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July 7, 2021, 5:25 PM
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| 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
More:
New York Times, Tech in Asia, Nikkei Asia, Reuters, PYMNTS.com, TechNode, and Wall Street Journal
Tweets: @gopalsri, @shiraovide, @luluyilun, @bluff_capital, @rmkoutfront, @jorge_guajardo, and @liyuan6
| Bloomberg: |
China's crackdown on its tech giants wiped a combined $823B off their market value since a Feb. peak, with Tencent, Alibaba, and Kuaishou as the biggest losers — - Selling in technology sector seen continuing this quarter — Hang Seng Tech Index has lost 31% from February high
More:
Bloomberg, Protocol, and Financial Times
Tweets: @vshih2, @jacobhelberg, @can, @jacobhelberg, and @sub8u
| CNBC: |
Donald Trump sues Facebook, Twitter, and Google, as well as their CEOs, alleging 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.
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Washington Post, CNN, Bloomberg, CNET, The Verge, Protocol, TechCrunch, Ars Technica, Tech Policy Press, The Economic Times, BBC, Yahoo News, Financial Times, Gizmodo, Vox, AppleInsider, The Daily Dot, Politico, Heimdal Security Blog, The Register, The Week, TNW, Associated Press, CCIA, Axios, TechCrunch, HotHardware.com News, Finbold, Insider, iThinkDifferent, Financial Times, The Wrap, Android Central, Engadget, The Hill, Mashable, Variety, Neowin, MacDailyNews, and KnowTechie
Tweets: @nytnickc, @bradheath, @adamsteinbaugh, @samstein, @bencjacobs, @devlinbarrett, @tribelaw, @timobrien, @saracarterdc, @billmon27, @johnwdean, @j_remy_green, @teri_kanefield, @goldengateblond, @cward40mc, @out5p0ken, @tonygoldmark, @kendallybrown, @bobbywilson1004, @levparnas, @michaelgrantbks, @joycecaroloates, @harrylitman, @morningconsult, @sarafischer, @brooklynmarie, @lindaholmes, @m_feeney, @pwnallthethings, @caseynewton, @barbmcquade, @evelyndouek, @geoffrbennett, @pwnallthethings, @willoremus, @adamsteinbaugh, @tortmuseum, @erickfernandez, @pwnallthethings, @axios, @mattblaze, @dylanbyers, @djrothkopf, @dylanbyers, @meridithmcgraw, @sarafischer, @adamkinzinger, @willoremus, @katiephang, @rayredacted, @pwnallthethings, @adamsteinbaugh, @mmasnick, @kevincollier, @pwnallthethings, @pwnallthethings, @adamsteinbaugh, @bradmossesq, @arguendiot, @oliverdarcy, @walshfreedom, @popehat, @reckless, @keitholbermann, and @campuscodi
| 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.| 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.| 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 …
More:
TikTok, The Verge, CNET, 9to5Mac, and Insider
Tweets: @alanaauston, @rabbithole_gg, @k17ubha, @joshuaogundu, @joshuaogundu, @contrahq, @admaniexplains, @carnage4life, @sarthakgh, @mmasnick, and @caseynewton
| 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.
More:
The Information and BetaKit
| 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
More:
PYMNTS.com, The Hill, Windows Central, BleepingComputer, DIVD CSIRT, Graham Cluley, TechRadar, CyberScoop, and SC Media
Tweets: @mbthreatintel, @gazthejourno, @dnvolz, @nicoleperlroth, and @wsj
| Jason Schreier / Bloomberg: |
Ubisoft confirms it's developing Assassin's Creed Infinity, an online service with evolving gameplay that expands over time, seeking to emulate Fortnite and GTA — Assassin's Creed, a video game franchise set in huge worlds where each one can take hundreds of hours to complete, is getting even bigger.
More:
Ubisoft, Game Informer, HotHardware.com News, VentureBeat, Laptop Mag, Tom's Guide, Windows Central, TechRadar, KnowTechie, SlashGear, thegamer.com, GamesIndustry.biz, mobilesyrup.com, Rock, Paper, Shotgun, PC Gamer, Game Rant, GameSpot, Press Start, purexbox.com, Kotaku Australia, TechSpot, GamingBolt, Wccftech, MSPoweruser, Engadget, VG247, Destructoid, Trusted Reviews, The Verge, Digital Trends, Polygon, Forbes, Video Games Chronicle, Pocket-lint, and Micky
Tweets: @jasonschreier, @jasonschreier, @jasonschreier, @laurakbuzz, @zhugeex, @jasonschreier, @jasonschreier, and @ubisoft
| David Uberti / Wall Street Journal: |
S-1: Robinhood's crypto brokerage expects to pay a $10M+ settlement to New York regulators for improper cybersecurity and anti-money-laundering practices — Trading app says fine of its cryptocurrency brokerage could exceed $15 million following investigation of allegedly lax security practices| Tom McKay / Gizmodo: |
In an attempt to keep ahead of China's regulations, Tencent says it'll use a facial recognition system to prevent minors from playing games late into the night — Shenzhen, China-based gaming giant Tencent has announced it will use a face recognition system to prevent minors in its home country …
More:
Ars Technica, PingWest, PC Gamer, Input, Insider, BBC, PCMag, thegamer.com, iPhone in Canada Blog, and caixinglobal.com
Tweets: @sixthtone, @tiffanycli, and @evan_greer
| Carson Kessler / ProPublica: |
Some users have reported getting locked out of their accounts at Chime, a “neobank” serving millions, with 920 complaints filed to CFPB since April 15, 2020 — Chime, a “neobank” serving millions, is racking up complaints from users who can't access their cash.
More:
Ars Technica and BGR
Tweets: @jstrauss, @charlesornstein, @propublica, @propublica, and @propublica
| Michael P. Regan / Bloomberg: |
A look at synthetic shares of Apple, Amazon, and others, which track the prices of real stocks and are being traded on blockchain projects like Mirror Protocol — - A DeFi ‘Trojan Horse’ finds its way to the stock market — Sounds like ‘investor-protection issue,’ says Themis's Saluzzi
More:
BTCMANAGER, MacDailyNews, AppleInsider, Blockonomi, and iMore
Tweets: @counternotions, @sandeepparekh, @thestalwart, @crypto, @sivaram_v, @d0h0k1, @davidgzeiler, and @algotrdr
| Natasha Lomas / TechCrunch: |
Mozilla's crowdsourced study about YouTube over a 10-month period finds 71%+ videos flagged as objectionable by participants were recommended by YouTube itself — For years YouTube's video-recommending algorithm has stood accused of fuelling a grab-bag of societal ills by feeding users …
More:
NBC News, Wall Street Journal, AppleInsider, ZDNet, Slashdot, The Daily Dot, CNET, and TNW
Tweets: @johnwilander, @ronamadeo, @adl, @brandyzadrozny, @anthony, and @hypervisible
| Parmy Olson / Wall Street Journal: |
How activists and fraudsters are evading facial recognition, including by using face masks and paint and combining multiple faces to form a new identity — The Future of Everything covers the innovation and technology transforming the way we live, work and play, with monthly issues on health, money, cities and more.
Tweets: @evanselinger, @martijnrasser, and @parmy
| Alfred Ng / The Markup: |
Public records and a 2019 version of its user guide show just how invasive AnyVision's facial recognition software can be; AnyVision's customers include schools — One school using the software saw that a student's face was captured more than 1,000 times during the week
Tweets: @alfredwkng, @themarkup, @evan_greer, @evan_greer, @jessedamiani, and @fabiochiusi
| Thomas Shum / Bloomberg: |
Sotheby's auction house says it will accept bitcoin and Ether at the sale of a 101.38-carat diamond, which could fetch as much as $15M, on Friday — - Pear-shaped flawless gem could fetch $15 million at auction — Bitcoin, Ether will be accepted at Hong Kong sale on Friday
More:
BitcoinExchangeGuide, BTCMANAGER, and Financial News
| Jeanne Whalen / Washington Post: |
Inside a GlobalFoundries chipmaking plant in upstate NY, filled with $10B worth of machinery, detailing the three-month, 700-step chip manufacturing process — The U.S. Senate has set aside $52 billion in hopes of increasing the U.S. share of semiconductor manufacturing.
Tweets: @stevenkvogel
| Mary Ann Azevedo / TechCrunch: |
Unit21, which helps businesses monitor fraudulent activities via APIs and a dashboard, raises $34M Series B led by Tiger Global at a $300M valuation — Unit21, a startup that helps businesses monitor fraudulent activities with its no-code software, announced today it has raised $34 million …
Tweets: @bayareawriter and @darian314
| Sarah McBride / Bloomberg: |
Evernote founder's Mmhmm, a video service that works with Zoom, Teams, and Webex and can add effects to calls, raises $100M led by SoftBank's Vision Fund — When Phil Libin created note-taking app Evernote in 2007, he was making a bet that smartphones would be the next big thing.| Ryan Browne / CNBC: |
Wise begins trading in London direct listing, valuing the money transfer firm at $11B, and launches OwnWise, a program to let users own a stake in the company — - Wise shares opened at £8 a share Wednesday morning, giving the company a market value of £8 billion ($11 billion).
More:
Reuters, Bloomberg, Insider, PYMNTS.com, Sifted, The Guardian, Crowdfund Insider, Tech.eu, and Bloomberg
Tweets: @bgurley, @quinnypig, @ryan_browne_, and @ryan_browne_
| 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 …
Tweets: @cnyari, @alexroy144, @leratomannya, @mattnavarra, @chrisbrogan, @mosseri, and @stratechery
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