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August 12, 2021, 9:20 AM
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| John D. McKinnon / Wall Street Journal: |
Three US senators unveil the bipartisan Open App Markets Act, which would force app stores to allow sideloading and let developers use their own IAP systems — Legislation would place new limits on how Apple and Google app stores can operate — WASHINGTON—Senators introduced legislation Wednesday …
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United States Senator …. More:
XDA Developers, Washington Post, CNBC, The Verge, Protocol, Bloomberg, Reuters, FOSS Patents, The Register, Engadget, Phandroid, CNBC, CNN, Variety, Bloomberg, Wccftech, ZDNet, Ubergizmo, Tubefilter, Mediaite, Billboard, PYMNTS.com, iMore, Gizmodo, The Daily Caller, Cult of Mac, OSnews, IGN, 9to5Mac, and Patently Apple
Tweets: @rileytestut, @newley, @horaciog, @senblumenthal, @carnage4life, @senblumenthal, @davidclowery, @unikum_sol, @davidclowery, @ericflo, @websightguy, @davidclowery, @stevekovach, @alexlindsay, @wsjpolitics, @jeiting, @zoecello, @marshablackburn, @rileytestut, @marshablackburn, @jeiting, @chrismlacy, @jpavao, @davidclowery, @chrismlacy, @davidclowery, @evan_greer, @thezedwards, @alexlindsay, @tolmasky, @zoecello, @kentbye, @senblumenthal, @bcmerchant, and @pierce
| Gael Fashingbauer Cooper / CNET: |
Twitter rolls out a web and app redesign, implementing its first proprietary font, Chirp, high-contrast black and white follow and unfollow buttons, and more — It's inevitable: Twitter changes Twitter, and Twitter users complain on Twitter. But does Chirp make you feel like a woodpecker is pounding on your skull?
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Twitter, TechCrunch, PCMag, The Verge, Tom's Guide, Wccftech, Android Central, Memeburn, Firstpost Tech, TestingCatalog, TNW, TechRadar, The US Sun, Adweek, and Engadget
Tweets: @twitterdesign, @twitter, @twittera11y, @davewiner, @twitterdesign, @queer_queenie, @favoniussol, @jennschiffer, @twitterdesign, @twitterdesign, @twitterdesign, @_psot, @rkrigney, @dcurtis, @inflatabird, @bloops_, @cnet, @revrrlewis, @andrew3lash, @shoe0nhead, @wongmjane, @cmclymer, @andraydomise, @patrickmoorhead, @joshwcomeau, @dantley, @gavreilly, @andraydomise, and @ztsamudzi
| Mike Isaac / New York Times: |
Reddit raises $410M+ led by Fidelity Investments at a $10B+ valuation, up from $6B six months ago when it raised $250M; the new round could reach ~$700M — Reddit, the virtual town square of the consumer internet, has raised a fresh $410 million in funding, valuing it at more than $10 billion, the company said on Thursday.
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The Verge, TechCrunch, Reuters, The Wrap, Wall Street Journal, Insider, Bloomberg, Variety, and Hollywood Reporter
Tweets: @bowknowsbiz, @bowknowsbiz, and @sarafischer
| Simon Evans / Reuters: |
Lionel Messi's new contract with Paris St Germain includes a “large number” of crypto $PSG Fan Tokens from Socios.com, which let holders vote on minor decisions — Argentine soccer star Lionel Messi's transfer to French club Paris St Germain included a payment in cryptocurrency fan tokens …
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CoinDesk, EN.PSG.FR, The Block, Forbes, Decrypt, Cointelegraph, Yahoo Finance, CoinJournal, Cryptonews, New York Post, Crypto Briefing, cryptodaily.co.uk, CNBC, Cointelegraph, and Reuters
Tweets: @oscarwgrut, @oscarwgrut, @socios, and @mdudas
| Tim Copeland / The Block: |
Group behind Poly Network, a cross-chain protocol used for DeFi applications, says a hacker has stolen $611M; one researcher blames the attack on a crypto flaw — Quick Take — Cross-chain protocol Poly Network has been hacked for $611 million. — The team behind the protocol … | Wolfie Zhao / The Block: |
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Chainalysis Blog, Reuters, Forkast, Medium, Decrypt, Silicon Republic, TNW, Decrypt, CoinDesk, CNBC, CyberNews, Forbes, TechRadar, Cryptonews, CryptoSlate, Bloomberg, Wall Street Journal, KrASIA, The Overspill, SiliconANGLE, BBC, NewsBTC, The Register, PYMNTS.com, VICE, BleepingComputer, and ZDNet
Tweets: @polynetwork2, @polynetwork2, @rosexrp, @ukmatc, @amhedh, @michaelreuter, @sniko_, @sniko_, @sniko_, @oscarwgrut, and @noelleinmadrid
| Nathan Grayson / Washington Post: |
Thousands of marginalized streamers implore Twitch to counter “hate raids”, where groups of malicious users fill a streamer's chat with targeted abuse — During an Aug. 6 broadcast, the Twitch streamer RekItRaven — who is Black and uses they/them pronouns …
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GamesIndustry.biz, PC Gamer, Gamasutra, The Verge, and dexerto.com
Tweets: @twitch, @cypheroftyr, @twitch, @twitch, @iambrandontv, and @vahn16
| Lizette Chapman / Bloomberg: |
Palantir reports Q2 revenue of $376M, up 49% YoY, as sales to governments rose 66% YoY; Q3 revenue is forecasted to rise 33% YoY to $385M; stock rise 5%+ — - Third-quarter revenue will be $385 million, company said — Second-quarter revenue grew 49%; loss was 7 cents a share| The Information: |
Sources: DoorDash recently held talks to buy Instacart for between $40B and $50B, but the talks fell apart due to potential antitrust scrutiny — DoorDash held talks to buy Instacart over the past two months, say people familiar with the situation, for a price that likely would have been between $40 billion and $50 billion.| Christine Hall / TechCrunch: |
Talkdesk, which provides cloud-based call center software, raises $230M Series D at a $10B valuation, following $143M Series C at a $3B valuation from last July — Talkdesk, a provider of cloud-based contact center software, announced $230 million in new Series D funding that more than triples …
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VentureBeat, Crunchbase News, Reuters, Wall Street Journal, and Business Wire
| Naman Ramachandran / Variety: |
UK's CMA says it has provisionally found that Facebook's Giphy acquisition could negatively impact competition, such as by denying competitors access to GIFs — The merger of social media giant Facebook and Giphy, the largest provider of GIFs, has run into a roadblock from the U.K.'s Competition and Markets Authority (CMA).
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Associated Press, Engadget, CNBC, Forbes, Reuters, Financial Times, GOV.UK, and Neowin
| Manish Singh / TechCrunch: |
Mumbai-based Eruditus, which makes top tier university courses accessible globally, raises $650M led by Accel and SoftBank Vision Fund 2 at a $3.2B valuation — Mumbai-based Eruditus, which works with top universities globally to offer more than 100 executive-level courses to students in over 80 nations …
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The Economic Times, Entrackr, VCCircle, DealStreetAsia, Crunchbase News, Tech in Asia, Livemint, and Bloomberg
| CNBC: |
Snap creators say they are leaving Snapchat's Spotlight feature as payments have dried up after June 1, with some moving to YouTube, Instagram, and TikTok — - Creators say they're leaving Snapchat's Spotlight feature after payments on the service had dried up.| Li Jin / Li's Newsletter: |
A look at how centralized social media platforms have made the creator and gig economies equally corrosive for workers and what can be done to remedy the issue — The creator economy is becoming the gig economy—but there's still time to turn things around
Tweets: @p_millerd, @cnyari, @zoescaman, @mattschaar, and @om
| Sarah Perez / TechCrunch: |
TikTok details upcoming protections for users aged 13 to 17, including turning in-app messaging off by default and changes to notifications — TikTok today becomes the latest tech company to roll out increased protections for minors on its platform in the wake of increased regulatory scrutiny.| Bloomberg: |
Sources: Atlanta-based MailChimp explores strategic options, including a sale at a $10B+ valuation; source says MailChimp had $300M in EBITDA earnings in 2020 — - Marketing company attracts interest from PE firms, strategics — Atlanta-based firm is currently 100% owned by founders
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PYMNTS.com. Tweets: @katie_roof, @newsynick, @joshsternberg, @newsynick, @yoda, and @astaniscia86
| Manish Singh / TechCrunch: |
VerSe Innovation, parent of news aggregator Dailyhunt and short video app Josh, raises $450M+ Series I, five months after raising $200M — VerSe Innovation, the parent firm of popular news aggregator Dailyhunt and short video app Josh, said on Thursday it has raised over $450 million … | Ryan Browne / CNBC: |
US grocery delivery startup Gopuff says it has acquired British competitor Dija, which was founded in Dec. 2020 and has raised $20M seed, to expand into Europe — - U.S. grocery delivery firm Gopuff is acquiring British competitor Dija to expand into Europe.
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Forbes, Business Wire, Silicon Canals, Forbes, Insider, Bloomberg, The Grocer, Sifted, and Tech News
Tweets: @emilyjnicolle and @ryan_browne_
| Zoe Schiffer / The Verge: |
Daversa, an executive recruitment firm for companies like Instacart and Spotify, is facing allegations of male-on-male harassment and assault in a new lawsuit — The company places senior leadership in fast-growing startups to help them become stable, safe work environments
Tweets: @russellbrandom, @kateconger, and @hkanji
| Alex Heath / The Verge: |
Interview with Facebook ad exec Graham Mudd on Facebook's plans to enhance privacy in its ads, regulation, Apple's ad tracking prompt, Google's FLoC, and more — A ‘very meaningful pivot’ is underway inside the world's largest social network — Facebook's massive business was built on its ability to track users across the internet.
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About Facebook, Neowin, Social Media Today, and Wall Street Journal
Tweets: @eric_seufert, @vinnyflood, @reckless, @alexeheath, @astaniscia86, @antoniogm, @eric_seufert, @mattprd, @alextcone, @paulg, @jason_kint, @swodinsky, @eric_seufert, @danielpearson, @carnage4life, @lanceulanoff, @moonalice, @carnage4life, @carnage4life, @carnage4life, @kevinbankston, @alexeheath, @willoremus, @alexvoica, @benedictevans, @eric_seufert, and @chrismessina
| Reuters: |
Sources: China-based autonomous driving startup Pony.ai suspends plans for a US public listing following Chinese government's crackdown on domestic tech firms — Autonomous driving startup Pony.ai has put on hold plans to go public in New York through a merger with a blank-check firm … | Ben Schoon / 9to5Google: |
Samsung announces Galaxy Z Flip3 with an internal 6.7" 120Hz display, a 1.9" external screen, 8GB RAM, and Snapdragon 888, starting at $999, shipping August 27 — One of the first thoughts around foldable smartphones is a high price tag, but that tune is changing.
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Windows Experience Blog, CNET, Engadget, XDA Developers, Micky, HC Newsroom, SlashGear, Tom's Guide, and BGR
Tweets: @tomwarren, @gartenberg, @backlon, @chriswelch, @cgartenberg, @backlon, @backlon, @patrickmoorhead, and @backlon
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