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June 22, 2021, 4:10 PM
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| 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, Wall Street Journal, Ars Technica, The Verge, Axios, New York Times, PYMNTS.com, CNBC, SiliconANGLE, inews.co.uk, Politico, Fortune, euronews, TechCrunch, The Hill, AdExchanger, Associated Press, Bloomberg, Reuters, phonearena.com, Forbes, CNET, AppleInsider, fossbytes.com, Protocol, Candid.Technology, Tech Xplore, Engadget, International Business Times, New York Post, Insider, BBC, Politico, CNN, RTÉ, Voice of America, CyberNews, and Adweek
| 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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GeekWire, TechCrunch, Bloomberg, Insider, Variety, Politico, and Slashdot
Tweets: @senwarren and @wsj
| 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 … | 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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Stratechery and Insider
Tweets: @tomgara, @noahpinion, @valaafshar, @aspentrading10, @tobi, @sytses, @ppiipuu, @carnage4life, @noahpinion, @noahpinion, @sarthakgh, @morganhousel, @curaffairs, @rmac18, @carnage4life, and @tolles
| Adi Robertson / The Verge: |
Twitter opens applications to test Ticketed Spaces and Super Follows for “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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media.twitter.com, CNET, USA Today, 9to5Mac, Engadget, TechCrunch, Variety, and Droid Life
Tweets: @twittermedia, @chrismessina, @adriana_lacy, @twittermedia, @wongmjane, and @mattnavarra
| Ian Hamilton / UploadVR: |
After agreeing to be Facebook's first VR ad test partner, Resolution Games says it won't move forward with the test in its paid VR game Blaston — Resolution Games won't be moving forward with a Facebook advertising test in its paid VR game Blaston. — The studio may still consider testing ads in its free fishing game Bait!
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Gizmodo, The Verge, Engadget, The Verge, Bloomberg, TechCrunch, GamesIndustry.biz, VRFocus, thegamer.com, Engadget, TechSpot, KnowTechie, BBC, The Irish Times, SlashGear, PCMag, and Road to VR
| Jon Porter / The Verge: |
London's mayor says the Underground will have mobile coverage by the end of 2024 across the entire network, with 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, passengers … | 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 … | Carly Page / TechCrunch: |
Boston-based Transmit Security, which is building a biometric-based authenticator, raises $543M Series A at a $2.2B pre-money valuation — Transmit Security, a Boston-based startup that's on a mission to rid the world of passwords, has raised a massive $543 million in Series A funding.
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Business Wire, VentureBeat, SiliconANGLE, Forbes, PYMNTS.com, Dark Reading, CTech, CRN, Globes Online, Bloomberg, Boston Business Journal, Crunchbase News, nocamels.com, FinSMEs, The Times of Israel, Insider, and SecurityWeek
Tweets: @danprimack, @chandrarsrikant, and @refsrc
| Reuters: |
Google confirms it is replacing its Engineering Residency, aimed at underrepresented participants, after employees said it enforced “systemic pay inequities” — Alphabet Inc's (GOOGL.O) Google plans to shut down a long-running program aimed at entry-level engineers … | Kait Bolongaro / Bloomberg: |
Canadian lawmakers pass a controversial bill that would subject tech giants to the same requirements as traditional broadcasters; bill now heads to the Senate — - Move would prioritize Canadian content, echoing broadcast law — But critics say it threatens free speech on user-driven sites
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PYMNTS.com, mobilesyrup.com, AppleInsider, National Post, 9to5Mac, iMore, Cartt.ca, and iPhone in Canada Blog
Tweets: @ericdlombardi, @mikebarretton, @sunlorrie, @mgeist, @kbolongaro, @mgeist, @jason_kint, @mbdan7, @mgeist, @dcnorg, and @pierrepoilievre
| Omkar Godbole / CoinDesk: |
Bitcoin falls to around $30,000, its lowest level since January 28 after a $64,000 peak in mid-April, as China continues to crackdown on mining — The decline brings the year-to-date gain down to just 3%, according to CoinDesk 20 data. — Bitcoin dipped below the long-held support at $30,000 on Tuesday …
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Forbes, Protocol, Bloomberg, Gizmodo, New York Times, Cointelegraph, Tom's Hardware, Forbes, Financial Times, CNET, The Economic Times, Tech Xplore, Reuters, Crypto Briefing, Forbes, and Global Times
Tweets: @adrianweckler and @coffeebreak_yt
| Vicky McKeever / CNBC: |
Dating app Bumble says it's giving all ~700 employees a “paid, fully offline one-week vacation” in June, recognizing the challenges endured during the pandemic — Bumble CEO Whitney Wolfe Herd has given the dating app's 700 employees this week off as paid vacation in an effort to help with burnout.
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BBC, Sky News, CNN, The Business Journals, The Independent, Input, Newser, Insider, and Bloomberg
Tweets: @epro, @markdistef, @vmckeevercnbc, and @emorwee
| 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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The Verge, Tom's Hardware, HotHardware.com News, XDA Developers, PCWorld, SemiAccurate, TechSpot, TweakTown, AnandTech, TechRadar, Rock, Paper, Shotgun, Windows Central, BabelTechReviews, and VideoCardz.com. Tweets: @pcgamer
| Hannah Murphy / Financial Times: |
How Monero, a cryptocurrency that obscures the sender and receiver, is increasingly being used by ransomware gangs wary of bitcoin's traceability — Untraceable ‘privacy coin’ is rising in popularity among ransomware gangs, posing problems for law enforcement| Ingrid Lunden / TechCrunch: |
Oyster, which develops HR software for a distributed workforce, raises $50M Series B led by Stripes at a $475M valuation, up 6x from its previous valuation — The future of work is long on long-distance, and today a startup that's built a platform to help organizations hire global talent …
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FinSMEs
| 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 … | Elad Gil / Elad Blog: |
CB Insights data: US added 154 new unicorns since October 2020, 67%+ of the global total, while Europe added 25 unicorns, India added 11, and China added just 9 — I have previously written about Unicorn Market Cap and Industry towns in 2019 and 2020. Over the last 8 months the number … | Tim Hardwick / MacRumors: |
UK government says it will test its new national Emergency Alerts system, starting with Android devices today before a smaller, regional iPhone test next week — The U.K. government on Tuesday will perform its first national test of a new Emergency Alerts system, but only Android users …
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GOV.UK, 9to5Mac, Macworld UK, The Register, LBC, The Independent, techadvisor.com, iMore, TechRadar, and ZDNet. Tweets: @jamesliamcook
| Laurens Cerulus / Politico: |
In a draft plan, the EU outlines a Joint Cyber Unit, which would let countries hit by cyberattacks request help, including rapid response teams — Barrage of cyberattacks pushes EU to pool powers to fight hackers. — PRESS PLAY TO LISTEN TO THIS ARTICLE| Aislinn Keely / The Block: |
Elliptic report: US regulators, led by SEC, have levied $2.5B against various crypto projects since 2009, mostly from unregistered securities offerings — A new report from Elliptic shows that the Securities and Exchange Commission (SEC) leads U.S. regulators in monetary penalties against crypto firms by a wide margin.
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Elliptic Blog, Blockworks, BitcoinExchangeGuide, Cointelegraph, and Decrypt. Tweets: @counternotions
| The Economic Times: |
E-commerce management service CommerceIQ raises $60M Series C led by Insight Partners, bringing its total raised to $81M — Ecommerce management platform CommerceIQ has raised $60 million as part of its Series C round led by Insight Partners. — Existing investors Trinity Ventures …
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PYMNTS.com, Business Wire, FinSMEs, and Insider
| Ingrid Lunden / TechCrunch: |
Amsterdam-based Mollie, which offers developers plugins and APIs to integrate payments, raises $800M at a $6.5B valuation led by Blackstone Growth — A payments startup whose backend was originally built by the founder while still living with his parents and bootstrapping the company …
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Mollie, FinLedger, CNBC, Coinspeaker, PYMNTS.com, Silicon Canals, and Finextra. Thanks:@ingridlunden
| Ingrid Lunden / TechCrunch: |
Merlyn Mind, which is building software and hardware teaching aids for K-12, exits stealth with $29M led by Learn Capital — We've chronicled, in great detail, the many layers of technology, services and solutions, that have been wrapped around the world of education in recent years …
Tweets: @ingridlunden
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