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July 29, 2021, 10:45 PM
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| Nick Statt / Protocol: |
A look at the fallout from the Activision Blizzard suit, as the company confirms it fired WoW lead for misconduct last year and hires “union-busting” law firm — An employee walkout, a tumbling stock price and damning new reports of misconduct. — Activision Blizzard is in crisis mode.| 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.
More:
GlobeNewswire News Room, New York Times, CNN, CNBC, Reuters, Silicon Valley Business …, PYMNTS.com, The Verge, Vox, Wall Street Journal, The Economic Times, CNN, Wall Street Journal, New York Times, PitchBook, Bloomberg, Bloomberg, SiliconANGLE, WRAL TechWire, CoinGeek, Protocol, StreetInsider.com, Fortune, Yahoo Finance, Bitcoin News, CNBC, Bloomberg, MarketWatch, Finextra, Reuters, Crypto Briefing, Crunchbase News, CoinJournal, MarketWatch, Forbes, and Fast Company
Tweets: @chrisbloomstran, @bgurley, @thestalwart, @schuldensuehner, @vladtenev, @chrisbloomstran, @mylesudland, @robinhoodapp, @cnnbusiness, @felixsalmon, @zerohedge, @nycsouthpaw, @vojtech, @chrisbloomstran, @wsbmod, @eringriffith, @chrisbloomstran, @danprimack, @danprimack, @levynews, @chrisbloomstran, @jordannovet, @katie_roof, @mims, @mikeisaac, @eringriffith, @chrisbloomstran, @benpopper, @thestalwart, @andrew__reed, @felixsalmon, @tradingview, @chrisbloomstran, and @pkedrosky
| 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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New York Times, PYMNTS.com, Associated Press, CNN, ZDNet, Android Central, The Guardian, Barron's Online, Reuters, Yahoo Finance, Telegraph, Quartz, CNET, Australian Financial Review, MarketWatch, Variety, Adweek, Insider, SiliconANGLE, Bloomberg, The Times, The Verge, Financial Times, Investor's Business Daily, CNBC, Reuters, and Wall Street Journal
| Jill Goldsmith / Deadline: |
Amazon reports Q2 “other” category revenue, which mostly covers its ad business, of $7.9B, up 83% YoY, and subscription services revenue of $7.9B, up 28% YoY — Amazon saw second quarter net sales of $113 billion, up 27% but below expectations, dinging the shares in late trading.| 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 …
More:
Android Developers Blog, The Verge, Google Support, The Register, Android Developers Blog, phonearena.com, Gizmodo, TalkAndroid.com, Input, XDA Developers, BBC, TechSpot, XDA Developers, Android Authority, 9to5Google, Android Central, VICE, mobilesyrup.com, Engadget, KnowTechie, and SecurityWeek
Tweets: @ejdickson, @androidpolice, @counternotions, @gassee, @counternotions, and @charlesarthur
| Jonathan Greig / ZDNet: |
Researchers detail a never-before-seen attack against Iran's train system and transport ministry from a new threat actor using a reusable wiper called Meteor — SentinelOne analysts were able to recreate the July 9 attack and identify the threat actor behind it.
More:
The Record, SentinelLabs, BleepingComputer, and SecurityWeek
Tweets: @stick631, @thegrugq, and @campuscodi
| 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:
Fox Business, Fortune, and Insider
Tweets: @techreview, @joshuahol, @jason_kint, @judyshapiro, @gallantdesigner, @szhang_ds, @jason_kint, @vicatoru, @szhang_ds, @yaeleisenstat, @szhang_ds, @dellcam, @_karenhao, @iwelsh, @emilymbender, @dellcam, @nmatini, @mbsaph, @szhang_ds, @timnitgebru, @neilkatz, @lmuscato, @szhang_ds, @niallfirth, @szhang_ds, @justinhendrix, @fboversight, and @mathewi
| Jing Yang / Wall Street Journal: |
Sources: Didi is considering going private to placate Chinese authorities and compensate investors for losses with money made during its IPO; Didi denies report — Ride-hailing giant has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog
More:
Reuters, caixinglobal.com, PingWest, Business Wire, Barron's Online, MarketWatch, CNBC, PYMNTS.com, and Financial Times
Tweets: @jchengwsj, @kushkatakia, @joshchin, @jingyanghk, @jingyanghk, and @jingyanghk
| Abner Li / 9to5Google: |
Neuralink, Elon Musk's brain-computer interface company, raises $205M Series C led by Vy Capital, with GV and others participating — In addition to SpaceX and Tesla, Neuralink is another Elon Musk company. Focused on building a brain machine interface, Neuralink today announced … | 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.| Michail / GSMArena.com: |
Motorola announces the Edge 20, 20 Pro, and 20 Lite for Europe, Latin America, and Asia, coming in August with prices starting from €349.99 — A trio of new Motorola phones was announced with the Edge 20 Pro, Edge 20 and Edge 20 Lite. The Pro model brings a flagship specs sheet …
| 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, @daiwaka, and @nytimes
| Thomas Brewster / Forbes: |
Profile of Israeli surveillance startup Paragon, funded with $5-10M from US-based Battery, which sources say allows police to hack encrypted messaging apps — Paragon Solutions doesn't have a website. There's very little information at all about them online, even if the Tel Aviv-based …
Tweets: @jsrailton, @jsrailton, @ncweaver, @jsrailton, @chey_cobb, @imdrinknwyn, @imdrinknwyn, @imdrinknwyn, and @marwasf
| 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.| 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, @jasonlk, @ericnewcomer, and @sarthakgh
| 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| Kieran Leavitt / Toronto Star: |
Canada proposes the creation of a digital safety commissioner role to oversee violations of new harmful online content rules and issue penalties to platforms — The Liberal government has proposed a vast new system that would be tailored to ensure illegal content, such as child pornography and hate-speech …
More:
mobilesyrup.com, Globe and Mail, montrealgazette, Canada.ca, Canadian Press, National Post, globalnews.ca, CTVNews, and Canada.ca
Tweets: @mediamorphis, @mediamorphis, @mediamorphis, @mediamorphis, @ystvns, @terryglavin, @torontostar, @danalbas, @timuppal, @awudrick, @ystvns, @ericgarland, and @ezralevant
| 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 — - The company declined to provide third-quarter guidance on monthly active user due to the unknown impact of Covid-19 variants.
More:
TechCrunch, Wall Street Journal, Pinterest, Barron's Online, Wall Street Journal, MarketWatch, and Investor's Business Daily
Tweets: @nrossolillo, @nrossolillo, @buccocapital, @alex, @andyswan, @ojrenick, @lamonicabuzz, @zguz, @mdtrades12, and @richlightshed. Thanks:@sal19
| Karissa Bell / Engadget: |
Twitter announces updates to Spaces which will let users tweet directly from the Space; iOS users will be able to search for live and upcoming Spaces — another update that makes the audio feature easier to share and discover. Now, users will be able to compose a new tweet directly from the Space …
More:
9to5Mac and Social Media Today
| 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, @liahaberman, and @taylorlorenz
| 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.
More:
Insider and 9to5Mac
Tweets: @zoeschiffer, @zoeschiffer, @zoeschiffer, @martinsfp, and @jowyang
| 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.
More:
GlobeNewswire News Room, CoinDesk, cryptodaily.co.uk, and Tech in Asia
| 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:
IBS Intelligence Market News, FinLedger, and Daily News
| 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 in Canada Blog, TechSpot, iPhone Hacks, SamMobile, Gizchina, and TechRadar
Tweets: @ankit167ankit and @neiltwitz
| Nikhilesh De / CoinDesk: |
New bipartisan infrastructure bill in Congress aims to raise ~$30B by imposing new taxes on exchanges trading digital assets including crypto — The draft language could mean a number of individuals interacting with crypto may have to start reporting their transactions.Sponsor Posts
ElevenLabs:
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Intel:
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Zoho:
5 common AI pitfalls in staffing and how to fix them — Staffing teams are turning to AI to keep up with growing hiring demands. It helps recruiters move faster, handle more applications, and stay on top of their pipelines.
5 common AI pitfalls in staffing and how to fix them — Staffing teams are turning to AI to keep up with growing hiring demands. It helps recruiters move faster, handle more applications, and stay on top of their pipelines.
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
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Live @ Nvidia's nerd Super Bowl, poker takes over tech, and the future of AI banking
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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Big Technology Podcast:
OpenAI's Superapp Ambitions, Jensen on Jobs, Bezos's $100 Billion Automation Fund
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Hard Fork:
'A.I.-Washing' Layoffs? + Why L.L.M.s Can't Write Well + Tokenmaxxing
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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The Social Radars:
Paul Graham, Founder, Y Combinator
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
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The Upstarts Podcast:
Star Catcher's Andrew Rush: Harnessing The Sun To Build The First Energy Grid In Space
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Tools and Weapons with Brad Smith:
Everybody Goes Home: How technology is helping prevent wildfires from spreading
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.
Subscribe to Tools and Weapons with Brad Smith.
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