| 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.| 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 … | 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 … | CNN: |
Facebook Oversight Board says it will announce its decision on banning Trump at 9AM ET on Wednesday, after receiving 9,000+ responses — (CNN Business)The Facebook Oversight Board will announce its long-anticipated decision on the fate of former President Trump's Facebook account at 9 a.m. ET on Wednesday, it announced Monday morning.| 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...| Politico: |
Internal audit at Amazon warned execs in 2015 that 4,700 of its own sales staff had unauthorized access to third-party seller data and some had misused it — Internal report flagged lack of controls over access to seller data. — Amazon CEO Jeff Bezos told U.S. lawmakers last year … | 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 — - A new green cryptocurrency called Chia (XCH) is set to start trading on Monday, May 3. — Chia uses “proof of space” … | Irene Plagianos / Wall Street Journal: |
Study shows hiring for tech positions surpassed all other occupations, even healthcare jobs, in New York City between April and November 2020 — There were more openings for tech positions during the pandemic than for any other job in the city, a new study says| 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).| 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 … | Rolfe Winkler / Wall Street Journal: |
PitchBook: digital healthcare startups raised $7B in Q1, the highest in a decade; potential corporate customers say some services are overpriced and redundant — As investors pour money into health startups, customers press for price breaks and streamlining; ‘We are inundated’| 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 … | 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 …
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