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July 1, 2021, 4:00 PM
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| Dan Primack / Axios: |
Robinhood files for long-awaited IPO, says it will set aside up to 35% of shares for retail investors — Popular trading app Robinhood on Thursday filed for its initial public offering, and disclosed that it will set aside up to 35% of shares for retail investors who rarely get to buy at a company's IPO price.| Austin Carr / Bloomberg: |
Documents and interviews detail how a junior Microsoft engineer exploited a bug to generate Xbox gift card codes worth $10.1M+ before his arrest in Nov. 2020 — The Xbox gift card came with a string of 25 letters and numbers. The digits, known as a 5x5 code, were sent in an email …
More:
The Verge, Windows Central, Game Rant, IGN, PC Gamer, GameSpot, purexbox.com, SegmentNext, and thegamer.com
Tweets: @business, @jasonschreier, @austincarr, and @ethangach
| Jacob Kastrenakes / The Verge: |
TikTok is rolling out longer videos of up to three minutes, up from one minute, to all users over the coming weeks, after testing them since December — Now up to three minutes — TikToks are about to get longer. The app is now rolling out the ability for everyone to publish videos …
More:
TikTok, Engadget, TechCrunch, Livemint, Silicon Republic, PCMag, Android Headlines, Variety, CNET, Neowin, and Softpedia News
Tweets: @stokel, @briefnorris, @martinsfp, @stokel, @benji_fernandes, @stokel, @bryandfischer, @alexhern, @sarthakgh, and @abhymurarka
| Catalin Cimpanu / The Record: |
NSA, FBI, and others say Russian hacking group Fancy Bear has been using Kubernetes to run brute force attacks on US and foreign organizations since mid-2019 — US and UK cybersecurity agencies said today that a Russian military cyber unit has been behind a series of brute-force attacks …
More:
NSA.gov, Wired, BleepingComputer, ZDNet, The Hill, NBC News, CNN, CyberScoop, Dark Reading, The Cloudflare Blog, SecurityWeek, Forbes, and SC Media
Tweets: @nsacyber, @campuscodi, @gordoncorera, @tonyajoriley, @johnhultquist, @b_fung, @jennamc_laugh, @b_fung, and @b_fung
| Paul Sawers / VentureBeat: |
Articulate, which offers SaaS products that Amazon and other companies use to create training courses for employees, raises $1.5B Series A at a $3.75B valuation — Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out.
More:
Protocol, Crunchbase News, SiliconANGLE, TechCrunch, and FinSMEs
| Jason Snell / Six Colors: |
As Apple releases macOS Monterey public beta, an in-depth look at Focus, iCloud Private Relay, Safari's revamped UI, FaceTime, SharePlay, and other new features — If there's a theme of Apple's operating-system releases in 2021, it's platform unification. This development is most significant …
More:
TechCrunch, MacRumors, Thurrott, The Verge, Appleosophy, MacRumors, Macworld, The Verge, MacDailyNews, Tom's Guide, PCMag, Forbes, and CNN. Tweets: @jsnell
| Matt Day / Bloomberg: |
Days before Bezos steps aside, Amazon adds two points to its 14 corporate values, requiring staff to consider welfare of coworkers and society at large — - Workers now required to consider employee welfare, society — Employees are hired, evaluated on how they conform to list
More:
GeekWire, CNET, About Amazon, Protocol, Insider, CNBC, and fossbytes.com
Tweets: @mattmday, @iamlearninhere, @markhurst, @eringriffith, @carnage4life, @bradstone, @mattmday, @bradstone, @carnage4life, and @girdley
| Eugene Kim / Insider: |
Sources: Amazon is discussing forming a “Rebel Alliance” with Slack and other companies to challenge Microsoft's dominance of the work-productivity app market — - Amazon has discussed creating a software bundle with other companies to compete with Microsoft.
More:
OnMSFT.com, New York Post, and Bloomberg
Tweets: @tobi, @parismarx, @eugenekim222, @daviduberti, @eastdakota, @garrytan, @nichcarlson, @thetrentharvey, @jeffjohnroberts, and @stefann42
| Thomas Claburn / The Register: |
Sources: IBM's company-wide email migration, 18 months in the making, has left many employees unable to use email or schedule calendar events for several days — IBM's planned company-wide email migration has gone off the rails, leaving many employees unable to use email or schedule calendar events.| Salvador Rodriguez / CNBC: |
Adam Mosseri says Instagram plans to test video more broadly, calls TikTok and YouTube competitors, and says Instagram is “no longer a photo-sharing app” — - Facebook's head of Instagram said the service plans to start showing users full-screen, recommended videos in their feeds.
More:
FrontPageTech.com, The Information, iThinkDifferent, AppleInsider, Engadget, SlashGear, Android Central, Digital Music News, Tubefilter, PetaPixel, Financial Times, iMore, MacRumors, iDownloadBlog.com, iPhone Hacks, KnowTechie, phonearena.com, and Ubergizmo
Tweets: @mosseri, @alexjamesfitz, @taylorlorenz, @alex193a, @verge, @jake_k, @rarasensei, @nicksaysgo, @eugenialoli, @rivryan, @digiphile, @viditb, @joshelman, @smarinophoto, @amil, @sheepchase, @chrismessina, @broderick, @thesocialchain, @teslimalabi_, @michaelmiraflor, @richlightshed, and @mikeolbinski
| Politico: |
Around 130 countries, including all G20 nations, agree to a global tax deal, aimed at world's 100 biggest companies and setting minimum corporate rates at 15% — The world's largest economies agreed Thursday to sweeping changes to the global tax system, despite staunch opposition …
More:
OECD.org, CNBC, Bloomberg, Axios, OECD, Protocol, Associated Press, Nikkei Asia, Reuters, Wall Street Journal, U.S. Department …, and Politico
| Reuters: |
Putin signs a law forcing foreign tech companies with a daily audience in Russia of over 500,000 people to open offices in the country by 2022 — President Vladimir Putin has signed a law that obliges foreign social media giants to open offices in Russia, a document published by the government … | Michelle F Davis / Bloomberg: |
Olive, which is developing AI bots to automate healthcare administration tasks, raises $400M at a $4B valuation, seven months after being valued at $1.5B — Olive, a digital-health startup looking to use technology to help health-care firms automate tasks, has closed a funding round that values …
More:
PR Newswire, SiliconANGLE, FinSMEs, afrotech.com, Columbus Business Journal, and MobiHealthNews. Tweets: @wallstreetpaper
| Politico: |
Former Trump spokesman Jason Miller leads GETTR, a Twitter-like service that bills itself as a “non-bias social network”, in the newest pro-MAGA tech venture — GETTR will be the newest MAGA venture in this space. It's being led by Trump's former spokesman, Jason Miller.
More:
Axios, CNET, The Hill, Insider, and MUO
| Nina Bambysheva / Forbes: |
Brazil's largest crypto exchange Mercado Bitcoin raises $200M Series B from SoftBank Latin America Fund, valuing its parent company 2TM Group at $2.1B — I cover cryptocurrencies and other applications of blockchain — Brazil's leading cryptocurrency exchange, Mercado Bitcoin raised $200 million …
More:
Business Wire, TechCrunch, The Block, cryptodaily.co.uk, Reuters, Crypto Briefing, CoinDesk, Cointelegraph, Bitcoin Magazine, and Crowdfund Insider
Tweets: @marceloclaure and @bayareawriter
| Saqib Shah / Engadget: |
Facebook is making its free cloud gaming service for desktop and Android available to 98% of mainland US and partners with Ubisoft — Oculus VR and livestreams, Facebook's gaming ambitions also include the cloud. Today, the company is making free game streaming available to 98 percent …
More:
Facebook, Protocol, Reuters, 9to5Mac, MSPoweruser, and SlashGear
Tweets: @pucknorris, @alexvoica, and @facebookgaming
| Mark Gurman / Bloomberg: |
Sources: Apple plans to test a hybrid in-store and work-from-home arrangement for retail employees later this year under a pilot program dubbed Retail Flex — - Company to pilot “Retail Flex” program for employees this year — Apple earlier asked office workers to return three days a week| Sergiu Gatlan / BleepingComputer: |
CISA releases a new self-assessment tool to help organizations understand how well they are equipped to defend against and recover from ransomware attacks — The US Cybersecurity and Infrastructure Security Agency (CISA) has released the Ransomware Readiness Assessment (RRA), a new module for its Cyber Security Evaluation Tool (CSET).
More:
us-cert.cisa.gov, Dark Reading, Security Affairs, and ComputerWeekly.com
Tweets: @cisagov, @malwarebytes, and @adam_k_levin
| Kyle Bradshaw / 9to5Google: |
Google updates its Passes API to let users store COVID vaccine cards on Android devices, starting in the US, and says it won't keep a copy of user's information — Google has announced today that Google Pay is now capable of saving and displaying COVID-19 vaccination cards on Android …
More:
Google Developers Blog, The Verge, The Verge, Gizmodo, SiliconANGLE, TechCrunch, TechCrunch, KnowTechie, t3.com, phonearena.com, PCMag, Android Headlines, BGR India, and TechSpot
Tweets: @drericding and @caesars
| Alex Hern / The Guardian: |
Facebook, Google, Twitter, and TikTok sign up to pledge led by WWWF, to overhaul their moderation systems to tackle the abuse of women on their platforms — Facebook, Google, Twitter and TikTok commit to overhaul their platform's moderation systems — Four of the world's largest social networks …
More:
World Wide Web Foundation, The Daily Dot, inews.co.uk, World Wide Web Foundation, The Verge, Engadget, BBC, CNET, and ZDNet
| Trilby Beresford / Hollywood Reporter: |
Singularity 6, which is developing an MMO community sim game called Palia, raises $30M Series B led by FunPlus Ventures, with a16z and others participating — ‘Palia’ is a massively-multiplayer simulation game designed for players to build friendships and community.
More:
VentureBeat, TechCrunch, Bleeding Cool, and GameSpot
| Amanda Silberling / TechCrunch: |
Karat Financial, which offers banking solutions to creators, gig workers, and other self-employed workers, raises $26M Series A led by Union Square Ventures — The creator economy is changing the way that people earn a living, whether you're an Instagram influencer or a freelance graphic designer.| Jonathan Zittrain / The Atlantic: |
A look at link rot, and projects like Perma, which are trying to give authors of enduring documents like scholarly papers a way to preserve links permanently — Sixty years ago the futurist Arthur C. Clarke observed that any sufficiently advanced technology is indistinguishable from magic.
More:
Financial Times. Tweets: @samvilkins, @jonahedwards, @paulg, @zittrain, @heghoulian, @adriennelaf, @matthewkeyslive, @grimmelm, @film_girl, @drewsthatdude, @lanceulanoff, @prof_gabriele, @berkmanonlyfans, @anjacks0n, @lljohnston, and @ethanz
| Russell Brandom / The Verge: |
FTC passes new measures expanding its power to regulate anti-competitive business practices, in its first open business meeting in more than 20 years — The first open business meeting of the Federal Trade Commission in more than 20 years — In an open meeting on Thursday … Sponsor Posts
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