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July 23, 2019, 5:55 PM
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| Tony Romm / Washington Post: |
Sources: FTC will allege that Facebook misled users on how it used phone numbers and poorly informed them about facial recognition; FB won't have to admit guilt — The Federal Trade Commission plans to allege that Facebook misled users' about its handling of their phone numbers as part …
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Engadget, Business Insider, Bloomberg, Adweek, Reuters, TechSpot, and Vanity Fair
Tweets: @tonyromm, @hshaban, @profcarroll, @bendwalsh, @mattzeitlin, @hawleymo, @ashk4n, @kashhill, @tonyromm, @zeynep, @matthewstoller, @jeffjohnroberts, and @tonyromm
| Tripp Mickle / Wall Street Journal: |
Analysis: Apple's own apps rank first in 60%+ of App Store test searches; Podcasts, which had a 1.7-star rating before its reviews were removed, ranks #1 in US — Searches for ‘music,’ ‘audiobooks’ and other categories rank company apps first, a process some developers find unfair … | Brent Kendall / Wall Street Journal: |
DOJ is opening an antitrust review of whether tech giants are unlawfully stifling competition, examining search, social media, and retail services platforms — Inquiry signals Barr's deep interest in tech sector, poses threat to companies such as Facebook, Google, Amazon, Apple
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U.S. Department of Justice, The Verge, GeekWire, 9to5Mac, CNN, Business Insider, Gizmodo, NBC News, Axios, CNET, Reuters, CNBC, and PYMNTS.com
Tweets: @cnbcnow, @cnbcnow, @jathonwsj, @stillgray, and @paulwsj
| 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.
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MacRumors, VentureBeat, Thurrott, AppleInsider, TechSpot, CNET, MSPoweruser, SlashGear, Neowin, The Verge, iDownloadBlog.com, Tom's Guide, KnowTechie, iPhone Hacks, MacDailyNews, Business Insider, Engadget, Cult of Mac, Fast Company, iPhone in Canada Blog, and Boing Boing
Tweets: @mgsiegler, @_inside, @dcseifert, @sushubh, @llsethj, @stroughtonsmith, and @markgurman
| Salvador Rodriguez / CNBC: |
Snap reports Q2 revenue of $388M, up 48% YoY, vs. $359.7M est., DAUs of 203M, up 8% YoY, and that its net loss shrunk from $353M to $255M YoY; stock jumps 10%+ — KEY POINTS — Snap, the maker of Snapchat, posted a loss of 6 cents per share, vs. an expected loss of 10 cents per share.
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Engadget, Business Wire, CNET, TechCrunch, The Verge, Axios, Business Insider, and Variety
Tweets: @qwongsj, @turnernovak, @daveleebbc, @lexnfx, @dlberes, @cnbc, @lanceulanoff, @jboorstin, @lanceulanoff, @kurtwagner8, @somospostpc, @kurtwagner8, @lexnfx, @sarahfrier, @alex, and @alexeheath
| David Canellis / The Next Web: |
Federal judge refuses to dismiss $224M lawsuit against AT&T for allegedly letting a customer be SIM-swapped twice, leading to the loss of $24M in cryptocurrency — THIS INVESTOR LOST $24M IN CRYPTOCURRENCY AFTER HE WAS SIM-SWAPPED, TWICE — A US federal judge has rejected AT&T's request …
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Ars Technica, GlobeNewswire News Room, CCN Markets, and The Block
Tweets: @whatthebit, @db, and @davezatz
| 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 … | Jessica Dolcourt / CNET: |
Profile of Craigslist founder Craig Newmark, who has donated $100M+ to charities and who champions “vigorous, trustworthy journalism” and women in tech — Craig Newmark is a man of quiet contradiction. Wrapped in a sweater the color of hot chocolate, the 66-year-old founder …
Tweets: @richardjnieva, @blkbaer, @georgiadreid1, @cnet, @jdolcourt, and @jasonhiner. Thanks:@jasonhiner
| Manish Singh / TechCrunch: |
Zeta, which runs a full stack “neo-banking” platform, says its valuation is $300M after its maiden fundraising round; source says raise was under $60M — Startups looking to expand the reach of financial services continue to receive a nod from investors.
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Tech.eu, PE Hub Blog, Entrackr, Zeta, and Crowdfund Insider
| Dustin Volz / Wall Street Journal: |
NSA will create a cybersecurity directorate led by Anne Neuberger starting October 1, to help align offensive and defensive operations more closely — Anne Neuberger, tapped as head, warns against ‘not engaging in the fight’ — The National Security Agency will create a cybersecurity directorate later …
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ZDNet, CNET, CNBC, SiliconANGLE, and CyberScoop
Tweets: @ericgeller, @dnvolz, @wsj, and @chrisrohlf
| Zack Whittaker / TechCrunch: |
Researchers gained access to internal corporate networks of Uber and Twitter after finding flaws in VPN apps of Palo Alto Networks, Fortinet, and Pulse Secure — Researchers have found several security flaws in popular corporate VPNs which they say can be used to silently break into company networks and steal business secrets.| Facebook AI: |
Facebook details Map With AI, a set of tools that maps previously unmapped places, many in the developing world, using commercially available satellite imagery — Creating accurate maps today is a painstaking, time-consuming manual process, even with access to satellite imagery and mapping software.
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Facebook Technology, Adweek, VentureBeat, Engadget, and ZDNet
Tweets: @brunosan and @leokelion
| Paul Sawers / VentureBeat: |
Fetch Robotics, which builds autonomous industrial robots powered by cloud-based software, raises $46M Series C led by Fort Ross Ventures — Silicon Valley industrial robotics startup Fetch Robotics has raised $46 million in a series C round of funding led by Fort Ross Ventures … | 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 …
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CNET, TechSpot, BBC, Wall Street Journal, Engadget, TechCrunch, and Financial Times
| Charlie Osborne / ZDNet: |
CERT-Bund discovers a serious vulnerability in VLC for Windows, Unix, and Linux that allows for remote code execution and hasn't been patched yet — The bug is present in VLC's latest release. — A serious vulnerability has been uncovered in the latest release of the VLC media player and no patch is available.
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Gizmodo, WeLiveSecurity, The Register, Threatpost, and Security Affairs
Tweets: @gregghoush and @eset
| Catalin Cimpanu / ZDNet: |
Google bans root certificates owned by DarkMatter from Chrome and Android; Mozilla declined to include DarkMatter certificates in Firefox earlier this month — Mozilla previously banned DarkMatter certificates from Firefox at the start of the month. — A Google representative announced today plans …
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VICE
| Newley Purnell / Wall Street Journal: |
Millions of first-time internet consumers are getting online with ~$25 “smart feature phones”, popularized by Indian telecom Reliance Jio and powered by KaiOS — First-time internet consumers are connecting to the web on a new breed of device costing about $25
Tweets: @ericbellmanwsj
| 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 …
More:
PR Newswire, PE Hub Blog, and FinSMEs
| Diana Olick / CNBC: |
Amazon partners with Realogy to offer TurnKey, which connects homebuyers with Realogy agents; with each purchase, customers get $5K in free Amazon home services — KEY POINTS — Realogy and Amazon will now offer TurnKey, a program that takes potential homebuyers through the Amazon portal and connects them to a Realogy agent.
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New York Times, Forbes, Wall Street Journal, and GeekWire
| Anthony Ha / TechCrunch: |
Mixhalo raises $10.7M Series A led by Foundry Group to bring better sound quality to live events through smartphone users' earbuds — Mixhalo — the startup co-founded by Incubus guitarist Mike Einziger and his wife, violinist Ann Marie Simpson-Einziger — has raised $10.7 million in Series A funding.
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Digital Music News and hypebot
| Bloomberg: |
Sources: Huawei's first-half YoY revenue growth was 30%, a slowdown from 39% in just Q1 but still impressive given US technology export restrictions — - It's said to have grown revenue roughly 30% in the first half — Huawei still on war footing despite averting immediate crisis
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Los Angeles Times, New York Times, and CNBC
| 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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FinSMEs, PE Hub Blog, SiliconANGLE, and TechCrunch
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