| John D. McKinnon / Wall Street Journal: |
After debate, House committee approves five major antitrust bills, including regulations on user data portability and acquisitions of competitors — Tech companies to take the battle over the proposed new regulations and oversight to the House floor and Senate| Tim Higgins / Wall Street Journal: |
| Politico: |
| Lillian Rizzo / Wall Street Journal: |
Sources: Peacock had fewer than 10M paid subs as of May; Comcast is considering a deal with ViacomCBS or acquiring Roku as it seeks to become a streaming giant — The broadband and cable company, which owns NBCUniversal, sticks with its marriage of content and delivery, though AT&T has reversed course| Reuters: |
John McAfee has died in a Spanish jail cell by suicide according to his lawyer, hours after news that he would be extradited to face federal charges in the US — Antivirus creator John McAfee, 75, was found dead in his prison cell in Barcelona after the Spanish high court had authorised … | 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 … | 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| Simon Clark / Wall Street Journal: |
Visa buys Sweden-based Tink, which offers open banking APIs used by more than 3,400 banks and financial institutions in Europe, for €1.8B — Tink would give Visa a foothold in open banking, which connects consumers to multiple financial institutions — Visa Inc. agreed to pay … | Nathaniel Meyersohn / CNN: |
Adobe: total US e-commerce sales during Prime Day exceeded $11B; Amazon says Prime Day was the biggest two-day sales period for 3rd party sellers in its history — New York (CNN Business)Shoppers aren't showing any signs of getting tired of Amazon Prime Day, even though some sellers … | Manish Singh / TechCrunch: |
Google and Jio Platforms announce JioPhone Next, an affordable phone powered by an optimized version of Android; phone will debut in India on September 10 — Jio Platforms, run by India's richest man (Mukesh Ambani), and Google on Thursday unveiled the JioPhone Next, an affordable Android smartphone … | David Cox / Wired UK: |
DeepMind partners with Drugs for Neglected Diseases initiative, after its AlphaFold AI had considerable success in finding new treatments for sleeping sickness — In 2020, DeepMind solved one of biology's biggest challenges. Now it's working on using its AI to find drugs to target neglected diseases| 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 — Machine learning engineer Ari Font was worried about the future of Twitter's algorithms. It was mid-2020, and the leader … | Dean Takahashi / VentureBeat: |
Adobe launches Substance 3D, a suite of 3D design tools Adobe says has applications in video games and VFX and uses AI to ease technical complexity of 3D design — Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out.| Sidney Fussell / Wired: |
Four former executives of Nexa Technologies, an alleged supplier of surveillance tech to Libya and Egypt, were indicted for complicity in torture and war crimes — The managers are accused of selling tech to Libya and Egypt that was used to to identify activists, read private messages, and kidnap, torture, or kill them.| Andrew J. Hawkins / The Verge: |
Bird to add e-bikes to its fleet and will open up its app to local shared operators in select cities this year; Spin launches its first e-scooter built in-house — Bird, the original scooter company, is finally branching out into electric bike-share — Two of the top shared electric scooter companies … | Bloomberg: |
Data infrastructure software maker Confluent raises $828M in its US IPO at a valuation of about $9B; Confluent was last valued at $4.5B last year — Data infrastructure software maker Confluent Inc. raised $828 million in its U.S. initial public offering, pricing its shares above a marketed range.| Sheridan Wall / MIT Technology Review: |
How job search sites such as LinkedIn, ZipRecruiter, and CareerBuilder are working to remove gender and racial bias from their AI-powered matching algorithms — ZipRecruiter, CareerBuilder, LinkedIn—most of the world's biggest job search sites use AI to match people with job openings.| Ingrid Lunden / TechCrunch: |
Snackpass raises $70M Series B led by Craft Ventures at a $400M+ valuation as its social food ordering service surpasses 500k users across 13 college towns — While every food delivery company is trying to get an edge on its rivals with discount codes, faster service, and a turn into the realm … | 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
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| Natasha Lomas / TechCrunch: |