| Leah Nylen / Politico: |
AGs from 36 states and DC file an antitrust suit against Google, targeting Play Store's practice of making devs use its billing system and charging a commission — The lawsuit filed in California federal court is the third by state attorneys general to target the company for alleged antitrust violations.| Wilson White / The Keyword: |
Google says antitrust suit by 37 AGs targeting Google Play is “meritless” as it ignores Android's openness to allow competing app stores and sideloading of apps — We built Android to create more choices in mobile technology. Today, anyone, including our competitors … | Kishan Vyas / XDA Developers: |
OnePlus confirms the OnePlus 9 and 9 Pro throttle many popular apps to improve battery life, after investigations found uneven throttling across apps/benchmarks — While camera and display haven't always remained the strongholds of OnePlus, performance is one area where OnePlus phones have historically been quite good.| CNBC: |
Donald Trump sues Facebook, Twitter, and YouTube, as well as Zuckerberg, Dorsey, and Pichai, claiming the companies have violated his First Amendment rights — - Former President Donald Trump announced he is suing Facebook, Twitter and Google, as well as their respective CEOs Mark Zuckerberg, Jack Dorsey and Sundar Pichai.| Bonnie Kristian / The Week: |
Trump's lawsuits that claim Facebook, Twitter, and YouTube violated his First Amendment rights are just PR and fundraising tools, and likely legally doomed — One member of this class action is not like the others — Former President Donald Trump announced himself on Wednesday … | Igor Bonifacic / Engadget: |
TikTok tests letting US users apply for jobs with video resumes, posted with a #TikTokResumes hashtag; 30+ brands join the pilot including WWE, Shopify, Target — expanding into job recruitment. As of today, the company has launched a pilot program that allows people in the US to apply for entry … | Wall Street Journal: |
A Dutch security researcher group says it had notified Kaseya in April about one of the flaws that was exploited in the devastating ransomware attack last week — President Biden is meeting officials to discuss recent attacks, including latest affecting hundreds of organizations around the world| Isabelle Lee / Insider: |
Visa is partnering with 50+ crypto firms, including Coinbase, to allow users to convert and spend crypto, says $1B+ was spent via crypto-linked Visa cards in H1 — - Visa is partnering with over 50 crypto companies to allow clients to spend digital currencies.| Fu Ting / Associated Press: |
WeChat has abruptly deleted dozens of accounts of LGBTQ+ student groups and NGOs across China, citing rules violations without providing further details — BANGKOK (AP) — China's most popular social media service has deleted accounts on LGBT topics run by university students and nongovernment groups … | Alexander Osipovich / Wall Street Journal: |
Robinhood's IPO filing shows 81% of Q1 revenue came from payment for order flow, an oft-scrutinized practice that could potentially be banned by the SEC — The practice provided 81% of the online brokerage's first-quarter revenue — Robinhood Markets Inc. is on a collision course … | Alex Heath / The Verge: |
Facebook-commissioned study by Comscore claims that most US iOS and Android users stick with preinstalled apps; Apple says the study is “seriously flawed” — If you use an iPhone or Android phone, chances are the majority of your most-used apps were made by Apple and Google.| Saritha Rai / Bloomberg: |
Report: India has over a thousand funded startups and ten unicorns in the SaaS sector, generating as much as $3B in annual subscription revenues — - The number of SaaS unicorns could increase 10-fold in India — Industry group forecasts strong growth for SaaS market| Bloomberg: |
Sources: China plans rule changes requiring Chinese companies to seek approval to list overseas, even if the unit selling shares is incorporated outside China — - Securities regulator working to change overseas listing rules — Change would require VIE firms to get nod to list offshore| Arjun Kharpal / CNBC: |
| Ben Thompson / Stratechery: |
Instagram's shift away from being a photo-sharing app fits within its broader continuous evolution, from photo filtering tool to network to Stories and beyond — Last week Head of Instagram Adam Mosseri posted a video on Instagram about Instagram: … Everyone that I've seen … | Gené Teare / Crunchbase News: |
Analysis of global venture funding for H1 2021: $288B invested, an all-time high and up by $110B on H2 2020, with most going to late-stage companies — Global venture capital funding in the first half of 2021 shattered records as more than $288 billion was invested worldwide, Crunchbase numbers show.| Nishant Sharma / BloombergQuint: |
Zomato prices shares at $0.96-$1.02 for its IPO in India that opens on July 14, is seeking to raise $1.3B at valuation of about $8B — Zomato Ltd. is seeking a valuation of up to Rs 60,000 crore as the food ordering and delivery platform looks to raise capital for expansion.| Chris Welch / The Verge: |
Verizon launches “Verizon Adaptive Sound,” a spatial audio feature available first on new Motorola devices, with support across hardware and streaming services — It's already being added to existing Motorola devices — You know spatial audio is having quite a moment … | Michael Sheetz / CNBC: |
Planet Labs, which provides satellite imagery data analytics to 600+ customers, plans to go public via a SPAC merger at a post-deal equity value of $2.8B — - Satellite imagery and data specialist Planet Labs is preparing to go public, merging with a SPAC in a deal with backing from Google, BlackRock, and Marc Benioff.| Manish Singh / TechCrunch: |
Indian startup Teachmint, which lets teachers create their own virtual classes using its mobile app and video infrastructure, raises $20M led by Learn Capital — As most Indian edtech startups work on broadening their catalog with live and recorded courses for students …
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| Jason Schreier / Bloomberg: |
| Natasha Lomas / TechCrunch: |