| New York Times: |
Sources: Tim Cook warned Pelosi that new antitrust bills were rushed and could hurt innovation; Google, Facebook, Amazon say bills would hurt SMBs and consumers — Executives, lobbyists, and more than a dozen groups paid by Big Tech have tried to head off bipartisan support for six bills meant … | Bloomberg: |
| 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.| 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 … | 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.| 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 … | 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 … | 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| 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.| 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 … | 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| 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.| Quynh Nguyen / DealStreetAsia: |
South Korea-based VoyagerX, which develops AI software, raises $27M Series A from investors including SoftBank Ventures Asia and Altos Ventures — SoftBank Ventures Asia has participated in a $27 million Series A funding round in VoyagerX, a South Korea-based artificial intelligence (AI) … | Jane Lanhee Lee / Reuters: |
| 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.| 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.| 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 … | 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 … | 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 … | 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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| Noah Smith / Noahpinion: |
| Kait Bolongaro / Bloomberg: |
| Jon Porter / The Verge: |