| Thomas Franck / CNBC: |
US Treasury announces it will require any cryptocurrency transfers worth $10,000+ to be reported to the IRS, saying cryptocurrencies pose a tax evasion risk — - The Treasury Department announced that it will require any transfer worth $10,000 or more to be reported to the IRS.| The Verge: |
Twitter is rolling out its new verification program, with revamped categories that include activists and journalists, and previews upcoming changes to profiles — It also previewed potential changes coming to profiles — Twitter is relaunching its public verification program, allowing anyone to apply for a coveted blue check mark.| Jason Rosenthal / The Keyword: |
Google is opening its first ever physical retail store in New York this summer, letting users buy Pixel phones, Nest products, Fitbit devices, more — Today, we're announcing our plans to open Google's first ever physical retail store, in one of the greatest cities in the world: New York.| Alex Heath / The Verge: |
Snap unveils its first AR glasses, with four built-in microphones, two stereo speakers, and a touchpad, and says it will test them with some AR effects creators — The fourth-gen glasses have built-in AR displays — Snap's new Spectacles glasses are its most ambitious yet.| Kerry Flynn / CNN: |
Snapchat says 5,400+ creators earned $130M in total via its Spotlight incentive program and it will stop giving away $1M per day to creators starting June 1 — New York (CNN Business)When Snap took on TikTok, it didn't just release a copycat product. It distributed $1 million every … | Jacob Krol / CNN: |
Apple TV 4K (2021) review: faster than competition and the new Siri Remote is very good with a power button and easy-to-use click wheel, but very expensive — Like the refresh of the iPad Pros, the updates to the Apple TV 4K are all internal, namely new hardware that leads to an overall speedier experience.| Bloomberg: |
Sources: CNA Financial, one of the largest insurance companies in the US, paid $40M in late March to regain control of its network after a ransomware attack — CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network … | Echo Wang / Reuters: |
ByteDance co-founder Zhang Yiming says he's stepping down as CEO to “daydream about what may be possible”; co-founder and HR head Liang Rubo will become new CEO — (Reuters) -Zhang Yiming, co-founder of TikTok owner ByteDance, told employees of the Chinese technology giant … | Jason Del Rey / Vox: |
Internal Amazon messages show that FTC pressure to act against sellers using fake-review schemes may have led to bans of sellers tied to electronics brand Mpow — One of the takedowns involves the large Chinese electronics brand Mpow. — Amazon recently banned some sellers … | Sarah Perez / TechCrunch: |
Apple launches an affiliate program for paid podcast subscriptions, letting users earn a one-time commission of 50% of a podcast's monthly subscription price — Apple last month unveiled its plans for paid podcast subscriptions in a newly redesigned Apple Podcasts app.| Sarah Perez / TechCrunch: |
Spotify partners with Audible rival Storytel, allowing the latter's subscribers to listen to books on Spotify; Storytel has 500K titles and 1.6M subscribers — Spotify is further expanding into audiobooks — but not in the way you may think. The company today announced a new partnership … | S. Shah / Engadget: |
Opera is testing its gaming-focused browser Opera GX on iOS and Android; Opera GX had 9M+ monthly active gamers across Windows and Mac as of March, up 190% YoY — desktop browser for gamers to further distinguish itself from Google Chrome. Over the following months and years … | Katie Roof / Bloomberg: |
Enterprise video messaging service Loom raises $130M led by a16z at a valuation of $1.53B, and says it now has 10M users across 120K businesses — - Andreessen Horowitz, Kleiner, Sequoia join $130 million round — Work-from-home accelerated Loom's video messaging growth| Ingrid Lunden / TechCrunch: |
Berlin-based Trade Republic, a zero-commission “neo-broker” app, raises $900M Series C led by Sequoia at a $5.3B valuation — Consumers are moving into investing to complement — or in some cases, offset — less good returns from things like traditional savings accounts … | Mark Gurman / Bloomberg: |
Apple implies that Epic may be serving as a stalking horse for Microsoft, seeks an adverse credibility finding for Xbox exec Lori Wright, in Wednesday's filing — - Company says 5 Epic Games witnesses have ties to Microsoft — Apple and Microsoft rivalrly has gathered steam due to trial| Ian Sherr / CNET: |
| Cassidy Ritter / Built In Austin: |
Austin-based Hearth, which lets contractors quote house repair projects as monthly payments, raises $23M Series B, bringing its total raised to $51M — When the winter storm blew through Texas earlier this year, hundreds of homeowners were faced with pricy, unexpected home repair costs.| Natasha Mascarenhas / TechCrunch: |
Maven, which helps professionals teach cohort-based classes, has raised $20M Series A led by Andreessen Horowitz — Maven, a startup that helps professionals teach cohort-based classes, has raised $20 million in a Series A round led by Andreessen Horowitz.| Maggie Fitzgerald / CNBC: |
Robinhood announces IPO Access, which will let retail investors buy shares of companies at their IPO price before trading begins on public exchanges — - Robinhood said it is giving retail investors access to IPO shares. — Retail traders typically don't have a vehicle to buy … | Paul Sawers / VentureBeat: |
Pitch, which develops collaborative presentation software, raises $85M Series B led by Lakestar and Tiger Global — Elevate your enterprise data technology and strategy at Transform 2021. — Collaborative presentation platform Pitch today announced it has raised $85 million in a series B round … | Bloomberg: |
Figure, which uses blockchain tech to provide home equity loans, raises $200M at a valuation of $3.2B; Figure is founded by ex-SoFi CEO Mike Cagney — - Blockchain-based startup raised $200 million from investors — CEO Cagney says goal is for Provenance to supplant Ethereum
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| David Cohen / Adweek: |
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