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June 30, 2021, 10:15 AM
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WeSmirchTop News
| Bloomberg: |
Sources: amid escalating rivalry, neither Google nor Microsoft are keen to renew a recently-expired truce to not use their lobbying firepower against each other — A non-aggression pact forged by their CEOs expired in April, threatening to add fuel to industry's antitrust battles
More:
Financial Times, AppleInsider, and Insider
Tweets: @dinabass, @rasmus_kleis, @laukaya, @dangillmor, @iansherr, @carnage4life, @dwallbank, @next_china, and @tsgiles
| Gerrit De Vynck / Washington Post: |
GAO report finds 20 out of 42 federal agencies surveyed use facial recognition tech and sheds light on how deeply the tech is integrated into federal agencies — Black Lives Matter protesters, Jan. 6 rioters and regular travelers are among those targeted by agencies using the tech, including the IRS and the Postal Service
More:
GAO, U.S. Government …, The Verge, Threatpost, Nextgov, Defense One, Bloomberg Law, and The Daily Dot
| Jacob Kastrenakes / The Verge: |
Facebook unveils Bulletin, its Substack newsletter competitor, but is not yet accepting signups and says it won't take a cut of creators' revenue “at launch” — Facebook won't take a cut ‘at launch’ — Facebook is getting into the subscription newsletter game.
More:
Facebook, PCMag, New York Times, TechCrunch, Memeburn, About Facebook, TechRadar, phonearena.com, Silicon Republic, The Economic Times, Mashable, Ubergizmo, The Hollywood Reporter, and The Information
| Sarah Perez / TechCrunch: |
Shopify drops Shopify App Store's cut to 0% on devs' first $1M in revenue, says app developer partners earned $233M in 2020, more than 2018 and 2019 combined — Following similar moves by Apple, Google, and more recently Amazon, among others, e-commerce platform Shopify announced today it's …
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Shopify, Silicon Republic, Coinspeaker, Tech.co, PYMNTS.com, WebProNews, International Business Times, iMore, Canadian Press, BetaKit, CNBC, and ZDNet
Tweets: @harleyf, @reckless, @ldrogen, @kvlly, @sdw, @stefanvonimhof, @hchawlah, @reckless, @snoopeh, @carson, @ankurnagpal, @michaeltant3, @callmevlad, @tobi, @carnage4life, @reckless, and @chrismessina
| Saqib Shah / Engadget: |
Google UK will only run ads for financial products from sources approved by UK's financial watchdog, from Sept. 6, after being threatened with legal action — Google is tightening its ad screening rules in the UK after a steep rise in fraudulent adverts online during the pandemic. The search giant has
More:
The Keyword, Search Engine Land, BBC, TechCrunch, CoinDesk, The Register, and Coinspeaker
| Chance Miller / 9to5Mac: |
Twitter says it fixed a bug that caused some users to lose access to its “Latest” chronological feed option on the web — Update: Twitter's Kayvon Beykpour says this is a bug that it's working on fixing. The Twitter Support account says the fix is rolled out.
More:
Android Headlines and Engadget
| Ingrid Lunden / TechCrunch: |
Shogun, which helps e-commerce businesses build their storefronts on platforms like Shopify, raises $67.5M Series C led by Insight Partners at a $575M valuation — E-commerce marketplaces continue to play a major role in how consumers buy goods online and how retailers show off and sell goods …
More:
The Information, PR Newswire, and diginomica
| Scott Rosenberg / Axios: |
Dismissals of FTC and state AGs suits against Facebook shows the difficulty of making antitrust charges stick and could spur lawmakers to toughen antitrust laws — A federal judge's decisions Monday tossed out antitrust lawsuits against Facebook — and threw cold water on the heated campaign …
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New York Times, Washington Post, The Guardian, Wired, Wall Street Journal, Bloomberg, Bloomberg, Electronic Frontier Foundation, National Review, FrontPageTech.com, and Bloomberg
Tweets: @repkenbuck, @leah_nylen, @cnbcnow, @willoremus, @matthewstoller, @aoifewhite101, @rachelbovard, @repkenbuck, @justinhendrix, @amyklobuchar, @snowden, @willoremus, @rasmus_kleis, @repkenbuck, @hnissenbaum, @gopleader, @davidsegalri, @shiraovide, @eric_seufert, @b_fung, @sarahfrier, @leah_nylen, @amyklobuchar, @axios, @sarafischer, @matthewstoller, @matthewstoller, @matthewstoller, @megancgraham, @voxdotcom, @jannwolfe, @brendanbordelon, and @caseynewton
| New York Times: |
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Vanity Fair, Android Central, NBC News, Techdirt, and MacDailyNews
Tweets: @satariano, @alecmacgillis, @iamsean90, @lutherlowe, @tiffanycli, @nicholashirst_, @dmccabe, @nytimes, @craigsilverman, @parmy, @shiraovide, and @shiraovide
| Jordan Novet / CNBC: |
Microsoft and OpenAI announce GitHub Copilot, an AI-based tool to recommend code to software developers in almost any programming language — - GitHub, GitHub's parent company Microsoft and OpenAI have teamed up to deliver a tool that comes up with source code for programmers to use as they work.
More:
GitHub Copilot, The GitHub Blog, The Hacker News, Silicon Republic, visualstudiomagazine.com, cloudpro.co.uk, The Register, TechRadar, Michael Tsai, and The Verge
Tweets: @github, @natfriedman, @nickjshearer, @openai, @jaguring1, @nbashaw, @aridavidpaul, @woutercoekaerts, @lpolovets, @sama, @jimstewartson, @joepie91, @cherthedev, @om, @markrussinovich, @albertwenger, @naveen, @jluan, @adversariel, @stevecla, @satyanadella, @fintanr, @woj_zaremba, @stroughtonsmith, @kelseyhightower, @kevin_scott, @grady_booch, @perpetualmaniac, @rothgar, @coryzibell, @sarah_edo, @nandodf, @chriswallace, @marius, @gdb, @t_blom, @jordannovet, @sama, @bloodyowl, @patrickc, and @ow
| Tiffany Hsu / New York Times: |
Outbrain files for an IPO aiming to raise over $100M, says it had $767M in revenue last year, $4.4M in net income, and funnels ads to 7,000+ websites like CNN — Outbrain, one of the top purveyors of clickbait ads, filed on Tuesday to raise at least $100 million through an initial public offering … | Allison Johnson / The Verge: |
T-Mobile is letting owners of eSIM-compatible iPhones try out its cell network with a 30-day free trial just by installing an app; no billing info is required — Owners of newer iPhones can start a free 30-day trial just by downloading an app thanks to eSIM
More:
Light Reading, XDA Developers, CNET, Ubergizmo, iMore, iClarified, Engadget, iDownloadBlog.com, The Mac Observer, 9to5Mac, MacRumors, and AppleInsider
| Abner Li / 9to5Google: |
Google says Android App Bundle, introduced at I/O 2018, will replace APK as the default format for new apps published to the Play Store in August — Google introduced the Android App Bundle format in May of 2018 at I/O as part of its modern development push.| Jonathan Greig / ZDNet: |
Gartner survey of public cloud services in 2020: AWS had $26.2B in revenue, up ~29% and a 41% share overall, followed by Azure with $12.7B in revenue, up ~60% — Amazon led the market with $26.2 billion of revenue in 2020 from IaaS public cloud services. — According to new data released … | Financial Times: |
Sources: Didi raised at least $4B in its US IPO, giving it a market capitalization of at least $67B — IPO values China ride-hailing giant at over $67bn as its domestic dominance comes under scrutiny — China's ride-hailing app Didi Chuxing will make its debut on the New York Stock Exchange …
More:
Reuters, Wall Street Journal, Pandaily, Coinspeaker, Bloomberg, Tech in Asia, and equalocean.com
| Catie Keck / The Verge: |
Senator Warren asks the FTC for a “broad and meticulous review” of Amazon's MGM acquisition, citing Amazon's anticompetitive history and growing monopoly power — Warren argues the deal could hurt consumers — Senator Elizabeth Warren is calling on the Federal Trade Commission … | Mary Ann Azevedo / TechCrunch: |
Tomo, a startup founded by former Zillow execs aiming to simplify and speed up the mortgage process, raises $70M seed led by Ribbit Capital — There are so many startups pledging to reinvent the mortgage process that it's hard to keep up. But for anyone who has had to go through the process … | Bloomberg: |
Sources: SentinelOne raised over $1.2B in its IPO, selling shares for $35, above its $31-$32 range, giving the company a $8.87B valuation — - Didi, LegalZoom, others follow in surge of listings Tuesday — Week to be decade's sixth-biggest, excluding blank-check firms
More:
Globes Online and SiliconANGLE
| Dean Takahashi / VentureBeat: |
Turkey-based Dream Games, which makes the popular mobile game Royal Match, raises $155M Series B co-led by Index Ventures and Makers Fund at a $1B valuation — Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out. — Turkey has another unicorn on its hands.| Mike Wheatley / SiliconANGLE: |
Versa Networks, whose SASE service lets companies unify their network and security tools into a single management console, raises $84M Series D — Network security startup Versa Networks Inc. banked an $84 million late-stage round of funding today that brings its total amount raised to $196 million.
More:
VentureBeat, FinSMEs, and CRN
| Madeleine Hodson / PrivacySharks: |
Data on 700M LinkedIn users for sale on a forum, with info like names, addresses, inferred salary; LinkedIn says it seems some of the data is from other sources — Things are not looking good for LinkedIn right now. Just two months after a jaw-dropping 500 million profiles from the networking site …
More:
RestorePrivacy, LinkedIn Newsroom, 9to5Mac, International Business Times, Slashdot, CyberNews, Forbes, The Economic Times, fossbytes.com, SlashGear, iTnews, IT Management, SiliconANGLE, Pocketnow, Firstpost Tech, HackRead, BGR, Windows Central, KnowTechie, HotHardware.com News, WeLiveSecurity, Security Affairs, Android Central, TechRadar, Tom's Guide, and Silicon Republic
Tweets: @troyhunt, @jaycuthrell, @benlovejoy, @blueboxdave, @jgamblin, @can, @ambermac, and @benlovejoy
| Evan Ratliff / Bloomberg: |
Investigation of Ray Hushpuppi, a Nigerian influencer with a lavish lifestyle, who authorities say mastered business email compromise attacks, netting millions — For Ramon Abbas, the Instagram influencer popularly known as Ray Hushpuppi, @hushpuppi, Hush, or the Billionaire Gucci Master, birthdays were always a time for reflection.
Tweets: @doubleeph, @doubleeph, @doubleeph, @zekefaux, and @ev_rat
| Annabelle Dickson / Politico: |
Critics say UK's Online Safety Bill gives disproportionate powers to the government in the name of protecting users, with worrying implications for free speech — The Online Safety Bill blurs the line between ministers and the independent regulator, say critics.
More:
New Statesman, Lexology, and inews.co.uk
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