| Eric Slivka / MacRumors: |
Initial benchmarks show iPhone 13's A15 chip offers a roughly 15% improvement for GPU performance and 10%-18% improvement for CPU performance over A14 — Earlier today, we reported on a Geekbench Metal result for the iPhone 13 Pro showing an approximately 55% graphics performance improvement compared to the iPhone 12 Pro.| Jon Porter / The Verge: |
| Filipe Espósito / 9to5Mac: |
| Dylan Patel / SemiAnalysis: |
| David McLaughlin / Bloomberg: |
FTC says Alphabet, Amazon, Apple, Facebook, and Microsoft made 819 unreported acquisition deals of $1M+, including for patents and acquihires, from 2010 to 2019 — - Report shows hundreds of deals by tech giants went unchecked — Antitrust enforcers must close loopholes, FTC Chair Khan says| Maggie Miller / The Hill: |
FTC asks health apps, such as those tracking fitness or menstrual cycles, to notify consumers of data breaches as per the 2009 Health Breach Notification Rule — The Federal Trade Commission (FTC) voted 3-2 Wednesday that a decade-old rule on health data breaches applies to apps … | Katie Roof / Bloomberg: |
Discord raises $500M led by Dragoneer, Fidelity, and others, source says at a ~$15B post-money valuation, more than double its valuation from last year — - Discord raised $500 million, led by Dragoneer Investment Group — Startup turned down $12 billion offer from Microsoft| Ash Parrish / The Verge: |
After being sued by the state of California, Activision Blizzard is sued by a group representing employees, alleging it tried to prevent them from organizing — Organized by CODE-CWA, the suit claims Activision Blizzard engaged in coercive and intimidating behavior| Richard Lawler / The Verge: |
Alphabet's Project Taara, which uses light beams to deliver internet, says it transmitted nearly 700TB of data across the Congo River over 20 days — The 20Gbps Free Space Optical Communications tech for Project Taara was originally part of Project Loon — In January, Google's parent company … | Ryan Weeks / The Block: |
NFT marketplace OpenSea acknowledges that its head of product, Nate Chastain, purchased NFTs he knew were going to be displayed prominently — Quick Take — The marketplace has acknowledged that its head of product Nate Chastain purchased NFTs that he knew were going to be displayed prominently.| Sarah McBride / Bloomberg: |
Brooklyn-based Genius, a music-annotating startup that provides context for rap lyrics, has sold its assets for $80M, less than the total funding it raised — The sale price is less than the total funding raised. — Music-annotating startup Genius Media Group Inc., a site that drew attention … | Bloomberg: |
Sources: China's crypto mining crackdown has expanded to focus on colleges, research institutions, and data centers, as fears over its winter power supply grow — - Governments are checking for illegal mining in labs, colleges — Power-shortage concerns among reasons behind inspections| Hugh Son / CNBC: |
Goldman Sachs is acquiring buy now, pay later fintech GreenSky for about $2.24B, in an all-stock deal — - Goldman Sachs is acquiring fintech lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance. — The all-stock deal for GreenSky … | Ishika Mookerjee / Bloomberg: |
As China expands its crackdown, Tencent loses its place among the world's 10 largest companies by market value, leaving no Chinese companies on the list — - Firm's value has shrunk $388 billion amid tech crackdown — Chinese stocks drop off league table for first time since 2017| Bloomberg: |
Engineering and consultancy firm Thoughtworks close up nearly 40% in its Nasdaq debut, valuing the company at ~$9B, after raising roughly $773M in its IPO — - Tech consulting firm's CEO ‘constant change’ for two decades — On, Dutch Bros, Definitive Healthcare all climb in debuts| Wenxin Fan / Wall Street Journal: |
China's biggest movie star, Zhao Wei, who had 86M Weibo followers, was erased from China's internet on August 26, amid a clampdown on its entertainment industry — Zhao Wei was the Reese Witherspoon of China, then she was censored by the Communist Party amid a clampdown of the country's entertainment industry| Romain Dillet / TechCrunch: |
French startup Skello, which develops a SaaS tool that lets companies manage their work schedules, raises €40M led by Partech — French startup Skello has raised a $47.3 million funding round (€40 million). The company has been working on a software-as-a-service tool that lets you manage the work schedule of your company.| Manish Singh / TechCrunch: |
Apna, whose networking app lets blue collar workers upskill and find jobs, raises $100M Series C led by Tiger Global, becoming India's youngest unicorn — A 22-month old startup that is helping millions of blue- and gray-collar workers in India learn new skills and find jobs has become … | Patrick Howell O'Neill / MIT Technology Review: |
Sources: US firm Accuvant, now part of Optiv, sold iPhone hacking tool Karma to the UAE for $1.3M in 2016; the tool has been used against hundreds of targets — An American cybersecurity company was behind a 2016 iPhone hack sold to a group of mercenaries and used by the United Arab Emirates.| Andrew Fedorov / Input: |
A look at CouchSurfing.com, which is now headed by Palantir alum Patrick Dugan, as it abandoned its always-free ethos at the start of the pandemic — Back in spring 2011 — the end of black truffle season, before the climbing roses bloomed — the Couchsurfers gathered at the Palazzo Massarucci … | Makena Kelly / The Verge: |
Senator Markey and Reps. Castor and Trahan wrote to Facebook calling on it to abandon its plans to launch an Instagram app for kids in light of WSJ's report — Democrats call on the company to abandon Instagram for kids — Two top lawmakers on the Senate Commerce Committee's panel … | Melissa Repko / CNBC: |
Deutsche Bank survey: Walmart+, Walmart's Amazon Prime rival, has grown to ~32M US subscribers since its 2020 launch, and ~86% of them have Amazon Prime also — - Walmart+ has hit an “inflection point” and is growing its membership at a faster clip, according to a new research note from Deutsche Bank.
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