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June 23, 2021, 1:45 AM
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| New York Times: |
Sources: Tim Cook warned Pelosi that proposed antitrust bills were rushed, could hurt innovation; Google, Facebook, Amazon say bills would hurt SMBs, consumers — Executives, lobbyists, and more than a dozen groups paid by Big Tech have tried to head off bipartisan support for six bills meant …
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Protocol, AppleInsider, Associated Press, New Yorker, The Verge, PYMNTS.com, Fox News, Philip Elmer‑DeWitt, AppleInsider, 9to5Mac, Gizmodo, Truth on the Market, and Philip Elmer‑DeWitt
Tweets: @repkenbuck, @birnbaum_e, @orientaljanedoe, @repkenbuck, @repkenbuck, @lascorbe, @parismarx, @mattgaetz, @orientaljanedoe, @repkenbuck, @davidcicilline, @reckless, @rachelbovard, @reckless, @repjayapal, @rachelbovard, @adamnash, @steven_aquino, @puiwingtam, @davidcicilline, @jason_kint, @jason_kint, @dmccabe, @jason_kint, @matthewstoller, @accountabletech, @kenvogel, @kenvogel, @orientaljanedoe, @kenvogel, and @jim_jordan
| Bloomberg: |
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CNBC, Seattle Business Journal, and GeekWire
Tweets: @lauren_feiner, @ronmknox, @jackyalcine, @dinabass, @jason_kint, @nycounihan, @rebeccamkern, @stevekovach, and @rebeccamkern
| Adi Robertson / The Verge: |
Twitter opens applications to test Ticketed Spaces and Super Follows for a small number of users, who will keep 97% of revenue after the IAP cut if making <$50K — Users initially keep 97 percent of their revenue — Twitter is opening applications for a limited test of its Super Follows and Ticketed Spaces features.
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Twitter Media, TechCrunch, Gizmodo, Mashable, FrontPageTech.com, Japan Today, Social Media Today, MUO, iPhone Hacks, Android Central, Engadget, USA Today, Variety, phonearena.com, 9to5Mac, Droid Life, CNET, and PYMNTS.com
Tweets: @twittermedia, @jacknicas, @chrismessina, @nbashaw, @stockmktnewz, @arainert, @chrismessina, @bdsams, @backlon, @dangillmor, @derella, @timothybucksf, @kirkburgess, @chrismessina, @seyitaylor, @keccers, @chrismessina, @mattnavarra, @wongmjane, @sminero, @kantrowitz, @can, @libshipwreck, @rsg, @carnage4life, @adriana_lacy, @twittermedia, and @mwirigi
| Natasha Lomas / TechCrunch: |
Privacy browser Brave launches a non-tracking search engine in beta, at search.brave.com, to offer an “all in one” alternative to Google Search and Chrome — Pro-privacy browser Brave, which has been testing its own brand search engine for several months — operating a waitlist where brave …
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Brave Browser, CNET, 9to5Mac, Cointelegraph, XDA Developers, TestingCatalog, Daring Fireball, SlashGear, BleepingComputer, The Register, gHacks Technology News, fossbytes.com, The Record, MacRumors, CoinDesk, and Protocol
Tweets: @brave, @bcrypt, @chrismessina, and @s8mb
| Karissa Bell / Engadget: |
Facebook says it is working on visual search for Instagram shopping to help users find info on products in images, and Shops is coming to WhatsApp, Marketplace — Facebook is working on visual search technology for Instagram as it doubles down on shopping features throughout its platform.
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About Facebook, PYMNTS.com, News Chant USA, Neowin, Livemint, TechCrunch, ZDNet, Bloomberg, Social Media Today, and CNET
Tweets: @voguebusiness, @karissabe, @maghanmcd, @pythiar, @thekenyeung, @maghanmcd, @joshconstine, @swodinsky, @shiraovide, and @maghanmcd
| Tiernan Ray / ZDNet: |
Intel forms an Accelerated Computing Systems and Graphics unit, and a Software and Advanced Technology unit, as part of the company's ongoing reorg — Intel's head of GPUs, Raja Koduri, will run the accelerated computing business, Sandra Rivera will run Xeon chips operations …
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Intel, FierceTelecom, Reuters, TechPowerUp, SiliconANGLE, CRN, and Tom's Hardware
| Bloomberg: |
Microsoft has become the second public US company to reach a $2T market value, after Apple did in August 2020 and two years after hitting its first $1T in value — - Shares of the software giant have gained 19% so far this year — Only Apple and Saudi Aramco had hit $2 trillion in value
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Petri, GeekWire, Gizmodo, AppleInsider, CRN, MSPoweruser, IT Management, Barron's Online, and CNN
Tweets: @livemint, @seattletimes, @bdsams, @livemint, and @blockchainblitz
| Reuters: |
DOJ says it has seized 36 Iranian media websites and sites for groups affiliated with Iran that are linked to Iranian disinformation for violating US sanctions — The U.S. Justice Department said on Tuesday it seized 36 Iranian-linked websites, many of them associated with either disinformation activities …
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CNN, Associated Press, Bloomberg, U.S. Department of Justice, PressTV, RT, Washington Post, Associated Press, New York Times, Wall Street Journal, Voice of America, The Hill, Al Jazeera, Axios, Insider, Radio Free Europe/Radio …, Associated Press, Mediaite, and VICE
Tweets: @presstv, @partisangirl, @mmasnick, @maasalan, @kevinghall, @snarwani, @wallacemick, and @jasonmbrodsky
| Javier Espinoza / Financial Times: |
European Commission says it has opened an antitrust investigation into whether Google favors its own display ad tech over rivals — Brussels to examine whether US group broke rules by giving an advantage to its own services — The EU has announced a formal investigation …
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European Commission, ZDNet, Wall Street Journal, Washington Post, New York Times, Axios, CNBC, Neowin, Fortune, euronews, TechCrunch, The Register, Politico, MSPoweruser, SiliconANGLE, inews.co.uk, PYMNTS.com, and Tech Xplore
| Richard Nieva / CNET: |
Google, shifting to a hybrid workplace, debuts a Work Location Tool for staff to apply for an office move or to become fully remote and see how salaries change — Google on Tuesday rolled out a tool for its employees to request office changes or apply to become fully remote workers … | Nilay Patel / The Verge: |
Q&A with Patreon CEO Jack Conte on its relationship with Apple and exception from App Store's 30% cut, supporting creators across platforms, and more — Today's guest on Decoder is Jack Conte, the co-founder and CEO of Patreon, a platform that allows people to pay their favorite creators directly …
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The Verge, iMore, California News Times, The Lifeboat Station Project, and AppleInsider
Tweets: @reckless, @reckless, @rjonesy, @verge, @reckless, @benedictevans, @ciranews, @taylorlorenz, @rjonesy, @priyasanger, @onlocals, @gavinpurcell, @llsethj, @reckless, @nathang, @iiiitsandrea, @nathang, @alexisohanian, and @imtheq
| Brent Kendall / Wall Street Journal: |
Sources: the FTC will review Amazon's proposed acquisition of MGM, just as the commission gets a new chairwoman who has been critical of Amazon's expansion — Commission secures antitrust review after talks with Justice Department, and as Amazon critic Lina Khan takes the FTC's helm
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The Verge, Variety, PYMNTS.com, TechCrunch, Deadline, Bloomberg, Insider, and Cord Cutters News
Tweets: @freedzach, @davidshepardson, @tcarmody, @mattbelloni, @makejdm, @zachdcarter, @anthony, @parismarx, @senwarren, @djtgallagher, @danamattioli, @hshaban, and @wsj
| Maria Deutscher / SiliconANGLE: |
Splunk raises $1B from Silver Lake in exchange for convertible notes, and says it will use the investment to fund buybacks; Splunk stock up 11% — Splunk Inc. today said that it has secured a $1 billion investment from Silver Lake to support growth initiatives and buy back shares.
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Business Wire, Bloomberg, The Information, VentureBeat, MarketWatch, and Wall Street Journal
| Jeremy Laird / PC Gamer: |
A look at AMD's new FidelityFX Super Resolution, which aims to upscale games to higher resolution and competes with Nvidia's DLSS technology — ...just maybe not in the way you might have thought. — AMD's long awaited answer to Nvidia's game-prettifying DLSS technology is here.
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HotHardware.com News, AMD.com, The Verge, GPUOpen, and TechSpot
Tweets: @radeon, @robeytech, @tvsben, and @pcgamer
| Noah Smith / Noahpinion: |
Q&A with Marc Andreessen on his “It's Time to Build” essay, techno-optimism, Clubhouse and Substack's potential, “Augmented Intelligence”, crypto, and more — Marc Andreessen should need no introduction, but I'll do one anyway. He helped code the first widely …
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Insider. Tweets: @tomgara, @noahpinion, @anildash, @aspentrading10, @valaafshar, @leavittalone, @davidu, @tobi, @cmschroed, @lolgop, @sytses, @ppiipuu, @alexisohanian, @lizzywol, @carnage4life, @noahpinion, @sarthakgh, @pkafka, @susanlitv, @hypervisible, @digiphile, @morganhousel, @curaffairs, @rmac18, @carnage4life, and @tolles
| Bloomberg: |
YouTube Shorts, which launched new stars but is rife with clickbait and TikTok re-uploads, will use new metrics to pay creators via a $100M fund this summer — As a kid in Manchester, England, Dan Rhodes taught himself magic by watching tutorials on YouTube.| Aria Alamalhodaei / TechCrunch: |
Quanergy Systems, which makes lidar sensors and perception software for autonomous cars, will go public via a SPAC merger at an implied valuation of $1.4B — Quanergy Systems, the Sunnyvale, California-based lidar company, said Tuesday it has agreed to merge with special purpose acquisition … | Kennedy Rose / Philadelphia Business Journal: |
Philadelphia-based Sporttrade raises $36M in funding, after emerging from stealth in May, for its upcoming app which provides a trading exchange for sports bets — Philadelphia-based startup Sporttrade has raised $36 million from investors ahead of the launch of its new app, which provides a trading exchange for sports bets.| Jon Porter / The Verge: |
London's mayor says the Underground will have mobile coverage by the end of 2024 across its entire system, including some popular stations by the end of 2022 — Popular stations like Oxford Circus, Euston, and Bank will connected by end of 2022 — By the end of 2024 …
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Transport for London, Pocketnow, and CNET
| Crystal Tse / Bloomberg: |
Aircall, which offers a cloud-based call center and CRM service, raises $120M led by Goldman Sachs Group's asset management arm at a $1B+ valuation — Call center software company Aircall is valued at more than $1 billion in a new funding round. — The company raised $120 million … | Bloomberg: |
Full Truck Alliance closes at $21.50 per share on its first day of trading, up 13% from its initial price of $19, giving it a market value of ~$23.6B — - SoftBank, Tencent-backed firm adds to U.S. listing resurgence — Full Truck Alliance reaches market value of $23.6 billion
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PingWest, DealStreetAsia, Barron's Online, TheStreet, Transport Topics, and Reuters. Tweets: @business
| Catherine Shu / TechCrunch: |
Viva Republica, developer of Korean financial services app Toss, raises $410M at a post-money valuation of $7.4B, and says it's launching a neobank in September — Viva Republica, the Seoul-based fintech company behind Toss, a super app with more than 40 financial services …
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Bloomberg
| Joel Khalili / TechRadar: |
How Reddit uses its community-first approach to moderate content, relying heavily on its users instead of outsourced moderation farms — Reddit CTO: We don't want to be a ‘capricious arbiter’ of what is correct or not — One of the most difficult problems for Reddit … Sponsor Posts
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The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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