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April 15, 2020, 10:45 AM
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WeSmirchTop News
| Miles Kruppa / Financial Times: |
Sources: Airbnb raises another $1B in debt from investors including Apollo Global and Silver Lake, after raising a similar $1B funding round last week — New debt finance deal comes a week after an equal-sized funding round to help weather crisis — Airbnb is raising $1bn of senior debt …
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Bloomberg, Airbnb Newsroom, CNBC, The Verge, The Next Web, Reuters, South China Morning Post, Yahoo Finance, Axios, Silicon Republic, and Business Insider
Tweets: @gilliantan, @lisaabramowicz1, @dee_bosa, @bullyesq, @mdudas, and @johnmiddlekauff
| Annie Palmer / CNBC: |
Amazon will cut commission rates for its affiliate program starting April 21; amount of drop dependent on category, rates for grocery products dropping 5% to 1% — - Amazon on Tuesday told members of its affiliates program that it will cut commission rates beginning April 21.
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The Verge, Engadget, PYMNTS.com, The Digital Reader, and Variety
| Kurt Wagner / Bloomberg: |
Houseparty has seen 50M signups in the past month and has been the most downloaded social networking app in the US App Store every day since March 20 — Sima Sistani has been getting through the coronavirus outbreak's shelter-in-place order the past month in many of the same ways others have … | Monica Nickelsburg / GeekWire: |
Washington AG Bob Ferguson sues Facebook, saying the company violated its commitment to not sell political ads in the state — Washington Attorney General Bob Ferguson filed a new lawsuit against Facebook claiming the social network continues to violate state laws governing political ad disclosures.
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The Seattle Times, The Hill, TechCrunch, The Stranger, The Olympian, One America News Network, r/announcements, MediaNama, and The Verge
Tweets: @wagop and @seattletimes
| Ben Thompson / Stratechery: |
The coronavirus crisis underscores the power and dominance of big tech companies, and that novel legislative approaches are required to regulate them — Apple and Google, who last Friday jointly | announced new capabilities for contact tracing coronavirus carriers at scale …
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STAT, Yahoo Finance, Forrester, AdExchanger, Telecoms.com, Silicon Canals, Fast Company, OneZero , SC Media, eWeek, and LarrysWorld.com
Tweets: @carnage4life, @njodal, @sethjberman, @ahmed, and @stratechery
| Zoe Schiffer / The Verge: |
Medium's opaque moderation of user-created content related to COVID-19 has allowed misinfo to spread, making it harder to tell fact from fiction on the platform — The platform empowers voices — and misinformation — On March 20th, an article about the novel coronavirus started to spread.
Tweets: @zoeschiffer, @reckless, @niemanlab, and @knguyen
| Bryan Menegus / Gizmodo: |
Amazon says a manager at a facility in California died of COVID-19 on March 31, its first warehouse worker death; Amazon claims worker contracted virus offsite — A worker at an Amazon facility in California has died after contracting covid-19, the disease caused by the novel coronavirus.
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CNBC, Business Insider, GeekWire, Ars Technica, The Guardian, Business Insider, Adweek, SiliconANGLE, Reuters, and GameSpot
Tweets: @kateconger, @naomiaklein, @sensanders, @jptormey, @richardtrumka, @kateconger, @joshdzieza, and @buzzfeednews
| Ryne Hager / Android Police: |
Nest will temporarily reduce the recording quality of its security cameras by default to reduce bandwidth impact amid COVID-19, users can easily revert change — Google is temporarily dropping Nest camera recording quality and bandwidth over the next few days in an attempt to reduce strain on ISPs and the internet in general.
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TechCrunch, Android Authority, 9to5Google, The Verge, MacRumors, Cult of Mac, Engadget, Mashable, and CNET
Tweets: @richdemuro and @caseynewton
| Kanishka Singh / Reuters: |
Self-driving car startup Zoox agrees to settle lawsuit with Tesla over misappropriation of trade secrets, requiring it to pay an undisclosed amount — (Reuters) - Zoox Inc said on Tuesday it had settled a lawsuit with Tesla Inc (TSLA.O) after admitting that some new hires from the electric carmaker …
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Engadget
| Romain Dillet / TechCrunch: |
Slite, which lets employees collect and organize documentation, share documents, and create a shared company handbook, raises $11M Series A led by Spark Capital — French startup Slite has raised an $11 million Series A round led by Spark Capital with existing investors also participating.
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Tech.eu, VentureBeat, and Silicon Canals
| Ingrid Lunden / TechCrunch: |
Onfido, which provides a two-step online identity verification service, raises $100M led by TPG Growth, bringing its total raised to $200M — Contactless transactions have become a major priority at a time when people all around the world are minimising their contact with others outside …
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SiliconANGLE, Axios, ZDNet, VentureBeat, Crunchbase News, and Enterprise Times
| Bloomberg: |
Animal Crossing: New Horizons, released on March 20 for Switch after a delay, is the big hit of the lockdown, with 3M+ domestic US sales, not including digital — In the past three weeks, millions of people locked up at home and tired of scanning coronavirus headlines have sought solace …
More:
The Atlantic, Numlock News, The Verge, and VICE
Tweets: @quicktake, @aaronvalue, and @cartridgegames
| Kyle Wiggers / VentureBeat: |
Biocatch, which provides an AI-backed behavioral biometrics service to protect digital identities, raises $145M Series C led by Bain Capital Tech Opportunities — Behavioral biometrics startup BioCatch today announced it has raised $145 million, bringing its total raised to $175 million.
More:
TechCrunch, Business Insider, and Barron's Online
| Mathew Di Salvo / Decrypt: |
G20 watchdog says stablecoins could undermine financial stability and that major world economies must implement a regulatory framework to confront the risk — Stablecoins could undermine financial stability and major world economies must confront this risk by implementing a suitable regulatory framework …
More:
Reuters, Crypto Briefing, The Block, and CoinDesk
Tweets: @diaryofamademan, @ryansadams, @anndylian, @bitcoingeorge, @bneiluj, and @ganeshhiremath
| Paul Sawers / VentureBeat: |
Awake Security, which analyzes network traffic to identify and assess internal and external threats, raises $36M Series C led by Evolution Equity Partners — Awake Security, a cybersecurity platform that analyzes network traffic to identify and assess internal and external threats … | Wolfie Zhao / CoinDesk: |
China is ready to launch its first domestic blockchain platform, Blockchain Service Network, for application development; platform hints at global expansion — China is about to launch its national blockchain platform, part of the country's grand strategy to lead the digital transformation of the world economy.
Tweets: @coindesk and @androidsaint
| FinSMEs: |
Push Technology, which provides real-time data streaming and messaging services, raises £10M Series A led by Maven Capital Partners — Push Technology, a Los Gatos, CA- and Belfast, Northern Ireland-based provider of real-time data streaming and messaging solutions, completed a £10m Series A round of financing.| Manish Singh / TechCrunch: |
Indian logistics SaaS startup FarEye raises $25M Series D led by Microsoft's M12, bringing its total raised to $40M — More than 150 e-commerce and delivery companies globally use an Indian logistics startup's service to work out the optimum way before they ship items to their customers.| Monica Chin / The Verge: |
Dell XPS 13 (2020) review: beautiful design, standout keyboard and touchpad, more than adequate for gaming, but bad webcam and limited port selection — Dell improves upon an already winning formula — Every time a new XPS 13 comes out, the question is always the same: is it still the best Windows thin-and-light laptop?| Lucas Matney / TechCrunch: |
Nifty Games, which is partnering with NFL and NBA to publish officially licensed games, raises $12M Series A led by March Capital Partners — Nifty Games is aiming to reshape the mobile gaming strategies of national sports leagues, partnering with associations like the NFL and NBA …
More:
FinSMEs and VentureBeat
| Hugh Langley / Business Insider: |
In letter to senators, Verily says it has tested 7,390 people for COVID-19 as of April 9, less than a month after site launch, will keep Google login mandatory — - Google's Verily division has been screening and testing participants for COVID-19, but lawmakers are concerned over how it is collecting and using people's data.
Tweets: @gregbensinger
| Andrei Frumusanu / AnandTech: |
OnePlus debuts $699 OnePlus 8, $899 OnePlus 8 Pro with high-refresh 6.55" and 6.78" AMOLED hole-punch screens, WiFi 6, on-screen fingerprint readers, more — As the world is in quarantine, smartphone companies aren't standing still and are still moving forward with their new product launches.
More:
Android Central, International Business Times, Wired, The Verge, Android Central, Android Police, ZDNet, CNET, 9to5Google, ZDNet, and TechCrunch
| Dieter Bohn / The Verge: |
| Jon Porter / The Verge: |
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XDA Developers, Android Police, TechRepublic, CNET, 9to5Google, The Verge, Pocketables, Android Police, Android Authority, and Gizmodo
Tweets: @evanrodgers, @inputmag, @joshuatopolsky, @techradar, and @mattswider
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