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July 23, 2019, 5:05 PM
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| Tony Romm / Washington Post: |
Sources: FTC will allege that Facebook misled users on how it used phone numbers and poorly informed them about facial recognition; FB won't have to admit guilt — The Federal Trade Commission plans to allege that Facebook misled users' about its handling of their phone numbers as part …
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Business Insider, Engadget, Bloomberg, Reuters, TechSpot, Vanity Fair, and Digital Trends
Tweets: @tonyromm, @bendwalsh, @mattzeitlin, @ashk4n, @kashhill, @tonyromm, @jeffjohnroberts, and @tonyromm
| Tripp Mickle / Wall Street Journal: |
Analysis: Apple's own apps rank first in 60%+ of App Store test searches; Podcasts, which had a 1.7-star rating before its reviews were removed, ranks #1 in US — Searches for ‘music,’ ‘audiobooks’ and other categories rank company apps first, a process some developers find unfair … | Guilherme Rambo / 9to5Mac: |
Sources: Apple to release three “iPhone 11” models this fall, each with an A13 chip, Lightning port, and a new Taptic Engine, as 3D Touch goes away — Similar to last year's introduction of the iPhone XS, iPhone XS Max, and iPhone XR, Apple will release three new ‘iPhone 11’ models this fall.
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MacRumors, VentureBeat, AppleInsider, Thurrott, TechSpot, Business Insider, CNET, Engadget, Neowin, MSPoweruser, SlashGear, The Verge, iDownloadBlog.com, Tom's Guide, KnowTechie, iPhone Hacks, MacDailyNews, Cult of Mac, Fast Company, iPhone in Canada Blog, and Boing Boing
Tweets: @dcseifert, @markgurman, @mgsiegler, @_inside, @sushubh, @llsethj, and @stroughtonsmith
| Joe Tidy / BBC: |
Profile of Marcin Kleczynski, CEO and co-founder of Malwarebytes, who quietly grew the company in his dorm to a multi-million dollar/year business by graduation — The BBC's weekly The Boss series profiles different business leaders from around the world. This week we speak to Marcin Kleczynski … | Salvador Rodriguez / CNBC: |
Snap reports Q2 revenue of $388M, up 48% YoY, vs. $359.7M est., DAUs of 203M, up 8% YoY, and that its net loss shrunk from $353M to $255M YoY; stock jumps 10%+ — KEY POINTS — Snap, the maker of Snapchat, posted a loss of 6 cents per share, vs. an expected loss of 10 cents per share.
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CNET, TechCrunch, Business Wire, Axios, Business Insider, and Variety
Tweets: @daveleebbc, @lexnfx, @dlberes, @cnbc, @lanceulanoff, @jboorstin, @lanceulanoff, @kurtwagner8, @somospostpc, @kurtwagner8, @lexnfx, @sarahfrier, @alex, and @alexeheath
| David Canellis / The Next Web: |
Federal judge refuses to dismiss $224M lawsuit against AT&T for allegedly letting a customer be SIM-swapped twice, leading to the loss of $24M in cryptocurrency — THIS INVESTOR LOST $24M IN CRYPTOCURRENCY AFTER HE WAS SIM-SWAPPED, TWICE — A US federal judge has rejected AT&T's request …
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Ars Technica, GlobeNewswire News Room, CCN Markets, and The Block
Tweets: @whatthebit, @db, and @davezatz
| Dustin Volz / Wall Street Journal: |
NSA will create a cybersecurity directorate led by Anne Neuberger starting October 1, to help align offensive and defensive operations more closely — Anne Neuberger, tapped as head, warns against ‘not engaging in the fight’ — The National Security Agency will create a cybersecurity directorate later …
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ZDNet, CNET, SiliconANGLE, CNBC, and CyberScoop
Tweets: @ericgeller, @dnvolz, @wsj, and @chrisrohlf
| Manish Singh / TechCrunch: |
Zeta, which runs a full stack “neo-banking” platform, says its valuation is $300M after its maiden fundraising round; source says raise was under $60M — Startups looking to expand the reach of financial services continue to receive a nod from investors.
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Tech.eu, PE Hub Blog, Entrackr, Zeta, and Crowdfund Insider
| Zack Whittaker / TechCrunch: |
Researchers gained access to internal corporate networks of Uber and Twitter after finding flaws in VPN apps of Palo Alto Networks, Fortinet, and Pulse Secure — Researchers have found several security flaws in popular corporate VPNs which they say can be used to silently break into company networks and steal business secrets.| Jessica Dolcourt / CNET: |
Profile of Craigslist founder Craig Newmark, who has donated $100M+ to charities and who champions “vigorous, trustworthy journalism” and women in tech — Craig Newmark is a man of quiet contradiction. Wrapped in a sweater the color of hot chocolate, the 66-year-old founder …
Tweets: @cnet, @georgiadreid1, @blkbaer, @richardjnieva, @jdolcourt, and @jasonhiner. Thanks:@jasonhiner
| Charlie Osborne / ZDNet: |
CERT-Bund discovers a serious vulnerability in VLC for Windows, Unix, and Linux that allows for remote code execution and hasn't been patched yet — The bug is present in VLC's latest release. — A serious vulnerability has been uncovered in the latest release of the VLC media player and no patch is available.| Paul Sawers / VentureBeat: |
Fetch Robotics, which builds autonomous industrial robots powered by cloud-based software, raises $46M Series C led by Fort Ross Ventures — Silicon Valley industrial robotics startup Fetch Robotics has raised $46 million in a series C round of funding led by Fort Ross Ventures … | Reuters: |
Huawei has laid off more than 600 workers from its US-based research arm Futurewei, as a result of being put on a trade blacklist by the US government — SANTA CLARA, Calif./HONG KONG (Reuters) - China's Huawei Technologies laid off more than two-thirds of the 850-strong workforce …
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CNET, BBC, TechCrunch, Engadget, and Financial Times
| Newley Purnell / Wall Street Journal: |
Millions of first-time internet consumers are getting online with ~$25 “smart feature phones”, popularized by Indian telecom Reliance Jio and powered by KaiOS — First-time internet consumers are connecting to the web on a new breed of device costing about $25
Tweets: @ericbellmanwsj
| Anthony Ha / TechCrunch: |
Heap, which automates company analytics by collecting and organizing customer behavioral data, raises $55M Series C led by NewView Capital — Since co-founding Heap, CEO Matin Movassate has been saying that he wants to take on the analytics incumbents. Today, he's got more money to fund that challenge …
More:
PR Newswire, PE Hub Blog, and FinSMEs
| Diana Olick / CNBC: |
Amazon partners with Realogy to offer TurnKey, which connects homebuyers with Realogy agents; with each purchase, customers get $5K in free Amazon home services — KEY POINTS — Realogy and Amazon will now offer TurnKey, a program that takes potential homebuyers through the Amazon portal and connects them to a Realogy agent.
More:
New York Times, Forbes, Wall Street Journal, and GeekWire
| Brent Kendall / Wall Street Journal: |
DOJ is opening an antitrust review of whether tech giants are unlawfully stifling competition, examining search, social media, and retail services platforms — Inquiry signals Barr's deep interest in tech sector, poses threat to companies such as Facebook, Google, Amazon, Apple
More:
U.S. Department of Justice, The Verge, and CNBC
Tweets: @cnbcnow, @cnbcnow, @jathonwsj, and @stillgray
| Anthony Ha / TechCrunch: |
Mixhalo raises $10.7M Series A led by Foundry Group to bring better sound quality to live events through smartphone users' earbuds — Mixhalo — the startup co-founded by Incubus guitarist Mike Einziger and his wife, violinist Ann Marie Simpson-Einziger — has raised $10.7 million in Series A funding.
More:
Digital Music News and hypebot
| Kyle Wiggers / VentureBeat: |
CircleCI, which develops continuous delivery automation software, raises $56M Series D led by Owl Rock and Next Equity, bringing its total raised to $115.5M — San Francisco-based CircleCI, which develops continuous delivery automation software, today revealed that it closed …
More:
FinSMEs, PE Hub Blog, SiliconANGLE, and TechCrunch
| Bloomberg: |
Sources: Huawei's first-half YoY revenue growth was 30%, a slowdown from 39% in just Q1 but still impressive given US technology export restrictions — - It's said to have grown revenue roughly 30% in the first half — Huawei still on war footing despite averting immediate crisis
More:
Los Angeles Times, New York Times, and CNBC
| Christopher Mims / Wall Street Journal: |
Once viewed as a frivolity, emojis are now key to clear and concise communication, esprit de corps, and cultivating a shared corporate culture — Once viewed as a frivolity, emojis are now key to clear and concise communication, esprit de corps and cultivating a shared corporate culture| James B. Cutchin / Los Angeles Times: |
How US companies quietly acceded to Chinese government demands to add ID-tracking and playtime restriction systems to games like Fortnite and World of Warcraft — Last October, software developers at Riot Games in Santa Monica fielded an unusual request. As with other video game makers … | Mike Wheatley / SiliconANGLE: |
Software-defined networking startup Arrcus raises $30M Series B led by Lightspeed Venture Partners, bringing its total raised to $49M — Software-defined networking startup Arrcus Inc. said today that it has raised $30 million in a new funding round that brings its total capital to raised to $49 million.
More:
GlobeNewswire News Room, TechCrunch, VentureBeat, Light Reading, CRN, and PE Hub Blog
| Stacy Cowley / New York Times: |
Equifax will pay at least $650M and potentially significantly more to end an array of state, federal, and consumer claims over the 2017 data breach — The credit bureau Equifax will pay at least $650 million and potentially significantly more to end an array of state, federal and consumer claims …
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ZDNet, Federal Trade Commission, Federal Trade Commission, CNET, Slate, CircleID, The Points Guy, The Hacker News, MediaNama, The Next Web, SiliconANGLE, Threatpost, Washington Post, The Register, Dark Reading, CNBC, Federal Computer Week, Nextgov, Security Boulevard, ABC News, Graham Cluley, and Digital Trends
Tweets: @ftc, @joebiden, @ewarren, @senmarkey, @natashanyt, @om, @dangoodin001, @natashanyt, @stephenxwelch, @newyorkstateag, @brianfrosh, @ftc, @agkarlracine, @engadget, @nickheer, @stacycowley, @ericgeller, @emptywheel, @joshshapiropa, and @ab2788
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