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August 26, 2021, 7:15 AM
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| Lauren Feiner / CNBC: |
After White House meeting, Google will spend $10B over five years and train 100K IT and data workers, Apple pledges supply chain security improvements, and more — - The White House hosted a cybersecurity summit with CEOs in sectors ranging from tech to insurance.
More:
The Keyword, The White House, Silicon Republic, The Register, ZDNet, Business Wire, Beyond Search, Bloomberg, ZDNet, Benzinga, SiliconANGLE, iClarified, Engadget, MacRumors, 9to5Mac, 9to5Google, and Protocol
Tweets: @satyanadella, @sundarpichai, @patrickwardle, @markgurman, @kifleswing, @rlove, @thomasortk, @lutherlowe, @kent_walker, @camilleesq, and @secmayorkas
| Washington Post: |
Biden meets with CEOs from Apple, Microsoft, Alphabet, Amazon, and others to discuss cybersecurity, says private sector must do more to protect infrastructure — “You have the power, capacity and responsibility, I believe, to raise the bar on cybersecurity,” President Biden tells CEOs of Apple, Google, JP Morgan Chase
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The Hill, Washington Post, The White House, Wall Street Journal, CNN, AppleInsider, Security Boulevard, CyberScoop, Financial Times, iMore, Fortune, CNET, Gizmodo, EdScoop, Reuters, and CRN
Tweets: @viacristiano, @dnvolz, @quinnypig, @castrotech, @mcuban, @typemrt, @oliverdarcy, @profkatejudge, @digiphile, and @snlyngaas
| Todd Bishop / GeekWire: |
Microsoft says it will quadruple cybersecurity spending to $20B over five years, spend $150M to help federal, state, and local governments improve security — [Updated below with Microsoft confirmation and related announcements from Amazon, Google, and Code.org.]| Joan E. Solsman / CNET: |
YouTube says it has removed over 1M videos related to COVID misinformation since Feb. 2020 and removes 10M videos per quarter, most of which have <10 views — But the 1 million coronavirus-related takedowns since the start of the pandemic are difficult to put in context, because of YouTube's gigantic scale.
More:
YouTube Official Blog, TechCrunch, Social Media Today, Micky, ZDNet, Neowin, PCMag, Voice of America, and Tech Xplore
Tweets: @mhbergen, @noupside, @evelyndouek, @lanceulanoff, @nealmohan, @annaedge4, @deemadigan, @brianstelter, @katieharbath, @katieharbath, @katie_roof, @billyperrigo, @jmgrygiel, @arjanelfassed, @katestarbird, @asmadigames, @jenn_elias, @evelyndouek, @jaredlholt, @tarletong, @youtubeinsider, @viacristiano, and @ceciliakang
| New York Times: |
Sources: Facebook has approached experts about forming an advisory body for how it handles global election matters, including political ads and misinformation — The social network has contacted academics to create a group to advise it on thorny election-related decisions, said people with knowledge of the matter.
More:
The Verge. Tweets: @rmac18, @wolven, @mr_berman, @carlmalamud, @zaidjilani, @zephyrteachout, @davidakaye, @qorigins, @ancalerts, @mikeisaac, @muskrat__, @emilybell, @emilybell, and @reedgalen
| Ian Carlos Campbell / The Verge: |
Adam Mosseri says Instagram plans to more prominently feature photos and videos in search results in the future along with traditional accounts and hashtags — How search works and what it will be able to do next — Instagram plans to more prominently feature photos and videos in search results …
Source:
Instagram. More:
TNW, 9to5Mac, Social Media Today, phonearena.com, iMore, searchenginejournal.com, and Engadget
Tweets: @mosseri and @instagramcomms
| Ron Miller / TechCrunch: |
Canalys: US PC sales in Q2 2021 up 17% YoY, with 36.8M total units sold, notebooks up 27%, desktops up 23%, tablets down 1%; HP leads with 21.9% of market share — Canalys released its quarterly U.S. PC sales today, and while the news was quite good with sales overall up 17% YoY …
Source:
Canalys.com. More:
ZDNet, 9to5Mac, AppleInsider, iMore, equalocean.com, Patently Apple, Windows Central, and TechRepublic
| Dina Bass / Bloomberg: |
Microsoft has promoted Chief Product Officer Panos Panay to executive vice president role and has added him to its senior leadership team — Microsoft Corp. promoted Chief Product Officer Panos Panay to the role of executive vice president and added him to the senior leadership team …
More:
The Verge, Windows Central, Pocketnow, Neowin, OnMSFT.com, and ZDNet
Tweets: @tomwarren, @bdsams, and @davegershgorn
| Russell Brandom / The Verge: |
GAO: 19 of 24 US government agencies surveyed use facial recognition in some capacity; DoD and DHS both have in-house systems, while 4 had used Clearview AI — A new GAO report finds 19 agencies are using some form of the technology — A new report from the Government Accountability Office …
More:
Washington Post, U.S. Government …, Engadget, and FedScoop
Tweets: @drewharwell, @usgao, @iwillleavenow, @digiphile, and @ashk4n
| Alex Hern / The Guardian: |
UK government says it will move away from EU's GDPR after Brexit, including possibly ending cookie consent popups, and names John Edwards as preferred ICO head — Culture secretary says move could lead to an end to irritating cookie popups and consent requests online
Source:
GOV.UK. More:
TechCrunch, Telegraph, Telegraph, BetaNews, Sky News, BBC, GOV.UK, Daily Express, City A.M., and City A.M.
Tweets: @iconews, @garyandrews, @martinsfp, @dcms, @oliverdowden, @vmanancourt, @oliverdowden, @tgyateng, @jamesrbuk, and @harryyorke1
| Reuters: |
DOJ and SEC charged ex-HeadSpin CEO Manish Lachwani with allegedly defrauding investors out of $80M from 2018 to 2020 in an effort to boost HeadSpin's valuation — U.S. authorities on Wednesday charged a co-founder and former chief executive of HeadSpin with defrauding investors …
More:
U.S. Securities …, Crowdfund Insider, TechCrunch, San Jose Inside, Law360, Bloomberg Law, MarketWatch, San Francisco Business Journal, PYMNTS.com, and CRN
Tweets: @ilyasu, @corytv, @energycynic, @sf_sec, @jhong, @reuterslegal, @parismartineau, @jcoviedo6, @secgov, and @bgurley
| Insider: |
In an abrupt reversal, OnlyFans suspends its October 1 policy change banning porn after securing “assurances” and aims to provide “a home for all creators” — - OnlyFans is reversing its recent decision to ban porn. — It had planned to prohibit sexually explicit …
Source:
@onlyfans. More:
The Verge, Silicon Republic, Variety, Wired, Axios, Ars Technica, Coinspeaker, Firstpost Tech, NPR, Silicon Canals, Engadget, Bloomberg, CNBC, Washington Post, Reuters, The Times, Sky News, and BuzzFeed News
Tweets: @danprimack, @lessin, @onlyfans, @cainmarkoxxx, @remymeow, @jasonafexfa, @tomgara, @danprimack, @mikeisaac, @lenatheplug, @asteris, @goldman, @bimbomarxist, @acetrainerliam, @nycsouthpaw, @b_fung, @stokel, @caseynewton, @tirhakahlove, @cityofthetown, @ashleylatke, @evan_greer, @maxkennerly, @alex_abads, @marcusjdl, @robin__craig, @caleweissman, @jimwaterson, @swodinsky, @danprimack, @punzerdragoon, @thegoldengoddes, and @lomadia
| Anna Edgerton / Bloomberg: |
Study: lobbying dollars spent by US tech companies have increased with market concentration; the pattern is similar to pharmaceutical and oil & gas industries — - Pattern is similar to pharma and oil and gas industries — Study says antitrust laws should consider impact on democracy| Dan Taylor / Tech.eu: |
Berlin-based elopage, which offers tools for the creator economy and has 3M customers, raises €32M Series A led by Target Global and plans a UK expansion — For the first time since its inception in 2015, Berlin-based elopage has taken on external investment.
More:
FinSMEs, EU-Startups, Business Leader, and Silicon Canals
| Ron Amadeo / Ars Technica: |
A history of Google's messaging apps and how a lack of any kind of top-down messaging leadership has led to a decade and a half of failed messaging platforms — Sixteen years after the launch of Google Talk, Google messaging is still a mess. — Google Talk, Google's first-ever instant messaging platform … | Robert Hof / SiliconANGLE: |
Box reports Q2 revenue of $214.5M, up 12% YoY, vs. $211.7M est., and billings of $213M, up 13% YoY, ahead of investor vote on its strategy and management team — As Box Inc.'s battle to fend off an activist investor's demands for changes to the company, its earnings report today may provide …
More:
Box, Inc., Box, Inc., MarketWatch, ZDNet, and Barron's Online
Tweets: @quinnypig and @jeffnolan
| Brian Heater / TechCrunch: |
Alphabet's Wing nears 100K drone deliveries two years after Logan, Australia launch; the drones fly up to six miles and deliver items weighing up to 3 pounds — In a blog post this morning, Alphabet drone delivery company Wing announced that it is set to hit 100,000 customer deliveries over the weekend.| Natasha Lomas / TechCrunch: |
Copenhagen-based Leapwork, which offers no-code process automation tools for enterprise, raises $62M Series B led by KKR and Salesforce Ventures — Copenhagen-based process automation platform Leapwork has snagged Denmark's largest ever Series B funding round, announcing a $62 million raise co-led …
More:
Tech.eu, EU-Startups, and VentureBeat
| Eric J. Savitz / Barron's Online: |
Snowflake beats in Q2 with revenue of $272.2M, up 104% YoY, 4,990 total customers, up 60% YoY, and losses of $189.7M vs. $77.6M in Q2 2020 — Snowflake shares are gaining ground in late trading after the company posted better-than-expected growth for its fiscal second quarter ended July 31.
More:
Business Wire, SiliconANGLE, Snowflake, MarketWatch, ZDNet, and Bloomberg
| Janko Roettgers / Protocol: |
Regulatory docs show Facebook's Project Aria hardware is called Gemini, runs on customized Android, and uses the same camera sensor as the Oculus Quest 2 — It's been close to a year since Facebook first announced Project Aria, a research effort to test smart glasses with a small group of employees.| Jordan Novet / CNBC: |
Salesforce beats in Q2 with revenue of $6.34B, up 23% YoY, Platform and Other revenue of $1.88B, up 24% YoY, and Sales Cloud revenue of $1.48B, up 15% YoY — - Salesforce shares rose 3% in extended trading Wednesday after it reported fiscal second-quarter earnings.
More:
Business Wire, Investor's Business Daily, Barron's Online, MarketWatch, Wall Street Journal, Bloomberg, ZDNet, and Reuters. Tweets: @jrichlive
| Wall Street Journal: |
Sources: Western Digital is in advanced talks to merge with Kioxia, the chipmaker spun out of Toshiba in 2018, in a deal that could be valued at more than $20B — Stock deal could be finalized as early as the middle of September, according to people familiar with the matter
More:
Coinspeaker, Tom's Hardware, Yahoo Finance, Fortune, TechSpot, DealStreetAsia, MarketWatch, SiliconANGLE, Barron's Online, CRN, Bloomberg, CNBC, Benzinga, and Reuters
Tweets: @danacimilluca, @dylan522p, @snipetrades, and @ericjhonsa
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