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July 1, 2021, 5:25 PM
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memeorandum
WeSmirchTop News
| Dan Primack / Axios: |
Robinhood files for long-awaited IPO, says it will set aside up to 35% of shares for retail investors — Popular trading app Robinhood on Thursday filed for its initial public offering, and disclosed that it will set aside up to 35% of shares for retail investors who rarely get to buy at a company's IPO price.
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U.S. Securities …, Wall Street Journal, TechCrunch, CNET, Blockworks, San Francisco Business Journal, Insider, Wall Street Journal, FinLedger, Forbes, VICE, The Verge, TechCrunch, and Crypto Briefing
Tweets: @mikeisaac, @cydharrell, @hardscifimovies, @tomgara, @owenthomas, @eringriffith, @schuldensuehner, @hunterwalk, @ekmokaya, @cgasparino, @ericnewcomer, @stevekovach, @julianklymochko, @sawyermerritt, @convertbond, @dee_bosa, @zerohedge, @teslacharts, @coindesk, @bcheungz, @schuldensuehner, @michaelbatnick, @lawmaster, and @jeffjohnroberts
| Maggie Fitzgerald / CNBC: |
More:
New York Times, New York Post, CNBC, and NewsBTC
Tweets: @yunli626, @ryan_browne_, @quinnypig, and @ericnewcomer
| 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 …
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The Verge, PC Gamer, Game Rant, IGN, purexbox.com, GameSpot, Windows Central, SegmentNext, and thegamer.com
Tweets: @jimsterseventy1, @emilychangtv, @shiraovide, @verge, @business, @jasonschreier, @austincarr, @marypcbuk, 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 …
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NSA.gov, Wired, BleepingComputer, ZDNet, CNN, The Hill, The Cloudflare Blog, NBC News, Dark Reading, SecurityWeek, SC Media, Forbes, and CyberScoop
Tweets: @wired, @a_greenberg, @gordoncorera, @tonyajoriley, @jennamc_laugh, @nsacyber, @campuscodi, @johnhultquist, @b_fung, @b_fung, and @b_fung
| 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 …
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TikTok, TechCrunch, Engadget, Livemint, Input, Tubefilter, Silicon Republic, Android Headlines, Variety, PCMag, Softpedia News, CNET, and Neowin
Tweets: @stokel, @martinsfp, @stokel, @briefnorris, @abhymurarka, @benji_fernandes, @stokel, @bryandfischer, @alexhern, and @sarthakgh
| Sarah Perez / TechCrunch: |
Twitter shows off new features it is testing including a way to tweet only to a group of trusted friends, ability to tweet under different “personas”, and more — Twitter has a history of sharing feature and design ideas it's considering at very early stages of development.
More:
The Verge. Tweets: @mylestanzer, @bstapies, @roslyntalusan, @mattophobia, @dr0ptopminivan, @gchampeau, and @tomwarren
| 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.
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Protocol, Crunchbase News, SiliconANGLE, 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
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GeekWire, About Amazon, CNET, Protocol, Insider, CNBC, and fossbytes.com
| 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, Bloomberg, and OnMSFT.com
Tweets: @tobi, @garrytan, @nichcarlson, @thetrentharvey, @parismarx, @eugenekim222, @daviduberti, @jeffjohnroberts, @eastdakota, and @stefann42
| Jason Snell / Six Colors: |
As Apple releases macOS Monterey public beta, an in-depth look at Focus, iCloud Private Relay, Safari's revamped UI, FaceTime, SharePlay, and other new features — If there's a theme of Apple's operating-system releases in 2021, it's platform unification. This development is most significant …
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TechCrunch, MacRumors, CNET, Thurrott, The Verge, Appleosophy, Macworld, The Verge, MacDailyNews, PCMag, Forbes, and CNN. Tweets: @jsnell
| 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.| 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 …
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Facebook, Protocol, PCMag, Gizmodo, 9to5Mac, Reuters, iPhone Hacks, MSPoweruser, and SlashGear
Tweets: @pucknorris, @alexvoica, and @facebookgaming
| Mark Gurman / Bloomberg: |
Sources: Apple plans to test a hybrid in-store and work-from-home arrangement for retail employees later this year under a pilot program dubbed Retail Flex — - Company to pilot “Retail Flex” program for employees this year — Apple earlier asked office workers to return three days a week| 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 … | Politico: |
Former Trump spokesman Jason Miller leads GETTR, a Twitter-like service that bills itself as a “non-bias social network”, in the newest pro-MAGA tech venture — Former President Donald Trump's team quietly launched a new social media platform on Thursday, billing it as an alternative to Big Tech sites.
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VICE, Axios, CNET, The Hill, Insider, Variety, and MUO
| 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:
Business Wire, TechCrunch, The Block, cryptodaily.co.uk, Crypto Briefing, CoinDesk, Cointelegraph, Reuters, and Bitcoin Magazine
Tweets: @bayareawriter and @marceloclaure
| 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).| 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, SiliconANGLE, FinSMEs, Columbus Business Journal, MobiHealthNews, and afrotech.com. Tweets: @wallstreetpaper
| 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 …
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CNBC, OECD.org, Axios, OECD, Tech Xplore, Bloomberg, Nikkei Asia, Reuters, Wall Street Journal, and U.S. Department …
| Russell Brandom / The Verge: |
FTC passes new measures expanding its power to regulate anti-competitive business practices, in its first open business meeting in more than 20 years — The first open business meeting of the Federal Trade Commission in more than 20 years — In an open meeting on Thursday …
More:
CNN, Wall Street Journal, CNBC, and The Hill
Tweets: @cullend, @kylebrussell, and @russellbrandom
| Mark Haranas / CRN: |
HPE says it will acquire Zerto, developer of automated software for helping clients recover from unplanned data loss, for $374M in cash — 'Zerto's market-leading cloud data management and protection software expands HPE GreenLake cloud data services, allowing customers to protect their data … | 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, The Verge, The Daily Dot, World Wide Web Foundation, inews.co.uk, BBC, Engadget, CNET, and ZDNet
| Meir Orbach / CTech: |
Juno Journey, which uses AI to offer learning and personal development programs for employees, raises $19M Series A led by Insight Partners — The Israeli AI startup customizes the learning and personal development experience for employees — Juno Journey, which has created an AI platform …
More:
FinSMEs and Globes Online
| 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, TechCrunch, Bleeding Cool, and GameSpot
| 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.
More:
Financial Times. Tweets: @sladesr, @thesiskar, @jonahedwards, @heghoulian, @matthewkeyslive, @berkmanonlyfans, @ethanz, @paulg, @drewsthatdude, and @lanceulanoff
| 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:
FrontPageTech.com, The Information, iThinkDifferent, AppleInsider, SlashGear, Android Central, Digital Music News, PetaPixel, Financial Times, iMore, MacRumors, KnowTechie, phonearena.com, Ubergizmo, Tubefilter, iDownloadBlog.com, iPhone Hacks, and Engadget
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