| Tim Higgins / Wall Street Journal: |
In a new report, Apple says letting iOS users sideload apps would undermine privacy protections, complicate parental controls, and potentially expose user data — Company says allowing users to download software onto their iPhones without using the App Store jeopardizes protections| 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: |
| 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| 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.| Bloomberg: |
Two South African brothers who founded crypto investment firm Africrypt vanished with ~69,000 bitcoins, worth $3.6B+, after informing clients of an alleged hack — - Lawyers hired by investors piece together funds' disappearance — Africrypt loss would rank among biggest-ever crypto heists| Ashley Carman / The Verge: |
Instagram says it will test mixing suggested posts throughout primary feeds, even above posts from people users follow, and adds new controls — A priority on algorithm-chosen content — Instagram says reception to its “suggested posts” feature has been so positive that it's launching a new test … | 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.| 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 … | David McLaughlin / Bloomberg: |
Antitrust experts say the biggest obstacle to Lina Khan's agenda will be a conservative judiciary, which has made it difficult for regulators to win big cases — The fiercest foes of America's technology giants cheered when Lina Khan, a professor at Columbia Law School … | 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 … | Dan Goodin / Ars Technica: |
Researcher: counterfeit packages on the official Python repository, downloaded ~5,000 times, contained code that installed cryptomining software — Open source repositories can be vectors for badness, so look before you run. — Counterfeit packages downloaded roughly 5,000 times … | 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’| Tom Warren / The Verge: |
What to expect from Microsoft's “next generation” Windows event on Thursday: new Windows 11 UI, updated Windows Store, and a focus on productivity and gaming — Microsoft's “next generation” of Windows event is taking place later this week, on June 24th at 11AM ET.| Mark Nottingham / mnot's blog: |
| 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 … | Aaron Schaffer / Washington Post: |
Breakdown of officials in Biden's administration who have worked at tech giants: Facebook leads with 11 officials, followed by Alphabet at 10 and Microsoft at 8 — Technology and cybersecurity policy researcher — Dozens of top Biden administration officials have professional ties … | 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.| Anna Kramer / Protocol: |
Profile of Twitter's Machine Learning, Ethics, Transparency, and Accountability team, as Responsible ML becomes one of the company's top priorities in 2021 — Twitter's META team is made up of some of tech's most notorious critics, and two more will soon be joining them: Sarah Roberts and Kristian Lum.| 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| 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.| 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| 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.| 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| 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.| Margherita Beale / Forbes: |
Habi, a Colombia-based residential real estate marketplace with automated pricing tech, raises $100M Series B led by SoftBank Latin America Fund — Habi, a real estate startup digitizing home buying and selling for Colombia's middle class, announced Wednesday that it has raised $100 million … | 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| Jackie Davalos / Bloomberg: |
Uber will add labels to Uber Eats in PA and DC saying app menu prices might be higher than those charged by restaurants, after pressure from the states' AGs — - New disclosure will be included in the checkout page — The addition will only apply to D.C. and Pennsylvania| 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 … | Katie Roof / Bloomberg: |
Sprinklr, which builds tools to help brands interact with customers online, raises $266M in US IPO at about a $4B valuation — - New York-based company valued at $4 billion after pricing IPO — Sprinklr prices shares at $16, below marketed range of $18-$20| 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.
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| Amrith Ramkumar / Wall Street Journal: |
| Tiernan Ray / ZDNet: |
| Adi Robertson / The Verge: |
| Natasha Lomas / TechCrunch: |