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July 22, 2019, 4:30 PM
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memeorandum
WeSmirchTop News
| Kyle Wiggers / VentureBeat: |
Microsoft says it will invest $1B in OpenAI, beginning a partnership to jointly develop new AI technologies for the Azure cloud platform — Microsoft today announced that it would invest $1 billion in OpenAI, the San Francisco-based AI research firm cofounded by CTO Greg Brockman …
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OpenAI, Microsoft, New York Times, Business Insider, TechCrunch, Engadget, Telegraph, USA Today, MIT Technology Review, SiliconANGLE, The Register, CNBC, TechSpot, Reuters, CNET, PYMNTS.com, Crunchbase News, ZDNet, WinBuzzer, DEVCLASS, Neowin, BetaNews, MSPoweruser, Thurrott, GeekWire, The Verge, Mashable, Silicon Valley Business …, Windows Central, and OnMSFT.com
Tweets: @ghadfield, @paulg, @codybrown, @jwangark, @seanmmcdonald, @benedictevans, @tomwarren, @epro, and @jwangark
| Washington Post: |
Leaked documents show Huawei secretly helped North Korea build its wireless 3G network, raising the question of whether it violated US export controls — Huawei Technologies Co., the Chinese tech giant embroiled in President Trump's trade war with China and blacklisted as a national security threat …
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GitHub, Engadget, Vox, Digital Trends, Telegraph, TechSpot, TechCrunch, iPhone in Canada Blog, Android Authority, Reuters, Gizmodo, CNBC, The Hill, Business Insider, CNET, FierceWireless, Android Central, and Politico
Facebook: Senator Marco Rubio. Tweets: @narangvipin, @gerryshih, @kuriko_c, @nktpnd, @paulmozur, @nktpnd, and @isaacstonefish
| Stacy Cowley / New York Times: |
Equifax will pay at least $650M and potentially significantly more to end an array of state, federal, and consumer claims over the 2017 data breach — The credit bureau Equifax will pay at least $650 million and potentially significantly more to end an array of state, federal and consumer claims …
More:
Federal Trade Commission, Federal Trade Commission, Washington Post, Equifax, Ars Technica, NY State Attorney General, BBC, Digital Trends, Gizmodo, ABC News, Marketing Land, Graham Cluley, Fortune, CNBC, Washington Post, DataBreaches.net, Mercury News, Mashable, CyberScoop, The Hill, CNET, The Verge, Associated Press, Threatpost, KnowTechie, Newser, Engadget, Bloomberg, VentureBeat, CBS New York, TechCrunch, Inquirer, Axios, and Peter O'Kelly's Reality Check
| Mark Gurman / Bloomberg: |
Profile of Jeff Williams, Tim Cook's heir apparent as CEO, who is broadly regarded as a strong choice for the top job within Apple — Jeff Williams co-created the Apple Watch and runs the company's global operations. Can he also handle design—and everything else?
More:
MacRumors, iMore, AppleInsider, MacRumors, MacDailyNews, Cult of Mac, iPhone Hacks, iDownloadBlog.com, 9to5Mac, iPhone in Canada Blog, and Appleosophy
Tweets: @benedictevans, @kkiyer90, @markgurman, @markgurman, @thenickguy, @stroughtonsmith, and @markgurman
| Tony Romm / Washington Post: |
Inside FTC's 16-month Facebook probe that ended in a $5B fine; sources: FTC initially considered imposing more direct liability for Zuckerberg and a bigger fine — Almost as soon as Joe Simons took his seat at a Senate hearing last November, he found himself under political siege.
More:
Wall Street Journal, Digital Trends, and Mashable
Tweets: @tonyromm, @jason_kint, @profcarroll, and @caseynewton
| Kate Clark / TechCrunch: |
Free stock trading app Robinhood raises $323M Series E led by DST Global at a $7.6B valuation — Robinhood, the popular free stock trading app, this morning announced a massive $323 million round led by DST Global. — The Series E financing values the Menlo Park-headquartered business at $7.6 billion …
More:
Under the Hood, Crunchbase News, CoinDesk, Cointelegraph, Anycoin.news, Silicon Valley Business …, and The Block. Tweets: @alex
| Tom Warren / The Verge: |
Slack updates its desktop app for Windows and macOS, which is still built on Electron, claims it now launches 33% faster and uses 50% less RAM than before — Slack's desktop app has been rebuilt for Windows and macOS — Slack is unveiling a new version of its desktop app for Windows …
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Slack, slack.engineering, TechCrunch, Gizmodo, VentureBeat, Thurrott, TechSpot, ZDNet, Engadget, Windows Central, iPhone Hacks, SlashGear, Neowin, Cult of Mac, The Mac Observer, OnMSFT.com, and TidBITS
Tweets: @slackhq, @felixrieseberg, @relsqui, @johnnyrodgersis, @hayatohuseman, @acemarke, and @sandofsky
| Jeremy Horwitz / VentureBeat: |
Apple debuts watchOS 5.3, fixing Walkie-Talkie vulnerability, and iOS 12.4 with improvements to Apple News+ and a way to wirelessly migrate data to a new iPhone — A little over two months ago, Apple released the first beta versions of iOS 12.4 and watchOS 5.3 — late point releases for its 2018 iPhone …
More:
MacRumors, Macworld, MacRumors, Engadget, and Gotta Be Mobile
| Jay Greene / Washington Post: |
Microsoft settles with the SEC and the DoJ for $26M over potential bribery and corruption related to software sales in Hungary — The deal with the U.S. Justice Department and the SEC resolves claims the software giant violated the Foreign Corrupt Practices Act| Megan Rose Dickey / TechCrunch: |
Uber is testing a $24.99/month subscription pass that includes a fixed discount on rides, free Uber Eats delivery, and free rides on JUMP bikes and scooters — Uber is actively testing a monthly subscription pass that combines rides, Eats, bikes and scooters.| Paul Sawers / VentureBeat: |
Etsy to acquire Reverb, a marketplace for new and used musical instruments, in a cash deal worth ~$275M; Reverb raised nearly $50M from Max Levchin and others — Etsy has announced plans to acquire Reverb, a marketplace for new and used musical instruments, in a cash deal worth approximately $275 million.| Reuters: |
Frenzied trading debut of STAR Market, China's Nasdaq-style board, added $44B in market cap across 25 companies, 16 of which more than doubled their IPO prices — SHANGHAI (Reuters) - Trading on China's new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday …
More:
CNBC, Nikkei Asian Review, The Next Web, Xinhua News Agency, TechCrunch, and South China Morning Post
Tweets: @baldingsworld, @chengevelyn, and @johndetrixhe
| Katie Roof / Wall Street Journal: |
Thumbtack announces it raised $150M in funding led by existing investor Sequoia Capital, valuing the company at $1.7B — Sequoia Capital led a $150 million investment, which values the local services marketplace at $1.7 billion — Thumbtack Inc.'s latest funding round values the business at $1.7 billion … | Catalin Cimpanu / ZDNet: |
Confiant: two Hong Kong-based firms have been responsible for malicious ads with 100M+ impressions in 2019, including many shown via Microsoft's Windows 10 apps — Security firm tracks down malvertiser who deployed malicious ads in Outlook, Microsoft games, and the Microsoft News app.
More:
Wired, Nikkei Asian Review, FinSMEs, Forbes, and blog.confiant.com
Tweets: @uscybermag, @adam_k_levin, @jeromesegura, and @campuscodi
| Derek Thompson / The Atlantic: |
As matchmaking sites surpass friends and family for finding partners, the burden of finding a partner now rests solely on the individual and can be lonesome — My maternal grandparents met through mutual friends at a summer pool party in the suburbs of Detroit shortly after World War II.
More:
9to5Mac. Tweets: @dkthomp, @amandamull, @olgakhazan, @maggienyt, @theatlantic, @mckennapmoore, @tanayj, and @jaredrsutton
| Tom Simonite / Wired: |
US government tests find even top-performing facial recognition systems misidentify black people at rates 5-10 times higher than they do white people — FRENCH COMPANY IDEMIA'S algorithms scan faces by the million. The company's facial recognition software serves police in the US, Australia, and France.| Ingrid Lunden / TechCrunch: |
Tel Aviv-based UVeye, which is building drive-through scanners that use AI for external inspection of vehicles, raises $31M — The race is on for the car of the future, equipped with self-driving capabilities, on-board personalised information and entertainment, and an ever-smaller carbon footprint.| Megha Mandavia / The Economic Times: |
ByteDance to set up a data center in India to store Indian user data locally, says its social app Helo has 50M MAUs and TikTok has 120M MAUs in the country — Several Parliamentarians, including Congress' Shashi Tharoor, BJD's Pinaki Misra and TDP's Jayadev Galla, have accused short-video app TikTok …
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