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February 9, 2021, 3:50 AM
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| Sarah E. Needleman / Wall Street Journal: |
Reddit has raised a Series E of over $250M led by Vy Capital at a $6B valuation, doubling in value since its last funding round in February 2019 — Its WallStreetBets community played a prominent role in recent stock-trading frenzy — Reddit Inc. doubled its valuation to $6 billion …
More:
Upvoted, New York Times, TechCrunch, The Economic Times, Financial Times, Insider, CoinDesk, Axios, and Bloomberg
Tweets: @moneyries, @megancgraham, @srussolillo, @kenwattana, @jyarow, @jhanlon, @minimaxir, @scottnover, @alexweprin, and @mikeisaac
| Manuel Vonau / Android Police: |
Barcode Scanner, a now-removed Google Play Pass app that was installed 10M+ times, issued a malicious update; its developer has other apps in the Play Store — Google's reign over the Play Store often feels arbitrary, with legitimate apps disappearing for bogus reasons like out-of-context words or images while malware is striving.| Jason Koebler / VICE: |
Police say a computer in a water treatment plant in FL, set up for remote access, was breached; the intruder tried raising sodium hydroxide levels in the water — The hacker tried to drastically increase sodium hydroxide levels in the water, Pinellas County, Florida, officials said on Monday.
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Tampa Bay Times, wtsp.com, Wired, Reuters, New York Times, ZDNet, CNN, BBC, CyberScoop, Graham Cluley, Engadget, Fast Company, SecurityWeek, NBC News, Bloomberg, Gizmodo, BleepingComputer, Mashable, iTnews, Input, Dark Reading, and New York Post
Tweets: @marcorubio, @peterpham, @martinsfp, @lachlan, @henrykrinkie, @tb_times, @zackwhittaker, @milleridriss, @a_greenberg, @garygrumbach, @jesserodriguez, @_ainikki, @zackwhittaker, @stephenmendez_, @lorenzofb, @wthrcom, @briankrebs, @zackwhittaker, @spauldingsez, @chrislhayes, @scontorno, and @kimzetter
| Ashley Carman / The Verge: |
Sources: Mark Cuban is co-founding Fireside, a podcast app where hosts can talk to fans live and monetize their conversations, with plans to launch this year — Fireside is launching this year — Mark Cuban is getting in on the audio and podcasting hype.
More:
Insider, SlashGear, and 9to5Mac
| Liam Tung / ZDNet: |
Programming language Rust is now backed by the Rust Foundation, a new independent organization that will make it easier to accept financing beyond Mozilla — The Rust programming language now has its own foundation that's independent from Mozilla. — Programming language Rust now has the backing …
More:
Rust Foundation, The Mozilla Blog, and Open Source Blog
Tweets: @rseroter, @maryjofoley, @kmett, @mjasay, and @mozhacks
| Taha Broach / The 8-Bit: |
In the iOS 14.5 beta, Apple has finally added the ability to set a default music streaming service, including Spotify, when using Siri to play songs — Apple launched the initial beta versions of iOS 14.5 to developers and public beta testers last week. Among the list of new features …
More:
MacRumors, The Verge, 9to5Mac, The Next Web, The Overspill, Pocket-lint, phonearena.com, iMore, BGR, Mashable, Input, Pocketnow, Trusted Reviews, and Neowin
Tweets: @tomwarren, @bzamayo, @viticci, @backlon, and @caseynewton
| Chance Miller / 9to5Mac: |
A developer is exposing scam lookalike apps that are flourishing on the App Store, fueled by lax enforcement and fake reviews, after his own app was targeted — Over the last several weeks, developer Kosta Eleftheriou has been highlighting many apparent scam applications on the App Store.
More:
The Verge, Slashdot, and iPhone in Canada Blog
Tweets: @keleftheriou, @keleftheriou, @keleftheriou, @marcoarment, @drbarnard, @keleftheriou, @dhh, @watchchatinfo, @keleftheriou, @gernot, @drbarnard, @chancehmiller, @iphoneincanada, @dhh, @keleftheriou, @drbarnard, @dhh, @dhh, @keleftheriou, @stevestreeting, @drbarnard, @drbarnard, @dhh, @sethsandler, @charlesarthur, @drbarnard, @keleftheriou, @karissabe, @elkmovie, @keleftheriou, @nickrosstech, @ourielohayon, @sethsandler, and @simonnickel
| Financial Times: |
EU lawmakers are considering regulations that would force Facebook and Google to pay for news content on their platforms, echoing a similar move in Australia — Move by MEPs would strengthen hand of publishers against Google and Facebook — EU lawmakers overseeing new digital regulation …
More:
CNBC, Australian Financial Review, Crikey, Observer, Yathink, and The New Daily
Tweets: @jason_kint, @itiswhatitisguy, @rustybrick, @susansmithaus, @lanceulanoff, @mrkrudd, @timkarr, @jason_kint, @cathybeitz, @robertm94357343, @mshannahmurphy, @moonalice, @warwickpauld, @shiannonc, @martinsignoux, @kyler_ig, @warwickpauld, @quentindempster, @bernardkeane, @benedictevans, @tonywalker1, @jmcduling, @themiacat, and @abcmediawatch
| Mike Isaac / New York Times: |
Facebook expands policies to take down more posts with vaccine-related misinformation, including assertions that vaccines cause autism — Facebook said on Monday that it plans to remove posts with erroneous claims about vaccines from across its platform, including taking down assertions …
More:
About Facebook, Media Matters for America, The Verge, Axios, JOE.co.uk, Platformer, theepochtimes.com, The Guardian, The Times of Israel, SBS News, ABC News, TheBlaze, Pocketnow, Insider, Mashable, CNN, and Social Media Today
Tweets: @mikeisaac, @jessreports, @zeynep, @mikeisaac, @fbnewsroom, @zeynep, @oliverdarcy, @theresa_chapple, @mikeisaac, @jigolden, @timmarchman, @chr1sa, @stevekovach, @alexberenson, @repmarkpocan, @janelytv, @ahmedbaba_, @zeynep, @ericsturrock, @ethank, @issielapowsky, @evelyndouek, @instagramcomms, @loisbeckett, @caro1inehaskins, @nytimes, @hannahmeisel, @mosseri, @sree, @sarahfrier, @kuzmanovica, @owenthomas, @alistaircoleman, @emorwee, @drtedros, @lululemew, and @cnn
| Kurt Wagner / Bloomberg: |
Sources: Twitter is building subscription products to ease its dependence on ads, including “tipping” for exclusive content and charging for TweetDeck — - Internal groups are researching options users might pay for — Social network says ‘revenue durability’ is now top priority
More:
The Verge, The Hill, Android Central, dexerto.com, PYMNTS.com, SlashGear, and iPhone in Canada Blog
Tweets: @kurtwagner8, @bcarr, @tonyromm, @ourielohayon, @alex, @joelcifer, @mathewi, @caseynewton, @mcwm, @mikeisaac, @backlon, @thetomzone, @martinsfp, @trengriffin, @sanatgersappa, @rafat, @jaycuthrell, @theromit, and @unclewilco
| Jem Aswad / Variety: |
Universal Music Group unveils a global agreement with TikTok, days after pulling its music catalog from TikTok-rival Triller — Via the agreement, which covers recorded music from artists at UMG's labels and songwriters with Universal Music Publishing Group, “TikTok users will be more empowered … | Sarah E. Needleman / Wall Street Journal: |
Electronic Arts to acquire Glu Mobile, best known for its popular game Kim Kardashian: Hollywood, in $2.4B deal, a 36% premium to Glu's closing price on Friday — The videogame giant looks to expand its presence in mobile gaming, where it has had mixed success
More:
VentureBeat, Electronic Arts, GamesIndustry.biz, Engadget, Insider, Bloomberg, Agence France-Presse, Gematsu, IGN, Variety, Reuters, Digital Trends, Gamasutra, The Verge, Android Central, TheStreet, and Pulse 2.0
Tweets: @serkantoto and @anshelsag
| Bloomberg: |
Industry executives warn of severe chip shortages to make phones and game consoles, amid excessive stockpiling of chips by companies like Huawei and Apple — - The dearth of supply is deepening as Apple, China hoard chips — Worsening crunch could impact sectors well beyond automaking| Nikhilesh De / CoinDesk: |
Documents show Binance dropped the defamation lawsuit against Forbes it filed in November 2020, but did not give a reason for the withdrawal — The exchange did not say in its latest filing why it withdrew the case, at least for now. — Binance Holdings, the world's largest cryptocurrency exchange … | Steve Kovach / CNBC: |
Filing: Tesla has bought $1.5B worth of bitcoin and says it will start accepting bitcoin as a payment method for its products in the future — - Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin. — The company also said it would start accepting bitcoin as a payment method for its products.| Mitchell Clark / The Verge: |
Steam is now officially available in China; the Chinese version of the platform has around 40 gaming titles and another 10 or so listed as coming soon — Room for a billion more gamers — Though the international version of Steam has been available in China for years … | Daphne Leprince-Ringuet / ZDNet: |
An EU-commissioned study estimates that in 2018, the economic impact of open source software on the bloc stood between €65B and €95B — A new report finds that open-source technologies have huge potential, but it is still largely untapped. — For most developers who are familiar … | Gene Maddaus / Variety: |
DOJ drops out of a lawsuit seeking to block CA from enacting its own net neutrality law; the case will still proceed with backing from various industry groups — In a signal of things to come from the Biden administration, the Justice Department on Monday dropped out of a lawsuit that seeks …
More:
Ars Technica, Wall Street Journal, MarketWatch, Slashdot, Gizmodo, Bloomberg Law, and The Verge
| Gareth Corfield / The Register: |
UK Court of Appeal rules that UK prosecutors can use messages uncovered when French and Dutch police hacked EncroChat as evidence against criminal defendants — That's the Snoopers' Charter in action for you — British prosecutors can make use of evidence gathered by the French …
More:
Liverpool Echo, BBC, and ComputerWeekly.com
| Bloomberg: |
SoftBank's Vision Fund hires Nagraj Kashyap, the head of Microsoft's M12 VC fund, as managing partner, its first major addition following a spate of departures — SoftBank Group Corp.'s Vision Fund is hiring the head of Microsoft Corp.'s venture capital business as managing partner …
More:
Wall Street Journal, Axios, GeekWire, and Tech in Asia
| Mark Gurman / Bloomberg: |
Sources: Apple's Dan Riccio is focusing on future VR and AR devices, and the group working on in-house screens and cameras is now under chip chief Johny Srouji — - Apple moves team working on own screens, cameras to Srouji — Riccio left top hardware job recently to work on ‘new project’
More:
Pocket-lint, BGR, Ars Technica, Input, Redmond Pie, and MUO
Tweets: @markgurman, @colinplamondon, @j_shepz, @raywongy, and @lanceulanoff
| Rest of World: |
The possible Grab-Gojek merger has alarmed SE Asian labor groups, who fear the merger will provide little incentive to improve the working conditions of drivers — When Grab drivers in Ho Chi Minh City gathered late last year to protest against the ride-hailing company's new fee structure …
Tweets: @_meher and @findingsen
| TechCrunch: |
Clubhouse is now blocked in China after an uncensored period during which it grew rapidly — Thousands of Chinese users suddenly found themselves unable to access Clubhouse on early Monday evening as the country prepared to start the week-long Lunar New Year holiday.
More:
New York Times, globaltimes.cn, SupChina, Slashdot, The Hill, MediaNama, and Medium
Tweets: @ceciliakang, @amyyqin, @crtejada, @msmelchen, @tculpan, and @hkglobalconnect
| Saritha Rai / Bloomberg: |
Profile of Dixon Technologies, an India-based electronics manufacturing company that is valued at $2.8B+ and has the capacity to produce 50M smartphones in 2021 — - Dixon Technologies has increased phone sales with local demand — Prime minister has made manufacturing a cornerstone of agenda
Tweets: @sunandavashisht, @saritharai, @jaskiratsb, and @business
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