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July 27, 2021, 9:20 AM
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WeSmirchTop News
| Stephen Nellis / Reuters: |
Intel says its Foundry Services will build chips for Qualcomm and AWS and lays out a roadmap to catch up with TSMC and Samsung by 2025 — Intel Corp (INTC.O) said on Monday its factories will start building Qualcomm Inc (QCOM.O) chips and laid out a roadmap to expand its new foundry business …
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Intel, Engadget, Ars Technica, 9to5Mac, The Verge, PCMag, bit-tech.net, Oregonian, Intel, CNET, The Verge, iTnews, Neowin, TNW, CNX Software, SiliconANGLE, ZDNet, Silicon Valley Business …, Digital Trends, SlashGear, AppleInsider, MacRumors, mobilesyrup.com, and AnandTech
Tweets: @intelnews, @paulmozur, @tomwarren, and @intelnews
| Janko Roettgers / Protocol: |
Facebook announces a new Metaverse product group, with plans to hire hundreds of staff, led by Instagram VP Vishal Shah, reporting to VR/AR VP Andrew Bosworth — The company plans to hire hundreds of new staffers for the group. — Facebook is all in on the Metaverse …
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CNBC, Wired, CNET, Deccan Herald, Shacknews, Adweek, PYMNTS.com, and Social Media Today
Facebook: Andrew Bosworth. Tweets: @boztank, @davekarpf, @mikeisaac, @alexeheath, @stevekovach, @slipster216, @diegobez, @tacolamp, @michaelmacleod1, @axieking, @markjeffrey, @hunterwalk, @michaelsayman, @martinsfp, @protocol, @amitooremoved, @alexeheath, @caseynewton, @blackamazon, @can, @hmltn, @charliefink, @can, @alexeheath, @jason_rubin, and @ricmac
| Dieter Bohn / The Verge: |
Samsung confirms it won't launch a new Galaxy Note at its Unpacked event on Aug. 11, instead focusing on new Galaxy Z phones and an S Pen designed for foldables — The company also promises ‘enhanced durability’ — Samsung isn't looking to have many surprises at its August 11th Unpacked event.| Paul Sawers / VentureBeat: |
Element, a messaging app built on top of decentralized protocol Matrix, raises $30M Series B from Protocol Labs and others, bringing total raised to $48M — All the sessions from Transform 2021 are available on-demand now. Watch now. — Let the OSS Enterprise newsletter guide your open source journey!
More:
TechCrunch, matrix.org, Element Blog, The Register, Silicon Republic, and Tech.eu
| Tom Krazit / Protocol: |
Google issues a new Enterprise APIs policy, promising that APIs will remain available far into the future, aiming to move past a reputation for killing services — Google Cloud issued a promise Monday to current and potential customers that it's safe to build a business around its core technologies …
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Cloud Blog, Finextra, The Register, 9to5Google, CRN, ZDNet, and SiliconANGLE
Tweets: @caseynewton, @googlecloud, @stevesi, @notameadow, @benpopper, @quinnypig, @protocol, @rseroter, @forrestbrazeal, @killedbygoogle, and @killedbygoogle
| Paul Sawers / VentureBeat: |
1Password raises $100M led by Accel at a $2B valuation, after raising $200M in 2019, and says it now has 90,000 business customers — All the sessions from Transform 2021 are available on-demand now. Watch now. — Password management platform 1Password has raised $100 million …
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TechCrunch, Reuters, and SiliconANGLE
Tweets: @iansherr, @jeremiahlee, @nnannx, and @quinnypig
| Coco Feng / South China Morning Post: |
Cryptocurrency exchanges Huobi and OKCoin are closing their subsidiaries in Beijing, as China expands its crack down; shares of Huobi's parent drop ~22% — The latest moves by Huobi and OKCoin follow the central government's actions against businesses related to bitcoin and other cryptocurrencies BTCChina …
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Forkast, The Block, CoinDesk, Forkast, Coinspeaker, and Cointelegraph
Tweets: @mdudas and @caprioleio
| Todd Shields / Bloomberg: |
FCC challenges a bid won by SpaceX for $886M in rural broadband subsidies, concerned some of the spending may be wasteful, duplicative, or headed for other uses — - Company is among 197 winning bidders to get letters from FCC — Agency says it's cleaning up results from auction last year
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The Verge
| Jason Schreier / Bloomberg: |
About 1,000 current and former Activision Blizzard employees say the company's response to its recent lawsuit is “insulting”, in a letter to leadership — Nearly 1,000 current and former Activision Blizzard Inc. employees have signed a letter calling the company's responses …
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Kotaku, BBC, Polygon, GamesIndustry.biz, Rock, Paper, Shotgun, Micky, fossbytes.com, VICE, thegamer.com, Blue's News, Washington Post, Ars Technica, Destructoid, Engadget, The Verge, Gamasutra, GameSpot, Wccftech, dexerto.com, Windows Central, IGN, and Dot Esports
Tweets: @jasonschreier, @linuswilson, @outstarwalker, and @playeressence
| Todd Feathers / VICE: |
A look at ShotSpotter, which uses sensors to “detect gunshots”, as court filings suggest it frequently alters evidence at the request of police departments — Prosecutors in Chicago are being forced to withdraw evidence generated by the technology, which led to the police killing …
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TNW, Gizmodo, and Input
Tweets: @jason_koebler, @jason_koebler, @evacide, @jason_koebler, @tomgara, @aptpaction, @dctello, @solidarity_star, @norareed, @scotthortonshow, @simonw, @claudio_report, @donovanfarley, @chaosismel, @elizabeth_joh, @jmbooyah, @lorenzofb, @thewaywithanoa, @wegladlyfeast, @hshaban, @byjacobward, @brandyzadrozny, @juliaioffe, @nickpwing, @jason_koebler, @bigblackjacobin, @jason_koebler, and @zenalbatross
| Christine Hall / TechCrunch: |
Nium, a Singapore-based B2B payments company, raises $200M Series D at a $1B+ valuation led by Riverwood Capital, with Temasek, Visa, and others participating — Business-to-business payments platform Nium announced Monday that it raised more than $200 million in Series D funding and saw its valuation rise above $1 billion.| MacKenzie Sigalos / CNBC: |
In its Q2 earnings report, Tesla says it suffered $23M in bitcoin-related impairments, after bitcoin dropped from $63K in April to under $40K now — - Tesla reported bitcoin-related impairments of $23 million in the second quarter as crypto prices plunged.
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CNBC, CNBC, TNW, ZDNet, Electrek, Tesla Investor Relations, The Guardian, Decrypt, Coinspeaker, blockchain.news, Bloomberg, Bloomberg, and TechCrunch
| Ingrid Lunden / TechCrunch: |
ActiveFence, whose tech proactively detects disinformation and other malicious content, raises $100M in a combined Series A and Series B — Online abuse, disinformation, fraud and other malicious content is growing and getting more complex to track. Today, a startup called ActiveFence … | Catherine Shu / TechCrunch: |
Indonesia-based grocery delivery app HappyFresh raises $65M Series D led by Naver Financial Corporation and Gafina B.V. — HappyFresh, the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. The round was led by Naver Financial Corporation and Gafina B.V. …
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Entrackr and Tech in Asia
| Mark Gurman / Bloomberg: |
According to code found in the Oculus iPhone app, Facebook is exploring letting users synchronize Oculus workout data with Apple Health — - Oculus could let users store workout data in iPhone Health app — Oculus Move lets users see calories burned in virtual reality
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9to5Mac, Pocket-lint, TechRadar, SlashGear, phonearena.com, iMore, iPhone in Canada Blog, MacRumors, and AppleInsider
Tweets: @stevemoser, @james_dombro, @this_justintech, @jimmylittle, @bigbarry200, @wongmjane, @dylanmcd8, @byedolly, and @markgurman
| Olivia Solon / NBC News: |
Instagram announces changes for teen accounts, including making them private by default, restricting messages from “suspicious” adults, and limiting ads — Instagram has introduced protections for its teenage users to default young people into private accounts and make it harder for …
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About Facebook, About Facebook, The Hill, Engadget, Wall Street Journal, NPR, TechCrunch, and iMore
| Mary Ann Azevedo / TechCrunch: |
Fireblocks, which lets users store, transfer, and issue digital assets, raises $310M Series D led by Sequoia, Stripes, and Spark at a $2.2B valuation — Fireblocks, an infrastructure provider for digital assets, has raised $310 million in a Series D round of funding that tripled …
More:
CoinDesk, Reuters, Forkast, Bloomberg, and Cointelegraph
| Tage Kene-Okafor / TechCrunch: |
South Africa-based Yoco, which offers offline and online payment solutions for SMEs, raises $83M Series C led by Dragoneer, bringing total raised to $107M — Small and medium enterprises (SMEs) contribute heavily to the economic success of many countries, particularly those in the developing world.
More:
TechCabal and Disrupt Africa
| Reuters: |
Tencent says it is temporarily suspending WeChat user registrations in China as it upgrades its systems to comply with new security regulations — Tencent's (0700.HK) WeChat has temporarily suspended registration of new users in mainland China as it undergoes a technical upgrade …
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TechCrunch, Bloomberg, CNN, Fast Company, and MediaNama
| Lauren Sommer / NPR: |
A look at the risks posed by rising sea water levels at Facebook, Google, and other Silicon Valley campuses and questions over who pays to protect them — In the heart of Silicon Valley, the world's biggest tech companies are expanding their headquarters on the edges of San Francisco Bay.
Tweets: @rickoshea
| Bloomberg: |
China issues regulations for food delivery platforms, mandating minimum wage, respect for worker rights, and more, leading to Meituan shares dropping by 14%+ — - It extended losses after Beijing issued food platform curbs — Meituan is grappling with a broader antitrust investigationSponsor Posts
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