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July 22, 2021, 5:10 PM
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| Makena Kelly / The Verge: |
Two Democratic senators introduce a bill to strip away social media platforms' Section 230 liability shield if they amplify harmful public health misinformation — A new bill would make Facebook liable for misinformation — As coronavirus cases rise in unvaccinated populations …
More:
Wall Street Journal, TechCrunch, Los Angeles Times, Engadget, Reuters, US Senate, and The Hill
| Adi Robertson / The Verge: |
The Biden administration's promise to “review” Section 230 in response to anti-vax posts on Facebook will fail since being wrong online is protected speech — ‘Reviewing’ Section 230 isn't the answer to anti-vax posts — Last week, the White House declared war …
More:
Washington Post, New York Times, and Bloomberg
Tweets: @faizapatelbcj, @russellbrandom, @timothydurigan, @evan_greer, @davidclinchnews, @evan_greer, and @greglinden
| Casey Newton / The Verge: |
Q&A with Zuckerberg about his vision for the metaverse and its potential to further splinter our sense of shared reality, Biden's comments about Facebook, more — As June came to an end, Facebook CEO Mark Zuckerberg told his employees about an ambitious new initiative.
More:
Insider. Tweets: @caseynewton, @caseynewton, @ballmatthew, @reckless, @alexhern, @ballmatthew, @martinsfp, @alexeheath, @caseynewton, @reckless, @reese_shapiro, @thedextriarchy, @craigsilverman, @caseynewton, @tomhbunting, and @reneritchie. Thanks:@thekenyeung
| Chance Miller / 9to5Mac: |
Several major websites and services were down on Thursday, including PlayStation Network, Steam, and UPS, due to issues with Akamai's Edge DNS service — Update 12:48 p.m. ET: Akamai says it has implemented a fix for the issue. “We have implemented a fix for this issue …
More:
CNBC, Akamai Edge DNS and GTM Status, The Verge, CNN, MacRumors, iTnews, Engadget, New York Times, ZDNet, International Business Times, SiliconANGLE, Entrackr, Windows Central, Livemint, TechCrunch, CRN, Android Police, The Economic Times, CNET, AppleInsider, and Finextra
Tweets: @akamai, @akamai, @nicoleperlroth, @mneylon, @martinsfp, @tomwarren, @jennfranconews, @juliettekayyem, @davidu, and @c_davies
| Edwin Chan / Bloomberg: |
Sources: China sees Didi's decision to go public despite pushback from regulators as a challenge to its authority and is considering unprecedented penalties — - Regulators weigh several penalties, from fine to delisting — Ride-hailing startup raised $4.4 billion in U.S. listing
More:
PYMNTS.com, CNBC, New York Post, Reuters, PingWest, and Tech in Asia
Tweets: @niubi, @pelstrom, @retheauditors, and @pelstrom
| Nature: |
Arm details PlasticARM, a 32-bit processor built on a flexible substrate, that it says can lead to embedding of low-cost, ultrathin chips into everyday objects — - John Biggs 1, - James Myers 1, - Jedrzej Kufel 1, - Emre Ozer — Abstract — Nearly 50 years ago, Intel created the world's …
More:
Tom's Hardware, New Scientist, Ars Technica, AnandTech, and Arm Community
Tweets: @underfox3, @arm, @jonmasters, @coneee, @petewarden, @edgeimpulse, @anshelsag, and @pragmatic_ltd
| James Vincent / The Verge: |
DeepMind says it used AI to create a “transformative” map of human proteins; some compare the potential impact of the work to that of the Human Genome Project — DeepMind plans to release hundreds of millions of protein structures for free — AI research lab DeepMind has created …
More:
BBC, MIT Technology Review, TNW, New York Times, Deepmind, The Guardian, Wired UK, TechCrunch, and VentureBeat
Tweets: @calebwatney, @rincon_p, @jjvincent, and @kent_walker
| Bloomberg Law: |
California Department of Fair Employment and Housing has sued Activision Blizzard for sexual harassment of and discrimination against its female staff — Video game giant Activision Blizzard Inc., maker of games including World of Warcraft and Diablo, fosters a “frat boy” …
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The Verge, IGN, Polygon, Axios, Kotaku, Destructoid, Insider, CNET, USA Today, PCMag, dexerto.com, KnowTechie, thegamer.com, Input, purexbox.com, Forbes, Windows Central, Pocket Gamer.biz, New York Post, Wccftech, GamesIndustry.biz, Variety, Engadget, VICE, Video Games Chronicle, Rock, Paper, Shotgun, MCV/DEVELOP, New York Times, GameSpot, Protocol, BBC, GamingBolt, PC Games Insider, Twinfinite, and Ars Technica
Tweets: @miss__slaughter, @alex_frostwolf, @alysiajudge, @tha_rami, @mowtendoo, @deligracy, @triketora, @thyashes, @robzacny, @the_katbot, @susanthesquark, @thezombiunicorn, @chrisbratt, @davidgallaher, @lindseypelas, @kalamitykas, @lukewaltham, @ign, @litt1er3d, @rainofterra, @zhugeex, and @someproducer
| Jordan Novet / CNBC: |
Twitter beats with Q2 revenue of $1.19B, up 74% YoY, vs $1.07B est., ad revenue of $1.05B, up 87% YoY, and mDAUs of 206M, up 11% YoY; stock is up 8%+ — - Twitter's revenue growth accelerated and surpassed analysts' expectations. — The social-media company introduced its first subscription service in the quarter.
More:
Axios, Associated Press, and Twitter, Inc.
Tweets: @randomfelipe, @quinnypig, @anthony, and @b52malmet
| Shoshana Wodinsky / Gizmodo: |
Grindr has a track record of saying that data shared with brokers is encrypted and unidentifiable, despite the use of such data to out a Catholic priest, others — The latest scandal to rock the Catholic Church was both incredibly unnerving and entirely preventable. Why isn't anyone doing anything about it?
More:
New York Times, VICE, Ars Technica, Vox, VICE, Newser, and Slate
| Salvador Rodriguez / CNBC: |
Snap Q2: revenue of $982M, up 116% YoY, DAUs up 23% YoY to 293M, and net loss shrunk 53% YoY to $152M; stock is up 13%+ after hours — - Snap on Thursday reported its second-quarter earnings, beating expectations across the board for earnings, revenue and user growth.| Catalin Cimpanu / The Record: |
Kaseya says it obtained a universal decryptor for the REvil ransomware and is helping customers recover their data; it is unclear if Kaseya paid the ransom — Remote management software vendor Kaseya said today it obtained a universal decryptor for the REvil ransomware and is now in the process …
More:
BleepingComputer, Ars Technica, CRN, and CyberScoop
Tweets: @nicoleperlroth, @adam_k_levin, and @campuscodi
| Chance Miller / 9to5Mac: |
Twitter is testing a way to downvote replies on iOS to understand the types of replies users find relevant to a conversation; downvotes won't be public — Last year, Twitter's chief product officer Kayvon Beykpour confirmed that the social network was “exploring” the idea of adding a dislike button to the app.
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NBC News, TechCabal, The Irish Times, inews.co.uk, TechRadar, Android Headlines, PCMag, iMore, The Hill, BBC, BetaNews, Gizchina, KnowTechie, Mashable, searchenginejournal.com, MacRumors, afrotech.com, The Overspill, and MUO
Tweets: @twittersupport, @twittersupport, @iglehart97, @reddit, @alexisohanian, @xavimenos, @papapishu, @may_gun, @adrierising, @metalshayne2000, @muldowney, @timteemoyt, @alishagrauso, @androidcentral, @alexisohanian, @coopercooperco, @coopercooperco, @mashable, @devolverdigital, @lumpythecook, @jlponiine, @scalzi, @slashdot, @shadowbiood, @rstephens, @producthunt, @mattblaze, and @martinsfp
| Ryan Browne / CNBC: |
Visa buys Currencycloud, which sells software for banks and fintech companies to process cross-border payments, in a deal valuing the UK startup at £700M — - Visa is buying Currencycloud in a deal valuing the British payments start-up at £700 million.
More:
Visa Inc, PYMNTS.com, FinLedger, TechCrunch, Currencycloud, Coinspeaker, Reuters, and Tech.eu
Tweets: @visanews, @sarthakgh, @jamesplloyd, @currencycloud, @shaheenbudhrani, and @ryan_browne_
| Jessica Bursztynsky / CNBC: |
Uber Freight to acquire Transplace, which makes transportation management software, from TPG, in a deal that values Transplace at $2.25B — - Uber Freight, the rideshare company's trucking division, said Thursday it's acquiring Transplace in a deal that values the transportation logistics company at $2.25 billion.
More:
Barron's Online, Transplace, PYMNTS.com, TechCrunch, International Business Times, ZDNet, The Economic Times, Forbes, San Francisco Business Journal, Tech Xplore, Wall Street Journal, New York Post, and The Hill
Tweets: @frankcnbc, @morganlbrennan, @jbursz, @stevekovach, @danprimack, @transplace, and @rihardjarc
| Sarah Perez / TechCrunch: |
Instagram is testing Limits, which lets users facing a flood of harassment temporarily limit comments and messages from specific groups of followers — Instagram head Adam Mosseri confirmed the company is testing a new feature called “Limits,” which would give users the ability to temporary lock … | Ingrid Lunden / TechCrunch: |
Filing: grocery delivery startup Gopuff is raising up to $750M Series H at a valuation of $13.5B; Gopuff last raised $1.15B at an $8.9B valuation in March — Gopuff, the “instant” grocery delivery startup that has been on an acquisition and expansion tear in the last several months to scale its business … | Dieter Bohn / The Verge: |
Google's unified smartwatch platform with Samsung to be called Wear OS 3 and come as an update to a few watches in H2 2020, not including any Tizen watches — Only a few current watches will get it, but not until late 2022 — Google has finally given its new, unified smartwatch platform a name — and it's an obvious one: Wear OS 3.
More:
Android Police, 9to5Google, XDA Developers, support.google.com, Gizmodo, TechSpot, 9to5Google, CNET, Engadget, and SlashGear. Tweets: @backlon
| Just Security: |
Concerns over China's online influence campaigns overseas, while valid, are often overblown as there is little evidence to show campaigns are actually working — On April 27, 2021, Tristan Harris, a tech critic and former Google employee, warned at a U.S. Senate hearing that we are facing …
Tweets: @citizenlab and @yoyoel
| Natasha Mascarenhas / TechCrunch: |
Index Ventures closes a $900M early-stage fund, a $2B growth-stage fund, and a $200M seed-stage fund, giving Index $3B in new capital, its largest tranche yet — Index Ventures has closed a trio of new funds: a $900 million early-stage fund, a $2 billion growth-stage fund and a previously announced $200 million seed-stage fund.
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Sifted. Tweets: @mark_goldberg_, @ahnchrisj, @ninaachadjian, @nmasc_, @mavolpi, and @rex_woodbury
| Kif Leswing / CNBC: |
Intel reports Q2 revenue of $18.5B, up 2% YoY, vs. $17.8B est., Data Center Group revenue of $6.5B, down 9% YoY, while PC unit sales were up 33% YoY — - Intel reported second-quarter earnings on Thursday in CEO Pat Gelsinger's second earnings report at the helm of the American chip giant.
More:
Intel
| Michael Corkery / New York Times: |
Amazon ends use of arbitration for customer disputes, which critics said put consumers at a huge disadvantage; disputes can now be pursued in federal court — Now they will be pursued in federal court, a significant retreat from a strategy that often helps companies avoid liability.| Ingrid Lunden / TechCrunch: |
Yoobic, an app for service workers to manage tasks and communicate with colleagues, raises $50M Series C, source says at a valuation between $300M and $400M — Slack set the standard in many ways for what knowledge workers want and expect out of a workplace collaboration app these days …
More:
Tech.eu, Silicon Canals, and FinSMEs
| Jonathan Greig / ZDNet: |
Analysis: 740 organizations faced ransomware attacks and had their data posted to leak sites in Q2 2021, up 47% QoQ; attacks on retail sector grew 183% QoQ — Digital Shadows' Q2 ransomware report highlighted that the number of victims posted to data leak sites increased by 47% compared to Q1.
More:
Digital Shadows
| Carly Page / TechCrunch: |
Magic, which provides an SDK for developers to implement a variety of passwordless authentication methods, raises $27M Series A led by Northzone — Magic, a San Francisco-based startup that builds “plug and play” passwordless authentication technology, has raised $27 million in Series A funding.
More:
SiliconANGLE, VentureBeat, CoinDesk, The Block, and Decrypt
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Tweets: @oneunderscore__, @oneunderscore__, @gizmodo, @passantino, @justinhendrix, @mattnavarra, @shannonpareil, @jesselehrich, @evelyndouek, @bostonjoan, @brchastain, @kevinctofel, @brianstelter, @mzhemingway, @megynkelly, @smgculture, @ccdhate, @markruffalo, @leeknelly, @selenagomez, @selenagomez, @oliverdarcy, @brianstelter, and @brianstelter. Thanks:@thekenyeung
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