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August 2, 2021, 10:50 AM
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memeorandum
WeSmirchTop News
| 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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CNBC, Wall Street Journal, The Verge, TechCrunch, TNW, The Economic Times, iTnews, Finbold, Australian Financial Review, Axios, BitcoinExchangeGuide, New York Times, Australian Financial Review, Cointelegraph, Fortune, Neowin, Cryptonews, Engadget, CNN, BBC, 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:
Benzinga, The Block, altfi.com, CNBC, investors.squareup.com, CoinJournal, Decrypt, BitcoinExchangeGuide, Finextra, Cointelegraph, NewsBTC, blockchain.news, Coinspeaker, and Reuters
Tweets: @ryan_browne_, @firstgenwealth, and @arturo_p_a
| 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 … | 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 and Beyond Search
Tweets: @iyad_elbaghdadi, @abierkhatib, @memeghnad, @lalehkhalili, @k8em0, @drewharwell, @kimzetter, @trycatchhcf, @shadow0pz, @evacide, @evan_greer, and @oliviasolon
| 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, Android Central, Engadget, PCMag, Android Police, MacRumors, 9to5Google, MUO, Trusted Reviews, Phandroid, The Streamable, SlashGear, iPhone Hacks, iMore, and phonearena.com
Tweets: @tomwarren, @chunvn8888, @danishkh4n, and @martinsfp
| Politico: |
Pro-Trump social network GETTR is awash with Islamic State propaganda, including graphic videos of beheadings and memes of a militant executing Trump — GETTR, the new platform started by members of the former president's inner circle, is awash with beheading videos and extremist content.
More:
KnowTechie. Tweets: @markscott82, @politico, @scottjshapiro, @ryanlcooper, @tvietor08, @willsommer, and @evelyndouek
| 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: @mims, @sarahponczek, @heathersomervil, @timcohn, @jontreble, @amyssorrells, @dngusev, @notamitalegend, @mdudas, and @mv11151
| 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:
TechCrunch, BBC, ZDNet, PCMag, Engadget, CNN, IT Management, The Register, Digital Trends, Agence France-Presse, SiliconANGLE, Bloomberg, Axios, iTnews, The Hill, NPR, TheStreet, Slashdot, Mercury News, and AppleInsider. Tweets: @pernillet
| 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.| Stephen Jewkes / Reuters: |
Italy's Lazio region, which surrounds Rome, says hackers have shut down its IT systems used to manage COVID-19 vaccinations — Hackers have attacked and shut down the IT systems of the company that manages COVID-19 vaccination appointments for the Lazio region surrounding Rome, the regional government said on Sunday.| 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:
Tech.eu, EU-Startups, Insider, Coinspeaker, blog.bolt.eu, and Reuters
Tweets: @villigm, @ryan_browne_, @e_estonia, @pvesterbacka, and @ryan_browne_
| 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, Tech in Asia, VCCircle, YourStory.com, and Forbes India
| Catalin Cimpanu / The Record: |
Researchers say a collection of nine vulnerabilities impact pneumatic tube systems installed in ~80% of all major US hospitals — Details have been published today about a collection of nine vulnerabilities known as PwnedPiper that impact common a type of medical equipment that's installed …
More:
Armis, CyberScoop, The Register, BleepingComputer, ZDNet, CSO, The Hacker News, Dark Reading, TechRepublic, and SecurityWeek
Tweets: @lilyhnewman and @brbarrett
| Financial Times: |
SPACs are being forced to fund deals with more expensive financing, like issuing convertible bonds, due to cash from institutional investors drying up — Target companies are raising debt rather than equity to push transactions over the line — Blank cheque companies are turning … | 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?
More:
Cointelegraph. Tweets: @cchukudebelu, @yme, @anthonydessauer, @nic__carter, @lynaldencontact, and @gladstein
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