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August 13, 2021, 2:50 AM
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| Reuters: |
Sources: Apple employees have sent 800+ Slack messages on an internal channel debating the company's plans to scan US iPhones, iPads, and computers for CSAM — A backlash over Apple's move to scan U.S. customer phones and computers for child sex abuse images has grown to include employees speaking …
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New York Times, MacRumors, Sound & Complete, Reuters, OSnews, Pocketnow, iPhone Hacks, iMore, Slashdot, 9to5Mac, AppleInsider, and TNW
| Lorenzo Franceschi-Bicchierai / VICE: |
Nvidia says part of its April keynote was led by a virtual replica of CEO Jensen Huang, created by scanning Huang and then training an AI to mimic his gestures — Nvidia pulled off a stunt to promote and showcase its latest technology by digitizing its CEO Jensen Huang in a conference keynote.| Jason Schreier / Bloomberg: |
In an internal memo, Amazon drops guidelines that claimed ownership rights to video games made by staff after work hours, following criticism from developers — - Memo from Game Studios chief suggests rules were too broad — Company previously claimed rights to games made outside work
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Engadget, TechSpot, and Gamasutra
Tweets: @quinnypig, @jasonschreier, @patal00n, and @raymecvinson
| Felix Salmon / Axios: |
Circle announces intention to become a bank, fully regulated by Federal Reserve, OCC, and FDIC, which could make USDC a de facto central bank digital currency — Crypto giant Circle has announced its intention to become a bank, fully regulated by the Federal Reserve, the Office of the Comptroller of the Currency, and the FDIC.
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Circle Blog, SiliconANGLE, and CryptoSlate
Tweets: @jp_koning, @splitcapital, @jerallaire, @felixsalmon, and @chrisamccoy
| 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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GOV.UK, Wall Street Journal, The Verge, Financial Times, The Guardian, PCMag, CNBC, Financial Times, Protocol, Reuters, UK Competition and Markets Authority, UK Competition and Markets Authority, Benzinga, UK Competition and Markets Authority, iTnews, BBC, Barron's Online, Techaeris, CNET, PYMNTS.com, TechSpot, CNN, Tech Xplore, The Hill, Coinspeaker, and Associated Press
Tweets: @s8mb, @seyitaylor, @bongspock, @bongcapital, @bongcapital, @chrismaddern, @shortformernie, @s8mb, @alexeheath, @s8mb, @auerdirk, @mediamorphis, @bongcapital, @s8mb, @s8mb, @seyitaylor, @mediamorphis, @alexeheath, @justbrosef, @cryptocobain, @b_fung, and @b_fung
| Bloomberg: |
Facebook delays its office reopenings in the US until January 2022; Facebook originally hoped for 50% office capacity by September and 100% by October — - Company originally planned to have employees back by October — Facebook will also require vaccinations for U.S. staff members
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The Register, GeekWire, The Verge, Wall Street Journal, MarketWatch, ZDNet, CNBC, Reuters, and CNET
Tweets: @mikeisaac, @kurtwagner8, @carnage4life, @stevekovach, @choire, @seldo, @entirelyamelia, @markgurman, @chris_herd, and @gasca
| Kevin Roose / New York Times: |
A look at community NFT projects like Pudgy Penguins, which have become a new kind of financial and social status symbol on the internet — Is this what the metaverse looks like? — Earlier this week, I got attacked by penguins. — Not real ones, mind you.| Sarah Perez / TechCrunch: |
Disney+ beats Q3 subscriber estimates, reaching 116M subscribers vs. 114.5M expected; ESPN+ subscribers rose 75% YoY to 14.9M, Hulu grew 21% YoY to 42.8M — Disney's streaming service is seeing improved growth, after initially seeing slower numbers of subscriber additions in Q2 as Covid lockdowns and mask mandates came to an end.
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CNBC, Thurrott, New York Times, Variety, PYMNTS.com, Deadline, and The Information
Tweets: @benjisales and @cnbcnow
| 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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| Salvador Rodriguez / CNBC: |
Airbnb reports Q2 revenue of $1.34B, up nearly 300% YoY, with Gross Booking Value of $13.4B, up 320% YoY, and net loss of $68M, down 88% YoY — - Airbnb beat Wall Street's expectations for revenue and bookings in the second quarter, but the company warned about expected volatility from the Covid delta variant.| Maia Szalavitz / Wired: |
Researchers say algorithms like NarxCare, which are used to identify a patient's risk of misusing opioids, may be actually worsening the US opioid crisis — A sweeping drug addiction risk algorithm has become central to how the US handles the opioid crisis. It may only be making the crisis worse.
Tweets: @ddayen, @oliviasolon, @thebiologistisn, @national_pain, @laureneoneal, @digiphile, @sesmith, @jurijuri, @lumpylouish, @knitgrrl, @wanderindreamr, @annaleen, @allytncat, and @maiasz
| 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.
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TikTok, TNW, CNET, Insider, Engadget, Tubefilter, Social Media Today, SlashGear, The Guardian, The Mac Observer, PCMag, Neowin, Forbes, TechSpot, iDownloadBlog.com, 9to5Mac, and BBC
Tweets: @commonsense, @ultraviolet, @mattnavarra, @mshannahmurphy, and @frankcatalano
| KrASIA: |
XtalPi, which uses AI for drug discovery and development, raises $400M Series D led by OrbiMed and RRJ, at a valuation of over $2B — The company provides its AI technology to pharmaceutical companies to enhance R&D for new drugs. — AI pharmaceutical company XtalPi secured USD 400 million … | David Ramli / Bloomberg: |
Innovusion Holdings, which develops lidar systems, raises $66M Series B plus round, bringing its total raised to $180M — - Supplier to auto-makers completes Series B plus round — Financing led by Guotai Junan International, Shunwei Capital — Innovusion Holdings Ltd …
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SiliconANGLE
| Dee-Ann Durbin / Associated Press: |
DoorDash reports Q2 revenue of $1.24B, up 83% YoY, total orders of 345M, up 69% YoY, net loss of $102M, and says fee caps in cities like NY and LA cost it $26M — DoorDash booked a record number of orders in the second quarter even as its revenue growth slowed from pandemic-induced highs.
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Reuters, Bloomberg, Wall Street Journal, TheStreet, and DoorDash
| Shen Lu / Protocol: |
In response to internal calls for reform, Alibaba says it will form a committee of five female execs to handle workplace sexual harassment and related issues — This story contains mention of sexual assault. — After rape allegations of a female employee against her manager …
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South China Morning Post, The Register, CNBC, Pandaily, Wall Street Journal, and DealStreetAsia. Tweets: @shenlulushen
| Joseph Cox / VICE: |
Google says it banned location data company SafeGraph in early June, meaning apps using SafeGuard location SDK had to remove it — SafeGraph sells smartphone location data to essentially anyone. Google banned the company in June. — Joseph Cox — Google has banned SafeGraph …
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CNET, Electronic Frontier Foundation, Engadget, and The Verge
Tweets: @josephfcox, @josephfcox, @josephfcox, @mikereyes, @eff, @vice, @angelsdiaz_, @josephfcox, @wolfiechristl, @jshermcyber, @josephfcox, and @jason_koebler
| David Uberti / Wall Street Journal: |
A look at efforts to shape federal rules for companies disclosing cyberattacks, with a group representing Alphabet and Amazon pushing for a 72-hour window — Companies and trade groups want at least 72 hours to report cyberattacks — Companies are pushing to narrow legislation … Sponsor Posts
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