| Tim Higgins / Wall Street Journal: |
Apple says allowing users to download apps directly onto their iPhones without having to use the App Store would harm customers by damaging privacy and security — Company says allowing users to download software onto their iPhones without using the App Store jeopardizes protections| Michael Grothaus / Fast Company: |
Apple's head of user privacy says sideloading is actually “eliminating choice” and would negate technical and policy defenses — Recently there have been growing calls for Apple to allow third-party app stores for the iOS and iPadOS platforms, which would enable a process known as … | Lauren Feiner / CNBC: |
Morning Consult poll of 2,000 US voters: 53% at least somewhat support Congress' Big Tech antitrust bills; 44% rank tech regulation as their lowest priority — - A new poll commissioned by tech industry-funded group shows 53% of voters favor at least some tech regulation.| Politico: |
| 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 … | Yogita Khatri / The Block: |
Analysis: bitcoin's hashrate, or the power needed to mine it, has nearly halved from 168,000 PH/s on May 15 to 86,000 PH/s on June 23, as its price falls — Quick Take — Bitcoin hashrate has declined by nearly 50% in over a month, according to The Block Research.| Zheping Huang / Bloomberg: |
Bitmain, the largest producer of crypto mining equipment, suspends sales of machines for spot delivery globally, as top-tier rig prices drop ~75% since April — - Bitmain takes step to help prop up second-hand prices — Cost of a top-tier rig plunged by about 75% since April| 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.| Mary Ann Azevedo / TechCrunch: |
Ohio-based Lower, which offers online home financing services, raises $100M Series A led by Accel, its first external funding round in its seven-year history — Lower, an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel.| 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| Mark Nottingham / mnot's blog: |
| Natasha Lomas / TechCrunch: |
International coalition of consumer groups, digital and civil rights organizations, and data protection experts call for ban on “surveillance-based advertising” — An international coalition of consumer protection, digital and civil rights organizations and data protection experts … | Todd Spangler / Variety: |
EA says it will buy Warner Bros. Games' Playdemic mobile games studio, known for one of the top mobile games “Golf Clash”, for $1.4B in cash — Founded in 2010, Playdemic is known for “Golf Clash,” which lets players compete with each other around the world in real time.| Rebecca Ratcliffe / The Guardian: |
Rights Group Global Witness study finds Facebook is promoting content that incites violence against Myanmar's coup protesters and amplifies junta misinformation — Posts ranging from wanted posters to death threats remain online for months, breaching platform's own standards| 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 … | Tracy Qu / South China Morning Post: |
Kuaishou now has 1B monthly active users globally, joining rivals ByteDance and Tencent, including on its Kwai and Snack Video apps — China's No 2 short video-sharing app operator joins rival ByteDance and Tencent as internet platforms with 1 billion monthly active users Kuaishou's tally covers … | Cam Wilson / Crikey: |
Australia's controversial Online Security Bill is about to become law, expanding the eSafety Commissioner's ability to censor the internet — The controversial Online Safety Bill will give broad censorship powers to the eSafety commissioner, and experts warn that it could harm those it purports to save.| Helene Braun / CoinDesk: |
Paris-based Kaiko, which provides cryptocurrency market data and research, raises $24M Series A to expand analysis of the Asian market — The Paris-based institutional data firm plans to open an Asian office in either Hong Kong or Singapore later this year.| 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.| Frederic Lardinois / TechCrunch: |
Vercel, which develops the popular open-source Next.js React framework, raises $102M Series C led by Bedrock Capital at a $1.1B valuation — Vercel, the company behind the popular open-source Next.js React framework, today announced that it has raised a $102 million Series C funding round led by Bedrock Capital.| 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 … | Alex Hern / The Guardian: |
Tim Berners-Lee defends his decision to auction an NFT representing the web's source code, comparing it to the sale of an autographed book or a speaking tour — Creator of the world wide web says digital asset is ‘totally aligned with the values of the web’| Faseeh Mangi / Bloomberg: |
Pakistan outlines plans to double its IT industry in two years using new tech zones, after missing out on tech booms that lifted India and the Philippines — - New tech zones may double IT industry to $6 billion in 2 years — Pakistan has huge youth population, world's No. 3 gig economy| Zack Whittaker / TechCrunch: |
Boston-based Drata, which uses automation to help companies obtain SOC 2 compliance for secure cloud data storage, raises $25M Series A led by GGV Capital — Security compliance is precisely three things: incredibly boring, time consuming, and entirely necessary to run a business in the modern age.| Wall Street Journal: |
Sources: Ant Group is in talks with Chinese state-owned companies to create a credit scoring company that will put Ant's vast data under Chinese control — The fintech giant is in discussions to start a new credit-scoring business with Chinese state-owned enterprises| 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 …
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| Maria Deutscher / SiliconANGLE: |
| Tiernan Ray / ZDNet: |
| Nilay Patel / The Verge: |
| Javier Espinoza / Financial Times: |