June 11, 2020, 8:20 AM

Top News

Ari Levy / CNBC:
Amazon says it will ban police from using Rekognition for one year, says Congress “appears ready” to place stronger regulations on facial recognition tech  —  - Amazon said on Wednesday that it's putting in place a one-year moratorium on police use of Rekognition.
Just Eat Takeaway confirms it is acquiring Grubhub in an all-stock deal; the deal has an equity value of $7.3B  —  - Deal creates one of world's largest food-delivery companies  — Dutch company offered to pay $75.15 per share for Grubhub  —  Europe's Just Eat NV agreed …
Dieter Bohn / The Verge:
Google releases Android 11 Beta 1 for Pixel phones, with updates to messaging notifications, ability for message threads to pop out in bubbles, and more  —  The Android 11 beta is available now for Pixel phones  —  Today, Google is releasing the Android 11 beta for Pixel phones.
Bethany Allen-Ebrahimian / Axios:
US-based Chinese activists say Zoom closed their paid account after event commemorating Tiananmen; Zoom says it was complying with local law, has reactivated it  —  The U.S. video-conferencing company Zoom closed the account of a group of prominent U.S.-based Chinese activists after they held …
Cyrus Farivar / NBC News:
California regulatory agency for transportation formally rules that it considers Uber and Lyft drivers as employees of those companies under AB5 state law  —  OAKLAND, Calif. —The California Public Utilities Commission, the state government body responsible for licensing and regulating …
Michael Potuck / 9to5Mac:
Apple becomes the first company to reach a market cap of $1.5T+  —  AAPL shares have crossed another major milestone with the market cap hitting over $1.5 trillion during trading today.  The growth makes it the first US company to reach the achievement.  —  Just last week we saw AAPL pushing closer …
Bradley Chambers / 9to5Mac:
Apple says it will discontinue iBooks Author, which will no longer be updated, in July 2020 and iTunes U, its educational resources portal, at the end of 2021  —  I have previously written about my frustration With iBooks Author and iTunes U, and Apple has now announced both of these products …
Stephen Shankland / CNET:
Amid protests, a movement swells to update widely-used tech terms for hard drives, camera flashes, and databases, like whitelist/blacklist and master/slave  —  During Black Lives Matter protests, a movement grows to update terms used with hard drives, camera flashes and databases.
Nitasha Tiku / Washington Post:
Black tech founders say VCs should move past diversity theater, addressing the lack of top-level black investors and investment in black-run startups  —  There's a dearth of black investors in venture capital's upper echelons and little investment in start-ups with black founders
Paul Sawers / VentureBeat:
Postman, which helps developers build, test, and iterate their APIs, raises $150M Series C led by Insight Partners at a $2B valuation  —  Postman, a collaborative platform where developers can build, test, and iterate their application programming interfaces (APIs), has raised $150 million …
More: TechCrunch
Romain Dillet / TechCrunch:
French startup iBanFirst, which enables SMBs do cross-border payments in 30 currencies, raises €21M Series C led by Elaia and Bpifrance's Large Venture fund  —  French startup iBanFirst has raised a $23.8 million (€21 million) Series C round from Elaia and Bpifrance's Large Venture fund.
Steve O'Hear / TechCrunch:
Paris-based Alkemics, which lets brands collaborate and launch products with retailers, raises €21M Series C led by Highland Europe  —  Alkemics, the Paris-based platform that lets brands collaborate and launch products with retailers, has picked up €21 million in a Series C funding.
Heather Landi / FierceHealthcare:
PatientPing, which helps health providers coordinate patient care by sending admission/discharge notifications, raises $60M Series C from a16z, GV, and others  —  PatientPing, a company that “pings” health providers when one of their patients receives care at another facility, scored a $60 million Series C funding round.
Sources: Facebook is establishing a venture arm to invest in startups, has hired a head of investments for the New Product Experimentation team  —  Facebook has been hiring seasoned tech investors to help lead a new “multi-million dollar” investment fund within its experimental apps team, Axios has learned.
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