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June 2, 2021, 4:40 PM
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| Ben Dummett / Wall Street Journal: |
Stack Overflow, which has 100M+ monthly visitors, says it will be acquired by Prosus, a European tech giant and Tencent's largest shareholder, for $1.8B — Deal is Prosus' biggest investment in online learning and comes weeks after it sold a chunk from its massive Tencent holding
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Joel on Software, TechCrunch, The Register, SiliconANGLE, Stack Overflow Blog, Prosus, Adafruit Industries, and Slashdot
Tweets: @brento, @tedgoas, @vboykis, @developerayo, @thomasforth, @hyc_symas, @ricmac, @hhariri, @codinghorror, @spolsky, @film_girl, @spolsky, @stshank, @dev__adi, @counternotions, @stackoverflow, @marshallk, @codinghorror, @jsphctrl, @kcpike, and @bijan
| Ingrid Lunden / TechCrunch: |
Facebook says it will open the Messenger API for Instagram to all businesses, after announcing a closed beta in October 2020 — F8 Refresh, Facebook's annual developer conference with a new twist — it's more pared down than in years past, and virtual — is going to be kicking off later today …
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About Facebook, TechCrunch, CNET, 9to5Mac, FinSMEs, CNET, ZDNet, SiliconANGLE, Messenger News, CNET, Livemint, TechRepublic, Engadget, Facebook Developers, Adweek, and Firstpost Tech
Tweets: @alexvoica, @alexvoica, and @benasmith
| Scott Stein / CNET: |
Facebook says Messenger and Instagram will get deeper support for shared AR effects and games in video calls; Facebook's SparkAR platform now has 600K creators — Facebook's augmented reality efforts are pushing a little further into the territory of video calls.| Tom Warren / The Verge: |
Microsoft will detail its “next generation of Windows” at an event on June 24, with significant changes, including visual enhancements, expected — A special Windows event is coming later this month — Microsoft is planning to detail its “next generation of Windows” at an event later this month.
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microsoft.com, Windows Central, mobilesyrup.com, BetaNews, Tom's Hardware, HotHardware.com News, ZDNet, GeekWire, XDA Developers, Thurrott, CNET, Axios, IGN, Digital Trends, CNBC, and GameSpot
Tweets: @windows, @daniel_rubino, @invoxiplaygames, @nintyprime, @punisheddelta, @neogamespark, @gleed729, @wsjudd, @trigg3r__h4ppy, @paulstorms, and @tomwarren
| Elizabeth Paton / New York Times: |
Etsy says it is buying the London-based fashion resale app Depop, popular with Gen Z, for $1.6B in an all-cash deal — The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic. — Depop, the fashion resale marketplace beloved …
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New York Times, PR Newswire, Financial Times, TechCrunch, CNET, Tech.eu, Protocol, Vox, TechCrunch, Tech.eu, CNBC, TechSpot, Financial Times, PYMNTS.com, New York Business Journal, Tamebay, Reuters, The Business of Fashion, Input, Bloomberg, The Verge, Engadget, Silicon Canals, Neowin, chainstoreage.com, Insider, and Adweek
Tweets: @alexia, @wblau, @jpwiseuk, @annacafolla, @etsy, and @lizziepaton
| Kevin Breuninger / CNBC: |
A spokesperson for Donald Trump says his blog, used to share statements after he was banned on Facebook and Twitter, has been permanently shut down — - Former President Donald Trump's blog has been permanently shut down. — The page, “From the Desk of Donald J. Trump,” …
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Washington Post, Vox, Techdirt, Washington Post, MUO, PCMag, Input, The Verge, Reuters, The Hill, and Politico
Tweets: @eugene_scott, @kylegriffin1, @hemantmehta, @hutchinson, @seungminkim, @rsg, @atrupar, @lisamirandocnn, @drewharwell, @atrupar, @drewharwell, @christinawilkie, @alexthomas, @maggienyt, @jyarow, @jessehawken, @hunterwalk, @jyarow, @mollyjongfast, @qjurecic, @silviakillings, @meridithmcgraw, @frankluntz, @campuscodi, @allahpundit, @rstephens, and @cwarzel
| Mark Gurman / Bloomberg: |
Source: Apple has lost at least three top managers of its self-driving car team in recent months — - Company sees at least three departures from top of car group — Apple has begun early work on an autonomous electric vehicle — Apple Inc. has lost multiple top managers …
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Silicon Valley Business …, Gizmodo, Redmond Pie, Philip Elmer‑DeWitt, Wccftech, iPhone in Canada Blog, 9to5Mac, Slashdot, Neowin, MacDailyNews, iDownloadBlog.com, AppleInsider, MacRumors, iPhone Hacks, and iMore
Tweets: @markgurman, @robinwauters, @tgmason, and @carnage4life
| Arjun Kharpal / CNBC: |
Huawei details HarmonyOS, designed to run across multiple devices, coming to Mate 40 and foldable Mate X2 smartphones, Watch Series 3, and MatePad Pro tablet — - Huawei has launched HarmonyOS on its flagship Mate 40 and foldable Mate X2 smartphones, the Watch Series 3 smartwatch and MatePad Pro tablet.
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The Verge, The Verge, 9to5Google, Engadget, The Economic Times, ZDNet, Gizmodo, MacRumors, Android Headlines, TechCrunch, Trusted Reviews, The Verge, Wall Street Journal, CNET, The Verge, Bloomberg, 9to5Google, and BBC
Tweets: @pierce, @nexusben, @ronamadeo, @dcseifert, @dcseifert, and @dcseifert
| Ashley Carman / The Verge: |
Spotify announces Only You, which gives users personalized playlists and insights based on habits, and Blend, letting two friends merge tastes in a playlist — Spotify loves when people share its annual Wrapped music breakdown on social media, so it's making that more of a year-round treat.| Annie Palmer / CNBC: |
Amazon announces this year's Prime Day will take place on June 21 and 22, returning to its typical summertime slot — - Amazon's annual Prime Day event will take place June 21 and 22, the company announced Wednesday. — Prime Day is returning to its normal summertime slot after Amazon postponed …
More:
Business Wire, About Amazon, Laptop Mag, The Verge, CNET, USA Today, CNET, iMore, Liliputing, Android Police, Ars Technica, KnowTechie, iMore, Variety, CNET, Forbes, New York Times, Fast Company, T3, ZDNet, and Engadget
Tweets: @rmac18 and @amazonnews
| Juli Clover / MacRumors: |
An Apple-commissioned study says the App Store ecosystem facilitated ~$643B in billings and sales globally in 2020, up 24% YoY — The App Store ecosystem facilitated an estimated $643 billion in billings and sales in 2020, an increase of 24 percent year-over-year, according …
More:
Apple, 9to5Mac, TechCrunch, CNET, AppleInsider, Patently Apple, iPhone Hacks, Analysis Group, CNBC, iDownloadBlog.com, and iMore. Tweets: @alex
| Michael Potuck / 9to5Mac: |
Apple's system status webpage indicates Apple Card outage has been resolved after roughly six hours of downtime; Apple says the outage impacted all users — Apple Card is seeing downtime this morning and Apple says the outage is impacting all users. — Update 12:19 pm PT …
More:
CNET, PYMNTS.com, MacRumors, SlashGear, AppleInsider, The Verge, Appleosophy, iDownloadBlog.com, and iMore
Tweets: @jonyiveparody, @mclerran11, @zollotech, and @macrumors
| Wall Street Journal: |
Documents: SEC told Tesla last year that Elon Musk twice violated a court-ordered policy requiring his tweets be vetted by lawyers in 2019 and 2020 — SEC said Musk flouted court-ordered policy in 2019 and 2020, records show — WASHINGTON—Securities regulators told Tesla Inc. last year …
More:
The Guardian, The Register, The Hill, CNBC, BBC, Decrypt, Insider, Vox, Forbes, Newser, Coinspeaker, Protocol, Electrek, and CNN
Tweets: @wsj, @cgrantwsj, and @jowens510
| Casey Newton / Platformer: |
Censorship is becoming a crisis for social networks, as governments crack down on dissent and corporate content moderation stifles more speech than intended — It's not just conservatives complaining any more. The crackdowns are real, and getting worse — 1 hr ago| Jem Aswad / Variety: |
YouTube says it has paid over $4B to the music industry in the last 12 months and has added more paid members in Q1 2021 than in any other quarter since launch — YouTube paid out more than $4 billion in royalties to artists, songwriters, and rights-holders, according to a new blog post … | Alex Konrad / Forbes: |
Celonis, which helps companies run their business processes entirely on data and intelligence, raises $1B Series D, at a post-money valuation of $11B+ — Covering venture capital, software and startups — Celonis co-CEO Alexander Rinke sits in front of prints of Mick Jagger, Keith Richards and Bob Dylan, his favorite.| Stephen Nellis / Reuters: |
A CA court dismissed bribery charges against Apple's security chief Thomas Moyer, saying accusation of iPad donations for gun permits was “pure speculation” — A court in California on Tuesday dismissed bribery charges against Apple Inc's (AAPL.O) security chief … | Tom Warren / The Verge: |
Nvidia GeForce RTX 3080 Ti review: very quiet, ideal for 1440p and 4K gaming, and DLSS is great, but expensive at $1,199, runs hot, and has a clunky adaptor — Nvidia goes back to 4K for more than $1K — Last year's Nvidia RTX 3080 was the first GPU to make 4K gaming finally feasible.
More:
Best Buy Corporate, CNET, Engadget, PC Gamer, PCWorld, VentureBeat, and Rock, Paper, Shotgun. Tweets: @tomwarren
| Eduardo Porter / New York Times: |
Critics worry Biden's rural-first broadband strategy could leave urban America behind; 13.6M urban households don't have broadband vs. 4.6M rural households — Many more people in cities lack broadband access than in rural areas, but lawmakers are primarily focused on extending high-speed access to remote areas.| Katie Roof / Bloomberg: |
Shippo, a shipping software and services startup, raises $50M led by Bessemer at a $1B valuation — - Startup roughly doubled valuation from earlier this year — $50 million comes from existing investors led by Bessemer — Shipping startup Shippo is now valued at $1 billion amid a boom in e-commerce.
More:
PYMNTS.com
| Mary Ann Azevedo / TechCrunch: |
Yieldstreet, which lets users make alternative investments in areas like real estate and shipping, raises $100M Series C, bringing its total raised to $278.5M — These days, investing goes way beyond the stock market. And in recent years there's been a growing number of startups which aim …
More:
FinSMEs, FinLedger, AlleyWatch, and SPACInsider
| Nikhilesh De / CoinDesk: |
Coinbase says Coinbase Pro users will be able to trade dogecoin starting Thursday “if liquidity conditions are met” — The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.
More:
The Coinbase Blog, New York Post, Forbes, Coin Journal, TechSpot, InsideBitcoins.com, blockchain.news, and CNBC
Tweets: @coinbasepro and @askthedr
| Charles Duhigg / New Yorker: |
A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge — Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hype—but hype can be its own economic engine.
More:
New York Times, Yahoo Finance, and Bloomberg
Tweets: @teddyschleifer, @tomi, @columbiasipa, @newyorker, @samidhas, @asheshbadani, @jessefelder, @katekelly, @themissal, @eliotwb, @felixsalmon, and @kantrowitz
| Bloomberg: |
As Vietnam's e-commerce market is forecast to grow to $52B by 2025, a look at the local and foreign investors, like Alibaba and Amazon, vying for a foothold — - Startups focus on building loyalty among skeptical consumers — Nation's digital economy forecast to reach $52 billion by 2025| Christine Hall / Crunchbase News: |
Local food marketplace Shef raises $20M Series A led by a16z, after $8.8M seed in Aug. 2020, amid a push for legislation around home cooking in dozens of states — First-generation Americans Alvin Salehi and Joey Grassia tapped into their home-cooked meal backgrounds to create Shef.| Danny Crichton / TechCrunch: |
Pinwheel, which provides an API to help clients like neobanks connect to payroll systems, raises $20M Series A led by Coatue — One of the most strategically important financial relationships for neobanks is becoming the account destination for a user's paycheck.| Katie Roof / Bloomberg: |
Seattle-based Outreach, which offers sales intelligence tools, raises $200M at a $4.2B valuation — - Seattle-based business has Adobe, Cisco, DoorDash as customers — $200 million investment includes Sequoia Capital, Tiger Global — Seattle-based Outreach, a startup that specializes … | Nikkei Asia: |
Analysis: Apple had more suppliers in China than any other country including Taiwan in 2020; number of Apple suppliers in US also slid despite Trump's trade war — Number of US companies in supply chain also slides despite Trump's trade war — TAIPEI — China now boasts more Apple suppliers …
More:
The Information, iPhone in Canada Blog, 9to5Mac, Patently Apple, iMore, Financial Times, and The Mac Observer
Tweets: @mtdtl and @adam_tooze
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