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March 3, 2020, 7:08 AM
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| 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.
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Business Insider, ZDNet, The Verge, Twitter, Reuters, International Business Times, Protocol, Geek.com, Los Angeles Times, Silicon Republic, SXSW, Barron's Online, GeekWire, CNET, CNN, and Engadget
Tweets: @sxsw, @avibryant, @mat, @digitalla, and @carlquintanilla
| Olivia Carville / Bloomberg: |
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Business Insider, TechSpot, Reuters, and SiliconANGLE
| 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.
Source:
Wall Street Journal. More:
Tom's Guide, 9to5Mac, iDownloadBlog.com, iPhone Hacks, MacDailyNews, and 9to5Mac
Tweets: @newley, @robert_spalding, @rupasubramanya, @mdudas, @jchengwsj, @wsj, @carlquintanilla, @wsmco, @jchengwsj, @gerryshih, @jchengwsj, and @jchengwsj
| 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.
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Protocol, CNBC, Waypoint, Crunchbase News, WRAL TechWire, New York Times, Reuters, The Last Driver License Holder, SiliconANGLE, TheStreet, CNN, Axios, Engadget, Ars Technica, 9to5Google, Silicon Valley Business …, SlashGear, and Associated Press
Tweets: @waymo, @stevekovach, @katies, @ronamadeo, @lebeaucarnews, @sundarpichai, @ericjhonsa, @gwestr, @mhbergen, @stevekovach, and @johnkrafcik
| 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.
More:
The Keyword, Gotta Be Mobile, Ars Technica, Gizmodo, Input, KnowTechie, Lifehacker, and PCWorld. Tweets: @madebygoogle
| 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.| 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 …
More:
Barron's Online, iMore, MacDailyNews, and coinspeaker.com
Tweets: @davezatz, @gregbensinger, and @heytammybruce
| 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 …
Tweets: @chadloder, @theintercept, @jvagle, and @theintercept
| 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.| 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.
More:
Facebook Engineering, Messenger News, Mashable, Daring Fireball, The Independent, Daily Mail, The Verge, Thurrott, CNET, Engadget, ZDNet, Neowin, MSPoweruser, 9to5Mac, BetaNews, and The Next Web
Tweets: @sandofsky, @dhh, @mengxilu, @koush, @jota, @wongmjane, @fb_engineering, @cmuratori, @browniefed, @krausefx, @tomocchino, @schemetrical, and @kantrowitz. Thanks:@technologizer
| 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
More:
TechCrunch, CNBC, coinspeaker.com, SiliconANGLE, Gizmodo, Los Angeles Times, and PYMNTS.com
Tweets: @bw, @guruleaks1, @markets, @bloombergasia, @mikeisaac, @carnage4life, @yoda, @finplan, @leimer, @danberger, and @shaig
| Jonathan Stempel / Reuters: |
Apple agrees to pay up to $500M to settle a US class-action lawsuit accusing it of quietly slowing down older iPhones — (Reuters) - Apple Inc (AAPL.O) has agreed to pay up to $500 million to settle litigation accusing it of quietly slowing down older iPhones as it launched new models …
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Bloomberg Law, ZDNet, The Sun, Telecoms.com, Engadget, TechCrunch, Wired, Ubergizmo, The Next Web, TechRadar.com, SiliconANGLE, Digital Trends, TechSpot, Vox, International Business Times, Telegraph, Neowin, PYMNTS.com, iPhone in Canada Blog, Business Insider, SlashGear, and BGR
Tweets: @machinerypete, @jeffjohnroberts, and @obarcala
| Brian Deagon / Investor's Business Daily: |
JD.com beats estimates with Q4 net revenue of $24.5B, up 26.6% YoY, says it expects Q1 revenue to increase “at least 10%” YoY to ~$19.09B amid COVID-19 concerns — Shares of China e-commerce giant JD.com (JD) shot up Monday after the company reported better-than-expected fourth-quarter results.
| 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.| 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.Thanks:@steveranger
| 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 …
More:
Public Blog, Cheddar, Fox Business, and Variety
| Lily Hay Newman / Wired: |
How a security analyst sent his mother to a state correctional facility with fake credentials to plant malicious USB drives, resulting in the director using one — Security analyst John Strand had a contract to test a correctional facility's defenses. He sent the best person for the job: his mother.
Tweets: @condenast and @kimzetter
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