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December 9, 2020, 3:45 PM
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| Federal Trade Commission: |
FTC, in coalition with 46 state AGs, plus Guam and DC, sues Facebook, alleging Instagram and WhatsApp acquisitions were used to stifle competition — Agency challenges Facebook's multi-year course of unlawful conduct — The Federal Trade Commission today sued Facebook …
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New York Times, CNN, The Verge, CNBC, CNET, Ars Technica, MacRumors, GeekWire, Bloomberg, NBC News, VICE, The Hill, CNET, The Next Web, 9to5Mac, AppleInsider, Engadget, Protocol, Axios, Washington Post, Gizmodo, Axios, Wall Street Journal, Variety, BuzzFeed News, Bloomberg, The Wrap, Business Insider, Politico, SlashGear, New York Times, and USA Today
Tweets: @fbnewsroom, @sarahfrier, @newyorkstateag, @chopraftc, @chopraftc, @alexstamos, @hawleymo, @ceciliakang, @repkenbuck, @walthickey, @mikeisaac, @kantrowitz, @jordannovet, @karlbode, @karlbode, @stroughtonsmith, @chopraftc, @chopraftc, @b_fung, @benedictevans, @shiringhaffary, @alecstapp, @joshsternberg, @alexstamos, @alexstamos, @alexstamos, @markdistef, @ow, @ftc, @ftc, @ftc, @ftc, @sarahfrier, @benedictevans, @caseynewton, @jamestitcomb, @ftc, @benedictevans, @ftc, @ftc, @ftc, @janelytv, @ftc, @xor, @edbott, @ericnewcomer, @ftc, @codinghorror, @karlbode, @tonyromm, @alexeheath, @caseynewton, @alexeheath, @karlbode, @evan_greer, @karlbode, @rachelbovard, @hypervisible, @jhoff10, @jannwolfe, @dannycrichton, @kantrowitz, and @justinhendrix
| NY State Attorney General: |
New York AG Letitia James leads a coalition of 48 AGs in suing Facebook, alleging the company uses a “buy or bury” approach toward its competitors — AG James Leads Bipartisan Coalition of 48 Attorneys General Charging Anticompetitive Conduct — Facebook Thwarted Competition, Reduced Consumer Privacy for Profits
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NPR, Gizmodo, State of Delaware News, DW.COM, New York Post, NC DOJ, azag.gov, and State of California
Tweets: @newyorkstateag, @agbecerra, @newyorkstateag, @kantrowitz, @jowens510, @ncago, @generalbrnovich, @chopraftc, @ilattygeneral, and @agbecerra
| The Verge: |
FTC's antitrust lawsuit against Facebook seeks to unwind Instagram and WhatsApp acquisitions, force Facebook to seek approval for future acquisitions, and more — New York Attorney General Letitia James announced the lawsuit on Wednesday — On Wednesday, New York Attorney General Letitia James announced …
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Associated Press, TechCrunch, Politico, Financial Times, and Agence France-Presse
Tweets: @caseynewton, @tayhatmaker, @film_girl, @jrhuddles, @jrhuddles, @jrhuddles, @jrhuddles, @chopraftc, @film_girl, @film_girl, @film_girl, @film_girl, @ow, @sal19, @martinsfp, @rustybrick, @benedictevans, @sal19, @ldrogen, @joannastern, @ow, @caseynewton, @martinsfp, and @caseynewton
| YouTube Official Blog: |
YouTube says it will remove any content published from today that alleges widespread fraud or errors changed the 2020 US Presidential election outcome — Over the past weeks and months, we've seen people coming to YouTube to learn more about where and how to vote or learning more about a candidate or an issue.
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TechCrunch, Ars Technica, Engadget, Reuters, CNN, USA Today, BuzzFeed News, NBC News, International Business Times, and The Wrap
Tweets: @nathantbernard, @youtubeinsider, @b_fung, @beccalew, @b_fung, @hawleymo, @passantino, @brianklaas, @katestarbird, @benyt, @asfleischman, @tiffkhsu, and @youtubeinsider
| Sara Fischer / Axios: |
Apple says its own apps will include the privacy “nutrition labels” required of third-party developers, after WhatsApp criticizes the company — Facebook's global messaging service WhatsApp is protesting Apple's requirement that app owners submit information about the user data …
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WhatsApp, Gizmodo, The Verge, HotHardware.com News, 9to5Mac, MacRumors, AppleInsider, iDownloadBlog.com, CNBC, TechSpot, iPhone in Canada Blog, Engadget, iPhone Hacks, SlashGear, and International Business Times
Tweets: @stevekovach, @martinsfp, @sarafischer, @joannastern, @tonyromm, @fosspatents, and @martinsfp
| Chance Miller / 9to5Mac: |
Microsoft says its cloud gaming service, as part of Xbox Game Pass Ultimate, will come to iOS via web browser in spring of 2021 — Microsoft has confirmed that Xbox cloud gaming is coming to iOS in 2021. In a new blog post today, the company says that cloud gaming as part of Xbox Game Pass Ultimate …
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Xbox Wire, Android Police, The Verge, Tom's Hardware, Windows Central, BBC, PCWorld, Macworld, Ars Technica, 9to5Google, Digital Trends, Engadget, TechCrunch, and MacRumors
Tweets: @aarongreenberg and @onmsft
| Ina Fried / Axios: |
Internal memo: Sundar Pichai apologizes over the handling of AI ethics researcher Timnit Gebru's departure and says he will investigate — Google CEO Sundar Pichai apologized Wednesday for the company's handling of the departure of AI ethics researcher Timnit Gebru and said he would investigate …
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Wired, The Gradient, CNET, The Verge, Bloomberg, and Business Insider
Tweets: @inafried, @mer__edith, @wired, @bobbyallyn, @kevinroose, @kevinroose, @axios, and @timnitgebru. Thanks:@inafried
| Jessica Bursztynsky / CNBC: |
DoorDash opens at $182, a 75%+ rise over its IPO price — - Shares of DoorDash, a leading food delivery app, started trading on the New York Stock Exchange on Wednesday. — The stock began trading at $182 per share. — The company trades under the symbol “DASH.”
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Fortune, Fortune, TheStreet, CNBC, New York Times, iPhone in Canada Blog, Forbes, Crunchbase News, CNET, PYMNTS.com, Bloomberg, and Quartz
Tweets: @danprimack, @amir, @sherman4949, @chloesorvino, @thestalwart, @ericjackson, @katie_roof, and @lesliepicker
| Bloomberg: |
DoorDash sells 33M shares at $102, raising $3.37B and valuing the company at $38B fully diluted — - Food delivery company reaches more than $65 billion valuation — First-day pop makes company bigger than Lululemon, Ford Motor — Shares of unprofitable food delivery platform DoorDash Inc. surged …
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Wall Street Journal, Financial Times, TechCrunch, Los Angeles Times, The Guardian, New York Post, Financial Times, Axios, Silicon Valley Business …, Business Insider, PYMNTS.com, Washington Post, Crunchbase News, PYMNTS.com, Fortune, New York Post, coinspeaker.com, and CNN
Tweets: @rabois, @alex, @ellenhuet, @dionrabouin, @zachweinberg, @cgrantwsj, @mikeisaac, and @eringriffith
| Ben Lovejoy / 9to5Mac: |
Report: four former Apple employees say the company was aware of Chinese labor law violations by its suppliers but took no action to avoid product delays — Three former members of the Apple Supplier Responsibility team say Apple was complicit in labor law violations in China.
Source:
The Information. More:
Patently Apple, iMore, AppleInsider, Philip Elmer‑DeWitt, and iPhone Hacks
Tweets: @waynema and @benlovejoy
| Kellen Browning / New York Times: |
Twitch unveils new guidelines to crack down on hateful conduct and sexual harassment, following a yearlong review, which take effect in January — The livestreaming site announced new guidelines after contending with claims that its streamers were too easily abused.
More:
Twitch Blog, CNN, Forbes, Engadget, TechCrunch, The Verge, Rock, Paper, Shotgun, Variety, PC Gamer, dexerto.com, GamesIndustry.biz, Fast Company, Kotaku, and Polygon
Tweets: @twitch, @sarahdanielstv, @kerrymflynn, and @kellen_browning
| Sarah Perez / TechCrunch: |
App Annie: consumers will have downloaded 130B apps globally in 2020, up 10% YoY, as spending rose 25% YoY to $112B; 65¢ of every $1 was spent on iOS — Consumers will have downloaded 130 billion apps in 2020 across iOS and Google Play, up 10% year-over-year, according to mobile data …
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App Annie, 9to5Mac, AppleInsider, The Next Web, and VentureBeat
| Sifted: |
Atomico report: European tech startups are on track to receive a record $41B in VC funding in 2020, driven by fintech and SaaS startups — Despite the upheavals and uncertainties, 2020 is on track to be a record year for the amount of capital invested into European tech.| Emil Protalinski / VentureBeat: |
Google says it will compel Chrome extensions to display privacy practices and limit data that developers can collect from January 18, 2021, ahead of Chrome 88 — At Chrome Dev Summit 2020 today, Google announced it will change how extensions access data and how extension permissions work in 2021.
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The Keyword, Android Police, Thurrott, Engadget, XDA Developers, Chromium Blog, Chromium Blog, TechCrunch, 9to5Google, 9to5Google, SiliconANGLE, CNET, 9to5Google, Engadget, Chrome Unboxed, Neowin, Android Central, Chromium Blog, and Android Headlines
Tweets: @googlechrome, @campuscodi, and @campuscodi
| David Jeans / Forbes: |
Wiz, which helps companies identify cybersecurity threats across a cloud network, raises $100M Series A led by Index Ventures at an estimated $500M valuation — In March, as the Covid-19 pandemic was sweeping the globe, Assaf Rappaport was pushing hard to convince major companies …
More:
FinSMEs, Dark Reading, PR Newswire, and SecurityWeek
| Cat Zakrzewski / Washington Post: |
Facebook removes at least nine Pages, including one with 16M+ followers, that spread coordinated health misinformation, after being flagged by a think tank — Facebook just took down prominent pages that were directing their millions of followers to false claims about the coronavirus, the flu vaccine, and other health issues.| Ian Allison / CoinDesk: |
Latin American crypto exchange Bitso raises $62M Series B led by QED Investors and Kaszek Ventures, following a $15M Series A in October 2019 — Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm.
More:
Crowdfund Insider, Cryptonews, TechCrunch, Forbes, Crunchbase News, Business Wire, The Defiant, and The Block
Tweets: @zackseward and @arturo_p_a
| Nicole Lee / Engadget: |
Amazon begins rolling out a new Fire TV UI with user profiles, a simpler design, and more — Back when Amazon announced its latest Fire TV products — namely, the third-generation Fire TV Stick ($40) and the Fire TV Stick Lite ($30) — it also said it was going to roll out a new Fire TV interface this year.| Sophia Kunthara / Crunchbase News: |
WorkRamp, which offers digital workplace training tools, raises $17M Series B led by OMERS Ventures and will focus on European and Indian growth — Enterprise learning platform WorkRamp has raised $17 million in a Series B round led by OMERS Ventures 1. — Subscribe to the Crunchbase Daily
More:
TechCrunch, PRWeb, and OMERS Ventures
| Bloomberg: |
Sources: C3.ai prices its IPO at $42 per share, above the marketed range of $36-$38, to raise $651M, giving the company a market value of ~$4B — C3.ai Inc., the software maker founded by former Oracle Corp. executive Tom Siebel, has priced its initial public offering above the marketed range … | Tim Bradshaw / Financial Times: |
Just Eat says it will offer 1,000+ new UK workers an hourly wage, plus other benefits like sick pay, in a challenge to gig economy rivals Deliveroo and Uber — Meal delivery service will give benefits including sick pay and pension contributions to 1,000 new couriers| Dustin Volz / Wall Street Journal: |
FireEye says some internal systems were hacked by nation state actors, compromising its Red Team tools, used to test the defenses of its thousands of customers — The cybersecurity company said the attack compromised its software tools used to test the defenses of its thousands of customers
More:
FireEye, Wired, Engadget, Reuters, CyberScoop, The Verge, TechSpot, and coinspeaker.com
Tweets: @nicoleperlroth, @dalperovitch, @dalperovitch, @dnvolz, @dnvolz, @bing_chris, @markwarner, and @x0rz
| Eric Newcomer / Newcomer: |
Sources: Altimeter Capital invested $150M-$200M in Cockroach Labs at a $2B valuation and $150M-$200M in workflow automation company Workato at a $1.7B valuation — Cockroach and Workato secretly raised pricey rounds from Altimeter. I explore funky happenings in early stage investing.Sponsor Posts
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