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July 8, 2021, 10:55 AM
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| 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.
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TechCrunch, The Verge, Washington Post, Wall Street Journal, Thurrott, MacRumors, Philip Elmer‑DeWitt, The Hill, Reuters, The Information, iTnews, Firstpost Tech, CNN, The Overspill, Light Reading, TNW, SlashGear, PYMNTS.com, Gizmodo, SiliconANGLE, NBC News, Deadline, and Engadget
Tweets: @joshstein_, @timsweeneyepic, @backlon, @backlon, @klasfeldreports, @newyorkstateag, @stevekovach, @ddayen, @kifleswing, @stevesi, @citizenalex3, @backlon, @daiwaka, @backlon, @econ_marshall, @backlon, @timsweeneyepic, @reckless, @agellison, @jacknicas, @mmasnick, @econliberties, @derekmross, @snazzyq, and @matthewstoller
| 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 …
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Bloomberg, iThinkDifferent, BBC, The Verge, Windows Central, TechSpot, Wccftech, Insider, Silicon Republic, XDA Developers, USA Today, phonearena.com, Tech Xplore, 9to5Google, The Register, Android Central, Vox, and Mashable
Tweets: @lockheimer, @bobbyallyn, @ihnatko, @slightlylate, @thelinuxexp, @dr_scaphandre, and @dnaltews
| New York Times: |
Book excerpt: how the Zuckerberg and Sandberg partnership deteriorated during the Trump era, as Zuckerberg started making calls on the biggest policy decisions — The company they built is wildly successful. But her Washington wisdom didn't hold up, and neither did their close working relationship.
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Insider. Tweets: @rmac18, @karaswisher, @ceciliakang, @stevekovach, @satariano, @nytimes, @peterbakernyt, @venkatananth, @mjzalewski, @justinhendrix, @heathbrown, @ehananoki, @williamturton, @profcarroll, @jason_kint, @ceciliakang, @ron_fournier, @ceciliakang, @shiraovide, @ceciliakang, @ceciliakang, @ron_fournier, and @yaeleisenstat
| Zack Seward / CoinDesk: |
Crypto financial services company Circle says it is going public via a SPAC merger at a $4.5B valuation — The deal values Circle at $4.5 billion. — Circle is going public in a deal that values the crypto financial services firm at $4.5 billion, the firm said Thursday.
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PR Newswire, Decrypt, TechCrunch, Forbes, PYMNTS.com, Bloomberg, Circle, MarketWatch, Finextra, The Block, Coinspeaker, Crypto Briefing, and BitcoinExchangeGuide
Tweets: @zackseward, @djohnson_cpa, @altcoin_alerts, @ahcastor, and @mayazi
| 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.
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Visa, CNBC, Forkast, and Input
Tweets: @terryangelos, @chrislbecker, @visanews, @sbf_alameda, @ldrogen, and @rosshill
| 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
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DIVD CSIRT, CRN, Silicon Republic, The Register, ComputerWeekly.com, SecurityWeek, SC Media, SiliconANGLE, and BleepingComputer
Tweets: @mbthreatintel, @malwarejake, @erratarob, @nicoleperlroth, @gazthejourno, @dnvolz, and @wsj
| 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.| 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 …
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Bloomberg, Knight First Amendment …, Techdirt, ZDNet, and techpolicyinstitute.org
Tweets: @judiciarygop, @willoremus, @projectlincoln, @rexhuppke, @questauthority, @tribelaw, @tribelaw, @fred_guttenberg, @mollyjongfast, @questauthority, @georgehahn, @kylegriffin1, @renato_mariotti, @tedcruz, @maggienyt, @questauthority, @steve_vladeck, @ericgarland, @evelyndouek, and @matthiasellis
| CNBC: |
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Protocol, Washington Post, Engadget, BBC, Fast Company, Yahoo News, US District Court Florida, US District Court Florida, US District Court Florida, and Fortune
Tweets: @nytnickc, @bradheath, @aricohn, @adamsteinbaugh, @samstein, @willoremus, @devlinbarrett, @bencjacobs, @steve_vladeck, @tribelaw, @jaywillis, @barbmcquade, @svdate, @adamkinzinger, @bradmossesq, @arguendiot, @w_terrence, @ememess, @jolly_jack, @akivamcohen, @frankluntz, @steve_vladeck, @jannwolfe, @ariehkovler, @timobrien, @harrylitman, @saracarterdc, @billmon27, @j_remy_green, @johnwdean, @teri_kanefield, @goldengateblond, @cward40mc, @bobbywilson1004, @levparnas, @out5p0ken, @michaelgrantbks, @tonygoldmark, @joycecaroloates, @kendallybrown, @brooklynmarie, @lindaholmes, @erickfernandez, @keitholbermann, @katiephang, @tortmuseum, @walshfreedom, @morningconsult, @bradmossesq, @mattblaze, @barbmcquade, @m_feeney, @popehat, @dylanbyers, @geoffrbennett, @kevincollier, @timobrien, @arguendiot, @pwnallthethings, @pwnallthethings, @meridithmcgraw, @pwnallthethings, @pwnallthethings, @pwnallthethings, @reckless, @rayredacted, and @evelyndouek
| Romain Dillet / TechCrunch: |
Dutch challenger bank Bunq raises $228M Series A led by Pollen Street Capital at a $1.9B valuation; Series A is the largest ever for a European fintech company — Amsterdam-based challenger bank Bunq has been self-funded by its founder and CEO Ali Niknam for several years.
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Reuters, Finextra, Finbold, Silicon Republic, altfi.com, Coinspeaker, Tech.eu, RTÉ, and Silicon Canals
Tweets: @djarisarah, @cecilebussy, and @sarahkocianski
| Manish Singh / TechCrunch: |
Indian social commerce startup DealShare raises $144M Series D led by Tiger Global at a $455M post-money valuation — High-profile investors are doubling down on their bets to explore the future of social commerce in India. DealShare said on Thursday it has raised $144 million …
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Tech in Asia, The Economic Times, Entrackr, and TechCircle
| 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 …
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The Hill, SupChina, TNW, Reuters, BBC, The Hill, CNN, DW.COM, South China Morning Post, and Reuters
Tweets: @pakwayne, @kenroth, @mkabhijit2, @pakwayne, @alliancelgb, @bitinn, @jkylebass, and @lopezlinette
| Nikkei Asia: |
Sources: Google is acquiring a cashless payment company, pring, in Japan for between $180M-$270M and hoping to offer fintech services in the country next year — US tech major's acquisition of cashless payment startup heralds more competition — TOKYO — Google is making a foray … | 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.
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AnandTech, TGDaily, Gizchina, The Verge, TNW, Mashable, Android Headlines, Neowin, Ubergizmo, and Android Authority
Tweets: @geekbench, @geekbench, @epandu, @mishaalrahman, @stufflistings, @johnwilander, and @saranbyte
| Anna Irrera / Reuters: |
Research: fintech companies globally raised $54.1B between January and June, more than total raised in the two previous years — Fintech companies based in London raised more funding from venture capital investors in the first six months of 2021 than in any other year … | Gené Teare / Crunchbase News: |
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The Economic Times. Tweets: @kateclarktweets, @efosaojomo, @martinsfp, @tonyt2thomas, @cmschroed, @katie_roof, and @business
| Kia Kokalitcheva / Axios: |
Clearco, which provides non-dilutive, revenue-based financing to internet startups, raises $215M Series C extension from SoftBank Vision Fund 2 — Clearco, which provides non-dilutive, revenue-based financing to internet startups, has raised $215 million in a Series C extension from SoftBank Vision Fund 2.
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TechCrunch, altfi.com, BetaKit, Silicon Republic, Reuters, and Crunchbase News
| 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 …
Tweets: @jessefelder
| 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| Rashi Shrivastava / Forbes: |
Collaborative document startup Coda raises $100M Series D at a valuation of $1.4B, more than double its valuation from 2020 — In the battle for the almighty blinking computer cursor, all-in-one doc startup Coda is gaining steam. The startup, which offers customizable and collaborative documents …
Tweets: @coda_hq
| Todd Spangler / Variety: |
NFL and Twitter renew their content partnership with the NFL making a full-season commitment to produce exclusive content for Twitter Spaces — The NFL and Twitter have renewed their content partnership — which dates to 2013 — and are now kicking their collaboration into live audio.
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