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May 26, 2021, 9:40 AM
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| Joseph Menn / Reuters: |
WhatsApp has filed a lawsuit in Delhi against the Indian government for its new social media regulations, saying they would break privacy protections — WhatsApp has filed a lawsuit in Delhi against the Indian government seeking to block regulations coming into force on Wednesday that experts …
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New York Times, WhatsApp.com, The Guardian, Protocol, TechCrunch, The Economic Times, TNW, Insider, TechCrunch, CNN, Nikkei Asia, Forbes, The Hacker News, TechCrunch, Press Information Bureau, Android Central, Entrackr, The Verge, BuzzFeed News, Fast Company, Telecoms.com, Bloomberg, MediaNama, Silicon Republic, Financial Times, iPhone Hacks, fossbytes.com, Wall Street Journal, Axios, The Economic Times, MediaNama, Neowin, MUO, Inc42 Media, Firstpost Tech, Variety, Tech in Asia, and Reuters
| Sam Machkovech / Ars Technica: |
Sources say Valve is making a Switch-like portable gaming PC that could launch by year's end — We can confirm some, but not all, of what's in store for the codenamed “SteamPal.” — Video game and hardware studio Valve has been secretly building a Switch-like portable PC …
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International Business Times, Engadget, thegamer.com, Laptop Mag, TNW, TechRadar, Digital Trends, TechSpot, GamingBolt, Rock, Paper, Shotgun, BGR, bit-tech.net, Tom's Guide, Windows Central, XDA Developers, Neowin, Ubergizmo, OnMSFT.com, GameSpot, VG247, MCV/DEVELOP, Pocket Gamer.biz, VG247, IGN India, Pocket-lint, TechPowerUp, SlashGear, PC Games Insider, Gamasutra, Wccftech, PCMag, Input, Gizmodo, MUO, Android Headlines, mobilesyrup.com, Kotaku, Tom's Hardware, Polygon, CNET, GamesIndustry.biz, The Verge, Video Games Chronicle, and Destructoid
| Annie Palmer / CNBC: |
Amazon says it will acquire MGM Studios for $8.45B, its second-largest acquisition since it paid $13.7B for Whole Foods in 2017 — - Amazon is buying MGM Studios, the companies announced, marking Amazon's most ambitious move yet into the entertainment business.
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Amazon.com, Inc., Axios, TechCrunch, Protocol, The Verge, CNN, Variety, PCMag, ZDNet, Insider, 9to5Mac, Bloomberg, Wall Street Journal, Engadget, New York Times, TechRadar, Invezz, BGR, SlashGear, Tech News, MSPoweruser, GameSpot, and The Hollywood Reporter
| Stephen Shankland / CNET: |
USB standards body unveils its USB-C 2.1 revision, which supports power up to 240W, up from 100W currently, aimed at devices like 4K displays and gaming laptops — An upgrade to the USB-C standard will accommodate levels of up to 240 watts, an improvement that could let you plug power-hungry devices …
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USB-IF, Ars Technica, Laptop Mag, PCMag, 9to5Mac, Engadget, XDA Developers, The Verge, TechRadar, Android Central, SlashGear, TNW, and AppleInsider
| Sean O'Kane / The Verge: |
Tesla says deliveries of Model 3 and Y vehicles in North America will no longer be equipped with radar for Autopilot and instead rely on a camera-based system — Autopilot will rely on cameras from here on out in the Model 3 and Model Y — Tesla has stopped building forward-facing radar sensors …
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Tesla, TNW, Finbold, CNBC, Coinspeaker, Electrek, Bloomberg, Ubergizmo, TechCrunch, KnowTechie, Engadget, SlashGear, and Reuters
Tweets: @snazzyq, @parismarx, @christiano92, @paulobrien, @henshaw, @chrisbrogan, @stshank, @dirtytesla, @dirtytesla, @ginog01328427, and @alternatejones
| Sarah Perez / TechCrunch: |
Facebook and Instagram now give users options to hide Like counts across all posts and to hide their own public Like counts from others — Facebook this week will begin to publicly roll out the option to hide Likes on posts across both Facebook and Instagram, following earlier tests beginning in 2019.
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About Facebook, Wall Street Journal, Washington Post, CNET, Engadget, The Verge, Bloomberg, Variety, Good Morning America, and The Information
Tweets: @taylorlorenz, @mosseri, and @mosseri
| Kyle Wiggers / VentureBeat: |
Microsoft debuts Microsoft 365 updates, including tools for developers to integrate deeper into Teams, Graph updates, and Outlook message extensions on the web — Microsoft today announced a number of improvements across Microsoft 365, its line of subscription services offered as a part of Microsoft Office.
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The Verge, Protocol, TechCrunch, CNBC, LinkedIn, Tom's Guide, Microsoft 365 Blog, and iThinkDifferent. Tweets: @chiefmartec
| Frederic Lardinois / TechCrunch: |
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The AI Blog, TechRadar, The Verge, ZDNet, and TNW
Tweets: @msftnews, @firstsquawk, @casualeffects, @yoda, and @msftresearch
| Mary Jo Foley / ZDNet: |
| Melanie Evans / Wall Street Journal: |
Google partners with US hospital chain HCA Healthcare to develop algorithms to improve operating efficiency, monitor patients, and guide doctors' decisions — Tech giant expands health-sector presence in latest deal to develop tools to improve medical care, as privacy concerns arise
Tweets: @wsj and @stefaniei
| Ingrid Lunden / TechCrunch: |
Salt Security, which develops AI-based software to protect API libraries from malicious use, raises $70M led by Advent International — APIs make the world go round in tech, but that also makes them a very key target for bad actors: as doorways into huge data troves and services …
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Crunchbase News, VentureBeat, Geektime, CRN, Globes Online, and SiliconANGLE
| Javier Espinoza / Financial Times: |
Sources: European Commission will open a formal antitrust probe into Facebook to investigate if it's undermining competition in the online classifieds market — European Commission will investigate if Facebook is undermining competition in the online classifieds market| Ben Thompson / Stratechery: |
A breakdown of the different arguments pertaining to the App Store and how they were presented and discussed in the Epic vs Apple trial — Arguments in Epic Games, Inc. v. Apple Inc. wrapped up yesterday; Judge Yvonne Gonzales Rogers noted she had thousands of documents to pore over … | Manish Singh / TechCrunch: |
Bangalore-based Koo, a microblogging service that allows users to post in English and Indian languages, raises $30M at over $100M valuation led by Tiger Global — Investors are backing Koo, an Indian alternative to Twitter, with large size checks at a time when tension is brewing between the American social network and New Delhi.
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The Economic Times, KrASIA, Entrackr, MediaNama, BloombergQuint, and Tech in Asia
Tweets: @chetnakum, @digbijaymishra1, @cnbcyoungturks, and @digbijaymishra1
| South China Morning Post: |
Xiaomi beats with Q1 profit of $1.2B, up 260.6% YoY, on revenue of $12B, up 54.7% YoY, and says it shipped 49.4M smartphones globally for a 14.1% market share — Smartphone giant Xiaomi's first-quarter profit beat market estimates to reach US$1.2 billion Revenue in the March quarter hit US$12 billion … | Tom Warren / The Verge: |
Satya Nadella teases a “next generation of Windows” announcement “very soon”; the revamped Windows will likely have big UI changes, a new store, and more — Windows is getting big UI changes, a new store, and more — Microsoft isn't talking about its big Windows plans …
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Windows Central, Engadget, Laptop Mag, OSnews, TNW, Patently Apple, TechSpot, PC Gamer, PCMag, Windows Central, HotHardware.com News, and Trusted Reviews
Tweets: @tomwarren, @eposvox, and @chrisbhoffman
| Kyle Wiggers / VentureBeat: |
DataDome, which helps secure e-commerce marketplaces against web scraping, account takeover, and payment fraud, raises $35M Series B led by Elephant — Elevate your enterprise data technology and strategy at Transform 2021. — Bot defense startup DataDome today announced that it raised $35 million …
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SiliconANGLE
| Bloomberg: |
Sources: Uber plans to recognize a trade union for its 70K drivers in the UK giving them more power to collectively bargain, while preserving its worker model — - The GMB labor group will represent Uber's 70,000 U.K. drivers — Drivers will retain ability to choose where and when they work| Cade Metz / New York Times: |
After predicting autonomous vehicles would be commonplace by 2021, the industry is resetting expectations and committing to years of further R&D — Many in Silicon Valley promised that self-driving cars would be a common sight by 2021. Now the industry is resetting expectations and settling in for years of more work.| Bloomberg: |
Chinese gaming company NetEase's music streaming arm files for an IPO in Hong Kong, that source says could raise ~$1B; filing shows it had 180M+ MAUs in 2020 — - CICC, Credit Suisse and BofA are working on the offering — Co. has secured licensing deals with Universal Music, Sony
More:
Nikkei Asia and Tech in Asia
| Bloomberg: |
NYSE sets ZipRecruiter's reference price at $18 per share for its direct listing on Wednesday, which would give it a fully diluted valuation of about $2.4B — - Job search, recruiting company set for trading debut Wednesday — Year's 4th direct listing after Squarespace, Coinbase, Roblox
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Fast Company, Barron's Online, and Investor's Business Daily
Tweets: @kantrowitz, @business, and @epro
| Elizabeth Dwoskin / Washington Post: |
Facebook says Russia is still the largest producer of disinformation, in a report that details 150 operations that the company has disrupted since 2017 — Report explores how issue has evolved in recent years — A Facebook report released Wednesday says that Russia is still the largest producer …
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About Facebook, Engadget, and Bloomberg
| Kyle Wiggers / VentureBeat: |
Boston-based cloud security analytics service Uptycs raises $50M Series C led by Norwest Venture Partners — Elevate your enterprise data technology and strategy at Transform 2021. — Cloud security analytics platform Uptycs today announced that it raised $50 million in a series C funding round led …
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TechCrunch
| Ingrid Lunden / TechCrunch: |
UK's Paysend, which offers international money transfers, global accounts, and business banking for SMBs, raises $125M Series B led by One Peak — With more people than ever before going online to pay for things and pay each other, startups that are building the infrastructure that enables …
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FinSMEs, altfi.com, Crowdfund Insider, and Finextra
| Tanzeel Akhtar / CoinDesk: |
OneOf, a music-focused NFT marketplace built on Tezos and backed by Quincy Jones, raises $63M in seed, claims it uses less energy to mint NFTs than others — The firm says that, by building on Tezos, it can provide a more environmentally sustainable marketplace.| Sara Castellanos / Wall Street Journal: |
Toronto-based Xanadu, which wants to build commercial-grade quantum computers that use photons as qubits, raises $100M Series B led by Bessemer Venture Partners — Silicon Valley's Bessemer Venture Partners led the funding round for the Toronto-based startup| Frederic Lardinois / TechCrunch: |
Lightrun, which helps developers debug their live production code from within their IDEs, raises $23M Series A led by Insight Partners — Lightrun, a startup that helps developers debug their live production code, today announced that it has raised a $23 million Series A round led by Insight Partners.
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