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August 1, 2021, 11:10 PM
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| 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 …
More:
Square, TechCrunch, The Verge, iTnews, CNN, Wall Street Journal, ZDNet, CNBC, CoinDesk, SiliconANGLE, ABC, and New York Times
Tweets: @jack, @packym, @square, @gokulr, @rrhoover, @pitdesi, @magyer, @magyer, @rstephens, @bengrubb, @mengxilu, @jendudley, and @carnage4life
| 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 …
More:
Bloomberg, BBC, Engadget, New York Times, CNN, SiliconANGLE, Axios, AppleInsider, Mercury News, iTnews, The Hill, NPR, TheStreet, and Slashdot
| Francis Agustin / Insider: |
Filings: Starlink has secured a license to build a satellite ground station on the Isle of Man, aiming to provide “blanket coverage” across Great Britain — - Elon Musk's Starlink will seek to provide high-speed internet across Great Britain, the Telegraph first reported.
Source:
Telegraph
| 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.
Tweets: @roburaibu, @researchbts, @fansumption, @stitchmediamix, @marshawright, @pauljholden, and @verge
| 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?
More:
Decrypt. Tweets: @narendra, @adambrotman, @taylorlorenz, @newyorker, @aljaparis, @anthony, @aljaparis, @borgetsebastien, @martinsfp, @seth, @zoescaman, @taylorgerring, @mitchem, and @chaykak
| Manish Singh / TechCrunch: |
Bangalore-based online learning startup Unacademy raises $440M round led by Temasek at a $3.44B valuation — Unacademy has raised $440 million in a new financing round as the Indian online learning startup looks to expand into multiple additional categories.
More:
The Economic Times
| 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 …
Tweets: @slydessertfox, @noupside, @hkesvani, @moonalice, @davidakaye, @jwherrman, @wexler, @natematias, @graceonfootball, and @jwherrman
| 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| 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 …
Tweets: @mukund, @teezeh, @arekfurt, @carnage4life, @aarti411, @brycas, @theatlantic, @mollywood, @mollywood, and @mollywood
| 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 …
Tweets: @kyleorl, @mediasmarts, @dante_the_k9, @martinsfp, and @envdefensefund
| 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 Nellis / Reuters: |
Qualtrics to acquire Virginia-based Clarabridge, which offers AI-powered customer experience management tools, for $1.125B in stock — Qualtrics International Inc on Thursday said it would acquire privately held Clarabridge for $1.1 billion in stock. — Qualtrics, which was spun …
Source:
PR Newswire and Clarabridge. More:
Washington …, CMSWire.com, SiliconANGLE, FinSMEs, and Forbes
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