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June 10, 2021, 7:25 PM
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Joseph Cox / VICE:
EA confirms that it has suffered a data breach, after hackers claim they have 780GB of data, including source code for FIFA 21 and the Frostbite engine  —  The data includes source code for FIFA 21 and the Frostbite engine.  —  Joseph Cox  —  Hackers have broken into gaming giant Electronic Arts …
Sami Fathi / MacRumors:
Dark Sky, acquired by Apple last year, says it will shut down its API and iOS and web apps at the end of 2022, after Apple announced an updated Weather app  —  Last year, Apple acquired the weather app Dark Sky, and shortly after its purchase, Apple shut down the app for Android.
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 on Thursday announced plans to expand its Xbox Game Pass subscription service to many more screens …
Mark Gurman / Bloomberg:
Apple has hired Ulrich Kranz in recent weeks to help lead its work on an electric car; Kranz ran development of the BMW i3 and i8  —  - Ulrich Kranz also co-founded autonomous auto startup Canoo  — Apple is in early stages of building self-driving vehicle
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 …
New York Times:
Netflix launches an online store with Shopify, featuring merch tied to its shows, expanding its retail business which includes deals with Walmart and others  —  You streamed it.  Now you can buy it at Netflix.shop, a new site that will offer everything from a “Lupin” side table to a “Yasuke” clock.
Leah Nylen / Politico:
Sources: House Democrats will introduce five bills to limit anticompetitive practices of Amazon, Apple, Google, Facebook, and others as soon as this week  —  House Democrats are set to introduce a package of five bills as soon as this week that would prohibit tech giants like Apple, Amazon …
Jack Morse / Mashable:
Twitter says it will add a newsletter subscribe button to user profiles in the coming weeks, available to those with a Revue account; Twitter will take a 5% cut  —  Newsletters are coming to a Twitter profile near you.  Or, at least the chance to sign up for them is.
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.
Bloomberg:
Sources: Intel offered to acquire SiFive, which designs chips that are based on the RISC-V architecture, for more than $2B  —  - Intel offered to acquire SiFive for more than $2 billion  — Talks are early and SiFive could chose to remain independent  —  SiFive Inc., a startup …
Kurt Schlosser / GeekWire:
In an internal memo, Amazon adjusts return-to-office guidance and says it will allow corporate employees to work remotely up to two days per week  —  Amazon has adjusted its return-to-work plans for corporate employees, issuing new guidance on Thursday that will allow for a mix of remote and in-person work.
Stephen Shankland / CNET:
Apple demos passkeys, to let users set up accounts with just Face ID or Touch ID, joining Microsoft and Google in advocating for passwordless authentication  —  Apple has begun testing passkeys, a new authentication technology it says are as easy to use as passwords but vastly more secure.
Sarah Perez / TechCrunch:
Facebook adds Venmo-like QR codes to Messenger for peer-to-peer payments in the US, alongside a new Quick Reply bar and other updates  —  This spring, Facebook confirmed it was testing Venmo-like QR codes for person-to-person payments inside its app in the U.S. Today, the company announced …
Andrew Asmakov / Decrypt:
Ledger, best known for its Nano series of cryptocurrency hardware wallets, raises $380M Series C at a valuation of $1.5B  —  French crypto hardware wallet manufacturer Ledger has raised $380 million in a Series C fundraising round led by Dan Tapiero's 10T Holdings.
Sarah Perez / TechCrunch:
Apple announces StoreKit 2, simplifying App Store subscriptions and refunds by making them accessible inside apps  —  If you've ever bought a subscription inside an iOS app and later decided you wanted to cancel, upgrade or downgrade, or ask for a refund, you may have had trouble figuring …
Catalin Cimpanu / The Record:
US DOJ says it seized the servers and domains of SlilPP, a marketplace for stolen login credentials, in a joint operation with Germany, Netherlands, and Romania  —  The US Department of Justice announced today it seized the servers and domains of SlilPP, a well-known online marketplace …
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 …
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 …
Wall Street Journal:
A look at the ruthless Eastern European ransomware gang Ryuk, which hit 235+ US hospitals since 2018 and collected an estimated $100M in ransom last year  —  An Eastern European group known as Ryuk has hit at least 235 U.S. facilities; ‘they do not care’ about risk to patients
Jane Lee / Reuters:
Online wholesale marketplace Faire, aimed at small retailers and brands, raises $260M led by Sequoia Capital at a $7B valuation  —  Online wholesale marketplace Faire said on Thursday it raised $260 million in its latest funding round and is now valued at $7 billion, thanks to the fast growth in e-commerce following the pandemic.
Matthew Gault / VICE:
NY Senate becomes the first legislative body in the US to pass right to repair legislation for electronics; the bill still has to pass the NY Assembly  —  The legislation still has to pass the Assembly, but the Senate became the first legislative body in the US to pass a bill that would make it easier to fix your things.
Ari Levy / CNBC:
Workplace collaboration company monday.com closed up 15% in its Nasdaq debut Thursday, after raising $574M in its IPO, giving it a market cap of ~$7.82B  —  - Zoom and Salesforce each invested $75 million into Monday.com's IPO.  — The company went public at $155 a share, and the stock closed on Thursday at $178.87.
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 …
Gillian Tan / Bloomberg:
Cerebral, which provides counseling, medication, and other mental health services through an app, raises $127M led by Access Industries at a $1.23B valuation  —  - Billionaire Len Blavatnik's Access Industries led new round  — Silver Lake Waterman, Bill Ackman, Chris Burch among investors

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More News

Alex Konrad / Forbes:
Homebrew's Satya Patel and Hunter Walk team up with 8 VCs to launch Screendoor, a $50M fund to back up to 15 underrepresented investors raising their first fund
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

Earlier Picks

Anne Tergesen / Wall Street Journal:
Coinbase teams up with 401(k) provider ForUsAll to let employees at participating companies invest up to 5% of their 401(k) contributions in cryptocurrency
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
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