| Jason Schreier / Bloomberg: |
| Apple: |
| The Guardian: |
Facebook will restrict how advertisers can target users under 18 across Facebook, Instagram, and Messenger, only allowing age, gender, and location targeting — Advertisers on Instagram, Facebook and Messenger will no longer be able to market to under 18s based on their interests| Jon Porter / The Verge: |
Twitter says it is testing Shop Module, a new shopping section that brands can add to the top of their profiles, launching in the US today on iOS — Starting with a pilot of around a dozen brands — Twitter is piloting a new feature that allows businesses to add a shopping section … | Todd Spangler / Variety: |
Spotify Q2: revenue of €2.3B, up 23% YoY, ad revenue up 110% YoY to €275M; paying subscribers reached 165M, up 20% YoY, total MAUs reached 365M; stock down 6%+ — Spotify, citing ongoing headwinds from the COVID pandemic, fell short of its total monthly user growth goal in the second quarter of 2021.| Tom Warren / The Verge: |
Sony says it has now sold over 10M PS5 consoles, up from the 7.8M announced in April, making it the fastest-selling PlayStation ever — PS5 is the fastest-selling PlayStation — Sony has now sold more than 10 million PS5 consoles. That's up more than 2 million sales … | Reuters: |
After Twitter's refusal to block content related to farmer protests, some Indian government ministers and departments are shifting to home-grown rival Koo — Twitter Inc (TWTR.N) is fast losing its sheen as a favoured communications tool for many Indian government departments and ministers keen … | Mariella Moon / Engadget: |
Google says its upcoming Play Store safety listings, similar to Apple's app nutrition labels, will feature info on app data collection, encryption, and more — There's still half a year to go before you start seeing Google Play's new safety section, which will show you an Android app's privacy information … | Romain Dillet / TechCrunch: |
Algolia, which provides APIs for developers to integrate real-time search into websites and apps, raises $150M Series D at a $2.25B valuation — Algolia has raised a $150 million Series D funding round at a post-money valuation of $2.25 billion. Compared to the Series C round from October 2019 … | Filipe Espósito / 9to5Mac: |
Code and animation files in iOS 15 beta 4 show the process for validating ID cards in the Wallet app will likely include a verification system with selfies — Apple announced at WWDC 2021 that iOS 15 will add support for ID cards in the Wallet app, but details are unknown as this feature is not available in the beta version of iOS 15.| Jonathan Greig / ZDNet: |
Google announces a new bug bounty program, called Bug Hunter University, and says the existing program found 11,055 bugs from 2,022 researchers, paying ~$30M — The platform includes a new “Bug Hunter University.” — Google announced a new bug bounty platform as it celebrated … | Catalin Cimpanu / The Record: |
CISA and FBI, UK's NCSC, and Australia's ACSC issue a joint advisory detailing the most exploited vulnerabilities in 2020 and 2021 — Cyber-security agencies from Australia, the UK, and the US have published a joint advisory today listing the most exploited security flaws throughout 2020 and 2021.| Microsoft - Investor Relations: |
| Alex Wilhelm / TechCrunch: |
Contentful, which offers APIs to let companies manage content, raises $175M Series F led by Tiger Global at a ~$3B valuation, after a $80M Series E in June 2020 — Contentful this morning announced a $175 million Series F round of capital, led by Tiger Global, valuing the unicorn at around $3 billion.| Nikkei Asia: |
TSMC receives final approval for a 2nm chip plant in Taiwan; sources say construction will begin in 2022 and equipment will be installed in 2023 — Environmental approval could help chip giant stay ahead of Intel — TAIPEI — Taiwan Semiconductor Manufacturing Co. has received final approval … | Ian Carlos Campbell / The Verge: |
In the new iPadOS 15 beta, Apple makes its controversial Safari redesign optional, letting users choose a more conventional tab layout in settings — Enable the new (bad) tab experience in settings — Apple has started trickling out its fourth iOS and iPadOS 15 betas … | Danielle Bochove / Bloomberg: |
Shopify beats Q2 expectations with $1.12B revenue, up 57% YoY and surpassing $1B for the first time; gross merchandise volume was up 40% YoY to $42.2B — - Company expects 2021 adjusted earnings to top 2020 results — Revenue surpasses $1 billion for first time in company history| Bloomberg: |
Insiders suggest China's internet companies, which have long emulated SV's founder-driven model, will align more with China's leadership after tech crackdown — On the fourth floor of a harborside mall on Grand Cayman, not far from touristy scuba-diving outlets and a jerk-chicken shack … | Bloomberg: |
PowerSchool, which develops software used by 70% of K-12 students in the US and Canada, raises $711M in its IPO, selling shares at $18, valuing it at $3.5B — Education software provider PowerSchool Holdings Inc. raised $711 million in an initial public offering priced at the bottom of a marketed range.| Dustin Volz / Wall Street Journal: |
Biden instructs federal agencies to develop voluntary cybersecurity goals for companies operating critical infrastructure, as officials consider mandatory rules — Though voluntary, officials said the new step could be a prelude to a push for cybersecurity mandates| Charlie Osborne / ZDNet: |
Report: malware developers are increasingly writing malicious code in “exotic” programming languages like Golang to hamper analysis efforts and evade detection — They are focused on exploiting pain points in code analysis and reverse-engineering.| Mike Butcher / TechCrunch: |
Danish startup Dixa, which helps companies manage customer relations via messaging, email, and voice, raises $105M Series C led by General Atlantic — European customer engagement platform Dixa has raised a Series C funding round of $105 million, led by growth equity investor General Atlantic.| Gillian Tan / Bloomberg: |
Lithic, previously Privacy.com, which offers APIs to help businesses issue virtual credit cards, raises $60M, sources say at an $800M valuation — - Bessemer, Index Ventures, Exor also part of fundraising round — Firm's goal is to make issuing cards faster and easier| Natasha Mascarenhas / TechCrunch: |
Class, a virtual classroom that integrates exclusively with Zoom, raises $105M led by SoftBank's Vision Fund 2 at a $804M post-money valuation — Class, a virtual classroom that integrates exclusively with Zoom, announced today that it has raised $105 million in a financing led by SoftBank Vision Fund II.| Gillian Tan / Bloomberg: |
SonderMind, a marketplace to find mental health services, raises $150M co-led by Drive Capital and Premji Invest, sources say at a $1.1B valuation — - Startup raises $150 million in round co-led by Drive Capital — The mental-health problem ‘is immense,’ CEO Mark Frank says| Lorenzo Franceschi-Bicchierai / VICE: |
Apple has sent a cease and desist letter to at least one Chinese citizen who advertised stolen prototypes of old iPhone models on social media — Apple sent a cease and desist letter to the person behind a Twitter account that advertised stolen iPhone prototypes. — Lorenzo Franceschi-Bicchierai| Alex Heath / The Verge: |
Snap says Snap Map will now include recommendations for places to visit based on location, friend activity, and previous favorites — The new feature is designed to make Snap Map more of a utility — More than 250 million people use Snapchat's built-in map to see where their friends are in the world.| Roland Kelts / Rest of World: |
A look at VTubers, virtual anime-like avatar YouTube channels driven by anonymous Japanese users that are now mainstream, surpassing 1.5B+ views/month in Q4'20 — How the pandemic mainstreamed VTubers, Japan's fictional YouTube celebrities. — Virtual YouTuber Kizuna AI is the featured guest … | Alphabet - Investor Relations: |
| Paul Sawers / VentureBeat: |
Remote IT monitoring and management service Atera raises $77M Series B led by General Atlantic — All the sessions from Transform 2021 are available on-demand now. Watch now. — Atera, a remote monitoring and management (RMM) platform for IT teams, has $77 million in a series B round of funding led by General Atlantic.| Charlie Osborne / ZDNet: |
IBM report: in 2021, the average data breach costs companies $4.24M to remedy, up 10% YoY; “mega” breaches involving 50M+ consumer records can cost $401M — IBM research estimates that the average data breach now costs upward of $4 million. — The average cost of a data breach … | Bloomberg: |
Duolingo raises $521M in its IPO after pricing shares at $102, valuing the company at $3.66B — Language learning app Duolingo Inc. and its investors raised $521 million in an initial public offering priced above the marketed range. — The company priced 5.1 million shares at $102 each Tuesday …
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