Techmeme
July 27, 2021, 6:25 AM

Top News

Stephen Nellis / Reuters:
Intel says its Foundry Services will build chips for Qualcomm and AWS and lays out a roadmap to catch up with TSMC and Samsung by 2025  —  Intel Corp (INTC.O) said on Monday its factories will start building Qualcomm Inc (QCOM.O) chips and laid out a roadmap to expand its new foundry business …
Jason Schreier / Bloomberg:
About 1,000 current and former Activision Blizzard employees say the company's response to its recent lawsuit is “insulting”, in a letter to leadership  —  Nearly 1,000 current and former Activision Blizzard Inc. employees have signed a letter calling the company's responses …
Tom Krazit / Protocol:
Google issues a new Enterprise APIs policy, promising that APIs will remain available far into the future, aiming to move past a reputation for killing services  —  Google Cloud issued a promise Monday to current and potential customers that it's safe to build a business around its core technologies …
Todd Feathers / VICE:
A look at ShotSpotter, which uses sensors to “detect gunshots”, as court filings suggest it frequently alters evidence at the request of police departments  —  Prosecutors in Chicago are being forced to withdraw evidence generated by the technology, which led to the police killing …
Janko Roettgers / Protocol:
Facebook announces a new Metaverse product group, with plans to hire hundreds of staff, led by Instagram VP Vishal Shah, reporting to VR/AR VP Andrew Bosworth  —  The company plans to hire hundreds of new staffers for the group.  —  Facebook is all in on the Metaverse …
Dieter Bohn / The Verge:
Samsung confirms that it won't launch Galaxy Note at its Unpacked event on Aug. 11, says it will launch new Galaxy Z phones and an S Pen designed for foldables  —  The company also promises ‘enhanced durability’  —  Samsung isn't looking to have many surprises at its August 11th Unpacked event.
Catherine Shu / TechCrunch:
Indonesia-based grocery delivery app HappyFresh raises $65M Series D led by Naver Financial Corporation and Gafina B.V.  —  HappyFresh, the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. The round was led by Naver Financial Corporation and Gafina B.V. …
Tage Kene-Okafor / TechCrunch:
South Africa-based Yoco, which offers offline and online payment solutions for SMEs, raises $83M Series C led by Dragoneer, bringing total raised to $107M  —  Small and medium enterprises (SMEs) contribute heavily to the economic success of many countries, particularly those in the developing world.
Catalin Cimpanu / The Record:
Apple updates iOS, iPadOS, and macOS to address a zero-day flaw that was reportedly actively exploited, making it the 13th zero-day Apple has patched this year  —  Apple has released patches today for iOS, iPadOS, and macOS to address a zero-day vulnerability that the company says has been exploited in the wild.
Ingrid Lunden / TechCrunch:
ActiveFence, whose tech proactively detects disinformation and other malicious content, raises $100M in a combined Series A and Series B  —  Online abuse, disinformation, fraud and other malicious content is growing and getting more complex to track.  Today, a startup called ActiveFence …
More: CTech
Todd Shields / Bloomberg:
FCC challenges a bid won by SpaceX for $886M in rural broadband subsidies, concerned some of the spending may be wasteful, duplicative, or headed for other uses  —  - Company is among 197 winning bidders to get letters from FCC  — Agency says it's cleaning up results from auction last year
More: The Verge
Bloomberg:
The Hang Seng Tech Index, which tracks the 30 biggest Hong Kong-listed tech companies, including Tencent and Alibaba, is down $551B+ since its February peak  —  - Gauge has lost about $551 billion in market value from peak  — Still, ETFs tracking it have recorded rising inflows this year
Bloomberg:
Elizabeth Culliford / Reuters:
Facebook, Twitter, Microsoft, YouTube, and others will now add content from white supremacist and far-right militias to a key counterterrorism database  —  A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook (FB.O) and Microsoft (MSFT.O) …
Issie Lapowsky / Protocol:

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