| 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 … | 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 … | 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 … | 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 … | 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 … | Dieter Bohn / The Verge: |
Samsung confirms that it won't launch Galaxy Note at its Unpacked event on Aug. 11, says it will launch 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.| 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. … | 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!| 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.| 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.| Catalin Cimpanu / The Record: |
Apple updates iOS, iPadOS, and macOS to address a zero-day flaw that was reportedly actively exploited, making it the 13th zero-day Apple has patched this year — Apple has released patches today for iOS, iPadOS, and macOS to address a zero-day vulnerability that the company says has been exploited in the wild.| 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 … | 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 … | 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| Bloomberg: |
The Hang Seng Tech Index, which tracks the 30 biggest Hong Kong-listed tech companies, including Tencent and Alibaba, is down $551B+ since its February peak — - Gauge has lost about $551 billion in market value from peak — Still, ETFs tracking it have recorded rising inflows this year| Elizabeth Culliford / Reuters: |
Facebook, Twitter, Microsoft, YouTube, and others will now add content from white supremacist and far-right militias to a key counterterrorism database — A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook (FB.O) and Microsoft (MSFT.O) …
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