| Alex Webb / Bloomberg: |
Sources: Apple is developing an EKG heart monitor for Apple Watch — Electrocardiogram can help detect arrhythmia, stroke risks — Apple Watch already has a built-in heart rate monitor — Apple Inc. is developing an advanced heart-monitoring feature for future versions of its smartwatch … | Jillian D'Onfro / CNBC: |
Eric Schmidt to step down as executive chairman of Alphabet's board of directors, will transition to technical adviser; he will continue to serve on the board — Eric Schmidt will be stepping down as the executive chairman of Alphabet's board of directors and transitioning to technical advisor, the company announced.| Nicholas Megaw / Financial Times: |
Long Island Iced Tea, an unprofitable soft drink maker, rebrands as Long Blockchain Corp and pivots to blockchain exploration, causing stock to rise up to 500% — A US securities regulator has warned investors against “potential scams” following a surge in stock prices of hitherto obscure companies … | Ben Kuchera / Polygon: |
Apple says apps with loot boxes or other mechanisms that provide randomized virtual items for purchase must disclose odds of receiving items prior to purchase — This is a big change — The rise of loot boxes in premium video games was one of the most controversial stories of the year … | CNBC: |
Comcast claims it will award $1K bonuses to 100k+ employees due to net neutrality repeal and tax cut; AT&T to award $1K bonuses to 200k employees and invest $1B — - The House of Representatives on Wednesday sent tax reform legislation to President Donald Trump, who is expected to sign it soon.| Jem Aswad / Variety: |
Universal Music Group and Facebook sign multiyear deal to license UMG's recorded music and publishing catalogs across Facebook, Instagram, and Oculus — Facebook and Universal Music Group today announced a global, multi-year agreement under which UMG becomes the first major music company … | Nathaniel Popper / New York Times: |
Winklevoss twins reflect on their risky bet on Bitcoin, now worth ~$1.3B, made using the $65M settlement they received from Facebook — The virtual currency stockpile that Cameron and Tyler Winklevoss began amassing in 2012 is now worth around $1.65 billion. They have no plans to sell.| Monica Alleven / FierceWireless: |
| Jon Russell / TechCrunch: |
Chinese ride-hailing company Didi Chuxing says it has raised $4B from undisclosed backers, which will be used for AI and international expansion — China's Didi Chuxing, the country's top ride-hailing company, said today that it has raised $4 billion in new capital to support a range … | Nick Statt / The Verge: |
Mozilla releases Firefox for Fire TV, touts ability to launch popular video sites like YouTube amid Amazon-Google feud over YouTube access on Amazon's devices — An alternative workaround to the Amazon-Google feud — Amid Amazon and Google's bitter and self-defeating feud over the right … | Stephen Nellis / Reuters: |
Tax overhaul lets Apple bring back its $252B foreign cash pile without a major tax hit, but could raise the amount to pay on profits from patents held abroad — (Reuters) - The U.S. Republican tax overhaul passed by Congress this week will allow Apple Inc to bring back its $252.3 billion … | Facebook Design: |
Facebook to stop using “disputed” labels on false news, will show fact checks as Related Articles after tests proved the latter method resulted in fewer shares — Scrolling through News Feed, it can be hard to judge what stories are true or false.| New York Times: |
Job ads aimed at age groups on platforms including Facebook raise questions of age discrimination, prompt lawsuit; Amazon, LinkedIn change methods after query — This article was written through collaboration between The New York Times and ProPublica, the independent, nonprofit investigative journalism organization.| Rob Goldman / Facebook: |
| Kara Swisher / Recode: |
Sources: Sequoia Capital is in the early stages of raising $5B-$6B for its third global fund, as pressure from SoftBank's mega-fund increases — Others in tech investing are also mulling how to counter the free-spending by the Japanese investment company. — Call it the SoftBank Effect.
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Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research — Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Sarah Perez / TechCrunch: |