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July 8, 2021, 1:40 PM
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| New York Times: |
Book excerpt shows how Zuckerberg and Sandberg's partnership deteriorated during the Trump era, as Zuckerberg increasingly made the biggest policy decisions — The company they built is wildly successful. But her Washington wisdom didn't hold up, and neither did their close working relationship.
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Insider and Insider
Tweets: @rmac18, @juliacarriew, @dmccabe, @ceciliakang, @klonick, @bostonjoan, @evelyndouek, @sheeraf, @profcarroll, @heathbrown, @jason_kint, @stevekovach, @karaswisher, @ceciliakang, @ron_fournier, @ceciliakang, @satariano, @shiraovide, @ehananoki, @ceciliakang, @ceciliakang, @justinhendrix, @peterbakernyt, @venkatananth, @ron_fournier, @mjzalewski, @yaeleisenstat, @williamturton, and @nytimes
| CNBC: |
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2 — - Simo will succeed Instacart founder Apoorva Mehta on Aug. 2, and Mehta will transition to executive chairman of the board.
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Instacart Corporate, Bloomberg, Engadget, Protocol, Financial Times, Insider, Instacart Corporate, and Bloomberg
Tweets: @dee_bosa, @kurtwagner8, @mikeisaac, @joshconstine, @ellenhuet, @sarahfrier, @initialized, @apoorva_mehta, @dee_bosa, @mitchgarber, @danidudeck, @rachaelrad, @sriramk, @joannastern, @richlightshed, @modestproposal1, @levynews, @robleathern, @jess, @instacart, @nmasc_, @sarthakgh, @pkafka, @alexeheath, @garrytan, @zerobeta, @eladgil, @caseynewton, @alexisohanian, @saranormous, @jess, @bradstone, @kurtwagner8, @mikeisaac, @sarafischer, and @stevekovach. Thanks:@mattrosoff
| Wilson White / The Keyword: |
Google says antitrust suit by 37 AGs targeting Google Play is “meritless” as it ignores Android's openness to allow competing app stores and sideloading of apps — We built Android to create more choices in mobile technology. Today, anyone, including our competitors …
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Bloomberg, BBC, ZDNet, Ars Technica, Android Police, Thurrott, Techdirt, Insider, iPhone in Canada Blog, Droid Life, MSPoweruser, iThinkDifferent, KnowTechie, Windows Central, TechSpot, phonearena.com, XDA Developers, Silicon Republic, Tech Xplore, The Mac Observer, USA Today, and Mashable
Tweets: @keleftheriou, @lockheimer, @bobbyallyn, @ihnatko, @slightlylate, @thelinuxexp, @dr_scaphandre, and @dnaltews
| Jon Porter / The Verge: |
AG suit alleges Google tried to “preemptively quash” Samsung's Galaxy app store by offering to pay Samsung, stopping OEMs from offering other stores, and more — ‘Competition in app distribution is a virus to be eliminated’ — Google used anticompetitive practices in an attempt to … | Leah Nylen / Politico: |
AGs from 36 states and DC file an antitrust suit against Google, targeting Play Store's practice of making devs use its billing system and charging a commission — The lawsuit filed in California federal court is the third by state attorneys general to target the company for alleged antitrust violations.
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New York Times, TechCrunch, Washington Post, MacRumors, Input, Engadget, Reuters, Philip Elmer‑DeWitt, Firstpost Tech, The Overspill, CNN, TNW, The Hill, The Information, and iTnews
Tweets: @joshstein_, @timsweeneyepic, @backlon, @newyorkstateag, @vijayshekhar, @senblumenthal, @kifleswing, @stevesi, @citizenalex3, @backlon, @daiwaka, @backlon, @econ_marshall, @klasfeldreports, @backlon, @timsweeneyepic, @agellison, @jacknicas, @derekmross, @snazzyq, @reckless, @mmasnick, @ddayen, @econliberties, @stevekovach, and @matthewstoller
| Zack Seward / CoinDesk: |
Crypto financial services company Circle says it is going public via a SPAC merger at a $4.5B valuation — The deal values Circle at $4.5 billion. — Circle is going public in a deal that values the crypto financial services firm at $4.5 billion, the firm said Thursday.
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PR Newswire, Circle Blog, TechCrunch, Decrypt, The Guardian, PYMNTS.com, TechCrunch, MarketWatch, Forbes, Bloomberg, Finextra, Coinspeaker, cryptodaily.co.uk, The Block, Crypto Briefing, and BitcoinExchangeGuide
Tweets: @jerallaire, @jerallaire, @sytaylor, @cryptowendyo, @charlieshrem, @thestalwart, @ahcastor, @djohnson_cpa, @mayazi, @zackseward, and @altcoin_alerts
| Isabelle Lee / Insider: |
Visa partners with 50+ crypto firms, including Coinbase, to let users convert and spend crypto and says $1B+ was spent via crypto-linked Visa cards in H1 — - Visa is partnering with over 50 crypto companies to allow clients to spend digital currencies. — This means clients can buy …
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Visa, CNBC, TechSpot, KnowTechie, and Forkast
Tweets: @terryangelos, @chrislbecker, @visanews, @sbf_alameda, @ldrogen, and @rosshill
| Sascha Segan / PCMag: |
Qualcomm and Asus partner to launch the “Smartphone for Snapdragon Insiders”, a $1,499 handset with Snapdragon 888, a glowing Snapdragon logo, and more — The Asus-made phone will showcase features that Qualcomm has been promoting but hasn't added to other prominent devices in the US.
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Engadget, Android Authority, 9to5Google, HotHardware.com News, Forbes, mobilesyrup.com, XDA Developers, Gizmodo, AnandTech, TechRadar, Liliputing, Phandroid, Pocket-lint, Android Central, Android Central, Digital Trends, and Notebookcheck.net
Tweets: @tnkgrl, @markhachman, @ronamadeo, @gartenberg, and @saschasegan
| FinSMEs: |
Instawork, a marketplace that connects hourly workers with employers, raises $60M Series C led by Craft Ventures, bringing its total raised to $100M — Instawork, a San Francisco, CA-based digital marketplace connecting local businesses with qualified professionals across the U.S., raised $60m in Series C financing.| Bloomberg: |
Twitter says it will “fully comply” with India's new IT rules, has appointed an interim chief compliance officer, and will name a grievance officer by July 11 — Twitter Inc. pledged to “fully comply” with India's new internet regulations, caving in a dispute with the government …
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The Verge, Entrackr, Reuters, The Economic Times, Times of India, and India Today
Tweets: @ashwinivaishnaw and @technology
| Patrick Howell O'Neill / MIT Technology Review: |
How a years-long cybercrime investigation by FBI, Russia, and Ukraine was undone by corruption, rivalry, and stonewalling, resulting in the hackers going free — Russia and Ukraine promised to cooperate and help catch the world's most successful hackers. But things didn't quite go to plan.
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Wired. Tweets: @howelloneill, @selenalarson, @techreview, @howelloneill, @howelloneill, @k8em0, and @howelloneill
| Anna Irrera / Reuters: |
Research: fintech companies globally raised $54.1B between January and June, more than total raised in the two previous years — Fintech companies based in London raised more funding from venture capital investors in the first six months of 2021 than in any other year … | Nishant Sharma / BloombergQuint: |
Zomato prices shares at $0.96-$1.02 for its IPO in India that opens on July 14, seeking to raise $1.3B at valuation of about $8B — Zomato Ltd. is seeking a valuation of up to Rs 60,000 crore as the food ordering and delivery platform looks to raise capital for expansion.| Nikkei Asia: |
Sources: Google is acquiring Japanese cashless payment company pring for between $180M-$270M, with plans to offer fintech services in the country next year — US tech major's acquisition of cashless payment startup heralds more competition — TOKYO — Google is making a foray … | Kia Kokalitcheva / Axios: |
Clearco, which provides non-dilutive, revenue-based financing to internet startups, raises $215M Series C extension from SoftBank Vision Fund 2 — Clearco, which provides non-dilutive, revenue-based financing to internet startups, has raised $215 million in a Series C extension from SoftBank Vision Fund 2.
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TechCrunch, altfi.com, BetaKit, Silicon Republic, Reuters, and Crunchbase News
Tweets: @djarisarah and @nmasc_
| Saritha Rai / Bloomberg: |
Report: India has over a thousand funded startups and ten unicorns in the SaaS sector, generating as much as $3B in annual subscription revenues — - The number of SaaS unicorns could increase 10-fold in India — Industry group forecasts strong growth for SaaS market| Bonnie Kristian / The Week: |
Trump's lawsuits that claim Facebook, Twitter, and YouTube violated his First Amendment rights are just PR and fundraising tools, and likely legally doomed — One member of this class action is not like the others — Former President Donald Trump announced himself on Wednesday …
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Mediaite, Knight First Amendment …, Techdirt, ZDNet, Bloomberg, and techpolicyinstitute.org
| CNBC: |
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Protocol, Wall Street Journal, Insider, Washington Post, Engadget, and BBC
Tweets: @nytnickc, @jannwolfe, @bradheath, @aricohn, @adamsteinbaugh, @bradheath, @nandu79, @isabellaredjai, @jyarow, @samstein, @devlinbarrett, @bencjacobs, @steve_vladeck, @jaywillis, @tribelaw, @barbmcquade, @svdate, @ememess, @willoremus, @jolly_jack, @frankluntz, @steve_vladeck, @ariehkovler, @jannwolfe, @bradmossesq, @arguendiot, @akivamcohen, @w_terrence, @adamkinzinger, @timobrien, @saracarterdc, @billmon27, @harrylitman, @j_remy_green, @johnwdean, and @teri_kanefield
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Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
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