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July 25, 2021, 10:05 PM
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| Stephanie Kirchgaessner / The Guardian: |
WhatsApp CEO says they had recorded an attack against 1,400 users over a two-week period in 2019, casting doubts on NSO's defense against Pegasus project claims — Will Cathcart claims government officials around the world among 1,400 WhatsApp users targeted in 2019
More:
CNN, 9to5Mac, VICE, PCMag, Insider, Washington Post, Gizmodo, Engadget, AppleInsider, and MediaNama
| Kim Zetter / Zero Day: |
More:
Ars Technica, Forbes, The Guardian, and The Verge
Tweets: @evacide, @kimzetter, @craiu, @kennwhite, @aaschapiro, @k8em0, @adam_k_levin, @appleinsider, @lorenzofb, @kenroth, @hahellyer, @hatr, @mairavz, @lorenzofb, @campuscodi, @camillefrancois, @safimichael, @kaepora, @h_tejas, @poppymcp, @profcarroll, @aakar__patel, @kateoflaherty, @rj_gallagher, @sivavaid, @matthew_d_green, @zachsdorfman, @dangoodin001, @kimzetter, @runasand, and @dangillmor
| Priya Anand / Bloomberg: |
Parking apps in the US have seen a new wave of customers amid a surge in car ownership spurred by people avoiding mass transit and ride sharing due to COVID-19 — During the depths of the U.S. coronavirus pandemic, cars sat idly in driveways, city streets were deserted, onetime commuters worked from bed …
Tweets: @bw
| Bloomberg: |
In a blow to the edtech sector, China orders tutoring companies teaching the school curriculum to go non-profit, bans them from IPOs and raising foreign capital — - After-school tutors can't raise capital or float shares — Sweeping curbs will up-end a once-thriving, big-money sector
More:
Reuters, Reuters, and Forbes
Tweets: @benpatrickwill, @luluyilun, @luluyilun, @andrewbatson, @wolfiezhao, @willrocklin, @davidinglestv, @danmcohen, @carnage4life, and @guptpiy
| Yinka Adegoke / Rest of World: |
Kenyan tech founders say there is a funding bias toward North American and European expats in the country; analysis: only one Kenyan founder raised $1M+ in 2019 — To break the cycle of favoritism and white privilege, Kenya's tech ecosystem needs to back itself with money and self-belief.
Tweets: @restofworld, @restofworld, @restofworld, @yinkawrites, @sarawahedi, @restofworld, @claudinemoore, @yinkawrites, and @stephenpaduano
| Jing Yang / Wall Street Journal: |
As China ramps up testing of its digital yuan, its call for help from Ant and Tencent has led to an awkward dynamic, as Alipay and WeChat Pay are likely rivals — Jack Ma's Ant has quietly run pilot tests using digital yuan; 'it's even more risky to stay on the sidelines,' says one observer
Tweets: @wsjmarkets, @wsj, and @timcohn
| Kris Holt / Engadget: |
Blizzard president calls sexual harassment lawsuit “extremely troubling” in internal memo while a VP says it presents a “distorted and untrue” view of company — Blizzard president J. Allen Brack called the allegations ‘extremely troubling.’| New York Times: |
A look at FTX, Binance, BitMEX, and their once North America-based founders, who run exchanges for highly-leveraged crypto derivatives trading outside the US — A new generation of industry leaders has set up offshore trading exchanges largely beyond the reach of American regulators.
More:
CoinDesk, New York Times, Decrypt, and Bitcoin News
| Sami Fathi / MacRumors: |
Mark Gurman: Face ID on the Mac is likely coming within a couple of years, and all iPhones and iPads will transition to Face ID within that timeframe, too — Apple plans to bring Face ID to the Mac within the next “couple of years,” respected Bloomberg journalist Mark Gurman said today in the latest edition of his Power On newsletter.
Source:
Bloomberg. More:
9to5Mac, AppleInsider, mobilesyrup.com, Wccftech, 9to5Mac, iThinkDifferent, iPhone Hacks, iPhone in Canada Blog, AppleInsider, Patently Apple, FrontPageTech.com, and iClarified
Tweets: @anshelsag, @samifathi_, @justinflood, and @samifathi_
| Bloomberg: |
Canadian auto parts supplier Magna has agreed to buy Veoneer, which develops advanced driver-assistance systems for autonomous vehicles, for $3.8B in cash — - Veoneer shares slumped following spinoff by Autoliv in 2018 — Offer represents a 57% premium to closing price Thursday
More:
Globe and Mail, Automotive News, Barron's Online, Reuters, TheStreet, and GlobeNewswire News Room. Tweets: @bloombergtv
| Christine Hall / TechCrunch: |
Lev, which wants to automate commercial real estate financing, raises $30M Series A at a $130M valuation, after raising a $10M seed round four months ago — Commercial real estate has been slow to embrace technology; though it has an addressable financing market of more than $40 billion …
More:
FinSMEs, PR Newswire, Commercial Observer, The Real Deal New York, and AlleyWatch. Tweets: @nfx
| Che Pan / South China Morning Post: |
Chinese chip manufacturer Tsinghua Unigroup, which is saddled with ~$30.8B in liabilities, is seeking a huge bailout from investors amid bankruptcy proceedings — Unigroup requires a strategic investor with minimum total assets worth US$7.7 billion or US$3.1 billion in minimum net assets … | Christine Hall / TechCrunch: |
Paystone, which provides service-based businesses with payments and customer engagement tech, raises $23.8M, bringing its total funds raised in 2021 to $78.8M — Paystone, a payments and integrated software company, secured another strategic investment this year, this time $23.8 million …
More:
Finextra, Business Wire, FinLedger, and BetaKit
Sponsor Posts
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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.
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