| Thomas Franck / CNBC: |
US Treasury announces it will require any cryptocurrency transfers worth $10,000+ to be reported to the IRS, saying cryptocurrencies pose a tax evasion risk — - The Treasury Department announced that it will require any transfer worth $10,000 or more to be reported to the IRS.| Jason Rosenthal / The Keyword: |
Google is opening its first ever physical retail store in New York this summer, letting users buy Pixel phones, Nest products, Fitbit devices, more — Today, we're announcing our plans to open Google's first ever physical retail store, in one of the greatest cities in the world: New York.| Echo Wang / Reuters: |
ByteDance co-founder Zhang Yiming says he's stepping down as CEO to “daydream about what may be possible”; co-founder and HR head Liang Rubo will become new CEO — (Reuters) -Zhang Yiming, co-founder of TikTok owner ByteDance, told employees of the Chinese technology giant … | Wall Street Journal: |
Zhang Yiming follows other Chinese tech CEOs, including Ant's Simon Hu and Pinduoduo's Colin Huang, who quit recently amid increased scrutiny by China — Co-founder Liang Rubo to lead ByteDance, inheriting a company that is facing growing government pressure in China to stay in line| The Verge: |
Twitter is rolling out its new verification program, with revamped categories that include activists and journalists, and previews upcoming changes to profiles — It also previewed potential changes coming to profiles — Twitter is relaunching its public verification program, allowing anyone to apply for a coveted blue check mark.| Jacob Krol / CNN: |
Apple TV 4K (2021) review: faster than competition and the new Siri Remote is very good with an easy to use click wheel and power button, but is very expensive — Like the refresh of the iPad Pros, the updates to the Apple TV 4K are all internal, namely new hardware that leads to an overall speedier experience.| Ingrid Lunden / TechCrunch: |
Berlin-based Trade Republic, a zero-commission “neo-broker” app, raises $900M Series C led by Sequoia at a $5.3B valuation — Consumers are moving into investing to complement — or in some cases, offset — less good returns from things like traditional savings accounts … | Sara Morrison / Vox: |
A host on “safety alerts” app Citizen falsely accused a man of arson in CA in a broadcast sent to ~860K users, offering $30K for info; Citizen admits mistake — The public safety app's new feature accidentally harked back to its Vigilante roots.| Paul Sawers / VentureBeat: |
Pitch, which develops collaborative presentation software, raises $85M Series B led by Lakestar and Tiger Global — Elevate your enterprise data technology and strategy at Transform 2021. — Collaborative presentation platform Pitch today announced it has raised $85 million in a series B round … | Natasha Mascarenhas / TechCrunch: |
Maven, which helps professionals teach cohort-based classes, has raised $20M Series A led by Andreessen Horowitz — Maven, a startup that helps professionals teach cohort-based classes, has raised $20 million in a Series A round led by Andreessen Horowitz.| David Cohen / Adweek: |
Facebook launches a new Transparency Center, a site for info on its policies to tackle hate speech, says it now removes 97% of hate speech before it's reported — Facebook introduced its new Transparency Center Wednesday, billing it as a single destination for information on its integrity and transparency efforts.| Rebecca Klar / The Hill: |
FTC and six state AGs sue internet service provider Frontier for allegedly providing slower internet speeds than promised to 1.3M DSL customers across 25 states — Frontier Communications is accused of misrepresenting internet speeds it advertised and charged for, according to a lawsuit filed Wednesday … | Bloomberg: |
Figure, which uses blockchain tech to provide home equity loans, raises $200M at a valuation of $3.2B; Figure is founded by ex-SoFi CEO Mike Cagney — - Blockchain-based startup raised $200 million from investors — CEO Cagney says goal is for Provenance to supplant Ethereum| Juli Clover / MacRumors: |
Apple announces accessibility features, including background sounds to help maintain focus and calm, AssistiveTouch for Apple Watch, and iPad eye-tracking — Apple today announced the upcoming launch of several new accessibility features that are being added to its various products and services.| Mary Ann Azevedo / TechCrunch: |
Privacy.com, which offers APIs to issue virtual credit cards, rebrands as Lithic and raises $43M Series B led by Bessemer Venture Partners — When Privacy.com was founded in 2014, the company's focus was to let anyone generate virtual and disposable payment card numbers for free.| S. Shah / Engadget: |
Opera is testing its gaming-focused browser Opera GX on iOS and Android; Opera GX had 9M+ monthly active gamers across Windows and Mac as of March, up 190% YoY — desktop browser for gamers to further distinguish itself from Google Chrome. Over the following months and years … | Sarah Perez / TechCrunch: |
Spotify partners with Audible rival Storytel, allowing the latter's subscribers to listen to books on Spotify; Storytel has 500K titles and 1.6M subscribers — Spotify is further expanding into audiobooks — but not in the way you may think. The company today announced a new partnership … | Joan E. Solsman / CNET: |
WarnerMedia says HBO Max's cheaper, ad-supported tier will cost $10 per month and launch in the first week of June — HBO Max's cheaper, ad-supported tier will cost $10 a month and launch in the first week of June, WarnerMedia said Wednesday. It'll come the week after — possibly just days after … | Ian Sherr / CNET: |
During the Epic trial, Craig Federighi says malware on macOS has reached an “unacceptable” level and the problem is “significantly larger” than iOS — Apple's head of software engineering, Craig Federighi, said malware on Macs have hit “unacceptable” levels.| Sarah Perez / TechCrunch: |
TikTok launches tools to allow creators to bulk delete comments and block users — TikTok today is introducing a feature that will allow creators to deal with online abuse in an easier way. The company is launching new tools that will allow creators to bulk delete comments and block users … | Kyle Wiggers / VentureBeat: |
Immuta, which provides a cloud-native data governance software, raises $90M Series D, bringing its total raised to $169M — Elevate your enterprise data technology and strategy at Transform 2021. — Immuta, which provides a cloud-native data governance platform for organizations … | Sean Burch / The Wrap: |
Snap says Snapchat now has 500M MAUs, reaches 90% of 13-24-year-olds in the US, UK, France, and Australia, and grew 100%+ YoY for the last 5 quarters in India — Snap Inc. shared a few noteworthy stats during its third annual Partner Summit on Thursday, including that Snapchat is now used by more than 500 million people each month.
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