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June 2, 2021, 6:20 PM
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| Ben Dummett / Wall Street Journal: |
Stack Overflow, which has 100M+ monthly visitors, says it will be acquired by Prosus, a European tech giant and Tencent's largest shareholder, for $1.8B — Deal is Prosus' biggest investment in online learning and comes weeks after it sold a chunk from its massive Tencent holding
More:
Joel on Software, The Register, Prosus, TechCrunch, ZDNet, Stack Overflow Blog, SiliconANGLE, Michael Tsai, Adafruit Industries, and Slashdot
Tweets: @brento, @tomazstolfa, @vzverovich, @matthew_barlowe, @codinghorror, @isforat, @tedgoas, @vboykis, @developerayo, @thomasforth, @hyc_symas, @spolsky, @ricmac, @hhariri, @spolsky, @dev__adi, @counternotions, @stackoverflow, @stshank, @marshallk, @codinghorror, @jsphctrl, @kcpike, @film_girl, and @bijan
| Tom Warren / The Verge: |
Microsoft will detail its “next generation of Windows” at an event on June 24, with significant changes, including visual enhancements, expected — A special Windows event is coming later this month — Microsoft is planning to detail its “next generation of Windows” at an event later this month.
More:
microsoft.com, PCMag, Windows Central, mobilesyrup.com, BetaNews, Tom's Hardware, Axios, HotHardware.com News, Engadget, BGR, ZDNet, GeekWire, MUO, Thurrott, and CNBC
Tweets: @windows, @daniel_rubino, @invoxiplaygames, @nintyprime, @punisheddelta, @neogamespark, @gleed729, @wsjudd, @trigg3r__h4ppy, @paulstorms, and @tomwarren
| Ingrid Lunden / TechCrunch: |
Facebook says it will open the Messenger API for Instagram to all businesses, after announcing a closed beta in October 2020 — F8 Refresh, Facebook's annual developer conference with a new twist — it's more pared down than in years past, and virtual — is going to be kicking off later today …
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About Facebook, 9to5Mac, iThinkDifferent, TechCrunch, AppleInsider, CNET, FinSMEs, Messenger News, Facebook Developers, ZDNet, Social Media Today, SiliconANGLE, SD Times, CNET, TechRepublic, Livemint, Engadget, and Adweek
Tweets: @alexvoica, @benasmith, and @alexvoica
| Kevin Breuninger / CNBC: |
A spokesperson for Donald Trump says his blog, used to share statements after he was banned on Facebook and Twitter, has been permanently shut down — - Former President Donald Trump's blog has been permanently shut down. — The page, “From the Desk of Donald J. Trump,” …
More:
Washington Post, CNN, Vox, Techdirt, MUO, Input, The Verge, and PCMag
Tweets: @eugene_scott, @alistaircoleman, @atrupar, @kylegriffin1, @hemantmehta, @hutchinson, @drewharwell, @atrupar, @seungminkim, @christinawilkie, @alexthomas, @maggienyt, @jyarow, @jessehawken, @hunterwalk, @jyarow, @mollyjongfast, @rsg, @qjurecic, @silviakillings, @meridithmcgraw, @frankluntz, @drewharwell, @campuscodi, @allahpundit, @rstephens, @lisamirandocnn, and @cwarzel
| Elizabeth Paton / New York Times: |
Etsy says it is buying the London-based fashion resale app Depop, popular with Gen Z, for $1.6B in an all-cash deal — The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic. — Depop, the fashion resale marketplace beloved …
More:
New York Times, PR Newswire, Financial Times, TechCrunch, CNET, Reuters, Tech.eu, Protocol, Vox, CNBC, TechSpot, Financial Times, New York Business Journal, Tamebay, Tech.eu, PYMNTS.com, The Business of Fashion, Input, Bloomberg, Engadget, Silicon Canals, Neowin, chainstoreage.com, The Verge, and Reuters
Tweets: @collision, @alexia, @wblau, @jpwiseuk, @annacafolla, @etsy, and @lizziepaton
| Ashley Carman / The Verge: |
Spotify announces Only You, which gives users personalized playlists and insights based on habits, and Blend, letting two friends merge tastes in a playlist — Spotify loves when people share its annual Wrapped music breakdown on social media, so it's making that more of a year-round treat.| Juli Clover / MacRumors: |
An Apple-commissioned study says the App Store ecosystem facilitated ~$643B in billings and sales globally in 2020, up 24% YoY — The App Store ecosystem facilitated an estimated $643 billion in billings and sales in 2020, an increase of 24 percent year-over-year, according …
More:
Apple, 9to5Mac, PYMNTS.com, Analysis Group, CNET, TechCrunch, AppleInsider, Patently Apple, CNBC, iDownloadBlog.com, iMore, and Michael Tsai. Tweets: @alex
| Arjun Kharpal / CNBC: |
Huawei details HarmonyOS, designed to run across multiple devices, coming to Mate 40 and foldable Mate X2 smartphones, Watch Series 3, and MatePad Pro tablet — - Huawei has launched HarmonyOS on its flagship Mate 40 and foldable Mate X2 smartphones, the Watch Series 3 smartwatch and MatePad Pro tablet.
More:
The Verge, 9to5Google, The Verge, Engadget, The Economic Times, Bloomberg, MacDailyNews, ZDNet, Gizmodo, TechCrunch, Trusted Reviews, Android Headlines, MacRumors, The Verge, CNET, The Verge, 9to5Google, and Wall Street Journal
Tweets: @pierce, @dcseifert, @nexusben, @dcseifert, and @ronamadeo
| Mark Gurman / Bloomberg: |
Source: Apple has lost at least three top managers of its self-driving car team in recent months — - Company sees at least three departures from top of car group — Apple has begun early work on an autonomous electric vehicle — Apple Inc. has lost multiple top managers …
More:
Silicon Valley Business …, Gizmodo, Redmond Pie, Wccftech, iPhone in Canada Blog, Philip Elmer‑DeWitt, 9to5Mac, Slashdot, Neowin, MacDailyNews, iDownloadBlog.com, AppleInsider, MacRumors, and iPhone Hacks
Tweets: @markgurman, @robinwauters, @tgmason, and @carnage4life
| Yaron Steinbuch / New York Post: |
In an email to Jewish employees, Google diversity strategy lead Kamau Bobb apologizes for a 2007 post in which he said Jews have “insatiable appetite for war” — Google's head of diversity strategy is under fire over a 2007 blog post in which he wrote that Jews have …
More:
Washington Free Beacon, The Times of Israel, Jewish Journal, Telegraph, The Times of Israel, The Times of Israel, and Daily Mail
Tweets: @stopantisemites, @kennethbaer, @brianfagioli, @adamnash, @jasonrantz, @hopes_revenge, @michaelrapaport, @jeff_jacoby, @fredmenachem, @bnaibrith, @jgreenblattadl, @theview, @ighaworth, @simonwiesenthal, @michaeldickson, @k_aminthaabet, @antoniogm, @orenjacob, @ewerickson, @richardgrenell, @jewishspacelazr, and @josh_hammer
| Annie Palmer / CNBC: |
Amazon announces this year's Prime Day will take place on June 21 and 22, returning to its typical summertime slot — - Amazon's annual Prime Day event will take place June 21 and 22, the company announced Wednesday. — Prime Day is returning to its normal summertime slot after Amazon postponed …
More:
Business Wire, About Amazon, Laptop Mag, iMore, USA Today, Liliputing, CNET, iMore, Ars Technica, Variety, KnowTechie, CNET, Android Police, and Forbes
Tweets: @rmac18 and @amazonnews
| Wall Street Journal: |
Documents: SEC told Tesla last year that Elon Musk twice violated a court-ordered policy requiring his tweets be vetted by lawyers in 2019 and 2020 — SEC said Musk flouted court-ordered policy in 2019 and 2020, records show — WASHINGTON—Securities regulators told Tesla Inc. last year …
More:
Ars Technica, The Guardian, Observer, CNBC, Insider, The Register, The Hill, Decrypt, Vox, Coinspeaker, BBC, Protocol, Forbes, and Newser
Tweets: @wsj, @cgrantwsj, and @jowens510
| Zack Whittaker / TechCrunch: |
FireEye says it is selling its products business to PE firm Symphony Technology Group for $1.2B in cash; deal splits FireEye from digital forensics arm Mandiant — Cybersecurity giant FireEye has agreed to sell its products business to a consortium led by private equity firm Symphony Technology Group for $1.2 billion.
More:
ZDNet, CRN, Business Wire, CyberScoop, CNBC, MarketWatch, SC Media, and Dark Reading
Tweets: @fireeye, @quinnypig, @domchell, @voteblake, @find_evil, @taosecurity, and @kimzetter
| Michael Potuck / 9to5Mac: |
Apple's system status webpage indicates Apple Card outage has been resolved after roughly six hours of downtime; Apple says the outage impacted all users — Apple Card is seeing downtime this morning and Apple says the outage is impacting all users. — Update 12:19 pm PT …
More:
PYMNTS.com, SlashGear, MacRumors, CNET, AppleInsider, iDownloadBlog.com, iMore, The Verge, and Appleosophy
Tweets: @mclerran11, @zollotech, @jonyiveparody, and @macrumors
| Jem Aswad / Variety: |
YouTube says it has paid over $4B to the music industry in the last 12 months and has added more paid members in Q1 2021 than in any other quarter since launch — YouTube paid out more than $4 billion in royalties to artists, songwriters, and rights-holders, according to a new blog post … | Casey Newton / Platformer: |
Censorship is becoming a crisis for social networks, as governments crack down on dissent and corporate content moderation stifles more speech than intended — It's not just conservatives complaining any more. The crackdowns are real, and getting worse — 1 hr ago
Tweets: @danishacarter4, @martinsfp, @venkatananth, and @carnage4life
| Eduardo Porter / New York Times: |
Critics worry Biden's rural-first broadband strategy could leave urban America behind; 13.6M urban households don't have broadband vs. 4.6M rural households — Many more people in cities lack broadband access than in rural areas, but lawmakers are primarily focused on extending high-speed access to remote areas.| Tom Warren / The Verge: |
Nvidia GeForce RTX 3080 Ti review: very quiet, ideal for 1440p and 4K gaming, and DLSS is great, but expensive at $1,199, runs hot, and has a clunky adaptor — Nvidia goes back to 4K for more than $1K — Last year's Nvidia RTX 3080 was the first GPU to make 4K gaming finally feasible.
More:
Best Buy Corporate, CNET, Engadget, PC Gamer, PCWorld, VentureBeat, and Rock, Paper, Shotgun. Tweets: @tomwarren
| Alex Konrad / Forbes: |
Celonis, which helps companies run their business processes entirely on data and intelligence, raises $1B Series D, at a post-money valuation of $11B+ — Covering venture capital, software and startups — Celonis co-CEO Alexander Rinke sits in front of prints of Mick Jagger, Keith Richards and Bob Dylan, his favorite.| Katie Roof / Bloomberg: |
Shippo, a shipping software and services startup, raises $50M led by Bessemer at a $1B valuation — - Startup roughly doubled valuation from earlier this year — $50 million comes from existing investors led by Bessemer — Shipping startup Shippo is now valued at $1 billion amid a boom in e-commerce.
More:
PYMNTS.com
| Bloomberg: |
As Vietnam's e-commerce market is forecast to grow to $52B by 2025, a look at the local and foreign investors, like Alibaba and Amazon, vying for a foothold — - Startups focus on building loyalty among skeptical consumers — Nation's digital economy forecast to reach $52 billion by 2025
Tweets: @business
| Danny Crichton / TechCrunch: |
Pinwheel, which provides an API to help clients like neobanks connect to payroll systems, raises $20M Series A led by Coatue — One of the most strategically important financial relationships for neobanks is becoming the account destination for a user's paycheck.| Charles Duhigg / New Yorker: |
A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge — Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hype—but hype can be its own economic engine.
More:
New York Times. Tweets: @teddyschleifer, @tomi, @columbiasipa, @newyorker, @samidhas, @asheshbadani, @jessefelder, @katekelly, @themissal, @eliotwb, and @felixsalmon
| Christine Hall / Crunchbase News: |
Local food marketplace Shef raises $20M Series A led by a16z, after $8.8M seed in Aug. 2020, amid a push for legislation around home cooking in dozens of states — First-generation Americans Alvin Salehi and Joey Grassia tapped into their home-cooked meal backgrounds to create Shef.| Nikhilesh De / CoinDesk: |
Coinbase says Coinbase Pro users will be able to trade dogecoin starting Thursday “if liquidity conditions are met” — The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.
More:
The Coinbase Blog, Crypto Briefing, Coin Journal, TechSpot, InsideBitcoins.com, blockchain.news, and Ethereum World News. Tweets: @coinbasepro
| Katie Roof / Bloomberg: |
Seattle-based Outreach, which offers sales intelligence tools, raises $200M at a $4.2B valuation — - Seattle-based business has Adobe, Cisco, DoorDash as customers — $200 million investment includes Sequoia Capital, Tiger Global — Seattle-based Outreach, a startup that specializes … | Washington Post: |
Analysis of data from 5,411 warehouses in 2020 finds Amazon workers suffer serious injuries at nearly double the rate of workers at comparable companies — A Washington Post analysis of Occupational Safety and Health Administration data shows Amazon's serious injury rates are nearly double those at warehouses run by other companies.
More:
About Amazon, BBC, Strategic Organizing Center, The Verge, Insider, and The Register
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