible vehicles — The automaker aims to have 33 million OTA-capable vehicles by 2028 — Ford is finally ready to start rolling out over-the-air (OTA) software updates to its vehicles at scale.
More:
Bloomberg, PYMNTS.com, Telematics News, CNBC, Mashable, Automotive World, MUO, ZDNet, Input, and Electrek
Tweets: @sokane1 and @campuscodi
| Jessica Bursztynsky / CNBC: |
Bumble stock falls 14%+ on Thursday to $40.48, below its IPO price, after beating Q1 revenue expectations Wednesday but issuing a more cautious Q2 guidance — - Shares of Bumble fell sharply Thursday morning, dipping below its initial public offering price of $43 apiece, after the company reported first-quarter results.
More:
TheStreet, Investing.com, and Bumble
| MacKenzie Sigalos / CNBC: |
Coinbase reports Q1 revenue of $1.8B, up 207% QoQ, monthly transacting users of 6.1M, up from 2.8M last quarter, says it plans to list dogecoin in 6-8 weeks — - In Q1, Coinbase reported earnings per share of $3.05, the company reported on Wednesday. — It also brought in $1.80 billion of revenue …
More:
Decrypt, Decrypt, CoinDesk, Bloomberg, and Wall Street Journal
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