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February 25, 2021, 12:00 PM
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| Alex Leary / Wall Street Journal: |
Biden signs an EO mandating a 100-day review of supply chains, including for semiconductors and rare-earth metals, amid chip shortages — The president signed an executive order with the aim of eventually increasing domestic production of critical materials
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The White House, CyberScoop, The White House, Financial Times, Tom's Hardware, Reuters, Insider, Micky, Protocol, Politico, The Register, GeekWire, Washington Post, Philip Elmer‑DeWitt, Nikkei Asia, CNBC, TechRadar, Los Angeles Times, NBC News, GamesIndustry.biz, iTnews, HPCwire, Android Central, Windows Central, Ars Technica, and New York Times
| Daniel Van Boom / CNET: |
Australia passes news bargaining code that requires Facebook, Google, and other digital platforms pay local media outlets and publishers for their content — Australia on Wednesday passed a new media law that had generated noisy pushback from internet giants Google and Facebook …
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Axios, BBC, Windows Central, The Verge, CNN, TechCrunch, Associated Press, The Guardian, Treasury Ministers, Variety, Bloomberg, Gizchina, Sydney Morning Herald, Pocket-lint, Daily Maverick, iTnews, South China Morning Post, Livemint, 7NEWS.com.au, 9News, CNBC, Daily Telegraph, iTnews, Reuters, ABC, Parliament of Australia, and InnovationAus
Tweets: @joshfrydenberg, @joetidy, @jason_kint, @pollytics, @margaretsimons, @drivenbyboredom, and @matthewstoller
| Manish Singh / TechCrunch: |
India issues tougher rules for tech firms and streaming services like Facebook, Twitter, WhatsApp, and Netflix over resolving user complaints and more — India announced sweeping rules to regulate social media firms, streaming services, and digital news outlets, joining a handful of other nations …
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Wall Street Journal, Entrackr, The Verge, The Economic Times, Entrackr, pib.gov.in, The Next Web, Financial Times, Bloomberg, TechRadar, and Variety
Tweets: @ericbellmanwsj, @evelyndouek, @thekarachikid, @mattnavarra, @rsprasad, @givenality, @prakashjavdekar, @chrizap, and @shefvaidya
| Richard Lawler / Engadget: |
ViacomCBS says Paramount+ will cost $5/month with ads and $10/month without ads; the ad tier will be available in June while the ad-free tier starts on March 4 — ViacomCBS has a ‘mountain of content’ on the way to streaming, including a ‘Halo’ series and ‘Beavis and Butthead.’
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Deadline, KnowTechie, Gizmodo, BGR, Light Reading, and CNET
Tweets: @quinnypig, @tomleykis, @techdeals_16, and @engadget
| Jeff John Roberts / Decrypt: |
Coinbase files its S-1, reveals profit of $322M in 2020 on $1.2B in revenue, up from a loss of $30M in 2019 on $533M in revenue — The recent Bitcoin bull run helped Coinbase pull in a profit of $322 million on revenues of over $1.2 billion in 2020, putting the cryptocurrency giant …
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The Verge, The Block, TechCrunch, TechCrunch, CoinDesk, Bloomberg, CoinDesk, and CNBC
| Ben Schoon / 9to5Google: |
Smart TVs running Google TV will come with a Basic mode that strips smart features from the TV — Google TV is the company's next effort to rule the living room, picking up on the progress that Android TV made over half a decade. The first smart TVs running on top of Google TV have yet to hit the market …
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CNET, Android Authority, PCMag, SlashGear, The Verge, BGR, Android Central, and Neowin
| Megan Graham / CNBC: |
Facebook launches a TV, radio, and digital ad campaign in support of personalized ads called Good Ideas Deserve to be Found, ahead of Apple's IDFA changes — - Facebook is launching a new ad campaign called “Good Ideas Deserve to be Found,” which makes a case for personalized advertising.
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About Facebook, Reuters, TechCrunch, 9to5Mac, MacRumors, AdExchanger, about.facebook.com, iMore, Neowin, iDownloadBlog.com, and NBC News
Tweets: @facebook and @megancgraham
| Rachel Lerman / Washington Post: |
Sources: Parler investor Rebekah Mercer, who controlled 2 of 3 board seats in early February, is increasingly exerting control since the founding CEO's exit — Mercer, whose family also invested in right-wing news site Breitbart, controls two of the three board seats at the company| Sean Hollister / The Verge: |
Tech retailer Fry's Electronics announces it will cease operations effective immediately, blaming industry changes and the pandemic — Your best buys are no longer at Fry's, guaranteed — Fry's Electronics, one of the last big brick-and-mortar electronics store chains in the United States …
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Wired, HotHardware.com News, Ars Technica, KRON4, 9to5Mac, Debugger , Fast Company, New York Times, GeekWire, NBC New York, East Bay Times, Newsweek, SFGATE, Mercury News, The Register, Mercury News, Looper, International Business Times, MacDailyNews, Silicon Valley Business …, and Game Rant
Tweets: @adamnash, @wired, @jamesgunn, @highlyspammable, @kvox, @ryansmithat, @laurengoode, @jonmchu, @jalajboy, @chancehmiller, @narillan, @grady_booch, @avidanross, @helladislike, @benbajarin, @penguinsix, @vitalvegas, @rajivayyangar, @kenyaw, @scannerfremont, @therebeccasun, @strngwys, @originalspin, @theperezhilton, @cruickshank, @lizthegrey, @shannonwoodward, and @backlon
| Ingrid Lunden / TechCrunch: |
Terminus, a B2B marketing service that combines sales and marketing functions, raises $90M Series C, sources say at a valuation of around $400M — Sales and marketing are often considered a single category on a business plan, but ironically, when it comes to building apps and services to help with them …
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MarTech Series and Hypepotamus
| Yogita Khatri / The Block: |
Sorare, an ethereum-powered marketplace for creating and trading football NFTs, raises $50M Series A led by Benchmark — Quick Take — NFT marketplace Sorare has raised $50 million in Series A. — The round was led by Benchmark, with participation from Accel, Reddit co-founder Alexis Ohanian …
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Sorare, Tech.eu, Tech.eu, CoinDesk, FinSMEs, Cointelegraph, cryptodaily.co.uk, Crypto Briefing, and EU-Startups
| Lauren Feiner / CNBC: |
SEC filing: Twitter says it aims to have 315M monetizable DAUs by the end of 2023 and to at least double annual revenue to $7.5B by then; stock up 7%+ — - Twitter said on Thursday it aims to have 315 million monetizable daily active users by the end of 2023. — It also aims to at least double its annual revenue in that year.| Lauren Kaori Gurley / VICE: |
Amazon is sending postal mail to warehouse workers in Bessemer, Alabama urging them to “VOTE NO” on unionization, and has also pushed anti-union ads on Twitch — A mysterious new USPS mailbox has appeared on Amazon property amid a historic union drive in Bessemer, Alabama.
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Input and Insider
Tweets: @moreperfectus, @jordanuhl, @bigblackjacobin, @phirephoenix, @jason_koebler, @sgaibrie, @jomc, and @bigblackjacobin
| Kyle Wiggers / VentureBeat: |
Otter.ai, which offers an AI-based transcription service, raises $50M Series B, including $10M in convertible notes, led by Spectrum Equity — AI transcription startup Otter.ai today announced it has raised $50 million in a series B round that includes $10 million in convertible notes and was led by Spectrum Equity.
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TechCrunch
| Katie Roof / Bloomberg: |
BetterUp, which helps clients provide employees with career coaches and mental health counseling, raises $125M Series D at a $1.73B valuation — - $125 million Series D funding round led by Iconiq Growth — BetterUp offers coaching, counseling as well as mentorship
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Reuters
| Maggie Fitzgerald / CNBC: |
GameStop shares closed up nearly 104% on Wednesday, halting twice for volatility; GameStop said on Tuesday its CFO will resign — - GameStop announced Tuesday that its chief financial officer Jim Bell will resign on March 26. — Sources familiar with the matter told Business Insider …
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Insider, Ars Technica, Bloomberg, Bloomberg, GamesIndustry.biz, Fast Company, Newser, The Verge, CryptoGlobe, Kotaku, Gizmodo, PC Gamer, MarketWatch, The Motley Fool, IGN, Barron's Online, RT, InvestorPlace, and Fox Business
Tweets: @jon_bois, @caroljsroth, @jamestitcomb, @linuswilson, and @levynews
| Yogita Khatri / The Block: |
Crypto startup Anchorage, which recently became the first federally chartered digital asset bank, raises $80M Series C led by GIC — Cryptocurrency custodian and banking company Anchorage announced Thursday that it raised $80 million in a Series C funding round.
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CoinDesk
| Rafael Frankel / About Facebook: |
Facebook says it is banning all Myanmar military and military-controlled entities from Facebook and Instagram, and ads from military-linked commercial entities — Myanmar military banned from Facebook and Instagram with immediate effect. — Today, we are banning the remaining Myanmar military …
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Engadget, New York Times, The Hill, New York Post, Reuters, ZDNet, Bloomberg, Associated Press, Washington Post, and Forbes
| Bloomberg: |
FCC says Verizon spent the most during its 5G licenses auction, bidding $45.5B, followed by AT&T with $23.4B, and T-Mobile with $9.3B — - AT&T is second at $23 billion in bids, followed by T-Mobile — FCC releases results of so-called C-band airwaves sale
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Ars Technica, The Verge, Federal Communications Commission, The Register, CNET, Wall Street Journal, Light Reading, TechSpot, phonearena.com, Telecoms.com, Android Central, Executive Gov, MarketWatch, and Reuters
Tweets: @dcseifert, @sub8u, @notdan, and @backlon
| Robin Wauters / Tech.eu: |
Payments startup Klarna reports 2020 results: operating income rose 40% YoY to $1B, net loss widens to $167M; 18M app MAUs and 87M shoppers used its services — Klarna, the Swedish payments company that was Europe's most valuable private fintech firm until Checkout.com overtook it late last year …
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Klarna
| Kyle Wiggers / VentureBeat: |
Armorblox, which protects enterprise communications using AI, raises $30M Series B led by Next47, bringing its total raised to $46.5M — Armorblox, a cybersecurity startup using natural language understanding to protect enterprise communications, today announced that it raised $30 million in series B venture capital funding.
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Crunchbase News
| Anthony Ha / TechCrunch: |
Stockholm-based Memmo.me, which allows users to pay celebrities for personalized video messages, raises $10M Series A — Memmo.me, a startup allowing users to pay celebrities for personalized video messages, is announcing that it has raised $10 million in Series A funding.| Cherlynn Low / Engadget: |
Microsoft announces industry cloud packages for financial services, available in March, and for manufacturing and nonprofits, available in June — new Industry Cloud service with a suite of tools for the healthcare sector last year and unveiling a Retail-specific version in January, Microsoft is ready to introduce more areas of focus.
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The Official Microsoft Blog, WinBuzzer, TechRepublic, Protocol, and Microsoft
Tweets: @jp_courtois and @satyanadella
| Michael McSweeney / The Block: |
Optimism, which plans to help scale the Ethereum blockchain with a Layer 2 protocol, raises $25M Series A led by Andreessen Horowitz — Optimism, a startup focused on the scalability of the Ethereum blockchain network, has raised a $25 million Series A funding round led by Andreessen Horowitz.
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Andreessen Horowitz, coinspeaker.com, Cryptonews, Cointelegraph, and CoinDesk
Tweets: @optimismpbc, @optimismpbc, @ariannasimpson, @ljxie, and @a16z
| Ingrid Lunden / TechCrunch: |
US private equity firm Francisco Partners acquires online genealogy tracking pioneer MyHeritage, source says for $600M — Genealogy tracking online is a big business, and today comes some M&A news for one of the bigger names in the field. TechCrunch has learned and confirmed … Sponsor Posts
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