| 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 … | 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 … | 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: |
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.| 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 … | 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.| 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 … | 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 — Covering venture capital, software and startups — Would-be venture capitalists looking to raise a fund for the first time often face … | 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 … | 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.| 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 … | 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 … | 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 … | 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 … | 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 … | 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 — Workers at participating companies could invest up to 5% of their account balances in cryptocurrency| Jane Wakefield / BBC: |
Deliveroo is partnering with Neighbourhood Watch in the UK to offer training to its couriers to keep an eye out for crimes — Food delivery service Deliveroo is partnering with Neighbourhood Watch in the UK to offer training to its couriers to keep an eye out for crimes.| 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.| 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 … | 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 … | 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.| 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 … | 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.
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| Sean Hollister / The Verge: |
| Nikki Sun / Nikkei Asia: |
| Salvador Rodriguez / CNBC: |
| Megan Graham / CNBC: |