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May 14, 2021, 9:50 AM
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| BBC: |
The Irish health service shuts down its IT system after a “significant” ransomware attack that is having a severe impact on health and social care services — Ireland's health service has temporarily shut down its IT system after what it described as a “significant ransomware attack”.| BBC: |
A peer-reviewed study finds UK's NHS contact-tracing app reduced the second wave by roughly 25%, averting ~594,000 out of 1.89M cases from October-December 2020 — The NHS contact-tracing app had a significant impact on lowering the spread of the coronavirus in the UK, a peer-reviewed paper has found.
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AppleInsider, Android Authority, Nature, 9to5Mac, iMore, MediaNama, Nature, and Neowin
| Yogita Khatri / The Block: |
Tether, which claimed at launch that each tether was backed 1:1 with USD, releases a breakdown of its reserves, revealing that only 3.87% are in actual cash — Quick Take — Stablecoin issuer Tether has revealed a breakdown of its reserves. — As of March 31, 2021 …
More:
Financial Times, Protocol, Attack of the 50 Foot …, SiliconANGLE, and Forbes
Tweets: @silvermanjacob, @ahcastor, @b_eichengreen, @patio11, @mark_dow, @fxflow, @charlesarthur, and @carnage4life
| Tom Schoenberg / Bloomberg: |
Sources: Binance is under investigation by DOJ and IRS; officials involved include those who probe money laundering and tax offenses — - Justice Department, IRS seek information about crypto exchange — The federal agencies haven't accused Binance of wrongdoing| Hamish McKenzie / blog.substack.com: |
Substack acquires People & Company, which focuses on community building, to expand its support infrastructure for writers, including workshops and legal support — Writers love pie — In 2014, journalist Anna Codrea-Rado, publisher of Lance, pitched a story to editors at a major news outlet … | Lauren Feiner / CNBC: |
Google is leading an effort, supported by many tech giants, to maintain work authorization for tens of thousands of people whose spouses hold H-1B visas — - Google is leading an effort to maintain work authorization for tens of thousands of people whose spouses hold H-1B visas …
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The Verge, Engadget, Bloomberg, The Keyword, and Reuters
| Todd Spangler / Variety: |
Jeff Blackburn, an S-team Amazon exec who had departed in February, is returning as SVP of Global Media and Entertainment, overseeing Prime Video, Twitch, more — Jeff Blackburn, a former high-level Amazon exec who just recently left after more than two decades, is coming back … | The Block: |
Vitalik Buterin sells large amounts of SHIB, AKITA, and ELON tokens, sent to him by coin creators, for ~$60M worth of ETH, and donates the proceeds to charities — Quick Take — Ethereum creator Vitalik Buterin has offloaded a range of dog-themed meme tokens.| Variety: |
Disney+ misses on Q1 subscriber estimates, reaching 103.6M subscribers vs. 109.3M expected; ESPN+ subscribers rose 75% YoY to 13.8M, Hulu grew 30% YoY to 41.6M — The jets kept firing for Disney Plus, which reached 103.6 million subscribers worldwide as of April 3, the company reported … | MacKenzie Sigalos / CNBC: |
Coinbase reports Q1 revenue of $1.8B, up 207% QoQ, monthly transacting users of 6.1M, up from 2.8M last quarter, says it plans to list dogecoin in 6-8 weeks — - In Q1, Coinbase reported earnings per share of $3.05, the company reported on Wednesday. — It also brought in $1.80 billion of revenue …
More:
Decrypt, ZDNet, Bloomberg, CryptoGlobe, Cryptonews, PYMNTS.com, CoinDesk, and Wall Street Journal. Tweets: @kenziesigalos
| Christian Shepherd / Financial Times: |
Chinese regulators expand scrutiny to ride-hailing sector, warning execs from Didi Chuxing and nine other companies against price fixing and monopolizing data — Groups warned against price fixing and monopolising data ahead of expected IPO by Didi Chuxing
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Bloomberg
| Debby Wu / Bloomberg: |
Foxconn reports Q2 net profit of $1B on revenue of $48B, up 45% YoY, and says global supply crunch will worsen this quarter — - Supply shortages will be more severe in 2Q than 1Q: Liu — Hon Hai shares are down 20% from March high as crunch worsens
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9to5Mac, AppleInsider, RTÉ, and iMore
| Thomas Seal / Bloomberg: |
Amazon says it will hire 10,000 more people in the UK, taking its total headcount in the country to 55K by the end of 2021 — - Company said Thursday it would hire 75,000 logistics workers — U.K. jobs to be in London, Manchester, Edinburgh, Cambridge| Sarah Perez / TechCrunch: |
Pinterest says it will test livestreaming events this month through a three-day virtual event featuring sessions with around 21 top creators — Pinterest is expanding into live events. The company is planning to host a three-day virtual event that will feature live-streamed sessions from top creators … | CNBC: |
MasterClass, which offers celebrity-taught online classes, raises $225M Series F led by Fidelity Management, sources say at a $2.75B valuation — - MasterClass is raising $225 million in a new round of funding that it will use to launch a new enterprise business and expand internationally| Jessica Bursztynsky / CNBC: |
Bumble stock falls 14%+ on Thursday to $40.48, below its IPO price, after beating Q1 revenue expectations Wednesday but issuing a more cautious Q2 guidance — - Shares of Bumble fell sharply Thursday morning, dipping below its initial public offering price of $43 apiece, after the company reported first-quarter results.Sponsor Posts
Subquadratic:
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.
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.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Beyond productivity: Why live captions belong in every meeting — You join a meeting, someone starts talking, and within a minute, there are names, numbers, ideas, and unfamiliar terms flying around. You could ask them to repeat it.
Beyond productivity: Why live captions belong in every meeting — You join a meeting, someone starts talking, and within a minute, there are names, numbers, ideas, and unfamiliar terms flying around. You could ask them to repeat it.
IDrive:
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.
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.Featured Podcasts
Sources:
Factory CEO on why AGI is already here
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Invest Like the Best:
Noah Shinn - Building Instinct: The Personal Agent
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
The grief, loneliness, and burnout sweeping through the tech industry right now | Molly Graham
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Meta's Muse Revival, Frontier AI Under Threat, The Rise Of Dopamine Sites
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Meta's New $1300 Glasses and the Fight to Control AI
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Great Chat:
Doomers at Dreamforce
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
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