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August 25, 2021, 10:30 PM
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| Lauren Feiner / CNBC: |
Following WH meeting, Google says it will spend $10B over 5 years and train 100K IT and data workers, Apple pledges supply chain security improvements, more — - The White House hosted a cybersecurity summit with CEOs in sectors ranging from tech to insurance.
More:
The Keyword, The White House, ZDNet, MacRumors, Engadget, 9to5Mac, Bloomberg, 9to5Google, iClarified, Business Wire, Protocol, iMore, Android Central, and NBC Bay Area
Tweets: @satyanadella, @patrickwardle, @markgurman, @sundarpichai, @rlove, @lutherlowe, @kent_walker, @camilleesq, @kifleswing, @thomasortk, 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
More:
Washington Post, The Hill, Wall Street Journal, The White House, AppleInsider, CyberScoop, CyberScoop, The Record, Gizmodo, CNN, Reuters, Fortune, CNET, Engadget, AppleInsider, Financial Times, and 9to5Mac
Tweets: @typemrt, @profkatejudge, @dnvolz, and @castrotech
| 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.]| 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:
Variety, The Verge, Axios, TechCrunch, Ars Technica, TechCrunch, Bloomberg, Wired, CNBC, Android Police, CNN, Insider, Reuters, Sky News, CoinDesk, BuzzFeed News, The Times, Gizmodo, Quartz, Politico, Wall Street Journal, Financial Times, The Independent, The Daily Beast, Protocol, The Wrap, VICE, and New York Times
Tweets: @danprimack, @lessin, @onlyfans, @cainmarkoxxx, @remymeow, @tomgara, @thegoldengoddes, @maxkennerly, @jimwaterson, @tirhakahlove, @lomadia, @danprimack, @asteris, @alex_abads, @goldman, @marcusjdl, @stokel, @cityofthetown, @nycsouthpaw, @caseynewton, @danprimack, @evan_greer, @caleweissman, @robin__craig, @lenatheplug, @bimbomarxist, @swodinsky, @mikeisaac, @b_fung, @punzerdragoon, @acetrainerliam, @jasonafexfa, and @ashleylatke
| Joan E. Solsman / CNET: |
YouTube says it has removed over 1M videos related to COVID misinfo since February 2020, and says it removes 10M videos a 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, Washington Post, TechCrunch, Social Media Today, Voice of America, Tech Xplore, Neowin, and PCMag
Tweets: @mhbergen, @noupside, @evelyndouek, @deemadigan, @asmadigames, @jaredlholt, @jmgrygiel, @katieharbath, @ceciliakang, @katie_roof, @jenn_elias, @arjanelfassed, @lanceulanoff, @youtubeinsider, @billyperrigo, @evelyndouek, @nealmohan, @brianstelter, @katieharbath, @katestarbird, @tarletong, and @viacristiano
| New York Times: |
Sources: Facebook has approached experts about forming an advisory body for how it handles global election matters, such as political ads, misinfo, and more — 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:
Engadget and The Verge
Tweets: @zaidjilani, @wolven, @davidakaye, @mr_berman, @mikeisaac, @muskrat__, @emilybell, @rmac18, @qorigins, @emilybell, and @reedgalen
| 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. Department of Justice, U.S. Securities …, TechCrunch, MarketWatch, PYMNTS.com, San Francisco Business Journal, Bloomberg Law, CRN, and Law360
Tweets: @ilyasu, @energycynic, @sf_sec, @secgov, @jcoviedo6, @corytv, @parismartineau, @jhong, @reuterslegal, and @bgurley
| 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 …
More:
Canalys.com, ZDNet, 9to5Mac, AppleInsider, iMore, equalocean.com, TechRepublic, Patently Apple, MacDailyNews, and Windows Central
| Amanda Silberling / TechCrunch: |
Facebook adds features to Messenger on its 10-year anniversary, including word effects, contact sharing, and birthday gifting via Facebook Pay — To celebrate its ten year anniversary, Messenger today announced a handful of new features: poll games, word effects, contact sharing, and birthday gifting via Facebook Pay.
Source:
About Facebook. More:
Messenger News, Engadget, Android Police, iPhone Hacks, Wccftech, PYMNTS.com, MacRumors, CNET, and The Mac Observer
Tweets: @mandrill and @nomedabarbarian
| Jay Peters / The Verge: |
Fitbit announces Charge 5 with a rounded design, a larger and brighter color AMOLED display, GPS, and more, arriving in the fall for $179.95 — It costs $179.95 and will be out this fall — Following a couple of big leaks, Fitbit is officially announcing the Charge 5 …
Source:
The Keyword. More:
Android Police, TechCrunch, The Keyword, Ars Technica, Pocketnow, MSPoweruser, phonearena.com, iPhone in Canada Blog, Softpedia News, AppleInsider, PCWorld, TechRadar, Pocket-lint, techadvisor.com, ZDNet, CNN, 9to5Google, and Engadget
| 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:
U.S. Government …, Washington Post, and FedScoop
Tweets: @drewharwell, @iwillleavenow, @ashk4n, @usgao, and @digiphile
| 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 … | The Markup: |
How Fannie and Freddie requiring mortgage lenders use its credit scoring algorithm leads to a disproportionately high number of Black applicants being rejected — These two people applied for loans in Chicago, Ill., in 2019. — They both earned $350K-$400K — and their debt level was healthy.
More:
Associated Press. Tweets: @lkirchner, @clarencehilljr, @rachelswarns, @keeangayamahtta, @minakimes, @polotek, @acidflask, @anteuzi, @amymtraub, @aurabogado, @mharrisperry, @bitinn, @watchdogdiva, and @polotek
| Brian Heater / TechCrunch: |
Meditation app Headspace unveils plans to merge with Ginger, an on-demand mental health service, in a deal valuing the combined company at $3B — Meditation app Headspace this morning announced plans to merge with on-demand mental health service, Ginger. Barring unforeseen regulatory roadblocks …
More:
Business Wire, Fast Company, Reuters, MedCity News, ZDNet, Bloomberg, and FierceHealthcare
Tweets: @daniel_kraft, @nmasc_, @dshaywitz, @headspace, @sammaule, @alicebmore, and @morgancheatham
| 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:
Fortune, Tom's Hardware, MarketWatch, DealStreetAsia, TechSpot, Yahoo Finance, Bloomberg, SiliconANGLE, Barron's Online, CRN, CNBC, Benzinga, and Reuters
Tweets: @dylan522p, @ericjhonsa, @danacimilluca, and @snipetrades
| 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 … | 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, MarketWatch, ZDNet, Bloomberg, and Snowflake
| Tech Transparency Project: |
Investigation finds underage users can easily evade age limits on ~80 apps on Apple's App Store, such as dating, sex, and gambling apps restricted to ages 17+ — Apple just announced new steps to flag child sex abuse images on iPhones. But a TTP investigation shows that Apple's App Store is rife with child safety problems.
More:
Campaign for Accountability, MacRumors, Irish Examiner, AppleInsider, and The Mac Observer
Tweets: @keleftheriou, @ttp_updates, @ttp_updates, @rsgnl, @ttp_updates, @alexhern, and @alexhern
| Bahk Eun-ji / The Korea Times: |
South Korea will abolish a decade-old law that stops kids under 16 from playing online games between 12AM and 6AM, after heavy criticism — The government has decided to abolish the game curfew for children, 10 years after the controversial rule was established, as the outdated law is not having …
More:
The Korea Herald, Kotaku, Engadget, PCMag, thegamer.com, Yonhap News Agency, and Slashdot. Tweets: @epro
| 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.| Mary Ann Azevedo / TechCrunch: |
Mexico City-based neobank Flink raises $57M Series B led by Lightspeed — Flink, a Mexico City-based neobroker, has raised $57 million in a Series B round of funding led by Lightspeed Venture Partners. — The financing comes just over six months after Flink raised $12 million in a Series A round led by Accel.
More:
Lightspeed Venture Partners and Entrepreneur
| Kurt Wagner / Bloomberg: |
Facebook's David Marcus says Novi digital wallet is “ready now”, but will wait for the Diem currency, and it is “definitely looking at” building NFT features — Social network is ‘definitely looking’ at digital assets as part of push into financial products, executive says
Source:
Bloomberg. More:
Bloomberg, Crypto Briefing, Bitcoin Magazine, Blockworks, The Block, Coinspeaker, Cointelegraph, Benzinga, cryptodaily.co.uk, Cryptonews, CoinDesk, and Insider
Tweets: @dbinkowski, @basche42, @kurtwagner8, @ldrogen, @ryan_browne_, and @newsynick
| 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.
More:
The Verge
| Matthew Ball / MatthewBall.vc: |
A deep look at why expanding into gaming is so important to Netflix, the competition it faces from games like Fortnite, and what its current strategy looks like — In 2018, I released the third entry in my “Netflix Misunderstandings” series: “Netflix Isn't Being Reckless, It's Just Playing a Game No One Else Dares.”
Tweets: @ballmatthew, @modestproposal1, @hurricap, @joannapopper, @tprstly, @lucas_shaw, and @ballmatthew
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