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August 26, 2020, 12:00 PM
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| Ari Levy / CNBC: |
In a letter from Palantir's S-1, CEO Alex Karp says Silicon Valley's “engineering elite” don't know “how society should be organized or what justice requires” — KEY POINTS — In Palantir's filing to go public on Tuesday, CEO Alex Karp said Silicon Valley engineers …
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TechCrunch, CNN, The Information, Fortune, Mercury News, Protocol, Business Insider, and Fox Business
Tweets: @hkanji, @austin_rief, @carnage4life, @quinnypig, @stevekovach, @cnbc, @sam_l_shead, @emmalbriant, @m__verbruggen, @contextify1, @swolfand, @shiraovide, and @levynews
| Jordan Novet / CNBC: |
Palantir files S-1 for its public market listing, confirming a net loss of $580M in 2019 on $742.6M in revenue; intends to debut with a direct listing — - The data analytics company co-founded by Peter Thiel is going public after 16 years. — Data analytics company Palantir Technologies … | New York Times: |
How Microsoft's talks with TikTok ballooned from a small investment into a big, messy, closely watched political soap opera after Trump's intervention — Neither side wanted a big deal. But what began as talks about a small investment ballooned with interventions from President Trump.
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Thurrott, Android Headlines, CNBC, OnMSFT.com, The Verge, South China Morning Post, and The Streamable
Tweets: @mikeisaac, @dsilverman, @scottnover, @joshsternberg, and @m_delamerced
| Mark Gurman / Bloomberg: |
Sources: Apple plans to add AR content to Apple TV+ next year, as a form of bonus content akin to director commentaries, ahead of an AR headset in 2022 — - Company plans to add AR-based bonus content to original video — Apple seeks to make AR more mainstream ahead of headset launch| Kate Cox / Ars Technica: |
Unsealed court docs: Google engineers admitted knowing and discussing that the company's location privacy app settings were confusing and could be misleading — Users could make change, but it was “difficult enough that people won't,” one employee wrote. — Newly unsealed and partially …
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Arizona Mirror, Android Authority, and CNET
Tweets: @dinasrinivasan, @jason_kint, @airavn, @kashhill, @alfredwkng, @byrnehobart, @alfredwkng, @kfury, @jenn_elias, @blackamazon, @alfredwkng, and @chafkin
| Kyle Wiggers / VentureBeat: |
White House announces $1B+ investment to create 12 research institutes focused on AI and quantum computing — The White House today detailed the establishment of 12 new research institutes focused on AI and quantum information science. Agencies including the National Science Foundation …
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CNET, Wall Street Journal, The Verge, HPCwire, FedScoop, TechCrunch, The Hill, Axios, and Protocol. Tweets: @stshank
| Zach Baron / GQ: |
Profile of VR pioneer Jaron Lanier, his early warnings about the dangers of social media, why Facebook is bad, and why BLM activism felt constructive — Tech oracle Jaron Lanier warned us all about the evils of social media. Too few of us listened. Now, in the most chaotic of moments …
Tweets: @andygreenwald, @teh_aimee, and @zachbaron
| Tracy Withers / Bloomberg: |
New Zealand's stock exchange halted trading for more than three hours on Wednesday after experiencing its second cyber attack in two days, likely DDoS — New Zealand's stock exchange was halted for more than three hours on Wednesday as it came under cyber attack for a second day.
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Reuters, The Guardian, NZX, BBC, infosecurity-magazine.com, and Fortune
| Sarah Perez / TechCrunch: |
Facebook updates Messenger Rooms, its group video calling tool, with a simplified UI for creating and discovering rooms, new customization options, and more — Messenger Rooms, Facebook's social Zoom competitor, is today rolling out new features aimed at making Rooms easier to both create …
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Messenger News, Android Police, CNET, Cult of Mac, Neowin, Mashable, Adweek, and Engadget
| Richard Lai / Engadget: |
Hands-on with the ~$950 ASUS ZenFone 7 Pro, which has a flippable camera, Snapdragon 865 Plus, 6.67" 90Hz AMOLED display, and a 5,000mAh battery — ASUS has been taking a cautious approach to its new phones, at a time when rivals continue to churn out a mix of flagship and midrange devices.
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The Verge, CNET, 9to5Google, Micky, SlashGear, Android Beat, Gizchina, TechRadar, Wccftech, Tom's Guide, GSMArena.com, XDA Developers, Pocket-lint, Android Authority, TechPP, Digital Trends, Pricebaba.com Daily, Android Headlines, Android Central, Pocketnow, Neowin, Notebookcheck.net, AnandTech, and PhoneArena
Tweets: @richardlai and @mkbhd
| Steve O'Hear / TechCrunch: |
Grid, a SaaS startup that lets users turn spreadsheets into visual “narratives”, raises $12M Series A led by New Enterprise Associates — Grid, a SaaS startup founded in Iceland that lets you turn spreadsheets into visual “narratives,” has closed $12 million in Series A funding.
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SiliconANGLE and EU-Startups
| TechCrunch: |
An overview of 94 companies that launched at Y Combinator's Summer 2020 Demo Day 2; the Summer 2020 batch of companies was YC's first fully remote startup batch — And we're back! Today was part two of Y Combinator's absolutely massive Demo Day(s) event for its Summer 2020 class.
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TechCrunch, TechCrunch, and The Economic Times
| Reuters: |
Sources: Alibaba pauses investments in Indian companies for at least six months, but has no plans to lower stakes or exit investments, amid India-China tensions — NEW DELHI/HONG KONG (Reuters) - China's Alibaba Group has put on hold plans to invest in Indian companies … | Frank Chaparro / The Block: |
Crypto derivatives exchange FTX has acquired crypto price tracking app Blockfolio for $150M, in the form of equity, FTX's native token, and cash — Crypto derivatives exchange FTX has acquired popular crypto price tracking app Blockfolio for $150 million in one of the largest acquisition deals in the digital asset space this year.
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CoinDesk, Cointelegraph, Decrypt, TechCrunch, BitcoinExchangeGuide, Coinspeaker, Finextra, and Crypto Briefing
| Issie Lapowsky / Protocol: |
As content moderators started working from home, YouTube's reliance on automation resulted in double the video removals; Facebook saw removals steeply decline — When YouTube sent content moderators home in March due to the COVID-19 pandemic, it dramatically expanded its use of automated filters …
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YouTube Official Blog, Washington Post, The Next Web, Neowin, Tubefilter, Reclaim The Net, CNN, Mashable, Social Media Today, Yahoo News, Input, Digital Trends, BBC, CNET, and International Business Times
| Abner Li / 9to5Google: |
Google rolls out Chrome 85 with 10% faster page load times, collapsible tab groups, a PDF editor, and more — Following version 84's release on Android, Mac, Windows, Linux, and Chrome OS, the next release of Google's browser is rolling out today. Chrome 85 sees faster page loads …
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Digiday, Chromium Blog, The Keyword, International Business Times, TechCrunch, WinBuzzer, TechRepublic, Memeburn, TechRadar, and Engadget
Tweets: @chrismessina and @glenngabe
| Katie Abel / Footwear News: |
Tony Hsieh is stepping down as Zappos CEO after 21 years at the helm; COO Kedar Deshpande will succeed him at the Amazon-owned company — Zappos CEO Tony Hsieh is stepping down after 21 years at the helm. — Kedar Deshpande, COO at the company, has assumed the role of CEO, according to an internal email obtained by FN.
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Inc.com, Entrepreneur, Omaha World-Herald, Footwear News, and KDWN
Tweets: @bgurley, @permanentcap, @myles_younger, @ryanmcraver, @ryangillshares, and @dylanbathurst
| Aditya Kalra / Reuters: |
A group of 2,000+ online sellers has filed an antitrust case against Amazon in India, alleging the company engages in unfair business practices — NEW DELHI (Reuters) - A group of more than 2,000 online sellers has filed an antitrust case against Amazon (AMZN.O) in India … | Christine Hall / Crunchbase News: |
Finix, a SaaS startup selling payments tools to businesses, adds $30M led by Lightspeed and AMEX to its $45 Series B from earlier this year — Finix continues to have a good year. Six months after announcing an initial $45 million Series B, the payments infrastructure company is coming …
More:
TechCrunch, Axios, San Francisco Business Journal, FinLedger, and Business Insider
| Olaf Storbeck / Financial Times: |
Interviews and documents reveal Wirecard's desperate effort to cover up fraud, hoodwink its auditors, and a plan to take over Deutsche Bank in its final months — Executives at the German payments group hatched a plan to buy Deutsche Bank while desperately trying to cover their tracks
Tweets: @lionelbarber, @aallan, @sub8u, @speraltalisboa, @ms_zamandlovu, @marc_moore137, @economicmanblog, @johnreedwrites, @chassnews, and @tek_fin
| Kyle Wiggers / VentureBeat: |
Synthego, which is developing a ML-based approach to engineering genomes, raises $100M Series D led by Wellington Management, bringing total raised to $250M+ — Synthego, a startup developing a machine learning-based approach to engineering genomes, today closed a $100 million funding round.| Lucas Matney / TechCrunch: |
Facebook says it will unify its AR/VR teams into a group called Facebook Reality Labs, renames Oculus Connect event to Facebook Connect, to be held on Sept. 16 — Facebook is moving further away from the Oculus brand. — The company says it is changing the name of their augmented reality …
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Facebook Technology, Wccftech, Android Headlines, International Business Times, Game Rant, MSPoweruser, Engadget, TechRadar, UploadVR, Escapist Magazine, Shacknews, PC Gamer, TweakTown News, SlashGear, and Gamasutra
Facebook: Mark Zuckerberg and Boz
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