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June 30, 2021, 1:00 PM
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| David McLaughlin / Bloomberg: |
Amazon says it is seeking the recusal of FTC chair Lina Khan from matters related to the company, citing her history of criticism and antitrust arguments — Amazon.com Inc. wants Federal Trade Commission Chair Lina Khan recused from any matters involving the company because of her history criticizing …
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Wall Street Journal, The Hill, Washington Post, CNBC, and Axios
| 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, Windows Central, AppleInsider, and Insider
Tweets: @dinabass, @rasmus_kleis, @laukaya, @dangillmor, @iansherr, @carnage4life, @dwallbank, @next_china, and @tsgiles
| Tom Warren / The Verge: |
Hands-on with Windows 11 preview: a new and refreshing approach, with welcome and simplified UI updates; Snap Layouts and Snap Groups improve multitasking — Microsoft's first Windows 11 preview looks promising — Microsoft's first version of Windows appeared more than 35 years ago …
More:
CNET, Microsoft Support, CNET, BleepingComputer, YouTube, and Engadget
Tweets: @backlon and @tomwarren
| Gilad Edelman / Wired: |
While a judge dismissing FTC's suit against Facebook was a setback, experts say the 30-day window to refile and prove Facebook has a monopoly should be enough — A judge dealt the Federal Trade Commission a setback this week in its quest to break the company up—but also provided a roadmap for how to proceed.
More:
Bloomberg, TIME, and NBC News
Tweets: @sarahfrier, @lutherlowe, @giladedelman, @giladedelman, @eric_seufert, @giladedelman, @aoifewhite101, @b_fung, and @brkend
| Scott Rosenberg / Axios: |
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New York Times, The Guardian, Washington Post, Insider, Bloomberg, Electronic Frontier Foundation, Protocol, National Review, Vanity Fair, and FrontPageTech.com
Tweets: @repkenbuck, @leah_nylen, @cnbcnow, @amyklobuchar, @benedictevans, @willoremus, @matthewstoller, @rachelbovard, @repkenbuck, @amyklobuchar, @snowden, @willoremus, @repkenbuck, @gopleader, @justinhendrix, @rasmus_kleis, @hnissenbaum, @davidsegalri, @shiraovide, @eric_seufert, @b_fung, @sarahfrier, @leah_nylen, @amyklobuchar, @axios, @sarafischer, @matthewstoller, @matthewstoller, @matthewstoller, @megancgraham, @voxdotcom, @jannwolfe, and @brendanbordelon
| Dave Michaels / Wall Street Journal: |
Financial Industry Regulatory Authority fines Robinhood $70M for misleading customers and system outages, the biggest fine it has ever imposed — Online brokerage faulted for missteps related to options trading and technology outages; company neither admits nor denies allegations
More:
FINRA.org, Decrypt, Finextra, CNN, Reuters, New York Times, Bloomberg, and Crowdfund Insider
Tweets: @joesaluzzi, @finra, @dlauer, @gilmanhill, and @fintechfrank
| Ron Miller / TechCrunch: |
Slack releases Slack Huddles, an audio chat tool, and details new features, including video messages and an enhanced company directory — Slack started talking about a new set of communications tools to enhance the text-based channels at the end of last year.| The Block: |
Twitter releases a set of seven NFTs, each available in 20 designs, and is auctioning them on marketplace Rarible — Quick Take — Twitter has released a set of seven NFTs, with 20 available in each design. — It's auctioning them on NFT marketplace Rarible.
More:
TechCrunch, CoinDesk, Decrypt, and Crypto Briefing
| Varun Mishra / Counterpoint Research: |
iPhone 12 series sales crossed 100M globally in April 2021, seven months after launch, two months faster than iPhone 11; iPhone 12 Pro Max had a 29% sales share — Beijing, San Diego, Buenos Aires, London, New Delhi, Seoul - June 30, 2021 — Exactly 14 years ago, Apple disrupted …
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9to5Mac, MacRumors, AppleInsider, MacDailyNews, phonearena.com, iMore, and iPhone Hacks
Tweets: @sarthakgh, @tarunpathak, @neiltwitz, and @tarunpathak
| 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, Nextgov, Threatpost, Defense One, Bloomberg Law, and The Daily Dot
| Stephen Nellis / Reuters: |
Microsoft and AT&T say the carrier will run core parts of its 5G network on Azure; AT&T's newer networks rely more heavily on virtualization than hardware — Microsoft Corp (MSFT.O) and AT&T Inc (T.N) on Wednesday said that the carrier will run core parts of its 5G wireless network on Microsoft's cloud computing platform.
More:
Microsoft, FierceWireless, MSPoweruser, and OnMSFT.com
Tweets: @satyanadella, @jlzander, @trengriffin, and @rdrv3
| Sarah Perez / TechCrunch: |
Instagram confirms it is working on tools to let creators share “exclusive” content to Stories for paying fans — Instagram is building its own version of Twitter's Super Follow with a feature that would allow online creators to publish “exclusive” content to their Instagram Stories that's … | Dan Primack / Axios: |
TikTok says it removed 11M+ accounts during Q1 2021, including 7M+ for belonging to those under 13; around 62M videos were removed, or 1% of all uploaded — TikTok on Wednesday said it removed more than 7 million accounts “from the full TikTok experience” during the first quarter of 2021 … | 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.| 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| 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, New York Times, The Times, PCMag, The Hollywood Reporter, TechSpot, About Facebook, TechRadar, phonearena.com, Silicon Republic, Memeburn, The Economic Times, and Mashable
Tweets: @juddlegum, @rmac18, @tomscocca, @facebook, @mattyglesias, @willoremus, @tidefallcapital, @keitholbermann, @mattdpearce, @poniewozik, @mwseibel, @mikeisaac, @mgsiegler, @barry, @skasriel, @parismarx, @donie, @brianstelter, @juddlegum, @joshconstine, @taylorlorenz, @mikeisaac, @db, @lanceulanoff, and @sarthakgh
| 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, Morning Brew, The Hacker News, OnMSFT.com, Beyond Search, cloudpro.co.uk, Silicon Republic, visualstudiomagazine.com, The Register, and TechRadar
Tweets: @github, @natfriedman, @nickjshearer, @openai, @jaguring1, @woutercoekaerts, @sama, @joepie91, @cherthedev, @om, @nbashaw, @lpolovets, @markrussinovich, @jimstewartson, @aridavidpaul, @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
| Devin Coldewey / TechCrunch: |
Facebook releases Habitat 2.0, a simulator to help AI interact with the real world, and partners with Matterport to open source its indoor 3D scan data set — To train a robot to navigate a house, you either need to give it a lot of real time in a lot of real houses, or a lot of virtual time in a lot of virtual houses.
More:
VentureBeat, SiliconANGLE, Facebook AI, and Facebook AI
| Kyle Wiggers / VentureBeat: |
Moveworks, which automates enterprise IT tasks using chatbots, raises $200M Series C led by Tiger Global and Alkeon Capital at a $2.1B post-money valuation — Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out. — Moveworks, a platform designed …
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Bloomberg
| 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: @bw, @bw, @bw, @doubleeph, @doubleeph, @doubleeph, @zekefaux, and @ev_rat
| Greg Kumparak / TechCrunch: |
FightCamp, which offers an interactive at-home boxing training system with smart sensors in the gloves and subscription training videos, raises $90M — FightCamp, an interactive at-home training system for boxing/kickboxing, is announcing this morning that it has raised a $90M round … | Zack Whittaker / TechCrunch: |
Ahead of a House hearing, Microsoft's customer security chief says as many as one-third of all US government data demands are issued with secrecy clauses — Microsoft's customer security chief says as many as one-third of all government demands that the company receives for customer data …
More:
Associated Press and Microsoft On the Issues
Tweets: @zackwhittaker, @campuscodi, @b_fung, @b_fung, @b_fung, @b_fung, and @b_fung
| 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:
PYMNTS.com, PR Newswire, The Information, diginomica, and WebWire
| 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 …
More:
Shopify, Tech.co, Coinspeaker, Silicon Republic, PYMNTS.com, WebProNews, International Business Times, iMore, Canadian Press, and BetaKit
Tweets: @harleyf, @reckless, @scottbelsky, @kvlly, @sdw, @ldrogen, @stefanvonimhof, @hchawlah, @reckless, @carson, @michaeltant3, @callmevlad, @snoopeh, @ankurnagpal, @tobi, @carnage4life, @reckless, and @chrismessina
| 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 … | 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:
Silicon Valley Business …, CNBC, CNBC, and Globes Online
| 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 …
More:
PYMNTS.com, CNBC, nocamels.com, and Fast Company
Tweets: @haje, @quinnypig, @jaycuthrell, and @caseynewton
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