| Nick Statt / Protocol: |
Microsoft says it will soon launch a dedicated device for game streaming and is working with TV manufacturers to expand Xbox Game Pass subscription to smart TVs — Microsoft wants to bring its gaming subscription service to way more screens using the cloud.| Jacob Bunge / Wall Street Journal: |
JBS says it paid an $11M ransom in bitcoin to resolve an attack last week; the payment was made after most plants were operational to avoid further disruption — Meat supplier's U.S. chief says firm paid cybercriminals in bitcoin to avoid more disruptions — JBS USA Holdings Inc. paid … | New York Times: |
Google plans to change its search algorithm to prevent sites that extort people to remove slanderous content from appearing in search results for people's names — In response to Times articles, the search giant is changing its algorithm, part of a major shift in how Google polices harmful content.| Mary Ann Azevedo / TechCrunch: |
Klarna raises $639M led by SoftBank's Vision Fund 2 at a $45.6B post-money valuation, up 47.3% from its $31B valuation in early March when it raised $1B — Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million … | Ingrid Lunden / TechCrunch: |
Stripe launches Stripe Tax, which will provide automatic, updated sales tax calculations and related accounting services to customers in US and ~30 countries — On the heels of acquiring sales tax specialist TaxJar in April, today Stripe is making another big move in the area of tax.| Jacob Kastrenakes / The Verge: |
Founders of Fanhouse, an OnlyFans-like platform, say Apple is demanding they start paying “30% of creator earnings” by August or be removed from the App Store — Fanhouse wants to keep sending 90 percent of payments to creators — Apple is clashing with the platform Fanhouse … | Steve Dent / Engadget: |
NMPA files a $200M lawsuit against Roblox for alleged music copyright infringement, and launches a “major ramp-up” of its takedown campaign against Twitch — The National Music Publishers' Association (NMPA) has filed a $200 million lawsuit against Roblox for allowing the illegal use … | Sam Schechner / Wall Street Journal: |
Sources: an EU regulator is proposing sanctioning Amazon's privacy practices with a fine of $425M+, which could yield the biggest GDPR fine yet — Case relates to alleged violations of Europe's General Data Protection Regulation — A European Union privacy regulator has proposed a fine … | Sam Byford / The Verge: |
Samsung unveils a 50-megapixel sensor with pixels just 0.64μm in size, the smallest in the industry, that it says can be used in ultrawide or telephoto modules — The ISOCELL JN1 has 50 million 0.64μm pixels, the smallest size in the industry — Samsung has announced a new image sensor … | Andrew Asmakov / Decrypt: |
Ledger, best known for its Nano series of cryptocurrency hardware wallets, raises $380M Series C at a valuation of $1.5B — Ledger has completed a $380 million Series C investment round, placing the company's implied valuation at more than $1.5 billion. — In brief| Alex Konrad / Forbes: |
Alexis Ohanian's new VC firm Seven Seven Six raises $150M for its first fund and says it targeted a base of 50% women and 15% Black or indigenous investors — Covering venture capital, software and startups — Plenty of venture capital shops have built software to support their startup investing before … | Arjun Kharpal / CNBC: |
El Salvador becomes the first country to adopt bitcoin as legal tender after lawmakers voted by a “supermajority” in favor of its new Bitcoin Law — - El Salvador's has become the first country to adopt bitcoin as legal tender. — Lawmakers in the South American country's Congress voted … | Anne Tergesen / Wall Street Journal: |
Coinbase teams up with a 401(k) provider ForUsAll to let employees at participating companies invest up to 5% of their 401(k) contributions in cryptocurrency — Workers at participating companies could invest up to 5% of their account balances in cryptocurrency| Reuters: |
Central banks of Switzerland and France trial Europe's first cross-border digital currency payments, focusing on the bank-to-bank wholesale lending market — ZURICH/LONDON (Reuters) - The Swiss National Bank and the Bank of France will trial Europe's first cross-border central bank digital currency payments … | Romain Dillet / TechCrunch: |
French startup Yousign, a DocuSign-rival that provides an e-signature service targeting European SMBs, raises €30M Series A led by Lead Edge Capital — French startup Yousign has raised a $36.6 million Series A funding round (€30 million). Lead Edge Capital is leading the round … | Nick Paton Walsh / CNN: |
EU says there were 304 malicious attacks against “critical sectors” in 2020, more then double the 146 recorded in 2019, with a 47% rise in attacks on hospitals — Study: Cyberattacks on critical sectors doubled in Europe in pandemic — (CNN)Significant cyberattacks attacks … | Andrew B. Kahng / Nature: |
Google researchers detail an AI system that outperforms humans in designing floorplans for microchips, promising better and more-rapidly produced chip designs — Andrew B. Kahng is in the Department of Computer Science and Engineering, and in the Department of Electrical and Computer Engineering … | Chris Metinko / Crunchbase News: |
Prefect, whose dataflow automation service allows companies to streamline workflows and schedule when apps run, raises $32M Series B led by Tiger Global — Washington, D.C.-based Prefect closed a $32 million Series B led by Tiger Global Management to help eliminate data flow problems for companies' data teams.| Financial Times: |
Sources: UK's competition watchdog is planning a formal investigation into Amazon, mirroring the EU probe, over how it uses the data it collects — CMA likely to follow EU's lead in investigating whether online retailer unfairly advances its own products — The UK's competition watchdog … | Makena Kelly / The Verge: |
Biden signs an EO revoking the Trump-era bans on TikTok and WeChat and says his commerce secretary will investigate any risks to national security and privacy — But the apps still aren't out of hot water — President Joe Biden signed an executive order Wednesday revoking the Trump-era bans on TikTok and WeChat.| David Pan / CoinDesk: |
China says its police have arrested 1,100+ people on crypto-related money laundering charges amid a nationwide crackdown on activities related to telecom fraud — This is the fifth round of a nationwide crackdown on money-laundering activities related to telecom fraud in China, dubbed “Operation Card Breaking.”| Megan Graham / CNBC: |
Facebook says global ads chief Carolyn Everson is leaving after more than a decade; Everson was a liaison to big marketers during major controversies — - Facebook global ads chief Carolyn Everson is departing the company. — Facebook is an advertising giant that is expected to command nearly … | Manish Singh / TechCrunch: |
Tata Digital says it is acquiring a majority stake in Indian online pharmacy startup 1mg; source: Tata acquired about 55% stake at a valuation of around $450M — Tata Digital, the subsidiary of Tata Sons, said on Thursday it is acquiring a majority stake in digital health startup 1mg … | Reuters: |
Twitter names new board member to replace Elliott Management's Jesse Cohn, who was appointed to the board in March 2020 as part of a deal to keep Dorsey as CEO — Twitter Inc (TWTR.N) on Wednesday appointed development finance executive Mimi Alemayehou to its board of directors …
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