| Financial Times: |
Sources: Meta plans to let users create and sell NFTs on Facebook and Instagram, display NFTs on user profiles, and is considering an NFT marketplace — Facebook's parent draws up plans to allow users to create and sell non-fungible tokens, seeking to enter hype-fuelled $40bn market| Alex Heath / The Verge: |
Sources: Google's AR headset could launch in 2024, powered by a custom processor, resembling ski goggles, and no need for an external power connection — Meta may be the loudest company building AR and VR hardware. Microsoft has HoloLens. Apple is working on something, too. But don't count out Google.| Salvador Rodriguez / Wall Street Journal: |
Twitter will let iOS users of its Blue subscription service use NFTs as their profile pictures — Service will be available to some users of the company's Blue subscriber service — Twitter Inc. will start allowing some users to use nonfungible tokens as their profile pictures … | Lorenzo Franceschi-Bicchierai / VICE: |
Several services that rely on OpenSea's APIs, including Twitter and MetaMask, are having trouble displaying NFTs as the marketplace suffers a “database outage” — A Thursday outage interfered with the ability of MetaMask, which depends on OpenSea, to automatically display new NFTs.| Andrew Asmakov / Decrypt: |
Crypto.com says its breach affected 483 users, resulting in unauthorized cryptocurrencies withdrawals worth ~$33.84M, and all users were reimbursed the same day — Cryptocurrency exchange Crypto.com has lost roughly $34 million in a recent security incident, according to a post-mortem released on Thursday.| Kurt Schlosser / GeekWire: |
Amazon Style, the company's first physical fashion store, will launch in LA later this year, with an app that lets shoppers send items to the fitting room — Move over books and groceries, Amazon's latest foray into physical retail is focused on fashion. — The e-commerce giant announced Thursday … | Ryne Hager / Android Police: |
Google launches a limited beta of Google Play Games for PC, which brings Android games to Windows 10 and Windows 11, in Hong Kong, South Korea, and Taiwan — You'll need a relatively powerful computer for now. And for once, the US isn't getting a Google thing first| Mack DeGeurin / Gizmodo: |
This summer the IRS will require users to log in via ID.me, which uses facial recognition in its authentication process, to file taxes, make payments, and more — You will have to submit sensitive government documents, your Social Security number, credit history, and a face scan to ID.me, a third-party company.| Miles Kruppa / Financial Times: |
Sources: by March, a16z plans to raise $3.5B for its latest cryptocurrency fund and up to $1B for a fund focused on seed investments in digital asset startups — Planned fundraising illustrates how Silicon Valley firms are fuelling boom in cryptocurrency start-ups| Reuters: |
Russia's central bank proposes banning cryptocurrency use and mining, citing threats to financial stability, citizens' wellbeing, and monetary sovereignty — Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory … | Lydia Moynihan / New York Post: |
Sources: TikTok ousted its marketing chief Nick Tran for “going rogue” with plans like TikTok Kitchen, NFTs by Lil Nas X and others, and TikTok Resumes — TikTok's marketing chief has been ousted after blindsiding top management with a series of increasingly bizarre campaigns, The Post has learned.| Mahira Dayal / The Information: |
| Sarah Perez / TechCrunch: |
| Eric Newcomer / Newcomer: |
Profile of Hemant Taneja, who became the sole managing partner of General Catalyst in 2021, as the firm raises a seed, venture, and growth fund totaling $4.6B — General Catalyst's idealist investor Hemant Taneja is quietly running the firm — Hemant Taneja somehow finds time to be an idealist and an operator.| Sean Lyngaas / CNN: |
Red Cross says a cyberattack on a vendor for over 60 Red Cross and Red Crescent societies compromised the personal data of 515,000+ “highly vulnerable people” — (CNN)A cyberattack on a contractor used by the International Committee of the Red Cross (ICRC) has compromised … | Florian Mueller / FOSS Patents: |
| Kim Lyons / The Verge: |
Meta launches gamified activities on Messenger Kids to help kids learn how to safely use the internet, developed with guidance from online safety experts — Meta (formerly Facebook) knows it has to attract younger users — Facebook parent company Meta has launched new activities … | Lauren Feiner / CNBC: |
The Senate Judiciary votes 16-6 to advance the American Innovation and Choice Online Act, which would stop platforms from favoring their products over rivals' — The Senate Judiciary Committee voted 16-6 Thursday to advance a major tech competition bill, which some experts consider lawmakers' best shot … | Mark Mulligan / MIDiA Research: |
Research: global music subscribers hit 523.9M in Q2 2021, up 26.4% YoY; Spotify had 31% market share; Apple Music, 15%; Amazon Music, 13%, and YouTube Music, 8% — MIDiA's annual music subscriber market shares report is now available here (see below for more details of the report).| Wall Street Journal: |
Sources: in recent weeks, CEO Bobby Kotick suggested Activision Blizzard make an acquisition, including of trade publications like Kotaku and PC Gamer — After a lawsuit and a Journal report, the company's stock was falling, board members were getting anxious—and the tech giant was ready to take a gamble| Reuters: |
Sources: ByteDance revenue grew by 70% YoY to around $58B in 2021, slower than a year earlier when its revenue grew by 100%+ to $34.3B — TikTok owner ByteDance saw its total revenue grow by 70% year on year to around $58 billion in 2021, according to two people familiar with the matter … | Nico Grant / Bloomberg: |
Current and former members of Google's site reliability group Borg SRE say managers, including the team's leader Pierre Aubert, fostered a toxic environment — When Chewy Shaw left Google's site reliability group in April, he told colleagues in a memo that interactions with his managers had made him depressed and suicidal.| John Paczkowski / BuzzFeed News: |
Apple names longtime company spokesperson Kristin Huguet as VP of worldwide communications, replacing Stella Low, who is leaving after less than a year — Apple has tapped a new head of PR: longtime company spokesperson Kristin Huguet. She'll replace Stella Low, former communications chief … | Mike Wheatley / SiliconANGLE: |
Atom Computing, which aims to build a quantum computer based on neutral atom tech that uses lasers to manipulate individual qubits, raises a $60M Series B — Investors keep throwing money at the quantum computing market, and this time around it's Atom Computing Inc.'s turn.| Mike Butcher / TechCrunch: |
Vienna-based PlanRadar, which digitizes construction and real estate documents and communication, raises a $70M Series B — Back in March Vienna-based PlanRadar snapped up a €30 million Series A to digitize construction and real estate. The Austrian startup - a platform for documentation … | Mark Bergen / Bloomberg: |
Internal email: Google is creating a unit under its Labs division for blockchain and other distributed tech, led by engineering VP Shivakumar Venkataraman — Google is forming a group dedicated to the blockchain and related technologies under a newly appointed executive who has spent … | Kate Park / TechCrunch: |
South Korea's Greenlabs, which wants to digitize the entire value chain of agriculture space from crop production to distribution, raises a $140M Series C — Greenlabs, a South Korean agtech startup, announced this week it has closed a $140 million Series C led by BlueRun Ventures … | Kirsten Korosec / TechCrunch: |
Mercedes-Benz will use Luminar's lidar tech in future vehicles as part of a deal that includes data sharing and the automaker taking a small stake in Luminar — Mercedes-Benz said Thursday it plans to use Luminar's lidar technology in future vehicles as part of a broader deal … | Abner Li / 9to5Google: |
Google says it will transition organizations using G Suite legacy free edition to an upgraded Google Workspace paid subscription starting on July 1 — In 2020, G Suite became Google Workspace as part of a mass reorganization of the company's apps for the “future of work.”
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| Lucas Matney / TechCrunch: |
| Dustin Volz / Wall Street Journal: |