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August 2, 2021, 9:45 AM
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memeorandum
WeSmirchTop News
| Jon Porter / The Verge: |
YouTube trials Premium Lite subscription for €6.99/month, offering ad-free viewing across all major platforms, currently available in Europe — Currently being piloted in parts of Europe — Google is piloting a more affordable premium subscription tier for YouTube …
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ResetEra, AppleInsider, Android Authority, XDA Developers, PCMag, Engadget, Android Police, MacRumors, 9to5Google, iPhone Hacks, iMore, and phonearena.com
Tweets: @tomwarren, @chunvn8888, @danishkh4n, and @martinsfp
| 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 …
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Wall Street Journal, The Verge, TechCrunch, Finbold, iTnews, TNW, The Economic Times, Australian Financial Review, Gizmodo, CNBC, Australian Financial Review, BitcoinExchangeGuide, Engadget, Cointelegraph, Fortune, Neowin, Cryptonews, BBC, CNN, ZDNet, Insider, ABC, TechRadar, and Tech in Asia
Tweets: @jack, @square, @gokulr, @pitdesi, @magyer, @jonrussell, @magyer, @rstephens, @mengxilu, @fintechfrank, @jendudley, @valwagoner, @rrhoover, @packym, @bengrubb, @alexh_johnson, and @carnage4life
| Greg Ahlstrand / CoinDesk: |
Square reports Q2 revenue of $4.88B, up 143% YoY; Cash App's bitcoin yearly revenue was $2.72B, up 200%, as Square's bitcoin holdings had a $45M impairment loss — Cash App's bitcoin gross profit rose to $55 million, Square said in its Q2 letter to shareholders.
More:
CNBC, Benzinga, The Block, altfi.com, Decrypt, CNBC, Finextra, CoinJournal, investors.squareup.com, BitcoinExchangeGuide, Coinspeaker, Cointelegraph, NewsBTC, blockchain.news, and Reuters
Tweets: @ryan_browne_, @firstgenwealth, and @arturo_p_a
| Olivia Solon / NBC News: |
Female journalists and activists share how they were targeted and harassed by authoritarian regimes through hack-and-leak attacks using the Pegasus spyware — Ghada Oueiss, a Lebanese broadcast journalist at Al-Jazeera, was eating dinner at home with her husband last June when she received …
More:
9to5Mac. Tweets: @iyad_elbaghdadi, @abierkhatib, @memeghnad, @lalehkhalili, @k8em0, @drewharwell, @kimzetter, @trycatchhcf, @shadow0pz, @evacide, @evan_greer, and @oliviasolon
| Dr. Ian Cutress / AnandTech: |
A now-deleted tweet by an Intel executive suggests Thunderbolt 5 could double the bandwidth of existing Thunderbolt 4 and USB 4 connections to 80 Gbps — An executive visiting various research divisions across the globe isn't necessarily new, but with a focus on social media driving named individuals …
More:
MacRumors, 9to5Mac, iPhone in Canada Blog, Tom's Hardware, Neowin, AppleInsider, and VideoCardz.com
| 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 …
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ZDNet, PCMag, TechCrunch, Engadget, BBC, CNN, IT Management, The Register, Digital Trends, Agence France-Presse, SiliconANGLE, New York Times, Bloomberg, Axios, iTnews, The Hill, NPR, TheStreet, Slashdot, Mercury News, and AppleInsider. Tweets: @pernillet
| Heather Somerville / Wall Street Journal: |
Non-VC funds invested in a record 42% of tech startup funding deals in Q2 2021; H1 '21 US startup funding was $150B, with FY 2021 on pace to double 2020's total — Hedge, mutual and pension funds are investing heavily, leading to higher valuations and more leverage for company founders
Tweets: @sarahponczek, @heathersomervil, @timcohn, @jontreble, @amyssorrells, @dngusev, @notamitalegend, @mdudas, and @mv11151
| Jennifer Elias / CNBC: |
Filings: Larry Page and Sergey Brin have sold a combined $1B+ in Google stock since May 2021, the most since 2017; Google's share price has since tripled — - Google founders and majority stakeholders Larry Page and Sergey Brin have sold more than $1 billion worth of stock combined since May.| The Economic Times: |
Fashinza, a B2B marketplace for apparel manufacturing, raises $20M Series A from Accel, Elevation Capital, and others — B2B manufacturing marketplace Fashinza on Monday said it has raised $20 million (about Rs 148.6 crore) in funding from investors, including Accel Partners, Elevation Capital and actress Sonam Kapoor Ahuja.
More:
Entrackr, VCCircle, Tech in Asia, YourStory.com, and Forbes India
| Manish Singh / TechCrunch: |
Bangalore-based online learning startup Unacademy raises $440M 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. — Temasek led the Bangalore-based startup's …
More:
The Economic Times, Moneycontrol, KrASIA, Bloomberg, Tech in Asia, Entrackr, Business Standard, and Keeping Up With India
Tweets: @samidhas, @prasannavishy, @gauravmunjal, and @gauravmunjal
| Emmanuel Akinwotu / The Guardian: |
Analysis: Nigeria is second only to the US in bitcoin trading volume, hitting $2.4B in May from $684M in Dec. 2020, as the government tries to curb its use — As leaders around the world grapple with cryptocurrencies, what happened when the African country tried to ban them?| Ryan Browne / CNBC: |
Estonian ride hailing startup Bolt, formerly known as Taxify, raises $713M at a ~$4.75B valuation, led by Sequoia, Tekne, and Ghisallo — - Estonian ride-hailing start-up Bolt has raised $713 million in fresh funding to push into the rapidly-growing online grocery delivery industry.
More:
Reuters, Insider, Coinspeaker, and blog.bolt.eu
Tweets: @villigm, @ryan_browne_, @e_estonia, @pvesterbacka, and @ryan_browne_
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