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July 28, 2021, 11:30 AM
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| Apple: |
Apple reports Q3 revenue of $81.4B, up 36% YoY, net income of $21.7B, up from $11.2B YoY, Services sales of $17.4B, up from $13.2B YoY, iPhone sales of $39.6B — Revenue up 36 percent to new June quarter record — Services revenue reaches new all-time high
More:
Six Colors, AppleInsider, Insider, Softpedia News, CNBC, CNBC, Six Colors, The Register, iThinkDifferent, Barron's Online, iMore, 9to5Mac, Philip Elmer‑DeWitt, TechRadar, Neowin, Livemint, PYMNTS.com, Digital Trends, Macworld, BGR, ZDNet, Coinspeaker, and Mashable
Tweets: @neilcybart, @asymco, @cnbcnow, @tim, @benbajarin, @joannastern, @backlon, @basicappleguy, @mattrosoff, @munster_gene, @neilcybart, @davedelong, @munster_gene, @kirkburgess, @counternotions, @rex_woodbury, @slightlylate, @neilcybart, @kennwhite, @neilcybart, @neilcybart, @macrumors, @stevekovach, @munster_gene, @asymco, @snowden, @glennf, @neilcybart, @munster_gene, @neilcybart, @asymco, @bullandbaird, @jsnell, @mattrosoff, @barnejek, @lamonicabuzz, @carolinehydetv, @neilcybart, @rustybrick, @jonerlichman, @epro, @asymco, and @jordannovet
| 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
More:
Instagram, Protocol, About Facebook, New York Times, Gizchina, SiliconANGLE, Platformer, ABC, and Candid.Technology
Tweets: @jeffhorwitz, @leoliu069, @titaniajordan, and @karaswisher
| 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 …
More:
Google Online Security Blog, TNW, PCMag, TechRadar, Android Police, The Register, fossbytes.com, 9to5Google, SecurityWeek, BleepingComputer, and Neowin
Tweets: @googlevrp, @stshank, @googlevrp, and @royalhansen
| Jason Schreier / Bloomberg: |
Activision Blizzard staff aim to walk out on Wednesday, demanding fairer treatment for underrepresented staff and ending arbitration clauses in staff contracts — Bobby Kotick said in an all-staff email that the company's recent actions were ‘tone deaf’ — Activision Blizzard Inc. Chief …
More:
Axios, Polygon, Kotaku, Blizzard Watch, New York Post, GamesIndustry.biz, The Verge, World of Warcraft, Forbes, Insider, GameRevolution, Game Informer, PC Gamer, ExtremeTech, The Verge, CNET, Eurogamer.net, Game Informer, The Verge, TechCrunch, Washington Post, thegamer.com, and Windows Central
| 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 8%+ — Spotify, citing ongoing headwinds from the COVID pandemic, fell short of its total monthly user growth goal in the second quarter of 2021.
More:
Spotify, The Verge, 9to5Mac, Engadget, CNBC, TechRadar, TechSpot, Fast Company, iThinkDifferent, and iMore
Tweets: @kerrymflynn, @xpangler, @lucas_shaw, @xpangler, @spotifynews, @eldsjal, @kerrymflynn, @kerrymflynn, @mark_mulligan, and @kerrymflynn
| Upmanyu Trivedi / Bloomberg: |
Delhi's high court says statements by Twitter “clearly show total non-compliance” with IT rules, which include appointing a liaison, giving it a week to comply — - Twitter says it is setting up a new liaison office in India — Court gives Twitter a week to show clear steps for compliance
More:
Times of India and India Today
| 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 … | Alphabet - Investor Relations: |
Alphabet reports Q2 revenue of $61.88B, up 62% YoY, operating income of $19.36B, up 31% YoY, Google Cloud operating loss down to $591M; stock up 3%+ — MOUNTAIN VIEW, Calif. - July 27, 2021 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2021.
More:
The Register, 9to5Google, The Verge, and AdExchanger
Tweets: @carnage4life, @dividendwave, @backlon, @gerritd, @backlon, @rustybrick, @asymco, @ericjackson, @jonerlichman, @loudmouthjulia, and @ericjackson
| 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 …
Source:
SIE Blog - English. More:
GamesIndustry.biz, SIE.COM, mobilesyrup.com, UploadVR, CNET, Engadget, Forbes, IGN, Wccftech, Video Games Chronicle, GameSpot, and Android Central
Tweets: @playstation, @chris_dring, and @tomwarren
| 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: |
Microsoft reports Q4 revenue up 21% YoY to $46.2B, net income up 47% YoY to $16.5B, commercial cloud revenue up 36% YoY to $19.5B, LinkedIn revenue up 46% YoY — Earnings Release FY21 Q4 REDMOND, Wash. — July 27, 2021 — Microsoft Corp. today announced the following results for the quarter ended June 30 …
More:
Digiday, GeekWire, Softpedia News, The Verge, Social Media Today, Windows Central, GamesIndustry.biz, Light Reading, CNBC, ZDNet, Petri, TechRadar, Bloomberg, VentureBeat, purexbox.com, Gizchina, Coinspeaker, WRAL TechWire, Neowin, and iTnews
Tweets: @kyweise, @microsoft, @backlon, @fxshaw, @daniel_rubino, @tomwarren, @tomwarren, @asymco, @morningbrew, @microsoft, @microsoft, and @epro
| 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 … | 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
More:
AppleInsider, MacRumors, MacDailyNews, iPhone in Canada Blog, iPhone Hacks, iMore, and The Mac Observer
Tweets: @lorenzofb, @lorenzofb, @motherboard, and @jason_koebler
| 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 …
More:
MacRumors, MacRumors, AppleInsider, Daring Fireball, Redmond Pie, iDownloadBlog.com, The Mac Observer, Tom's Guide, iMore, The Overspill, iMore, and Daring Fireball
Tweets: @viticci, @viticci, @gruber, @kevinctofel, @lapcatsoftware, @lukemiani, @viticci, @flyosity, @snazzyq, @mgsiegler, @chrishannah, @viticci, @harrymccracken, @gruber, @mehedih_, @rjonesy, @gtinari, @guttmnn, @viticci, @zzanehip, @parkerortolani, @heylandong, @mukondli, @stroughtonsmith, @stroughtonsmith, @stroughtonsmith, and @stroughtonsmith
| 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
More:
CyberScoop, The White House, The White House, Bloomberg, U.S. Department of Commerce, Washington Post, Fox Business, and The Hill
Tweets: @ericgeller, @ericgeller, @ericgeller, @b_fung, and @dnvolz
| 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.
More:
PCMag, iMore, AppleInsider, KnowTechie, iThinkDifferent, phonearena.com, and FrontPageTech.com
| 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 … | 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| 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 … | 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.
More:
Forbes, Tech.eu, VentureBeat, EU-Startups, Insider, Business Wire, and Tech News
| 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 …
More:
FinSMEs, SiliconANGLE, VentureBeat, Insider, and GlobeNewswire News Room
| 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.
More:
Business Wire
| 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.| 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.
More:
9to5Mac, Engadget, and Snap Newsroom
| 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
More:
BetaKit, Shopify, Financial Times, ZDNet, TheStreet, and Reuters
Tweets: @wolfofharcourt and @matematikern3
| 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 …
More:
VentureBeat, IBM, Security Affairs, Livemint, and The Economic Times
| 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.
More:
Tech in Asia and Reuters
| Andy Greenberg / Wired: |
Creators of PunkSpider say they're relaunching their search engine for hackable sites at Defcon next week to spur web admins to fix thousands of unpatched bugs — PunkSpider is back, and crawling hundreds of millions of sites for vulnerabilities. — THE WEB HAS long been a playground for hackers …
Tweets: @a_greenberg, @iblametom, @dangillmor, @k8em0, and @martijn_grooten
| 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.
More:
TechCrunch, SiliconANGLE, Globes Online, and PR Newswire
| Kyle Wiggers / VentureBeat: |
LogicGate, which helps automate corporate governance, risk, and compliance processes, raises $113M Series C, bringing its total raised to $156M — All the sessions from Transform 2021 are available on-demand now. Watch now. — LogicGate, a provider of software-as-a-service solutions for governance …
More:
FinSMEs, Finextra, CRN, Chicago Business Journal, and LogicGate
| 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 …
More:
TechCrunch, TechCrunch, and Reuters
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