| Reuters: |
Sources: Apple employees have sent 800+ Slack messages on an internal channel debating the company's plans to scan US iPhones, iPads, and computers for CSAM — A backlash over Apple's move to scan U.S. customer phones and computers for child sex abuse images has grown to include employees speaking … | Lorenzo Franceschi-Bicchierai / VICE: |
Nvidia says part of its April keynote was led by a virtual replica of CEO Jensen Huang, created by scanning Huang and then training an AI to mimic his gestures — Nvidia pulled off a stunt to promote and showcase its latest technology by digitizing its CEO Jensen Huang in a conference keynote.| Jason Schreier / Bloomberg: |
In an internal memo, Amazon drops guidelines that claimed ownership rights to video games made by staff after work hours, following criticism from developers — - Memo from Game Studios chief suggests rules were too broad — Company previously claimed rights to games made outside work| Felix Salmon / Axios: |
Circle announces intention to become a bank, fully regulated by Federal Reserve, OCC, and FDIC, which could make USDC a de facto central bank digital currency — Crypto giant Circle has announced its intention to become a bank, fully regulated by the Federal Reserve, the Office of the Comptroller of the Currency, and the FDIC.| Naman Ramachandran / Variety: |
UK's CMA says it has provisionally found that Facebook's Giphy acquisition could negatively impact competition, such as by denying competitors access to GIFs — The merger of social media giant Facebook and Giphy, the largest provider of GIFs, has run into a roadblock from the U.K.'s Competition and Markets Authority (CMA).| Bloomberg: |
Facebook delays its office reopenings in the US until January 2022; Facebook originally hoped for 50% office capacity by September and 100% by October — - Company originally planned to have employees back by October — Facebook will also require vaccinations for U.S. staff members| Kevin Roose / New York Times: |
A look at community NFT projects like Pudgy Penguins, which have become a new kind of financial and social status symbol on the internet — Is this what the metaverse looks like? — Earlier this week, I got attacked by penguins. — Not real ones, mind you.| Sarah Perez / TechCrunch: |
Disney+ beats Q3 subscriber estimates, reaching 116M subscribers vs. 114.5M expected; ESPN+ subscribers rose 75% YoY to 14.9M, Hulu grew 21% YoY to 42.8M — Disney's streaming service is seeing improved growth, after initially seeing slower numbers of subscriber additions in Q2 as Covid lockdowns and mask mandates came to an end.| Mike Isaac / New York Times: |
Reddit raises $410M+ led by Fidelity Investments at a $10B+ valuation, up from $6B six months ago when it raised $250M; the new round could reach ~$700M — Reddit, the virtual town square of the consumer internet, has raised a fresh $410 million in funding, valuing it at more than $10 billion, the company said on Thursday.| Salvador Rodriguez / CNBC: |
Airbnb reports Q2 revenue of $1.34B, up nearly 300% YoY, with Gross Booking Value of $13.4B, up 320% YoY, and net loss of $68M, down 88% YoY — - Airbnb beat Wall Street's expectations for revenue and bookings in the second quarter, but the company warned about expected volatility from the Covid delta variant.| Maia Szalavitz / Wired: |
Researchers say algorithms like NarxCare, which are used to identify a patient's risk of misusing opioids, may be actually worsening the US opioid crisis — A sweeping drug addiction risk algorithm has become central to how the US handles the opioid crisis. It may only be making the crisis worse.| Sarah Perez / TechCrunch: |
TikTok details upcoming protections for users aged 13 to 17, including turning in-app messaging off by default and changes to notifications — TikTok today becomes the latest tech company to roll out increased protections for minors on its platform in the wake of increased regulatory scrutiny.| KrASIA: |
XtalPi, which uses AI for drug discovery and development, raises $400M Series D led by OrbiMed and RRJ, at a valuation of over $2B — The company provides its AI technology to pharmaceutical companies to enhance R&D for new drugs. — AI pharmaceutical company XtalPi secured USD 400 million … | David Ramli / Bloomberg: |
Innovusion Holdings, which develops lidar systems, raises $66M Series B plus round, bringing its total raised to $180M — - Supplier to auto-makers completes Series B plus round — Financing led by Guotai Junan International, Shunwei Capital — Innovusion Holdings Ltd … | Dee-Ann Durbin / Associated Press: |
DoorDash reports Q2 revenue of $1.24B, up 83% YoY, total orders of 345M, up 69% YoY, net loss of $102M, and says fee caps in cities like NY and LA cost it $26M — DoorDash booked a record number of orders in the second quarter even as its revenue growth slowed from pandemic-induced highs.| Shen Lu / Protocol: |
In response to internal calls for reform, Alibaba says it will form a committee of five female execs to handle workplace sexual harassment and related issues — This story contains mention of sexual assault. — After rape allegations of a female employee against her manager … | Joseph Cox / VICE: |
Google says it banned location data company SafeGraph in early June, meaning apps using SafeGuard location SDK had to remove it — SafeGraph sells smartphone location data to essentially anyone. Google banned the company in June. — Joseph Cox — Google has banned SafeGraph … | David Uberti / Wall Street Journal: |
A look at efforts to shape federal rules for companies disclosing cyberattacks, with a group representing Alphabet and Amazon pushing for a 72-hour window — Companies and trade groups want at least 72 hours to report cyberattacks — Companies are pushing to narrow legislation …
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| Joseph Cox / VICE: |
| Lizette Chapman / Bloomberg: |
| Nathan Grayson / Washington Post: |
| Simon Evans / Reuters: |
| Christine Hall / TechCrunch: |
| Gael Fashingbauer Cooper / CNET: |
| Wolfie Zhao / The Block: |