| Wall Street Journal: |
Sources: Apple is in advanced talks to buy Intel's smartphone modem chip business in a deal valued at $1B+ covering staff and a portfolio of patents — Apple Inc. AAPL 2.29% is in advanced talks to buy Intel Corp. INTC 2.15% 's smartphone-modem chip business, according to people familiar with the matter … | Russell Brandom / The Verge: |
Flaw in Facebook's Messenger Kids let kids invite a parent-approved user into a group chat even if that user wasn't authorized to chat with others in the group — ‘We recently notified some parents... about a technical error,’ a Facebook representative said| Jason D. Rowley / Crunchbase News: |
Commission-free trading app Robinhood raises $323M Series E led by DST Global at a $7.6B post-money valuation, has raised a total of $862M to date — Unless you were some hotshot finance person in the 1980s, you probably only recently started using your mobile phone to place trades.| Joe Tidy / BBC: |
Profile of Marcin Kleczynski, CEO and co-founder of Malwarebytes, who quietly grew the company in his dorm to a multi-million dollar/year business by graduation — The BBC's weekly The Boss series profiles different business leaders from around the world. This week we speak to Marcin Kleczynski … | Arielle Pardes / Wired: |
Pinterest updates its search, so when users type in an anxiety-related query like “dealing with stress”, a box with mental health resources appears above pins — ON THE INCREASINGLY polarized internet, Pinterest often feels like the good place.| Anthony Ha / TechCrunch: |
Heap, which automates company analytics by collecting and organizing customer behavioral data, raises $55M Series C led by NewView Capital — Since co-founding Heap, CEO Matin Movassate has been saying that he wants to take on the analytics incumbents. Today, he's got more money to fund that challenge … | Reuters: |
Huawei has laid off more than 600 workers from its US-based research arm Futurewei, as a result of being put on a trade blacklist by the US government — SANTA CLARA, Calif./HONG KONG (Reuters) - China's Huawei Technologies laid off more than two-thirds of the 850-strong workforce … | Manish Singh / TechCrunch: |
Mobile bank MoneyLion, which provides both financial advice and access to loans, raises $100M Series C led by Edison Partners and Greenspring Associates — There's a new fintech startup in the U.S. that is inching closer to the unicorn status. New York City-headquartered MoneyLion … | 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 … | 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.| Bloomberg: |
Alibaba opens up its online platform to US merchants for the first time; fruit and vegetable wholesaler Robinson Fresh and Office Depot among the first to join — - U.S. sellers can now target Alibaba.com's 10 million buyers — Alibaba wants to generate 50% of revenue from outside of China| 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 … | Guilherme Rambo / 9to5Mac: |
Sources: Apple to release three “iPhone 11” models this fall, each with an A13 chip, Lightning port, and a new Taptic Engine, as 3D Touch goes away — Similar to last year's introduction of the iPhone XS, iPhone XS Max, and iPhone XR, Apple will release three new ‘iPhone 11’ models this fall.| James B. Cutchin / Los Angeles Times: |
How US companies quietly acceded to Chinese government demands to add ID-tracking and playtime restriction systems to games like Fortnite and World of Warcraft — Last October, software developers at Riot Games in Santa Monica fielded an unusual request. As with other video game makers … | Leigh Cuen / CoinDesk: |
Amid mounting regulatory pressures in the US, Circle says its Poloniex exchange will service non-US customers, ~70% of its users, out of a new Bermuda office — Due to mounting regulatory pressures in the United States, the crypto company Circle is moving the majority of its exchange operations offshore.| Kyle Wiggers / VentureBeat: |
CircleCI, which develops continuous delivery automation software, raises $56M Series D led by Owl Rock and Next Equity, bringing its total raised to $115.5M — San Francisco-based CircleCI, which develops continuous delivery automation software, today revealed that it closed …
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| Megan Rose Dickey / TechCrunch: |
| Natasha Lomas / TechCrunch: |
| Jeremy Horwitz / VentureBeat: |
| Tony Romm / Washington Post: |
| Tom Warren / The Verge: |
| Jay Greene / Washington Post: |