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July 29, 2021, 4:55 PM
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| Maggie Fitzgerald / CNBC: |
Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B — - Stock trading app Robinhood fell more than 8% on its first day of trading on the Nasdaq. — Robinhood's opening price was $38 per share.
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GlobeNewswire News Room, Reuters, CNN, CNBC, The Economic Times, New York Times, Wall Street Journal, TechCrunch, Finextra, CNN, PYMNTS.com, Decrypt, SiliconANGLE, Protocol, New York Times, Vox, PitchBook, Bitcoin News, Bloomberg, Reuters, Yahoo Finance, Bloomberg, Washington Post, CNBC, MarketWatch, WRAL TechWire, PYMNTS.com, CoinGeek, Coinspeaker, StreetInsider.com, Fortune, Bloomberg, Bloomberg, Axios, Forbes, Crunchbase News, Crypto Briefing, Fast Company, Bloomberg, The Irish Times, Silicon Republic, CoinJournal, blockchain.news, NPR, Tech News, and CoinDesk
Tweets: @chrisbloomstran, @thestalwart, @bgurley, @mikeisaac, @vojtech, @chrisbloomstran, @mylesudland, @cnnbusiness, @felixsalmon, @zerohedge, @nycsouthpaw, @chrisbloomstran, @wsbmod, @eringriffith, @chrisbloomstran, @danprimack, @danprimack, @levynews, @chrisbloomstran, @jordannovet, @mims, @chrisbloomstran, @benpopper, @thestalwart, @felixsalmon, @tradingview, @chrisbloomstran, and @pkedrosky
| Ryne Hager / Android Police: |
Google updates Play Store policies to ban apps offering “compensated sexual relationships”, likely impacting sugar daddy dating apps, beginning September 1 — Today, Google published a handful of changes to its Play policies, and nestled among precise legalese refinements …
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The Verge, Android Developers Blog, VICE, mobilesyrup.com, support.google.com, Android Developers Blog, Gizmodo, BBC, Android Central, 9to5Google, The Register, Engadget, Input, SecurityWeek, iThinkDifferent, TechSpot, Android Developers, phonearena.com, and KnowTechie
Tweets: @counternotions, @charlesarthur, and @ejdickson
| Karen Hao / MIT Technology Review: |
Profile of Sophie Zhang, a former Facebook data scientist who wrote an exit memo detailing Facebook's inadequate steps to address global election misinformation — Sophie Zhang, a former data scientist at Facebook, revealed that it enables global political manipulation and has done little to stop it.
More:
Insider. Tweets: @techreview, @joshuahol, @jason_kint, @szhang_ds, @szhang_ds, @dellcam, @_karenhao, @dellcam, @nmatini, @timnitgebru, @szhang_ds, @niallfirth, @szhang_ds, @justinhendrix, @fboversight, and @mathewi
| Jing Yang / Wall Street Journal: |
Sources: Didi is considering going private in order to placate Chinese authorities and compensate investors for losses using money made during its IPO — Ride-hailing giant has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog
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Reuters, Business Wire, MarketWatch, South China Morning Post, Barron's Online, CNBC, The Economic Times, Financial Times, Bloomberg, PingWest, PYMNTS.com, and Tech in Asia
Tweets: @jchengwsj, @kushkatakia, @joshchin, @jingyanghk, @jingyanghk, and @jingyanghk
| Amazon.com, Inc.: |
Amazon reports Q2 revenue of $113.08B vs. $115.2B est., net sales grew 27% YoY, net income of $7.8B, and AWS net sales of $14.8B, up 37% YoY; stock down 5%+ — SEATTLE—(BUSINESS WIRE) July 29, 2021—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2021.
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GeekWire, SiliconANGLE, CNET, MarketWatch, Variety, CNBC, CNBC, and Wall Street Journal
Tweets: @dee_bosa, @fintwit_news, @lamonicabuzz, @apompliano, @variety, @johnkicklighter, @robotodd, @toddbishop, and @asymco
| Eric Newcomer / Newcomer: |
Profile of Bessemer Venture Partners, an early investor in Twilio and Shopify, as its competition with Andreessen Horowitz, Tiger Global, and SoftBank ramps up — Bessemer Venture Partners is a thoughtful firm in a world of loose money. — 4 hr ago — In 2009, Ethan Kurzweil …
Tweets: @ericnewcomer, @ericnewcomer, @sajithpai, @sarthakgh, @jasonlk, and @ericnewcomer
| Tiernan Ray / ZDNet: |
OpenAI introduces Triton 1.0, an open-source programming language for writing GPU code for neural networks, and claims it is easier to write than Nvidia's CUDA — SEO: Python-like language promises to be easier to write than native CUDA and specialized GPU code but has performance comparable …
Source:
GitHub and OpenAI. More:
InfoWorld
Tweets: @rasbt, @copyconstruct, @gdb, @davidfowl, and @openai
| Ben Schoon / 9to5Google: |
A job listing shows that Google is considering making Stadia the backend of other “interactive streaming platforms” as a white-label option — After closing its in-house Stadia Games & Entertainment studios earlier this year, many have wondered what the future of Google's game streaming ambitions will look like.| New York Times: |
A look at Turkey's aggressive regulatory stance towards Google, like banning shopping search ads, which some attribute to Erdogan's authoritarian leadership — The antitrust backlash against Big Tech is playing out in places not known as regulatory hotbeds.
Tweets: @lutherlowe, @satariano, @nytimes, and @daiwaka
| Alexandra Marvar / The Verge: |
A look at the rise of high-earning teens on Depop, who are using the Etsy-owned clothing marketplace to make thousands per week, often battling the algorithm — Seventeen-year-old Chelsea Aves of Fremont, California, has had a Depop account since her sophomore year of high school.
Tweets: @liahaberman, @kelsaywhat, and @taylorlorenz
| Jordan Fabian / Bloomberg: |
More than 90 CEOs, including Cook, Pichai, Jassy, and Zuckerberg, urge Congress to ensure citizenship for Dreamers, after a judge ruled against the program — - More than 90 executives seek legal status for Dreamers — They say allowing citizenship would give U.S. economic boost
More:
Coalition for the American Dream, iThinkDifferent, AppleInsider, Livemint, and 9to5Mac
Tweets: @fwdus, @antonioneri_hpe, @bradsmi, @niskanencenter, @alexisohanian, @business, @coalition_dream, and @andymstone
| Harmeet Singh Walia / Counterpoint Research: |
Global smartphone market grew 19% YoY in Q2 with 329M units shipped, led by Samsung with 58M units, Xiaomi with 53M, Apple with 49M, and Oppo with 34M — - Global smartphone market grew 19% YoY but declined by 7% QoQ as 329 million units were shipped, led by Samsung.
More:
iPhone Hacks, iPhone in Canada Blog, TechRadar, TechSpot, SamMobile, and Gizchina
Tweets: @ankit167ankit and @neiltwitz
| Igor Bosilkovski / Forbes: |
Voiceflow, a Canada-based SaaS platform that lets companies launch their own voice and chat bots, raises $20M Series A led by Felicis Ventures — Canadian collaborative conversational AI tool Voiceflow announced today that it has raised $20 million in a Series A round led by Felicis Ventures.| Chris Welch / The Verge: |
Nothing Ear (1) wireless earbuds review: comfortable, unique transparent design and lots of features, but buggy performance and so-so noise cancellation — Standout design, noise cancellation, and wireless charging for $99 — There's a lot riding on the Ear 1 wireless earbuds …
More:
Android Central, TechCrunch, Tom's Guide, Wired UK, 9to5Google, Engadget, Laptop Mag, Digital Trends, Gizmodo, and iMore
Tweets: @dcseifert, @joshuaswingle, and @jake_k
| Yogita Khatri / The Block: |
Singapore-based Vauld, formerly Bank of Hodlers, a crypto trading and lending service, raises $25M Series A led by Peter Thiel's Valar Ventures — Quick Take — Crypto trading and lending platform Vauld has raised $25 million in a Series A funding round led by Peter Thiel's Valar Ventures.| Sean Hollister / The Verge: |
Hands-on with Intel's new NUC 11 Extreme, aka “Beast Canyon”, which has an 8-liter chassis for larger gaming components, starting at ~$1,150 for i7 — This 8-liter desktop upgrades in a snap — Building your own gaming PC is a labor of love. It's not something that needs to be “easier,” exactly.
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TechPowerUp, Tom's Hardware, AnandTech, PCMag, PCWorld, Engadget, CNET, and VideoCardz.com. Tweets: @dcseifert
| Finextra: |
Prime Trust, which offers financial services APIs to fintech and digital asset companies, raises $64M Series A — Prime Trust, one-stop-shop for API-based financial infrastructure for fintech and digital asset innovators, has raised $64 million in a Series A funding round led by Mercato Partners.
More:
FinLedger, Daily News, and IBS Intelligence Market News
| Steven Musil / CNET: |
Samsung Q2: profit of $10.8B, up 54% YoY, on $55.2B revenue; its chips business accounted for nearly half the profit; mobile division revenue declined QoQ — Samsung's operating profit showed strong growth in the second quarter, thanks to higher-than-expected chip prices and continued consumer demand …
Source:
Samsung Global Newsroom. More:
The Register, fossbytes.com, Nikkei Asia, Light Reading, Bloomberg, Android Headlines, Android Central, Thurrott, Reuters, Wall Street Journal, SiliconANGLE, and ZDNet
| Makena Kelly / The Verge: |
Senate reaches a deal on an infrastructure plan including $65B for broadband investments, $35B less than Biden's original plan; final vote still yet to happen — That's less than the original $100 billion plan — On Wednesday, bipartisan Senate negotiators reached a deal on an infrastructure package after weeks of tense discussion.
More:
The White House, NBC News, FierceTelecom, New York Times, Ars Technica, and The Hill
Tweets: @govpritzker, @quinnypig, @markwarner, and @yfreemark
| Danielle Kaye / Reuters: |
LinkedIn will let most staff opt for full-time remote work, reversing a policy from last October that would have required in-office work half of the time — LinkedIn will allow most employees to opt for full-time remote work as offices gradually reopen, Chief People Officer Teuila Hanson told Reuters.| Salvador Rodriguez / CNBC: |
Pinterest misses on user growth in Q2, with 454M MAUs vs. 482M est., as revenue beats, with $613M, up 125%+ YoY, vs. $562.1M est.; stock down ~14% after hours — - Pinterest shares plunged in after-hours trading on Thursday after the company reported its second-quarter earnings, missing once again on user growth expectations.
More:
Pinterest. Tweets: @richlightshed, @mdtrades12, @andyswan, @ojrenick, @lamonicabuzz, @zguz, and @alex. Thanks:@sal19
| Jeff Benson / Decrypt: |
US Marshals Service has given a $6.6M+ contract to crypto startup Anchorage to manage seized crypto assets; BitGo had won a similar $4.5M contract in April — The U.S. Marshals Service, a branch of the Department of Justice charged with tracking down fugitives, has given a contract worth …
More:
Anchorage Digital, Forkast, ZDNet, Blockonomi, The Block, and BitcoinExchangeGuide
| Jon Porter / The Verge: |
Huawei announces P50 and P50 Pro, its first flagship phones with HarmonyOS, in China; Huawei executive says the phones lack 5G support due to US sanctions — Google's apps and services continue to be absent — Huawei has announced its latest flagship phones for the Chinese market, the P50 and P50 Pro.Sponsor Posts
Okara:
Meet Okara, the AI platform that doesn't train on your data — Chat with 30+ open-source models (Llama, Kimi, Qwen, DeepSeek) through encrypted infrastructure. Used by teams handling proprietary code and strategy.
Meet Okara, the AI platform that doesn't train on your data — Chat with 30+ open-source models (Llama, Kimi, Qwen, DeepSeek) through encrypted infrastructure. Used by teams handling proprietary code and strategy.
Soxton:
AI-powered law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
AI-powered law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Zoho:
Pro tips: 5 ways to simplify invoicing and payments in Zoho Books — Many businesses still rely on manual processes to collect payments and reconcile invoices. This often results in delayed payments …
Pro tips: 5 ways to simplify invoicing and payments in Zoho Books — Many businesses still rely on manual processes to collect payments and reconcile invoices. This often results in delayed payments …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Access:
Where we'll go when the bots take over, with Sublime's Sari Azout
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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Hard Fork:
Tech Grapples With ICE + Casey Tries Clawdbot, a Risky New A.I. Assistant + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Gokul Rajaram - Lessons from Investing in 700 Companies
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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The Nick, Dick and Paul Show:
The Wellness Industry Pt. 1
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
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Tools and Weapons with Brad Smith:
Special Edition: Key findings from the Microsoft AI Diffusion Report
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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