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May 15, 2020, 10:10 PM
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| Axios: |
Facebook to buy Giphy, keep its branding, integrate with Instagram; sources say the deal is worth ~$400M, while Giphy was valued at ~$600M in its latest round — Facebook has agreed to buy Giphy, the popular platform of sharable animated images, Axios has learned from multiple sources.
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About Facebook, GIPHY, Protocol, The Information, The Verge, The Verge, CNBC, Ars Technica, Crunchbase News, Reuters, Digital Trends, Silicon Valley Business …, Ubergizmo, AdExchanger, The Daily Dot, Washington Post, Daring Fireball, The Mac Observer, TechSpot, Pocket-lint, SlashGear, TechCrunch, Input, 9to5Mac, Gizmodo, Thurrott, Los Angeles Times, Neowin, TechCrunch, Wccftech, Android Headlines, SiliconANGLE, Gizchina, Business Insider, Tom's Guide, The Next Web, Android Authority, XDA Developers, Tubefilter, MacRumors, Adweek, Social Media Today, iMore, NBC News, CNN, iDownloadBlog.com, AppleInsider, Hollywood Reporter, and ZDNet
Tweets: @giphy, @facebook, @mathewi, @telegram, @alexstamos, @dhof, @gregghoush, @alexeheath, @axios, @cycle_soosai, @mattlynley, @alexrkonrad, @brosandprose, @wyldkard, @caseynewton, @db, @jonrussell, @bafeldman, @tonyromm, @dannyjpalmer, @backlon, @leojtravis10, @mikeisaac, @hunterwalk, @pixlpa, @mattsta, @adamjmoussa, @quinnypig, @bdsams, @bigblackjacobin, @briannekimmel, @caseynewton, @daithaigilbert, @sarahfrier, @joshelman, @rustybrick, @edzitron, @stephcd, @paulbernaluk, @wongmjane, @howardlindzon, @jeremysliew, @markgurman, @josephfcox, @tomwarren, @jason_kint, @mattlynley, @counternotions, @moonalice, @gymshortsstuds, @taylorlorenz, @stevekovach, @tuviae, @sivavaid, @alexhern, @arctictony, @seldo, @shaig, @joshconstine, @janelytv, @kevinroose, @alexstamos, @sarahfrier, and @taylorlorenz
| Owen Williams / OneZero : |
Facebook's purchase of Giphy gives FB insight into how and where gifs are shared outside of its own apps, including device IDs and keystrokes in Giphy tools — GIPHY joins Facebook's data collection arsenal — Facebook announced on Friday that it will buy Giphy, a popular GIF search engine …
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TechCrunch, Axios, Wired, Bloomberg, and Reclaim The Net
Tweets: @xor, @moxie, @vivekxk, @williamturton, @can, @om, @jonfortt, @quinnypig, @jamespmcleod, @ozm, @chronotope, @sbisson, and @justicar
| Wall Street Journal: |
Sources: DOJ and state AGs are likely to bring antitrust lawsuits against Google as soon as this summer, focusing on its ad business and search dominance — Both the federal and state investigations are focused on Google's ad business — WASHINGTON—Both the Justice Department and a group …
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New York Times, The Verge, Associated Press, Forbes, Business Insider, CNBC, 9to5Google, Android Authority, Axios, Politico, Engadget, The Hill, Reuters, and CNET
Tweets: @nedryun, @pr1ntf, @sgurman, @creativefuture, @lutherlowe, @thatarthurblake, @stefanmolyneux, @ivanthek, @jasonzweigwsj, @thomasbcn, and @jamesvgrimaldi
| Reuters: |
US bans sales to Huawei of semiconductors and semiconductor designs made abroad using certain US software and technology — WASHINGTON (Reuters) - The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action that could ramp up tensions with China.
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U.S. Department of Commerce, CNBC, South China Morning Post, The Next Web, TechCrunch, Wall Street Journal, Android Authority, Reuters, Gizmodo, XDA Developers, TechSpot, South China Morning Post, Gizchina, NBC Bay Area, Android Headlines, Financial Times, The Verge, Android Central, Android Police, iPhone in Canada Blog, Associated Press, MacDailyNews, Forbes, and Wccftech
| Global Times: |
China signals it is ready to retaliate for US' Huawei ban by launching investigations or imposing restrictions on companies like Qualcomm, Cisco, and Apple — China is ready to take a series of countermeasures against a US plan to block shipments of semiconductors to Chinese telecom firm Huawei … | Alex Konrad / Forbes: |
Sources: Clubhouse raised a Series A round from a16z, which includes $10M in primary capital and at least $2M in secondary shares, at a $100M valuation — Clubhouse is a voice-based social media app with about 5,000 beta test users. Prospective listeners have to sign up for a waitlist via Google form …
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Axios, The Information, Keep Up With KP, and Business Insider
Tweets: @alexrkonrad, @eliotwb, @nmasc_, @mikeisaac, @joshconstine, @jason, @jason, @sriramk, @kwamekvamme, @ingridlunden, @willoremus, @teddyschleifer, @fred_montagnon, @michelletandler, @taylorlorenz, @nbashaw, @garrytan, @davewiner, @taylorlorenz, @alexrkonrad, @gemmamilne, @suhail, @jaykapoornyc, @mdudas, @caseynewton, and @bramk. Thanks:@alexrkonrad
| Brian Heater / TechCrunch: |
NPD: consumer spending on video gaming in the US hit a record $10.86B between January and March, up 9% YoY, with sales from video game content up 11% to $9.58B — New numbers from NPD confirm what we've known for a while: the first quarter of 2020 was a very good one for gaming companies.
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NPD Group, VentureBeat, Bloomberg, CNET, Dot Esports, IGN, and The Verge. Tweets: @asteroid_saku
| Ben Lovejoy / 9to5Mac: |
Netflix begins restoring full quality streaming in Europe; Apple TV+ restored 4K streaming in late April — Netflix is gradually lifting coronavirus-related streaming quality limits in Europe. Netflix, Apple TV+, Amazon Prime Video has all complied with a European Commission request …
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Gizmodo UK, The Verge, Android Central, TechSpot, Android Authority, The Next Web, Neowin, The Streamable, and Slashdot
Tweets: @gizmodouk, @benlovejoy, @androidauth, @taxreformer, @thenextweb, and @somospostpc
| Saheli Roy Choudhury / CNBC: |
Singapore state investor Temasek joins Libra, along with cryptocurrency investor Paradigm and private equity firm Slow Ventures — - Singapore state investor Temasek is one of the latest organizations to join the Facebook-backed digital currency project libra.
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The Block, CoinDesk, Reuters, ZDNet, Libra.org, Bloomberg, Financial Times, Nikkei Asian Review, CryptoGlobe, BitcoinExchangeGuide, and coinspeaker.com
Tweets: @charlesmok, @katie_haun, @ryan_browne_, @reuters, @arjunkharpal, @messaricrypto, @davidmarcus, @joonian, @mdudas, and @r0h1n. Thanks:@ryan_browne_
| Stratechery: |
Forcing Facebook and Google to pay for news could lead to uncritical reporting on tech; better approaches would tackle roots of media woes, including ad markets — Exponent — as promised! — will be back tomorrow, talking about podcasting, Spotify, and working from home. — On to the update:| Bloomberg: |
Sources: AppLovin paid ~$500M for mobile game developer Machine Zone, which was valued at ~$5B during its last funding round in 2016 — - It had raised about $725 million and had $5 billion value once — Machine Zone paid for Super Bowl ad starring Kate Upton| Bloomberg: |
Sources: Discord is in talks to raise new funds at a valuation of between $3B and $4B; the chat app was valued at $2B in December 2018 — Chat-tool provider Discord Inc. is in talks to raise new capital from investors at a time its business is booming because of stay-at-home orders amid the coronavirus pandemic.
Tweets: @katie_roof and @gilliantan
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