| Mark Gurman / Bloomberg: |
Sources: Apple is working on a rugged “Explorer Edition” Watch aimed at athletes and to be used in more extreme environments, for a late 2021 or 2022 launch — - Company discusses new model to target different watch buyers — Device may debut later in 2021 or 2022 at the earliest| 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 … | 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 … | Makena Kelly / The Verge: |
| Benjamin Mayo / 9to5Mac: |
Apple releases iOS 14.4.2 and iOS 12.5.2 to fix a critical cross-site scripting vulnerability in WebKit that “may have been actively exploited” — Apple today released iOS 14.4.2 for iPhone and iPad, and watchOS 7.3.3 for Apple Watch. The updates includes an important security fix for WebKit … | Patrick Howell O'Neill / MIT Technology Review: |
Google said it has shut down a hacking operation in January but, sources say, didn't disclose that it was an active counter-terrorism operation by a US ally — 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.| Maureen Farrell / Wall Street Journal: |
WeWork to merge with a SPAC in a deal that would raise $1.3B and values the company at $9B — 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, according to people familiar with the matter … | Owen Thomas / Protocol: |
| Catherine Shu / TechCrunch: |
Linktree, which creates simple “link in bio” landing pages for people and companies, raises $45M Series B, and says it has 12M users — If you browse Instagram, you are probably familiar with the term “link in bio.” Links aren't allowed in post captions, and users are only allowed … | 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 … | Wayne Ma / The Information: |
Apple's App Store has been hosting 12+ apps run by a US-sanctioned paramilitary organization in China's Xinjiang region; Apple says the apps comply with US law — Apple's App Store has been distributing more than a dozen apps created by a Chinese organization sanctioned by the U.S … | 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.| Kate Rooney / CNBC: |
Pilot, which helps SMBs outsource accounting tasks like payroll, raises $100M Series C led by Bezos Expeditions and Whale Rock Capital, at a valuation of $1.2B — - Pilot raised a $100 million funding round led by Jeff Bezos's venture capital firm Bezos Expeditions and hedge fund Whale Rock Capital … | Roland Li / San Francisco Chronicle: |
Facebook to reopen Menlo Park HQ and other Bay Area sites at 10% capacity starting May 10, and allow remote work until a month after offices reach 50% capacity — Facebook has set a Bay Area office reopening date: May 10. — The social media giant will open at 10% capacity starting … | 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 … | 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| 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 … | 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.| Adam Janofsky / The Record: |
Report: seven members of Germany's Bundestag and 31 members of its state parliaments were targeted in a phishing attack allegedly originating from Russia's GRU — At least seven members of Germany's Bundestag and 31 members of the state parliament have been targeted by a hack that is believed … | Alex Konrad / Forbes: |
ServiceTitan, a SoCal-based platform for commercial and residential tradespeople, raises $500M Series F led by Tiger Global and Sequoia at a valuation of $8.3B — Covering venture capital, software and startups — It's no new live audio app, crypto company or remote-work tool.| Frank Chaparro / theblockcrypto.com: |
Lukka, a crypto data provider with products aimed at Wall Street, raises $53M Series D led by Soros Fund Management — A fund founded by billionaire investor George Soros has backed crypto data provider Lukka in a $53 million Series D fundraise. — Lukka is among the several firms … | Chris Metinko / Crunchbase News: |
Ease, which makes cloud-based software to help SMBs provide employee benefits, raises $41M Series C, bringing its total raised to $70M — San Francisco-based benefits software developer Ease raised a $41 million Series C to help aid small and medium-sized businesses in providing benefits to their employees.| 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
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