| 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.| 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 … | 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 … | 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.| 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 … | 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 … | 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 … | 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| Jonathan Zittrain / The Atlantic: |
| 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.| 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 … | 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 … | Patrick Clark / Bloomberg: |
| 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 … | 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).| 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.| 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.”| 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.| David Cohen / Adweek: |
Pinterest updates its ad policies to prohibit ads containing weight loss language and imagery — It worked with the National Eating Disorders Association on its updated policy — Ads promoting healthy lifestyles and habits or fitness services and products will still be allowed| 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.| 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.| 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| Sam Shead / CNBC: |
Amazon says it is setting up a new development center in Helsinki to support Amazon Scout, an autonomous delivery robot that the company is testing in the US — - The Seattle-headquartered tech giant said in a blog post that it is setting up a new “Development Center” to support Amazon Scout … | 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 … | 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.
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| Alex Hern / The Guardian: |
| BuzzFeed News: |
| Federico Viticci / MacStories: |
| Jessica Bursztynsky / CNBC: |
| Stephen Nellis / Reuters: |
| The Block: |