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December 9, 2020, 7:05 PM
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| Federal Trade Commission: |
FTC, in coalition with 46 state AGs, plus Guam and DC, sues Facebook, alleging Instagram and WhatsApp acquisitions were used to stifle competition — Agency challenges Facebook's multi-year course of unlawful conduct — The Federal Trade Commission today sued Facebook …
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Federal Trade Commission, New York Times, About Facebook, Wall Street Journal, NBC News, Ars Technica, CNBC, CNET, The Verge, OneZero , AdExchanger, Tom's Hardware, International Business Times, Protocol, Thurrott, TechCrunch, Business Insider, MIT Technology Review, Politico, Gizmodo, Washington Post, Forbes, BBC, GeekWire, The Hill, MacRumors, VICE, CNET, The Next Web, BuzzFeed News, 9to5Mac, AppleInsider, Engadget, PC Gamer, ABC News, Axios, Business Insider, Axios, Ubergizmo, The Logic, Neowin, IGN, Road to VR, Vanity Fair, Social Media Today, Newser, Android Central, iMore, Tom's Guide, Mashable, PYMNTS.com, Apple Terminal, Politico, iDownloadBlog.com, Input, MSPoweruser, Bloomberg, Quartz, The Wrap, SlashGear, and Axios
Tweets: @fbnewsroom, @sarahfrier, @newyorkstateag, @edmundlee, @mikeisaac, @caseynewton, @mikeisaac, @chopraftc, @hawleymo, @chopraftc, @alexstamos, @mattmfm, @calebjhull, @chillmage, @marietjeschaake, @wongmjane, @ceciliakang, @thomasphi2, @ashk4n, @evan_greer, @alecstapp, @walthickey, @karlbode, @repkenbuck, @yashalevine, @emmalbriant, @migueldeicaza, @rmac18, @shiraovide, @rachelbovard, @rmac18, @hypervisible, @tonyromm, @ftc, @ftc, @alexstamos, @ftc, @karlbode, @jhoff10, @kantrowitz, @ftc, @alexstamos, @xor, @ow, @jordannovet, @ericnewcomer, @will_doran, @caseynewton, @karlbode, @jannwolfe, @benedictevans, @chopraftc, @edbott, @ftc, @dannycrichton, @karlbode, @ftc, @alexeheath, @rmac18, @chopraftc, @alexstamos, @kantrowitz, @ftc, @ftc, @shiringhaffary, @ftc, and @joshsternberg
| The Verge: |
FTC's antitrust lawsuit against Facebook seeks to unwind Instagram and WhatsApp acquisitions, force Facebook to seek approval for future acquisitions, and more — New York Attorney General Letitia James announced the lawsuit on Wednesday — On Wednesday, New York Attorney General Letitia James announced …
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TechCrunch, Japan Today, Politico, Android Police, The Guardian, Associated Press, Bloomberg, ExtremeTech, Techdirt, The Mac Observer, Financial Times, and Agence France-Presse
Tweets: @caseynewton, @colorofchange, @film_girl, @martinsfp, @sal19, @ow, @film_girl, @caseynewton, @ow, @chopraftc, @film_girl, @film_girl, @rustybrick, @tayhatmaker, @joannastern, @will_duffield, @benedictevans, and @sal19
| NY State Attorney General: |
New York AG Letitia James leads a coalition of 48 AGs in suing Facebook, alleging the company uses a “buy or bury” approach toward its competitors — AG James Leads Bipartisan Coalition of 48 Attorneys General Charging Anticompetitive Conduct — Facebook Thwarted Competition, Reduced Consumer Privacy for Profits
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NY Attorney General, CNN, NPR, The Verge, news.com.au, Gizmodo, TechCrunch, Protocol, Fast Company, Pocket-lint, Android Headlines, Deadline, State of Delaware News, DW.COM, New York Post, State of California, NC DOJ, and azag.gov
Tweets: @newyorkstateag, @newyorkstateag, @agbecerra, @jowens510, @ilattygeneral, @chopraftc, @ncago, @generalbrnovich, and @kantrowitz
| Kurt Wagner / Bloomberg: |
A look at Facebook's plans to monetize WhatsApp, which makes virtually no money at present, by facilitating business transactions, a shift away from ads — On the final day of November, Facebook Inc. announced it had bought a customer service software startup most people had never heard of …
Tweets: @kurtwagner8, @kurtwagner8, @ripplo, @secretcapital_, @tweetinjules, @kurtwagner8, and @kurtwagner8
| Ina Fried / Axios: |
Internal memo: Sundar Pichai apologizes over the handling of AI ethics researcher Timnit Gebru's departure and says he will investigate — Google CEO Sundar Pichai apologized Wednesday for the company's handling of the departure of AI ethics researcher Timnit Gebru and said he would investigate …
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Bloomberg, New York Times, CNN, Wired, NPR, The Gradient, TechCrunch, The Verge, Engadget, CNET, and CNBC
Tweets: @inafried, @dinabass, @mer__edith, @timnitgebru, @kevinroose, @axios, @wired, and @bobbyallyn. Thanks:@inafried
| Chance Miller / 9to5Mac: |
Microsoft says its cloud gaming service, as part of Xbox Game Pass Ultimate, will come to iOS via web browser in spring of 2021 — Microsoft has confirmed that Xbox cloud gaming is coming to iOS in 2021. In a new blog post today, the company says that cloud gaming as part of Xbox Game Pass Ultimate …
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Xbox Wire, The Verge, Gizmodo, Android Police, Windows Central, Android Headlines, ExtremeTech, Gamasutra, Tom's Hardware, BGR, BBC, Macworld, TechCrunch, Engadget, MacRumors, 9to5Google, and Digital Trends
Tweets: @onmsft and @aarongreenberg
| YouTube Official Blog: |
YouTube says it will remove any content published from today that alleges widespread fraud or errors changed the 2020 US Presidential election outcome — Over the past weeks and months, we've seen people coming to YouTube to learn more about where and how to vote or learning more about a candidate or an issue.
More:
Reuters, Social Media Today, CNBC, Engadget, CNN, and The Wrap
Tweets: @nathantbernard, @youtubeinsider, @b_fung, @b_fung, @beccalew, @passantino, @brianklaas, and @katestarbird
| Sara Fischer / Axios: |
WhatsApp says that Apple's new privacy labels are anti-competitive; Apple responds by confirming its own apps will include the “nutrition labels” — Facebook's global messaging service WhatsApp is protesting Apple's requirement that app owners submit information about the user data …
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WhatsApp, CNBC, Gizmodo, The Verge, HotHardware.com News, AppleInsider, 9to5Mac, iMore, Michael Tsai, MacRumors, iPhone Hacks, TechSpot, iPhone in Canada Blog, SlashGear, and Engadget
Tweets: @sarafischer, @stevekovach, @martinsfp, @joannastern, @tonyromm, @fosspatents, and @martinsfp
| Jessica Bursztynsky / CNBC: |
DoorDash closes at $189.51, up 85% from its $102 pricing, after popping to $182 as the shares began trading, giving a valuation of $60.2B — - Shares of DoorDash, a leading food delivery app, started trading on the New York Stock Exchange on Wednesday. — The stock began trading at $182 per share and closed at $189.51.
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Wall Street Journal, TechCrunch, PR Newswire, Fortune, CNET, Reuters, Bloomberg, Financial Times, Chicago Sun Times, Fast Company, Axios, CNBC, Los Angeles Times, Financial Times, Fortune, PYMNTS.com, New York Post, TheStreet, Forbes, iPhone in Canada Blog, Crunchbase News, PYMNTS.com, Washington Post, Fortune, The Next Web, New York Times, The Guardian, PYMNTS.com, and Silicon Valley Business …
| Byron Tau / Wall Street Journal: |
Apple and Google to ban mobile apps that use location trackers from data broker X-Mode, after it was revealed X-Mode provided data to US government contractors — After the data broker came under scrutiny for national-security work, tech giants tell app developers to remove trackers or lose access to their operating systems| Ben Lovejoy / 9to5Mac: |
Report: four former Apple employees say the company was aware of Chinese labor law violations by its suppliers but took no action to avoid product delays — Three former members of the Apple Supplier Responsibility team say Apple was complicit in labor law violations in China.
Source:
The Information. More:
Bloomberg, iMore, iPhone Hacks, AppleInsider, Philip Elmer‑DeWitt, and Patently Apple. Tweets: @waynema
| Bloomberg: |
AI services provider C3.ai closes up 120.2% on its first day of trading, valuing the company at ~$8.9B, after raising $651M in its IPO — C3.ai Inc., the software maker founded by former Oracle Corp. executive Tom Siebel, rose as much as 174% in its trading debut after raising $651 million …
More:
Bloomberg, Crunchbase News, PYMNTS.com, Fortune, Silicon Valley Business …, SiliconANGLE, and CNBC
| Kellen Browning / New York Times: |
Twitch unveils new guidelines to crack down on hateful conduct and sexual harassment, following a yearlong review, which take effect in January — The livestreaming site announced new guidelines after contending with claims that its streamers were too easily abused.
More:
Twitch Blog, CNN, Forbes, Engadget, Fast Company, TechCrunch, Rock, Paper, Shotgun, Variety, Kotaku, dexerto.com, The Verge, and GamesIndustry.biz
Tweets: @twitch, @kerrymflynn, @kellen_browning, and @sarahdanielstv
| Sarah Perez / TechCrunch: |
App Annie: consumers will have downloaded 130B apps globally in 2020, up 10% YoY, as spending rose 25% YoY to $112B; 65¢ of every $1 was spent on iOS — Consumers will have downloaded 130 billion apps in 2020 across iOS and Google Play, up 10% year-over-year, according to mobile data …
More:
App Annie, AppleInsider, Social Media Today, and The Next Web
| Kyle Hyatt / Roadshow: |
Report: Hyundai Motor Group has agreed to purchase Boston Dynamics, maker of the Spot quadruped robot, from SoftBank for around $921M — The acquisition has been expected since early November. … Hey, remember those deeply unsettling robot dogs that have been creeping out the internet for years and recently went into production?
More:
Gizmodo, The Robot Report, and The Korea Economic …
| Natasha Mascarenhas / TechCrunch: |
Squire, which develops software for barbershops, raises $59M Series C led by Iconiq Capital at a $250M valuation, just months after raising a $34M Series B — Squire, a startup that sells software to barbershops, has raised $59 million in a round led by Iconiq Capital.| Nicole Lee / Engadget: |
Amazon begins rolling out a new Fire TV UI with user profiles, a simpler design, and more — Back when Amazon announced its latest Fire TV products — namely, the third-generation Fire TV Stick ($40) and the Fire TV Stick Lite ($30) — it also said it was going to roll out a new Fire TV interface this year.| Emil Protalinski / VentureBeat: |
Google says it will compel Chrome extensions to display privacy practices and limit data that developers can collect from January 18, 2021, ahead of Chrome 88 — At Chrome Dev Summit 2020 today, Google announced it will change how extensions access data and how extension permissions work in 2021.
More:
The Keyword, Chromium Blog, Chromium Blog, Android Police, 9to5Google, GitHub, Thurrott, Engadget, Chromium Blog, TechCrunch, 9to5Google, SiliconANGLE, Chrome Unboxed, Android Headlines, CNET, Neowin, XDA Developers, 9to5Google, and Engadget
Tweets: @campuscodi and @campuscodi
| Danny Nelson / CoinDesk: |
France unveils sweeping know-your-customer rules for cryptocurrency firms operating in and servicing the country and plans more rules on crypto transactions — The French Ministry of Finance unveiled sweeping know-your-customer requirements on all cryptocurrency companies operating … | Eric Newcomer / Newcomer: |
Sources: Altimeter Capital invested $150M-$200M in Cockroach Labs at a $2B valuation and $150M-$200M in workflow automation company Workato at a $1.7B valuation — Cockroach and Workato secretly raised pricey rounds from Altimeter. I explore funky happenings in early stage investing.
Tweets: @ericnewcomer and @ericnewcomer
| Luisa Beltran / Barron's Online: |
Adtech company PubMatic, which develops infrastructure for programmatic ads, raises $118M in its IPO and hits a high of $33.16 after pricing shares at $20 — With all eyes on DoorDash's mammoth $3.37 billion offering, PubMatic made its public equity markets debut Wednesday. Shares soared nearly 59%.| Kyle Wiggers / VentureBeat: |
Parallel Domain, which is developing a synthetic data generation tool for accelerating the development of computer vision tech, raises $11M Series A — Parallel Domain, a startup developing a synthetic data generation platform for AI and machine learning applications, today emerged from stealth with $11 million in funding.
More:
PR Newswire
| David Jeans / Forbes: |
Wiz, which helps companies identify cybersecurity threats across a cloud network, raises $100M Series A led by Index Ventures at an estimated $500M valuation — In March, as the Covid-19 pandemic was sweeping the globe, Assaf Rappaport was pushing hard to convince major companies …
More:
Dark Reading, PR Newswire, FinSMEs, and SecurityWeek
| Sifted: |
Atomico report: European tech startups are on track to receive a record $41B in VC funding in 2020, driven by fintech and SaaS startups — Despite the upheavals and uncertainties, 2020 is on track to be a record year for the amount of capital invested into European tech.| Cat Zakrzewski / Washington Post: |
Facebook removed at least nine Pages, including one with 16M+ followers, that spread coordinated health misinformation, after being flagged by a think tank — Facebook just took down prominent pages that were directing their millions of followers to false claims about the coronavirus, the flu vaccine, and other health issues.| Ian Allison / CoinDesk: |
Latin American crypto exchange Bitso raises $62M Series B led by QED Investors and Kaszek Ventures, following a $15M Series A in October 2019 — Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm.
More:
Business Wire, TechCrunch, Crunchbase News, Crowdfund Insider, The Defiant, Cryptonews, Forbes, and The Block
Tweets: @zackseward and @arturo_p_a
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FireEye. Tweets: @nicoleperlroth, @dalperovitch, @dalperovitch, @dnvolz, @dnvolz, @markwarner, and @x0rz