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June 20, 2021, 1:55 AM
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| Eric Newcomer / Newcomer: |
Andreessen Horowitz's Future doesn't compete with journalism because it offers up essays, not reporting, limiting its potential to promote tech-positive views — I've been dragging my feet on writing about Andreessen Horowitz's much-anticipated new publication, which the firm revealed Tuesday.
More:
Columbia Journalism Review and Slow Boring
Tweets: @gaberivera, @davidgerard, @gaberivera, @edzitron, @davewiner, @cathyreisenwitz, @mattyglesias, @ericnewcomer, @sarthakgh, @iansherr, @dotben, and @jaycuthrell
| Todd Feathers / VICE: |
Some US unemployment applicants say facial recognition models used by ID verification service ID.me are failing to identify them, locking them out of benefits — ID.me's CEO says unemployment fraud is costing taxpayers $400 billion, but his own company is denying claims because of problems with its tech, users say.
More:
The Verge, Gizmodo, and Engadget
Tweets: @frankpasquale, @mattk, @nicoleozer, @vectorpoem, @draglikepull, @hypervisible, @jason_koebler, @timmarchman, and @lmatsakis
| Olivia Solon / NBC News: |
Drought-stricken communities in the US push back against data centers' water usage; a typical data center uses same water per day as a city of 30K-50K people — On May 17, the City Council of Mesa, Arizona, approved the $800 million development of an enormous data center …
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Slashdot. Tweets: @oliviasolon, @alex, @iainthomson, @oliviasolon, @mattk, @hypervisible, @nycdsatechwg, @oliviasolon, @pinboard, @deborahblum, and @william_fitz
| Karissa Bell / Engadget: |
Facebook says it will update its community standards to clarify how it treats satirical content as a result of recommendations from the Oversight Board — will update its community standards to clarify how it treats satirical content as a result of recommendations from the Oversight Board.| Juan José Relmucao / Rest of World: |
How an Argentinian govt. program that issued netbooks to 4M low-income students from 2011 to 2015 helped indirectly create a new generation of teen musicians — Working-class teens turned junked machines into musical instruments. — • BUENOS AIRES, ARGENTINA
Tweets: @rossdawson, @restofworld, @thatericalper, @sub8u, @restofworld, @restofworld, and @anirvan
| Alex Kantrowitz / Big Technology: |
The Platform Competition and Opportunity Act, which ends Big Tech acquisitions, could backfire in several ways, like discouraging startups' productive behavior — Congress wants to stop most Big Tech acquisitions. But that won't neccesarily increase competition. — 5 hr ago
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TechCrunch, BIG by Matt Stoller, Centre for Economic Policy Research, Axios, Financial Times, Politico, Philip Elmer‑DeWitt, and Vox
Tweets: @repkenbuck, @tomcottonar, @politico, @birnbaum_e, @repkenbuck, @repkenbuck, @ggreenwald, @ppatel, @kantrowitz, @scottros, @matthewstoller, and @kantrowitz
| Kara Swisher / New York Times: |
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AppleInsider. Tweets: @ashleyrgold, @kantrowitz, @sarthakgh, @benedictevans, @benedictevans, @sally_hubbard, @greg_speicher, @greg_speicher, @migueldeicaza, @stevesi, and @karaswisher
| Reuters: |
PayPal will increase US sellers' costs to 3.49% plus $0.49 per transaction on its payment products starting Aug. 2, up from 2.9% plus $0.30 on most transactions — NEW YORK (Reuters) -PayPal Holdings Inc will lift merchant costs for its branded payment products while cutting those for behind …
Source:
PayPal Newsroom. More:
MUO, The Verge, Bloomberg, and PYMNTS.com
Tweets: @georgeb14941177, @lukemassie, @billda, @quinnypig, and @jasuja
| Juliet Chung / Wall Street Journal: |
Addepar, a provider of wealth management software, raises $150M from D1 Capital Partners at a $2.17B valuation; source: Addepar was valued at ~$1B in November — The company, which makes software to track investment performance, has raised $150 million from D1 Capital Partners
Source:
PR Newswire. More:
IBS Intelligence Market News, InvestmentNews, FinSMEs, and Silicon Valley Business …
Tweets: @davidsacks and @addepar
| Heather Landi / FierceHealthcare: |
Brightline, which provides virtual behavioral health therapy for children and teenagers, raises $72M Series B led by GV, bringing its total raised to ~$100M — Startup Brightline scored $72 million to fuel the national expansion of its virtual behavioral health solution designed specifically … | Dean Takahashi / VentureBeat: |
Lingokids, which offers educational games through its “playlearning” app for kids aged 2-8, raises $40M Series C and claims to reach 30M+ families worldwide — Elevate your enterprise data technology and strategy at Transform 2021. — Lingokids has raised $40 million in funding for its educational games platform.
Source:
Lingokids. More:
Kidscreen, Angel News, Tech.eu, FinSMEs, and Pocket Gamer.biz
Tweets: @lingokids, @googlestartupes, @deantak, and @reachfund
| Emma Folts / Los Angeles Business Journal stories: |
Eltropy, whose suite allows financial institutions to communicate with customers via text messages, announces $21M investment from K1 as part of its Series A — Manhattan Beach-based private equity firm K1 Investment Management is making a $21 million investment in Milpitas-based software company Eltropy Inc.| Hanaa' Tameez / Nieman Lab: |
Survey: social media users see the removal of hate speech as more fair than removing profanity, with moderators who removed hate speech seen as more trustworthy — News consumers and social media platform users prioritize the removal of hate speech over the removal of profanity … | Chuq Von Rospach / 6FPS: |
Apple, whose arrogance and sense of entitlement let it treat developers as a hassle for two decades, will find few allies as it fights looming regulation — If this issue seems late, believe it or not, it's not. But given the vagaries of our calendar, this is the latest possible …
More:
Michael Tsai. Tweets: @marcoarment, @chuq, @siegel, @brucel, @samdeane, @jimcarroll, @chuq, @keleftheriou, @kocienda, @kocienda, @savaran, @siegel, @kocienda, @siegel, and @marcoarment
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Zoho SalesIQ turns 10: Transforming customer experiences since 2014 — October marked a remarkable milestone for Zoho SalesIQ—our 10th anniversary. What began in 2014 as a simple live chat tool has evolved …
Hamming:
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