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August 16, 2019, 8:35 AM
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| Jeff John Roberts / Fortune: |
Coinbase has acquired the custody business of Xapo, a service best known for storing bitcoins in a vault under a Swiss mountain; source says for $55M — Cryptocurrency firm Coinbase has acquired the custody business of Xapo, a service best known for storing Bitcoins in a vault under a Swiss mountain.
More:
The Coinbase Blog, CryptoSlate, Bitcoinist.com, ALTCOIN MAGAZINE, CryptoGlobe, CoinDesk, The Block, and Cointelegraph
Tweets: @coinbasecustody, @jeffjohnroberts, and @alex
| Juli Clover / MacRumors: |
Apple sues mobile device virtualization company Corellium, accusing it of copyright infringement for illegally replicating iOS, along with iPhone and iPad apps — Apple today filed a lawsuit against Corellium, a mobile device virtualization company that supports iOS.
More:
Bloomberg, TechCrunch, ZDNet, AppleInsider, Business Insider, Forbes, United States District …, Cult of Mac, MACお宝 …, Patently Apple, Firstpost Tech, MacDailyNews, The Loop, 9to5Mac, and Slashdot
Tweets: @lorenzofb, @macrumors, @dcuthbert, @msuiche, @ibsparkes, @josephfcox, @kifleswing, @juanandres_gs, @nepetadev, @ryanaraine, @stroughtonsmith, and @i0n1c
| Elizabeth Lopatto / The Verge: |
A close reading of the S-1 of the soap opera that is The We Company, a “tech company” whose mission “is to elevate the world's consciousness” — On August 14th, The We Company (the company formerly known as WeWork) filed its mandatory S-1 paperwork to go public, and it's worth reading in full.
More:
Vox, Bloomberg, Medium, Observer, Wired, Crunchbase News, Bloomberg, Fortune, Vox, PYMNTS.com, The Overspill, and VICE
Tweets: @seldo, @seldo, @davidgerard, @rsms, @bogdana, @eugenewei, @americanwombat, @dhh, @aarrogan, @kameronhurley, @charlesarthur, @nxthompson, @carnage4life, @karnythia, @tomfgoodwin, @betterthemask, @jcoviedo6, @tariqkrim, @adamsinger, @eveb, @alex, @backlon, and @mathewi
| Biswarup Gooptu / The Economic Times: |
India-based Twitter-like platform ShareChat, which supports multiple regional languages, raises $100M round led by Twitter, sources say at $600M-$650M valuation — Regional language social networking platform ShareChat has completed a $100 million (about Rs 718 crore) equity financing round led … | Hilary Milnes / Digiday: |
Sources and a leaked pitch deck indicate that Amazon may have offered vendors the ability to bid for an Amazon Choice badge in 2017 — Amazon has previously offered vendors the ability to “bid” for an Amazon's Choice badge by lowering prices and spending more money on advertising …
Tweets: @petersontee, @benedictevans, @digiday, @dtunkelang, and @hilarymilnes
| Jeremy Horwitz / VentureBeat: |
Canalys: North American wearables market hit $2B in Q2, as market leader Apple grew 32% YoY with 2.9M units shipped, Fitbit grew 18%, and Samsung grew 121% — In North America, the market for wearables — particularly wearable bands — is still continuing to grow, and Apple's popular Apple …
More:
Canalys, TechSpot, Firstpost Tech, Wareable, Neowin, Android Authority, iMore, TechCrunch, and Android Police
| Charlie Savage / New York Times: |
In a letter to Congress, the Trump administration asks lawmakers to reauthorize a law that lets the NSA gain access to logs of phone and text records — The White House is seeking reauthorization of a law that lets the N.S.A. gain access to logs of Americans' phone and text records …
More:
Federal Computer Week and Boing Boing
Tweets: @charlie_savage, @justinamash, @jameeljaffer, @nytimes, @vincewarren, and @bradmossesq
| David Frankel / Founder Collective: |
Overview of startup exits outside Silicon Valley from the past ten years, not including Asian companies: Sweden edges out UK, Boston remains big, more — There's never been a better time to build a company outside the Bay Area — The Bay Area has been the best place to build a startup for the last two decades.
Tweets: @stevecase
| Jonathan Shieber / TechCrunch: |
Cloudflare files for an IPO, citing sites like 8chan as one risk factor, says it had revenues of $192.7M in 2018, up 43% YoY, and a net loss of $87.2M — The company (which made its debut on TechCrunch's Battlefield stage) has put a placeholder value of the offering at $100 million …
More:
ZDNet, CNBC, TechCrunch, Coinspeaker, Bloomberg, TheStreet, Business Insider, The Verge, and Crunchbase News
Tweets: @metacurity and @jordannovet
| Chance Miller / 9to5Mac: |
Apple says its US job footprint reached 2.4M and it is on track to hit its goal of directly contributing $350B to the US economy by 2023 — Apple today has shared an update on its job footprint and growth in the United States. It touts that its US job footprint is 2.4 million people in the US.
More:
Apple, Apple Must, PYMNTS.com, AppleInsider, Cult of Mac, MacRumors, iDownloadBlog.com, Appleosophy, and iMore
Tweets: @stevekovach and @jowens510
| Aric Toler / bellingcat: |
A deep dive into Amazon FC Ambassadors program finds 53 Ambassador accounts in seven countries, some of which are using fake identities and recycling accounts — On August 14, a Twitter thread that included a small army of “Amazon FC Ambassadors” went viral, bringing to light Amazon's year-long social media brand ambassador program.
More:
New York Times, Business Insider, The Verge, Adweek, Engadget, and BuzzFeed News
Tweets: @bellingcat, @bellingcat, @rasmus_kleis, @went1955, @bellingcat, @zackwhittaker, and @lostfutures
| Ian King / Bloomberg: |
Nvidia beats Q2 expectations with revenues of $2.58B, down 17% YoY, gaming chip sales of $1.3B, up 24% from Q1, and data center revenues of $655M, up 3% QoQ — - Chipmaker says all markets grew sequentially in quarter — Stock rallies on optimism for end to inventory slump| Yogita Khatri / The Block: |
Ripple's investment subsidiary Xpring grants 1B XRP, around $262M, to Coil, a micropayments platform for content creators, to drive adoption of the token — Ripple's investment subsidiary Xpring has granted 1 billion XRP to Coil, a micropayments platform for content creators …
More:
PR Newswire, PYMNTS.com, Coinspeaker, Modern Consensus, Messari Crypto, and Cointelegraph. Tweets: @mdudas
| Shirin Ghaffary / Vox: |
Study: leading AI models to detect hate speech are 1.5x more likely to flag tweets by African Americans as offensive or hateful, partly due to social context — A new study shows that leading AI models are 1.5 times more likely to flag tweets written by African Americans as “offensive” compared to other tweets.
More:
Inquirer. Tweets: @walldo, @moneymadu, @rusulalrubail, @skepticalsports, @angebassa, @shiringhaffary, @wideasleepnima, and @fakerapper
| Karl Bode / VICE: |
Google says data from its new “Password Checkup” Chrome extension shows that 1.5% of all website logins use credentials that have been compromised — New ‘Password Checkup’ Chrome extension found 1.5 percent of all website logins use compromised credentials, a figure that's higher for porn websites.
More:
Google Online Security Blog, The Next Web, bit-tech.net, The Overspill, BleepingComputer, and MacDailyNews
Tweets: @karlbode, @campuscodi, @brooklyndan, @deciphersec, and @ericgeller
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WebBrain:
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The Upstarts Podcast:
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