| Anne Steele / Wall Street Journal: |
In a letter to artists, Apple says it pays a penny per stream, roughly double Spotify, which pays an average of about one-third to half a penny per stream — Streaming services open up about artist payouts, seeking to win credibility and subscribers — Apple Music told artists it pays … | Jem Aswad / Variety: |
Looking at payment per stream metrics for music streaming services can be misleading when considering artist pay, as many factors determine streaming royalties — Early Friday, Apple Music sent a carefully worded letter to artists, music labels and publishers that briefly explained … | Dieter Bohn / The Verge: |
Firefox and major Chromium browsers like Edge, Opera, Brave, and Vivaldi are not joining FLoC, Google's proposed ad technology to replace third-party cookies — Brave, Vivaldi, Edge, and Mozilla are all out — Google is going it alone with its proposed advertising technology to replace third-party cookies.| Cristiano Lima / Politico: |
Facebook Oversight Board, which had 90 days to review Trump's indefinite suspension, delays its decision to “the coming weeks”, citing immense public interest — Facebook suspended the former president's account in the wake of the Jan. 6 siege on the Capitol.| Spencer Soper / Bloomberg: |
Sources: Amazon is planning a furniture service that would require drivers to assemble items and take them back on the spot if the customer isn't satisfied — - Service expansion to appliances could target Home Depot, Lowes — Online furniture sales grew 41% in pandemic to $36.1 billion| Ryan Browne / CNBC: |
Dogecoin, the cryptocurrency that started out as a joke in 2013, now has a market cap of $40B+ after growing nearly 400%+ in the past seven days — - Dogecoin is a cryptocurrency based on the “Doge” meme, which rose to popularity in late 2013. It started out as a joke.| Stacie Sherman / Bloomberg: |
Governor Andrew Cuomo signs a bill requiring all ISPs in New York to offer basic broadband access to low-income families for no more than $15 a month — - Law caps basic internet service at $15 a month in New York — Universal access was key priority of commission led by Schmidt| Annie Palmer / CNBC: |
Sources detail Amazon's tactics during the Alabama union campaign, including “captive audience meetings”, as workers explain why the union was unconvincing — - Last week, workers at one of Amazon's Alabama warehouses overwhelmingly voted against joining the Retail … | The Information: |
Source: Dapper Labs, maker of NFT-focused NBA Top Shot, is raising a new round at a $7.5B+ valuation, just a few weeks after raising $305M at a $2.6B valuation — The rush of enthusiasm for blockchain-based collectives is driving an extraordinary surge of investor interest in Dapper Labs … | Sean Lyngaas / CyberScoop: |
US federal judge sentences Fedir Hladyr, an administrator of the multibillion-dollar cybercrime group known as FIN7, to 10 years in prison — The court sentenced FIN7 suspect Fedir Hladyr to (Photo by Jason Redmond / AFP) ( ) A U.S. federal judge on Friday sentenced Fedir Hladyr to 10 years … | Alex Heath / The Information: |
Sources: group messaging app IRL is in talks to raise $50M+ at a $1B valuation; the company was last valued at $100M in September — Group messaging app IRL is in talks to raise more than $50 million at a $1 billion valuation, 10 times the level of its last round, according to two people familiar with the matter.| Associated Press: |
Microsoft removes Positive Technologies from a list of vendors it gives early access to vulnerability info; IBM also lists Positive as a security partner — The Treasury Department on Thursday slapped six Russian technology companies with sanctions for supporting Kremlin intelligence agencies engaged in … | NBC News: |
| Patrick Howell O'Neill / MIT Technology Review: |
| Alex Wilhelm / TechCrunch: |
Squarespace files for a direct listing on NYSE, says it had revenues of $621.1M in 2020, up 28% YoY, net income of $30.6M, and operating cash flow of $150M — Today Squarespace, a well-known software-and-hosting provider for SMB websites, released its S-1 filing.| Alex Konrad / Forbes: |
Interview with Initialized Capital's Garry Tan on the firm's seed investment in Coinbase, Ohanian's departure, building a presence on social media, and more — Covering venture capital, software and startups — In March 2012, Garry Tan received an email from the founder of a new startup called Bitbank, Brian Armstrong.| Natasha Lomas / TechCrunch: |
Ireland-based digital rights group begins “mass action” to sue Facebook over 2019 breach, citing the right to monetary compensation set out in the GDPR — Facebook is to be sued in Europe over the major leak of user data that dates back to 2019 but which only came to light recently … | Natasha Mascarenhas / TechCrunch: |
Outschool, a marketplace for online after-school classes, raises $75M Series C led by Coatue and Tiger Global at a $1.3B valuation, up from $320M in Sep. 2020 — The after-school class marketplace brings on Coatue and Tiger Global as investors — Outschool, a marketplace providing small-group … | Ece Toksabay / Reuters: |
Turkey's central bank bans the use of cryptocurrencies and crypto assets to pay for goods and services directly or indirectly — Bitcoin tumbled more than 4% on Friday after Turkey's central bank banned the use of cryptocurrencies and crypto assets for purchases citing possible “irreparable” damage and transaction risks.
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