| Clubhouse: |
Clubhouse has raised a Series C led by Andreessen Horowitz, with DST Global, Tiger Global, and Elad Gil participating — Since then we have grown faster than expected, as Clubhouse has expanded across hundreds of countries around the world. With millions of new users bouncing around the hallways … | Elizabeth Culliford / Reuters: |
Source: Clubhouse's latest round values the startup at $4B — Audio-chat app Clubhouse closed a new Series C round of financing, the company said during its weekly town hall on Sunday, without disclosing the amount raised. — A source familiar with the matter confirmed to Reuters … | Fiona Kelliher / Mercury News: |
Charles “Chuck” Geschke, who co-founded Adobe in 1982 with John Warnock and helped develop PDF technology, has died at 81 — Charles “Chuck” Geschke, co-founder of the iconic Silicon Valley company Adobe Inc. and prominent cheerleader of downtown San Jose, died Friday at age 81.| Peter Kafka / Vox: |
Sources: Facebook will announce a suite of audio products on Monday, including a Clubhouse-like app, a podcast discovery product connected to Spotify, and more — Announcements are coming on Monday, but some products won't show up for a while. — Facebook wants you to start talking, and listening, on Facebook.| Nilay Patel / The Verge: |
A look back at the netbook explosion of the late 2000s and how iPads, Chromebooks, and appliance-like computers took the netbook's place — The sound of a slow processor screaming — There's an Apple event next week, and it's looking fairly likely that we'll see updated models of the iPad Pro and perhaps the iPad Mini.| Raphael Satter / Reuters: |
| Will Goodbody / RTÉ: |
Newly filed Google Ireland Holdings accounts show $75B+ in profits moved through the subsidiary in 2019, the last year Google used the “double Irish” tax scheme — Newly filed accounts show that over $75bn in profits moved through a subsidiary of Google that was incorporated in Ireland in 2019 … | Todd Feathers / The Markup: |
A look at lobbying efforts by Facebook, Apple, Google and others in Connecticut, Texas, and other US states crafting consumer privacy bills — The Markup found industry fingerprints on at least five bills around the country—weak laws, experts say, that are designed to preempt stronger protections| Lawrence Abrams / BleepingComputer: |
WordPress announces that it will treat Google's FLoC as a “security concern”, and will automatically disable the technology in its upcoming July release — WordPress announced today that they plan on treating Google's new FLoC tracking technology as a security concern and plans to block it by default on WordPress sites.| Cade Metz / New York Times: |
A former alt-right YouTuber details how he tailored videos for the “echo chamber”, including focusing squarely on confrontations to drive views on YouTube — Focus on conflict. Feed the algorithm. Make sure whatever you produce reinforces a narrative. Don't worry if it is true.| Manish Singh / TechCrunch: |
Bangalore-based Razorpay, which helps SMBs manage digital payments, raises $160M Series E led by GIC and Sequoia Capital India at a valuation of $3B — Six-year-old Bangalore-based fintech Razorpay topped a $1 billion valuation late last year, becoming the first Y Combinator-backed Indian startup … | Julie Zhu / Reuters: |
Sources: Ant Group is exploring options for founder Jack Ma to divest his stake and give up control to appease Chinese regulators — Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled …
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| Dina Temple-Raston / NPR: |
| Issie Lapowsky / Protocol: |
| Alex Konrad / Forbes: |
| Annie Palmer / CNBC: |