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July 7, 2021, 4:50 PM
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| Bloomberg: |
Sources: China plans rule changes requiring Chinese companies to seek approval to list overseas, even if the unit selling shares is incorporated outside China — - Securities regulator working to change overseas listing rules — Change would require VIE firms to get nod to list offshore
More:
New York Times, Tech in Asia, Nikkei Asia, PYMNTS.com, Reuters, TechNode, and Wall Street Journal
Tweets: @gopalsri, @shiraovide, @luluyilun, @bluff_capital, @rmkoutfront, @jorge_guajardo, and @liyuan6
| Bloomberg: |
China's crackdown on its tech giants wiped a combined $823B off their market value since a Feb. peak, with Tencent, Alibaba, and Kuaishou as the biggest losers — - Selling in technology sector seen continuing this quarter — Hang Seng Tech Index has lost 31% from February high
More:
Bloomberg, Protocol, and Financial Times
Tweets: @can, @vshih2, @jacobhelberg, @jacobhelberg, and @sub8u
| CNBC: |
Donald Trump sues Facebook, Twitter, and Google, as well as their CEOs, alleging the companies have violated his First Amendment rights — - Former President Donald Trump announced he is suing Facebook, Twitter and Google, as well as their respective CEOs Mark Zuckerberg, Jack Dorsey and Sundar Pichai.
More:
Washington Post, Associated Press, CNN, Bloomberg, The Verge, CNET, Ars Technica, Protocol, TechCrunch, Tech Policy Press, The Economic Times, BBC, Yahoo News, Financial Times, Vox, Gizmodo, AppleInsider, TNW, The Register, Heimdal Security Blog, Axios, CCIA, Finbold, TechCrunch, iThinkDifferent, HotHardware.com News, Insider, Engadget, PCMag, Financial Times, The Wrap, The Hill, Reuters, Android Central, Mashable, Variety, Neowin, MacDailyNews, and KnowTechie
Tweets: @nytnickc, @adamsteinbaugh, @bradheath, @bencjacobs, @devlinbarrett, @samstein, @tribelaw, @saracarterdc, @billmon27, @teri_kanefield, @goldengateblond, @cward40mc, @out5p0ken, @tonygoldmark, @kendallybrown, @bobbywilson1004, @levparnas, @michaelgrantbks, @joycecaroloates, @brooklynmarie, @lindaholmes, @erickfernandez, @adamkinzinger, @keitholbermann, @harrylitman, @tortmuseum, @katiephang, @walshfreedom, @morningconsult, @sarafischer, @m_feeney, @pwnallthethings, @caseynewton, @barbmcquade, @evelyndouek, @geoffrbennett, @pwnallthethings, @willoremus, @adamsteinbaugh, @pwnallthethings, @axios, @mattblaze, @dylanbyers, @djrothkopf, @dylanbyers, @meridithmcgraw, @sarafischer, @willoremus, @rayredacted, @pwnallthethings, @adamsteinbaugh, @mmasnick, @kevincollier, @pwnallthethings, @pwnallthethings, @adamsteinbaugh, @bradmossesq, @arguendiot, @oliverdarcy, @popehat, @reckless, and @campuscodi
| Alex Heath / The Verge: |
Facebook-commissioned study by Comscore claims that most US iOS and Android users stick with preinstalled apps; Apple says the study is “seriously flawed” — If you use an iPhone or Android phone, chances are the majority of your most-used apps were made by Apple and Google.| Gené Teare / Crunchbase News: |
Analysis of global venture funding for H1 2021: $288B invested, an all-time high and up by $110B on H2 2020, with most going to late-stage companies — Global venture capital funding in the first half of 2021 shattered records as more than $288 billion was invested worldwide, Crunchbase numbers show.
More:
The Information and BetaKit
| Igor Bonifacic / Engadget: |
TikTok tests letting US users apply for jobs with video resumes, posted with a #TikTokResumes hashtag; 30+ brands join the pilot including WWE, Shopify, Target — expanding into job recruitment. As of today, the company has launched a pilot program that allows people in the US to apply for entry …
More:
TikTok, The Verge, and 9to5Mac
Tweets: @alanaauston, @rabbithole_gg, @k17ubha, @joshuaogundu, @joshuaogundu, @contrahq, @admaniexplains, @carnage4life, @sarthakgh, @mmasnick, and @caseynewton
| Wall Street Journal: |
A Dutch security researcher group says it had notified Kaseya in April about one of the flaws that was exploited in the devastating ransomware attack last week — President Biden is meeting officials to discuss recent attacks, including latest affecting hundreds of organizations around the world
More:
PYMNTS.com, The Hill, Windows Central, BleepingComputer, DIVD CSIRT, Graham Cluley, CyberScoop, TechRadar, and Threatpost
Tweets: @mbthreatintel, @gazthejourno, @dnvolz, @nicoleperlroth, and @wsj
| Tom McKay / Gizmodo: |
In an attempt to keep ahead of China's regulations, Tencent says it'll use a facial recognition system to prevent minors from playing games late into the night — Shenzhen, China-based gaming giant Tencent has announced it will use a face recognition system to prevent minors in its home country …
More:
Ars Technica, PingWest, PC Gamer, Input, iPhone in Canada Blog, Digital Trends, Insider, BBC, PCMag, thegamer.com, and caixinglobal.com
Tweets: @sixthtone, @evan_greer, and @tiffanycli
| Jason Schreier / Bloomberg: |
Ubisoft confirms it's developing Assassin's Creed Infinity, an online service with evolving gameplay that expands over time, seeking to emulate Fortnite and GTA — Assassin's Creed, a video game franchise set in huge worlds where each one can take hundreds of hours to complete, is getting even bigger.
More:
Ubisoft, Game Informer, HotHardware.com News, Laptop Mag, VentureBeat, Windows Central, Tom's Guide, GamesIndustry.biz, mobilesyrup.com, KnowTechie, TechRadar, SlashGear, thegamer.com, TechSpot, Rock, Paper, Shotgun, PC Gamer, Game Rant, GameSpot, Press Start, purexbox.com, Kotaku Australia, GamingBolt, Wccftech, MSPoweruser, Engadget, VG247, Destructoid, Trusted Reviews, The Verge, Digital Trends, Polygon, Forbes, Video Games Chronicle, Pocket-lint, Micky, and Gamasutra
Tweets: @jasonschreier, @jasonschreier, @jasonschreier, @laurakbuzz, @zhugeex, @jasonschreier, @jasonschreier, and @ubisoft
| Michael P. Regan / Bloomberg: |
A look at synthetic shares of Apple, Amazon, and others, which track the prices of real stocks and are being traded on blockchain projects like Mirror Protocol — - A DeFi ‘Trojan Horse’ finds its way to the stock market — Sounds like ‘investor-protection issue,’ says Themis's Saluzzi
More:
AppleInsider, Blockonomi, BTCMANAGER, MacDailyNews, and iMore
Tweets: @thestalwart, @counternotions, @sandeepparekh, @crypto, @sivaram_v, @d0h0k1, @davidgzeiler, and @algotrdr
| Carson Kessler / ProPublica: |
Some users have reported getting locked out of their accounts at Chime, a “neobank” serving millions, with 920 complaints filed to CFPB since April 15, 2020 — Chime, a “neobank” serving millions, is racking up complaints from users who can't access their cash.| Parmy Olson / Wall Street Journal: |
How activists and fraudsters are evading facial recognition, including by using face masks and paint and combining multiple faces to form a new identity — The Future of Everything covers the innovation and technology transforming the way we live, work and play, with monthly issues on health, money, cities and more.
Tweets: @evanselinger, @martijnrasser, and @parmy
| Natasha Lomas / TechCrunch: |
Mozilla's crowdsourced study about YouTube over a 10-month period finds 71%+ videos flagged as objectionable by participants were recommended by YouTube itself — For years YouTube's video-recommending algorithm has stood accused of fuelling a grab-bag of societal ills by feeding users …
More:
NBC News, Wall Street Journal, AppleInsider, CNET, ZDNet, The Daily Dot, TNW, Adweek, and The Hill
Tweets: @johnwilander, @ronamadeo, @adl, @brandyzadrozny, @anthony, and @hypervisible
| Alfred Ng / The Markup: |
Public records and a 2019 version of its user guide show just how invasive AnyVision's facial recognition software can be; AnyVision's customers include schools — One school using the software saw that a student's face was captured more than 1,000 times during the week
Tweets: @alfredwkng, @themarkup, @evan_greer, @evan_greer, @jessedamiani, and @fabiochiusi
| Thomas Shum / Bloomberg: |
Sotheby's auction house says it will accept bitcoin and Ether at the sale of a 101.38-carat diamond, which could fetch as much as $15M, on Friday — - Pear-shaped flawless gem could fetch $15 million at auction — Bitcoin, Ether will be accepted at Hong Kong sale on Friday
More:
BitcoinExchangeGuide, BTCMANAGER, and Financial News
| Sarah McBride / Bloomberg: |
Evernote founder's Mmhmm, a video service that works with Zoom, Teams, and Webex and can add effects to calls, raises $100M led by SoftBank's Vision Fund — When Phil Libin created note-taking app Evernote in 2007, he was making a bet that smartphones would be the next big thing.| Ryan Browne / CNBC: |
Wise begins trading in London direct listing, valuing the money transfer firm at $11B, and launches OwnWise, a program to let users own a stake in the company — - Wise shares opened at £8 a share Wednesday morning, giving the company a market value of £8 billion ($11 billion).
More:
Reuters, PYMNTS.com, Bloomberg, Insider, The Guardian, Sifted, Crowdfund Insider, Tech.eu, and Bloomberg
Tweets: @bgurley, @quinnypig, @ryan_browne_, and @ryan_browne_
| Jeanne Whalen / Washington Post: |
Inside a GlobalFoundries chipmaking plant in upstate NY, filled with $10B worth of machinery, detailing the three-month, 700-step chip manufacturing process — The U.S. Senate has set aside $52 billion in hopes of increasing the U.S. share of semiconductor manufacturing.
Tweets: @stevenkvogel
| Mary Ann Azevedo / TechCrunch: |
Unit21, which helps businesses monitor fraudulent activities via APIs and a dashboard, raises $34M Series B led by Tiger Global at a $300M valuation — Unit21, a startup that helps businesses monitor fraudulent activities with its no-code software, announced today it has raised $34 million …
Tweets: @bayareawriter and @darian314
| Ben Thompson / Stratechery: |
Instagram's shift away from being a photo-sharing app fits within its broader continuous evolution, from photo filtering tool to network to Stories and beyond — Last week Head of Instagram Adam Mosseri posted a video on Instagram about Instagram: … Everyone that I've seen …
Tweets: @cnyari, @alexroy144, @leratomannya, @mattnavarra, @chrisbrogan, @mosseri, and @stratechery
| Rebecca Chowdhury / MIT Technology Review: |
Hands-on with New York's Excelsior Pass vaccine passport: low adoption, privacy concerns, persistent technical glitches, and limited use at top leisure venues — When we tested New York's Excelsior Pass, we found privacy concerns, technical glitches, and questions over who it's really for.
Tweets: @techreview, @rebecca_chowd, @techreview, @brianmcc, and @miarsato
| Gerrit De Vynck / Washington Post: |
A look at the debate over autonomous weapons: 30 countries support a total ban, the US says concerns are overblown, and Russia says such weapons don't yet exist — The Pentagon says a ban on AI weapons isn't necessary. But missiles, guns and drones that think for themselves …
Tweets: @gerritd, @ylitvinenko, @onekade, @daankayser, @washingtonpost, @oriana0214, @gerritd, @heatherkelly, @willoremus, and @susanoftexas
| Alex Wilhelm / TechCrunch: |
r2c, which is developing SaaS tools based on the Semgrep open source project, raises $27M Series B led by Felicis — This morning r2c, a startup building a SaaS service around the Semgrep open-source project, announced that it has closed a $27 million Series B. Felicis led the round, which the company said was a pre-emptive deal.Sponsor Posts
TELUS Digital:
Are you ready for the era of agentic AI? — Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse. Equip yourself with the info you need in this recorded webinar.
Are you ready for the era of agentic AI? — Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse. Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations — Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
State of AI: Adoption, Challenges and Recommendations — Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
AI agents: Smart ways to manage work — Artificial intelligence is a buzzword you'll hear everywhere today—regardless of the vertical, companies are looking to incorporate it. At Zoho Cliq, we made AI a part of our platform long before it became a trend.
AI agents: Smart ways to manage work — Artificial intelligence is a buzzword you'll hear everywhere today—regardless of the vertical, companies are looking to incorporate it. At Zoho Cliq, we made AI a part of our platform long before it became a trend.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
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A show from the Verge about big ideas - and other problems.
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Spotlight On:
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A podcast from Accel about how companies are built, from the people doing the building.
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Neil Mehta - Finding Future S&P 500 Companies
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