| New York Times: |
Book excerpt shows how Zuckerberg and Sandberg's partnership deteriorated during the Trump era, as Zuckerberg increasingly made 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.| CNBC: |
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2 — - Simo will succeed Instacart founder Apoorva Mehta on Aug. 2, and Mehta will transition to executive chairman of the board.| 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 … | Jon Porter / The Verge: |
AG suit alleges Google tried to “preemptively quash” Samsung's Galaxy app store by offering to pay Samsung, stopping OEMs from offering other stores, and more — ‘Competition in app distribution is a virus to be eliminated’ — Google used anticompetitive practices in an attempt to … | 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.| 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.| Sascha Segan / PCMag: |
Qualcomm and Asus partner to launch the “Smartphone for Snapdragon Insiders”, a $1,499 handset with Snapdragon 888, a glowing Snapdragon logo, and more — The Asus-made phone will showcase features that Qualcomm has been promoting but hasn't added to other prominent devices in the US.| FinSMEs: |
Instawork, a marketplace that connects hourly workers with employers, raises $60M Series C led by Craft Ventures, bringing its total raised to $100M — Instawork, a San Francisco, CA-based digital marketplace connecting local businesses with qualified professionals across the U.S., raised $60m in Series C financing.| Isabelle Lee / Insider: |
Visa partners with 50+ crypto firms, including Coinbase, to let users convert and spend crypto and 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. — This means clients can buy … | Bloomberg: |
Twitter says it will “fully comply” with India's new IT rules, has appointed an interim chief compliance officer, and will name a grievance officer by July 11 — Twitter Inc. pledged to “fully comply” with India's new internet regulations, caving in a dispute with the government … | Patrick Howell O'Neill / MIT Technology Review: |
How a years-long cybercrime investigation by FBI, Russia, and Ukraine was undone by corruption, rivalry, and stonewalling, resulting in the hackers going free — Russia and Ukraine promised to cooperate and help catch the world's most successful hackers. But things didn't quite go to plan.| Nikkei Asia: |
Sources: Google is acquiring Japanese cashless payment company pring for between $180M-$270M, with plans 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 … | Richard Nieva / CNET: |
Anger grows among some Google staff about “hypocritical” remote work decisions and transfers as senior exec Urs Hölzle announces plans to work from New Zealand — As Google employees around the world make plans for post-pandemic work at the tech giant, Laura de Vesine won't be among them.| 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| 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 … | Nishant Sharma / BloombergQuint: |
Zomato prices shares at $0.96-$1.02 for its IPO in India that opens on July 14, 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 … | CNBC: |
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| Fu Ting / Associated Press: |
| Romain Dillet / TechCrunch: |
| Kishan Vyas / XDA Developers: |
| Jason Schreier / Bloomberg: |