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March 25, 2022, 12:05 PM
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| Samuel Stolton / Politico: |
EU lawmakers provisionally agree on the DMA, which mandates messaging service interoperability, limits bundling services, prohibits self-preferencing, and more — The European Union today adopted landmark rules clamping down on anti-competitive abuses by the world's largest technology platforms …
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European Parliament, TechCrunch, The Verge, New York Times, The Verge, Politico, Reuters, BBC, European Council, European Commission, CNN, ZDNet, Computerworld, Financial Times, Thurrott, 9to5Mac, Euractiv, Big Technology, Tech Monitor, Silicon Republic, Associated Press, AppleInsider, The Register, PYMNTS.com, Android Police, Android Central, Wall Street Journal, TechRadar, XDA Developers, cybernews.com, iPhone Hacks, iThinkDifferent, Apple Must, CNBC, The Diff, Gerick News, Light Reading, Gamereactor UK, Benzinga, CoinDesk, Macworld, European Parliament, Reuters, Variety, TechCircle, iMore, Transistori, Phandroid, KD's Newsletter, Protocol, Axios, SiliconANGLE, Engadget, France 24, Social Media Today, The Hill, Reuters, and AppleInsider
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| Daniel Michaels / Wall Street Journal: |
The EU and US reach a preliminary pact to store data about Europeans on US soil, but reveal few details, after the EU declared the previous pact illegal in 2020 — Agreement could assuage concerns of companies with operations on both sides of the Atlantic — BRUSSELS—The U.S …
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Silicon Republic, noyb.eu, CNN, The White House, Engadget, Protocol, CNBC, Politico, Axios, TechCrunch, Bloomberg, The Hill, and CSO
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| Russell Brandom / The Verge: |
An ex-employee alleges Microsoft spends about $200M+/year on bribes and kickbacks via its foreign contracts business; Microsoft says the claims were addressed — In 2016, Yasser Elabd noticed a $40,000 payment to a client in Africa that didn't smell right.| Bloomberg: |
Instacart says it has voluntarily cut its valuation to ~$24B to boost recruiting and retention; Instacart was valued at $39B during its latest raise last March — Instacart Inc. is slashing its valuation by almost 40% to about $24 billion, a move it says will help the company attract talent and adapt to market conditions.
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TechCrunch, Benzinga, New York Times, PYMNTS.com, and The Information
| Kellen Browning / New York Times: |
Netflix acquires Boss Fight Entertainment, a mobile game developer with 130 employees, its third studio purchase since sharing its gaming ambitions last summer — The acquisition is the company's third since it announced plans to move into video games last summer.| Adi Robertson / The Verge: |
The DOJ arrests and charges two men with wire fraud and money laundering over an alleged $1.1M NFT rug pull scheme for their collection of 8,888 “Frosties” — They'd already announced a follow-up series — US government prosecutors have charged two men with fraud and money laundering … | New York Times: |
The DOJ charges four Russian officials for alleged hacking campaigns from 2012 to 2018 on critical US infrastructure, including a Kansas nuclear power plant — The announcement covered hackings from 2012 to 2018, but served as yet another warning from the Biden administration of Russia's ability to conduct such operations.
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CISA, Metacurity, Politico, Security Affairs, Federal Bureau …, USA Today, BBC, CNN, The Register, Agence France-Presse, Reuters, iTnews, Washington Post, Wired, New York Post, Engadget, Financial Times, The Hill, The Record, Newser, BleepingComputer, ChinaTechNews.com, and Bloomberg
Tweets: @cisagov, @robertmlee, @thejusticedept, @cliffordlevy, and @kimzetter
| David Gilbert / VICE: |
A look at Lantern, a company backed by the US' Open Technology Fund that has spent the last two years building a peer-to-peer network to bypass Russian censors — Backed with funding from the U.S. government's Open Technology Fund, Lantern has spent two years building a peer-to-peer network inside Russia.
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Slashdot. Tweets: @profwoodward, @davidberginb, @daithaigilbert, @vicenews, @tonyajoriley, @accessnow, @thegregwalters, @martymanley, @boba_tea_catan, and @sbuehler
| Mike Peterson / AppleInsider: |
Filing: Apple argues that Epic lost the Epic Games v. Apple trial because it failed to prove wrongdoing and not because of any legal errors on the judge's part — In a new brief, Apple declares that Epic Games lost the Epic v. Apple trial because it failed to prove wrongdoing — and not because of any legal errors on the judge's part.
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9to5Mac, iMore, MacRumors, GamesIndustry.biz, CNET, Wall Street Journal, Wccftech, WRAL TechWire, MacDailyNews, PhoneArena, Bloomberg, and Axios. Tweets: @timsweeneyepic
| Alex Wilhelm / TechCrunch: |
Firstbase, which helps companies ensure new remote hires choose and receive necessary hardware, raises a $50M Series B led by Kleiner Perkins — Bias alert: I am writing to you from my home office — Firstbase announced a Series B round of funding today, led by Kleiner Perkins.
Tweets: @alex
| Juro Osawa / The Information: |
Sources: Sequoia China, whose portfolio includes ByteDance and online fashion startup Shein, is in early talks to raise $8B+ across four new funds — The Chinese affiliate of Sequoia Capital, whose vast portfolio includes TikTok owner ByteDance and online fashion startup Shein …
Tweets: @thedragonfeeder, @juroosawa, and @vc
| John Reynolds / AltFi: |
London-based Causal, which makes spreadsheet software that can connect with live data sources, raises a $20M Series A co-led by Coatue and Accel — The Series A funding round in Causal was led by Coatue, the investment management firm and Accel, the venture capital outfit …
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