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August 5, 2021, 8:25 AM
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| Gilad Edelman / Wired: |
Mozilla's analysis says Facebook's justifications for cutting off access to researchers running NYU's Ad Observatory project “simply do not hold water” — The company says privacy concerns forced it to block access for a team of academics. Whose privacy, exactly?
Source:
The Mozilla Blog. More:
Bloomberg, The Verge, Slashdot, Associated Press, Platformer, and Neowin
Tweets: @oliviasolon, @mozilla, @szhang_ds, @nandoodles, @marechalphd, @rebekahktromble, @oliviasolon, @tarletong, @lauraedelson2, @oliviasolon, @arzugeybulla, @daphnehk, @persily, @brianfagioli, @jason_kint, @giladedelman, @frankpallone, @marechalphd, @accountabletech, @jason_kint, @caseynewton, @rebekahktromble, @sachp, @jameeljaffer, @damiancollins, and @jason_kint
| Bloomberg: |
Facebook says it has disabled the accounts, apps, Pages, and access to its APIs for researchers running NYU's Ad Observatory Project, citing TOS violations — - Company says researchers of political ads were scraping data — NYU's Ad Observatory got cease-and-desist letter last October
Source:
About Facebook. More:
Knight First Amendment …, Protocol, Wall Street Journal, The Daily Dot, VICE, Medium, Input, ZDNet, Fortune, The Daily Caller, Daily Mail, New Statesman, MediaPost, Agence France-Presse, Reuters, Forbes, NPR, The Register, PCMag, TNW, and The Hill
Tweets: @lauraedelson2, @lauraedelson2, @issielapowsky, @dellcam, @ronwyden, @josephfcox, @juliaangwin, @daithaigilbert, @profcarroll, @justinhendrix, @lauraedelson2, @kurtwagner8, @jason_kint, @demandprogress, @colorofchange, @authorpmbarrett, @daithaigilbert, @justinhendrix, @gerritd, @alexanderabdo, @timcast, @cendemtech, @econliberties, @lucaskuncemo, @jonathanmayer, @markwarner, @donie, @jonathanmayer, @jason_kint, @willoremus, @profcarroll, @brooklynmarie, @lauraedelson2, @ggreeneva, @fboversight, @granick, @ethanz, @ethanz, @corintxt, @benthompson, @benedictevans, @themarkup, @suryamattu, @jason_kint, @tonyromm, @jakelaperruque, @mathewi, @ttp_updates, @katestarbird, @mer__edith, @profcarroll, @jason_kint, @jameeljaffer, @justinhendrix, @stphnmaher, @issielapowsky, @issielapowsky, @emilygorcenski, @bgrueskin, @ct_bergstrom, @carolecadwalla, @benedictevans, @benedictevans, @benedictevans, @mshannahmurphy, and @caseynewton
| Sarah Perez / TechCrunch: |
TikTok says it is testing TikTok Stories; source says Stories are available in a handful of markets outside the US — Twitter may have shut down its Stories features known as Fleets, but the Stories format will continue to invade other social platforms. TikTok today confirmed it's piloting … | Michael McSweeney / The Block: |
Senators Lummis, Wyden, Toomey propose amendment to infrastructure bill excluding crypto developers, miners, node operators, others from the “broker” definition — A trio of U.S. senators is proposing a legislative exclusion for crypto companies, including miners and software developers … | Sam Byford / The Verge: |
Nintendo misses in Q1 with $1.09B operating profit, down 17.3% YoY, on $2.94B revenue, down 9.9% YoY, as Switch sales decline by 21.7% YoY to 4.45M units — It was not exactly a normal quarter this time in 2020 — Nintendo has released its earnings for the April-June quarter …
Source:
Nintendo Investor Relations. More:
Engadget, Wall Street Journal, GamesIndustry.biz, Gamasutra, VentureBeat, Dot Esports, Bloomberg, and iMore
| Jessica Bursztynsky / CNBC: |
Uber beats estimates with record gross bookings of $21.9B, up 114% YoY, adjusted EBITDA loss of $509M, an improvement from $837M YoY; stock down ~5% — - Uber beat on both the top and bottom lines in its second-quarter earnings report Wednesday. — The company reported a net income of $1.1 billion for the quarter.
Source:
Uber. More:
Financial Times, The Guardian, ZDNet, TheStreet, Wall Street Journal, Neowin, Financial Times, Barron's Online, Reuters, Financial Times, TechCrunch, New York Times, Associated Press, Bloomberg, and Insider
Tweets: @sharkyl, @stevekovach, @dangerbrooks, @levynews, @ldignan, @carnage4life, @grady_booch, and @robotodd
| Manish Singh / TechCrunch: |
Indian digital bank Jupiter raises $45M Series B, led by Brazil-based Nubank, Global Founders, Sequoia, and Matrix Partners India, at a $300M+ valuation — Industry veteran Jitendra Gupta's neobank for consumers in India — Jupiter — has raised $45 million in a new financing round …
More:
Entrackr, Finextra, and The Economic Times
| Zheping Huang / Bloomberg: |
Source: ByteDance has laid off hundreds of employees working on its online education businesses, following China's crackdown on the sector — - It's shutting one service while pivoting others to comply — China's new online tutoring curbs include a ban on profits| Annie Palmer / CNBC: |
Etsy drops by 10%+ after reporting better-than-expected Q2 results, with revenue up 23.4% YoY to $528.9M, but Q3 guidance suggests pandemic sales boost is over — - Shares of Etsy slid in extended trading Wednesday after the company gave third-quarter guidance that suggested a sales slowdown.| Zoe Schiffer / The Verge: |
Apple places female engineering program manager on administrative leave after she tweeted about sexism in the office — Ashley Gjøvik says the employee relations team implied she should stay off Slack pending an ongoing investigation — Apple has placed senior engineering program …
More:
Fox News, Philip Elmer‑DeWitt, iMore, iThinkDifferent, AppleInsider, and 9to5Mac
Tweets: @cherthedev, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @cherthedev, @zoeschiffer, @justkelly_ok, @zoeschiffer, @runfaster2000, @zoeschiffer, @richrichmond, @zoeschiffer, @_shantini_, @zoeschiffer, @zoeschiffer, @cherthedev, @zoeschiffer, @ashleygjovik, @acurioustale, @migueldeicaza, @mhbergen, @alisonturkos, @markbober, @chronrevisited, @timnitgebru, @kimcrayton1, @richrichmond, @chancehmiller, @gartenberg, @migueldeicaza, @gartenberg, and @timnitgebru
| Edward Ongweso Jr / VICE: |
Amnesty International: of the world's 53 largest VC firms, only one meets UN human rights due diligence standards — Out of the 53 companies and accelerators surveyed, only one “potentially” set up a policy to investigate and stop contributions to human rights abuse. — EO
Source:
Amnesty International. More:
TechCrunch
Tweets: @techwontsaveus, @epro, @bigblackjacobin, and @_jack_poulson
| Benjamin Mayo / 9to5Mac: |
Apple is reportedly considering using on-device hashing algorithms to match photos with known child abuse material, a potentially problematic practice — Apple is reportedly set to announce new photo identification features that will use hashing algorithms to match the content of photos …
Source:
@matthew_d_green. More:
AppleInsider and phonearena.com
Tweets: @oliviasolon, @matthew_d_green, @levelsio, @kaepora, @matthew_d_green, @matthew_d_green, @matthew_d_green, @matthew_d_green, @matthew_d_green, @matthew_d_green, @matthew_d_green, @matthew_d_green, @matthew_d_green, @tsimonite, @matthew_d_green, @seanmcelroy, @nicksdjohnson, @diakayyali, @matthew_d_green, @matthew_d_green, and @matthew_d_green
| Mary Ann Azevedo / TechCrunch: |
SentiLink, which offers identity verification APIs to financial institutions, raises $70M Series B led by Craft Ventures with participation from a16z and others — SentiLink, an identity verification technology startup, has raised $70 million in a Series B funding round led by Craft Ventures.
More:
VentureBeat and Business Wire
| Ryan Browne / CNBC: |
European virtual events platform Hopin raises $450M led by Arena Holdings and Altimeter Capital at a $7.75B valuation — - Virtual events start-up Hopin is now worth $7.75 billion after raising $450 million in funding. — The company was founded in June 2019 and is already one of Europe's most valuable tech unicorns.| Todd Spangler / Variety: |
Amazon's free, ad-supported streaming service IMDb TV arrives on iOS and Android, more than two years after launching — More than two and a half years after IMDb launched its free, ad-supported streaming service, IMDb TV is now available on iOS and Android mobile devices.| Alex Konrad / Forbes: |
Email service Superhuman, which charges $30/month and hasn't formally launched, raises $75M Series C led by IVP, source says at a $825M valuation — Covering venture capital, software and startups — When Superhuman CEO Rahul Vohra agreed to meet with former Dropbox CFO Ajay Vashee's …
More:
Superhuman Blog and pitchbook.com
Tweets: @caseynewton, @alexrkonrad, @suhail, @rahulvohra, @jrhennessy, @ericbahn, @kennethcassel, @anothercohen, @awwstn, @quinnypig, @pitdesi, @neildevani, @jmj, @vsodera, @shomikghosh21, @imkialikethecar, @alex, @martinsfp, @alex, and @alexrkonrad. Thanks:@alexrkonrad
| Chris McGreal / The Guardian: |
Report: 25 oil and gas organizations spent $9.5M+ on 25K+ Facebook ads in 2020, seen 431M+ times, potentially undermining Facebook's ban on oil and gas misinfo — Thinktank InfluenceMap accuses petroleum giants of gaming Facebook to promote oil and gas as part of climate-crisis solution| Zheping Huang / Bloomberg: |
Kuaishou drops by over 15% in Hong Kong as its post-IPO lockup expired, highlighting widening fears about China's crackdown — - Shares plummet 15% after a post-IPO lockup on sales expired — Selloff underscores nervousness during the online crackdown| Bloomberg: |
Dataiku, which helps enterprises use AI for data analytics, raises $400M led by Tiger Global at a $4.6B valuation — - New York-based firm raises $400 million for expansion — Investors include Tiger Global, ICONIQ Growth, CapitalG — Dataiku Inc., a startup that helps businesses roll …
More:
Tech.eu, Silicon Republic, VentureBeat, TechCrunch, and Business Wire
| Todd Spangler / Variety: |
Roku beats with Q2 total net revenue of $645M, up 81% YoY, reaching 55.1M active accounts, up 1.5M QoQ, and 17.4B streaming hours, down 1B QoQ; stock drops 8%+ — Roku easily beat Wall Street forecasts for second-quarter 2021 earnings — posting record 81% revenue growth … Sponsor Posts
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