| 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 … | 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| 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 … | Owen Thomas / Protocol: |
| 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 … | 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 … | 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 … | 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.| 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 … | 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 … | 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.| 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| 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.| 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 … | 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 … | 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| 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 … | 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 …
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| Mike Minotti / VentureBeat: |
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