| Jay Peters / The Verge: |
Facebook and Twitter pull out of the SXSW conference citing COVID-19 concerns; event organisers say the conference is proceeding as planned — Twitter pulled out earlier today — Facebook has pulled out of the upcoming SXSW conference in Austin, TX, according to a company statement given to Business Insider.| Kyle Wiggers / VentureBeat: |
Waymo raises $2.25B from Silver Lake, Andreessen Horowitz, parent-company Alphabet, and others to scale up its autonomous vehicles operations — Waymo, the autonomous vehicles division of Google parent company Alphabet, just got a massive capital infusion from a coterie of investors.| Juli Clover / MacRumors: |
Report: senior management at Apple rebuffed some operations execs' suggestion to relocate part of its manufacturing from China to Vietnam as early as 2015 — Production on Apple's devices has been stymied in recent weeks due to delays caused by the coronavirus outbreak in China.| Bloomberg: |
iPhone maker Foxconn says it expects its Chinese plants to begin operating normally by the end of March, after the disruption caused by the coronavirus — - Hon Hai says its facilities are at 50% seasonal capacity — The epidemic has disrupted Apple's finely tuned supply chain| Catalin Cimpanu / ZDNet: |
US sanctions two Chinese nationals for allegedly laundering cryptocurrency for North Korea's Lazarus Group, which has hacked two crypto exchanges since 2018 — UPDATE: The Department of Justice has also indicted the two Chinese nationals on money laundering-related charges.| Harry McCracken / Fast Company: |
Behind Facebook's rewrite of Messenger, going live today, that has shrunk the iOS app's size from 130MB to 30MB and its codebase from 1.7M to 360K lines of code — To make its iPhone messaging app run better—especially on older phones—Facebook rewrote it from the ground up. The new version is going live now.| Sarah Perez / TechCrunch: |
Google updates Pixel phones with new Motion Sense gesture controls, emoji, AR effects, car crash detection for its Personal Safety app, photo and video features — One of the benefits of owning a Pixel smartphone is that it improves over time as Pixels are first to receive updates that deliver the latest fixes and improvements.| CNBC: |
Apple shares rose 9.3% Monday, closing at $298.81, with the Dow up 5.1% and Nasdaq up 4.5%, as the market rebounded from last week's coronavirus-fueled selloff — Tim Anderson: I don't see how cutting rates is going to solve problem — Stocks rose sharply in volatile trading on Monday … | Sam Biddle / The Intercept: |
ACLU sues ICE for its algorithm used to recommend if people arrested for immigration violations should be let go, argues it's rigged to detain nearly everyone — In 2013, U.S. Immigration and Customs Enforcement quietly began using a software tool to recommend whether people arrested … | Natalie Gagliordi / ZDNet: |
BMC to acquire its longtime mainframe software competitor Compuware from Thoma Bravo for an undisclosed sum; Thoma Bravo bought Compuware in 2014 for $2.4B — Together they plan to focus on mainframe operations, cybersecurity, application development, data, and storage.| Brian Deagon / Investor's Business Daily: |
| Mary Ann Azevedo / Crunchbase News: |
Public, a stock investing app that allows users to buy fractions of shares, raises $15M Series B led by Accel and Greycroft, bringing total raised to ~$24M — Investing in the stock market can be intimidating for many. It can also be difficult for those who don't have tons of extra cash … | Catalin Cimpanu / ZDNet: |
A look at Cryptolaemus, a group of security researchers and administrators fighting the Emotet malware, currently one of the most dangerous malware operations — A private group of 20+ security researchers and system administrators have been waging a silent war against Emotet, today's most dangerous malware operation.| Bloomberg: |
Robinhood says it experienced a “system-wide outage” Monday that affected “all functionalities” on the platform — - Issue has been identified and fix is under way, company says — Some customers of online broker couldn't access their accounts| Larry Dignan / ZDNet: |
Honeywell says it will launch a quantum computer within three months with a quantum volume of at least 64, the world's most powerful quantum computer — Under Honeywell's quantum plans, customers will connect directly to systems housed by the company. Honeywell will use quantum computing … | Mary Ann Azevedo / Crunchbase News: |
Procore, provider of construction management software, files for IPO, reveals revenue of $289.2M in 2019, up 55% YoY, on net loss of $83.1M vs. $56.7M in 2018 — Late Friday afternoon, construction management software provider Procore Technologies filed an S-1 with the U.S. Securities and Exchange Commission.
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