| David Priest / CNET: |
Jeff Bezos says Amazon Prime now has 200M+ subscribers, up 50M from the beginning of 2020, and Amazon's net profit in 2020 was $21.3B — A new letter to shareholders from Amazon CEO Jeff Bezos revealed that the tech giant's Prime service now has over 200 million subscribers.| 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 … | Jay Peters / The Verge: |
Google updates Earth 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 how Earth … | Mary Ann Azevedo / TechCrunch: |
Routable, which enables B2B payments by automating bill payment and invoicing processes, raises $30M Series B led by Sam Altman, and Lattice CEO Jack Altman — Several prominent tech founders also put money in the round — We all know the COVID-19 pandemic has accelerated digital adoption … | Vjeran Pavic / The Verge: |
Review of DJI's new $999 Mavic Air 2S: great for beginners with a big one-inch camera sensor but is expensive and there's a significant crop in 4K 60fps — The Mavic Air 2S's camera sensor is the same size as what you get in the higher-end Mavic 2 Pro. It's much larger than the half-inch sensor used in last year's Air 2.| Ryan Mac / @rmac18: |
| Sarah Perez / TechCrunch: |
Facebook says it is testing a News Feed feature in the US to let users tap on topics underneath posts and ads to explore content from related businesses — Facebook announced this morning it will begin testing a new experience for discovering businesses in its News Feed in the U.S. When live … | 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 … | Benjamin Mayo / 9to5Mac: |
Apple announces $200M investment fund for forest restoration projects that will develop financially viable initiatives to restore woodland areas — As part of Apple's continued environmental commitments, the company today announced a new $200 million ‘Restore Fund’ that will develop … | 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.| 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 … | Kyle Wiggers / VentureBeat: |
TetraScience, which helps life sciences companies analyze data, raises $80M Series B bringing its total raised to $88M+ — Join Transform 2021 this July 12-16. Register fo r the AI event of the year. — TetraScience, an R&D cloud data management company focused on life sciences and drug discovery … | Bloomberg: |
Federal judge overturns $506M+ in damages that Apple was ordered to pay PanOptis and related companies for willfully infringing patents covering 4G LTE tech — - Apple should be able to argue whether royalty demand was fair — U.S. judge refuses to overturn liability finding against Apple| 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 … | Lauren Feiner / CNBC: |
Tech industry group funded by Amazon, Facebook, Google, and others says it supports a corporate tax hike like the one Biden proposed in his $2T plan — - Chamber of Progress, a new tech industry group funded by giants like Amazon, Facebook and Google is announcing its support … | 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 … | 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.| 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.| 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| 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.| 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.| 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.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Do you need a Zoho Partner? Here's why working with one can benefit you. — Zoho offers over 60 applications, each one built for a unique use case. From sales and marketing to finance, HR, and customer support …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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