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July 21, 2022, 12:05 PM
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| Ingrid Lunden / TechCrunch: |
Amazon will acquire primary health care provider One Medical for about $3.9B in an all-cash deal — Amazon's interest in healthcare and being a major player in that industry is taking one big step forward today. The company has just announced that it intends to buy One Medical …
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New York Times, About Amazon, Bloomberg, CNBC, CNN, PYMNTS.com, Silicon Valley Business …, Silicon Republic, Washington Post, PCMag, Protocol, VICE, Engadget, The Hill, The Verge, Wall Street Journal, Forbes, Associated Press, VentureBeat, STAT, GeekWire, Barron's Online, WRAL TechWire, MobiHealthNews, Financial Times, and Tech News
Tweets: @brosandprose, @hayesbrown, @armstrongdrew, @quinnypig, @benbajarin, @chrissyfarr, @notwaldorf, @pt, @geoffreyfowler, @lizzadwoskin, @caseynewton, @mackyson, @sorayamcdonald, @thrasherxy, @andrewperezdc, @yashar, @alaricaloor, @chimeracoder, @bdsams, @arctictony, @stshank, @benedictevans, @alexweprin, @bequinning, @kvlly, @r0wdy_, @bradstone, @joshelman, @jonerlichman, @brockm, @berthacoombs, @sweepersolana, @theromit, @annierpalmer, @martyswant, @rockson2, @brithume, @levynews, @delrey, @pt, @joannastern, @rasushrestha, @mattzeitlin, @armstrongdrew, and @johncendpts
| Jon Porter / The Verge: |
Facebook splits the Feed on iOS and Android into TikTok-style Home, with recommended content, and Feeds, a chronological feed of pages and people users follow — While new Feeds tab will show chronological content from pages you actually follow — Facebook's almighty News Feed is getting split in two... kind of.
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New York Times, Axios, NBC News, CNN, Engadget, The Hill, Bloomberg, TechCrunch, Reuters, 9to5Mac, The Guardian, Washington Post, USA Today, Bloomberg, BGR India, Mashable, and CNBC
Facebook: Mark Zuckerberg. Tweets: @kurtwagner8, @metanewsroom, @carnage4life, @sarafischer, @alexhern, @pierce, and @kerrymflynn
| Stacy Elliott / Decrypt: |
Tesla says a “bitcoin impairment” negatively impacted its Q2 profitability and that it sold 75% of its bitcoin, worth approximately $936M, in the quarter — “Bitcoin impairment” prompted the sale, the company said. — Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report.
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BBC, Bloomberg, CNBC, The Block, The Register, The Verge, Mashable, TheStreet, The Verge, Finbold, TechCrunch, YouTube, Bloomberg, Reuters, crypto.news, The Economic Times, Cointelegraph, PYMNTS.com, CNET, Bitcoin News, SiliconANGLE, and Washington Post
| Bloomberg: |
Amazon spent a record $4.98M on lobbying in Q2 2022, up 2.5% YoY, Google spent $2.77M, up 32% YoY, Microsoft $2.41M, down 2.4% YoY and Apple $1.9M — Amazon.com Inc. spent a record $4.98 million on lobbying during the second quarter of this year as momentum intensified in Congress …
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The Register and 9to5Mac
| Dan Milmo / The Guardian: |
Ofcom: TikTok is the fastest growing news source among UK adults, being used by 7%, up from 1% in 2020; 32% use Facebook, 17% use Twitter, and 16% use Instagram — App is used by 7% of adults for news with nearly half turning to TikTokers rather than conventional outlets for updates
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Ofcom, The Verge, Financial Times, 9to5Mac, TheGamer, Variety, Mashable, BBC, and Neowin
Tweets: @eligp, @hkanji, @realjezebelley, @daveleeft, @daveleeft, and @jeffjarvis
| Ian Allison / CoinDesk: |
Blockchain.com says it will cut 25% of its workforce, equal to about 150 people, close its Argentina-based offices, and halt expansion in several countries — The digital assets trading firm said it will shutter its Argentina-based offices and halt its expansion plans in several countries.
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Gizmodo, Blockworks, The Block, CNBC, Coinspeaker, and Crypto Briefing
Tweets: @mylesudland and @silvermanjacob
| Ben Horowitz / Andreessen Horowitz: |
a16z says its HQ will be “in the cloud” and it will open new offices in Miami Beach, New York, and Santa Monica “to be able to physically assemble anywhere” — Since our inception in 2009, Andreessen Horowitz has been a Silicon Valley venture capital firm.
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Bloomberg. Tweets: @matthfield, @chrislyons, @francissuarez, @petezin, @autismcapital, @a16z, @ktmboyle, @bryce, and @rabois
| Bloomberg: |
Jason Calacanis says litigation, and possibly criminal charges, await the companies and “grifting” VCs that knowingly flipped crypto tokens to retail investors — Watch out venture capital, the regulators are coming. — That's the warning from long-time angel investor Jason Calacanis …
Tweets: @alex, @tracyalloway, @mdudas, @thestalwart, @nouriel, @mliebreich, @silvermanjacob, and @mdudas
| Austin American-Statesman: |
Filings: Samsung is considering building 11 new chipmaking facilities in the Austin area over the next two decades; the filings don't commit Samsung to invest — Bob Sechler Kara CarlsonAustin American-Statesman — In what could be the biggest economic investment in Central Texas history …
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Austin Business Journal, Wall Street Journal, Reuters, Android Central, The Register, and SamMobile
Tweets: @statesman and @scottlincicome
| Cristina Criddle / Financial Times: |
Meta, Apple, Microsoft, Google, Twitter, and others register for a license in Indonesia under which they might have to censor content and hand over users' data — Meta, TikTok and Twitter among groups to register for licences under which authorities can censor platforms| Ingrid Lunden / TechCrunch: |
TextExpander, which lets users create customized shortcuts to trigger text-based actions, has raised $41.4M, its first-ever funding since launching in 2007 — RPA, and companies like UiPath, swooped into on the world of work a few years ago as a catchy way for organizations to help teams automate … | Dylan Smith / Digital Music News: |
Warner Music Group becomes the first major label to adopt SoundCloud's user-centric payouts instead of the pro rata model used by Spotify — About three months after celebrating the anniversary of its fan-powered royalty model, SoundCloud has officially inked a global licensing deal with Warner Music Group.| Andrew Myrick / Android Central: |
Qualcomm unveils the Snapdragon W5 Gen 1 and W5+ Gen 1 chips for wearables, based on 4nm process and debuting in watches from Oppo and Mobvoi — The upgrade we've been waiting for is here. — What you need to know — Qualcomm has announced the Snapdragon W5 platform for wearables.
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Qualcomm, PhoneArena, 9to5Google, Android Police, Pocket-lint, Thurrott, and CNET
Tweets: @anshelsag, @greengart, @stephennellis, @anshelsag, @mobile_dom, @greengart, @witeken, @greengart, @anshelsag, and @greengart
| Reuters: |
Meta's research, published internally in February, reveals Facebook's challenges in India, including that women are shunning it due to safety concerns and more — Meta's internal research reveals challenges in India Many women steered clear of male-dominated Facebook Their concerns included safety … | Jack Stebbins / CNBC: |
Airbnb co-founder Joe Gebbia is stepping down from his role at the company, the first of the three original founders to step down, but will remain on its board — - Airbnb co-founder Joe Gebbia announced Thursday he is stepping down from his role at the company.
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TechCrunch and PhocusWire
| Josh Dzieza / The Verge: |
A look at GPT-3-powered fiction writing tools like Sudowrite, which proposes plot twists, rewrites in specific tones, suggests metaphors, and more — On a Tuesday in mid-March, Jennifer Lepp was precisely 80.41 percent finished writing Bring Your Beach Owl, the latest installment in her series …
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Newslit Daily. Tweets: @joshdzieza, @sethamandel, @rtushnet, @joshspero, @sarahjeong, @harrysiegel, @brendannyhan, and @thejasonkirk
| Ben Schoon / 9to5Google: |
Samsung says it sold nearly 10M Fold3 and Flip3 devices combined over the past year, up 300%+ from 2020; ~70% of foldable customers bought the Flip3 — Yesterday Samsung officially confirmed an August 10 event to launch its next batch of foldable smartphones.| Dylan Patel / SemiAnalysis: |
A chip teardown shows that China's SMIC is quietly shipping 7nm chips; SMIC is rapidly becoming the world's third largest foundry, behind TSMC and Samsung — The Most Advanced Foundry In The World After TSMC And Samsung — SMIC, China's largest foundry has slowly been catching up to TSMC …
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Tom's Hardware, Bloomberg, and TechPowerUp
Tweets: @niubi, @stshank, @jacob_feldgoise, @niubi, @godfreetrh, @pstasiatech, @steakandchickn, and @matthewstoller
| Bloomberg: |
US DOJ arrests an ex-Coinbase product manager for allegedly leaking insider info about tokens before they were listed; sources: Coinbase won't face charges — US authorities arrested a former Coinbase Global Inc. product manager for allegedly leaking insider information to help his brother …
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U.S. Department of Justice, The Block, Reuters, U.S. Securities …, and Fortune. Tweets: @jeffjohnroberts
| Dina Bass / Bloomberg: |
Microsoft is eliminating many open job listings, including in its Azure and security units, but plans to honor job offers and make exceptions for critical roles — Microsoft Corp. is eliminating many open job listings, including in its Azure cloud business and its security software unit, as the economy continues to weaken.
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Gizmodo, TechCrunch, The Register, CNBC, and Australian Financial Review
Tweets: @jimcramer, @carlquintanilla, and @lynaldencontact
| Paul Sawers / TechCrunch: |
Dublin-based Fonoa, which makes an automated tax compliance service used by companies like Uber and Zoom, has raised a $60M Series B led by Coatue — Fonoa, a tax automation platform used by companies such as Uber and Zoom, has raised $60 million in a series B round of funding.| Ingrid Lunden / TechCrunch: |
15Five, which builds HR software used at Spotify, Credit Karma, and other companies, has raised a $52M Series C led by Quad Partners — 15Five — an early mover in the world of building technology to help motivate teams, and to improve performance management for execs overseeing those teams …
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FinSMEs, SiliconANGLE, and Business Wire
| Wall Street Journal: |
Lyft closes its car rental service, which was running in five locations, but will still offer third-party rentals in 30+ locations, as it lays off 60 employees — The company is latest to cut back on staff, adjust businesses amid growing economic concerns — Uber, Lyft and the Crucial Challenge for Profitability in 2022
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Engadget, Bloomberg, LinkedIn, TechCrunch, MarketWatch, Reuters, and PYMNTS.com. Tweets: @emilyglazer
| Benjamin Robertson / Bloomberg: |
Stockholm-based Normative, whose software helps companies accurately measure their carbon footprints, has raised a $31M Series B led by Blume Equity — Carbon accounting startup Normative raised 31 million euros ($31.5 million) from investors including Hong Kong tycoon Li Ka-shing …
More:
Tech.eu and Silicon Canals
| Alexandra Alper / Reuters: |
Sources: US is probing Huawei over concerns that gear in cell towers could capture sensitive info from military bases and missile silos and transmit it to China — The Biden administration is investigating Chinese telecoms equipment maker Huawei over concerns that U.S. cell towers fitted …
Tweets: @iron_man_actual and @mikeelgan
| Coco Liu / Bloomberg: |
China fined Didi Global $1.2B after a year-long probe, the regulator said for illegal operations that threatened national security — China fined Didi Global Inc. more than 8 billion yuan ($1.2 billion), wrapping up a year-long probe into the ride-hailing giant that's come …
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CNBC, The Economic Times, New York Times, Associated Press, BBC, Washington Post, and Financial Times. Tweets: @michaelschuman
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