| 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?| 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| 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 … | 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.| 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 … | 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 … | 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 … | 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| 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.| 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 … | 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| Tom Warren / The Verge: |
Microsoft pauses free trials of its new Windows 365 service, which lets users stream Windows 10 or 11 via web browser, after “significant demand” — Windows 365 lets you stream a cloud PC to a web browser — Microsoft launched its new cloud PC Windows 365 service earlier this week … | Zheping Huang / Bloomberg: |
Tencent resumes accepting user registrations on WeChat, after suspending them on July 27 for a “security technical upgrade” to comply with Chinese regulations — - The company suspended registrations last week for upgrades — Its shares have swung wildly in recent days on crackdown fears| Dean Takahashi / VentureBeat: |
EA beats estimates with Q1 total net revenue of $1.55B, up from $1.46B YoY, net income of $204M, down from $365M YoY, and net bookings of $1.34B, down 3% YoY — Watch now. — Electronic Arts reported better-than-expected earnings today for the first fiscal quarter ended June 30 … | Joseph Cox / VICE: |
Internal document: Google fired dozens of engineers between 2018 and 2020 for abusing their access to data and tools — Some allegations potentially center around accessing Google user or employee data. — Joseph Cox — Google has fired dozens of employees between 2018 and 2020 …
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| Salvador Rodriguez / CNBC: |
| Alex Konrad / Forbes: |
| Maggie Fitzgerald / CNBC: |
| Takashi Mochizuki / Bloomberg: |