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July 29, 2021, 3:15 PM
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| Maggie Fitzgerald / CNBC: |
Robinhood opens flat in its trading debut, giving it a market valuation of ~$32B, after raising $2.1B in its IPO; its shares slipped as much as 10% after debut — - Robinhood's opening price was $38 per share, valuing the stock trading app at roughly $32 billion.
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Reuters, GlobeNewswire News Room, New York Times, CNN, The Economic Times, CNBC, Wall Street Journal, Blockworks, PYMNTS.com, SiliconANGLE, CNN, Protocol, Vox, Finextra, Bloomberg, New York Times, PitchBook, Yahoo Finance, CoinGeek, WRAL TechWire, Fortune, Bloomberg, MarketWatch, StreetInsider.com, Reuters, Bloomberg, Washington Post, CNBC, MarketWatch, Bloomberg, Axios, Forbes, Crunchbase News, Crypto Briefing, Fast Company, PYMNTS.com, Coinspeaker, Bloomberg, The Irish Times, Silicon Republic, CoinJournal, blockchain.news, NPR, CoinDesk, Silicon Valley Business …, and Insider
Tweets: @chrisbloomstran, @thestalwart, @vojtech, @bgurley, @danprimack, @pkedrosky, @nycsouthpaw, @thestalwart, @tradingview, @benpopper, @eringriffith, @danprimack, @levynews, @felixsalmon, @wsbmod, @mylesudland, @zerohedge, @jordannovet, @mims, @chrisbloomstran, @cnnbusiness, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @felixsalmon, and @chrisbloomstran
| 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 … | 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.
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Insider. Tweets: @techreview, @_karenhao, @joshuahol, @dellcam, @nmatini, @timnitgebru, @szhang_ds, @jason_kint, @szhang_ds, @niallfirth, @szhang_ds, @szhang_ds, @justinhendrix, @dellcam, @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, PingWest, South China Morning Post, Business Wire, PYMNTS.com, The Economic Times, MarketWatch, Financial Times, Bloomberg, Barron's Online, CNBC, and Tech in Asia
Tweets: @jingyanghk, @jchengwsj, @jingyanghk, @jingyanghk, @kushkatakia, and @joshchin
| 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 … | 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, @sarthakgh, @jasonlk, @ericnewcomer, @ericnewcomer, and @sajithpai
| 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.| Wall Street Journal: |
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The Keyword, CNBC, Appleosophy, Fortune, New York Business Journal, Computerworld, CNN, Tech.co, Axios, iThinkDifferent, Insider, Android Headlines, TechSpot, PCMag, Silicon Republic, NPR, Mashable, CNBC, CNBC, and CNET
Tweets: @cnbcjosh, @dani_lever, @andymstone, @markpinc, @louisgray, @pt, @deenashakir, @lanceulanoff, @buffywicks, @amy_siskind, @nychealthcommr, @levie, @cra, @carnage4life, @emmmacfarlane, @zd_bernstein, @scottdimmich, @keegsieb, @mollyjongfast, @jhweissmann, @jandrade, @reneritchie, @carnage4life, @danielhowley, @dealbook, @joshsternberg, @mauramaura, and @kellen_browning
| Mary Ann Azevedo / TechCrunch: |
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Forbes, Bloomberg, NBC Bay Area, CNET, BGR India, MarketWatch, The Economic Times, and TechCrunch
Tweets: @migueldeicaza, @seldo, @sarthakgh, @carnage4life, @carnage4life, and @kateclarktweets
| 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: @kelsaywhat and @taylorlorenz
| 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.
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TechSpot, TechRadar, SamMobile, iPhone Hacks, iPhone in Canada Blog, and Gizchina. Tweets: @neiltwitz
| 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.| 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 …
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Laptop Mag, Android Central, TechCrunch, Tom's Guide, Wired UK, iMore, 9to5Google, Engadget, Digital Trends, and Gizmodo
| 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.
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The White House, FierceTelecom, NBC News, New York Times, Ars Technica, StateScoop, and The Hill
Tweets: @govpritzker, @quinnypig, @markwarner, and @yfreemark
| 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.| 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.| 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, Light Reading, Nikkei Asia, Bloomberg, Reuters, Thurrott, Android Headlines, Android Central, Gizchina, Wall Street Journal, SiliconANGLE, and ZDNet
| 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, PCMag, PCWorld, Tom's Hardware, Engadget, CNET, AnandTech, 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.
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FinLedger, Daily News, and IBS Intelligence Market News
| 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
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Coalition for the American Dream, AppleInsider, 9to5Mac, and Livemint
Tweets: @business, @coalition_dream, and @andymstone
| Karissa Bell / Engadget: |
Mark Zuckerberg says video now accounts for almost half the time spent on Facebook, and that Reels is the “largest contributor to engagement growth” — He wants Facebook to become a ‘metaverse company.’ — Facebook users are spending a lot more time watching video …
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The Verge, TechCrunch, Marketing Dive, CNN, WRAL TechWire, and Facebook
Tweets: @shiringhaffary, @swiftstories, @jason_kint, @pt, @seldo, @turnernovak, @codepo8, @niinegames, @tprstly, @joshgnosis, @anthonyquintano, @amcmanus, @finchstrife, @karissabe, and @jason_kint
| Stephanie Condon / ZDNet: |
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Reuters, The Verge, 9to5Mac, MacRumors, Axios, BBC, AdExchanger, New York Times, The Economic Times, Ubergizmo, and Hollywood Reporter
| 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 …
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Forkast, Anchorage Digital, BitcoinExchangeGuide, ZDNet, Blockonomi, and The Block
| Mary Ann Azevedo / TechCrunch: |
Merqueo, which operates an online supermarket in more than 25 cities in Colombia, Mexico, and Brazil, raises $50M Series C, bringing its total raised to $85M — Merqueo, which operates a full-stack, on-demand delivery service in Latin America, has landed $50 million in a Series C round of funding.
Tweets: @bayareawriter
Sponsor Posts
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Sundar Pichai on what's next for Google Gemini, Waymo, and data centers in space
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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