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April 7, 2022, 11:00 AM
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| Hannah Murphy / Financial Times: |
Sources: Meta has drawn up plans to add “social tokens”, lending services, and a non-blockchain virtual currency that employees dubbed “Zuck Bucks” to its apps — Meta has drawn up plans to introduce virtual coins, tokens and lending services to its apps …
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The Verge, Protocol, Input, Engadget, Gizmodo, TNW, The Guardian, Fortune, Finextra, Insider, Silicon Republic, Decrypt, Reuters, ExchangeWire.com, KnowTechie, Crypto Briefing, Cryptopolitan, Ethereum World News, TechCircle, Mashable, CoinGape, Cryptonews, Coinspeaker, City A.M., TechRadar, Cointelegraph, Winvesta Crisps, The Context, Micky, PYMNTS.com, TheStreet, CoinDesk, Telegraph, and Social Media Today
| Paul Vigna / Wall Street Journal: |
One-click checkout service Bolt acquires crypto payments startup Wyre, sources say for around $1.5B — Deal extends crypto's hot M&A market following record deal activity in 2021 — Bolt Financial Inc., a payments-focused financial technology company, is acquiring crypto-services startup …
More:
CoinDesk, PR Newswire, Finextra, The Block, Bloomberg, Cointelegraph, Coinspeaker, Crypto Executive Guide, and Reuters
Tweets: @brunoswerneck, @henrylmcnamara, @bolt, @pt, @timigod, @bigbrutha_, @carnage4life, and @mayazi
| Manish Singh / TechCrunch: |
Coinbase adds support for the popular UPI payment method in India, making the cryptocurrency exchange functional in the country for the first time — Coinbase is adding support for the popular UPI payment instrument in India, making its eponymous cryptocurrency exchange functional …
More:
The Coinbase Blog, CoinDesk, The Economic Times, CoinGape, Micky, Coinspeaker, Bloomberg, CoinDesk, and Inc42 Media
| Andrew Hayward / Decrypt: |
OpenSea adds Solana NFT trading support in beta; a marketplace search shows 865K NFTs minted on Solana — At long last, Solana support is finally live on OpenSea—in beta mode. — In brief — Solana NFTs have been added to OpenSea, the largest overall NFT marketplace.
More:
OpenSea, Cryptopolitan, Cryptonews, and The Block
Tweets: @opensea, @infinatecrypto, @opensea, and @loopifyyy
| Alyse Stanley / Washington Post: |
Epic Games and Lego form a long-term partnership to “shape the future of the metaverse” by building a safe place for children to play but offer few details — Epic Games has already outlined ambitious plans for the metaverse and Thursday the “Fortnite” maker announced it intends to build part of it with Legos.
More:
Epic Games, Forbes, Bloomberg, Game Developer, The Verge, VentureBeat, Axios, Rock, Paper, Shotgun, TheGamer, Variety, Digital Trends, Kotaku, Polygon, Pocket-lint, GameSpot, Video Games Chronicle, and Gamereactor UK
Tweets: @epicnewsroom, @raffers, and @lego_group
| Nitasha Tiku / Washington Post: |
How Gwyneth Paltrow, Mila Kunis, and others are pushing women to invest in NFTs, which critics see as a form of self-serving feminism centered on white women — Gwyneth Paltrow and Mila Kunis joined a Zoom in January to encourage 5,000 women in the audience to break into the male-dominated world of crypto.
More:
Side Chat With Stephanie. Tweets: @heatherkelly, @nitashatiku, @cryptostacys, @sm, @katienotopoulos, @laurawags, @adriyoung, @sarahnemerson, @laurawags, and @helenbrosnan
| Song Jung-a / Financial Times: |
Samsung expects Q1 operating profit to rise 50% YoY to $11.6B, the highest since 2018, and revenue to rise 18% YoY to $63B on strong smartphone and chip sales — South Korean group's strong sales undercut by performance concerns against rivals Apple and TSMC| Naomi Nix / Washington Post: |
Meta disrupts several covert influence operations against Ukraine by Belarus- and Russia-linked actors, including attempts to hack Ukrainian military personnel — Facebook said Thursday it disrupted several covert influence operations targeting Ukrainians, as the company has intensified …
More:
CNN, Meta, Bloomberg, Associated Press, CNET, Engadget, The Verge, CBS News, and New York Times
Tweets: @andymstone, @albertonardelli, @benimmo, @corintxt, @nicolesganga, @andymstone, @jeffstone500, and @kateconger
| Jacquelyn Melinek / TechCrunch: |
Blockchain audit service CertiK raises an $88M Series B3 led by Insight, Tiger Global and Advent at a $2B valuation, bringing its total funding to $230M — CertiK, a Web3 and blockchain security company, has raised $88 million in its latest round, bringing its valuation to $2 billion.| Abner Li / 9to5Google: |
Google announces “multisearch” for Lens, letting users ask questions about photos and screenshots, available in beta in the US on iOS and Android — One of the most interesting announcements at Google's Search-focused keynote in September was a big upgrade to Lens that lets you take a photo and ask questions about it.
More:
TechCrunch, Android Police, PCMag, Search Engine Land, CNN, The Verge, Engadget, Gizmodo, The Keyword, Android Central, and Mashable
| Sarah Perez / TechCrunch: |
Google plans to hide and block Play Store apps that don't target an Android API within two years of the latest major Android release, starting on November 1 — Google is preparing to clear its Play Store of outdated apps. The company warned Android app developers that starting on November 1 …
More:
Thurrott, Android Police, Engadget, Android Developers Blog, Android Headlines, The Verge, The Register, MSPoweruser, TechCircle, Android Central, Wccftech, MediaNama, SamMobile, 9to5Google, CNET, International Business Times, SlashGear, The Economic Times, and Phandroid
Tweets: @mishaalrahman, @tychotithonus, @campuscodi, @googleplaybiz, @artemr, @alexhern, @mishaalrahman, and @mishaalrahman
| Ingrid Lunden / TechCrunch: |
Berlin-based consumer electronics rental service Grover raises a $110M Series C in equity led by Energy Impact Partners and $220M in debt at a $1B+ valuation — A growing number of people are looking for ways to live more sustainably amid increasing concerns over the environment and what we humans keep doing to pollute it.
More:
Bloomberg, Forbes, AltFi, PYMNTS.com, Sifted, EU-Startups, Silicon Canals, Tech.eu, and Crunchbase News
| Jonathan Stempel / Reuters: |
Berkshire Hathaway discloses that it has purchased ~121M shares of HP Inc, worth ~$4.2B, for an 11.4% stake; HP's stock rises 11%+ — Berkshire Hathaway Inc (BRKa.N) disclosed on Wednesday that it has purchased nearly 121 million shares of HP Inc (HPQ.N), the latest in a series of large investments …
More:
Finbold, The Register, Protocol, CNBC, Yahoo Finance, Benzinga, Seeking Alpha, Bloomberg, Angeline's Thoughts, and Financial Times
Tweets: @stevekovach, @kendallbaker, @tuviae, @jyarow, @mgsiegler, and @jordannovet
| Ingrid Lunden / TechCrunch: |
Nord Security, the Lithuania-based startup behind NordVPN, raises $100M, its first ever funding, at a $1.6B valuation led by Novator Ventures — VPN usage has surged in the last several years, with growing concerns over data privacy and security — and sometimes completely different motivations …
More:
SecurityWeek, EU-Startups, The Economic Times, ArcticStartup, Silicon Canals, cybernews.com, SiliconANGLE, CNBC, and Tech.eu
| Krystal Hu / Reuters: |
Fetch Rewards, which offers rewards to customers who submit receipts of purchases from 600+ partners, raises $240M led by Hamilton Lane at a $2.5B valuation — Fetch Rewards, a shopping rewards app backed by SoftBank Group Group's (9984.T) Vision Fund 2, has raised $240 million in a funding round …
| Wall Street Journal: |
Sources: the SEC is investigating how Amazon disclosed its use of third-party seller data for its business; source: the probe has been under way for over a year — Tech giant's use of third-party sellers' data is a focus of regulator's probe, a person familiar with the matter says| Coco Liu / Bloomberg: |
JD's Richard Liu steps down as CEO, joining other Chinese tech tycoons who have exited top roles amid China's tech crackdown; President Xu Lei will take over — JD.com Inc.'s billionaire founder Richard Liu has stepped down as chief executive officer of China's No. 2 online retailer …
Source:
JD.Com, Inc.. More:
South China Morning Post, CNN, CNBC, Tech in Asia, Asia Financial, Pandaily, Forbes, and TechNode
| Wall Street Journal: |
Sources: online fast fashion retailer Shein raised between $1B and $2B in a round closed last week, valuing it at $100B; Shein was valued at ~$15B in 2020 — China-based fast-fashion seller now worth more than H&M and Zara combined — Fast-fashion retailer Shein was valued at $100 billion …
More:
Bloomberg, Axios, Bloomberg, Morning Brew, PingWest, The Times, and Crunchbase News
Tweets: @jchengwsj and @jchengwsj
| New York Times: |
Biden appears to show support for Amazon workers who unionized in Staten Island, saying in a speech: “By the way, Amazon, here we come. Watch” — “By the way, Amazon, here we come. Watch,” the president said. But the White House quickly said his remarks did not mean the government would get formally involved.
More:
Washington Post, Reuters, HuffPost, CNN, and CNBC
| Rebecca Torrence / Fierce Healthcare: |
IntelyCare, whose app matches nurses with open shifts at post-acute care settings, raises a $115M Series C at a $1.1B valuation led by Janus Henderson Investors — Nurse staffing platform IntelyCare is now valued at $1.1 billion after landing $115 million in series C funding.
More:
hitconsultant.net, FinSMEs, MobiHealthNews, and PitchBook
| Audrey An / The Keyword: |
Google will roll out Privacy Guide, a guided tour of privacy and security settings in Chrome, to all desktop users on version 100 or above in the coming weeks — Product Manager, Chrome at Google Safety Engineering Center Munich — Your browser plays a big role in your online experience — including protecting your privacy.
More:
BetaNews, Neowin, Thurrott, 9to5Google, The Verge, iPhone in Canada Blog, Tom's Guide, Liliputing, XDA Developers, TechRadar, Android Police, Droid Life, SlashGear, and Android Central
Tweets: @liliputingnews and @mattbrittin
| Zack Whittaker / TechCrunch: |
In a court-authorized March operation, the FBI cut off the servers of the Cyclops Blink botnet, tied to Russia's Sandworm, from Asus and WatchGuard routers — The Federal Bureau of Investigation has disclosed it carried out an operation in March to target a massive botnet controlled by Russian intelligence.
Source:
U.S. Department of Justice and Slashdot. More:
New York Times, Ars Technica, Engadget, Security Affairs, BleepingComputer, East-West Digital News, techsearch.watchguard.com, Fossbytes, Gizmodo, Help Net Security, TechRadar, The Hacker News, The Register, Dark Reading, Reuters, and PCMag
Tweets: @malwaretechblog, @b_judah, @ericgarland, @zackwhittaker, @zackwhittaker, @profwoodward, @zackwhittaker, and @campuscodi
| Washington Post: |
Apple restores the “Smart Voting” app run by Kremlin critic Alexei Navalny's supporters in Russia; Apple removed the app after the Kremlin threatened its execs — Apple has resumed allowing Russians to download an app run by supporters of jailed Kremlin critic Alexei Navalny …
More:
The Verge, 9to5Mac, Philip Elmer‑DeWitt, AppleInsider, TechSpot, and iMore
Tweets: @dazeend and @davedrolet
| Matt Burgess / Wired: |
New data-sharing proposals in Europe push for the expansion of facial recognition and to allow police forces across the EU to link their photo databases — Lawmakers advance proposals to let police forces across the EU link their photo databases—which include millions of pictures of people's faces.
More:
Newslit Daily. Tweets: @wiredscience, @mattburgess1, @ellajakubowska1, @cttargeted, and @sakripol
| Ingrid Lunden / TechCrunch: |
OpenPhone, which provides SMBs with a business phone line through its mobile app, raises a $40M Series B led by Tiger Global, bringing its total funding to $56M — Pam answering the phone at Dunder Mifflin become one of the most iconic refrains of life at The Office, and it's really no wonder that it did … | The Economic Times: |
Sources: Indian online learning startup Unacademy laid off around 1,000 employees to cut costs; Unacademy last raised $440M in August 2021 at a $3.4B valuation — Bengaluru: Edtech startup Unacademy has laid off around 1,000 employees, including on-roll and contractual staff, in the past few weeks … | Manish Singh / TechCrunch: |
Indian conglomerate Tata Group rolls out Tata Neu, a “super app” combining at least seven services associated with Tata, competing with Jio Platforms and Amazon — The 154-year-old Indian giant, valued at $103 billion, operates 29 listed companies across nearly a dozen sectors including retail, travel to automobiles
More:
The Economic Times, The Economic Times, Livemint, and Business Standard
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