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August 2, 2021, 8:50 AM
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| Greg Ahlstrand / CoinDesk: |
Square reports Q2 revenue of $4.88B, up 143% YoY, while its Cash App service's bitcoin yearly revenue was $2.72B, up 200% — Cash App's bitcoin gross profit rose to $55 million, Square said in its Q2 letter to shareholders. — Jack Dorsey's Square said its Cash App service's bitcoin …
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Square, Benzinga, altfi.com, The Block, Decrypt, Finextra, Coinspeaker, Bitcoin Magazine, blockchain.news, Cointelegraph, NewsBTC, and Reuters
Tweets: @firstgenwealth and @arturo_p_a
| 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, iTnews, Australian Financial Review, TNW, The Economic Times, The Register, Gizmodo, CNBC, Australian Financial Review, Engadget, Cointelegraph, Fortune, Neowin, SiliconANGLE, Cryptonews, BBC, ZDNet, CNN, ABC, Insider, 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
| 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, Android Authority, XDA Developers, PCMag, Engadget, Android Police, MacRumors, 9to5Google, iMore, phonearena.com, and Cult of Mac
Tweets: @chunvn8888, @danishkh4n, @tomwarren, and @martinsfp
| 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 …
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9to5Mac. Tweets: @memeghnad, @lalehkhalili, @k8em0, @drewharwell, @kimzetter, @trycatchhcf, @shadow0pz, @evan_greer, and @oliviasolon
| 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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PCMag, CNBC, Engadget, ZDNet, BBC, CNN, Bloomberg, The Register, SiliconANGLE, Digital Trends, Agence France-Presse, New York Times, Axios, iTnews, The Hill, NPR, TheStreet, Mercury News, Slashdot, and AppleInsider. Tweets: @pernillet
| 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 …
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MacRumors, 9to5Mac, iPhone in Canada Blog, Tom's Hardware, Neowin, AppleInsider, and VideoCardz.com
| 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, @notamitalegend, @jontreble, @amyssorrells, @dngusev, @mv11151, @heathersomervil, @timcohn, and @mdudas
| 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?| Carly Page / TechCrunch: |
Nozomi Networks, which aims to shield critical infrastructure from cyberattacks, raises $100M Series D led by Triangle Peak Partners as it prepares for an IPO — Nozomi Networks, an industry cybersecurity startup that aims to shield critical infrastructure from cyberattacks, has raised $100 million in pre-IPO funding.
More:
VentureBeat, Reuters, and Nozomi Networks
| Ingrid Lunden / TechCrunch: |
London-based Kuda, which offers mobile-first banking services in Nigeria, raises $55M Series B at a $500M valuation co-led by Valar Ventures and Target Global — Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first …
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TechCabal, Techpoint Africa, and WeeTracker
Tweets: @babsogundeyi, @pkisadha, @oba_kinbo, @iatalkspace, and @oluwatosinraji_
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