| Alex Stamos / Lawfare: |
Alex Stamos, former Facebook CSO, says 2016 failures still weigh on him, warns US elections risk becoming “World Cup of information war” without better security — In the swirl of news this week, it would be easy to miss recent announcements from two of America's largest … | Raymond Zhong / New York Times: |
Australia bans Huawei and ZTE from providing 5G equipment to support the country's new telecom networks, citing risks of foreign interference and hacking — BEIJING — The fog of cyberespionage concerns surrounding Huawei has for years kept the Chinese technology giant largely out of the United States.| Ari Levy / CNBC: |
Apple pulls Facebook's Onavo VPN app from the App Store, says that apps should not collect information about other installed apps for the purposes of analytics — - Facebook acquired Israeli security app developer Onavo in 2013 and has used it to offer consumers access to a virtual private network.| Jez Corden / Windows Central: |
Sources: Microsoft to unveil “Xbox All Access”, a contract-based US monthly subscription offering an Xbox One, Xbox Live, and Xbox Game Pass, later this month — We've heard Microsoft is soon planning to debut a new contract-based monthly subscription service dubbed “Xbox All Access … | Ime Archibong / Facebook: |
Facebook says it has suspended 400+ apps since launching investigation into app data use, including myPersonality, which may have misused data of 4M+ users — Today we banned myPersonality — an app that was mainly active prior to 2012 — from Facebook for failing to agree to our request … | Bloomberg: |
Source: autonomous driving startup Zoox, valued at $3.2B, dismisses CEO and co-founder Tim Kentley-Klay, names co-founder and CTO Jesse Levinson president — - Co-founder Jesse Levinson will become company president — Zoox just raised $500 million, at a $3.2 billion valuation| Peter Kafka / Recode: |
Dan Rose, Facebook's VP of partnerships who led deals such as its Instagram buy, leaving in Feb.; sources: Facebook has likely identified replacement internally — It's the second big-deal Facebook departure this summer. — Dan Rose, a top Facebook executive who oversaw … | Ian Sherr / CNET: |
Interview with Microsoft's Executive VP of Gaming Phil Spencer on the potential of Xbox, the need to invest in first-party studios, streaming, and Satya Nadella — Looking at Phil Spencer's role at Microsoft is a bit like playing the game “One of these things is not like the other.”| CoinDesk: |
SEC rejects nine bitcoin-backed ETF proposals from ProShares, Direxion, and GraniteShares, weeks after rejecting a proposal from the Winklevoss twins — The Securities and Exchange Commission (SEC) has issued rejections to bitcoin exchange-traded fund (ETFs) proposals from both ProShares and Direxion.| Kirsten Korosec / TechCrunch: |
Mobile data-driven car insurance startup Root Insurance raises $100M Series D led by Tiger Global Management, at a $1B valuation — Root Insurance, an Ohio-based car insurance startup with a tech twist, said Wednesday it has raised $100 million in a Series D funding round led of Tiger Global Management … | Anthony Ha / TechCrunch: |
Latch, an NYC-based startup that makes keyless lock systems for apartments, raises $70M Series B led by Brookfield Ventures — Latch announced this morning that it has raised $70 million in Series B funding. — The round was led by Brookfield Ventures, the investment arm of Brookfield Asset Management.| Catherine Cadell / Reuters: |
Alibaba's Q1 revenue beats estimates, rises 61% YoY to ~$12.2B, but net income falls 41% YoY to ~$1.27B — BEIJING (Reuters) - Alibaba Group Holding Ltd (BABA.N), the world's biggest online retailer, said on Thursday first-quarter revenue rose 61 percent, beating analysts' estimates, driven by growth in its core e-commerce business.
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| Charisse Jones / USA Today: |