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July 25, 2021, 10:50 PM
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| Stephanie Kirchgaessner / The Guardian: |
WhatsApp CEO says they had recorded an attack against 1,400 users over a two-week period in 2019, casting doubts on NSO's defense against Pegasus project claims — Will Cathcart claims government officials around the world among 1,400 WhatsApp users targeted in 2019
More:
CNN, 9to5Mac, VICE, PCMag, Insider, Washington Post, Gizmodo, Engadget, AppleInsider, and MediaNama
| Kim Zetter / Zero Day: |
Uncertainty about the nature of the list of 50K potential Pegasus targets created confusion and controversy, but doesn't negate the investigation's key findings — A series of blockbuster stories published this week around a leaked list of 50,000 phone numbers have created confusion …
More:
Ars Technica, Forbes, The Guardian, and The Verge
Tweets: @evacide, @kimzetter, @craiu, @kennwhite, @aaschapiro, @k8em0, @adam_k_levin, @appleinsider, @lorenzofb, @kenroth, @hahellyer, @hatr, @mairavz, @lorenzofb, @campuscodi, @camillefrancois, @safimichael, @kaepora, @h_tejas, @poppymcp, @profcarroll, @aakar__patel, @kateoflaherty, @rj_gallagher, @sivavaid, @matthew_d_green, @zachsdorfman, @dangoodin001, @kimzetter, @runasand, and @dangillmor
| Priya Anand / Bloomberg: |
Parking apps in the US have seen a new wave of customers amid a surge in car ownership spurred by people avoiding mass transit and ride sharing due to COVID-19 — During the depths of the U.S. coronavirus pandemic, cars sat idly in driveways, city streets were deserted, onetime commuters worked from bed …
Tweets: @bw
| Bloomberg: |
In a blow to the edtech sector, China orders tutoring companies teaching the school curriculum to go non-profit, bans them from IPOs and raising foreign capital — - After-school tutors can't raise capital or float shares — Sweeping curbs will up-end a once-thriving, big-money sector
More:
Reuters, Reuters, and Forbes
Tweets: @luluyilun, @benpatrickwill, @andrewbatson, @wolfiezhao, @willrocklin, @davidinglestv, @danmcohen, @carnage4life, @guptpiy, and @luluyilun
| Yinka Adegoke / Rest of World: |
Kenyan tech founders say there is a funding bias toward North American and European expats in the country; analysis: only one Kenyan founder raised $1M+ in 2019 — To break the cycle of favoritism and white privilege, Kenya's tech ecosystem needs to back itself with money and self-belief.
Tweets: @restofworld, @restofworld, @restofworld, @yinkawrites, @sarawahedi, @restofworld, @claudinemoore, @yinkawrites, and @stephenpaduano
| Jing Yang / Wall Street Journal: |
As China ramps up testing of its digital yuan, its call for help from Ant and Tencent has led to an awkward dynamic, as Alipay and WeChat Pay are likely rivals — Jack Ma's Ant has quietly run pilot tests using digital yuan; 'it's even more risky to stay on the sidelines,' says one observer
Tweets: @wsjmarkets, @wsj, and @timcohn
| Kris Holt / Engadget: |
Blizzard president calls sexual harassment lawsuit “extremely troubling” in internal memo while a VP says it presents a “distorted and untrue” view of company — Blizzard president J. Allen Brack called the allegations ‘extremely troubling.’| New York Times: |
A look at FTX, Binance, BitMEX, and their once North America-based founders, who run exchanges for highly-leveraged crypto derivatives trading outside the US — A new generation of industry leaders has set up offshore trading exchanges largely beyond the reach of American regulators.
More:
CoinDesk, New York Times, Decrypt, and Bitcoin News
| Noah Smith / Noahpinion: |
China's tech crackdown has focused on consumer-facing internet companies, perhaps because Xi believes hard tech like chipmaking is more geopolitically important — Maybe because what countries think of as a “tech industry” isn't always the same — Those who pay attention to business news …
More:
ABC
| Sami Fathi / MacRumors: |
Mark Gurman: Face ID on the Mac is likely coming within a couple of years, and all iPhones and iPads will transition to Face ID within that timeframe, too — Apple plans to bring Face ID to the Mac within the next “couple of years,” respected Bloomberg journalist Mark Gurman said today in the latest edition of his Power On newsletter.
Source:
Bloomberg. More:
9to5Mac, AppleInsider, mobilesyrup.com, Wccftech, 9to5Mac, iThinkDifferent, iPhone Hacks, iPhone in Canada Blog, AppleInsider, Patently Apple, FrontPageTech.com, and iClarified
Tweets: @anshelsag, @samifathi_, @justinflood, and @samifathi_
| Bloomberg: |
Mobile game publisher Jam City is no longer going public via a SPAC merger, announced in May, that would have valued the company at $1.2B — Mobile entertainment company Jam City Inc. has called off its plan to go public through a combination with a blank-check firm that would have valued the combined company at $1.2 billion.
More:
Business Wire and Los Angeles Business Journal
| Bloomberg: |
Canadian auto parts supplier Magna has agreed to buy Veoneer, which develops advanced driver-assistance systems for autonomous vehicles, for $3.8B in cash — - Veoneer shares slumped following spinoff by Autoliv in 2018 — Offer represents a 57% premium to closing price Thursday
More:
Globe and Mail, Automotive News, Barron's Online, Reuters, TheStreet, and GlobeNewswire News Room. Tweets: @bloombergtv
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