| Reuters: |
Square says it's buying Australia-based buy now, pay later service Afterpay for $29B in an all-stock deal, paying a 30% premium on Afterpay's last closing — U.S. fintech company Square Inc (SQ.N) said on Monday it had agreed to purchase Australian buy now/pay later giant Afterpay Ltd … | Jonathan Stempel / Reuters: |
Zoom agrees to pay $85M and bolster its security practices to settle a class action lawsuit over alleged user privacy violations and Zoombombing — Zoom Video Communications Inc (ZM.O) agreed to pay $85 million and bolster its security practices to settle a lawsuit claiming … | Stitch / The Verge: |
Some K-pop stars are bypassing Twitter and Facebook to create platforms for fans, like Universe, which features AI-generated voice calls with the idols — Fandom has changed a lot since I was a kid. As a tween, I had no hope of getting in touch with celebrities I adored like Britney Spears and Whitney Houston.| Kyle Chayka / New Yorker: |
Profile of Bored Ape Yacht Club, an NFT collection that sold for $2M+ in April, spawned a collector community, and has since seen ~$100M in trading activity — N.F.T. clubs are all the rage among cryptocurrency enthusiasts. Are they a get-rich-quick scheme or the future of culture?| John Herrman / New York Times: |
After a decade of online identities coming under increasingly centralized control, online anonymity is starting to look like a threatened privilege than a right — Reconsidering pseudonymity and what it means to “be yourself” online. — In early July, when England's soccer team lost … | Molly Wood / The Atlantic: |
Microsoft is avoiding antitrust scrutiny by rebranding itself as nice and boring, even as it reverts to some of the behaviors that led to prosecution the '90s — How has Microsoft escaped the scrutiny of reinvigorated antitrust regulators? — About the author: Molly Wood is the host … | Maya Wolfe-Robinson / The Guardian: |
Report: Facebook, Twitter, Instagram, YouTube, and TikTok failed to act on 84% of posts spreading anti-Semitism reported via their own complaint systems — Facebook, Twitter, Instagram, Youtube and TikTok failing to act on most reported anti-Jewish posts, says study| Christine Hall / TechCrunch: |
Medical imaging startup Exo, which aims to commercialize its AI-powered point-of-care workflow software and handheld ultrasound device, raises $220M Series C — Exo, pronounced “echo,” raised a fresh cash infusion of $220 million in Series C financing aimed at commercializing … | Stephen K. Hirst / Ars Technica: |
How the radical environmental themes of the game Final Fantasy VII, released in 1997 for the original PlayStation, influenced a generation of environmentalists — From activists to families, FFVII's cautionary, planetary tale still resonates. — In September of 1997 … | Josh Centers / TidBITS: |
How Apple became an “antifragile” company, by building a diverse portfolio of products and performing even stronger during the pandemic than it did before — For over two decades, “APPLE IS DOOMED” was a common refrain in Internet discussions. Originally, it was meant in a literal sense … | Stephen Nellis / Reuters: |
| Tatum Hunter / Washington Post: |
Many viewers are experiencing the Olympics primarily through TikTok, with some of the most-watched videos coming not from NBC but from athletes themselves — The Olympics through the lens of TikTok look widely different than TV — When NBC's “Today Show” told viewers that gymnast Simone Biles …
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