| Anna Irrera / Reuters: |
PayPal says it has started letting US customers use cryptocurrency holdings to pay millions of its online merchants globally — LONDON (Reuters) - PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay … | Noor Zainab Hussain / Reuters: |
| Jay Peters / The Verge: |
Google announces upgrades to Maps, including indoor AR directions, a new directions interface with eco-friendly driving routes, and new weather map layers — Indoor AR directions, a new directions interface, and more — Google is announcing a bunch of new features planned for Google Maps … | Chance Miller / 9to5Mac: |
Apple announces a virtual WWDC 2021 from June 7 to June 11, where iOS 15, macOS 12, watchOS 8, and more are expected — Apple has officially announced WWDC 2021. This year, the conference will take place completely virtually starting June 7. This marks the second year in a row that Apple … | Sara Fischer / Axios: |
Spotify buys app developer Betty Labs, creator of Locker Room, a live social audio app where fans can talk about sports, which Spotify plans on expanding — The acquisition will allow creators of all kinds to host anything from debates to live concerts.| Sam Byford / The Verge: |
Xiaomi announces Mi Mix Fold, its first folding phone, with an 8.01-inch 4:3 OLED display, Snapdragon 888, 5,020mAh battery, and four Harman Kardon speakers — The Mi Mix series returns — Xiaomi has resurrected its Mi Mix series with the Mi Mix Fold, the company's first commercial folding phone.| Corbin Davenport / XDA Developers: |
| Ingrid Lunden / TechCrunch: |
LinkedIn adds Creator mode for influencers, launches video Cover Stories, and extends free career training tools in partnership with Microsoft — LinkedIn, the social network now with 740 million users around the world, has carved out an identity for itself as the place online where professionals … | Ben Gilbert / Insider: |
Newly created Twitter accounts labeled as Amazon employees are defending the company amid a union drive; Amazon admitted in 2018 to paying for similar tweets — - Amazon's paid army of employee Twitter users is at it again, this time criticizing unionization.| Matt Day / Bloomberg: |
| Todd Bishop / GeekWire: |
T-Mobile will end its TVision live TV offerings, partner with Philo and YouTube TV, and make Google Messages the default messaging app for Android customers — T-Mobile will make Google Messages its default messaging app for customers on Android devices, provide new backup and storage options via … | Yogita Khatri / The Block: |
Ripple says it is acquiring a 40% stake in Asian cross-border payments company Tranglo — Crypto firm Ripple has agreed to acquire a 40% stake in Asian payments specialist Tranglo. The transaction is subject to regulatory approvals is expected to occur sometime this year.| Dan Seifert / The Verge: |
Google Nest Hub (2nd-gen) review: easy and reliable sleep tracking, improved speaker, excellent Google Photos photo frame, but too slow for everything else — The new Nest Hub is just as good at being a digital photo frame as before, but it's slow for everything else| David McLaughlin / Bloomberg: |
FTC abandons its antitrust lawsuit against Qualcomm, says it won't seek a Supreme Court review of a 2020 federal appeals court decision that acquitted Qualcomm — - FTC declines to seek Supreme Court review of monopoly case — Company was accused of abusing dominance in cell-phone chips| Tim Hardwick / MacRumors: |
Epic Games says it has filed a complaint in support of UK antitrust watchdog's ongoing investigation into Apple's alleged anti-competitive behavior — Epic Games today said it had filed a complaint to the UK's antitrust watchdog in support of the government department's ongoing investigation … | Katie Roof / Bloomberg: |
Enterprise data storage startup Cohesity announces an employee share tender offer totaling $145M, valuing the company at $3.7B, up from $2.5B last year — - Data management business launches $145 million tender offer — SoftBank Vision Fund doubling down on Cohesity investment| Debby Wu / Bloomberg: |
Foxconn reports Q4 profit of $1.61B, down 4% YoY, revenue of $70B, up 15% YoY, mainly from consumer electronics, including smartphones — - Profit fell nearly 4% despite contributions from new iPhones — Company says impact of parts shortages will be limited| Axios: |
Sources: Substack is raising $65M at a $650M valuation; a16z will lead the round — Substack is raising $65 million in new venture capital funding that would value the company at around $650 million, Axios has learned. Existing investor Andreessen Horowitz is leading the round.| Bloomberg: |
Sources: shares of ByteDance are trading at a $250B+ valuation in the secondary market; CB Insights said ByteDance's valuation was $140B in last fundraising — - Startup's valuation was $140 billion in last fundraising — Shares of ByteDance Ltd., the Chinese parent of hit video app TikTok … | Manish Singh / TechCrunch: |
Indian fintech MobiKwik is investigating after a dark web site claimed to have private info on ~100M MobiKwik users and “know your customer” docs of 3.5M users — MobiKwik said on Tuesday it was investigating claims of data breach after a website claimed to have exposed private information … | Nate Lanxon / Bloomberg: |
MessageBird, a Twilio rival, says it has spent $100M+ buying three startups: video calling firm 24sessions, data management firm Hull, and API startup Pusher — - Dutch software company agrees to buy 24sessions and Hull — MessageBird valued at $3 billion during $200 million fundraise| Andrew J. Hawkins / The Verge: |
Volvo and Aurora announce a partnership to develop fully autonomous semi trucks for North America, to be deployed on highly frequented hub-to-hub routes — Another day, another partnership — Volvo is partnering with self-driving startup Aurora on a new lineup of fully autonomous semi trucks, the companies announced.| Sarah E. Needleman / Wall Street Journal: |
Cameo, which now has 40,000 personalities, raises $100M from Vision Fund 2 and others at a $1B+ valuation, up from $300M in 2019 — The four-year-old video platform features more than 40,000 personalities but faces increased competition, potentially from Facebook| Bloomberg: |
Filing: Xiaomi will invest ~$10B over the next decade to manufacture electric cars, with an initial investment of $1.5B in smart vehicle manufacturing — - Chinese phone giant aims to outsource vehicle assembly — Market booms as prices fall, consumers embrace cleaner cars| Steve O'Hear / TechCrunch: |
European startup Everli, which lets customers order from local supermarkets for delivery, raises $100M Series C led by Verlinvest — Everli, the European marketplace for online grocery shopping that started in Italy but now also operates in Poland, Czech Republic and France, has raised a $100 million in Series C funding.| Ryan Duffy / Morning Brew: |
Bakkt launches its digital wallet app, with partners including Starbucks and Best Buy; during its five-month invite-only beta period, it garnered 500,000+ users — Trading fiat currency for crypto—or frequent flier miles for lattes — Today, Bakkt is announcing the general availability …
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| Ronan Shields / Adweek: |
| Alan Suderman / Associated Press: |
| Ax Sharma / BleepingComputer: |
| Fanny Potkin / Reuters: |