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July 18, 2019, 12:50 PM
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| European Commission: |
European Commission fines Qualcomm €242M for abusing its dominance in 3G baseband chipsets by selling below cost to force its competitor Icera out of the market — The European Commission has fined Qualcomm €242 million for abusing its market dominance in 3G baseband chipsets.
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CNET, VentureBeat, Android Police, Bloomberg, Engadget, The Register, Telegraph, Reuters, TechCrunch, Neowin, Financial Times, MacDailyNews, Thurrott, Telecoms.com, Inquirer, and The Verge
Tweets: @vestager and @pablopereza
| James Vincent / The Verge: |
A look at the challenges facing Boston Dynamics, chief among them public perception, as it prepares to launch its first commercial bot, called Spot, this year — Not many robotics companies can boast legions of fans online, but not many robotics companies make robots quite like Boston Dynamics.
Tweets: @jjvincent, @alexjamesfitz, and @bob_malak
| Donie O'Sullivan / CNN: |
DNC warns 2020 presidential campaigns not to use FaceApp; alert from DNC's chief security officer notes that the app was “developed by Russians” — Washington (CNN) — The Democratic National Committee sent a security alert to 2020 presidential campaigns Wednesday afternoon warning …
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Axios, Reuters, CNET, Gizmodo, USA Today, Engadget, Business Insider, NBC News, Washington Post, BBC, CNBC, 9to5Mac, New York Times, iMore, TechCrunch, The Verge, and Vox
Tweets: @donie, @zackwhittaker, @espiers, @cnn, @drewharwell, and @drewharwell
| Jim Waterson / The Guardian: |
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TechCrunch, Wired, Business Insider, TechCrunch, New York Post, New York Times, Forbes, CyberScoop, Washington Post, VICE, KnowTechie, D-ID, 9to5Mac, iPhone in Canada Blog, Slate, The Verge, Fortune, The Seattle Times, OneZero, TechSpot, Silicon Republic, Geek.com, Firstpost Tech, SoyaCincau.com, Tech.co, SiliconANGLE, The Hill, Axios, Fast Company, and The Daily Dot
Tweets: @frankthorp, @chronic, @wongmjane, @nicoleperlroth, @chronic, @_inside, @karissabe, @panzer, @moorehn, @paultassi, @allbrightnfl, @amaramarasingam, @karissabe, @bobcesca_go, @rosiegray, @bobcesca_go, @blobyblo, @lachlan, @profcarroll, @dakami, @iblametom, @sfiegerman, @panzer, @panzer, @panzer, @panzer, and @panzer
| Netflix Investor Relations: |
Netflix reports Q2 revenue of $4.9B, up 26% YoY, and total paid membership of 152M, up 22% YoY, but it added 2.7M new subs, down from 5.5M YoY; stock down 10%+ — Fellow shareholders, As expected, revenue growth accelerated 400 basis points to 26%, and operating income increased 53% year over year in Q2.
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CNBC, CNBC, Financial Times, Variety, PYMNTS.com, Silicon Republic, Neowin, Coinspeaker, TechSpot, Bloomberg, Android Authority, The Verge, 9to5Mac, Mashable, GameSpot, Gizmodo, Business Insider, NBC News, CNBC, Memeburn, Axios, MacDailyNews, and AdExchanger
| Todd Spangler / Variety: |
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New York Times, The Verge, The Verge, BBC, CNBC, Business Insider, Tom's Guide, Stop the Cap!, and Telegraph
Tweets: @edmundlee, @shiraovide, @karlbode, @loudmouthjulia, @loudmouthjulia, and @kevinwildes
| Chris Welch / The Verge: |
| Catalin Cimpanu / ZDNet: |
Slack says it is resetting passwords for 1% of its users after receiving new info about the company's 2015 security breach; in April, Slack said it has 10M DAUs — Company said it received a batch of compromised credentials related to the 2015 hack via its bug bounty program.
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Slack, TechCrunch, ZDNet, Engadget, BleepingComputer, CNET, Inquirer, The Verge, TechSpot, The Hacker News, Neowin, SecurityWeek, and Boing Boing
| Ken Dilanian / NBC News: |
Microsoft says it has warned ~10,000 customers of nation-state attacks in the past year and tracked 781 cyberattacks by foreign adversaries this election cycle — The tech giant says it has tracked more than 700 cyberattacks by foreign adversaries against U.S. political organizations so far this election cycle.
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Microsoft on the Issues, Ars Technica, Wall Street Journal, CyberScoop, Washington Post, ZDNet, MSPoweruser, The Verge, Neowin, The Next Web, IT PRO, Inquirer, TechCrunch, Engadget, Bloomberg, and CNET
Tweets: @likethecoins, @nbcpolitics, and @ericgeller
| Alfred Ng / CNET: |
Google removes seven stalkerware apps from the Play Store that were found by Avast researchers; the apps had been installed more than 130,000 times — You'd think it would be difficult to find an app that can secretly track a person's every move. But researchers have found them right in the open on Google's Play Store.
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Avast EN, XDA Developers, The Next Web, 9to5Google, Inquirer, TechSpot, Softpedia News, Thurrott, The Register, Firstpost Tech, Gizmodo, and Engadget
Tweets: @adam_k_levin and @martijn_grooten
| Bloomberg: |
Sources: Trump is looking into the Pentagon's JEDI contract, which is set to be awarded to Amazon or Microsoft, to decide whether he should intervene — - Pentagon poised to give JEDI contract to Amazon or Microsoft — President frustrated he was unaware of Republican concerns| Anthony Ha / TechCrunch: |
Haus, a real estate startup started by Uber co-founder Garrett Camp as part of his startup studio Expa, raises $4.1M in seed funding and $3M in debt — Haus, a startup aiming to make home ownership more affordable and flexible, is announcing that it has raised $7.1 million in new funding.
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FinSMEs
| Greg Kumparak / TechCrunch: |
Instagram expands its test to hide the number of likes on other users' posts to six more countries: Ireland, Italy, Japan, Brazil, Australia, and New Zealand — Would the Internet be a better place if we all paid a little less attention to fake Internet points? Instagram is still trying to figure it out.| Thomas Claburn / The Register: |
DoJ charges former Microsoft developer, a Ukrainian citizen, for allegedly using a test account to steal $10M by purchasing and reselling Microsoft e-gift cards — ‘No safeguards’ on QA accounts, and suddenly this guy gets a Tesla and $1.6m home, say prosecutors| Jacob Kastrenakes / The Verge: |
Instagram strengthens moderation policies, introducing an alert to warn people when their account is close to being deleted and giving moderators more leeway — Instagram is strengthening its moderation policies today and adding a new alert that will warn people who violate rules when their account is close to being deleted.| Manish Singh / TechCrunch: |
New Delhi-based MyMoneyMantra, which operates a marketplace for financial services, raises $15M, its first external funding in its 30-year history — MyMoneyMantra, a 30-year-old New Delhi-based firm that operates a marketplace of financial services, has raised $15 million in its maiden funding round …
More:
mymoneymantra.com/blog and PE Hub Blog
| Kyle Wiggers / VentureBeat: |
Pivot, whose gym product Smartspot uses a depth-sensing camera to record workouts and identify incorrect postures, comes out of stealth, raises $17M Series A — There's no shortage of fitness apps that promise to tone your muscles and boost your baseline heart rate, but a new challenger … | Sarah Perez / TechCrunch: |
Wattpad's ad-free subscription tier and Wattpad Paid Stories, which offers exclusive, paywalled content to users, are now available worldwide to its 70M+ users — Online storytelling community Wattpad, also now a content feeder for streaming services and other media companies, is taking its two consumer-facing paid products global.| Ana Wolsztajn / Tech.eu: |
Business travel management platform TravelPerk raises an additional $60M as an extension of its $44M Series C, says its revenue increased by 300% in 2019 — Barcelona-based disruptor in the business travel sector has raised an extra $60 million as an extension to its Series C. The investment …
More:
PE Hub Blog, FinSMEs, and PhocusWire
| New York Times: |
While the Senate hearing on Libra focused on mistrust of Facebook, the House hearing focused on hurdles Facebook may face if it wants to release Libra next year — Lawmakers said in a House hearing on Wednesday that Facebook's plan to enter the world of cryptocurrency and global finance …
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The Guardian, Axios, and CNBC
| Douglas Busvine / Reuters: |
After a seven-month probe, Amazon reaches a deal with German antitrust watchdog to give 30 days notice and a reason for removing a merchant from its platform — FRANKFURT (Reuters) - Amazon (AMZN.O) has reached a deal with Germany's anti-trust authority to overhaul its terms of service … | European Commission: |
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Wall Street Journal, CNBC, Observer, The Overspill, Gizmodo, and Engadget
Tweets: @l0jeda, @tomwarren, @eu_competition, @senblumenthal, @lutherlowe, and @lewis_crofts
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