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August 25, 2021, 8:25 PM
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| Insider: |
In an abrupt reversal, OnlyFans suspends its October 1 policy change banning porn after securing “assurances” and aims to provide “a home for all creators” — - OnlyFans is reversing its recent decision to ban porn. — It had planned to prohibit sexually explicit …
Source:
@onlyfans. More:
Variety, Axios, The Verge, TechCrunch, Wired, Ars Technica, TechCrunch, CNBC, Bloomberg, Android Police, Insider, CNN, TNW, New York Post, Reuters, Sky News, NBC News, Politico, BuzzFeed News, Quartz, Wall Street Journal, Gizmodo, Financial Times, The Times, The Independent, The Daily Beast, Protocol, The Wrap, VICE, and New York Times
Tweets: @danprimack, @lessin, @onlyfans, @remymeow, @tomgara, @thegoldengoddes, @maxkennerly, @jimwaterson, @tirhakahlove, @lomadia, @danprimack, @asteris, @alex_abads, @goldman, @marcusjdl, @stokel, @cityofthetown, @nycsouthpaw, @caseynewton, @danprimack, @evan_greer, @caleweissman, @robin__craig, @lenatheplug, @bimbomarxist, @swodinsky, @mikeisaac, @b_fung, @punzerdragoon, @acetrainerliam, @jasonafexfa, and @ashleylatke
| Lauren Feiner / CNBC: |
Following WH meeting, Google says it will spend $10B over 5 years and train 100K IT and data workers, Apple pledges supply chain security improvements, more — - The White House hosted a cybersecurity summit with CEOs in sectors ranging from tech to insurance.
More:
The Keyword, The White House, The Hill, MacRumors, Bloomberg, 9to5Mac, 9to5Google, Protocol, Patently Apple, and NBC Bay Area
Tweets: @sundarpichai, @rlove, @lutherlowe, @kent_walker, @camilleesq, @thomasortk, @secmayorkas, and @kifleswing
| Washington Post: |
Biden meets with CEOs from Apple, Microsoft, Alphabet, Amazon, and others to discuss cybersecurity, says private sector must do more to protect infrastructure — “You have the power, capacity and responsibility, I believe, to raise the bar on cybersecurity,” President Biden tells CEOs of Apple, Google, JP Morgan Chase
More:
AppleInsider, CyberScoop, Washington Post, Wall Street Journal, CyberScoop, The Record, The White House, Gizmodo, CNET, CNN, Reuters, Fortune, Engadget, AppleInsider, Financial Times, and 9to5Mac
Tweets: @typemrt, @profkatejudge, @dnvolz, and @castrotech
| Todd Bishop / GeekWire: |
Microsoft says it will quadruple cybersecurity spending to $20B over five years, spend $150M to help federal, state, and local governments improve security — [Updated below with Microsoft confirmation and related announcements from Amazon, Google, and Code.org.]| Joan E. Solsman / CNET: |
YouTube says it has removed over 1M videos related to COVID misinfo since February 2020, and says it removes 10M videos a quarter, most of which have <10 views — But the 1 million coronavirus-related takedowns since the start of the pandemic are difficult to put in context, because of YouTube's gigantic scale.
More:
YouTube Official Blog, Washington Post, TechCrunch, PCMag, Social Media Today, Voice of America, Neowin, and Tech Xplore
Tweets: @mhbergen, @noupside, @katieharbath, @evelyndouek, @asmadigames, @jaredlholt, @jmgrygiel, @ceciliakang, @katie_roof, @jenn_elias, @arjanelfassed, @lanceulanoff, @youtubeinsider, @billyperrigo, @evelyndouek, @nealmohan, @brianstelter, @katieharbath, @katestarbird, @tarletong, and @viacristiano
| New York Times: |
Sources: Facebook has approached experts about forming an advisory body for how it handles global election matters, such as political ads, misinfo, and more — The social network has contacted academics to create a group to advise it on thorny election-related decisions, said people with knowledge of the matter.
More:
The Verge and Engadget
Tweets: @mr_berman, @emilybell, @emilybell, @mikeisaac, @muskrat__, @rmac18, @qorigins, and @reedgalen
| Jay Peters / The Verge: |
Fitbit announces Charge 5 with a rounded design, a larger and brighter color AMOLED display, GPS, and more, arriving in the fall for $179.95 — It costs $179.95 and will be out this fall — Following a couple of big leaks, Fitbit is officially announcing the Charge 5 …
Source:
The Keyword. More:
Android Police, TechCrunch, XDA Developers, BGR, Neowin, The Keyword, Ars Technica, PCWorld, 9to5Google, Pocketnow, techadvisor.com, CNN, Softpedia News, TechRadar, Engadget, AppleInsider, Phandroid, ZDNet, and Pocket-lint
| Amanda Silberling / TechCrunch: |
Facebook adds features to Messenger on its 10-year anniversary, including word effects, contact sharing, and birthday gifting via Facebook Pay — To celebrate its ten year anniversary, Messenger today announced a handful of new features: poll games, word effects, contact sharing, and birthday gifting via Facebook Pay.
Source:
About Facebook. More:
Messenger News, Engadget, Android Police, 9to5Mac, CNET, The Mac Observer, iPhone Hacks, MacRumors, PYMNTS.com, and searchenginejournal.com
| Reuters: |
DOJ and SEC charged ex-HeadSpin CEO Manish Lachwani with allegedly defrauding investors out of $80M from 2018 to 2020 in an effort to boost HeadSpin's valuation — U.S. authorities on Wednesday charged a co-founder and former chief executive of HeadSpin with defrauding investors …
More:
U.S. Department of Justice, U.S. Securities …, PYMNTS.com, MarketWatch, San Francisco Business Journal, Bloomberg Law, CRN, and Law360
Tweets: @ilyasu, @energycynic, @sf_sec, @secgov, @jcoviedo6, @corytv, @parismartineau, @jhong, @reuterslegal, and @bgurley
| The Markup: |
How Fannie and Freddie requiring mortgage lenders use its credit scoring algorithm leads to a disproportionately high number of Black applicants being rejected — These two people applied for loans in Chicago, Ill., in 2019. — They both earned $350K-$400K — and their debt level was healthy.
More:
Associated Press. Tweets: @lkirchner, @keeangayamahtta, @minakimes, @polotek, @acidflask, @anteuzi, @rachelswarns, @amymtraub, @aurabogado, @mharrisperry, @bitinn, @watchdogdiva, and @polotek
| Brian Heater / TechCrunch: |
Meditation app Headspace unveils plans to merge with Ginger, an on-demand mental health service, in a deal valuing the combined company at $3B — Meditation app Headspace this morning announced plans to merge with on-demand mental health service, Ginger. Barring unforeseen regulatory roadblocks …
More:
Business Wire, Bloomberg, ZDNet, Fast Company, MedCity News, Reuters, dot.LA, FierceHealthcare, and STAT
Tweets: @alicebmore, @daniel_kraft, @nmasc_, @dshaywitz, @headspace, @sammaule, and @morgancheatham
| Ron Miller / TechCrunch: |
Canalys: US PC sales in Q2 2021 up 17% YoY, with 36.8M total units sold, notebooks up 27%, desktops up 23%, tablets down 1%; HP leads with 21.9% of market share — Canalys released its quarterly U.S. PC sales today, and while the news was quite good with sales overall up 17% YoY …
More:
Canalys.com, ZDNet, 9to5Mac, AppleInsider, CNET, TechRepublic, Patently Apple, MacDailyNews, and Windows Central
| Russell Brandom / The Verge: |
GAO: 19 of 24 US government agencies surveyed use facial recognition in some capacity; DoD and DHS both have in-house systems, while 4 had used Clearview AI — A new GAO report finds 19 agencies are using some form of the technology — A new report from the Government Accountability Office …
More:
Washington Post, U.S. Government …, and FedScoop
Tweets: @drewharwell, @iwillleavenow, @ashk4n, @usgao, and @digiphile
| Wall Street Journal: |
Sources: Western Digital is in advanced talks to merge with Kioxia, the chipmaker spun out of Toshiba in 2018, in a deal that could be valued at more than $20B — Stock deal could be finalized as early as the middle of September, according to people familiar with the matter
More:
Tom's Hardware, Fortune, MarketWatch, SiliconANGLE, Yahoo Finance, Barron's Online, TechSpot, CRN, Bloomberg, CNBC, Reuters, and Benzinga
Tweets: @dylan522p, @ericjhonsa, @danacimilluca, and @snipetrades
| Eric J. Savitz / Barron's Online: |
Snowflake beats in Q2 with revenue of $272.2M, up 104% YoY, 4,990 total customers, up 60% YoY, and losses of $189.7M vs. $77.6M in Q2 2020 — Snowflake shares are gaining ground in late trading after the company posted better-than-expected growth for its fiscal second quarter ended July 31.
More:
Business Wire, SiliconANGLE, Bloomberg, ZDNet, MarketWatch, and Snowflake
| Bahk Eun-ji / The Korea Times: |
South Korea will abolish a decade-old law that stops kids under 16 from playing online games between 12AM and 6AM, after heavy criticism — The government has decided to abolish the game curfew for children, 10 years after the controversial rule was established, as the outdated law is not having …
More:
The Korea Herald, Kotaku, PCMag, Engadget, thegamer.com, and Yonhap News Agency. Tweets: @epro
| Tech Transparency Project: |
Investigation finds underage users can easily evade age limits on ~80 apps on Apple's App Store, such as dating, sex, and gambling apps restricted to ages 17+ — Apple just announced new steps to flag child sex abuse images on iPhones. But a TTP investigation shows that Apple's App Store is rife with child safety problems.
More:
Campaign for Accountability, MacRumors, Irish Examiner, AppleInsider, and The Mac Observer
Tweets: @ttp_updates, @alexhern, and @alexhern
| Kurt Wagner / Bloomberg: |
Facebook's David Marcus says Novi digital wallet is “ready now”, but will wait for the Diem currency, and it is “definitely looking at” building NFT features — Social network is ‘definitely looking’ at digital assets as part of push into financial products, executive says
Source:
Bloomberg. More:
Bloomberg, Crypto Briefing, Cointelegraph, Coinspeaker, Bitcoin Magazine, Blockworks, The Block, Benzinga, cryptodaily.co.uk, Cryptonews, CoinDesk, Insider, equalocean.com, and NewsBTC
Tweets: @dbinkowski, @ryan_browne_, @newsynick, @basche42, @kurtwagner8, and @ldrogen
| Matthew Ball / MatthewBall.vc: |
A deep look at why expanding into gaming is so important to Netflix, the competition it faces from games like Fortnite, and what its current strategy looks like — In 2018, I released the third entry in my “Netflix Misunderstandings” series: “Netflix Isn't Being Reckless, It's Just Playing a Game No One Else Dares.”
Tweets: @ballmatthew, @tprstly, @lucas_shaw, @modestproposal1, @hurricap, @joannapopper, and @ballmatthew
| Robert Hof / SiliconANGLE: |
Box reports Q2 revenue of $214.5M, up 12% YoY, vs. $211.7M est., and billings of $213M, up 13% YoY, ahead of investor vote on its strategy and management team — As Box Inc.'s battle to fend off an activist investor's demands for changes to the company, its earnings report today may provide … | Jordan Novet / CNBC: |
Salesforce beats in Q2 with revenue of $6.34B, up 23% YoY, Platform and Other revenue of $1.88B, up 24% YoY, and Sales Cloud revenue of $1.48B, up 15% YoY — - Salesforce shares rose 3% in extended trading Wednesday after it reported fiscal second-quarter earnings.| Mary Ann Azevedo / TechCrunch: |
Mexico City-based neobank Flink raises $57M Series B led by Lightspeed — Flink, a Mexico City-based neobroker, has raised $57 million in a Series B round of funding led by Lightspeed Venture Partners. — The financing comes just over six months after Flink raised $12 million in a Series A round led by Accel.
More:
Lightspeed Venture Partners and Entrepreneur
| Janko Roettgers / Protocol: |
Newly published regulatory docs show Facebook's smart glasses are called Gemini, run on customized Android, and use the same camera sensor as the Oculus Quest 2 — It's been close to a year since Facebook first announced Project Aria, a research effort to test smart glasses with a small group of employees.
More:
The Verge
| Richard Milne / Financial Times: |
Klarna says losses in Q2 soared to $111M, up from $10M in Q2 2020, as credit defaults doubled, driven by an expansion in new markets — Swedish ‘buy now, pay later’ start-up continues rapid expansion in new markets — Klarna's losses increased significantly in the second quarter … | Manish Singh / TechCrunch: |
Xiaomi reports Q2 revenue rose 64% YoY to $13.56B, as net income rose 80% YoY to $1.28B, and says it will buy autonomous driving startup Deepmotion for ~$77.3M — Xiaomi reported a second-quarter net income of $1.28 billion on revenue of $13.56 billion following the Chinese technology giant's strong surge …
More:
South China Morning Post, Bloomberg, Mi Blog, Reuters, PingWest, Patently Apple, TechSpot, and Tech in Asia
| Christine Hall / TechCrunch: |
Cribl, which helps companies monitor and analyze data created by their infrastructure, raises $200M Series C, source says at a $1.5B valuation — At a time when remote work, cybersecurity attacks and increased privacy and compliance requirements threaten a company's data … Sponsor Posts
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