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June 22, 2021, 8:55 PM
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| Javier Espinoza / Financial Times: |
European Commission says it has opened an antitrust investigation into whether Google favors its own display ad tech over rivals — Brussels to examine whether US group broke rules by giving an advantage to its own services — The EU has announced a formal investigation …
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European Commission, Wall Street Journal, New York Times, The Verge, Axios, CNBC, Fortune, euronews, MSPoweruser, TechCrunch, Neowin, Associated Press, Bloomberg, phonearena.com, CNET, AdExchanger, fossbytes.com, inews.co.uk, The Hill, Tech Xplore, SiliconANGLE, New York Post, BBC, Reuters, The Economic Times, International Business Times, CNN, and Engadget
| New York Times: |
Sources: Tim Cook warned Pelosi that proposed antitrust bills were rushed, could hurt innovation; Google, Facebook, Amazon say bills would hurt SMBs, consumers — Executives, lobbyists, and more than a dozen groups paid by Big Tech have tried to head off bipartisan support for six bills meant …
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Protocol, AppleInsider, 9to5Mac, The Hill, New Yorker, and Truth on the Market
| Bloomberg: |
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CNBC, Seattle Business Journal, GeekWire, and The Seattle Times
Tweets: @lauren_feiner, @ronmknox, @jackyalcine, @repjayapal, @dinabass, @jason_kint, @nycounihan, @rebeccamkern, @stevekovach, and @rebeccamkern
| Adi Robertson / The Verge: |
Twitter opens applications to test Ticketed Spaces and Super Follows for a small number of users, who will keep 97% of revenue after the IAP cut if making <$50K — Users initially keep 97 percent of their revenue — Twitter is opening applications for a limited test of its Super Follows and Ticketed Spaces features.
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media.twitter.com, Gizmodo, PYMNTS.com, Mashable, phonearena.com, TechCrunch, Social Media Today, MUO, iPhone Hacks, Android Central, Engadget, USA Today, Tech Xplore, Variety, 9to5Mac, Droid Life, and CNET
| Natasha Lomas / TechCrunch: |
Privacy browser Brave launches a non-tracking search engine in beta, at search.brave.com, to offer an “all in one” alternative to Google Search and Chrome — Pro-privacy browser Brave, which has been testing its own brand search engine for several months — operating a waitlist where brave … | Brent Kendall / Wall Street Journal: |
Sources: the FTC will review Amazon's proposed acquisition of MGM, just as the commission gets a new chairwoman who has been critical of Amazon's expansion — Commission secures antitrust review after talks with Justice Department, and as Amazon critic Lina Khan takes the FTC's helm
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The Verge, PYMNTS.com, Variety, Bloomberg, TechCrunch, Deadline, Insider, and Cord Cutters News
Tweets: @zachdcarter, @mattbelloni, @parismarx, @anthony, @davidshepardson, @tcarmody, @makejdm, @djtgallagher, @hshaban, @freedzach, @senwarren, @danamattioli, and @wsj
| Karissa Bell / Engadget: |
Facebook says it is working on visual search for Instagram shopping to help users find info on products in images, and Shops is coming to WhatsApp, Marketplace — Facebook is working on visual search technology for Instagram as it doubles down on shopping features throughout its platform.
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About Facebook, PYMNTS.com, TNW, Livemint, ZDNet, Bloomberg, TechCrunch, CNET, Social Media Today, and News Chant USA
Tweets: @voguebusiness, @karissabe, @maghanmcd, @pythiar, @thekenyeung, @maghanmcd, @joshconstine, @swodinsky, @shiraovide, and @maghanmcd
| Noah Smith / Noahpinion: |
Q&A with Marc Andreessen on his “It's Time to Build” essay, techno-optimism, Clubhouse and Substack's potential, “Augmented Intelligence”, crypto, and more — Marc Andreessen should need no introduction, but I'll do one anyway. He helped code the first widely …
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Stratechery and Insider
| Nilay Patel / The Verge: |
Q&A with Patreon CEO Jack Conte on its relationship with Apple and exception from App Store's 30% cut, supporting creators across platforms, and more — Today's guest on Decoder is Jack Conte, the co-founder and CEO of Patreon, a platform that allows people to pay their favorite creators directly …
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The Verge, iMore, California News Times, AppleInsider, and 9to5Mac
Tweets: @reckless, @reckless, @gavinpurcell, @verge, @reckless, @benedictevans, @ciranews, @llsethj, and @imtheq
| Tiernan Ray / ZDNet: |
Intel forms an Accelerated Computing Systems and Graphics unit, and a Software and Advanced Technology unit, as part of the company's ongoing reorg — Intel's head of GPUs, Raja Koduri, will run the accelerated computing business, Sandra Rivera will run Xeon chips operations …
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Intel, SiliconANGLE, FierceTelecom, Reuters, CRN, and Tom's Hardware
Tweets: @hpc_guru, @nanduri_anil, @danielnewmanuv, @pgelsinger, @dylan522p, @iancutress, @appenz, @markhachman, @donal888, @patrickmoorhead, and @stshank
| Richard Nieva / CNET: |
Google, shifting to a hybrid workplace, debuts a Work Location Tool for staff to apply for an office move or to become fully remote and see how salaries change — Google on Tuesday rolled out a tool for its employees to request office changes or apply to become fully remote workers … | Jon Porter / The Verge: |
London's mayor says the Underground will have mobile coverage by the end of 2024 across its entire system, including some popular stations by the end of 2022 — Popular stations like Oxford Circus, Euston, and Bank will connected by end of 2022 — By the end of 2024 …
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Transport for London, MacRumors, The Register, Redmond Pie, Pocketnow, iPhone in Canada Blog, and CNET
| Bloomberg: |
Microsoft has become the second public US company to reach a $2T market value, after Apple did in August 2020 and two years after hitting its first $1T in value — - Shares of the software giant have gained 19% so far this year — Only Apple and Saudi Aramco had hit $2 trillion in value
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Petri, GeekWire, AppleInsider, CNN, Barron's Online, CRN, MSPoweruser, and IT Management
Tweets: @livemint, @blockchainblitz, and @bdsams
| Jeremy Laird / PC Gamer: |
A look at AMD's new FidelityFX Super Resolution, which aims to upscale games to higher resolution and competes with Nvidia's DLSS technology — ...just maybe not in the way you might have thought. — AMD's long awaited answer to Nvidia's game-prettifying DLSS technology is here.
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AMD.com, The Verge, Tom's Hardware, mobilesyrup.com, TechSpot, GPUOpen, TweakTown, AnandTech, Windows Central, Rock, Paper, Shotgun, BabelTechReviews, SemiAccurate, Polygon, XDA Developers, and TechRadar
Tweets: @radeon, @robeytech, @tvsben, and @pcgamer
| Maria Deutscher / SiliconANGLE: |
Splunk raises $1B from Silver Lake in exchange for convertible notes, and says it will use the investment to fund buybacks; Splunk stock up 11% — Splunk Inc. today said that it has secured a $1 billion investment from Silver Lake to support growth initiatives and buy back shares.
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The Information, VentureBeat, Business Wire, Bloomberg, MarketWatch, Wall Street Journal, and ZDNet
| Carly Page / TechCrunch: |
Boston-based Transmit Security, which is building a biometric-based authenticator, raises $543M Series A at a $2.2B pre-money valuation — Transmit Security, a Boston-based startup that's on a mission to rid the world of passwords, has raised a massive $543 million in Series A funding.
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Business Wire, Forbes, SiliconANGLE, nocamels.com, SecurityWeek, Bloomberg, and FinSMEs
Tweets: @danprimack, @chandrarsrikant, @emlindley, and @refsrc
| Bloomberg: |
Full Truck Alliance closes at $21.50 per share on its first day of trading, up 13% from its initial price of $19, giving it a market value of ~$23.6B — - SoftBank, Tencent-backed firm adds to U.S. listing resurgence — Full Truck Alliance reaches market value of $23.6 billion
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PingWest, DealStreetAsia, Nikkei Asia, Reuters, TheStreet, Barron's Online, and Transport Topics. Tweets: @business
| Reuters: |
Google confirms it is replacing its Engineering Residency, aimed at underrepresented participants, after employees said it enforced “systemic pay inequities” — Alphabet Inc's (GOOGL.O) Google plans to shut down a long-running program aimed at entry-level engineers …
Tweets: @joshuaogundu and @kenli729
| Ian Hamilton / UploadVR: |
After agreeing to be Facebook's first VR ad test partner, Resolution Games says it won't move forward with the test in its paid VR game Blaston — Resolution Games won't be moving forward with a Facebook advertising test in its paid VR game Blaston. — The studio may still consider testing ads in its free fishing game Bait!
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The Verge, Engadget, GamesIndustry.biz, Kotaku, thegamer.com, VRFocus, TechSpot, Input, KnowTechie, and BBC
Tweets: @blastongame, @blastongame, @iansherr, @tayhatmaker, and @ericpresidentvr
| Joel Khalili / TechRadar: |
How Reddit uses its community-first approach to moderate content, relying heavily on its users instead of outsourced moderation farms — Reddit CTO: We don't want to be a ‘capricious arbiter’ of what is correct or not — One of the most difficult problems for Reddit … | Bloomberg: |
YouTube Shorts, which launched new stars but is rife with clickbait and TikTok re-uploads, will use new metrics to pay creators via a $100M fund this summer — As a kid in Manchester, England, Dan Rhodes taught himself magic by watching tutorials on YouTube.| Laurens Cerulus / Politico: |
In a draft plan, the EU outlines a Joint Cyber Unit, which would let countries hit by cyberattacks request help, including rapid response teams — Barrage of cyberattacks pushes EU to pool powers to fight hackers. — The European Union wants to launch a new cyber unit to respond to cyberattacks …
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The Record. Tweets: @campuscodi, @jamesliamcook, @laurenscerulus, @gazthejourno, @loumariehsd, and @therecord_media
| Hannah Murphy / Financial Times: |
How Monero, a cryptocurrency that obscures the sender and receiver, is increasingly being used by ransomware gangs wary of bitcoin's traceability — Untraceable ‘privacy coin’ is rising in popularity among ransomware gangs, posing problems for law enforcement| Vicky McKeever / CNBC: |
Dating app Bumble says it's giving all ~700 employees a “paid, fully offline one-week vacation” in June, recognizing the challenges endured during the pandemic — Bumble CEO Whitney Wolfe Herd has given the dating app's 700 employees this week off as paid vacation in an effort to help with burnout.
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BBC, CNN, Sky News, The Independent, Input, Newser, and The Business Journals
Tweets: @markdistef, @vmckeevercnbc, @emorwee, and @epro
| Ingrid Lunden / TechCrunch: |
Oyster, which develops HR software for a distributed workforce, raises $50M Series B led by Stripes at a $475M valuation, up 6x from its previous valuation — The future of work is long on long-distance, and today a startup that's built a platform to help organizations hire global talent …
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PR Newswire, Fully Distributed, and FinSMEs
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