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May 3, 2021, 9:05 AM

Top News

Juli Clover / MacRumors:

Kuo: Apple is planning to launch a foldable iPhone with an 8" QHD+ flexible OLED display in 2023; Kuo says Apple will ship 15M to 20M foldable iPhones in 2023 — Apple is working to launch a foldable iPhone with an 8-inch QHD+ flexible OLED display in 2023, Apple analyst Ming-Chi Kuo …

Steve Kovach / CNBC:

Verizon says it will sell Yahoo and AOL to PE firm Apollo Global Management for $5B, keeping a 10% stake in the company, which will be rebranded as just “Yahoo” — - Verizon will sell its media group, which includes brands from AOL and Yahoo, to private equity firm Apollo Global Management.

Kim Lyons / The Verge:

After Apple's iOS 14 privacy updates, Facebook and Instagram show notices in iOS apps that tell users to enable tracking to help keep them “free of charge” — iOS 14 has new privacy settings that let users opt out of tracking — Facebook is continuing its campaign …

More: MacRumors, International Business Times, 9to5Mac, Engadget, Mashable, Wccftech, Techpoint Africa, iMore, TechRadar, SlashGear, iPhone Hacks, Gizchina, MUO, BGR India, phonearena.com, and AppleInsider

Tweets: @ashk4n, @katebevan, @matthewstoller, @jenniferdaniel, and @hypervisible

Darrell Etherington / TechCrunch:

Toronto-based Wealthsimple, an online investment management service, raises ~$610M at a post-money valuation of $4B, led by Meritech and Greylock — Canadian fintech giant Wealthsimple has raised a new round of $750 million CAD (~$610 million) at a post-money valuation of $5 billion CAD (~$4 billion).

More: BetaKit, Globe and Mail, and PYMNTS.com

David Phelan / Forbes:

SEC filing: Rockley Photonics, developer of sensors that can be used for blood pressure and glucose monitoring, says Apple is currently its biggest customer — A new report says that a future Apple Watch could have a new raft of health sensors, including blood pressure and …

Source: Telegraph. More: Engadget, XDA Developers, 9to5Mac, MacRumors, PCMag, Tom's Guide, TechSpot, Firstpost Tech, Gizchina, Wccftech, Ubergizmo, SlashGear, phonearena.com, BGR India, AppleInsider, and TechRadar

Tweets: @forbes, @engadget, and @davidphelan2009

Tom Warren / The Verge:

Microsoft planned to reduce its cut from 30% to 12% for Xbox games too, a document filed as part of Epic vs Apple lawsuit in January shows — Confidential Microsoft documents reveal some big plans — Microsoft had been planning to cut its Xbox store cut to just 12 percent …

Alex Russell / Infrequently Noted:

Apple's ban on alt iOS browser engines and years of delays in adding features to WebKit can explain why web apps are not a viable alternative to App Store apps — Do App Store policies harm developers? Is the web a credible alternative? A look at the data. — Three facts...

More: 9to5Mac, Axios, Wall Street Journal, Politico, and CNN

Tweets: @alexhern, @thomaswilburn, @ciphergoth, @slightlylate, @migueldeicaza, @tolmasky, @cwilso, @tolmasky, @slightlylate, @tolmasky, and @carnage4life

Lora Kolodny / CNBC:

Neuralink's President and co-founder Max Hodak tweets that he has left the brain-computer interface startup — - Neuralink co-founder Max Hodak announced Saturday that he is no longer working with the brain tech company he started with Elon Musk. — Musk - who is also the CEO of auto …

More: The Verge, Insider, Gizmodo, and Engadget

Tweets: @max_hodak, @benshooter, @nickcammarata, @doctorow, @teslacharts, @yoda, @rhinosoros, @lorakolodny, and @ermonacelli

Brian Heater / TechCrunch:

Path Robotics, which uses scanning, computer vision, and AI for robotic welding, raises $56M Series B led by Addition, bringing its total raised to $71M — Columbus, Ohio-based firm Path Robotics today announced the completion of a $56 million Series B. The round, led by Addition …

More: FinSMEs and PR Newswire

Olaf Storbeck / Financial Times:

More than 30 of Europe's largest banks and credit card processors form the European Payment Initiative, aiming to compete with a US-dominated “oligopoly” — More than 30 lenders designing rival to take on PayPal, Mastercard, Visa and Apple — More than 30 of Europe's largest banks …

More: PYMNTS.com. Tweets: @pascalbouvier

Shiyin Chen / Bloomberg:

Dell has agreed to sell Boomi, which specializes in integrating cloud platforms for companies, to Francisco Partners and TPG in a cash deal valued at $4B — Dell Technologies Inc. has agreed to selling its Boomi cloud business to private-equity firms Francisco Partners and TPG in a cash deal valued …

More: Dell Technologies, Wall Street Journal, TechRadar, and The Economic Times

Tweets: @tpg and @jaycuthrell

Pete Rizzo / Bitcoin Magazine:

A look back at Satoshi Nakamoto's role in the Bitcoin project and exchanges with its community, 10 years after the disappearance of the mysterious figure — 10 years ago today, Bitcoin creator Satoshi Nakamoto's disappeared. Pete Rizzo tells the story. — 10 years ago today, Bitcoin creator Satoshi Nakamoto's disappeared.

More: Protocol. Tweets: @pete_rizzo_, @bitcoinmagazine, @bitcoinmagazine, and @bottlepay

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Victoria Craw / Washington Post:

Some CNN, Politico, and MS NOW reporters were denied access to the White House early Thursday despite a judge's order

Todd Spangler / Variety:

Paramount says it is raising another $7.5B in debt to pay for its WBD acquisition and pay down other debt, bringing the total debt it intends to raise to $44.4B

ABC News:

An ad on Fox News and Newsmax, with clips of Trump and echoing Republican midterm election messaging, draws criticism for being “paid for by the US government”

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More News

Will Daniel / Insider:

A new cryptocurrency called Chia is debuting on May 3, and its dependence on storage instead of computing power may be behind a rise in hard drive and SSD sales

More: Coinspeaker and HotHardware.com News

Chris Metinko / Crunchbase News:

Australia-based SafetyCulture, which helps businesses perform and automate safety checks and audits, raises $73M at a $1.6B valuation led by Insight Partners

More: VentureBeat, Tech News, and Business Wire

Kristin Stoller / Forbes:

Connecteam, whose app helps employers remotely manage deskless workers in industries such as retail and construction, raises $37M at a valuation of $100M+

Source: PR Newswire. More: FinSMEs, Tech.eu, and Globes Online

Joanna Ossinger / Bloomberg:

Report: Bitcoin accounts for ~46% of total crypto market value of $2.3T, down from ~70% at the start of the year; Ether, which rose to $3K on Monday is at ~15%

More: CNET, CoinDesk, CoinDesk, and Cryptonews

Tweets: @tracyalloway and @czechboy0

Meir Orbach / CTech:

Israeli startup Locusview raises $64M Series A for its digital construction management suite that helps companies manage infrastructure capital projects

More: Globes Online

Catherine Shu / TechCrunch:

Bibit, which runs robo-advisor services for mutual funds and invests users' money based on their risk profiles, raises $65M led by Sequoia Capital India

More: Tech in Asia and KrASIA

New York Times:

SensorTower data shows Clubhouse has been downloaded 1.1M times in the Middle East, where its users see it as an open forum to discuss politics and taboo issues

Tweets: @abdu, @curdistani, @nytimes, @freddydeknatel, @mairavz, @asadabukhalil, @shahselbe, @farnazfassihi, @evelyndouek, @rickgladstone, and @naderalihashemi

Sam Goldheart / iFixit News:

Teardown of Apple's AirTag: it has a magnet to turn its body into a speaker driver, but still has a more compact design than the Tile Mate or Galaxy SmartTag

More: iThinkDifferent, Engadget, The Verge, TechSpot, Gizmodo, The Overspill, SlashGear, Wccftech, iPhone in Canada Blog, AppleInsider, MacRumors, and Pocketnow

Tweets: @zcichy, @arnoldkim, @snazzyq, @braydonstachel, @l0vetodream, @snazzyq, @glennf, @glennf, @techaltar, and @backlon

Earlier Picks

Reuters:

Intel says it will invest another $600M in Israel, primarily to expand its Mobileye R&D, and confirms it is spending $10B on a new chip plant there

More: iTnews, CNET, Gizchina, Tom's Hardware, SiliconANGLE, VentureBeat, and Tech News

Laurens Cerulus / Politico:

Critics say the EU should focus on producing older generations of chips instead of making big plans to invest billions of euros into cutting-edge chip-making

Tweets: @nicholasvinocur, @adam_tooze, @adam_tooze, @politicoeurope, @laurenscerulus, and @joelbasson

Doug Kramer / The Cloudflare Blog:

Cloudflare, which was sued by “patent troll” Sable Networks, is offering a $100K bounty to those who can find evidence of prior art on Sable Networks' patents

More: Techdirt, The Register, and TechCrunch

Tweets: @eastdakota, @jason, @bgurley, @paulg, @jrichlive, @kennethn, @jgarzik, @zacharykimball, @tmychow, @scottmcgrew, @saarw, @scriptjunkie1, @cloudflare, @eff, and @marypcbuk

Anthony Ha / TechCrunch:

Helsinki-based Yousician, which claims to have 20M MAUs across its music education app and guitar tuning app, raises $28M Series B led by True Ventures

Source: PR Newswire. More: Music Ally, Music Business Worldwide, ArcticStartup, FinSMEs, and EU-Startups

Tweets: @miikahuttunen, @timomj, @smolaholic, @scholaraudition, @trueventures, and @pvesterbacka

Monica Chin / The Verge:

Members of the Linux developer community reflect on “hypocrite commits” research, which got University of Minnesota banned from contributing to the Linux kernel

Tweets: @thehackersnews, @physicsteo, @ebomike, and @reckless

Anton Shilov / Tom's Hardware:

Researchers find new exploit leaving all modern AMD and Intel processors with micro-op caches defenseless to Spectre threat, in spite of all current mitigations

Source: University of Virginia School …. More: Engadget, SiliconANGLE, iTnews, TechSpot, Phoronix, and HotHardware.com News

Tweets: @alspeirs, @paulrteich, @weldpond, and @p3b7_

Alyse Stanley / Gizmodo:

After an investigation found 800+ Etsy listings for weapons, porn, other items violating its policies, Etsy says it'll invest ~$40M in policy enforcement in '21

Source: Etsy Blog. More: Engadget

Tweets: @techinsider, @techinsider, @techinsider, @techinsider, @techinsider, @techinsider, @techinsider, @robaeprice, @robaeprice, @lexnfx, and @robaeprice