| Ari Levy / CNBC: |
Coinbase shares close at $328.28, valuing the company at $85.78B, down from its open of $381; Nasdaq listed shares at $250 before Wednesday's open — - Coinbase's market cap exceeded $100 billion after its debut Wednesday morning on the Nasdaq, though the stock fell later in the day.| Juli Clover / MacRumors: |
Kuo: 2022 iPhone lineup will feature two 6.1" and two 6.7" devices, no mini-sized 5.4"; high end models will have 48MP camera and 8K video capability — The upcoming 2022 iPhone lineup will feature two 6.1-inch devices and two 6.7-inch devices, with no mini-sized 5.4-inch iPhone … | Washington Post: |
Sources: Australian company Azimuth unlocked San Bernardino shooter's iPhone for FBI, using a flaw in Mozilla's open source code used for lightning accessories — Azimuth unlocked the iPhone at the center of an epic legal battle between the FBI and Apple. Now, Apple is suing the company co-founded … | Natasha Lomas / TechCrunch: |
Ireland's Data Protection Commission says it is investigating Facebook's data leak that recently resulted in personal info of 533M accounts being posted online — Facebook's lead data supervisor in the European Union has opened an investigation into whether the tech giant violated data protection rules vis … | Bloomberg: |
Profile of 23-year-old Nick Lim, who founded Vancouver-based VanwaTech, a hosting provider for white supremacist websites like Daily Stormer and 8kun — Two and a half months before extremists invaded the U.S. Capitol, the far-right wing of the internet suffered a brief collapse.| Karissa Bell / Engadget: |
Twitter says it will study any “unintentional harms” caused by its algorithms and will make the findings public as part of its Responsible ML Initiative — new plan to study the fairness of its algorithms. As part of the effort, which the company has dubbed the … | Kirsten Han / Rest of World: |
A man was fined ~$100,000 in Singapore last month for sharing a Facebook link ruled as defamation against the Prime Minister, setting a dangerous precedent — Leong Sze Hian was fined almost $100,000 for sharing a Facebook link ruled as defamation against the prime minister. It sets a dangerous precedent.| Natalie Gagliordi / ZDNet: |
Dell to spin off its stake in VMware and use the proceeds of $9.3B-$9.7B to pay down Dell's debt, expecting to close the deal in Q4; Dell stock up 8%+ — Dell sees the spin-off as a way to give each company more strategic flexibility and improve capital structure efficiencies … | New York Times: |
Hundreds of executives and companies, including Alphabet, Apple, Facebook, and Amazon, sign a statement opposing “any discriminatory legislation” around voting — Amazon, Google, G.M. and Starbucks were among those joining the biggest show of solidarity by businesses over legislation in numerous states.| Abner Li / 9to5Google: |
Google announces Assistant updates, including helping find misplaced iPhones, even those in silent mode, and improvements to online food ordering checkout — Google today announced a handful of new Assistant features, while making others more widely available.| Chris Welch / The Verge: |
Amazon unveils second-gen Echo Buds with a 20% smaller design and enhanced noise cancellation for $120 or $140 with a wireless charging case — The second-gen Echo Buds are 20 percent smaller and priced very aggressively — Amazon is today introducing its second-generation pair of Echo Buds.| Chance Miller / 9to5Mac: |
Parallels releases Desktop 16.5 with native Apple Silicon support, letting users run Windows 10 ARM Insider Preview on M1 Macs, and touts improved performance — M1 Mac users now have a new way to virtualize Windows on their machines. Parallels has officially released Parallels Desktop 16.5 today … | Sarah Perez / TechCrunch: |
Instagram says it is running a small global test to let users toggle Like counts on or off on their own or others' posts; Facebook will run a similar test — Instagram today will begin a new test around hiding Like counts on users' posts, following its experiments in this area which first began in 2019.| Nick Statt / The Verge: |
Customers describe unhappiness with Apple contractor Phobio's handling of trade-ins, with quotes for devices slashed for alleged “defects” after being sent in — When Daniel McGloin decided to trade in his mid-2017 Apple MacBook in February of this year, he thought he was getting a pretty good deal.| Andrew J. Hawkins / The Verge: |
Ford unveils BlueCruise, its “hands-free” advanced driver assist system, limited for use on 100,000 miles of highways, coming to 2021 F-150 and Mach-E in 2021 — They blue it up — Ford has a name for its “hands-free” advanced driver assist system (ADAS): BlueCruise.| David Sali / Ottawa Business Journal: |
Internal memo: three high-ranking Shopify executives, the chief technology officer, chief talent officer, and chief legal officer, are leaving in June — Three of Shopify's highest-ranking executives are leaving the Ottawa-based e-commerce giant, OBJ has learned.| Mishaal Rahman / XDA Developers: |
Leaked Android 12 build gives a look at upcoming features, including quick settings, volume panel UI, location permissions, and clipboard access notification — It's been nearly 2 months since Google released the first Android 12 developer preview, and we're expecting the third developer preview to drop at any moment.| Jeremy Kahn / Fortune: |
Scale AI, which helps companies manage data for AI applications, raises $325M at a $7.3B valuation, up from a $3.5B valuation in December 2020 — Subscribe to Eye on A.I. for expert weekly analysis on the intersection of artificial intelligence and industry, delivered free to your inbox.| Michael Sheetz / CNBC: |
Astranis, which is developing small, low-cost satellites to provide broadband internet, raises $250M Series C at a $1.4B valuation led by BlackRock — - Astranis, a San Francisco-based company with an alternative approach to providing internet access from satellites, closed new funding to ramp up production.| Amy Feldman / Forbes: |
Benchling, which provides cloud-based software to manage biotech R&D, raises $200M led by Sequoia Capital Global Equities at $4B valuation, 5x its value in May — Sajith Wickramasekara was just 24 when he made the cut for the Forbes 30 Under 30 list for his biotech R&D startup, Benchling.| Richa Naidu / Reuters: |
How Walmart's Marketplace, which grew from six third-party sellers in 2014 to ~70K in 2020, is competing with Amazon, as some worry Walmart's system is stressed — CHICAGO (Reuters) - Between 2009 and 2014, Walmart's Marketplace business, where outside merchants hawk everything from baby blankets … | Taylor Soper / GeekWire: |
Seeq, a data analytics startup focused on the manufacturing industry, raises $50M Series C led by Insight Partners, bringing its total raise to ~$115M — New funding: Seattle startup Seeq raised $50 million in a Series C round. — Seeq's software: Founded in 2012, Seeq's analytics software … | Wall Street Journal: |
Federal regulators say hospitals and health insurers can't use code that hides healthcare pricing data from web searches — The guidance regarding insurers' required posting of healthcare prices came after The Wall Street Journal revealed hospitals used such coding on their price pages| Wall Street Journal: |
Sources detail how Amazon uses its power across markets to compel vendors in one market to accept its terms in others, including threatening punitive action — A heavyweight in retail, cloud computing, digital advertising, streaming and smart speakers, the tech giant compels vendors in one market to engage with it in others| Stephanie Yang / Wall Street Journal: |
China's antitrust watchdog publishes strikingly similar statements from 12 companies, including ByteDance and JD.com, pledging compliance with antimonopoly laws — Days after a record fine against Alibaba, China's tech companies have pledged to adhere to antimonopoly regulations| Sarah Perez / TechCrunch: |
TrillerNet, parent of TikTok competitor Triller, acquires customer engagement platform Amplify.AI and combat sports streaming and events service FITE TV — Would be TikTok competitor Triller, operated by parent company TrillerNet, is gaining a new CEO, the company announced today.
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| Dieter Bohn / The Verge: |