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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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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
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