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July 22, 2019, 7:10 PM
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| Kyle Wiggers / VentureBeat: |
Microsoft says it will invest $1B in OpenAI, beginning a partnership to jointly develop new AI technologies for the Azure cloud platform — Microsoft today announced that it would invest $1 billion in OpenAI, the San Francisco-based AI research firm cofounded by CTO Greg Brockman …
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Microsoft, OpenAI, New York Times, Business Insider, TechCrunch, CNBC, Engadget, USA Today, TechSpot, Telegraph, MIT Technology Review, WinBuzzer, DEVCLASS, Neowin, PYMNTS.com, CNET, BetaNews, MSPoweruser, Thurrott, Crunchbase News, SiliconANGLE, ZDNet, The Register, GeekWire, The Verge, Mashable, Windows Central, OnMSFT.com, and Silicon Valley Business …
Tweets: @jwangark, @codybrown, @paulg, @seanmmcdonald, @benedictevans, @tomwarren, @epro, @ghadfield, and @jwangark
| Wall Street Journal: |
Sources: Apple is in advanced talks to buy Intel's smartphone modem chip business in a deal valued at $1B+ covering staff and a portfolio of patents — Apple Inc. AAPL 2.29% is in advanced talks to buy Intel Corp. INTC 2.15% 's smartphone-modem chip business, according to people familiar with the matter …
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Engadget, 9to5Mac, CNET, Business Insider, The Verge, TechCrunch, Reuters, CNBC, Cult of Mac, Pocket-lint, iDownloadBlog.com, and SlashGear
Tweets: @lucasmtny, @pauljonesb, @mollywood, and @anshelsag
| Stacy Cowley / New York Times: |
Equifax will pay at least $650M and potentially significantly more to end an array of state, federal, and consumer claims over the 2017 data breach — The credit bureau Equifax will pay at least $650 million and potentially significantly more to end an array of state, federal and consumer claims …
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Federal Trade Commission, Equifax, Federal Trade Commission, Krebs on Security, Washington Post, The Register, NY State Attorney General, BBC, Ars Technica, Washington Post, ZDNet, Digital Trends, Dark Reading, CNBC, Federal Computer Week, Reuters, Nextgov, CNBC, ABC News, Fortune, Marketing Land, Mashable, CyberScoop, Graham Cluley, CNET, The Verge, DataBreaches.net, Mercury News, Gizmodo, Threatpost, KnowTechie, Newser, Engadget, VentureBeat, CBS New York, TechCrunch, The Hill, Associated Press, Bloomberg, Inquirer, Axios, and Peter O'Kelly's Reality Check
Tweets: @ewarren, @ftc, @natashanyt, @senmarkey, @natashanyt, @brianfrosh, @om, @engadget, @ericgeller, @nickheer, @dangoodin001, @ftc, @ab2788, @joshshapiropa, @agkarlracine, @stacycowley, @stephenxwelch, @emptywheel, and @newyorkstateag
| Washington Post: |
Leaked documents show Huawei secretly helped North Korea build its wireless 3G network, raising the question of whether it violated US export controls — Huawei Technologies Co., the Chinese tech giant embroiled in President Trump's trade war with China and blacklisted as a national security threat …
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GitHub, Vox, Engadget, Android Police, TalkAndroid.com, Gizchina, TechCrunch, Gizmodo, TechSpot, CNBC, Android Authority, The Hill, Telegraph, Business Insider, CNET, FierceWireless, Android Central, Digital Trends, iPhone in Canada Blog, and Politico
Facebook: Senator Marco Rubio. Tweets: @marcorubio, @narangvipin, @gerryshih, @kuriko_c, @nktpnd, @paulmozur, @nktpnd, and @isaacstonefish
| Mark Gurman / Bloomberg: |
Profile of Jeff Williams, Tim Cook's heir apparent as CEO, who is broadly regarded as a strong choice for the top job within Apple — Jeff Williams co-created the Apple Watch and runs the company's global operations. Can he also handle design—and everything else?
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MacRumors, Cult of Mac, AppleInsider, iPhone Hacks, iMore, MacDailyNews, iDownloadBlog.com, 9to5Mac, Appleosophy, and iPhone in Canada Blog
Tweets: @benedictevans, @kkiyer90, @markgurman, @markgurman, @thenickguy, @stroughtonsmith, and @markgurman
| Tony Romm / Washington Post: |
Inside FTC's 16-month Facebook probe that ended in a $5B fine; sources: FTC initially considered imposing more direct liability for Zuckerberg and a bigger fine — Facebook's $5 billion fine from the FTC illustrates the challenges facing a 105-year-old Federal agency tasked with watching …
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The Verge, Wall Street Journal, Techdirt, Digital Trends, and Mashable
Tweets: @tonyromm, @reckless, @jeffjohnroberts, @tonyromm, @jason_kint, @profcarroll, and @caseynewton
| Megan Rose Dickey / TechCrunch: |
Uber is testing a $24.99/month subscription pass that includes a fixed discount on rides, free Uber Eats delivery, and free rides on JUMP bikes and scooters — Uber is actively testing a monthly subscription pass that combines rides, Eats, bikes and scooters.
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Engadget, CNET, Digital Trends, PYMNTS.com, and Mashable
Tweets: @ai, @shiraovide, @semil, @yoda, @somospostpc, and @mariainnyc
| Jason D. Rowley / Crunchbase News: |
Commission-free trading app Robinhood raises $323M Series E led by DST Global at a $7.6B post-money valuation, has raised a total of $862M to date — Unless you were some hotshot finance person in the 1980s, you probably only recently started using your mobile phone to place trades.
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Under the Hood, TechCrunch, CNBC, Silicon Valley Business …, Cointelegraph, The Block, Reuters, and CoinDesk
Tweets: @alex and @themissal
| Jeremy Horwitz / VentureBeat: |
Apple debuts watchOS 5.3, fixing Walkie-Talkie vulnerability, and iOS 12.4 with improvements to Apple News+ and a way to wirelessly migrate data to a new iPhone — A little over two months ago, Apple released the first beta versions of iOS 12.4 and watchOS 5.3 — late point releases for its 2018 iPhone …
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MacRumors, Engadget, Macworld, MacDailyNews, MacRumors, and Gotta Be Mobile
| Tom Warren / The Verge: |
Slack updates its desktop app for Windows and macOS, which is still built on Electron, claims it now launches 33% faster and uses 50% less RAM than before — Slack's desktop app has been rebuilt for Windows and macOS — Slack is unveiling a new version of its desktop app for Windows …
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Slack, slack.engineering, TechCrunch, VentureBeat, Gizmodo, Thurrott, iPhone Hacks, TechSpot, SlashGear, Neowin, Cult of Mac, ZDNet, Engadget, OnMSFT.com, TidBITS, Windows Central, and The Mac Observer
Tweets: @slackhq, @relsqui, @johnnyrodgersis, @hayatohuseman, @acemarke, @sandofsky, and @felixrieseberg
| Jay Greene / Washington Post: |
Microsoft settles with the SEC and the DOJ for $26M over potential bribery and corruption related to software sales in Hungary — The deal with the U.S. Justice Department and the SEC resolves claims the software giant violated the Foreign Corrupt Practices Act
More:
Microsoft on the Issues, U.S. Department of Justice, CNET, The Register, TechSpot, GeekWire, MSPoweruser, BetaNews, The Hill, and Windows Central
Tweets: @andrewfeinstein, @panyiszabolcs, and @cowcreekgeek
| Arielle Pardes / Wired: |
Pinterest updates its search, so when users type in an anxiety-related query like “dealing with stress”, a box with mental health resources appears above pins — ON THE INCREASINGLY polarized internet, Pinterest often feels like the good place.| Reuters: |
Frenzied trading debut of STAR Market, China's Nasdaq-style board, added $44B in market cap across 25 companies, 16 of which more than doubled their IPO prices — SHANGHAI (Reuters) - Trading on China's new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday …
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CNBC, Nikkei Asian Review, The Next Web, Xinhua News Agency, TechCrunch, and South China Morning Post
Tweets: @johndetrixhe, @baldingsworld, and @chengevelyn
| Paul Sawers / VentureBeat: |
Etsy to acquire Reverb, a marketplace for new and used musical instruments, in a cash deal worth ~$275M; Reverb raised nearly $50M from Max Levchin and others — Etsy has announced plans to acquire Reverb, a marketplace for new and used musical instruments, in a cash deal worth approximately $275 million.| Amelia Lucas / CNBC: |
Starbucks invests in restaurant tech company Brightloom, which just raised $30M, as Starbucks now lets franchisees license its mobile and loyalty program tech — KEY POINTS — Starbucks is licensing its mobile and loyalty program technology in a deal that will give global franchisees … | Natasha Lomas / TechCrunch: |
UK delays decision on Huawei, publishes a telecom supply chain review proposing a new framework for the industry to tighten security standards amid 5G rollout — Amid ongoing concerns about security risks posed by the involvement of Chinese tech giant Huawei in 5G supply …
More:
GOV.UK, The Register, BBC, ZDNet, New Statesman, The Guardian, The Guardian, and Notes from Silicon Valley. Tweets: @ruskin147
| Leigh Cuen / CoinDesk: |
Amid mounting regulatory pressures in the US, Circle says its Poloniex exchange will service non-US customers, ~70% of its users, out of a new Bermuda office — Due to mounting regulatory pressures in the United States, the crypto company Circle is moving the majority of its exchange operations offshore.| Katie Roof / Wall Street Journal: |
Thumbtack announces it raised $150M in funding led by existing investor Sequoia Capital, valuing the company at $1.7B — Sequoia Capital led a $150 million investment, which values the local services marketplace at $1.7 billion — Thumbtack Inc.'s latest funding round values the business at $1.7 billion … | Tom Simonite / Wired: |
US government tests find even top-performing facial recognition systems misidentify black people at rates 5-10 times higher than they do white people — FRENCH COMPANY IDEMIA'S algorithms scan faces by the million. The company's facial recognition software serves police in the US, Australia, and France.| Natalie Gagliordi / ZDNet: |
Square launches a Photo Studio service for online sellers that lets any online seller send in a product and have it robotically photographed for $9.95 — For $9.95, any online merchant — not just those that use Square's suite of products — can send in a product and have it robotically photographed.| Timothy B. Lee / Ars Technica: |
David Marcus' congressional testimony shows the Libra Association may take a much more hands-on approach towards regulatory compliance than initially envisioned — Under pressure from regulators, Facebook is rethinking Libra's design. — David Marcus, the head of Facebook's new Calibra payments division …
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Washington Post and Wired
Tweets: @jameswester, @woganmay, @amibendavid, @gazecoin, and @gregoryjbarber
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