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May 26, 2021, 10:25 AM
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WeSmirchTop News
| 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., TechCrunch, Axios, Bloomberg, Protocol, GeekWire, The Verge, ZDNet, Variety, CNN, AppleInsider, PCMag, Insider, 9to5Mac, Wall Street Journal, Engadget, New York Times, IGN India, NBC News, TechRadar, KnowTechie, Polygon, The Streamable, New York Post, thegamer.com, Invezz, BGR, SlashGear, Tech News, and The Hollywood Reporter
Tweets: @bradstone, @quinnypig, @ourand_sbj, @shiraovide, @richardlai, @sonnybunch, @digitalshields, @lanceulanoff, @dorseyshaw, @brianstelter, @kcoxdc, @markdistef, @loudmouthjulia, @geronimo_73, @jeremyhobson, @erikdavis, @pkafka, @andybeard, @jonerlichman, @rustybrick, @thedomino, and @carnage4life
| 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 Economic Times, The Guardian, International Business Times, Protocol, TNW, TechCrunch, TechCrunch, Insider, CNN, Nikkei Asia, The Hacker News, Press Information Bureau, Android Central, Forbes, TechCrunch, BuzzFeed News, MediaNama, Entrackr, The Verge, Fast Company, Bloomberg, Telecoms.com, MediaNama, Financial Times, iPhone Hacks, fossbytes.com, Wall Street Journal, Axios, The Economic Times, MediaNama, Neowin, MUO, Inc42 Media, Firstpost Tech, Silicon Republic, Variety, and Tech in Asia
| 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, thegamer.com, Engadget, Laptop Mag, KnowTechie, TNW, Digital Trends, TechSpot, TechRadar, GamingBolt, Rock, Paper, Shotgun, Tom's Guide, bit-tech.net, Windows Central, Neowin, OnMSFT.com, XDA Developers, VG247, MCV/DEVELOP, Pocket Gamer.biz, BGR, Pocket-lint, GameSpot, VG247, IGN India, TechPowerUp, Ubergizmo, SlashGear, PC Games Insider, Gamasutra, Wccftech, PCMag, Input, Gizmodo, MUO, Android Headlines, mobilesyrup.com, Kotaku, Tom's Hardware, Polygon, CNET, GamesIndustry.biz, and The Verge
| 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.| 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, The Verge, Laptop Mag, Ars Technica, 9to5Mac, PCMag, Engadget, XDA Developers, Digital Photography Review, MUO, Android Central, TechRadar, SlashGear, TNW, and AppleInsider
| 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
| 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, Ubergizmo, TechCrunch, KnowTechie, and Engadget
Tweets: @snazzyq, @parismarx, @christiano92, @paulobrien, @henshaw, @chrisbrogan, @dirtytesla, @dirtytesla, @ginog01328427, @alternatejones, and @stshank
| 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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VentureBeat, Crunchbase News, 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| 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
Tweets: @olgs7, @olgs7, @olgs7, @olgs7, @alexstamos, @lageneralista, @cbs_herridge, @alexstamos, @alexstamos, @ngleicher, @ngleicher, @ngleicher, @ngleicher, @ngleicher, @andymstone, @benimmo, @benimmo, @benimmo, and @benimmo
| 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 … | 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
| 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: |
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| Fadeke Adegbuyi / Cybernaut - Every: |
Gen Z students are studying together online across YouTube, TikTok, Discord, and Twitter, seeking inspiration, finding focus, and sharing academic anxieties — In late 2020, a 10-hour loop of a song from Mario Kart titled “Coconut Mall” started blowing up on Youtube.| 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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VentureBeat and CTech
| 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
| Lauren Hepler / San Francisco Chronicle: |
San Jose approves Google's plans for a downtown campus with 4K new homes, 7M+ square feet of office space, 15 acres of parks, and 500K of retail and other space — After more than three years of negotiations, San Jose officials voted late Tuesday to approve Google's plan for a sprawling downtown campus … | 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
More:
Barron's Online, Fast Company, and Investor's Business Daily
Tweets: @kantrowitz, @business, and @epro
| 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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Engadget, MUO, Laptop Mag, OSnews, TNW, Patently Apple, TechSpot, PC Gamer, PCMag, and Windows Central
Tweets: @tomwarren, @eposvox, and @chrisbhoffman
| Lauren Feiner / CNBC: |
DC attorney general sues Amazon on antitrust grounds, claiming the company's practices have unfairly raised prices for consumers and suppressed innovation — Washington, D.C. Attorney General Karl Racine announced Tuesday he's suing Amazon on antitrust grounds, claiming the company's practices …
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oag.dc.gov, The Verge, NPR, Wired, Neowin, SiliconANGLE, Wall Street Journal, DCist, Newser, Raw Story, Yahoo Finance, Report Door, The Daily Beast, CBS News, Politico, New York Times, Vox, Ars Technica, CNN, mobilesyrup.com, Tom's Guide, Washington Post, Silicon Valley Business …, and Fast Company
| 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 — Manage your Stratechery subscription. — Arguments in Epic Games, Inc. v. Apple Inc. wrapped up yesterday; Judge Yvonne Gonzales Rogers noted …
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Financial Times, Philip Elmer‑DeWitt, Financial Times, Philip Elmer‑DeWitt, Fortune, and Michael Tsai
Tweets: @timoreilly, @ballmatthew, @backlon, @fosspatents, and @stratechery
| Ingrid Lunden / TechCrunch: |
Rewatch, which builds tools to index, transcribe, and store enterprise video content, raises $20M Series A led by Andreessen Horowitz — We don't hear as much these days about “Zoom fatigue” as we did in the first months after the Covid-19 pandemic kicked off last year …
More:
Andreessen Horowitz
| 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 startupSponsor Posts
Meta:
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS — Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered. In a span of just two years, AI has made a name for itself as the key driver for innovation.
The crossroads of AI and SaaS — Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered. In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.Who's Hiring In Tech?
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