| Sarah Krouse / Wall Street Journal: |
Verizon says it will buy videoconferencing company Blue Jeans Network, source says for less than $500M — Acquisition comes as the coronavirus spurs unprecedented work-from-home arrangements — Verizon Communications Inc. has agreed to buy videoconferencing company Blue Jeans Network Inc. … | Bloomberg: |
Sources: Apple is developing at least two over-ear wireless headphone variants, with swappable magnetic ear cups and headband, to augment its AirPods range — - Over-ear headphones customizable via magnetic attachments — Entering a category led by own Beats brand, Bose and Sony| Sara Fischer / Axios: |
Facebook will notify users who have liked, commented, or reacted to coronavirus misinformation and guide them to WHO resources — Facebook will begin informing people who have engaged with coronavirus misinformation on its main Facebook app, the company announced Thursday.| Bloomberg: |
Sources: Sony plans to limit its initial PlayStation 5 production run in its first year partly because it expects lower demand due to a higher launch price — - Console still on track for year-end launch despite Covid-19 — Biggest impact from virus so far seen on unveiling timeline| New York Times: |
Libra scales back ambitions of launching a global currency and will now focus on creating a traditional payment network with coins tied to local currencies — After months of criticism, the cryptocurrency is moving ahead with significant revisions. — OAKLAND, Calif. … | Dana Mattioli / Wall Street Journal: |
Sources: Amazon is redesigning its website to get customers to put fewer items in their carts while it contends with an immense surge in order volumes — Retailer cancels Mother's Day promotions, uses other tools to limit strain of order surge — Amazon.com Inc. is retooling its website … | Dan Primack / Axios: |
Stripe raises $600M in an extension of its $250M Series G that closed last fall, says it is now valued at nearly $36B — Digital payments platform Stripe has raised $600 million in new funding and is now valued at nearly $36 billion, co-founder and president John Collison tells Axios.| Mark Bergen / Bloomberg: |
In an internal email, Sundar Pichai tells Alphabet employees that the company will slow the pace of hiring for the rest of 2020 as it re-evaluates investments — - Company is ‘recalibrating’ spending on data centers, servers — Covid-19 crisis is affecting richest Silicon Valley businesses| Jacob Kastrenakes / The Verge: |
TikTok lets parents set restrictions on their kids' accounts like limiting screen time, disabling DMs, and restricting content, and disables DMs for under-16s — They can set screen time limits, disable DMs, and restrict content — TikTok is amping up its parental controls today … | Steve Dent / Engadget: |
GoPro says it's laying off 200 employees, or ~20% of its staff, and aims to reduce expenses by ~$100M by switching mostly to a direct-to-consumer model — GoPro has announced that it will lay off 200 employees or around 20 percent of its workforce due to the coronavirus pandemic.| Matt Day / Bloomberg: |
In his annual letter to shareholders, Jeff Bezos outlined the steps Amazon is taking to curb the coronavirus, including regular testing for all staff globally — Amazon.com Inc. Chief Executive Officer Jeff Bezos said the online retail giant is developing Covid-19 testing capabilities … | Natalia Drozdiak / Bloomberg: |
EU issues guidelines to make COVID-19 contact tracing apps interoperable and says it will scrutinize Google and Apple's proposed APIs to ensure compatibility — - Bloc set common approach on tracking apps to exit lockdowns — Apple, Google announced new contact-tracing tech last week| Dieter Bohn / The Verge: |
Apple announces a new iPhone SE with a 4.7" display, A13, Touch ID, 12MP camera with portrait mode, 64GB, 128GB, or 256GB storage from $399, shipping April 24 — It looks like an iPhone 8, but it has more modern specs — Apple has officially announced the new iPhone SE … | Dean Takahashi / VentureBeat: |
Samsung to use Xilinx's Versal ACAP chips, which optimize beamforming tech, for its 5G commercial deployments, with first Versal ACAP devices available in Q4 — Samsung Electronics and programmable chip maker Xilinx have teamed up to make chips that can serve as the key processing technology … | Charlotte Tucker / EU-Startups: |
Swiss startup Crypto Finance AG, which provides blockchain-related asset management, brokerage, and storage services, raises €13.3M Series B — Swiss startup Crypto Finance AG, a blockchain-centered fintech, has successfully completed a Series B investment round, raising around €13.3 million.| Bloomberg: |
US DOD inspector general finds the Pentagon's controversial decision to award $10B JEDI contract to Microsoft was “consistent” with acquisition standards — - Inquiry didn't find evidence that Trump swayed the decision — Inspector general added that White House limited cooperation| Jacqueline Feldscher / Politico: |
| Ingrid Lunden / TechCrunch: |
Gousto, a London-based meal-kit service which uses AI for personalized recommendations of what to cook and eat, raises $41M led by investment firm Perwyn — Food delivery — be it ready-made restaurant meals, groceries, or anything in between — has seen a huge surge of activity … | Ron Miller / TechCrunch: |
VAST Data, maker of high-capacity flash storage for enterprises, raises $100M Series C led by Siemens at a $1.2B valuation, bringing its total raised to $180M — VAST Data, a startup that has come up with a cost-effective way to deliver flash storage, announced a $100 million Series C investment today … | Alex Wilhelm / TechCrunch: |
Lucid Software, which develops data visualization and marketing software, raises $52M Series D led by ICONIQ, says it has crossed the $100M ARR mark — Continuing our coverage of Utah-based startups, this morning we have our second big round of the year from the state.| Jon Porter / The Verge: |
Google says it is launching a new Kids section on Google Play, featuring “Teacher Approved” apps, rolling out in the US in the coming days — ‘Everything here is teacher approved’ — Google is launching a new Kids section for the Google Play Store, which will offer a selection of so-called “Teacher Approved” apps.| Foreign Policy: |
UN backs down on Tencent partnership for 75th anniversary after complaints from US officials and human rights groups that the company aids Chinese surveillance — The decision comes after U.S. officials and human rights advocates complained that Tencent aids Beijing in surveillance.| Manish Singh / TechCrunch: |
India says e-commerce companies can resume accepting customers orders for non-essential items, including smartphones and laptops, starting April 20 — Flipkart, Amazon, Snapdeal and other online shopping firms will resume selling “non-essential” items to customers in India starting April 20 … | Katie Roof / Bloomberg: |
Sources: Robinhood is raising $250M led by Sequoia Capital at a pre-money valuation of about $8B — Robinhood Markets Inc., the online brokerage that's suffered repeated outages during recent market turmoil, is close to raising new funding at valuation of about $8 billion, according to people familiar with the matter.
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