| Anna Irrera / Reuters: |
PayPal says it has started letting US customers use cryptocurrency holdings to pay millions of its online merchants globally — LONDON (Reuters) - PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay … | Jay Peters / The Verge: |
Google announces upgrades to Maps, including indoor AR directions, a new directions interface with eco-friendly driving routes, and new weather map layers — Indoor AR directions, a new directions interface, and more — Google is announcing a bunch of new features planned for Google Maps … | Ben Gilbert / Insider: |
Newly created Twitter accounts labeled as Amazon employees are defending the company amid a union drive; Amazon admitted in 2018 to paying for similar tweets — - Amazon's paid army of employee Twitter users is at it again, this time criticizing unionization.| Matt Day / Bloomberg: |
| Jason Del Rey / Vox: |
| Todd Bishop / GeekWire: |
T-Mobile will end its TVision live TV offerings, partner with Philo and YouTube TV, and make Google Messages the default messaging app for Android customers — T-Mobile will make Google Messages its default messaging app for customers on Android devices, provide new backup and storage options via … | Chance Miller / 9to5Mac: |
Apple announces a virtual WWDC 2021 from June 7 to June 11, where iOS 15, macOS 12, watchOS 8, and more are expected — Apple has officially announced WWDC 2021. This year, the conference will take place completely virtually starting June 7. This marks the second year in a row that Apple … | David McLaughlin / Bloomberg: |
FTC abandons its antitrust lawsuit against Qualcomm, says it won't seek a Supreme Court review of a 2020 federal appeals court decision that acquitted Qualcomm — - FTC declines to seek Supreme Court review of monopoly case — Company was accused of abusing dominance in cell-phone chips| Axios: |
Sources: Substack is raising $65M at a $650M valuation; a16z will lead the round — Substack is raising $65 million in new venture capital funding that would value the company at around $650 million, Axios has learned. Existing investor Andreessen Horowitz is leading the round.| Tim Hardwick / MacRumors: |
Epic Games says it has filed a complaint in support of UK antitrust watchdog's ongoing investigation into Apple's alleged anti-competitive behavior — Epic Games today said it had filed a complaint to the UK's antitrust watchdog in support of the government department's ongoing investigation … | Corbin Davenport / XDA Developers: |
Xiaomi unveils €1,200 Mi 11 Ultra, with a rear-facing 1.1-inch AMOLED screen, and the Mi 11i, Mi 11 Lite series, Mi Band 6, and an AirPower-like charging pad — Xiaomi released the Mi 11 already in Europe last month following its debut in China at the end of last year.| Bloomberg: |
Filing: Xiaomi will invest ~$10B over the next decade to manufacture electric cars, with an initial investment of $1.5B in smart vehicle manufacturing — - Chinese phone giant aims to outsource vehicle assembly — Market booms as prices fall, consumers embrace cleaner cars| Debby Wu / Bloomberg: |
Foxconn reports Q4 profit of $1.61B, down 4% YoY, revenue of $70B, up 15% YoY, mainly from consumer electronics, including smartphones — - Profit fell nearly 4% despite contributions from new iPhones — Company says impact of parts shortages will be limited| Bloomberg: |
Sources: shares of ByteDance are trading at a $250B+ valuation in the secondary market; CB Insights said ByteDance's valuation was $140B in last fundraising — - Startup's valuation was $140 billion in last fundraising — Shares of ByteDance Ltd., the Chinese parent of hit video app TikTok … | Ingrid Lunden / TechCrunch: |
LinkedIn adds Creator mode for influencers, launches video Cover Stories, and extends free career training tools in partnership with Microsoft — LinkedIn, the social network now with 740 million users around the world, has carved out an identity for itself as the place online where professionals … | Steve O'Hear / TechCrunch: |
European startup Everli, which lets customers order from local supermarkets for delivery, raises $100M Series C led by Verlinvest — Everli, the European marketplace for online grocery shopping that started in Italy but now also operates in Poland, Czech Republic and France, has raised a $100 million in Series C funding.| Ingrid Lunden / TechCrunch: |
Zoomin, which uses AI to help companies turn disparate product content into useful customer support data, raises $52M Series C led by General Atlantic — User guides, knowledge articles and community discussions form a detailed, yet very fragmented, landscape of information about a company and its products.| Sarah E. Needleman / Wall Street Journal: |
Cameo, which now has 40,000 personalities, raises $100M from Vision Fund 2 and others at a $1B+ valuation, up from $300M in 2019 — The four-year-old video platform features more than 40,000 personalities but faces increased competition, potentially from Facebook| Yogita Khatri / The Block: |
Ripple says it is acquiring a 40% stake in Asian cross-border payments company Tranglo — Crypto firm Ripple has agreed to acquire a 40% stake in Asian payments specialist Tranglo. The transaction is subject to regulatory approvals is expected to occur sometime this year.| Dan Taylor / Tech.eu: |
Hiber, which is building a IoT satellite network to keep track IoT devices globally, raises €26M from the EU and private investors — Keeping track of, and monitoring all those IoT devices can get a bit tricky. Particularly in areas where there's little-to-no affordable cellular network …
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| Ronan Shields / Adweek: |
| Alan Suderman / Associated Press: |
| Ax Sharma / BleepingComputer: |
| Noor Zainab Hussain / Reuters: |
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