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July 1, 2021, 9:05 AM
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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.
More:
The Verge, MacRumors, Ubergizmo, iPhone Hacks, iMore, Firstpost Tech, SiliconANGLE, TNW, 9to5Mac, BGR, Gizmodo, TechCrunch, Input, and The Hollywood Reporter
Tweets: @mosseri, @alexjamesfitz, @taylorlorenz, @alex193a, @thesocialchain, @eugenialoli, @viditb, @sheepchase, @verge, @alex193a, @nicksaysgo, @smarinophoto, @alex193a, @modestproposal1, @teslimalabi_, @claytoncubitt, @raewitte, @rarasensei, @bengrosser, @entysads, @richlightshed, @stockmktnewz, @michaelmiraflor, @rivryan, @j_kirkland, @joshuaogundu, @eldritchgirl, @miarsato, @karissabe, @kimmcnichol, @fxflow, @_hintermeister_, @adrierising, @navalang, @kennwhite, @joshelman, @elamin88, @lblasey, @jcorb_, @mikeolbinski, @chrismessina, @broderick, @msiddiqi, @somecody, and @shiraovide
| 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, TNW, Sun-Sentinel, Reason, AppleInsider, Orlando Sentinel, Fox Business, Miami Herald, Electronic Frontier Foundation, CNET, Politico, Political Wire, Gizmodo, USA Today, The Hill, The Verge, Techdirt, and Axios
Tweets: @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
| Kyle Bradshaw / 9to5Google: |
Google updates its Passes API to let users store COVID vaccine cards on Android devices, starting in the US; Google will not keep a copy of the user's info — Google has announced today that Google Pay is now capable of saving and displaying COVID-19 vaccination cards on Android, starting with select providers in the United States.
More:
Google Developers Blog, Engadget, The Verge, PCMag, TechSpot, Android Headlines, NFCW, phonearena.com, t3.com, BGR India, Tech Times, Gizchina, and Phandroid
Tweets: @drericding and @caesars
| 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 … | Dieter Bohn / The Verge: |
AT&T joins T-Mobile in making Google's Android Messages the default app for SMS and RCS services on Android phones; Verizon so far has not made the switch — Verizon is the last big carrier not to switch — AT&T and Google have announced that all Android phones on the network …
More:
Cloud Blog, Android Headlines, MUO, Livemint, Android Central, and GSMArena.com
Tweets: @android, @juneforceone, @backlon, @shiraovide, @snazzyq, @maxwinebach, @googleworkspace, @robpegoraro, @lockheimer, and @mishaalrahman
| 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 $3.5B valuation — Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out. — Articulate, a software-as-a-service … | David McLaughlin / Bloomberg: |
Amazon says it is seeking the recusal of FTC chair Lina Khan from matters related to the company, citing her history of criticism and antitrust arguments — - Online retail giant files petition saying Khan shows bias — FTC is reviewing Amazon's purchase of MGM movie studio
More:
Wall Street Journal, New York Times, Protocol, Ars Technica, Financial Times, The Verge, VICE, and Philip Elmer‑DeWitt
Tweets: @ceciliakang, @willoremus, @ranjanxroy, @raaleh, @lam_barrett, @matthewstoller, @b_fung, @kenvogel, @enpancotti, @tyillc, @tiffanycli, @jamessurowiecki, @hamiltonnolan, @daniarajendra, @samfbiddle, @aoifewhite101, @stacyfmitchell, @econ_marshall, @elipariser, @chris_j_walker, @seldo, @moreperfectus, @joenbc, @karaswisher, @kellyweill, @snowjake, @aprilaser, @markhurst, @justinhendrix, @bd_highsmith, @ayeshaasiddiqi, @ddayen, @kantrowitz, @bhbradlow, @andrewgiambrone, @johnwilson, @alibreland, @lam_barrett, @flargh, @mmasnick, @bheater, @aprilaser, @silviakillings, @bigblackjacobin, @zephyrteachout, @matthewstoller, @matthewstoller, @mattmday, @matthewstoller, and @benedictevans
| 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.| 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
| 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:
purexbox.com
| BBC: |
Tim Berners-Lee sells an NFT for $5.4M that represents time-stamped files of the source code for the world wide web and other items, via a Sotheby's auction — The original source code for the world wide web has been sold as a non-fungible token, making $5.4m (£3.9m).
More:
The Guardian, The Register, PCMag, Financial Times, TNW, The Verge, PC Gamer, New York Times, Coinspeaker, Wall Street Journal, Mashable, Cointelegraph, Firstpost Tech, ZDNet, Crypto Briefing, New York Post, The Boston Globe, and AppleInsider
Tweets: @navinblockchain, @financialtimes, @mikko, @gutomartino, @susanlitv, @grady_booch, and @mikko
| 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
| Dave Michaels / Wall Street Journal: |
Financial Industry Regulatory Authority fines Robinhood $70M for misleading customers and system outages, the biggest fine it has ever imposed — Online brokerage faulted for missteps related to options trading and technology outages; company neither admits nor denies allegations
More:
FINRA.org, ZDNet, Under the Hood, Al Jazeera, Tech.co, TGDaily, Axios, The Overspill, Forkast, The Verge, The Register, CNN, Gizmodo, PC Gamer, and TechCrunch
Tweets: @kr00ney, @joesaluzzi, @hshaban, @mikesington, @kateclarktweets, @teslacharts, @bykatherineross, @dbeyrent, @eringriffith, @jessefelder, @gretalwall, @epsilontheory, @robinhoodapp, @donnycrypto, @marcruby, @eringriffith, @nytimes, @kslinvestigates, @eringriffith, @dlauer, @finra, @gilmanhill, @eringriffith, and @fintechfrank
| Riley de León / CNBC: |
SentinelOne closed up 21% at $42.50 per share in its debut, valuing the company at $10B+; SentinelOne had the highest valued cybersecurity IPO in history — - Cybersecurity company SentinelOne made its market debut Wednesday on the New York Stock Exchange and is now trading under the ticker symbol “S.”
More:
SentinelOne, Coinspeaker, Insider, and Dark Reading
Tweets: @spoonen, @shulygalili, @sentinelone, and @ramireyesvc
| 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:
The Register
| Federico Viticci / MacStories: |
As iOS 15 and iPadOS 15 public betas arrive, an in-depth look at Focus, Safari's revamped UI, iPad multitasking, SharePlay, and other new features — For the past three weeks, I've been running the developer beta of iOS and iPadOS 15 on my iPhone 12 Pro Max and M1 iPad Pro, respectively.
More:
ZDNet, 9to5Mac, The Verge, BGR India, Tom's Guide, Gizmodo, Macworld, FrontPageTech.com, and Engadget
Tweets: @dcseifert, @viticci, @snazzyq, @samifathi_, @snazzyq, @backlon, @sandofsky, @tldtoday, @ivanski, @backlon, @tomsguide, @jacksonhvisuals, @9to5mac, @parkerortolani, @viticci, @cgartenberg, @cgartenberg, and @viticci
| 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 … | 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.
More:
GlobeNewswire News Room and Dow Jones Newswires
| Nupur Anand / Reuters: |
Sources: Indian crypto exchanges are scrambling to secure viable payment solutions after banks and payment gateways started cutting ties with them — MUMBAI (Reuters) - Indian cryptocurrency exchanges are scrambling to secure viable, permanent payment solutions to ensure seamless transactions …
More:
Coin Journal and Cointelegraph
| Alex Wilhelm / TechCrunch: |
Codat, which provides APIs to link financial software used by SMBs to external services, raises $40M round led by Tiger Global — This morning Codat, a startup that provides APIs to link small-business fintech data to external services, announced that it has closed a $40 million round led by Tiger Global.| William Turvill / Press Gazette: |
Group M: Google, Facebook, Alibaba, ByteDance, and Amazon claimed 46% of global ad revenues in 2020; in 2010, the then top 5, including News Corp, claimed 17% — Five tech companies today account for nearly half of the world's advertising revenue, a report has found.| Ingrid Lunden / TechCrunch: |
Czech on-demand grocery delivery service Rohlik raises €100M Series C led by Index Ventures at a €1B valuation — “Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from …
More:
Silicon Republic, EU-Startups, Silicon Canals, Tech.eu, Sifted, Forbes, and Reuters. Tweets: @molly_alter
| BBC: |
EU is rolling out its digital vaccine passport across all 27 member nations; it has a QR code and a signature key linking to an individual's vaccine info — The EU's vaccine passport, its Digital Covid Certificate, is being rolled out across all 27 nations.| Jessica Bursztynsky / CNBC: |
Shares of Didi Chuxing closed up 1% in its trading debut, giving it a market cap of $67.8B; stock spiked as much as 28.6% intraday — - Shares of Didi Chuxing, the Chinese ride-hailing giant, began trading Wednesday in its initial public offering. — Didi was most recently valued …
More:
New York Times, PingWest, Nikkei Asia, The Economic Times, and Philip Elmer‑DeWitt
Tweets: @cnbc, @eeismann, @nytimestech, @asymco, @asymco, and @madhavchanchani
| 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 …
More:
TechCrunch, Reuters, The Block, CoinDesk, Cointelegraph, and cryptodaily.co.uk
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