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March 26, 2021, 10:30 AM
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| Brian Fung / CNN: |
At the hearing, lawmakers accused CEOs of being evasive and condescending; CEOs seemed barely able to restrain their exasperation with gotcha yes/no questions — Washington (CNN Business)The chief executives of Facebook, Google and Twitter faced withering criticism from members of Congress …
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TechCrunch, Insider, International Business Times, The Verge, NPR, MarketWatch, The Guardian, and Firstpost Tech
Tweets: @mchardingmusic, @lizzadwoskin, and @laurengoode
| Energy And Commerce Committee / YouTube: |
Recording of House Energy and Commerce Committee hearing on platform misinformation with Mark Zuckerberg, Sundar Pichai, and Jack Dorsey — The Subcommittee on Communications and Technology and the Subcommittee on Consumer Protection and Commerce of the Committee on Energy and Commerce …
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Gizmodo, Insider, New York Times, Wired, International Business Times, Reuters, New York Times, Bloomberg, Mashable, TechCrunch, Bloomberg, and The Daily Dot
Tweets: @jack, @christopherjm, @adamkovac, @donie, @jack, @thekenyeung, @kristin__wilson, @donie, @pierce, @yaeleisenstat, @antoniogm, @ma_franks, @alexeheath, @willoremus, @lexnfx, @willoremus, @rmac18, @emilychangtv, @carolecadwalla, @geoffreyfowler, @cathymcmorris, @alexeheath, @om, @themaxburns, @cbouzy, @cbouzy, @profcarroll, @jason_kint, @ggreenwald, @jason_kint, @inafried, @govhowarddean, @Public_Citizen, @oliverdarcy, @wongmjane, @daveleeft, @berinszoka, @antoniogm, @antoniogm, @rbreich, @adamndsmith, @thedeshbhakt, @ggreenwald, @reckless, @riegerreport, @brandyzadrozny, @matthewstoller, @iansherr, @owenthomas, @ruskin147, @evan_greer, @ma_franks, @dylanbyers, @mollywood, @normative, @wongmjane, @jolingkent, @b_fung, @pathedger18, @doctorow, @iansherr, @kurtwagner8, @caseynewton, @reckless, @qwongsj, @willoremus, @mathewi, @iansherr, @themaxburns, @themaxburns, @charlesarthur, @benedictevans, @m_feeney, @markseibel, @iansherr, @iansherr, @karaswisher, @spencerchen, @benedictevans, @benedictevans, @mathewi, @matthewstoller, @geoffreyfowler, @rmac18, @sherman4949, @m_feeney, @evelyndouek, @pierce, @rmac18, @iansherr, @iansherr, @justinamash, @beccalenn, @mikeisaac, @blklivesmatter, @carnage4life, @iansherr, @alexeheath, @pdmcleod, @pierce, @willoremus, @iansherr, @iansherr, @iansherr, @berinszoka, @kurtwagner8, @iansherr, @mattrosoff, @gartenberg, @mikeisaac, @iansherr, @rmac18, @iansherr, @mikeisaac, @rmac18, @rmac18, @dcseifert, @senatorshoshana, @richardjnieva, @pierce, @lizzadwoskin, @benedictevans, @mikeisaac, @kellymakena, @matthewstoller, @benedictevans, @benedictevans, @_karenhao, and @carolecadwalla
| Makena Kelly / The Verge: |
House tech hearing revealed unorganized lawmakers who conflated issues of competition, privacy, and moderation, and were unable to move past personal grievances — It's time to move past listening and into legislating — This story is part of a group of stories called
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New York Times, MIT Technology Review, Decrypt, CNET, Silicon Republic, and CNN
| Mark Gurman / Bloomberg: |
Sources: Apple is considering to launch an Apple Watch with a rugged casing aimed at athletes, hikers, and others as soon as late 2021 or early 2022 — - Company discusses new model to target different watch buyers — Device may debut later in 2021 or 2022 at the earliest
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Gizmodo, 9to5Mac, Forbes, PCMag, Engadget, AppleInsider, The Verge, MacRumors, Trusted Reviews, SlashGear, iDownloadBlog.com, MUO, iPhone Hacks, iMore, Cult of Mac, and Mashable
Tweets: @markgurman, @gtinari, and @bloombergtv
| Ken Klippenstein / The Intercept: |
Internal Amazon documents show Amazon was aware of the practice of employees using pee bottles, identifying it as a “Tier 1” infraction that can lead to firing — In anticipation of Sen. Bernie Sanders's scheduled trip to Bessemer, Alabama, to support the unionization drive …
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Fast Company. Tweets: @_cingraham, @kateconger, @doctorow, @ingridlunden, @karengeier, @kenklippenstein, @liamyoung, @bernieupstateny, @nausjcaa, @joshsternberg, @mims, @everywhereist, @thekarami, @dakami, @bobpickard, and @brandon_mckoy
| Lauren Kaori Gurley / VICE: |
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Rest of World. Tweets: @kenklippenstein, @repmarkpocan, @kenbensinger, @alexnpress, @repmarkpocan, @people4bernie, @attackerman, @bambooney, @robzacny, @juliacarmel__, @ryangrim, @j_bloodworth, @diannananez, @mat, @mikeduncan, @chimeracoder, @rtushnet, @annierpalmer, @kenklippenstein, @ositanwanevu, @nathantankus, @davidklion, @ashleyfeinberg, @athertonkd, @quantian1, @actnormalorelse, @thhamilton, @willmenaker, @bigblackjacobin, @amandamull, @juliacarriew, @arb, @nycsouthpaw, @jaynooch, @tristandross, @josephfcox, @nathanjrobinson, @bigblackjacobin, @libyaliberty, @rajat_suresh, @joshuarolson, and @dancanon
| Owen Thomas / Protocol: |
Stewart Butterfield says Slack will introduce audio messages and a Clubhouse-like feature that will allow users to drop into rooms without an invitation — Slack CEO Stewart Butterfield said on Clubhouse that Clubhouse-like additions will soon be coming to the app.
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TechRadar, MUO, and Josh Constine's PressClub
Tweets: @44, @dbinkowski, @gavinsbaker, @owenthomas, @adamholisky, and @steven_aquino
| Maureen Farrell / Wall Street Journal: |
Sources: WeWork has agreed to merge with a SPAC in a deal that would take the startup public at a $9B valuation including debt — Planned merger with the BowX Acquisition would value WeWork at $9 billion including debt — WeWork has agreed to merge with a special-purpose acquisition company …
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Insider, Vox, Silicon Valley Business …, Reuters, Crunchbase News, ZDNet, The Irish Times, The Economic Times, Bloomberg, New York Post, Financial Times, and Fast Company
Tweets: @wsj and @danprimack
| Wall Street Journal: |
Sources: Microsoft is in exclusive talks to acquire Discord for $10B+ and could complete the deal next month — Deal valuing chat app at $10 billion or more could be completed next month — Microsoft Corp. is in advanced talks to acquire messaging platform Discord Inc. for $10 billion or more …
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Thurrott, ZDNet, The Verge, IGN, Android Headlines, Neowin, Pocket-lint, OnMSFT.com, SiliconANGLE, Dot Esports, and Windows Central
Tweets: @benjisales, @jeffjarvis, @alexeheath, @bdsams, @mukund, @imranzomg, @richlightshed, @danprimack, and @chitogaminyt
| Jane Chung / Public Citizen: |
Analysis of Facebook, Apple, Google, Amazon US lobbying: $124M spent on lobbying and campaign donations during 2020 cycle; Facebook and Google are top spenders — An updated analysis of the rise in lobbying and campaign contributions from the Big Tech companies: Amazon, Apple, Facebook, and Google| Insider: |
YouTube has temporarily suspended monetization for three channels operated by David Dobrik following a rape allegation against a former Vlog Squad member — - YouTube is temporarily blocking David Dobrik and Durte Dom from making money off ads. — The company said it demonetized …
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The Verge and dexerto.com
Tweets: @brianchoffman, @biaus, @internetinsider, and @alexsalvinews
| GlobalData: |
Apple bought the most AI companies globally from 2016 to 2020, with 25 acquisitions; Apple, Google, Microsoft, and Facebook collectively bought 60 AI companies — - US tech giants are leading the AI companies acquisition race — Four FAAMG companies feature in the list of top five acquirers …
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Consumer Reports, MacRumors, 9to5Mac, Patently Apple, and Cult of Mac
| Reuters: |
Source: Biden EO draft would require many software vendors to notify their federal govt. clients of cybersecurity breaches and preserve accompanying data logs — SAN FRANCISCO (Reuters) - A planned Biden administration executive order will require many software vendors to notify … | Joseph Cox / VICE: |
Text routing firm Aerialink says that all major US cell carriers have closed an SMS loophole that allowed hackers to easily reroute a target's text messages — All the mobile carries have mitigated a major SMS security loophole that allowed a hacker to hijack text messages for just $16. — Joseph Cox| Riley de León / CNBC: |
Robotic process automation software maker UiPath files to go public on the NYSE, reports $607.M revenue in FY2021, up 81% YoY, and net loss of $92.3M — - UiPath filed with the Securities and Exchange Commission to list on the New York Stock Exchange under the ticker symbol “PATH.”| Patrick Howell O'Neill / MIT Technology Review: |
Google said it shut down a hacking group in January but didn't disclose that it was an active counter-terrorism operation by a US ally, raising ethical concerns — The decision to block an “expert” level cyberattack has caused controversy inside Google after it emerged that the hackers in question were working for a US ally.| Arjun Kharpal / CNBC: |
H&M removed from Chinese e-commerce sites and mapping apps after its statement last year on forced labor in Xinjiang resurfaced and caused a backlash on Weibo — - H&M faced backlash on Chinese social media service Weibo over a statement reportedly from last year in which the retailer said it was …
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Wall Street Journal, Rest of World, Reuters, and South China Morning Post
| Lorenzo Franceschi-Bicchierai / VICE: |
Troy Hunt claims that Carding Mafia, a forum for stealing and trading credit cards, has been hacked, exposing emails, usernames, and passwords for ~300K hackers — Credit card hacking forum Carding Mafia is the latest victim of the age-old hackers on hackers crime. — Lorenzo Franceschi-Bicchierai
Tweets: @lorenzofb, @edbott, and @x0rz
| Reuters: |
Sources: Xiaomi is in talks with Great Wall Motors to manufacture EVs under its own brand, a partnership could be announced as early as next week — HONG KONG/BEIJING (Reuters) - China's Xiaomi Corp plans to make electric vehicles (EVs) using Great Wall Motor Co Ltd's factory … | Ryan Browne / CNBC: |
Crypto analytics startup Chainalysis raises $100M Series D led by Paradigm, at a valuation of $2B+, four months after raising $100M Series C at a $1B valuation — - Chainalysis, a start-up that sells blockchain data analytics tools, has doubled its valuation to $2 billion in a new investment round.| Jared Council / Wall Street Journal: |
Some VC firms are using AI algorithms to help with investment decisions; Gartner forecasts that AI will be involved in 75% of VC investment decisions by 2025 — Some firms are using AI algorithms to help with investment decisions — Venture capitalists who have long funded artificial intelligence startups …
Tweets: @trengriffin, @ryanlawler, and @hlandgren
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