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July 1, 2021, 2:05 PM
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| Dan Primack / Axios: |
Robinhood files for long-awaited IPO, says it will set aside up to 35% of shares for retail investors — Popular trading app Robinhood on Thursday filed for its initial public offering, and disclosed that it will set aside up to 35% of shares for retail investors who rarely get to buy at a company's IPO price.| Austin Carr / Bloomberg: |
Documents and interviews detail how a junior Microsoft engineer exploited a bug to generate Xbox gift card codes worth $10.1M+ before his arrest in Nov. 2020 — The Xbox gift card came with a string of 25 letters and numbers. The digits, known as a 5x5 code, were sent in an email …
More:
Windows Central, IGN, SegmentNext, PC Gamer, GameSpot, thegamer.com, and purexbox.com
Tweets: @jasonschreier, @business, @austincarr, and @ethangach
| Paul Sawers / VentureBeat: |
Articulate, which offers SaaS products that Amazon and other companies use to create training courses for employees, raises $1.5B Series A at a $3.75B valuation — Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out.
More:
Protocol, Crunchbase News, SiliconANGLE, TechCrunch, and FinSMEs
| Salvador Rodriguez / CNBC: |
Adam Mosseri says Instagram plans to test video more broadly, calls TikTok and YouTube competitors, and says Instagram is “no longer a photo-sharing app” — - Facebook's head of Instagram said the service plans to start showing users full-screen, recommended videos in their feeds.
More:
iThinkDifferent, AppleInsider, Engadget, Tubefilter, PetaPixel, Financial Times, phonearena.com, The Hollywood Reporter, iMore, MacRumors, iDownloadBlog.com, iPhone Hacks, KnowTechie, TNW, and Ubergizmo
Tweets: @mosseri, @alexjamesfitz, @taylorlorenz, @verge, @alex193a, @jake_k, @teslimalabi_, @rarasensei, @richlightshed, @nicksaysgo, @michaelmiraflor, @eugenialoli, @rivryan, @digiphile, @viditb, @kennwhite, @joshelman, @smarinophoto, @amil, @mikeolbinski, @sheepchase, @chrismessina, @broderick, @thesocialchain, @alex193a, @lblasey, @entysads, @adrierising, @karissabe, @claytoncubitt, @bengrosser, @miarsato, @msiddiqi, @joshuaogundu, @modestproposal1, @elamin88, @j_kirkland, @_hintermeister_, @navalang, @raewitte, @alex193a, @eldritchgirl, @fxflow, @jcorb_, @somecody, @stockmktnewz, and @kimmcnichol
| Catalin Cimpanu / The Record: |
NSA, FBI, and others say Russian hacking group Fancy Bear has been using Kubernetes to run brute force attacks on US and foreign organizations since mid-2019 — US and UK cybersecurity agencies said today that a Russian military cyber unit has been behind a series of brute-force attacks …
More:
NSA.gov, BleepingComputer, The Independent, The Hill, NBC News, CyberScoop, CNN, Forbes, Wired, SC Media, and ComputerWeekly.com
Tweets: @nsacyber, @gordoncorera, @johnhultquist, @jennamc_laugh, @b_fung, @b_fung, @tonyajoriley, @campuscodi, and @b_fung
| Jacob Kastrenakes / The Verge: |
TikTok is rolling out longer videos of up to three minutes, up from one minute, to all users over the coming weeks, after testing them since December — Now up to three minutes — TikToks are about to get longer. The app is now rolling out the ability for everyone to publish videos …
More:
TikTok, Silicon Republic, TechCrunch, Livemint, PCMag, Softpedia News, CNET, iPhone Hacks, MUO, Neowin, 9to5Mac, and KnowTechie
Tweets: @stokel, @briefnorris, @bryandfischer, @sarthakgh, @martinsfp, @stokel, @benji_fernandes, @stokel, @alexhern, and @abhymurarka
| Thomas Claburn / The Register: |
Sources: IBM's company-wide email migration, 18 months in the making, has left many employees unable to use email or schedule calendar events for several days — IBM's planned company-wide email migration has gone off the rails, leaving many employees unable to use email or schedule calendar events.
Tweets: @markham, @jackbrewster, @achis, @chingedyching, @chuff_sf, @jalajboy, @darth, @mohamed, @film_girl, @cedfunches, @stevekovach, @shiraovide, @quinnypig, @kebelledonne, @leyrer, @benedictevans, @yeetguru, and @chrisfralic
| Politico: |
Around 130 countries, including all G20 nations, agree to a global tax deal, aimed at world's 100 biggest companies and setting minimum corporate rates at 15% — The world's largest economies agreed Thursday to sweeping changes to the global tax system, despite staunch opposition …
More:
OECD.org, Bloomberg, Axios, Protocol, OECD, Nikkei Asia, Reuters, Wall Street Journal, CNBC, U.S. Department …, and Politico
| Reuters: |
Putin signs a law forcing foreign tech companies with a daily audience in Russia of over 500,000 people to open offices in the country by 2022 — President Vladimir Putin has signed a law that obliges foreign social media giants to open offices in Russia, a document published by the government … | Eugene Kim / Insider: |
Sources: Amazon is discussing forming a “Rebel Alliance” with Slack and other companies to challenge Microsoft's dominance of the work-productivity app market — - Amazon has discussed creating a software bundle with other companies to compete with Microsoft.
More:
New York Post, OnMSFT.com, and Bloomberg
Tweets: @thetrentharvey, @jeffjohnroberts, @stefann42, @garrytan, and @nichcarlson
| Matt Day / Bloomberg: |
Days before Bezos steps aside, Amazon adds two points to its 14 corporate values, requiring staff to consider welfare of coworkers and society at large — - Workers now required to consider employee welfare, society — Employees are hired, evaluated on how they conform to list
More:
GeekWire, About Amazon, Insider, CNBC, and fossbytes.com
Tweets: @mattmday, @iamlearninhere, @carnage4life, @carnage4life, @markhurst, @bradstone, @eringriffith, @mattmday, @girdley, and @bradstone
| Politico: |
Former Trump spokesman Jason Miller leads GETTR, a Twitter-like service that bills itself as a “non-bias social network”, in the newest pro-MAGA tech venture — GETTR will be the newest MAGA venture in this space. It's being led by Trump's former spokesman, Jason Miller.| Nina Bambysheva / Forbes: |
Brazil's largest crypto exchange Mercado Bitcoin raises $200M Series B from SoftBank Latin America Fund, valuing its parent company 2TM Group at $2.1B — I cover cryptocurrencies and other applications of blockchain — Brazil's leading cryptocurrency exchange, Mercado Bitcoin raised $200 million …
More:
Business Wire, TechCrunch, The Block, Bitcoin Magazine, Crowdfund Insider, cryptodaily.co.uk, Crypto Briefing, and CoinDesk
Tweets: @marceloclaure and @bayareawriter
| Kyle Bradshaw / 9to5Google: |
Google updates its Passes API to let users store COVID vaccine cards on Android devices, starting in the US, and says it won't keep a copy of user's information — Google has announced today that Google Pay is now capable of saving and displaying COVID-19 vaccination cards on Android …
More:
Google Developers Blog, Gizmodo, The Verge, SiliconANGLE, TechCrunch, CNET, KnowTechie, t3.com, phonearena.com, PCMag, Android Headlines, BGR India, TechSpot, and Gizchina
Tweets: @drericding and @caesars
| Michelle F Davis / Bloomberg: |
Olive, which is developing AI bots to automate healthcare administration tasks, raises $400M at a $4B valuation, seven months after being valued at $1.5B — Olive, a digital-health startup looking to use technology to help health-care firms automate tasks, has closed a funding round that values … | Saqib Shah / Engadget: |
Facebook is making its free cloud gaming service for desktop and Android available to 98% of mainland US and partners with Ubisoft — Oculus VR and livestreams, Facebook's gaming ambitions also include the cloud. Today, the company is making free game streaming available to 98 percent …
More:
9to5Mac and About Facebook
| Jonathan Zittrain / The Atlantic: |
A look at link rot, and projects like Perma, which are trying to give authors of enduring documents like scholarly papers a way to preserve links permanently — Sixty years ago the futurist Arthur C. Clarke observed that any sufficiently advanced technology is indistinguishable from magic.
More:
Financial Times. Tweets: @samvilkins, @jonahedwards, @paulg, @zittrain, @heghoulian, @adriennelaf, @matthewkeyslive, @grimmelm, @film_girl, @drewsthatdude, @lanceulanoff, @prof_gabriele, @berkmanonlyfans, @anjacks0n, @lljohnston, and @ethanz
| Sergiu Gatlan / BleepingComputer: |
CISA releases a new self-assessment tool to help organizations understand how well they are equipped to defend against and recover from ransomware attacks — The US Cybersecurity and Infrastructure Security Agency (CISA) has released the Ransomware Readiness Assessment (RRA), a new module for its Cyber Security Evaluation Tool (CSET).| Alex Hern / The Guardian: |
Facebook, Google, Twitter, and TikTok sign up to pledge led by WWWF, to overhaul their moderation systems to tackle the abuse of women on their platforms — Facebook, Google, Twitter and TikTok commit to overhaul their platform's moderation systems — Four of the world's largest social networks …
More:
World Wide Web Foundation, inews.co.uk, The Verge, World Wide Web Foundation, Engadget, ZDNet, BBC, and CNET
| Trilby Beresford / Hollywood Reporter: |
Singularity 6, which is developing an MMO community sim game called Palia, raises $30M Series B led by FunPlus Ventures, with a16z and others participating — ‘Palia’ is a massively-multiplayer simulation game designed for players to build friendships and community.
More:
TechCrunch, VentureBeat, Bleeding Cool, GameSpot, and GamesIndustry.biz
| ACLU: |
Maine enacts the strongest statewide facial recognition law in the US, prohibiting the use of facial recognition tech in public schools and most police work — AUGUSTA, Maine - Maine has enacted the country's strongest statewide facial recognition law. Maine's law prohibits the use …
| Jason Snell / Six Colors: |
As Apple releases macOS Monterey public beta, an in-depth look at Focus, iCloud Private Relay, Safari's revamped UI, FaceTime, SharePlay, and other new features — If there's a theme of Apple's operating-system releases in 2021, it's platform unification. This development is most significant … | Sam Shead / CNBC: |
Amazon says it is setting up a new development center in Helsinki to support Amazon Scout, an autonomous delivery robot that the company is testing in the US — - The Seattle-headquartered tech giant said in a blog post that it is setting up a new “Development Center” to support Amazon Scout … | Patrick Clark / Bloomberg: |
Goldman Sachs leads $32M Series A in Entera, a SaaS provider helping real estate investors find, buy, and manage single-family homes in 24 markets across the US — - Entera helps investors find, buy and renovate rental houses — Investors used software to acquire nearly $1 billion in homes
| David Ingram / NBC News: |
A federal judge has issued a preliminary injunction blocking Florida's Stop Social Media Censorship Act from going into effect, which was scheduled for Thursday — A federal judge Wednesday put on hold a first-of-its-kind law in Florida that authorized the state to penalize social media companies …
More:
Northern District Court of Florida, Washington Post, Bloomberg, Axios, TNW, and Sun-Sentinel
Tweets: @aricohn, @adamsteinbaugh, @electproject, @donie, @reckless, @aricohn, @dwuhlfelderlaw, @aricohn, @annaforflorida, @grantstern, @annaforflorida, @eff, @bradheath, @carnage4life, @aricohn, @nikkifried, @amandacarpenter, @aricohn, @reckless, @reckless, @mjs_dc, @techfreedom, @senatorshoshana, @jeffjarvis, @adegrandpre, @reckless, and @debipcfla
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