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June 29, 2021, 10:20 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, @sarahfrier, @amyklobuchar, @willoremus, @b_fung, @caseynewton, @reckless, @benedictevans, @fawfulfan, @notpretzel, @asherschechter, @mikeisaac, @brkend, @colorofchange, @harrylitman, @profcarroll, @karaswisher, @senwarren, @caseynewton, @producthunt, @mattrosoff, @robbysoave, @senblumenthal, @sruhle, @austen, @econ_marshall, @repmondaire, @mdudas, @dealbook, @matthewstoller, @brendanbordelon, @edmundlee, @marklemley, @adamnash, @bobbyallyn, @levie, @sarahfrier, @willoremus, @gabrielmalor, @ivanthek, @ajitpai, @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: |
| 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, @mayazi, @alexhern, @alexhern, @alexhern, @thestalwart, @shiraovide, @dubikan, @internetofshit, @boomereng, @robpegoraro, @counternotions, and @profcarroll
| 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.| 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:
SecurityWeek, XDA Developers, Thurrott, The Record, phonearena.com, and ZDNet. Tweets: @androiddev
| 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, USA Today, Softpedia News, IGN India, KnowTechie, Gamereactor UK, Laptop Mag, 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
| Sarah Perez / TechCrunch: |
Google launches a website for people struggling with food insecurity, aggregating 90K places offering free food support, a Google Maps locator tool, and more — Google today is launching a new suite of resources for people struggling with food insecurity across the U.S. The project includes … | 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, cloudpro.co.uk, TechRadar, The Register, Tom's Guide, Gizchina, Notebookcheck.net, ZDNet, and MSPoweruser
| The Information: |
Source: Apple is on track to spend ~$300M on Google Cloud services in 2021, up roughly 50% from 2020, dwarfing ByteDance, Spotify, and other large customers — Apple executives have taken swipes at Google in the past over its privacy practices. But the iPhone maker trusts Google enough … | 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
| 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, Crypto Briefing, Bloomberg, CoinDesk, Cointelegraph, cryptodaily.co.uk, Cryptonews, and Coinspeaker
| Ingrid Lunden / TechCrunch: |
DevOps company JFrog acquires Vdoo, which develops AI-based security tools for IoT and connected devices, for $300M — JFrog, the company best known for a platform that helps developers continuously manage software delivery and updates, is making a deal to help it expand its presence …
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CTech, VentureBeat, and CRN
| Mary Ann Azevedo / TechCrunch: |
Orum, which provides an API to help financial institutions move money in real time, raises $56M Series B, bringing its total raised to $86M+ — Orum, which aims to speed up the amount of time it takes to transfer money between banks, announced today it has raised $56 million in a Series B round of funding.| 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
| 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 … | 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
Tweets: @wsj, @danamattioli, @davecbenoit, and @matthewstoller
| 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 … | 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
| 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.| 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 …
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CTech, Silicon Canals, Reuters, and Crunchbase News
| Ashley Carman / The Verge: |
Instagram says it is running a small test that lets any user share links in their Stories through a sticker — Now with a linking sticker — Instagram has always limited who can post swipe-up links to their stories, but today, the company is starting a new test that could widen that ability.| Reuters: |
Google says it removed two user-generated maps that listed names and addresses of hundreds of Thai activists accused of opposing the monarchy — Google took down two Google Maps documents on Monday that had listed the names and addresses of hundreds of Thai activists who were accused …
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Washington Post
| Emma Betuel / TechCrunch: |
4G Clinical, which develops software to manage clinical trials, raises $200M led by Goldman Sachs — The pandemic significantly changed how we do medical research, and now companies are trying to figure out what trends will stay and which ones will go. One that 4G Clinical is hoping …
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SiliconANGLE
| Gillian Tan / Bloomberg: |
Age of Learning, which develops the subscription-based digital education service ABCmouse, raises $300M led by TPG at a $3B valuation — - Qatar Investment Authority, Madrone Capital also participated — Age of Learning CEO says proceeds will fuel global expansionSponsor Posts
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