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July 31, 2019, 11:05 PM
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| Alex Wilhelm / Crunchbase News: |
Report: Cloudflare plans to pursue an IPO in September and has filed a confidential S-1 with the SEC; it was valued at ~$3.2B in its $150M March Series E — Morning Markets: Cloudflare is reportedly going public this year, meaning that we have at least two big-name IPOs left in the tank.| Tim Ingham / Music Business Worldwide: |
Spotify reports 108M paying subscribers in Q2, up 31% YoY, revenue of €1.67B, up 31% YoY, and an operating loss of €3M — Spotify closed its second calendar quarter this year with 108m paying subscribers and 232m total Monthly Active Users (MAUs).| Kate Clark / TechCrunch: |
Toronto-based Clearbanc, which offers $10K-$10M investments in e-commerce startups, says it raised $50M led by Highland Capital and announces a new $250M fund — That company disrupting venture capital just raised more venture capital. — Clearbanc has attracted $300 million …
More:
Business Insider, WWD, Fast Company, Axios, Crunchbase News, BetaKit, PYMNTS.com, and Digital Trends
| Ryan Christoffel / MacStories: |
An in-depth look at Apple Maps in iOS 13, the biggest update to the service so far, and how it compares to Google Maps — Apple's path to a home-brewed mapping solution has been long and perilous, but it's almost arrived. — 12 years ago the iPhone launched with Google powering … | Olivia Carville / Bloomberg: |
Court filing: former IBM HR VP Alan Wild says the company has fired 50,000 to 100,000 staff in recent years; ongoing litigation argues older staff were targeted — - Moves were to make IBM appear as ‘cool’ as Google and Amazon — Big Blue is facing several age-discrimination lawsuits| Alex Heath / The Information: |
Sources: Facebook is working on a new TV device that can stream video and make video calls using its Portal tech, and has approached Netflix, Disney, and others — Facebook has approached Netflix, Disney and other media companies about putting their streaming services on a new Facebook device …
More:
The Streamable, Financial Times, Engadget, AppleInsider, Tubefilter, Thurrott, Mashable, Neowin, Variety, SiliconANGLE, The Verge, Reuters, and Notes from Silicon Valley
Tweets: @alexeheath, @mchilberg, and @brandonleblanc
| Wall Street Journal: |
Four major broadcast networks sue Locast, which is funded by AT&T, to try to stop it from freely retransmitting the signals of their local TV stations — CBS, ABC, NBCU and Fox say AT&T-funded Locast is retransmitting their signals without permission and in violation of copyright law
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Ars Technica, Slashdot, Axios, The Verge, Engadget, CNET, Light Reading, The Streamable, and Mashable
| Lauren Feiner / CNBC: |
Fitbit beat analyst estimates with Q2 revenue of $314M, up 5% YoY, but lowered Q3 guidance; stock down 14%+ after hours — KEY POINTS — The Fitbit Ionic has a few apps, with more to come — Shares of Fitbit cratered as much as 21% after hours on Wednesday after the company cut guidance … | Liam Tung / ZDNet: |
Google to let G Suite admins select users for the Advanced Protection Program, designed to prevent cyberattacks against high-profile users, in the coming days — You might never need to change your password again if you're part of the G Suite Advanced Protection Program.
More:
Google Cloud Blog, G Suite Updates Blog, VentureBeat, and Dark Reading
| Richard Waters / Financial Times: |
Filings: Alphabet's cash pile reached $117B, surpassing Apple's as the world's largest for the first time in 10 years, as Apple's declined from $163B to $102B — The corporate world has a new king of cash. The title for the company with the biggest financial reserves, held by Apple for a decade … | Raymond Zhong / New York Times: |
Trump's ongoing trade war with China has been a boon for Vietnam, as some tech companies, like Apple and Nintendo, consider shifting production there — Samsung already assembles half of its handsets in the country, which got a big lift from U.S. tariffs on Chinese goods. Now Apple is homing in.
More:
TechSpot and The Mac Observer
Tweets: @nytimesbusiness, @anaswanson, @scottlincicome, and @zhonggg
| New York Times: |
Cisco to pay $8.6M to settle government claims for selling video surveillance tech with a security flaw, reported in 2008, to government agencies until 2013 — WASHINGTON — Cisco Systems agreed on Wednesday to pay $8.6 million to settle claims that it sold video surveillance technology …
More:
ZDNet, Reuters, CNBC, and Slashdot
Tweets: @ericgeller, @campuscodi, @kimzetter, and @campuscodi
| Frederic Lardinois / TechCrunch: |
Google says its Titan security keys are now available in Canada, France, Japan, and the UK, expanding beyond the US — Google today announced that its Titan Security Key kits are now available in Canada, France, Japan and the UK. Until now, these keys, which come in a kit with a Bluetooth key …
More:
Engadget, 9to5Google, SiliconANGLE, 9to5Google, Google Online Security Blog, and ZDNet
| Laura Hazard Owen / Nieman Lab: |
After 6 months of fact-checking for Facebook, Full Fact published 96 fact-checks, was paid ~$171k, wants Facebook to share more data with fact-checkers — In December 2016, Facebook enlisted a handful of U.S.-based news organizations (ABC News, Snopes, PolitiFact, FactCheck.org, and the AP) …
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Full Fact Blog, MIT Technology Review, Engadget, Press Gazette, The Guardian, New Scientist, RAPPLER, and Reuters
Tweets: @niemanlab and @niemanlab
| Sarah Scoles / The Verge: |
Newly-released documents on Sentient, the NRO's ambitious analysis tool meant to guide spy satellites to areas of interest, raise more questions than answers — Meet the classified artificial brain being developed by US intelligence programs — At the final session of the 2019 Space Symposium …
Tweets: @scolessarah, @alishagrauso, @verge, @scolessarah, and @daniel_bilar
| Shara Tibken / CNET: |
A look at the potential benefits of 5G in a variety of applications and services, including AR/VR, healthcare, emergency response, connected cars, and broadband — Take a five-minute walk behind Qualcomm's main office in San Diego and you'll find an unlikely kind of lab.
More:
VentureBeat
| Stephanie Condon / ZDNet: |
Qualcomm misses with Q3 revenue of $4.9B, down 13% YoY, and licensing revenue of $1.29B, down 10% YoY; stock down 4%+ after hours — Qualcomm says it is well positioned for the 5G ramp to come in early 2020. — Qualcomm published its third quarter financial fiscal 2019 results on Wednesday … | Zack Whittaker / TechCrunch: |
Researcher discovers unsecured Honda database, now secured, containing 134M rows of employee systems data that could help hackers compromise its systems — An exposed database at automotive giant Honda allowed anyone to see which systems on its network were vulnerable to unpatched security flaws …
More:
Rainbowtabl.es, SiliconANGLE, Threatpost, BleepingComputer, and DataBreaches.net. Tweets: @j_opdenakker
| Rebecca Aydin / Business Insider: |
Sex tech startups protest outside Facebook's NYC offices, saying it bars them from running ads, and launch site to show alleged double standard of ad approvals — - The women's wellness companies say Facebook has not allowed them to run ads for their products on Facebook or Instagram.| Chris Welch / The Verge: |
In an apparent bid to sway Trump after he rejected Apple's request for Mac Pro part import exclusions, Tim Cook says Apple plans to make the Mac Pro in the US — But reports indicate new model will at least begin production in China — During this afternoon's call with investors …
More:
CNBC, The Daily Dot, The Hill, and Silicon Republic
| Joe Fitzgerald Rodriguez / The San Francisco Examiner: |
Lyft has made its 1,000 e-bikes in San Francisco “unavailable to riders” following two reports of bikes catching fire — The flames appear to have originated from the battery — The battery of an electric Lyft bicycle appeared to catch fire Wednesday in the Lower Haight.
More:
The Guardian, CNET, The Verge, Business Insider, TechCrunch, Mashable, and NBC Bay Area
| Sean O'Kane / The Verge: |
DJI unveils new goggles for its drones, offering a 720p streaming first-person view, and a new controller, both geared toward racing and available now from $819 — The Chinese giant's first serious move into a growing niche market — DJI is making a fairly bold move into the world of first-person view …
More:
DroneDJ, TechCrunch, CNET, DroneDJ, and Engadget
| Russell Brandom / The Verge: |
Apple joins Google, Facebook, and Twitter in the open-source Data Transfer Project, will develop interoperable systems to bring data in and out of iCloud — Just over a year after its official launch, the Data Transfer Project is announcing a new set of partners and features.Sponsor Posts
Subquadratic:
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Equals:
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Zoho:
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The Zoho Sign app for Microsoft Windows — Zoho Sign is a trusted platform for digital signatures, helping businesses of every size send, sign, and manage documents with speed, security, and legal confidence.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Grit:
The Sales Framework Every Founder Needs | Mark Roberge
Grit explores what it takes to create, build and scale world-class organizations.
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Big Technology Podcast:
OpenAI Finally Ships Its Superapp, Meta's AI Price War, ChatGPT Cheating At Brown
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The Upstarts Podcast:
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Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Hard Fork:
Do Social Media Bans Work? + A Conversation About A.I. Consciousness + Tool Time
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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