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July 30, 2021, 11:30 AM
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| Stephanie Bodoni / Bloomberg: |
In a filing, Amazon discloses that EU privacy regulators levied a record $888M fine for violating GDPR data storage rules in a July 16 decision — - Luxembourg watchdog wields new powers with highest data fine — Fine follows probe based on complaint by French privacy group
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Wall Street Journal, The Verge, Variety, PCMag, TechCrunch, The Irish Times, Reuters, CNET, AppleInsider, Engadget, CNBC, Tech Xplore, BGR, The Wrap, Politico, Insider, GeekWire, and Mashable
Tweets: @privacymatters and @carnage4life
| 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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Barron's Online, New York Times, CNBC, The Guardian, TechSpot, CNBC, Reuters, Fast Company, Barron's Online, CNN, Coinspeaker, The Register, Tamebay, MarketWatch, PYMNTS.com, Android Central, Telegraph, The Times, Quartz, Investor's Business Daily, Adweek, Yahoo Finance, ZDNet, Associated Press, Bloomberg, Australian Financial Review, The Verge, SiliconANGLE, Financial Times, CNET, Insider, Variety, Reuters, and Wall Street Journal
| Reuters: |
SEC has stopped processing IPO and other registrations by Chinese companies as it crafts guidance for investors disclosures over China's crackdown — (Reuters) - The U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings (IPOs) …
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U.S. Securities …, Axios, Bloomberg, and Reuters
| Nathaniel Taplin / Wall Street Journal: |
China's crackdown on its tech giants could backfire, leaving Beijing with a seriously damaged consumer sector and slow-growing chip and robotics companies — When a government comes to believe it can snap its fingers and create—or destroy—whole industries at will, things can easily go awry
Tweets: @jchengwsj and @hkanji
| 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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New York Times, The Verge, Crunchbase News, GlobeNewswire News Room, CNN, CNBC, Decrypt, Vox, Bloomberg, CNN, Cointelegraph, Silicon Valley Business …, PYMNTS.com, Wall Street Journal, Reuters, SiliconANGLE, New York Times, Bloomberg, Bitcoin News, PitchBook, CNBC, CoinGeek, WRAL TechWire, Yahoo Finance, Protocol, Bloomberg, StreetInsider.com, Fortune, Bloomberg, MarketWatch, Finextra, Crypto Briefing, Crunchbase News, CoinJournal, and MarketWatch
Tweets: @chrisbloomstran, @schuldensuehner, @thestalwart, @bgurley, @robinhoodapp, @vladtenev, @katie_roof, @cryptowendyo, @dangillmor, @andrew__reed, @eringriffith, @mikeisaac, @vojtech, @danprimack, @pkedrosky, @nycsouthpaw, @thestalwart, @tradingview, @benpopper, @eringriffith, @danprimack, @levynews, @felixsalmon, @wsbmod, @mylesudland, @zerohedge, @jordannovet, @chrisbloomstran, @felixsalmon, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @chrisbloomstran, @mims, and @cnnbusiness
| Tom Wilson / Reuters: |
Binance says it will wind down futures and derivatives trading in Europe, amid regulatory pressure; users will have 90 days to close from a date specified later — Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe …
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Binance, Forbes, BitcoinExchangeGuide, CoinDesk, Coinspeaker, Cointelegraph, Decrypt, CoinJournal, Crypto Briefing, cryptodaily.co.uk, and The Block. Tweets: @anbessa100
| Jay Peters / The Verge: |
Snap says it resolved an issue that prevented some Snapchat users from logging in and advises users to manually update the app if the issue persists — Snap resolved an issue preventing users from logging in — Snapchat experienced a massive issue Thursday evening, with more than 125,000 users reporting problems on Downdetector.
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iMore, KnowTechie, ABC, TechRadar, Android Authority, iPhone in Canada Blog, 9News, inews.co.uk, 9to5Mac, and iMore
Tweets: @snapchatsupport and @snapchat
| Ashley Carman / The Verge: |
In an email to creators, audio app Fireside, funded by Mark Cuban, says it is accepting investments through August from anyone who is interested — It hasn't even launched publicly yet — The Mark Cuban-funded and co-founded audio app Fireside has yet to publicly launch …
Tweets: @ashleyrcarman
| Edward Ongweso Jr / VICE: |
48 civil rights and advocacy groups ask the FTC to ban corporate facial surveillance technology and continuous corporate surveillance of public space — The open letter uses Amazon as a case study to argue that corporate surveillance technologies cause immense harm and fall under the FTC's authority to ban.
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Washington Post, Input, Common Dreams, The Daily Dot, Medium, and Gizmodo. Tweets: @bigblackjacobin
| Daniel Estrin / NPR: |
Source: NSO Group has temporarily blocked several government clients globally from using its technology as the company investigates their possible misuse — Israeli spyware company NSO Group has temporarily blocked several government clients around the world from using its technology …
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9to5Mac, Silicon Republic, Beyond Search, CNET, MediaNama, iMore, Washington Post, and The Guardian. Tweets: @profcarroll
| Davey Alba / New York Times: |
A look at the development of an Amazon warehouse in Windsor, CT, where the discovery of multiple nooses on site raises questions about Amazon's responsibilities — The discovery of multiple nooses has set off heated debates about the responsibility of companies and the ability of workers to speak their mind.
Tweets: @daveyalba, @daveyalba, @kwameopam, @daveyalba, @daveyalba, and @daveyalba
| 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 — Activision Blizzard is in crisis mode. The World of Warcraft publisher was the subject of a shocking lawsuit filed …
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Kotaku, New York Times, Kotaku, VentureBeat, GamesIndustry.biz, Game Rant, Rock, Paper, Shotgun, Metro.co.uk, Eurogamer.net, Reviews, Inverse, PCMag, TechRadar, Game Rant, Game Rant, Polygon, GamesIndustry.biz, Gamasutra, MSPoweruser, PC Games Insider, The Verge, Dot Esports, Ars Technica, and thegamer.com
| 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.
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Softpedia News, SentinelLabs, The Hacker News, HackRead, BleepingComputer, and SecurityWeek
Tweets: @stick631, @thegrugq, and @campuscodi
| Catherine Stupp / Wall Street Journal: |
Faced with rising ransomware risks, companies seeking cybersecurity professionals are paying higher salaries and offering more autonomy — Companies are paying higher salaries, and in some cases giving more autonomy, to attract executives who manage data security| Greg Ip / Wall Street Journal: |
How the US and allies, which long pressed China to stop subsidies for favored industries, are now embracing subsidies of their own to fund chip manufacturers — An approach long criticized as inefficient, is being adopted by the U.S. to fund sectors such as semiconductorsSponsor Posts
Subquadratic:
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Zoho:
Introducing Zoho TouchPoint: Every handshake deserves a next step — Here's a scene you've probably experienced. You spend a day at an event, talk to dozens of people, and come home with a stack of business cards.
Introducing Zoho TouchPoint: Every handshake deserves a next step — Here's a scene you've probably experienced. You spend a day at an event, talk to dozens of people, and come home with a stack of business cards.
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.
WebBrain:
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.Featured Podcasts
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The 10 Biggest Losers from Jensen Huang's Fall + The METR Report That Scared Us
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
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The Upstarts Podcast:
The $1.4B Startup Deciding What You See When You Shop Online | Sequen's Zoë Weil
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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Channels with Peter Kafka:
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Zach Reitano - Building Ro and Why Healthcare Should Be 50% of GDP
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