| New York Times: |
Biden names Lina Khan, an antitrust expert who wrote the “Amazon Antitrust Paradox”, as FTC chair, after the Senate voted 69-28 to confirm her as commissioner — Ms. Khan, who first attracted notice as a critic of Amazon, was confirmed by the Senate as a commissioner on the agency on Tuesday.| Rolfe Winkler / Wall Street Journal: |
Sources: some of Apple's healthcare efforts, including a pilot primary healthcare service with Apple-employed doctors, have stalled due to internal concerns — Tech giant has envisioned hiring doctors to offer primary care, now focused on Watch — Apple Inc. Chief Executive Tim Cook … | Bloomberg: |
Japan Display, which sold its smartphone screen factory last year, is pivoting to VR; LCDs are projected to dominate the VR headset market over the next 5 years — - Superseded on mobile, LCDs can better compete with OLED in VR — JDI believes headset business could grow into a linchpin| Sarah Perez / TechCrunch: |
Spotify launches Spotify Greenroom, a new app that allows Spotify users worldwide to join or host live audio rooms, and turn those conversations into podcasts — In March, Spotify announced it was acquiring the company behind the sports-focused audio app Locker Room to help speed its entry into the live audio market.| Mitchell Clark / The Verge: |
Google unveils features for Android including end-to-end encryption for RCS-based one-to-one chats in Messages, starred messages, emoji mashup suggestions, more — Earthquake Alerts in more places and better accessibility — Google has announced seven new features for Android … | Tom Warren / The Verge: |
Ahead of Microsoft's event to unveil the next gen of Windows, a Windows 11 build leaks, showing a revamped UI, like a new taskbar with centered app icons, more — Screenshots have leaked online — Screenshots of Microsoft's upcoming Windows 11 operating system have appeared online today.| Lauren Feiner / CNBC: |
Waymo raises $2.5B from Alphabet, a16z, Tiger Global, and others, to advance its autonomous driving tech and grow its team — - Google sibling company Waymo announced a $2.5 billion investment round Wednesday, which will go toward advancing its autonomous driving technology and growing its team.| Mitchell Clark / The Verge: |
Mark Zuckerberg says the original Oculus Quest will receive Air Link support in a post about the upcoming v30 update for Quest — He also showed off multitasking in VR — Owners of the original Oculus Quest will get the ability to stream from their PCs to their headsets wirelessly … | Ben Thompson / Stratechery: |
Overview of House lawmakers' recent antitrust-focused bills, which target consumer tech giants, vary in radicalness, and at times conflict with each other — From the Wall Street Journal: — These bills are the ultimate outcome of the House Subcommittee on Antitrust's investigation … | Ingrid Lunden / TechCrunch: |
Novo, a neobank targeting small businesses, raises $40.7M Series A led by Valar Ventures — Small businesses have traditionally been underserved when it comes to IT — they are too big and have too many requirements that can't be met by consumer products, yet are much too small to afford … | David Cohen / Adweek: |
The Oversight Board accepts its first policy advisory opinion request from Facebook, on the sharing of private residential info, issues call for public comments — It involves how it should handle private residential information| Wall Street Journal: |
Alibaba's Taobao was clandestinely scraped by a web crawler for 8 months, leading to a leak of 1.1B pieces of user data, including user IDs and phone numbers — Software developer scrapes 1.1 billion pieces of user data, including IDs and phone numbers, over eight months| Anna Edgerton / Bloomberg: |
At a Senate antitrust hearing, Amazon and Google defended their smart home device businesses from criticism by Democrats and Republicans — Alphabet Inc.'s Google and Amazon.com Inc. defended their smart-speaker businesses as U.S. senators warned the grip the companies have over the market could harm competition and consumer privacy.| Alex Hern / The Guardian: |
Amazon blames social media companies for its failure to remove fake reviews, saying they are slow to act when warned about such reviews — Firm says sites are slow to act when warned that fake reviews are being solicited on their platforms — Amazon has blamed social media companies … | Daphne Leprince-Ringuet / ZDNet: |
IBM unveils the Quantum System One, its first quantum computer physically built outside of the US, in Germany in partnership with research institute Fraunhofer — Big Blue has, for the first time, built a quantum computer that is not physically located in its US data centers.| Paul Sawers / VentureBeat: |
BrowserStack, a cross-browser website testing service for DevOps, raises $200M Series B led by BOND, at a $4B valuation — Elevate your enterprise data technology and strategy at Transform 2021. — BrowserStack, a website testing platform for developer operations (DevOps) teams … | Sohee Kim / Bloomberg: |
Krafton, the company behind popular game PUBG and backed by Tencent, files for an IPO in South Korea, seeking to raise as much as $5B — - Krafton is selling shares between 458,000 won and 557,000 won — Company will have to prove it's more than a one-hit wonder| Dieter Bohn / The Verge: |
After years of pop-up experiments, Google says its first retail store, located in the Chelsea neighborhood of NYC, will open on June 17 — Pixel, Nest, Fitbit, and third-party accessories will be on sale — After years of pop-up experiments, Google is finally dipping its toes … | Jon Porter / The Verge: |
Honor says Google apps will return to its phones, starting with the 50 series, announced in China today, after Huawei sold off the brand at the end of last year — Officially announced today in China — The Honor 50 series will be able to ship with Google's apps and services … | Michael Wayland / CNBC: |
GM says it will spend $35B through 2025 on electric and autonomous vehicles, a 30% increase from earlier plans — - GM will increase spending on electric and autonomous vehicles to $35 billion through 2025, a 30% increase from plans announced late last year.| Sarah Frier / Bloomberg: |
Mark Zuckerberg drops off Glassdoor's Top 100 CEOs list for the first time since 2013, as worker sentiment declines, especially during last months of 2020 — - Co-founder fails to make Top 100 for first time since 2013 — Glassdoor ranks company leaders based on employee surveys| Bloomberg: |
Amazon's planned new African HQ, located in Cape Town, has met with fierce resistance and protests by indigenous people, with 50,000 objections — - Khoisan group trying to stop building of $291 million project — City of Cape Town says venture will add jobs, boost economy| Kyle Wiggers / VentureBeat: |
Introhive, which offers SaaS tools to automate CRM, raises $100M Series C led by equity firm PSG, bringing its total raised to $140M+ — Elevate your enterprise data technology and strategy at Transform 2021. — Introhive, a software-as-a-service (SaaS) customer relationship management … | Ryan Browne / CNBC: |
Analysis: total NFT sales reached $2B in Q1 2021, with a seven-day peak of $176M on May 9, but have fallen in recent weeks, with sales of $8.7M on June 15 — - Sales of digital collectibles known as non-fungible tokens have fallen dramatically in recent weeks.| Ingrid Lunden / TechCrunch: |
Bringg, which builds software to help retailers with last-mile logistics, raises $100M Series E led by Insight Partners at a $1B valuation — With many consumers making the switch to online shopping in the last year due to Covid-19 and largely staying active on those platforms …
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