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August 1, 2019, 3:55 AM
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| Alex Wilhelm / Crunchbase News: |
Report: Cloudflare plans to pursue an IPO in September and has filed a confidential S-1 with the SEC; it was valued at ~$3.2B in its $150M March Series E — Morning Markets: Cloudflare is reportedly going public this year, meaning that we have at least two big-name IPOs left in the tank.| Olivia Carville / Bloomberg: |
Court filing: former IBM HR VP Alan Wild says the company has fired 50,000 to 100,000 staff in recent years; ongoing litigation argues older staff were targeted — - Moves were to make IBM appear as ‘cool’ as Google and Amazon — Big Blue is facing several age-discrimination lawsuits| Joe Fitzgerald Rodriguez / The San Francisco Examiner: |
Lyft has made its 1,000 e-bikes in San Francisco “unavailable to riders” following two reports of bikes catching fire — The flames appear to have originated from the battery — The battery of an electric Lyft bicycle appeared to catch fire Wednesday in the Lower Haight.
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Engadget, Gizmodo, The Verge, Digital Trends, TechCrunch, The Guardian, CNET, Business Insider, Mashable, and NBC Bay Area
Tweets: @william_fitz and @transbay
| New York Times: |
Cisco to pay $8.6M to settle government claims for selling video surveillance tech with a security flaw, reported in 2008, to government agencies until 2013 — WASHINGTON — Cisco Systems agreed on Wednesday to pay $8.6 million to settle claims that it sold video surveillance technology …
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Gizmodo, Washington Post, Reuters, CNBC, ZDNet, and Slashdot
Tweets: @ericgeller, @bad_packets, @campuscodi, @kimzetter, and @campuscodi
| Ryan Christoffel / MacStories: |
An in-depth look at Apple Maps in iOS 13, the biggest update to the service so far, and how it compares to Google Maps — Apple's path to a home-brewed mapping solution has been long and perilous, but it's almost arrived. — 12 years ago the iPhone launched with Google powering … | Lauren Feiner / CNBC: |
Fitbit beat analyst estimates with Q2 revenue of $314M, up 5% YoY, but lowered Q3 guidance; stock down 14%+ after hours — KEY POINTS — The Fitbit Ionic has a few apps, with more to come — Shares of Fitbit cratered as much as 21% after hours on Wednesday after the company cut guidance … | Liam Tung / ZDNet: |
Google to let G Suite admins select users for the Advanced Protection Program, designed to prevent cyberattacks against high-profile users, in the coming days — You might never need to change your password again if you're part of the G Suite Advanced Protection Program.
More:
Google Cloud Blog, The Next Web, G Suite Updates Blog, Dark Reading, and VentureBeat. Tweets: @googlecloud
| Kate Clark / TechCrunch: |
Toronto-based Clearbanc, which offers $10K-$10M investments in e-commerce startups, says it raised $50M led by Highland Capital and announces a new $250M fund — That company disrupting venture capital just raised more venture capital. — Clearbanc has attracted $300 million …
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PYMNTS.com, Axios, Digital Trends, Fast Company, Crunchbase News, WWD, BetaKit, and Business Insider
| Laura Hazard Owen / Nieman Lab: |
After 6 months of fact-checking for Facebook, Full Fact published 96 fact-checks, was paid ~$171k, wants Facebook to share more data with fact-checkers — In December 2016, Facebook enlisted a handful of U.S.-based news organizations (ABC News, Snopes, PolitiFact, FactCheck.org, and the AP) …
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Full Fact Blog, MIT Technology Review, Engadget, Press Gazette, The Guardian, New Scientist, RAPPLER, and Reuters
Tweets: @fullfact, @fullfact, @niemanlab, @niemanlab, @niemanlab, and @risj_oxford
| Wall Street Journal: |
Four major broadcast networks sue Locast, which is funded by AT&T, to try to stop it from freely retransmitting the signals of their local TV stations — CBS, ABC, NBCU and Fox say AT&T-funded Locast is retransmitting their signals without permission and in violation of copyright law
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Ars Technica, Slashdot, Mashable, Engadget, CNET, The Streamable, Light Reading, Axios, and The Verge
| Alex Heath / The Information: |
Sources: Facebook is working on a new TV device that can stream video and make video calls using its Portal tech, and has approached Netflix, Disney, and others — Facebook has approached Netflix, Disney and other media companies about putting their streaming services on a new Facebook device …
More:
The Streamable, Tubefilter, SiliconANGLE, Mashable, AppleInsider, Neowin, Variety, Financial Times, Thurrott, Engadget, The Verge, Reuters, and Notes from Silicon Valley
Tweets: @alexeheath, @mchilberg, and @brandonleblanc
| Varun Mishra / Counterpoint Research: |
Analysis: in Q2 2019, global smartphone shipments declined 1% YoY, making it the 7th consecutive quarter of declining shipments; Samsung shipments grew 7.1% YoY — Overall smartphone shipment declined 1% in Q2 2019, making it the seventh consecutive quarter of declining shipments.
More:
Strategy Analytics, CNET, Gizmochina, KrASIA, and Android Authority
Tweets: @neiltwitz, @neiltwitz, @neiltwitz, @varun_m01, and @shobhit07
| Stephanie Condon / ZDNet: |
Qualcomm misses with Q3 revenue of $4.9B, down 13% YoY, and licensing revenue of $1.29B, down 10% YoY; stock down 4%+ after hours — Qualcomm says it is well positioned for the 5G ramp to come in early 2020. — Qualcomm published its third quarter financial fiscal 2019 results on Wednesday …
More:
Qualcomm, CNBC, Macworld, and Appleosophy
| Frederic Lardinois / TechCrunch: |
Google says its Titan security keys are now available in Canada, France, Japan, and the UK, expanding beyond the US — Google today announced that its Titan Security Key kits are now available in Canada, France, Japan and the UK. Until now, these keys, which come in a kit with a Bluetooth key …
More:
Engadget, 9to5Google, 9to5Google, Google Online Security Blog, SiliconANGLE, and ZDNet
| Raymond Zhong / New York Times: |
Trump's ongoing trade war with China has been a boon for Vietnam, as some tech companies, like Apple and Nintendo, consider shifting production there — Samsung already assembles half of its handsets in the country, which got a big lift from U.S. tariffs on Chinese goods. Now Apple is homing in.
More:
TechSpot and The Mac Observer
Tweets: @anupammanur, @nytimesbusiness, @anaswanson, @scottlincicome, and @zhonggg
| Richard Waters / Financial Times: |
Filings: Alphabet's cash pile reached $117B, surpassing Apple's as the world's largest for the first time in 10 years, as Apple's declined from $163B to $102B — The corporate world has a new king of cash. The title for the company with the biggest financial reserves, held by Apple for a decade … | Tim Ingham / Music Business Worldwide: |
Spotify reports 108M paying subscribers in Q2, up 31% YoY, revenue of €1.67B, up 31% YoY, and an operating loss of €3M — Spotify closed its second calendar quarter this year with 108m paying subscribers and 232m total Monthly Active Users (MAUs).| Sarah Scoles / The Verge: |
Newly-released documents on Sentient, the NRO's ambitious analysis tool meant to guide spy satellites to areas of interest, raise more questions than answers — Meet the classified artificial brain being developed by US intelligence programs — At the final session of the 2019 Space Symposium …
Tweets: @scolessarah, @alishagrauso, @verge, @scolessarah, and @daniel_bilar
| Shara Tibken / CNET: |
A look at the potential benefits of 5G in a variety of applications and services, including AR/VR, healthcare, emergency response, connected cars, and broadband — Take a five-minute walk behind Qualcomm's main office in San Diego and you'll find an unlikely kind of lab.
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