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June 29, 2021, 9:15 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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Tweets: @leah_nylen, @cnbcnow, @hawleymo, @ceciliakang, @repkenbuck, @willoremus, @sarahfrier, @amyklobuchar, @b_fung, @caseynewton, @reckless, @levie, @benedictevans, @sarahfrier, @willoremus, @fawfulfan, @notpretzel, @asherschechter, @dealbook, @brendanbordelon, @mikeisaac, @adamnash, @brkend, @colorofchange, @gabrielmalor, @ivanthek, @harrylitman, @edmundlee, @marklemley, @profcarroll, @karaswisher, @senwarren, @caseynewton, @producthunt, @mattrosoff, @robbysoave, @senblumenthal, @sruhle, @austen, @matthewstoller, @econ_marshall, @repmondaire, @ajitpai, @bobbyallyn, @mdudas, @alisonfrankel, @mikeelgan, @matthewstoller, @kantrowitz, @caseynewton, @caseynewton, and @sarahfrier
| 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 … | Scott Rosenberg / Axios: |
| 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, MacRumors, Softpedia News, USA Today, Firstpost Tech, Rock, Paper, Shotgun, Laptop Mag, fossbytes.com, t3.com, BGR India, Pocket-lint, Tom's Guide, Engadget, GeekWire, Gizmodo, TNW, iPhone in Canada Blog, Game Rant, Video Games Chronicle, 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, and Windows Central
| 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.| Bloomberg: |
Worldcoin, a cryptocurrency co-founded by Sam Altman, launches with $25M from a16z and others and plans to develop an orb-shaped device to scan human eyeballs — Sam Altman has a new startup that intends to give a special type of cryptocurrency to every person on earth. But first, it wants to scan everybody's eyeballs.
Tweets: @thestalwart, @thestalwart, @mayazi, @shiraovide, @dubikan, @internetofshit, @boomereng, @robpegoraro, @counternotions, and @profcarroll
| 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, Silicon Republic, Pittsburgh Business Journal, MarketWatch, PR Newswire, and Reuters
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 …
Source:
Android Developers Blog. More:
The Verge, Android Authority, phonearena.com, TechRadar, The Record, and ZDNet. Tweets: @androiddev
| Jason Gurwin / The Streamable: |
YouTube TV gets a 4K Plus add-on package with downloads, 4K, and unlimited streams for $20 more per month; 5.1 Dolby surround sound coming to all subs for free — YouTube TV has officially announced their new premium add-on which includes 4K streaming, the ability to download shows offline …
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YouTube Official Blog, AppleInsider, Digital Trends, phonearena.com, Pocket-lint, Ubergizmo, iMore, TechRadar, MUO, USA Today, Gizmodo, iClarified, TechSpot, Android Central, XDA Developers, and FrontPageTech.com
Tweets: @vicious696, @onejarednewman, @chriswelch, and @backlon
| 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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inews.co.uk, AppleInsider, Gizmodo, Ubergizmo, phonearena.com, The Independent, ScreenRant, Fast Company, and USA Today
Tweets: @snapchatsupport and @quinnypig
| Reuters: |
TP ICAP, the world's largest interdealer broker, says it is launching a cryptocurrency trading platform with Fidelity Investments and Standard Chartered — TP ICAP (TCAPI.L), the world's biggest interdealer broker, is launching a cryptocurrency trading platform with Fidelity Investments …
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The Block, Decrypt, Bloomberg, CoinDesk, Cryptonews, Cointelegraph, cryptodaily.co.uk, and Coinspeaker
| 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 US Newsroom, YouTube, Engadget, The Verge, MSPoweruser, Wareable, Gizchina, fossbytes.com, Financial Times, Techaeris, Android Central, Tom's Guide, 9to5Google, and TechCrunch. Tweets: @samsungnewsus
| 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 … | Mitchell Clark / The Verge: |
Microsoft announces a redesign for Office and says Windows 11 version will have a native 64-bit Arm version and support for 64-bit add-ins — A cleaner Office experience and Arm improvements — Microsoft is announcing that the next version of Office for Windows 11 will have a native 64-bit Arm version …
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PCMag, TechRadar, Tom's Guide, The Register, Gizchina, Notebookcheck.net, Neowin, ZDNet, MSPoweruser, and Thurrott
| World Health Organization: WHO: |
WHO publishes its first global report on AI in health care, a 2-year effort, with six guiding principles for its design and use, like protecting human autonomy — Growing use of AI for health presents governments, providers, and communities with opportunities and challenges
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ZDNet, World Health Organization, World Health Organization, Geektime, UN News, and TNW
| 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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Ubiquity6, Finbold, VRFocus, and Coinspeaker
Tweets: @anjneymidha, @jasoncitron, @indexventures, @vivianmshen, @darian314, @jeffscottward, and @ubiquity6
| Mary Ann Azevedo / TechCrunch: |
Accel announces fifteenth early-stage US fund at $650M, seventh early-stage European and Israeli fund at $650M, and sixth global growth stage fund at $1.75B — Accel announced Tuesday the close of three new funds totaling $3.05 billion, money that it will be using to back early-stage startups … | 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.| Dana Mattioli / Wall Street Journal: |
Sources and docs: as part of contracts, Amazon has made 80+ deals for stakes in suppliers, often at below-market prices, a sign of how it leverages its power — Certain suppliers are asked to give Amazon the right to buy shares at potentially lower-than-market rates as part of their contract| Meagan Simpson / BetaKit: |
Visier, which develops cloud-based workforce analytics software, raises $154M CAD Series E from Goldman Sachs at a $1.2B CAD valuation — Workforce analytics company Visier has secured $154 million CAD ($125 million USD), becoming the latest Canadian tech startup to surpass a $1 billion valuation.
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VentureBeat, Reuters, TechCrunch, and Crunchbase News
| Natasha Mascarenhas / TechCrunch: |
2U, which provides degree programs for top US universities, acquires edX, a nonprofit hosting 3K courses led by 15,000 instructors, for $800M in cash — 2U, a SaaS platform that helps non-profits and colleges run online universities, plans to acquire all the assets of Harvard and MIT-founded edX … Thanks:@nmasc_
| CNN: |
Sources: Facebook to roll out its newsletter product, called Bulletin, on Tuesday, and has recruited dozens of writers across categories like sports and finance — You heard it here first: Facebook is rolling out its new newsletter product, called Bulletin, on Tuesday, according to sources involved with the initiative.
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The Hill, WRAL TechWire, and Facebook
Tweets: @can, @kantrowitz, @kantrowitz, @kantrowitz, and @ebboyd
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