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May 15, 2020, 5:05 PM
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| Axios: |
Facebook to buy Giphy, keep its branding, integrate with Instagram; sources say the deal is worth ~$400M, while Giphy was valued at ~$600M in its latest round — Facebook has agreed to buy Giphy, the popular platform of sharable animated images, Axios has learned from multiple sources.
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About Facebook, GIPHY, The Information, The Verge, CNBC, AdExchanger, Daring Fireball, SiliconANGLE, Reuters, Crunchbase News, Gizmodo, Silicon Valley Business …, Digital Trends, Los Angeles Times, 9to5Mac, Android Authority, TechCrunch, Bloomberg, CNN, Tom's Guide, ZDNet, Social Media Today, Associated Press, The Next Web, XDA Developers, Android Police, Washington Post, The Mac Observer, TechSpot, Pocket-lint, SlashGear, Input, Thurrott, Neowin, TechCrunch, Wccftech, Android Headlines, Business Insider, Tubefilter, MacRumors, Adweek, iMore, NBC News, Hollywood Reporter, iDownloadBlog.com, and AppleInsider
Tweets: @giphy, @facebook, @mathewi, @xor, @williamturton, @markgurman, @sarahfrier, @alexeheath, @dhof, @mattsta, @can, @cycle_soosai, @mattlynley, @alexrkonrad, @jonfortt, @brosandprose, @wyldkard, @quinnypig, @caseynewton, @db, @jonrussell, @bafeldman, @tonyromm, @dannyjpalmer, @backlon, @leojtravis10, @hunterwalk, @pixlpa, @adamjmoussa, @bdsams, @briannekimmel, @caseynewton, @daithaigilbert, @joshelman, @rustybrick, @edzitron, @stephcd, @paulbernaluk, @wongmjane, @chronotope, @howardlindzon, @jeremysliew, @josephfcox, @tomwarren, @jason_kint, @mattlynley, @counternotions, @moonalice, @gymshortsstuds, @taylorlorenz, @stevekovach, @tuviae, @alexstamos, @sivavaid, @alexhern, @sbisson, @arctictony, @shaig, @joshconstine, @kevinroose, @alexstamos, @sarahfrier, and @taylorlorenz
| Reuters: |
US bans sales to Huawei of semiconductors and semiconductor designs made abroad using certain US software and technology — WASHINGTON (Reuters) - The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action that could ramp up tensions with China.
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U.S. Department of Commerce, CNBC, South China Morning Post, The Next Web, TechCrunch, CNN, XDA Developers, Android Authority, Wall Street Journal, Financial Times, Forbes, Gizchina, U.S. Department of Commerce, Associated Press, South China Morning Post, The Verge, Android Police, NBC Bay Area, Android Headlines, Android Central, Wccftech, and iPhone in Canada Blog
| Global Times: |
China signals it is ready to retaliate for US' Huawei ban by launching investigations or imposing restrictions on companies like Qualcomm, Cisco, and Apple — China is ready to take a series of countermeasures against a US plan to block shipments of semiconductors to Chinese telecom firm Huawei …
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Wired, New York Times, National Review, CNBC, The Mac Observer, Neowin, MacDailyNews, 9to5Mac, iPhone Hacks, AppleInsider, and iMore
Tweets: @nytimes, @indopac_info, @wiredbusiness, @teroterotero, @b_fung, @seanspicer, @pstasiatech, and @globaltimesnews
| Alex Konrad / Forbes: |
Sources: Clubhouse raised a Series A round from a16z, which includes $10M in primary capital and at least $2M in secondary shares, at a $100M valuation — Clubhouse is a voice-based social media app with about 5,000 beta test users. Prospective listeners have to sign up for a waitlist via Google form …
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Axios, The Information, Business Insider, and Keep Up With KP
Tweets: @sriramk, @jason, @fred_montagnon, @suhail, @garrytan, @nmasc_, @eliotwb, @alexrkonrad, @joshconstine, @taylorlorenz, @jason, @kwamekvamme, @ingridlunden, @willoremus, @teddyschleifer, @michelletandler, @nbashaw, @davewiner, @taylorlorenz, @alexrkonrad, @jaykapoornyc, @mdudas, @caseynewton, and @bramk. Thanks:@alexrkonrad
| Ben Lovejoy / 9to5Mac: |
Netflix begins restoring full quality streaming in Europe; Apple TV+ restored 4K streaming in late April — Netflix is gradually lifting coronavirus-related streaming quality limits in Europe. Netflix, Apple TV+, Amazon Prime Video has all complied with a European Commission request …
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FlatpanelsHD, Gizmodo UK, TechSpot, The Verge, Android Central, Neowin, Android Authority, The Next Web, and The Streamable
Tweets: @gizmodouk, @benlovejoy, @androidauth, @taxreformer, @thenextweb, and @somospostpc
| Kevin Roose / New York Times: |
Members of the anti-vaccine community are experienced at exploiting weaknesses of social media platforms and are primed to sow doubts about a COVID-19 vaccine — Social media is already filling up with misinformation about a Covid-19 vaccine, months or years before one even exists.
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Engadget, Ars Technica, and Security Affairs
Tweets: @kevinroose, @chelseaclinton, @alfiekohn, @bostonjoan, @sykescharlie, and @sachabaroncohen
| Wall Street Journal: |
Sources: DOJ and state AGs are likely to bring antitrust lawsuits against Google as soon as this summer, focusing on its ad business and search dominance — Officials at Justice Department are focused on Google's ad business, how it has used its search dominance
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CNET and Reuters
Tweets: @ivanthek, @thomasbcn, @pr1ntf, @thatarthurblake, @lutherlowe, @sgurman, @jasonzweigwsj, and @jamesvgrimaldi
| Saheli Roy Choudhury / CNBC: |
Singapore state investor Temasek joins Libra, along with cryptocurrency investor Paradigm and private equity firm Slow Ventures — - Singapore state investor Temasek is one of the latest organizations to join the Facebook-backed digital currency project libra.
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Libra.org, coinspeaker.com, and BitcoinExchangeGuide
Tweets: @r0h1n, @katie_haun, @ryan_browne_, @reuters, @mdudas, @arjunkharpal, @messaricrypto, and @davidmarcus. Thanks:@ryan_browne_
| Debby Wu / Bloomberg: |
Foxconn reports profit decline of 89% YoY to $70M in Q1 with revenue down 12% YoY, as the coronavirus froze much of its China production and demand slumped — - Hon Hai's net income dived 89% in virus-hit first quarter — Apple's main partner drives home extent of global malaise
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Reuters, 9to5Mac, Wall Street Journal, AppleInsider, South China Morning Post, iPhone in Canada Blog, Reuters, MacRumors, Philip Elmer‑DeWitt, and TechCrunch. Tweets: @bloombergasia
| Tim Hardwick / MacRumors: |
Spotify restores web player support for Safari after previously removing it in 2017 — Spotify users can once again use Safari to access the streaming service's web player, following the restoration of support for Apple's browser this week after over two-and-a-half years of incompatibility.
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9to5Mac, Appleosophy, iMore, iPhone in Canada Blog, and iDownloadBlog.com
| Bloomberg: |
Sources: AppLovin paid ~$500M for mobile game developer Machine Zone, which was valued at ~$5B during its last funding round in 2016 — - It had raised about $725 million and had $5 billion value once — Machine Zone paid for Super Bowl ad starring Kate Upton
Tweets: @arnold, @katie_roof, and @thekenyeung
| Bloomberg: |
Sources: Discord is in talks to raise new funds at a valuation of between $3B and $4B; the chat app was valued at $2B in December 2018 — Chat-tool provider Discord Inc. is in talks to raise new capital from investors at a time its business is booming because of stay-at-home orders amid the coronavirus pandemic.| Christian Lowe / Reuters: |
Amazon says it is aiming to gradually reopen its French warehouses from May 19 as it finalizes an agreement with unions and work councils — PARIS (Reuters) - Amazon said on Friday it is aiming to gradually reopen its French warehouses from May 19 as the U.S. e-commerce giant is finalizing … | Reuters: |
Indonesia to impose a 10% VAT on digital products and services sold by internet companies with a significant presence in the country, beginning July 1 — JAKARTA (Reuters) - Indonesia will require big internet companies to pay value-added tax on sales of digital products and services from July …
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news.bloombergtax.com
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