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June 29, 2021, 5:15 AM
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| Salvador Rodriguez / CNBC: |
US district court dismisses FTC's antitrust complaint against Facebook, saying its definition of market dominance was insufficient, but will let FTC refile it — - A federal court on Monday dismissed the Federal Trade Commission's antitrust complaint against Facebook.
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US District Court for the District of Columbia, New York Times, Bloomberg, Wall Street Journal, Politico, The Register, Protocol, New York Times, CNET, Gizmodo, The Verge, The Verge, Axios, Bloomberg, RTÉ, TGDaily, Coinspeaker, Financial Times, BIG by Matt Stoller, Washington Post, Android Central, USA Today, Near Media, Pixel Envy, Cmte Judiciary (D) …, Forbes, PYMNTS.com, Insider, BBC, ZDNet, The Overspill, phonearena.com, Politico, Vox, NPR, Input, PYMNTS.com, Telegraph, Shacknews, Barron's Online, NBC News, Associated Press, Sputnik News, theepochtimes.com, The Daily Caller, CNN, AppleInsider, Slashdot, Mashable, TechCrunch, Protocol, MSPoweruser, Engadget, Variety, Los Angeles Times, New York Post, San Francisco Business Journal, Newser, The Daily Dot, and UploadVR
Tweets: @leah_nylen, @cnbcnow, @hawleymo, @ceciliakang, @repkenbuck, @b_fung, @willoremus, @sarahfrier, @b_fung, @amyklobuchar, @caseynewton, @caseynewton, @reckless, @levie, @benedictevans, @sarahfrier, @willoremus, @fawfulfan, @notpretzel, @asherschechter, @dealbook, @brendanbordelon, @mikeisaac, @alisonfrankel, @adamnash, @brkend, @mikeelgan, @colorofchange, @gabrielmalor, @ivanthek, @harrylitman, @edmundlee, @marklemley, @profcarroll, @karaswisher, @senwarren, @kantrowitz, @matthewstoller, @caseynewton, @producthunt, @mattrosoff, @benedictevans, @robbysoave, @caseynewton, @senblumenthal, @sruhle, @austen, @matthewstoller, @caseynewton, @sarahfrier, @econ_marshall, @repmondaire, @ajitpai, @bobbyallyn, and @mdudas
| Salvador Rodriguez / CNBC: |
On Monday, Facebook's stock rose 4.2%, closing at $355.64, giving Facebook a $1T market cap for the first time, the fifth US company to hit the milestone — - Facebook has hit $1 trillion in market capitalization. — Facebook stock spiked nearly 5% in late-day trading aided … | Cameron Faulkner / The Verge: |
Microsoft rolls out its Xbox Cloud Gaming service via browser to PCs, iPhones, and iPads across 22 countries for Xbox Game Pass Ultimate members — No Xbox necessary — Microsoft's xCloud, the cloud game streaming component of Xbox Game Pass Ultimate that doesn't require a console to use …
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Xbox Wire, Xbox Wire, MacRumors, Laptop Mag, USA Today, Gamasutra, Tom's Guide, Wccftech, Gizmodo, Pocket-lint, Engadget, iPhone in Canada Blog, Game Rant, Video Games Chronicle, TNW, iMore, GamesIndustry.biz, Neowin, Macworld, iClarified, XDA Developers, GameSpot, Phandroid, Digital Trends, Destructoid, mobilesyrup.com, iDownloadBlog.com, Android Headlines, Ars Technica, Trusted Reviews, thegamer.com, MSPoweruser, Thurrott, AppleInsider, PCWorld, TechCrunch, Polygon, IGN, 9to5Mac, 9to5Google, Windows Central, and Twinfinite
| Tom Warren / The Verge: |
Microsoft releases the first Windows 11 preview, available to Insiders, with major updates included except Teams integration and Android app support — The next version of Windows is available for testing — Microsoft is releasing its first Windows 11 preview build today.| Tom Warren / The Verge: |
Sources: Microsoft is planning to release Windows 11 in October; Microsoft employees have hinted at October 20 in marketing images — October 20th may be the Windows 11 day — Microsoft keeps hinting at an October release date for Windows 11. The software giant teased …
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Windows Blog, Tom's Guide, SiliconANGLE, Input, Softpedia News, BleepingComputer, Thurrott, MUO, and ZDNet
Tweets: @tomwarren, @martinsfp, @horsynox, and @tomwarren
| TechCrunch: |
Duolingo files for US IPO, reveals revenue growth of 129% YoY in 2020, and reports $55.4M in revenue during Q1 2021 — The edtech unicorn reveals 129% 2020 revenue growth — Duolingo, a Pittsburgh-based language learning business last valued at $2.4 billion, has officially filed to go public.
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SEC, CNBC, Pittsburgh Business Journal, PR Newswire, and MarketWatch
Tweets: @tonywan, @daveambrose, and @sorayadarabi
| Abner Li / 9to5Google: |
Google says all Play Store developer accounts will need to enable 2-Step Verification, provide an address, and verify their contact details later this year — To improve developer security on the Play Store, Google is requiring those that develop for Android to abide by 2-Step Verification … | Mitchell Clark / The Verge: |
Snapchat says it has fixed the issue causing its iOS app to crash for some users, asks users to manually update the app if they are still facing any problem — The app was crashing on launch — If you've been experiencing the bug where the iOS version of Snapchat crashes at launch …
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AppleInsider, MacRumors, ScreenRant, Gizmodo, Ubergizmo, The Independent, Fast Company, phonearena.com, USA Today, iMore, and Cult of Mac
Tweets: @snapchatsupport and @quinnypig
| Cherlynn Low / Engadget: |
Samsung details a new smartwatch user interface called One UI Watch, debuting on an upcoming Galaxy Watch later this year — At its MWC event today, Samsung showed off its latest smartwatch interface called One UI Watch. This software will run on top of — the new Wear OS, which the company co-developed with Google.
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Samsung Global Newsroom, YouTube, CNET, Engadget, The Verge, Mobile Phones News, fossbytes.com, Wareable, Neowin, Financial Times, AndroidGuys, techadvisor.com, TalkAndroid.com, Techaeris, Pocket-lint, BGR India, Pocketnow, Phandroid, Android Central, Wccftech, Tom's Guide, phonearena.com, Android Authority, Android Headlines, Droid Life, XDA Developers, SamMobile, Gizmodo, Android Police, 9to5Google, 9to5Google, and TechCrunch. Tweets: @samsungnewsus
| Lucas Matney / TechCrunch: |
Discord acquires augmented reality startup Ubiquity6, which had raised $37.5M and recently pivoted to become a collaborative service for simple online games — After raising tens of millions from investors and executing a pretty substantial pivot earlier this year, augmented reality startup Ubiquity6 …
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Protocol, Ubiquity6, and Coinspeaker
Tweets: @anjneymidha, @jasoncitron, @indexventures, @vivianmshen, @darian314, @jeffscottward, and @ubiquity6
| Song Su-hyun / The Korea Herald: |
A South Korean court has ruled that Netflix is obligated to pay network usage fees to mobile carriers; Netflix made up 4.8% of the country's traffic in Q4 2020 — A Seoul court's decision last week that effectively confirmed Netflix's obligation to pay network usage fees to mobile carriers suggests … | Sarah Perez / TechCrunch: |
Sensor Tower: global consumer mobile app spending hit $64.9B in H1 2021, a record and up 24.8% YoY; install growth slowed to 1.7% overall, declined 10.9% on iOS — Consumer spending in mobile apps hit a record $64.9 billion during the first half of 2021, according to preliminary data from app store intelligence firm Sensor Tower.
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Sensor Tower Blog, VentureBeat, iMore, mobilesyrup.com, TechSpot, and Android Central
| Riley de León / CNBC: |
Payments company Payoneer closed ~1.5% lower on its Nasdaq debut via a SPAC merger, giving it a market cap of $1B+; the company was originally valued at $3.3B — - Shares of payments company Payoneer closed down roughly 1.5% after its market debut Monday on the Nasdaq, giving it a market cap of just over $1 billion.
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SiliconANGLE and Reuters
| Reuters: |
Thoma Bravo has agreed to buy QAD, which provides cloud-based planning software for manufacturers, for about $2B in cash and will take the company private — QAD Inc (QADA.O) said on Monday private equity firm Thoma Bravo will buy the enterprise software maker for about $2 billion, the latest go-private deal by the software investor.
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iTnews, QAD, Pacific Coast Business Times, Dow Jones Newswires, and TheStreet
| Emily Bamforth / EdScoop: |
Education software company Instructure files for a US IPO, reporting $94M in revenue in quarter ended March 31; Thoma Bravo had taken it private in March 2020 — Instructure, the company that develops the learning management system Canvas, has filed with the Securities Exchange Commission …
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Instructure and Reuters
| Nate DiCamillo / CoinDesk: |
Coinbase is granted a crypto custody license from Germany's Financial Supervisory Authority, the first company to get such a license according to the regulator — The license will allow Coinbase to continue operating in Germany. — Coinbase has received a crypto custody license …
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The Coinbase Blog, Reuters, Crypto Briefing, and Finbold
| Shara Tibken / CNET: |
Qualcomm unveils Snapdragon 888 Plus with 3GHz clock speed and a claimed 20% boost in AI capabilities, arriving in devices during Q3 2021 — Phones are getting a speed boost. Qualcomm on Monday unveiled its newest, highest-end smartphone processor, the Snapdragon 888 Plus.
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Qualcomm, iPhone in Canada Blog, XDA Developers, AndroidGuys, Engadget, fossbytes.com, and TechSpot
Tweets: @mishaalrahman, @utsavtechie, and @supersaf
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