| Bloomberg: |
Source: Apple's upcoming Watch is suffering production snags as manufacturers adjust to a new design, likely leading to supply constraints or shipment delays — - Revamped device has a larger screen and other new features — Wearables category has been one of fastest-growing for Apple| Zoe Schiffer / The Verge: |
Apple bars staff from making a Slack channel about pay equity; Apple says it is because the channel is not work related, despite others on pets and jokes — The company's rules around Slack usage are not being evenly enforced — Apple has barred employees from creating a Slack channel to discuss pay equity.| New York Times: |
Investigation shows Accenture is Facebook's biggest content moderation partner, employing over a third of its moderators, with annual contracts exceeding $500M — The social network has constructed a vast infrastructure to keep toxic material off its platform. At the center of it is Accenture, the blue-chip consulting firm.| Garett Sloane / Ad Age: |
LinkedIn is abandoning its Stories format at the end of September and has told advertisers to adjust their ad campaigns accordingly — Brands will have to adjust ad campaigns when video format leaves the platform after September — LinkedIn is telling advertisers to prepare for the end … | Jon Brodkin / Ars Technica: |
More than 135 subreddits have gone private in protest of Reddit's refusal to ban communities that spread misinformation about the COVID-19 pandemic and vaccines — PokemonGo, Futurology among big subreddits going private until Reddit takes action. — Over 135 subreddits have gone dark … | Cheng Ting-Fang / Nikkei Asia: |
Sources: Google is developing Arm-based chips for laptops and tablets that run on Chrome OS, set to launch around 2023 — US software giant ramps up hiring blitz for semiconductor and hardware ambitions — TAIPEI — Google is developing its own central processors for its notebook and tablet computers … | Daisuke Wakabayashi / New York Times: |
Sundar Pichai informs Google employees that plans to return to offices are being pushed back again, from October to January 10 — Google is pushing back its return-to-office date by three months, to Jan. 10, in a decision that reflects the spread of the highly contagious Delta variant of the coronavirus.| Bloomberg: |
Sources: Intuit is in talks to buy Mailchimp for more than $10B; Mailchimp has also considered offering a minority stake and another buyer could still emerge — Intuit Inc., the software company that owns TurboTax, is in talks to buy email marketing startup Mailchimp for more than $10 billion … | Jon Porter / The Verge: |
Telegram releases an update that removes the cap on live stream viewers, from 1,000 to unlimited, introduces more options for forwarding messages, and more — Along with more forwarding options — Telegram, the messaging app that's becoming more and more like a fully-fledged social media network … | The Tutanota Blog: |
Australia passes bill that lets police hack user devices to modify, collect, or delete data and take over social media accounts without a judge's warrant — The Microsoft database hack shows that data stored in the cloud must always be encrypted end-to-end.| Financial Times: |
SEC's Gary Gensler says crypto trading platforms need to work with regulators to survive, as most trading happens with “really sparse” investor protections — Gary Gensler warns $2tn industry is too big to exist outside of ‘public policy framework’| John Gruber / Daring Fireball: |
| Jiyoung Sohn / Wall Street Journal: |
| Bloomberg: |
Sources: Didi is helping workers establish their first union, likely including drivers, as China imposes rules to curb excessive work — - Its first-ever workers union came after Supreme Court's notice — Meituan is among peers considering labor rights issues| Jeffrey Dastin / Reuters: |
Andy Jassy says Amazon plans to hire over 55,000 corporate employees globally, including over 40,000 in the US, a 20% increase in tech and corporate staff — Amazon.com Inc (AMZN.O) is planning to hire 55,000 people for corporate and technology roles globally in the coming months, Chief Executive Andy Jassy told Reuters.| Mark Scott / Politico: |
Facebook says it accidentally removed thousands of posts around the Jan. 6 riots from CrowdTangle, blaming a now-fixed error that has existed since at least May — The social media company said it was a technical error, and has been fixed, but tens of thousands of posts are still missing.| Olga Kharif / Bloomberg: |
Playtika, which makes free-to-play casino games such as Bingo Blitz, is buying 80% of Finland's Reworks Oy, maker of a home decorating game, for $400M in cash — - Finland's Reworks marks the company's biggest purchase to date — Mobile gamemaker still has $1.4 billion more for acquisitions| Mike Butcher / TechCrunch: |
Vic.ai, which offers AI-powered tools that it says can automate accounting tasks, raises $50M Series B led by Iconiq Growth, bringing total raised to $63M — Vic.ai, a startup that has built an AI-based platform it claims can ‘automate’ enterprise accounting, has raised a $50M Series B round led … | TechCrunch: |
Roundup of 180+ companies that launched at YC's Summer 2021 Demo Day 1, including food delivery, investment, edtech, AI, and payment startups — Today Y Combinator kicked off the Demo Day cycle for its Summer 2021 cohort. The collection of early-stage startups on day one-of-two alone numbered … | Scott Chipolina / Decrypt: |
El Salvador's plan to make Bitcoin legal tender has been unpopular, with protests over concerns of money laundering, forcing trade in BTC, unconstitutionality — El Salvador will soon accept Bitcoin as legal tender, but not everybody shares the President's enthusiasm as citizens took to the streets this week.| Stephanie Condon / ZDNet: |
CrowdStrike beats in Q2 with revenue of $337.7M, up 70% YoY; ARR rose 70% YoY to $1.34B, subscription revenue was $315.8M, up 71% YoY, net new subs grew 81% YoY — Subscription revenue was up 71% while the cybersecurity company saw its total number of subscription customers grow by 81%| Rebecca Bellan / TechCrunch: |
Kevala, which provides cloud-based data analytics software for managing energy grid infrastructure, raises $21M Series A led by C5 Capital and Thin Line Capital — Kevala, the startup that collects and analyzes energy grid infrastructure data for utility companies, renewable energy providers … | Christine Hall / TechCrunch: |
Israeli startup PayEm, which offers accounting tools for businesses to manage invoices, bills, and more, comes out of stealth with $20M Series A and $7M seed — Itamar Jobani was a software developer working for a medical company and “hated that time of the month” when he had to use the company's chosen reimbursement tool.| Julie Zhu / Reuters: |
Sources: Chinese state-backed firms are set to take an 80%+ stake in Ant Group's credit scoring joint venture, potentially gaining access to data of 1B+ users — State-backed firms are set to take a sizeable stake in a key Ant Group asset for the first time, three people told Reuters …
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| Ash Parrish / The Verge: |
| Alex Weprin / The Hollywood Reporter: |
| Sara Fischer / Axios: |