| Steven Levy / Wired: |
A profile of Palmer Luckey's Anduril Industries, which is pitching its VR-based surveillance tech to DHS as a complement to Trump's border wall with Mexico — WE'RE STANDING ON the edge of a cliff on a remote Texas ranch, a long patch of rocky desert stretching out below to the verdant banks … | Lucas Matney / TechCrunch: |
Microsoft Studios creates a new venture The Initiative and buys game studios Undead Labs, Playground Games, Ninja Theory, and Compulsion Games — Microsoft kept the gaming announcements coming at its Xbox E3 press conference where it announced a series of four studio acquisitions meant … | Tom Warren / The Verge: |
Microsoft gaming chief Phil Spencer says the company is building a game streaming network “to unlock console-quality gaming on any device” — Microsoft has been teasing it's working on game streaming from the cloud recently, but today at E3 the company made it official.| Mitchel Broussard / MacRumors: |
Snapchat unveils a new feature called Clear Chats, to let users delete Snapchat messages even after sending them, whether in individual or group chat — Snapchat today announced a new feature called “Clear Chats,” which lets you delete any message you've sent to another person on Snapchat, whether in individual or group chat.| Heather Somerville / Reuters: |
| Jon Russell / TechCrunch: |
Xiaomi reports a net profit of $162M excluding one-off items on revenue of ~$5.37B in Q1, as it publishes its first prospectus for sale of CDRs in Shanghai — A month after it filed for a much-anticipated Hong Kong IPO, Xiaomi has revealed a little more financial information … | Li Yuan / New York Times: |
The near-collapse of ZTE may prompt China's Sputnik moment, when it gets serious about developing its own advanced chip capabilities — HONG KONG — Once derided as a technology backwater and copycat, China is justifiably proud of its technology boom. Its people zip around the country on high-speed trains.| Fred Lambert / Electrek: |
Elon Musk tweets that a major update to the Tesla Autopilot software slated for August will “begin to enable full self-driving features” — Tesla's next major software update ‘version 9.’ is now set for a release in August and it will include the first 'full self-driving features … | Bloomberg: |
| Tony Romm / Washington Post: |
Interview with FCC chairman Ajit Pai, who says FTC will weed out anti-competitive conduct moving forward, on the eve of the end of US' net neutrality rules — Two pivotal developments this week could dramatically expand the power and footprint of major telecom companies … | Connie Loizos / TechCrunch: |
SEC filing shows TraceLink, a SaaS platform aimed at tracking pharmaceutical supply chains and helping fight drug counterfeiting, has raised $60M Series D — Just processed by the SEC on this bright Friday afternoon: TraceLink, a software-as-a-service platform for tracking pharmaceuticals … | Nathaniel Popper / New York Times: |
Profile of Susquehanna, one of the first major Wall Street institutional investors to create a Bitcoin trading desk, as it looks to expand to more crypto assets — SAN FRANCISCO — While a number of large financial institutions have discussed trading Bitcoin, one firm has already begun doing it.| Ingrid Lunden / TechCrunch: |
Cloud HR software firm Workday acquires Adaptive Insights, a provider of cloud-based business planning and financial modeling tools, for $1.55B — Workday, the cloud-based platform that offers HR and other back-office apps for businesses, is making an acquisition to expand its portfolio of services … | Ilyse Liffreing / Digiday: |
Direct-to-consumer brands lower their Facebook ad spend and turn to radio, print, and Instagram as competition for space has made Facebook ads too expensive — Four years ago, when Rich Fulop founded Brooklinen, the direct-to-consumer luxury bedding startup, the customer acquisition strategy …
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| Rick Rojas / New York Times: |