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September 3, 2021, 9:00 AM
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| Wayne Ma / The Information: |
Sources: Apple's planned VR/AR headset will need a wireless connection to an Apple device for full functionality; Apple completed work on VR/AR chips last year — New details of the custom chips designed by Apple for its forthcoming virtual reality and augmented reality headset indicate …
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Ars Technica, The Verge, 9to5Mac, Engadget, Sifted, iPhone in Canada Blog, phonearena.com, iMore, TechRadar, Tom's Guide, Pocketnow, Benzinga, SlashGear, Ubergizmo, BGR, Input, MobileSyrup, and Gizmodo
Tweets: @waynema, @anshelsag, @xrandrew, @scobleizer, @scobleizer, and @reneritchie
| Insider: |
Sources: Amazon will launch its own TV featuring Alexa and no third-party manufacturer branding in the US, possibly as soon as October — - Amazon is planning to roll out its own Amazon-branded TV, Insider has learned. — A US launch is targeted for as soon as October.
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Livemint, Phandroid, TechSpot, TechRadar, Pocket-lint, SlashGear, Digital Trends, SamMobile, Pocketnow, Android Central, CNET, Benzinga, and Reuters
Tweets: @thebenbergman, @alistairmbarr, @eugenekim222, @ophirgottlieb, @richlightshed, @profgalloway, and @plantmath1. Thanks:@jpmanga
| Anirban Sen / Reuters: |
Sources: Reddit is planning an IPO for as soon as early 2022, following a $10B valuation in August — Reddit Inc, the operator of online message boards that became the go-to destination for day traders chasing this year's frenzy for so-called ‘meme’ stocks, is seeking to hire investment bankers …
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Protocol, Insider, Silicon Republic, Coinspeaker, PYMNTS.com, and New York Post
Tweets: @beuvingjordy, @blackamazon, and @gregroumeliotis
| Reuters: |
Filings: NLRB is investigating two complaints by Apple employees, including one by senior engineering PM Ashley Gjøvik who alleges workplace harassment and more — The U.S. National Labor Relations Board is investigating two cases filed by employees against Apple, records on the agency's website show.
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Engadget, 9to5Mac, iMore, Financial Times, iThinkDifferent, Bloomberg, CNET, AppleInsider, and Mashable
Tweets: @cherthedev, @ashleygjovik, @_shantini_, @cherthedev, @_shantini_, @kitchens_sync, @_shantini_, @rmondello, @cherthedev, @ashleygjovik, @cherthedev, @_shantini_, @darchmare, @apple_tomorrow, @zoeschiffer, @rmondello, @_shantini_, @_shantini_, @tpoholmes, @darchmare, @_shantini_, @novallswift, @_shantini_, @cherthedev, @darchmare, @_shantini_, @collindonnell, @ashleygjovik, @zoeschiffer, @_shantini_, @zoeschiffer, @_shantini_, @_shantini_, and @mattdpearce
| Andrew Thurman / CoinDesk: |
Dom Hofmann's Loot, with NFTs of random lists of items ostensibly from a fantasy video game, had $46M in sales in just 5 days, attaining a market cap of $180M+ — The latest non-fungible token (NFT) craze is among the simplest - and the strangest - yet: a randomly generated list …
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The Verge. Tweets: @zoink, @gakonst, @dhof, @jonjyan, @coindesk, @redefined_life, @moesalih_, @vitalikbuterin, @chrismessina, @carnage4life, @carbono_com, @boredgenius, @wrappedstrikers, and @popo
| Sheila Dang / Reuters: |
Sources: AWS plans to hire content moderators to look for emerging extremist groups and remove content that violates its cloud service policies — Amazon.com Inc (AMZN.O) plans to take a more proactive approach to determine what types of content violate its cloud service policies …
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IT PRO, MediaNama, TechRadar, and Telecoms.com
Tweets: @sheila_dang, @martinavila, @cortessteve, @reutersbiz, @reutersbiz, and @mdudas
| Ash Parrish / The Verge: |
Gamesight data shows a dip in Twitch viewership on Wednesday, possibly 5%-15%, as some streamers took #ADayOffTwitch to bring awareness to “hate raids” — It seems as if the Twitch walkout was a success — Streamers took a day off Twitch on September 1st to bring attention …
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Wired, Creator Hype, Garbage Day, GeekWire, Eurogamer.net, PC Gamer, and GameSpot
Tweets: @dantelfer, @wired, @cecianasta, @anykeyorg, @cecianasta, and @cecianasta
| Issie Lapowsky / Protocol: |
Following Texas' abortion law, tech companies could face suits over providing on-demand rides to clinics, subpoenas requesting user data, and more — With the Supreme Court deciding not to block Texas' effective ban on abortion this week, fears have been rightly focused on the people in Texas …
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Techdirt. Tweets: @almostmedia, @gregabbott_tx, @mmasnick, @evan_greer, @zittrain, @lauragorsky, @jakelobin, @ashleylatke, @lowkeykyrie, @marybadthings, and @evan_greer
| Bloomberg: |
Sources: the city of Beijing has proposed an investment in Didi Global that would give state-run firms control of the world's largest ride hailing company — - State-backed firm Shouqi Group part of potential consortium — Proposal lets China control world's largest ride-hailing firm| Francesco Rizzato / Opensignal: |
State of 5G in the US: New York had the fastest download speed at 114 Mbps, while Vermont had the slowest at 42.2 Mbps but the best 5G video experience — As U.S. carriers continue to hit new milestones in their 5G network rollouts, Opensignal has now conducted the most comprehensive analysis …
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CNET
| Andrew J. Hawkins / The Verge: |
General Motors says it is temporarily halting production at six of its North American factories due to the global chip shortage — ‘The situation remains complex and very fluid’ — General Motors, parent company of Chevrolet, GMC, Cadillac, and Buick, said it was temporarily halting production …
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Detroit Free Press, Wall Street Journal, SlashGear, CNBC, Reuters, Kotaku, Tom's Guide, Automotive News, Wall Street Journal, Detroit News, The Hill, and TechSpot
Tweets: @jonhusted, @repdebdingell, @bgdnbusiness, @hplemke, @stephenfleming, and @jlareauan
| Bloomberg: |
JD.com's real estate unit has agreed to buy a controlling stake in China Logistics in a deal valuing the company at ~$2.1B, a 7% premium to Wednesday's close — - E-commerce giant agrees to acquire controlling stake — Offer price is about a 7% premium to Wednesday close| Bloomberg: |
China's SMIC will spend $8.87B to build a plant on the outskirts of Shanghai and set up a $5.5B joint venture with Shanghai's government to oversee the project — - SMIC to set up a $5.5 billion JV in the city's free trade zone — The company is pivotal to China's broader chip ambitions
More:
South China Morning Post, Reuters, and pandaily.com
| Bloomberg: |
Delivery Hero raises €1.25B via convertible notes, its third equity-linked issuance in less than two years — Delivery Hero SE raised 1.25 billion euros ($1.5 billion) from an offering of notes convertible into shares, marking the food-delivery company's third equity-linked issuance in less than two years.
Tweets: @bloombergau
| Sam Schechner / Wall Street Journal: |
Ireland's Data Protection Commission, on behalf of the EU, fines WhatsApp €225M for privacy violations, the second-largest fine under GDPR; WhatsApp will appeal — Regulators say chat-service unit failed to disclose fully how it collected and shared data about its users
Source:
Data Protection Commission. More:
Bloomberg, CNET, BBC, MediaNama, The Verge, Bloomberg, TechRadar, XDA Developers, Euractiv, Wccftech, The Guardian, phonearena.com, Slashdot, Insider, Barron's Online, noyb.eu, and Malwarebytes Labs
| Catherine Shu / TechCrunch: |
Bangkok-based Sunday, which uses AI and ML to provide personalized insurance products and services, raises $45M Series B from Tencent and other investors — Sunday, an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. Investors include Tencent, SCB 10X … | Reuters: |
China says it will set up a new stock exchange in Beijing that will primarily serve “innovation-oriented SMEs” — China's President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized enterprises (SMEs).| Muyao Shen / CoinDesk: |
A doge meme NFT that sold for $4M in June is now valued at $225M+ after it was fractionalized into nearly 17B tokens and sold in a one-day auction — Just three months after a non-fungible token (NFT) representing an image of the original Shiba Inu dogecoin meme sold for about $4 million …
More:
Forkast, Cryptonews, Cointelegraph, and Decrypt
Tweets: @andrewbusey, @chrisfralic, @openoutcrier, @brianroemmele, @bazcap, @neerajka, @carnage4life, and @ryandoofy
| Mary Ann Azevedo / TechCrunch: |
Jeeves, which is building tools to help startups manage expenses, raises $57M Series B at a $500M valuation, after raising $31M equity and $100M debt in June — The founders of a dozen unicorn companies join VCs in Series B — Last summer, Jeeves was participating in Y Combinator's summer batch as a fledgling fintech.| Romain Dillet / TechCrunch: |
Point, a neobank, raises $46.5M Series B led by Valar Ventures, bringing its total raised to $60M — Challenger bank Point has raised a $46.5 million Series B funding round. The company offers an account associated with a debit card. And the startup positions itself as a premium debit card company …
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Finextra. Tweets: @kadespice, @stevejang, @zachtratar, @mashadrokova, @oscrhong, and @ycombinator
| The Verge: |
Apple's updated rules allowing web signup links appear to apply only to apps that don't make much money for Apple, like Netflix and Spotify — It's for apps that don't make Apple any money anyways — While vocal app developers accused Apple last week of spinning a lawsuit settlement …
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The Guardian, New York Times, Philip Elmer‑DeWitt, Nieman Lab, 9to5Mac, phonearena.com, The Overspill, Associated Press, Good e-Reader, AppleInsider, Input, Daring Fireball, Mobile World Live, The Information, Wall Street Journal, Barron's Online, and iPhone Hacks
Tweets: @eldsjal, @keleftheriou, @backlon, @siracusa, @pkafka, @mgsiegler, @stroughtonsmith, @dhh, @patrickmcgee_, @keleftheriou, @reuterslegal, @munster_gene, @munster_gene, @gruber, @bzamayo, @munster_gene, @keleftheriou, @benbajarin, @mgsiegler, @mgsiegler, @mgsiegler, @mgsiegler, @fosspatents, @martinsfp, @stevekovach, @stevekovach, @film_girl, and @timsweeneyepic
| Aditya Kalra / Reuters: |
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The Verge, Coinspeaker, CoinDesk, TechCabal, MediaNama, Ubergizmo, and The Information
Tweets: @horaciog, @jamesthomson, @keleftheriou, @reuterslegal, @eric_seufert, and @appfairness
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