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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 …
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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 …
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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:
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Zoho:
Introducing Zoho TouchPoint: Every handshake deserves a next step — Here's a scene you've probably experienced. You spend a day at an event, talk to dozens of people, and come home with a stack of business cards.
Introducing Zoho TouchPoint: Every handshake deserves a next step — Here's a scene you've probably experienced. You spend a day at an event, talk to dozens of people, and come home with a stack of business cards.
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.
WebBrain:
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.Featured Podcasts
Big Technology Podcast:
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Machine Gods:
The 10 Biggest Losers from Jensen Huang's Fall + The METR Report That Scared Us
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
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The Upstarts Podcast:
The $1.4B Startup Deciding What You See When You Shop Online | Sequen's Zoë Weil
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Too soon to call it a vibe shift?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Channels with Peter Kafka:
Encore: Chuck Klosterman on Why Football Owns TV (and Why It Won't Forever)
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.
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Invest Like the Best:
Zach Reitano - Building Ro and Why Healthcare Should Be 50% of GDP
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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