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June 28, 2021, 11:10 PM
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| Salvador Rodriguez / CNBC: |
US district court dismisses FTC's antitrust complaint against Facebook, saying its definition of market dominance was insufficient, but will let FTC refile it — - A federal court on Monday dismissed the Federal Trade Commission's antitrust complaint against Facebook.
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US District Court for the District of Columbia, New York Times, Bloomberg, Gizmodo, Wall Street Journal, Politico, Protocol, The Register, CNET, Politico, Axios, Reuters, Insider, International Business Times, San Francisco Business Journal, BIG by Matt Stoller, The Hill, Vox, BBC, The Verge, Near Media, UploadVR, phonearena.com, Washington Post, Android Central, OSnews, Associated Press, PYMNTS.com, USA Today, Forbes, NPR, Slashdot, Financial Times, MSPoweruser, TechCrunch, CNN, New York Post, Cmte Judiciary (D) …, theepochtimes.com, Engadget, Barron's Online, Telegraph, Bloomberg, Sputnik News, Los Angeles Times, Variety, The Daily Caller, PYMNTS.com, Shacknews, Input, Protocol, AppleInsider, NBC News, The Verge, and Mashable
Tweets: @leah_nylen, @cnbcnow, @hawleymo, @repkenbuck, @ceciliakang, @b_fung, @willoremus, @sarahfrier, @b_fung, @caseynewton, @reckless, @levie, @benedictevans, @sarahfrier, @willoremus, @fawfulfan, @notpretzel, @asherschechter, @dealbook, @brendanbordelon, @mikeisaac, @alisonfrankel, @adamnash, @mikeelgan, @colorofchange, @gabrielmalor, @ivanthek, @edmundlee, @marklemley, @karaswisher, @senwarren, @kantrowitz, @matthewstoller, @caseynewton, @producthunt, @mattrosoff, @benedictevans, @robbysoave, @caseynewton, @caseynewton, @sruhle, @austen, @matthewstoller, @caseynewton, @sarahfrier, @econ_marshall, @amyklobuchar, @repmondaire, @ajitpai, @bobbyallyn, and @mdudas
| Salvador Rodriguez / CNBC: |
On Monday, Facebook's stock rose 4.2%, closing at $355.64, giving Facebook a $1T market cap for the first time, the fifth US company to hit the milestone — - Facebook has hit $1 trillion in market capitalization. — Facebook stock spiked nearly 5% in late-day trading aided …
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PYMNTS.com, The Hill, AppleInsider, USA Today, Morning Brew, Bloomberg, ABC, TIME, Wall Street Journal, Law360, and The National
| Tom Warren / The Verge: |
Microsoft releases the first Windows 11 preview, available to Insiders, with major updates included except Teams integration and Android app support — The next version of Windows is available for testing — Microsoft is releasing its first Windows 11 preview build today.| Mitchell Clark / The Verge: |
After a wave of criticism, Microsoft defends Windows 11's minimum requirements, says it will test PCs with Intel 7th gen and AMD Zen 1 chips for compatibility — It'll test support for Intel 7th Gen and AMD Zen 1 chips — In a blog post today, Microsoft is making another attempt at clarifying … | Tom Warren / The Verge: |
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Thurrott, Tom's Guide, Softpedia News, MUO, Input, ZDNet, BleepingComputer, techadvisor.com, mobilesyrup.com, OnMSFT.com, Tom's Hardware, Android Authority, XDA Developers, WinBuzzer, Windows Central, and TechRadar
Tweets: @tomwarren, @horsynox, @martinsfp, and @tomwarren
| Cameron Faulkner / The Verge: |
Microsoft rolls out its Xbox Cloud Gaming service via browser to PCs, iPhones, and iPads across 22 countries for Xbox Game Pass Ultimate members — No Xbox necessary — Microsoft's xCloud, the cloud game streaming component of Xbox Game Pass Ultimate that doesn't require a console to use …
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Xbox Wire, MacRumors, appadvice.com, USA Today, GeekWire, TouchArcade, Gizmodo, TNW, Engadget, Pocket-lint, Macworld, Video Games Chronicle, TechCrunch, IGN, GameSpot, thegamer.com, iMore, mobilesyrup.com, XDA Developers, Game Rant, 9to5Google, Destructoid, AppleInsider, Phandroid, iPhone in Canada Blog, iDownloadBlog.com, Digital Trends, MSPoweruser, Polygon, Android Headlines, iClarified, 9to5Mac, Neowin, Windows Central, PCWorld, Ars Technica, Trusted Reviews, Thurrott, and GamesIndustry.biz
| Jason Gurwin / The Streamable: |
YouTube TV gets a 4K Plus add-on package with downloads, 4K, and unlimited streams for $20 more per month; 5.1 Dolby surround sound coming to all subs for free — YouTube TV has officially announced their new premium add-on which includes 4K streaming, the ability to download shows offline …
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YouTube Official Blog, AppleInsider, Variety, phonearena.com, Pocket-lint, Engadget, XDA Developers, Android Central, MUO, Android Headlines, Phandroid, Ubergizmo, USA Today, Neowin, iDownloadBlog.com, Gizmodo, TechRadar, MacRumors, Trusted Reviews, Slashdot, SlashGear, KnowTechie, 9to5Google, Droid Life, TechSpot, iMore, FrontPageTech.com, and iClarified
Tweets: @backlon, @onejarednewman, @chriswelch, and @vicious696
| Mitchell Clark / The Verge: |
Snapchat says it has fixed the issue causing its iOS app to crash for some users, asks users to manually update the app if they are still facing any problem — The app was crashing on launch — If you've been experiencing the bug where the iOS version of Snapchat crashes at launch …
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AppleInsider, Gizmodo, MacRumors, phonearena.com, Ubergizmo, The Independent, Fast Company, Cult of Mac, ScreenRant, iMore, USA Today, iPhone Hacks, and 9to5Mac
Tweets: @snapchatsupport and @quinnypig
| Lucas Matney / TechCrunch: |
Discord acquires augmented reality startup Ubiquity6, which had raised $37.5M and recently pivoted to become a collaborative service for simple online games — After raising tens of millions from investors and executing a pretty substantial pivot earlier this year, augmented reality startup Ubiquity6 …
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Protocol and Ubiquity6
Tweets: @jeffscottward, @indexventures, @vivianmshen, @darian314, @anjneymidha, @ubiquity6, and @jasoncitron
| Shara Tibken / CNET: |
Qualcomm unveils Snapdragon 888 Plus with 3GHz clock speed and a claimed 20% boost in AI capabilities, arriving in devices during Q3 2021 — Phones are getting a speed boost. Qualcomm on Monday unveiled its newest, highest-end smartphone processor, the Snapdragon 888 Plus.
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Qualcomm, XDA Developers, Engadget, AndroidGuys, fossbytes.com, TechSpot, iPhone in Canada Blog, AnandTech, HotHardware.com News, and Android Authority
Tweets: @utsavtechie, @mishaalrahman, and @supersaf
| TechCrunch: |
Duolingo files for US IPO, reveals revenue growth of 129% YoY in 2020, and reports $55.4M in revenue during Q1 2021 — The edtech unicorn reveals 129% 2020 revenue growth — Duolingo, a Pittsburgh-based language learning business last valued at $2.4 billion, has officially filed to go public.
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SEC, CNBC, Pittsburgh Business Journal, MarketWatch, PR Newswire, and Reuters
| Spencer Soper / Bloomberg: |
Interviews with 15 Amazon Flex drivers reveal how algorithms hire, rate, and fire contract drivers with little or no human oversight — Stephen Normandin spent almost four years racing around Phoenix delivering packages as a contract driver for Amazon.com Inc. Then one day, he received an automated email.
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Ars Technica and Insider
Tweets: @spencersoper, @johnkoetsier, @kyweise, @hypervisible, @mattdpearce, @johnjedwards3, and @mhbergen
| Sarah Perez / TechCrunch: |
Sensor Tower: global consumer mobile app spending hit $64.9B in H1 2021, a record and up 24.8% YoY; install growth slowed to 1.7% overall, declined 10.9% on iOS — Consumer spending in mobile apps hit a record $64.9 billion during the first half of 2021, according to preliminary data from app store intelligence firm Sensor Tower.
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Sensor Tower Blog, VentureBeat, mobilesyrup.com, Android Central, and TechSpot
| Cherlynn Low / Engadget: |
Samsung details a new smartwatch user interface called One UI Watch, debuting on an upcoming Galaxy Watch later this year — At its MWC event today, Samsung showed off its latest smartwatch interface called One UI Watch. This software will run on top of — the new Wear OS, which the company co-developed with Google.
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Samsung Global Newsroom, Engadget, CNET, The Verge, FrontPageTech.com, Phandroid, Trusted Reviews, BGR India, 9to5Google, Techaeris, AndroidGuys, phonearena.com, TalkAndroid.com, XDA Developers, SamMobile, Wccftech, Pocketnow, Gizmodo, Wareable, Android Headlines, Tom's Guide, Droid Life, Android Central, TechCrunch, Pocket-lint, techadvisor.com, Financial Times, Android Authority, and Android Police. Tweets: @samsungnewsus
| Nate DiCamillo / CoinDesk: |
Coinbase is granted a crypto custody license from Germany's Financial Supervisory Authority, the first company to get such a license according to the regulator — The license will allow Coinbase to continue operating in Germany. — Coinbase has received a crypto custody license …
More:
The Coinbase Blog, Reuters, Finbold, Crypto Briefing, and The Block
| Riley de León / CNBC: |
Payments company Payoneer closed ~1.5% lower on its Nasdaq debut via a SPAC merger, giving it a market cap of $1B+; the company was originally valued at $3.3B — - Shares of payments company Payoneer closed down roughly 1.5% after its market debut Monday on the Nasdaq, giving it a market cap of just over $1 billion.
More:
SiliconANGLE and Reuters
| Reuters: |
Thoma Bravo has agreed to buy QAD, which provides cloud-based planning software for manufacturers, for about $2B in cash and will take the company private — QAD Inc (QADA.O) said on Monday private equity firm Thoma Bravo will buy the enterprise software maker for about $2 billion, the latest go-private deal by the software investor.
More:
QAD, Dow Jones Newswires, Pacific Coast Business Times, and TheStreet
| Tim Copeland / The Block: |
Coinbase CEO Brian Armstrong says the exchange's goal is “to list every asset where it is legal to do so”, and it will provide a ratings system for assets — Quick Take — Coinbase CEO Brian Armstrong stated that the exchange's goal is to list “every” crypto asset as long as it is legal.
More:
Decrypt. Tweets: @brian_armstrong, @brian_armstrong, @brian_armstrong, @brian_armstrong, @brian_armstrong, and @brian_armstrong
| CNN: |
Sources: Facebook to roll out its newsletter product, called Bulletin, on Tuesday, and has recruited dozens of writers across categories like sports and finance — You heard it here first: Facebook is rolling out its new newsletter product, called Bulletin, on Tuesday, according to sources involved with the initiative.| Shirin Ghaffary / Vox: |
Researchers say the study of social media's large-scale societal impact should be treated as a “crisis discipline”, like climate science or conservation biology — One challenge is how little we know about the dangers. — Social media has drastically restructured …
Tweets: @ct_bergstrom, @ranimolla, @michaelbolton, @tnicholsmd, @briandavidearp, @zittrain, @shiringhaffary, @jbf1755, @philipcball, and @d_lofi
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