| Annie Palmer / CNBC: |
In his final letter to shareholders, Bezos says Amazon needs a better vision for its “employees' success” and he will focus on making its warehouses safer — KEY POINTS — Amazon CEO Jeff Bezos on Thursday issued his final letter to shareholders before turning the helm over to AWS CEO Andy Jassy.| NBC News: |
US sanctions Russia for 2020 election interference and SolarWinds hack, blacklisting six tech companies that provide support to Russian intelligence services — The United States is hitting Russia with fresh sanctions for interference in the 2020 presidential election … | 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.| Jay Peters / The Verge: |
Google Earth gets a big update with historical 3D time lapses that show the devastating effects of climate change, using satellite photos from the last 37 years — The new feature will be available Thursday — Google Earth is getting a new 3D time-lapse feature that lets you observe … | 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 … | Ryan Mac / @rmac18: |
| Manish Singh / TechCrunch: |
Sources: SoftBank's Vision Fund 2 is in talks to invest up to $500M in Indian food delivery service Swiggy, at a ~$5.5B valuation — SoftBank Vision Fund 2 is in advanced stages of talks to invest up to half a billion dollars into food delivery startup Swiggy, two sources familiar with the matter told TechCrunch.| 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 … | Natasha Singer / New York Times: |
International coalition of 35 children's and consumer groups calls on Mark Zuckerberg to scrap plans for an Instagram for children — An international coalition of 35 children's and consumer groups called on Instagram on Thursday to scrap its plans to develop a version of the popular photo-sharing app for users under age 13.| Mary Ann Azevedo / TechCrunch: |
Routable, which enables B2B payments, raises $30M Series B led by Sam Altman, CEO of OpenAI, and Jack Altman, CEO of Lattice — Several prominent tech founders also put money in the round — We all know the COVID-19 pandemic has accelerated digital adoption in a number of areas, particularly in the financial services space.| Financial Times: |
KKR-backed mobile gaming company AppLovin, which operates more than 200 games, raises $1.8B in its IPO, giving it a market capitalization of $28.6B — KKR-backed company to make Nasdaq debut on Thursday — AppLovin, the mobile games company that owns hits such as a Matchington Mansion and Wordscapes … | Ingrid Lunden / TechCrunch: |
Lingoda, an on-demand online language school with live instructors and Zoom classrooms, raises $68M led by Summit Partners — A startup out of Berlin that's built and grown a successful online language learning platform based around live teachers and virtual classrooms is announcing … | 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.| Ashley Carman / The Verge: |
Some Clubhouse power users discuss the app's problems with scammers, moderation issues, stolen jokes, copied room concepts, celebrity imposters, and more — Fake laughs, imposters, and scams — behind the invite-only audio app's most obsessive users — For the first time since the pandemic started … | 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.| Engadget: |
Facebook says it has reached its target of powering its global operations entirely on renewable energy; it has invested $8B in green energy projects — target to power its global operations entirely on renewable energy, though it fell shy of its end of 2020 deadline.| 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.| Terry Nguyen / Vox: |
Some Instagram accounts, such as NextShark, increasingly document incidents of anti-Asian violence that some say spurs a relentless cycle of aggregated trauma — Asian news sites like NextShark brought attention to anti-Asian racism — at the cost of circulating graphic imagery. — SHARE All sharing options| 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.| Crystal Tse / Bloomberg: |
TuSimple, which is developing autonomous trucks, raises $1.35B in its IPO, giving it a market capitalization of ~$8.5B — TuSimple Holdings Inc., which is developing autonomous trucks now on the road in Texas and Arizona, priced its initial public offering above a marketed range to raise $1.35 billion.| 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 … | 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 … | 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.
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