| CNBC: |
JBS, the world's top meatpacker, is hit by a ransomware attack, leading it to pause its Australian operations, livestock slaughter in many US states, and more — - The attack caused JBS's Australian operations to shut down on Monday. The company, the world's largest meatpacker, said it was working to resolve the incident.| 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 … | 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.| Stephen Nellis / Reuters: |
A CA court dismissed bribery charges against Apple's security chief Thomas Moyer, saying accusation of iPad donations for gun permits was “pure speculation” — A court in California on Tuesday dismissed bribery charges against Apple Inc's (AAPL.O) security chief … | Elizabeth Paton / New York Times: |
Etsy says it is buying the 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 by Generation Z … | Nikkei Asia: |
Analysis: Apple had more suppliers in China than any other country including Taiwan in 2020; number of Apple suppliers in US also slid despite Trump's trade war — Number of US companies in supply chain also slides despite Trump's trade war — TAIPEI — China now boasts more Apple suppliers … | Thomas Brewster / Forbes: |
Researcher finds that Alibaba-owned UC Browser app on iOS and Android sends information on every website a user visits to UCWeb servers, even in incognito mode — If you went to download Alibaba-owned app UC Browser this month, whether from Google's Android Play store or Apple's iOS App Store … | Daphne Leprince-Ringuet / ZDNet: |
TrendForce report: the combined revenue of the top 10 foundries, which make silicon wafers for semiconductors, reached a record-high of $22.75B in Q1 2021 — A new report shows that in the face of unprecedented demand, chip manufacturers are increasing the price of wafers, leading to exceptional revenues across the industry.| Reuters: |
TSMC has started construction on its 5nm semiconductor factory in Arizona and says 3nm production in Taiwan is on track to start volume production in H2 2022 — Construction has started at a site in Arizona where Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) (TSMC) … | Selena Deckelmann / The Mozilla Blog: |
Mozilla updates Firefox desktop and mobile apps with a revamped design, details the data-driven process used to guide the creation of the new streamlined look — We set out in 2021 to reimagine Firefox's design to be fast, modern and inviting the first time you run it and every day after.| Ingrid Lunden / TechCrunch: |
Cognigy, which offers a low-code conversational AI platform for businesses to create text and voice virtual agents, raises $44M Series B led by Insight Partners — Artificial intelligence is becoming an increasingly common part of how customer service works — a trend that was accelerated … | Kim Lyons / The Verge: |
Twitter says it will start adding full-screen ads to Fleets, supporting images and videos that can be up to 30 seconds long, initially in US on iOS and Android — A handful of advertisers will begin testing the format Tuesday — Twitter said Tuesday it will start adding full-screen ads to Fleets … | The Hill: |
A Pentagon audit from May cleared the use of two DJI drones built for government use, after the Interior Dept. grounded its fleet of China-made drones in Jan. — Two drone models made by China's largest manufacturer have been cleared for use by a Pentagon audit, according to a report summary obtained by The Hill.| 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.| Lorenzo Franceschi-Bicchierai / VICE: |
Inside the Chicken Drumstick video game cheating empire, which made ~$77M from selling cheats for PUBG Mobile before Chinese police and Tencent busted the ring — The cheat-making group known as “Chicken Drumstick” made more than $70 million selling cheats for PUBG Mobile. This is the story of its rise and fall.| Sara Randazzo / Wall Street Journal: |
Amazon quietly changed its terms of service to let customers file lawsuits against it, after facing over 75K arbitration demands from Echo users — The retail giant is no longer steering customers away from the court system, as companies scramble to find ways to avoid lawyers who file mass-arbitration claims| Manish Singh / TechCrunch: |
Locus, which uses AI to help businesses map out their logistics, raises $50M Series C led by Singapore's GIC, source says at a $300M valuation — Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to expand its presence.| 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.| Rest of World: |
How Twitter, which partnered with India's BJP on an e-governance tool, ended up in BJP's crosshairs as the party went on the defensive against online criticism — Last week's police raids on Twitter's offices in Delhi mark a low point for the platform. — • BANGALORE, INDIA| Jordan Novet / CNBC: |
Zoom reports Q1 rev. of $956.2M, up 191% YoY, vs $906M est., and sees 50% revenue growth for the full fiscal year as expansion falls from pandemic-fueled 2020 — - Zoom's results exceeded estimates across the board. — The company now sees 50% revenue growth for the full fiscal year … | Nat Rubio-Licht / Los Angeles Business Journal: |
Red 6, which is developing an AI-powered AR system for airborne military combat training, raises $30M Series A led by Snowpoint at a $130M post-money valuation — Santa Monica-based Red Six Aerospace Inc. closed a $30 Million Series A round to fund the company's augmented reality training technology.
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| Jon Swartz / MarketWatch: |
| Jessica Bursztynsky / CNBC: |
| Nilay Patel / The Verge: |
| Sean Hollister / The Verge: |
| Jonathan Levin / Bloomberg: |
| The Coinbase Blog: |
| Rachel Monroe / New Yorker: |
| Washington Post: |
| S. Shah / Engadget: |
| Tom Warren / The Verge: |