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April 7, 2022, 12:10 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 …
More:
The Verge, PYMNTS.com, Decrypt, TheStreet, CoinDesk, TradingBTC.com, Reuters, Telegraph, and Social Media Today
| Wall Street Journal: |
Google Play removes dozens of Android apps, including Muslim prayer apps with 10M+ downloads, after researchers find malware tied to a US defense contractor — Code placed in consumer-facing apps is tied to U.S. national-security contractors, documents show
More:
The AppCensus Blog, Fox Business, Gizmodo, CNET, KnowTechie, PYMNTS.com, Forbes, Protocol, SiliconANGLE, and XDA Developers
Tweets: @appcensusinc, @appcensusinc, @edwardnh, @appcensusinc, @baldingsworld, @cremnob, @dnvolz, and @justinhendrix
| Jillian Ward / Bloomberg: |
Elon Musk refiles his Twitter stake's SEC disclosure to classify himself as an active investor; Musk bought his 9.1% stake in cash from January 31 to April 1 — Elon Musk refiled the disclosure of his stake in Twitter Inc. to classify himself as an active investor, making the change …
More:
Washington Post, Bloomberg, PYMNTS.com, Search Engine Journal, and Search Engine Land
Tweets: @elonmusk, @paraga, @ashleygjovik, @kurtwagner8, @nycsouthpaw, @nycsouthpaw, @ashleygjovik, @ashleygjovik, @mattmfm, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @jamespmcleod, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, and @jason_kint
| Casey Newton / Platformer: |
More:
Slate, Block Party Newsletter, Reason, and Pirate Wires
Tweets: @paraga, @paraga, @jack, @lulumeservey, @elonmusk, @antoniogm, @antoniogm, @adamsinger, @antoniogm, @esqueer_, @pulte, @lukeobrien, @anandwrites, @mikeisaac, and @mrandyngo
| Adi Robertson / The Verge: |
OpenAI releases DALL-E 2, a higher-resolution and lower-latency version of its text-to-image generation program with new capabilities, to researchers in preview — Researchers can sign up to preview it — Artificial intelligence research group OpenAI has created a new version of DALL-E, its text-to-image generation program.
More:
OpenAI, New York Times, SiliconANGLE, PCMag, Fortune, MobileSyrup, Fast Company, Slashdot, and PetaPixel
Tweets: @sama, @openai, @sama, @mikaelthalen, @karpathy, @waxpancake, @anderssandberg, @waxpancake, @waxpancake, @iron_spike, @ak92501, @maddiesimens, @charlesweill, @gdb, @spencerdailey, @jackbutcher, @lpolovets, @waxpancake, @andreasklinger, and @spakhm. Thanks:@eliegnews
| 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 … | 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. More:
New York Times, Ars Technica, BleepingComputer, VICE, Security Affairs, iTnews, techsearch.watchguard.com, The Record, The Register, Reuters, Gizmodo, and PCMag
Tweets: @profwoodward, @zackwhittaker, @zackwhittaker, @zackwhittaker, @malwaretechblog, @ericgarland, and @campuscodi
| Jay Peters / The Verge: |
Meta won't hold its F8 developer conference in 2022, instead holding Conversations, a “business messaging event” on May 19, and an AR/VR event “later this year” — Meta is pausing the event in 2022 — Meta won't be holding its F8 developer conference in 2022, the company announced Wednesday.
More:
Meta for Developers, ZDNet, Adweek, TechSpot, Variety, Bloomberg, Social Media Today, and Engadget
Tweets: @brianroemmele and @tcpeter
| Nikhilesh De / CoinDesk: |
Senator Patrick Toomey introduces a bill to regulate stablecoins, including defining a “payment stablecoin”, creating a license for issuers, and more — The Stablecoin TRUST Act would give stablecoin issuers a variety of regulatory regimes to abide by, but enforce disclosure and redemption requirements.
More:
The Block, PYMNTS.com, American Banker, Cointelegraph, and Decrypt
| 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:
SiliconANGLE, Tech.eu, CNBC, and cybernews.com
| Wall Street Journal: |
Sources: banks including JPMorgan, Bank of America, and Wells Fargo are considering whether to use Zelle as a payment option to compete with Visa and Mastercard — The money-transfer service boomed amid pandemic. Some banks want to expand it to retail payments.
More:
PYMNTS.com, Benzinga, and Protocol
| Aisha Malik / TechCrunch: |
Amazon will increase its Music Unlimited plan on Prime from $7.99/month to $8.99/month and its Single Device plan from $3.99/month to $4.99/month on May 5 — Amazon is increasing the price of its Unlimited Music subscription for Prime members, the company announced on its website.| 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
More:
Reuters
| Samantha Cole / VICE: |
Analysis: 50 out of 150 US police reports mentioning Apple's AirTags were of women describing stalking, 25 of which suspected ex-partners, husbands, or bosses — Motherboard obtained reports of stalking, harassment, and abuse using Airtags, targeting victims of intimate partner violence.
More:
Slashdot, iThinkDifferent, and Engadget
Tweets: @samleecole, @lorenzofb, @evacide, @samleecole, @lailalalami, @funranium, @mattblaze, @katiohead, @samleecole, @foxcahn, @samleecole, @lemonsand, @timmarchman, @timmarchman, @cindygallop, @mattblaze, @sanket_invideo, @stopsatgreen, @mattblaze, @amydiehl, @libskrat, @r0wdy_, @mattblaze, @evacide, @ma_franks, @rmac18, @mattblaze, @mattblaze, @jason_koebler, @geoffreyfowler, @mattblaze, @dangillmor, and @mattblaze
| 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 … | Jonathan Greig / The Record: |
The US DOJ charges Russian national Dmitry Olegovich Pavlov for helping operate and administer the Hydra Market darknet, after German police shut down the site — The US Justice Department on Tuesday filed charges against Dmitry Olegovich Pavlov, a 30-year-old Russian national accused …
More:
BleepingComputer, BBC, Digital Trends, CoinQuora, and Tech Monitor
Tweets: @snlyngaas, @alfonslopeztena, @andysheehankdka, @ericgeller, @vickerysec, @campuscodi, @technollama, and @campuscodi
| Kyle Wiggers / TechCrunch: |
ReadySet, which is building a database infrastructure to help developers build real-time applications, raises a $24M Series A led by Index Ventures — ReadySet, a company providing database infrastructure to help developers build real-time applications, today announced that it raised $24 million … | Jonathan Stempel / Reuters: |
Berkshire Hathaway discloses that it has purchased ~121M shares of HP Inc for a 11.4% stake worth $4.2B based on HP's closing stock price on Wednesday of $34.91 — Berkshire Hathaway Inc (BRKa.N) disclosed on Wednesday that it has purchased nearly 121 million shares of HP Inc (HPQ.N) …
More:
Financial Times and Bloomberg
| 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 …
Tweets: @davedrolet
| Dara Kerr / The Markup: |
A report finds over 50 US gig workers were murdered while working since 2017; the families say Uber, Lyft, DoorDash, Instacart, and others offer little support — New report lists Uber, Lyft, DoorDash, Instacart, and Grubhub worker victims, and the tally is likely even higher
More:
The Verge, Thomson Reuters …, Gig Workers Rising, The Guardian, and Jalopnik
Tweets: @aaschapiro, @veenadubal, @gigworkersrise, @wedriveprogress, and @orientaljanedoe
| 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 … | Kevin Marks: |
Twitter quietly changed how embeds of deleted tweets work, showing blank embeds on websites; Twitter: the change is “to better respect” when users delete tweets — Twitter Edits You 2022-04-06 With all the fuss about Twitter's promised edit button, and how they might design it …
More:
The Verge, iMore, MobileSyrup, TechCrunch, Engadget, Android Police, and Social Media Today
Tweets: @tweetanor, @alexhern, @reckless, @taylorlorenz, @kevinmarks, @campuscodi, @film_girl, @jamesrbuk, @bradydale, @corintxt, @martinsfp, @mslopatto, @wongmjane, @reckless, @chrismessina, @wongmjane, @taylorlorenz, @jamesrbuk, @mattnavarra, @jason, @nataliesurely, @crgibs, @sam_l_shead, @sub8u, and @qaomene. Thanks:@kevinmarks
| Kai Nicol-Schwarz / Sifted: |
Avi Medical, which offers app-based personalized telehealth services, raises a €50M Series B led by Balderton Capital, after raising €28.5M in June 2021 — It's not all that often you hear a tech founder looking to the past for inspiration, but that's exactly what Avi Medical is doing.| Jessica Golden / CNBC: |
Sports e-commerce company Fanatics raises $1.5B at a $27B valuation led by the NFL, MLB, and others; the NFL invested $320M, the biggest portion of funding — - The NFL, other major sports leagues, players unions and team owners are leading the latest round of investment in Fanatics, the online sports platform company.
More:
Sportico, Sports Business Journal, and TechCrunch
| Vishal Chawla / The Block: |
Sky Mavis, which runs Axie Infinity, raises $150M led by Binance, with participation from Animoca, a16z, and others, to reimburse users after the Ronin hack — Sky Mavis, the creator of play-to-earn game Axie Infinity, has raised $150 million to reimburse its users who lost funds during …
More:
Binance Blog, VICE, ZDNet, Binance, CoinDesk, Financial Times, CoinJournal, Protocol, VentureBeat, SiliconANGLE, and CryptoSlate
Tweets: @axieinfinity, @mdudas, @mayazi, @mayazi, @mayazi, @iansherr, @axiesisters, @icebergy_, @ulonnaya, @binance, @ronin_network, @pt, @mystic_scholars, @jonsarlin, @silvermanjacob, @cagyjan1, @jonsarlin, and @carnage4life
| David Uberti / Wall Street Journal: |
More:
Newser. Tweets: @peckshieldalert, @peckshieldalert, @jonsarlin, @web3isgreat, @anthony, @alexhern, and @peckshieldalert
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