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February 24, 2021, 4:20 PM
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| Nick Clegg / About Facebook: |
Facebook defends its stance in Australia, says it invested $600M since 2018 to support the news industry and plans at least $1B more over the next three years — Last week, in a move that will have felt abrupt and dramatic to many, Facebook announced it was stopping the sharing of news on its service in Australia.
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The Guardian, Financial Times, Financial Times, The Verge, Wall Street Journal, Gizmodo, Social Media Today, Variety, CNET, MUO, New York Post, CNBC, The Hill, Deadline, The Guardian, CNBC, iMore, ABC, Platformer, Micky, Tech News, and Daily Maverick
Facebook: Paul Fletcher and Josh Frydenberg
| Joshua Benton / Nieman Lab: |
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The Hill, Politico, PCMag, and Android Central
Tweets: @ruskin147, @pressgazette, @jeffjarvis, @damiancollins, @jeffjarvis, @pkafka, @digiphile, @jrhennessy, @oz_f, @lindamottram, @oz_f, @davidclinchnews, @boutotcom, @markgottlieb, @rasmus_kleis, @davidclinchnews, @corinne_podger, @jeffjarvis, @matthewstoller, @matthewstoller, @mikeisaac, @profcarroll, @meadea, @iboy, @joshgnosis, @fboversight, @fboversight, and @likebutterfield
| Scott Chipolina / Decrypt: |
Business intelligence firm MicroStrategy buys 19,452 Bitcoin, worth $1.0261B, and now holds ~90K Bitcoin, worth ~$4.5B at current prices — Business intelligence firm MicroStrategy has purchased 19,452 Bitcoin, worth $1.026 billion, at an average price of $52,765.| Taylor Lyles / The Verge: |
HP says it is acquiring gaming peripheral company HyperX for $425M, giving the company a major foothold in the gaming accessory market — The acquisition means HP owns the HyperX brand — HP has announced that it is acquiring gaming peripheral company HyperX for $425 million.
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HP Inc., Gizmodo, BetaNews, ZDNet, Forbes, PCWorld, MUO, PC Gamer, PCMag, SlashGear, 9to5Toys, GameSpot, Neowin, Tom's Hardware, XDA Developers, AnandTech, CNET, Pocketnow, Laptop Mag, TechRadar, Engadget, KnowTechie, GamesIndustry.biz, Polygon, MSPoweruser, and Dot Esports
Tweets: @emanuelmaiberg, @whatthebit, @amandafarough, @starfire2258, @trihex, and @kylebrussell
| ProPublica: |
Emails show how Facebook responds to requests by authoritarian governments to censor content, as happened in Turkey during its military offensive against Kurds — Amid a 2018 Turkish military campaign, Facebook ultimately sided with Turkey's demand to block the page of a mostly Kurdish militia.
More:
Engadget and New York Post
Tweets: @propublica, @jackgillum, @_____mjb, @cyberrights, @dicktofel, @posmarketer, @mattdrange, @jason_kint, and @puiwingtam
| Todd Spangler / Variety: |
YouTube to roll out a “supervised” account option in beta in the coming months in more than 80 countries, aimed at kids that are too old for YouTube Kids — YouTube is launching a PG version of the internet's biggest video service. — A new “supervised” YouTube account option …
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YouTube Official Blog, Bloomberg, Agence France-Presse, Gizmodo, AppleInsider, Android Central, 9to5Google, Deadline, and CNET
Tweets: @youtube, @youtubecreators, and @xpangler
| Yimou Lee / Reuters: |
Taiwanese chipmakers are buying water by the truckload for some of their foundries in drought-hit areas as the island widens restrictions on water supply — TAIPEI (Reuters) - Taiwan chipmakers are buying water by the truckload for some of their foundries as the island widens restrictions …
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MarketWatch, The Register, Tom's Hardware, Nikkei Asia, AppleInsider, PCMag, and Silicon Republic
| Sean Hollister / The Verge: |
California's 2018 net neutrality law, SB 822, can go into effect after a California judge declined to grant the telecom industry a preliminary injunction — It survived challenges from Trump's DOJ, and now one from telecom industry too — Net neutrality died a horrible death in 2017 …
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Washington Post, Hollywood Reporter, Ars Technica, CNN, New York Times, Digital Music News, Techdirt, International Business Times, Light Reading, VICE, CNET, Android Central, Gizmodo, and Engadget
Tweets: @jrosenworcel, @scott_wiener, @eriqgardner, @scott_wiener, @eriqgardner, @jollyroger, @cademetz, @senmarkey, @geoffreystarks, and @tonyromm
| Jon Porter / The Verge: |
Amazon says its Luna cloud gaming service is available to try for free in the US on select Fire TV devices, after launching as invite-only last year — And anyone in the US can also buy a Luna Controller — Amazon's cloud-gaming service, Luna, is now available to try for free in the US …
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Amazon Luna, PCMag, 9to5Google, Android Headlines, TalkAndroid.com, TechRadar, Engadget, KnowTechie, MUO, and Android Central
| Kia Kokalitcheva / Axios: |
Source: Dispo, a retro photo sharing app co-founded by YouTube star David Dobrik, raises $20M Series A led by Spark Capital at a $200M valuation — Dispo, a retro photo-sharing app co-founded by YouTube star David Dobrik, recently raised $20 million in Series A funding led by Spark Capital …
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The Information and Insider
Tweets: @martinsfp, @willoremus, @parkerortolani, @caseynewton, and @kateclarktweets
| Mitchell Clark / The Verge: |
iRobot, which makes Roomba vacuums, says a software update to fix issues with i7 and s9 models will take several weeks, after users reported them acting “drunk” — Users have reported their robotic helpers acting ‘drunk’ — iRobot, maker of the robotic Roomba vacuums …
Tweets: @robaeprice
| Jeff Cox / CNBC: |
US Federal Reserve's systems that let banks send money back and forth went down for several hours, impacting its automated clearinghouse system and more — Fed operational error brings down payment system — The Federal Reserve's system that allows financial institutions to send money …
More:
CoinDesk, BleepingComputer, CoinDesk, The Block, ZDNet, Bloomberg, Cointelegraph, BleepingComputer, Gemini Exchange Status, Kraken Status, and Slashdot
Tweets: @emmakinery, @wongmjane, @benpopper, @ivanthek, and @northmantrader
| New York Times: |
Myanmar's draconian draft cybersecurity law follows a yearslong effort to build out Myanmar's surveillance capabilities, following cues from China — As the military seized power again, the generals moved quickly to take the country offline, criminalize online dissent and block social media.| Dan Seifert / The Verge: |
Amazon Echo Show 10 review: adjustable screen angle, good sound quality, silent motorized movement, but photo/video options heavily reliant on Amazon services — Since its inception in 2015, Amazon's Alexa virtual assistant has always been a disembodied digital form trapped in a box of electronics.
More:
Wall Street Journal, CNET, techadvisor.co.uk, TechCrunch, and Engadget
Tweets: @nicnguyen and @dcseifert
| Alfred Ng / The Markup: |
Auditing of algorithms can help address bias but there needs to be industry standards/regulations to hold the auditors or the companies that use them to account — For more than a decade, journalists and researchers have been writing about the dangers of relying on algorithms to make weighty decisions …
Tweets: @alfredwkng, @blackamazon, @mannymoss, @aselbst, and @fabiochiusi
| Reuters: |
Thomson Reuters says it will spend $500M-$600M over two years to develop its AI and ML tools as it transitions to a “content-driven technology company” — NEW YORK (Reuters) - Thomson Reuters Corp will streamline technology, close offices and rely more on machines to prepare … | Chris Welch / The Verge: |
LG says that it will license its webOS software to other TV brands, such as RCA, Ayonz, and Konka; LG's redesigned webOS 5.0 version will not be included — The modern webOS is no longer exclusive to LG's TV lineup — LG tonight announced that the company's webOS smart TV platform will soon be found on TVs from other brands.
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LG NEWSROOM, Gizmodo, Softpedia News, techadvisor.co.uk, KnowTechie, The Ambient, Pocket-lint, XDA Developers, Liliputing, Neowin, Pocketnow, Android Authority, Engadget, ajudaily.com, and Cord Cutters News
Tweets: @rubenerd, @matthewkeyslive, @kfury, and @stroughtonsmith
| Tim Anderson / The Register: |
Google says it has been sponsoring two full-time Linux developers at the Linux Foundation for years to improve security and hopes other companies will follow — Plus: Why the Chocolate Factory only uses code it builds from source — Interview Worried about the security of Linux and open-source code …
More:
XDA Developers, ZDNet, Dark Reading, Insider, BetaNews, VentureBeat, BleepingComputer, TechRadar, and Phoronix. Tweets: @nathanchance
| Makena Kelly / The Verge: |
TikTok says it removed 300K+ videos in the US for election misinformation in H2 2020, and 441K videos from its For You recommendation page for misinformation — And another 400,000 were removed from the For You page — TikTok removed over 340,000 videos in the US for breaking …
More:
TikTok, Insider, TikTok, The Wrap, Mashable, Social Media Today, Tubefilter, MUO, and Engadget. Tweets: @mattnavarra
| Paul Sawers / VentureBeat: |
Hubilo, which helps businesses host virtual and hybrid events with real-time analytics, raises $23.5M Series A led by Lightspeed Venture Partners — Hubilo, a platform that helps businesses of all sizes host virtual and hybrid events and gain access to real-time data and analytics …
More:
FinSMEs and The Economic Times
| Jane Wakefield / BBC: |
Portland ends partnership with Sidewalk Labs to track mobility; Sidewalk spin-off Replica says it was unwilling to share granular data requested by the city — A smart city project started by Google's sister firm Sidewalk Labs to track mobility patterns in the US city of Portland has been shelved.
More:
Insider
| Abner Li / 9to5Google: |
Google makes GameSnacks, a collection of 100+ lightweight HTML5 games, more accessible in Chrome, Pay, Discover, and Assistant in some countries, like India — A year ago, Google's Area 120 incubator launched an HTML5 gaming platform to “test whether lightweight, casual games would resonate …
More:
The Keyword, TechCrunch, The Next Web, SlashGear, and VentureBeat
Tweets: @glenngabe and @stshank
| Kris Holt / Engadget: |
Facebook says it is testing more tools to combat child exploitation on its platform, including a measure warning users of “non-malicious sharing” of viral memes — Facebook says it is testing more tools to help the social network prevent people from sharing content that — exploits children.
More:
VICE, About Facebook, CNET, PCMag, Social Media Today, Adweek, MUO, Tech Xplore, and Forbes
Tweets: @hashem_ayesha, @oliviasolon, and @mattnavarra
| Bloomberg: |
Sources: Beijing-based Didi Chuxing is considering launching in UK, France, and Germany by H1 2021 and has hired a team dedicated to European markets — - Company is said to target the U.K., Germany and France — Didi is beefing up its presence in Europe with local hires
More:
PYMNTS.com
| Bloomberg: |
Russian e-commerce giant Wildberries, which controls 14% of the market, has recently expanded into France, Germany, Italy, and Spain — Winston Churchill, it's often said, quipped that you should never let a good crisis go to waste. Tatyana Bakalchuk would agree.| Marcella McCarthy / TechCrunch: |
Brazil-based RecargaPay, which lets users top up prepaid cell phones online, raises $70M Series C, bringing its total raised to over $100M — RecargaPay, a Brazil-based fintech that allows users to top off their prepaid cell phones online, announced this morning that they've closed …
More:
FinSMEs and PYMNTS.com
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