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May 16, 2020, 3:55 AM
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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, Ars Technica, The Information, The Verge, CNBC, Crunchbase News, Reuters, Silicon Valley Business …, Digital Trends, Unique Business Models, Gizchina, Tom's Guide, Ubergizmo, Daring Fireball, AdExchanger, SiliconANGLE, Social Media Today, Gizmodo, Input, Adweek, Tubefilter, Android Authority, SlashGear, 9to5Mac, The Daily Dot, Los Angeles Times, TechCrunch, The Mac Observer, TechSpot, Wccftech, The Next Web, CNN, Neowin, Pocket-lint, Washington Post, XDA Developers, Android Headlines, MacRumors, Thurrott, Business Insider, TechCrunch, iMore, Hollywood Reporter, NBC News, and ZDNet
Tweets: @giphy, @vivekxk, @facebook, @mathewi, @telegram, @alexstamos, @dhof, @alexeheath, @cycle_soosai, @mattlynley, @alexrkonrad, @brosandprose, @wyldkard, @caseynewton, @db, @jonrussell, @bafeldman, @tonyromm, @dannyjpalmer, @backlon, @leojtravis10, @mikeisaac, @hunterwalk, @pixlpa, @mattsta, @adamjmoussa, @quinnypig, @bdsams, @bigblackjacobin, @briannekimmel, @caseynewton, @daithaigilbert, @sarahfrier, @joshelman, @rustybrick, @edzitron, @stephcd, @paulbernaluk, @wongmjane, @howardlindzon, @jeremysliew, @markgurman, @josephfcox, @axios, @tomwarren, @jason_kint, @mattlynley, @danielbru, @counternotions, @moonalice, @gymshortsstuds, @taylorlorenz, @stevekovach, @tuviae, @mrbrown, @senblumenthal, @sivavaid, @alexhern, @arctictony, @seldo, @shaig, @gregghoush, @joshconstine, @janelytv, @kevinroose, @alexstamos, @sarahfrier, and @taylorlorenz
| Owen Williams / OneZero : |
Facebook's purchase of Giphy gives FB insight into how and where gifs are shared outside of its own apps, including device IDs and keystrokes in Giphy tools — GIPHY joins Facebook's data collection arsenal — Facebook announced on Friday that it will buy Giphy, a popular GIF search engine …
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Wired, Bloomberg, TechCrunch, Reclaim The Net, and SlashGear
Tweets: @xor, @moxie, @williamturton, @can, @jonfortt, @quinnypig, @willoremus, @jamespmcleod, @ozm, @chronotope, @sbisson, @justicar, and @willoremus
| Issie Lapowsky / Protocol: |
John Borthwick, one of Giphy's early investors and board members, describes how the Facebook deal came about and says talks began in late March — Giphy investor John Borthwick on why the $400 million deal made sense and what this means for the company's other integrations.| 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 — Both the federal and state investigations are focused on Google's ad business — WASHINGTON—Both the Justice Department and a group …
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New York Times, The Verge, CNBC, Reuters, Associated Press, Forbes, Business Insider, Android Authority, 9to5Google, Axios, Politico, CNET, Engadget, PYMNTS.com, and Digital Trends
Tweets: @nedryun, @pr1ntf, @sgurman, @creativefuture, @lutherlowe, @thatarthurblake, @stefanmolyneux, @ivanthek, @jasonzweigwsj, @thomasbcn, and @jamesvgrimaldi
| 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, TechCrunch, TalkAndroid.com, CNBC, The Next Web, Wall Street Journal, Android Authority, XDA Developers, Reuters, Gizchina, Gizmodo, TechSpot, Android Headlines, South China Morning Post, Financial Times, iPhone in Canada Blog, The Verge, Android Police, Android Central, NBC Bay Area, Associated Press, and MacDailyNews
| 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 … | 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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The Information, Axios, Business Insider, and Keep Up With KP
Tweets: @alexrkonrad, @suhail, @eliotwb, @joshmedia, @nmasc_, @michelletandler, @joshconstine, @jason, @jason, @sriramk, @kwamekvamme, @ingridlunden, @willoremus, @mikeisaac, @teddyschleifer, @fred_montagnon, @taylorlorenz, @nbashaw, @garrytan, @davewiner, @taylorlorenz, @alexrkonrad, @gemmamilne, @jaykapoornyc, @mdudas, @caseynewton, and @bramk. Thanks:@alexrkonrad
| Brian Heater / TechCrunch: |
NPD: consumer spending on video gaming in the US hit a record $10.86B between January and March, up 9% YoY, with sales from video game content up 11% to $9.58B — New numbers from NPD confirm what we've known for a while: the first quarter of 2020 was a very good one for gaming companies.
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NPD Group, Bloomberg, VentureBeat, Android Headlines, CNET, The Verge, Dot Esports, and IGN. Tweets: @asteroid_saku
| Natasha Lomas / TechCrunch: |
An overview of key challenges that need to be addressed to make Europe's various COVID-19 contact tracing apps interoperable for cross-border travel — A major question mark attached to national coronavirus contact-tracing apps is whether they will function when citizens of one country travel to another.
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The Guardian
| Tim Hardwick / MacRumors: |
Spotify restores web player support for Safari after 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.| Stratechery: |
Forcing Facebook and Google to pay for news could lead to uncritical reporting on tech; better approaches would tackle roots of media woes, including ad markets — Exponent — as promised! — will be back tomorrow, talking about podcasting, Spotify, and working from home. — On to the update:| 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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Gizmodo UK, The Verge, Android Central, TechSpot, Neowin, The Next Web, and Android Authority
Tweets: @gizmodouk, @benlovejoy, @androidauth, @taxreformer, @thenextweb, and @somospostpc
| 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.
Tweets: @katie_roof and @gilliantan
| Wired: |
Facebook's reluctance to fact-check conspiracy theories is based on an outdated “backfire” theory; experiments show fact-checks and debunkings are effective — The biggest social network in the world has the wrong idea for how to fight Covid-19 conspiracies.
Tweets: @wired, @mantzarlis, and @brooklynmarie
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