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July 1, 2021, 12:40 PM
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| Salvador Rodriguez / CNBC: |
Adam Mosseri says Instagram plans to test video more broadly, calls TikTok and YouTube competitors, and says Instagram is “no longer a photo-sharing app” — - Facebook's head of Instagram said the service plans to start showing users full-screen, recommended videos in their feeds.
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The Verge, Engadget, Tubefilter, PetaPixel, phonearena.com, KnowTechie, iDownloadBlog.com, Financial Times, The Hollywood Reporter, iMore, MacRumors, iPhone Hacks, TNW, and Ubergizmo
Tweets: @mosseri, @alexjamesfitz, @taylorlorenz, @jake_k, @verge, @alex193a, @digiphile, @amil, @alex193a, @teslimalabi_, @rarasensei, @entysads, @richlightshed, @nicksaysgo, @michaelmiraflor, @eugenialoli, @rivryan, @karissabe, @viditb, @adrierising, @kennwhite, @joshelman, @smarinophoto, @lblasey, @mikeolbinski, @sheepchase, @chrismessina, @broderick, @thesocialchain, @claytoncubitt, @bengrosser, @miarsato, @msiddiqi, @joshuaogundu, @modestproposal1, @elamin88, @j_kirkland, @_hintermeister_, @navalang, @raewitte, @alex193a, @eldritchgirl, @fxflow, @jcorb_, @somecody, @stockmktnewz, and @kimmcnichol
| Austin Carr / Bloomberg: |
Documents and interviews detail how a junior Microsoft engineer exploited a bug to generate Xbox gift card codes worth $10.1M+ before his arrest in Nov. 2020 — The Xbox gift card came with a string of 25 letters and numbers. The digits, known as a 5x5 code, were sent in an email …
More:
Windows Central, PC Gamer, GameSpot, thegamer.com, and purexbox.com
Tweets: @jasonschreier, @austincarr, @business, and @ethangach
| Catalin Cimpanu / The Record: |
NSA, FBI, and others say Russian hacking group Fancy Bear has been using Kubernetes to run brute force attacks on US and foreign organizations since mid-2019 — US and UK cybersecurity agencies said today that a Russian military cyber unit has been behind a series of brute-force attacks …
More:
NSA.gov, BleepingComputer, NBC News, CyberScoop, Forbes, CNN, and ComputerWeekly.com
Tweets: @nsacyber, @gordoncorera, @johnhultquist, @jennamc_laugh, @b_fung, @b_fung, @tonyajoriley, @b_fung, and @campuscodi
| Paul Sawers / VentureBeat: |
Articulate, which offers SaaS products that Amazon and other companies use to create training courses for employees, raises $1.5B Series A at a $3.75B valuation — Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out.
More:
Protocol, Crunchbase News, TechCrunch, and FinSMEs
| Matt Day / Bloomberg: |
Days before Bezos steps aside, Amazon adds two points to its 14 corporate values, requiring staff to consider welfare of coworkers and society at large — - Workers now required to consider employee welfare, society — Employees are hired, evaluated on how they conform to list
More:
GeekWire, About Amazon, Insider, CNBC, and fossbytes.com
Tweets: @carnage4life, @carnage4life, @markhurst, @bradstone, @eringriffith, @mattmday, @girdley, @mattmday, and @bradstone
| Jacob Kastrenakes / The Verge: |
TikTok is rolling out longer videos of up to three minutes, up from one minute, to all users over the coming weeks, after testing them since December — Now up to three minutes — TikToks are about to get longer. The app is now rolling out the ability for everyone to publish videos …
More:
TikTok, PCMag, The Economic Times, Softpedia News, CNET, TechCrunch, MUO, iPhone Hacks, Neowin, 9to5Mac, and KnowTechie
Tweets: @stokel, @benji_fernandes, @abhymurarka, @stokel, @stokel, @alexhern, and @martinsfp
| ACLU: |
Maine enacts the strongest statewide facial recognition law in the US, prohibiting the use of facial recognition tech in public schools and most police work — AUGUSTA, Maine - Maine has enacted the country's strongest statewide facial recognition law. Maine's law prohibits the use …
| Thomas Claburn / The Register: |
Sources: IBM's company-wide email migration, 18 months in the making, has left many employees unable to use email or schedule calendar events for several days — IBM's planned company-wide email migration has gone off the rails, leaving many employees unable to use email or schedule calendar events.
Tweets: @markham, @jalajboy, @kebelledonne, @benedictevans, @chrisfralic, @chuff_sf, @stevekovach, @jackbrewster, @mohamed, @film_girl, @cedfunches, @chingedyching, @darth, @achis, @quinnypig, @yeetguru, and @leyrer
| Eugene Kim / Insider: |
Sources: Amazon is discussing forming a “Rebel Alliance” with Slack and other companies to challenge Microsoft's dominance of the work-productivity app market — - Amazon has discussed creating a software bundle with other companies to compete with Microsoft.
More:
New York Post and Bloomberg
Tweets: @thetrentharvey, @jeffjohnroberts, @stefann42, @nichcarlson, and @garrytan
| Sergiu Gatlan / BleepingComputer: |
CISA releases a new self-assessment tool to help organizations understand how well they are equipped to defend against and recover from ransomware attacks — The US Cybersecurity and Infrastructure Security Agency (CISA) has released the Ransomware Readiness Assessment (RRA), a new module for its Cyber Security Evaluation Tool (CSET).| Kyle Bradshaw / 9to5Google: |
Google updates its Passes API to let users store COVID vaccine cards on Android devices, starting in the US, and says it won't keep a copy of user's information — Google has announced today that Google Pay is now capable of saving and displaying COVID-19 vaccination cards on Android …
More:
Google Developers Blog, The Verge, The Verge, SiliconANGLE, TechCrunch, TechCrunch, CNET, PCMag, BBC, t3.com, phonearena.com, Android Headlines, BGR India, TechSpot, and Gizchina
Tweets: @bremaininspain, @drericding, and @caesars
| Politico: |
Around 130 countries, including all G20 nations, agree to a global tax deal, aimed at world's 100 biggest companies and setting minimum corporate rates at 15% — The world's largest economies agreed Thursday to sweeping changes to the global tax system, despite staunch opposition …
More:
OECD, Bloomberg, Protocol, Nikkei Asia, Reuters, Wall Street Journal, CNBC, Axios, U.S. Department …, and Politico
Tweets: @secyellen, @markscott82, @ustreasury, @secyellen, @secyellen, @secyellen, and @katedavidson
| Jonathan Zittrain / The Atlantic: |
A look at link rot, and projects like Perma, which are trying to give authors of enduring documents like scholarly papers a way to preserve links permanently — Sixty years ago the futurist Arthur C. Clarke observed that any sufficiently advanced technology is indistinguishable from magic.| Reuters: |
Putin signs a law forcing foreign tech companies with a daily audience in Russia of over 500,000 people to open offices in the country by 2022 — President Vladimir Putin has signed a law that obliges foreign social media giants to open offices in Russia, a document published by the government …
More:
New York Post and The Moscow Times
| Nina Bambysheva / Forbes: |
Brazil's largest crypto exchange Mercado Bitcoin raises $200M Series B from SoftBank Latin America Fund, valuing its parent company 2TM Group at $2.1B — I cover cryptocurrencies and other applications of blockchain — Brazil's leading cryptocurrency exchange, Mercado Bitcoin raised $200 million … | Alex Hern / The Guardian: |
Facebook, Google, Twitter, and TikTok sign up to pledge led by WWWF, to overhaul their moderation systems to tackle the abuse of women on their platforms — Facebook, Google, Twitter and TikTok commit to overhaul their platform's moderation systems — Four of the world's largest social networks …
More:
World Wide Web Foundation, Engadget, ZDNet, World Wide Web Foundation, BBC, and CNET
| David Ingram / NBC News: |
A federal judge has issued a preliminary injunction blocking Florida's Stop Social Media Censorship Act from going into effect, which was scheduled for Thursday — A federal judge Wednesday put on hold a first-of-its-kind law in Florida that authorized the state to penalize social media companies …
More:
Northern District Court of Florida, Washington Post, Bloomberg, Axios, Sun-Sentinel, TNW, Political Wire, Orlando Sentinel, Miami Herald, Reason, Fox Business, and Politico
Tweets: @mjs_dc, @aricohn, @adamsteinbaugh, @electproject, @donie, @reckless, @aricohn, @dwuhlfelderlaw, @aricohn, @annaforflorida, @grantstern, @annaforflorida, @eff, @bradheath, @carnage4life, @aricohn, @nikkifried, @amandacarpenter, @aricohn, @reckless, @reckless, @techfreedom, @senatorshoshana, @jeffjarvis, @adegrandpre, @reckless, and @debipcfla
| Michelle F Davis / Bloomberg: |
Olive, which is developing AI bots to automate healthcare administration tasks, raises $400M at a $4B valuation, seven months after being valued at $1.5B — Olive, a digital-health startup looking to use technology to help health-care firms automate tasks, has closed a funding round that values …
More:
PR Newswire, Columbus Business Journal, and MobiHealthNews
| Ercan Ersoy / Bloomberg: |
Hepsiburada.com, one of Turkey's largest online shopping services, raises $470M in its Nasdaq IPO at a $3.9B valuation — - E-commerce platform gets $738 million from IPO of 20% stake — Franklin Resources still backs the firm even as it cuts stake — Hepsiburada.com was valued …
More:
PR Newswire and Reuters
| Saqib Shah / Engadget: |
Facebook is making its free cloud gaming service for desktop and Android available to 98% of mainland US and partners with Ubisoft — Oculus VR and livestreams, Facebook's gaming ambitions also include the cloud. Today, the company is making free game streaming available to 98 percent …
More:
About Facebook
| Patrick Clark / Bloomberg: |
Goldman Sachs leads $32M Series A in Entera, a SaaS provider helping real estate investors find, buy, and manage single-family homes in 24 markets across the US — - Entera helps investors find, buy and renovate rental houses — Investors used software to acquire nearly $1 billion in homes
Source:
Business Wire
| Trilby Beresford / Hollywood Reporter: |
Singularity 6, which is developing an MMO community sim game called Palia, raises $30M Series B led by FunPlus Ventures, with a16z and others participating — ‘Palia’ is a massively-multiplayer simulation game designed for players to build friendships and community.
More:
VentureBeat, GamesIndustry.biz, Bleeding Cool, GameSpot, and Gamasutra
| Paul Alcorn / Tom's Hardware: |
Micron announces that it has agreed to sell its 3D XPoint fab in Utah to Texas Instruments for $900M in cash — Micron announced today that it has entered into a definitive agreement to sell its Lehi, Utah fab to Texas Instruments for $900 million in cash.
More:
AnandTech, The Register, and TechSpot
| Natasha Mascarenhas / TechCrunch: |
Paper, which provides educational software to K-12 schools in the US and Canada, raises $100M Series C led by IVP — For edtech startups, it's always been easier to go direct-to-consumer than it is to sell into school districts. The latter has stodgy and strict sales cycles …
More:
Forbes
| Steve Crowe / The Robot Report: |
Zebra Technologies acquires Fetch Robotics, which builds autonomous industrial robots powered by cloud-based software, for $290M — Fetch Robotics, a San Jose, Calif.-based developer of autonomous mobile robots (AMRs) for logistics, has been acquired by Lincolnshire, Ill.-based Zebra Technologies for $290 million.| Cromwell Schubarth / Silicon Valley Business Journal: |
Business management software company Intapp raised $273M in its Nasdaq IPO at a ~$1.6B valuation; its stock rose nearly 8% in its first day of trading — Intapp Inc. raised $273 million in an initial public offering that hit the middle of its price targets on Tuesday.
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Dow Jones Newswires
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