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August 31, 2021, 11:23 AM
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| Jiyoung Sohn / Wall Street Journal: |
South Korea's National Assembly passes a bill that forces Apple and Google to allow alternative payment systems in their app stores — Seoul requires the companies to allow competing payment systems, threatening their 30% cut of most in-app digital sales — SEOUL—Google and Apple Inc …
More:
The Verge, Agence France-Presse, CNBC, TechCrunch, Protocol, The Hill, Reuters, AppleInsider, Associated Press, GamesIndustry.biz, TNW, MacRumors, 9to5Mac, Forbes, Barron's Online, Engadget, iThinkDifferent, CNN, MacRumors, PC Gamer, iMore, KnowTechie, WRAL TechWire, IT PRO, NFCW, iDownloadBlog.com, Axios, iPhone in Canada Blog, Android Central, iClarified, MSPoweruser, Financial Times, iPhone Hacks, Tech Xplore, Ubergizmo, and Android Central
Tweets: @timsweeneyepic, @vijayshekhar, @reneritchie, @carnage4life, @vikasmalpani, @mayazi, @tsuvik, and @timothys
| Mark Gurman / Bloomberg: |
Source: Apple's planned satellite capabilities for the iPhone are focused on emergencies, enabling texts and crisis reports in areas without cellular coverage — - Apple plans an emergency-reporting tool for future iPhones — Apple Inc.'s push to bring satellite capabilities to the iPhone …
More:
The Verge, MobileSyrup, XDA Developers, CNBC, 9to5Mac, MacRumors, TechCrunch, iPhone Hacks, The Loop, MacDailyNews, KnowTechie, Coinspeaker, MacRumors, Silicon Republic, Tom's Guide, Mashable, Telecoms.com, Pocketnow, BGR, iThinkDifferent, Digital Trends, The Register, Ubergizmo, Benzinga, Computerworld, phonearena.com, SlashGear, iDownloadBlog.com, iPhone in Canada Blog, iMore, Cult of Mac, and AppleInsider
Tweets: @saschasegan, @erratarob, @markgurman, @rjonesy, @erratarob, @erratarob, @tmfassociates, @erratarob, @jcenters, @erratarob, @erratarob, @markgurman, @jcenters, @erratarob, @erratarob, @erratarob, @erratarob, @ronamadeo, @davegershgorn, @benbajarin, @trengriffin, @jcenters, @jcenters, @erratarob, @jcenters, @erratarob, @erratarob, @saschasegan, and @saschasegan
| Tom Warren / The Verge: |
Microsoft says Windows 11 will not support Android apps at launch on October 5; support for Android apps will likely arrive in 2022 — Microsoft will start testing Android apps on Windows 11 in the coming months — Microsoft won't ship support for Android apps on Windows 11 in time for the operating system's launch on October 5th.
More:
The Verge, BleepingComputer, Windows Central, Windows Experience Blog, PCWorld, MobileSyrup, PCMag, Tom's Hardware, GeekWire, AppleInsider, 9to5Google, XDA Developers, Engadget, Thurrott, Ars Technica, TNW, TechCrunch, Gizmodo, ZDNet, CNET, Android Central, Wccftech, Digital Trends, MSPoweruser, Phandroid, CNBC, OnMSFT.com, Petri, and phonearena.com
Tweets: @windows, @panos_panay, and @tomwarren
| Dave Nyczepir / FedScoop: |
White House announces the US Digital Corps, a two-year fellowship aiming to recruit early-career software engineers and other technologists to federal agencies — The White House launched a two-year fellowship Monday designed to place early-career software engineers, data scientists and other technologists at federal agencies.
Source:
United States Digital Corps. More:
GSA, Fast Company, MeriTalk, and The Hill
Tweets: @usdigitalcorps, @arianaosoto, @emilytav, @harrisonjmacrae, @pifgov, @dpatil, @abhinemani, @emilytav, @ombpress, @konklone, @usgsa, @codingitforward, @martijnrasser, and @digiphile
| Micah Singleton / Billboard: |
Apple acquires classical music streaming service Primephonic, giving users six free months of Apple Music, and will launch its own classical music app in 2022 — Apple has acquired Primephonic, the classical music streaming service, for an undisclosed amount, the company tells Billboard.
Source:
Apple. More:
XDA Developers, The Verge, RAIN News, MUO, Silicon Canals, Coinspeaker, Silicon Republic, and CNBC
Tweets: @markgurman, @rbeilfuss, @billboard, @mattcohler, @benedictevans, @lauritzen_brian, @mihirssharma, @lauritzen_brian, @lauritzen_brian, @fafnerthekite, @garrettmcqueen, @adrs, @edwardlucas, @ihnatko, @cheriehu42, @jherskowitz, @stshank, @brianroemmele, @stshank, @martinsfp, @viticci, @benedictevans, and @micahsingleton. Thanks:@ericleamen
| Riley de León / CNBC: |
Data analytics company Databricks raises $1.6B Series H led by Morgan Stanley's Counterpoint Global fund at a $38B valuation, up $10B from February — - Databricks has raised a $1.6 billion Series H funding round that boosts its valuation to $38 billion. — Its latest funding round …
More:
VentureBeat, TechCrunch, ZDNet, and Forbes
| Sara Fischer / Axios: |
Source: Facebook plans to downrank current events content and political posts in the News Feed, after users approved of tests that limited such content — Facebook plans to announce that it will de-emphasize political posts and current events content in the News Feed based on negative user feedback, Axios has learned.
More:
TechCrunch, 9to5Mac, and Insider
Tweets: @elanazak, @calebjhull, @sarafischer, @joshsternberg, and @tonyromm
| Kartikay Mehrotra / Bloomberg: |
A flaw in Go Ethereum, used to verify transactions, has been fixed after it caused about half of the Ethereum ecosystem to split into a separate chain — - Ethereum blockchain was divided by mistake in client software — Network patch swiftly stabilized the blockchain system
More:
The Block, Tom's Hardware, Decrypt, BleepingComputer, and Bloomberg
Tweets: @bramcohen and @icodrops
| Sara Fischer / Axios: |
Sources: Amazon is developing a live audio feature, led by its Music division, with a focus on live music and potentially radio and podcasts — Amazon is investing heavily in a new live audio feature that's similar to other live audio offerings like Clubhouse, Twitter Spaces and Spotify's new live audio platform, sources tell Axios.| Bloomberg: |
Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October — - Citigroup, Kotak Mahindra, Morgan Stanley are on the listing — Startup to seek valuation of more than $8 billion in the IPO
More:
The Economic Times, Reuters, CNBC, KrASIA, and The Economic Times
| Reuters: |
Russia's Yandex says it will buy Uber's stakes in their joint foodtech, delivery, and self-driving businesses in a $1B deal — Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber's (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses …
More:
Bloomberg, Silicon Republic, CNBC, Benzinga, Reuters, Financial Times, and The Moscow Times
| MIT Technology Review: |
Sources and experts say US-funded Afghan government databases containing sensitive personal data could be used by the Taliban to identify millions of Afghans — By capturing 40 pieces of data per person—from iris scans and family links to their favorite fruit—a system meant to cut fraud …
More:
NBC News. Tweets: @hypervisible, @barristerblog, @privacymatters, @techreview, @eileenguo, @techreview, and @techreview
| Danny Nelson / CoinDesk: |
The Central Bank of Nigeria says it will work with blockchain and payments startup Bitt Inc. to launch Nigeria's eNaira digital currency later this year — The Central Bank of Nigeria (CBN) said Monday it will work with Bitt Inc., a blockchain and payments startup, to launch …
More:
Nairametrics, Forkast, Cointelegraph, Punch Newspapers, The Sun Nigeria, TheCable, and Vanguard News
Tweets: @samconnerone and @bittglobal
| Daniel Howley / Yahoo Finance: |
Zoom beats with Q2 revenue of $1.02B, up 54% YoY, vs. $991.0M est., and now has 2,278 customers paying $100K+, up 131% YoY; stock down 10%+ on weak Q3 guidance — reported its fiscal Q2 2022 earnings after the bell on Monday, beating analysts' expectations on the top and bottom line.
Source:
Zoom. More:
Forbes, Barron's Online, CNBC, TheStreet, Coinspeaker, TechRadar, Bloomberg, TheStreet, SiliconANGLE, Wall Street Journal, Investor's Business Daily, and Wall Street Journal
| Ingrid Lunden / TechCrunch: |
Eight Sleep, which makes smart mattresses that cost $3K+ and use ML to regulate temperature for better sleep, raises $86M Series C led by Valor Equity Partners — The venture world is — quite literally — waking up to the potential of applying artificial intelligence to a wider variety of real-world … | Carol Zhai / Bloomberg: |
A look at indie developers building tools for Shopify's 1.7M merchants, as developers made $230M+ from app sales in 2020 — - Finkelstein has called hiring challenge a growth ‘limiter’ — Pair of Bangalore developers say marketing help yielded profit
Tweets: @wicary
| Joanna Stern / Wall Street Journal: |
Getting a water-damaged MacBook Pro fixed shows how independent repair shops can make repairs more affordable to consumers if Apple allows them access to parts — New legislation aims to provide more options for fixing our broken gadgets. A journey to fix two MacBooks illustrates …
More:
Financial Times, YouTube, and Ubergizmo
Tweets: @joannastern, @dlberes, @nicnguyen, @nproctor, @wsj, and @monikaschnitzer
| Zheping Huang / Bloomberg: |
State media says China is restricting online gaming for minors to three hours most weeks of the year, from 8pm to 9pm on Fridays, weekends, and public holidays — - The country is imposing its strictest limits yet on play time — Beijing is waging a campaign to groom productive youths
More:
Wall Street Journal, South China Morning Post, Reuters, TNW, The Register, news.cn, CNBC, NPR, New York Times, Micky, Coinspeaker, BBC, TechRadar, Destructoid, iPhone in Canada Blog, Bloomberg, gamedeveloper.com, SiliconANGLE, PC Games Insider, MacRumors, MobileSyrup, and Fortune
Tweets: @tocelot, @wolfejosh, @ashk4n, @jchengwsj, @spencerdailey, @tpcarney, @ragegoldeneagle, @reutersbiz, @marshallk, @paulmozur, @adamsinger, @nxthompson, @zhugeex, @zhugeex, @pelstrom, @tiffanycli, @benjysarlin, @cryptocobain, @arlieth, @burke_jason, @yohosiefgc, @mbrookerhk, @eliothiggins, @pekingmike, @karlbode, @rmc031, @mc_of_a, @mattzeitlin, @_larryj_, @nkulw, @jamesgrickards, @timkennedymma, @marklittlenews, @jeffjarvis, @stevesi, @aadhansen, and @bantg
| Sebastian Sinclair / CoinDesk: |
Singapore-based digital asset exchange Zipmex raises $41M Series B with participation from Krungsri Finnovate, the VC arm of one of Thailand's largest banks — Singapore-headquartered digital asset exchange Zipmex has completed its $41 million Series B funding round with participation coming from one of Thailand's largest banks.
More:
Reuters, Cointelegraph, Forkast, Tech in Asia, KrASIA, and Fintech Singapore. Tweets: @coindesk
| Larry Dignan / ZDNet: |
Cloudera reports Q2 revenue of $236.06M, up 10% YoY, subscription revenue of $213.3M, up 11% YoY, and ARR of $832M, up 13% YoY, announces departure of its CPO — Cloudera also said Arun Murthy, chief product officer, will leave the company effective immediately.
More:
PR Newswire, Wall Street Journal, and MarketWatch
| Coco Liu / Bloomberg: |
PitchBook: VC firms invested $5.4B into hardware startups across Greater China during H1 2021, already surpassing the $5.1B raised in total last year — - Hardware startup investments hit $5.4 billion in 1H: PitchBook — Regulators launched a crackdown in internet firms since 2020
Tweets: @tom_fowdy
| Ryan Vlastelica / Bloomberg: |
As ad revenue surges, Alphabet shares are up 65% over 2021, and up more than 7% in August to reach a record high of $2,891.81, the longest rally since 2009 — - Shares are poised for their eighth straight month of gains — Yearly rise nearly twice as much as Facebook, Microsoft| Lucas Matney / TechCrunch: |
Offchain Labs, which is aiming to make Ethereum transactions faster and cheaper using its Arbitrum tools, raises $120M Series B at a $1.2B valuation — As the broader crypto world enjoys a late summer surge in enthusiasm, more and more blockchain developers who have taken the plunge are bumping …
More:
The Block and PR Newswire
| Suvashree Ghosh / Bloomberg: |
Facebook, Google, and Xiaomi are eyeing India's digital loan market, which Boston Consulting Group estimates to triple to $350B by 2023 and reach $1T by 2025 — India's digital loan market is becoming a battleground for companies from Facebook Inc. to Xiaomi Corp., seeking a foothold in what's set to be a $1 trillion industry.| IDC: |
Global smartphone shipments are expected to grow by 7.4% in 2021, reaching 1.37B units, with iPhone shipments growing 13.8% and Android shipments growing 6.2% — While the supply chain situation hasn't drastically improved, the smartphone market has shown positive results in recent quarters.
More:
Thurrott, Telecoms.com, Wccftech, TechSpot, iThinkDifferent, Gizchina, phonearena.com, and Softpedia News
| Dave Lee / Financial Times: |
New York and San Francisco are moving to make commission caps for delivery platforms permanent; NYC voted to approve a 23% cap, below the 30% usually charged — Grubhub vows to fight legislation as shares in European parent Just Eat Takeaway fall — Shares in Just Eat Takeaway …
Tweets: @toddntucker
| Ingrid Lunden / TechCrunch: |
Manchester-based Peak AI, which helps non-tech companies build AI apps, raises $75M Series C led by SoftBank Vision Fund 2, bringing total funding to $118M — As artificial intelligence continues to weave its way into more enterprise applications, a startup that has built a platform to help businesses …
More:
SiliconANGLE and VentureBeat
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