| CNBC: |
Intel CEO Bob Swan to step down in February and VMware CEO Pat Gelsinger will replace him; Intel's stock is up 9%+ — Swan was named CEO in January 2019 after serving as interim CEO for seven months.| Axios: |
YouTube says it has taken down newly posted videos from Trump for violating its policies against inciting violence and bans new uploads for a week — YouTube said Tuesday that it has taken down newly posted video content from President Trump for violating its policies against inciting violence.| Romain Dillet / TechCrunch: |
Apple announces new projects related to its $100M pledge for racial equity and justice, including a developer academy focused on Black entrepreneurs — Last June, Apple committed $100 million to a Racial Equity and Justice Initiative (REJI). Lisa Jackson, Apple's vice president of environment … | Karissa Bell / Engadget: |
TikTok makes accounts of users aged 13 to 15 private by default, limiting who can comment on the videos and how other users can download or remix their videos — TikTok is introducing a new set of “enhanced” privacy settings that restricts certain features for younger teens and changes … | Sara Fischer / Axios: |
Internal email: Google has informed its ad partners that it will block all political ads on all its platforms from January 14 — Google informed its advertising partners Wednesday that beginning Jan. 14, its platforms will block all political ads, as well as any related to the Capitol insurrection … | Nick Statt / The Verge: |
WhatsApp clarifies its new data sharing policy with Facebook, which mostly concerns businesses, after recent backlash and surge in Telegram and Signal downloads — The company is trying to contain fallout over a privacy policy update — WhatsApp has published a new FAQ page … | Gizmodo: |
GPS metadata from videos posted to Parler on Jan. 6 shows several users deep inside the Capitol; source: FBI has expressed interest in examining the data — At least several users of the far-right social network Parler appear to be among the hoard of rioters that managed to penetrate deep inside … | Jessica Bursztynsky / CNBC: |
Dropbox says it will cut about 11% of its global workforce, affecting about 315 employees, and COO Olivia Nottebohm will leave on February 5 — - Dropbox is cutting its global workforce by about 11%, the company said in an 8K filing released Wednesday. — The company's stock dropped more than 6% in the premarket.| Alex Wilhelm / TechCrunch: |
Webflow, which helps businesses build no-code websites, raises $140M Series B led by Accel and Silversmith at a $2.1B+ valuation — This morning Webflow, a software company that helps businesses build no-code websites, announced that it has raised a $140 million Series B. The round … | Zoe Schiffer / The Verge: |
Report: GitHub fired an employee who used the term “Nazis” in an internal Slack during the US Capitol riot; ~200 staff signed a letter questioning the firing — Roughly 200 employees have signed an open letter asking for answers — GitHub reportedly fired a Jewish employee … | Jeff Stone / CyberScoop: |
Europol says it has shut down DarkMarket, the largest online marketplace for illicit goods with 2,400+ vendors, and apprehended a suspect, an Australian man — German law enforcement has shut down an internet market where users bought and sold narcotics, stolen data and hacking tools, authorities said Tuesday.| Tom Warren / The Verge: |
Google says it is urgently investigating issues with Android apps that use the Android Exposure Notifications System to track the spread of COVID-19 — The Android issues are affecting coronavirus tracking apps worldwide — Google says it's working quickly to investigate issues … | Sean O'Kane / The Verge: |
Sources: Apple held talks with EV startup Canoo in 2020; Apple was largely interested in Canoo's unique scalable electric vehicle platform — As part of the Silicon Valley giant's secretive push into the automotive space — Apple held meetings with California EV startup Canoo in the first half … | Stephen Nellis / Reuters: |
Qualcomm acquires chip startup Nuvia for $1.4B, with plans to put the company's tech into its smartphone, laptop, and automotive processors — (Reuters) - Qualcomm Inc on Wednesday said it will acquire Nuvia Inc, a chip startup founded by Apple Inc veterans, for $1.4 billion … | Tony Connelly / RTÉ: |
EU's top court issues an opinion allowing GDPR complaints in any member state, which could lead to a flood of complaints against tech giants — The Advocate General of the European Court of Justice has issued an opinion that a privacy complaint against the US tech giant Facebook does … | Mary Ann Azevedo / FinLedger: |
Blend, which offers a digital lending service to banks and others, raises $300M Series G at a $3.3B valuation led by Coatue and Tiger Global Management — The round comes just five months after a $75 million Series F financing — Blend, which has developed a digital lending platform … | Gaurav Laghate / The Economic Times: |
Amazon launches a mobile-only Prime Video plan in India starting at Rs. 89, or ~$1.30, per month, in partnership with Bharti Airtel — MUMBAI: Amazon Prime Video is set to launch mobile-only subscription plans in India for its streaming service in a global first, offering Indian consumers … | Wall Street Journal: |
Visa is abandoning its $5.3B planned acquisition of fintech firm Plaid after the DOJ sued over antitrust concerns in November — Justice Department sued in November to challenge $5.3 billion deal — Visa Inc. is abandoning its $5.3 billion planned acquisition of Plaid Inc. … | Bloomberg: |
Online therapy service Talkspace agrees to merge with a SPAC in a deal worth $1.4B that provides Talkspace with $250M in funding — Online therapy provider Talkspace has agreed to merge with Hudson Executive Investment Corp., the blank-check firm run by former JPMorgan Chase & Co. executive Doug Braunstein.| Will Oremus / OneZero: |
Facebook has long embraced a “view from nowhere”, favoring political neutrality, but comments from Instagram's head suggest that agnostic stance is changing — Trump's extremism is forcing tech companies to abandon the pretense of political objectivity — for now| Ingrid Lunden / TechCrunch: |
Rapyd, which provides an API-based “fintech-as-a-service” platform, raises $300M Series D at a $2.5B post-money valuation — A wave of organizations — propelled by global Covid-19 pandemic circumstances — are moving their commercial and financial interactions online … | Phuong Nguyen / Reuters: |
| Nathaniel Popper / New York Times: |
A look at those unlucky enough to forget the password to access their bitcoin; Chainalysis says 20% of all bitcoin, or ~$140B, appears to be lost or stranded — Bitcoin owners are getting rich because the cryptocurrency has soared. But what happens when you can't tap that wealth … | Lucas Shaw / Bloomberg: |
A look at Spotify's push into podcasting as it seeks profitability: ~2M podcasts are available, up from 2,500 in 2017, and 20% of its users listen to podcasts — When Spotify went public in April 2018, Daniel Ek had been struggling with this question for more than a decade: How would the company make money?| Christine Hall / Crunchbase News: |
MX, which develops analytics tools for financial institutions, raises $300M Series C led by TPG Growth at a $1.9B valuation, taking total raised to $475M — Fintech data company MX aims to connect people with their financial data in a way that automates their “money experience.”| Kyle Wiggers / VentureBeat: |
Molecula, which is developing a cloud-based feature store for AI and machine learning workloads, raises $17.6M Series A led by Drive Capital — Molecula, which is developing a cloud-based feature store for AI and machine learning workloads, today announced it has raised $17.6 million.| Mike Butcher / TechCrunch: |
NYC-based Rho, a startup bank aimed at high-growth businesses, raises $15M Series A led by M13 Ventures — Rho Technologies, the NYC-based fintech behind Rho Business Banking, has raised a $15 million Series A round led by M13 Ventures with participation from Torch Capital, and Inspired Capital.
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