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May 27, 2021, 5:55 PM
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| Bloomberg: |
Sources: Nintendo plans to announce an upgraded Switch ahead of the June E3 conference and release it in September or October, for more than the original's $299 — - Announcement of new Switch could be made ahead of June's E3 — Suppliers say Nintendo likely to price new model above $299
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Eurogamer.net, Input, Gamasutra, Ubergizmo, KnowTechie, Techaeris, MUO, Dot Esports, Laptop Mag, thegamer.com, Pocket-lint, dexerto.com, PCMag, iPhone in Canada Blog, Digital Trends, GamesIndustry.biz, GameSpot, HotHardware.com News, Micky, VG247, Neowin, Protocol, XDA Developers, SlashGear, OnMSFT.com, techadvisor.com, Polygon, SegmentNext, GameRevolution, TechSpot, iMore, Tom's Guide, Game Rant, Forbes, Insider, SamMobile, CNET, Wccftech, mobilesyrup.com, Engadget, Video Games Chronicle, GamingBolt, MSPoweruser, IGN India, and Press Start
Tweets: @casey, @kopter__, @futterish, @crazyreyn, and @wario64
| Joseph Cox / VICE: |
Sources detail Citizen's efforts to cash in on vigilantism, including flooding users with notifications to make them anxious enough to buy its premium service — Internal documents, messages, and roadmaps show how crime app Citizen is pushing the boundary of what a private, app-enabled vigilante force may be capable of.
More:
CBS News and CNN
Tweets: @jason_koebler, @mountain_goats, @narcomania, @groundgamela, @writhing_south, @rothschildmd, @baddestmamajama, @zenalbatross, @daithaigilbert, @isosteph, @flexlibris, @broderick, @alan_maguire, @caseyho, @alexdecampi, @caseynewton, @brianmcc, @josephfcox, @caseynewton, @mhbergen, @emanuelmaiberg, @josephfcox, @davidbix, @mjgault, @williamturton, @josephfcox, @jeffvandermeer, @lorenzofb, @tomwarren, @timmarchman, @lorenzofb, @samaugustdean, @katiedrumm, @mikeptraffic, and @samleecole
| Eric Newcomer / Newcomer: |
Sources: a16z is targeting $2B for its third crypto fund; a16z raised $515M for its second crypto-focused fund in 2020 — Andreessen Horowitz's third crypto fund is in talks to raise $2 billion. — Andreessen Horowitz is in the process of tripling down on crypto, raising its third crypto fund since 2018.
Tweets: @jon_ftx, @mattzeitlin, and @ericnewcomer
| Eric Newcomer / Newcomer: |
Sources: TTYL, the company that created Poparazzi, raises $20M Series A led by Benchmark; Andreesen Horowitz also competed to lead the round — Benchmark tops Andreessen Horowitz in pursuit of buzzy photo sharing app. — Sources tell me that Benchmark has secretly scored a major consumer investing win.| Matthew Gault / VICE: |
Amazon introduces coffin-sized AmaZen meditation booths in which warehouse employees can watch company videos about mindfulness to deal with stress — The AmaZen meditation booth is a small room where employees can watch company videos about mindfulness while a small fan moves the air around.| Sujeong Lim / Counterpoint Research: |
Global smartwatch shipments rose 35% YoY in Q1 2021; market leader Apple grew 50% YoY to increase its market share by 3% points while Samsung grew 27% YoY — - Apple registers a healthy 50% annual growth, capturing a third of the smartwatch market in terms of volumes.
More:
Forbes, iThinkDifferent, TechSpot, Redmond Pie, iMore, India Today, Patently Apple, The Indian Express, iPhone Hacks, Cult of Mac, Wccftech, NDTV Gadgets 360, iPhone in Canada Blog, 9to5Mac, and Wired UK. Tweets: @counterpointtr
| Adrian Kingsley-Hughes / ZDNet: |
Acer unveils four new Chromebooks, incuding an industry-first 17.3-inch Chromebook, available in June, with prices starting at $380 — There's also a big emphasis on enterprise Chromebooks., a whole raft of other new hardware, and a commitment to 100 percent renewable energy use.
More:
Acer's pressreleases, Android Police, CNET, The Verge, The Verge, 9to5Google, Thurrott, Gizmodo, Neowin, TalkAndroid.com, Droid Life, Laptop Mag, Phandroid, Android Authority, TechSpot, TechRadar, About Chromebooks, Android Headlines, and Chrome Unboxed
Tweets: @cnet and @caseynewton
| Mark Bergen / Bloomberg: |
Google announces new tools and partnerships with Shopify, Square, GoDaddy, and WooCommerce to help merchants sell more easily in Search, Maps, and YouTube — - Sellers on Square, GoDaddy will get access to Google features — Marriage of Google and Shopify centers on two executives
More:
The Keyword, PYMNTS.com, 9to5Google, Search Engine Land, and ZDNet
Tweets: @harleyf, @williamready, and @ginnymarvin
| Karan Deep Singh / New York Times: |
Twitter criticizes the Indian government's “intimidation tactics” and says it will push for changes to regulations that give it more authority over online media — The social media platform criticized what it called “intimidation tactics,” saying it would push back on new rules …
More:
TechCrunch, The Economic Times, VICE, BBC, Variety, Inc42 Media, The Hill, BGR India, Entrackr, Candid.Technology, TNW, The Economic Times, Bloomberg, and Tech in Asia
Tweets: @refsrc and @audreytruschke
| Casey Newton / Platformer: |
Instagram's test to hide Like counts highlights a lesson that social networks are reluctant to learn: one-size-fits-all policies are making users miserable — PLUS: WhatsApp sues India — In April 2019, amid growing questions about the effects of social networks on mental health …
More:
TechSpot and Softpedia News
Tweets: @mosseri, @sarkar_swati, @mattyglesias, @andrewontheweb, and @caseynewton
| Ari Levy / CNBC: |
Snowflake says it no longer has an HQ, and designates Bozeman, Montana, where its CEO and CFO live, as its executive office, because it's required by the SEC — - Snowflake said in its earnings release on Wednesday that it no longer has a corporate headquarters, as its workforce is “globally distributed.”
More:
Protocol, Silicon Valley Business …, and Snowflake
Tweets: @levynews, @jordannovet, @carnage4life, @austen, @mims, @mylesudland, @quinnypig, and @jrichlive
| Bloomberg: |
As China cracks down on its tech giants, Tencent, Alibaba, and Meituan warn investors they will invest heavily in AI, cloud computing, and autonomous vehicles — - Tencent, Alibaba plan to plow back incremental profits — Meituan is set to report wider losses as it boosts investment
Tweets: @hodlnator, @hancocktom, and @briefnorris
| Jay Peters / The Verge: |
Clubhouse hires Justin Uberti, a Google engineer who created the WebRTC standard, Google Duo, and led engineering for Stadia, as head of streaming technology — Justin Uberti is joining Clubhouse — Clubhouse has hired Justin Uberti, creator of the WebRTC standard and the Google Duo video chat app.| CNBC: |
Source: Swedish payments startup Klarna is close to raising a new round at a $40B+ valuation, after raising $1B at a $31B valuation in March — - Klarna, a European buy-now-pay-later company, is close to securing a new funding round at a valuation of more than $40 billion, according to a source familiar with the matter.
More:
FinLedger, Insider, SiliconANGLE, and PYMNTS.com
| Adi Robertson / The Verge: |
Industry groups representing Google, Facebook, and others sue Florida over its new social media law, calling it a “frontal assault on the First Amendment” — Yes, the one with the theme park exception — Two tech industry organizations have sued Florida over its newly passed rules for social networks.
More:
The Hill, Bloomberg Law, Protocol, Florida Politics, NetChoice, and CCIA
Tweets: @krissiegel and @davidafrench
| Jay Peters / The Verge: |
Twitter says users can now join Spaces via desktop and mobile web browsers, but can't host rooms on the web just yet — You can't host rooms yourself on the web just yet, though — You'll be able to join Twitter's Clubhouse-like Spaces from desktop and mobile web browsers starting Wednesday …
More:
KnowTechie, iMore, TechCrunch, mobilesyrup.com, Neowin, Android Central, Voicebot.ai, PCMag, SlashGear, TNW, MSPoweruser, MUO, Pocket-lint, and Social Media Today
Tweets: @twitterspaces, @twittersupport, @jasonkeath, @rianatweetsnow, @diwaph, @kayvz, @capital_sb, @hashtagheyalexa, @zurairi, @chrismessina, @daveleeft, and @martinsfp
| Stephanie Condon / ZDNet: |
VMware Q1: $2.99B revenue, up 9% YoY, Services revenue of $1.6B, Subscription and SaaS revenue of $741M, up 29% YoY; expects FY2022 revenue of $12.8B — Top and bottom line results were slightly ahead of market estimates, with subscription and SaaS revenue up 29 percent.| Aimee Chanthadavong / ZDNet: |
Lenovo reports revenue of $60B for FY20, up 20% YoY, net income of $665M, up 77% YoY, and says Q4 was its “fastest growing quarter in almost a decade” — Lenovo has celebrated what it has dubbed as achieving ‘historic highs’ for FY21. — Lenovo Group has seen revenue surge past …
More:
Windows Central and Thurrott
| Catalin Cimpanu / The Record: |
FBI says a foreign nation-state hacking group breached a US municipal government via an unpatched Fortinet VPN appliance — The Federal Bureau of Investigation said today that foreign hackers had breached the network of a local US municipal government after exploiting vulnerabilities in an unpatched Fortinet networking appliance.
More:
BleepingComputer and StateScoop
| Cristiano Lima / Politico: |
Facebook says it will no longer take down posts that claim COVID-19 was man-made, following renewed debate about the origins of the virus — Facebook will no longer take down posts claiming that Covid-19 was man-made or manufactured, a company spokesperson told POLITICO on Wednesday …
More:
Nieman Lab, The Guardian, New York Magazine, The Verge, Wall Street Journal, Engadget, New Statesman, Reuters, CNN, The White House, Neowin, and TNW
Tweets: @jbarro, @ilpomodoro2, @yair_rosenberg, @greenfield64, @jonathanchait, @hotlinejosh, @jonathanchait, @rottenindenmark, @wesyang, @jonathanchait, @reserved_word, @armandondk, @neontaster, @binarybits, @vivekgramaswamy, @hawleymo, @dineshdsouza, @willchamberlain, @jeffnolan, @jackposobiec, @aghamilton29, @evelyndouek, @ryanafournier, @repkenbuck, @mightijamie, @scott_sanfordtx, @ezralevant, @lauren_southern, @kellyriddell, @paul_karp, @yossigestetner, and @evelyndouek. Thanks:@viacristiano
| Jon Swartz / MarketWatch: |
HP beats with Q2 revenue of $15.9B, up 27.3% YoY, Personal Systems net revenue of $10.6B, up 27% YoY, Printing net revenue of $5.3B, up 28% YoY — HP Inc. shares initially sank 5% in extended-trading Thursday after the PC giant announced what has become a familiar pattern: notebook sales continue to thrive in the age of COVID.| Kate Rooney / CNBC: |
Savings and investing app Acorns is merging with a SPAC to go public in a deal that values Acorns at roughly $2.2B, more than double its last private valuation — - Acorns will merge with with Pioneer Merger Corp., a publicly traded special purpose acquisition company.| Jordan Novet / CNBC: |
Salesforce Q1: revenue of $5.96B, up 23% YoY, vs est. of $5.89B, Platform and Other revenue of $1.75B, up 28%; full year guidance has $500M revenue from Slack — - Salesforce results exceeded estimates with quarterly results and higher full-year guidance. — The company's revenue growth …
More:
ZDNet
| Dan Goodin / Ars Technica: |
Researcher details a WebKit flaw, which can lead to a RCE exploit, that remains unpatched by Apple despite the availability of an open source fix for 3 weeks — WebKit bug that was fixed upstream has yet to find its way into Apple products. — Apple has yet to patch a security bug found …
Source:
Theori. More:
The Register, iMore, iDownloadBlog.com, iPhone in Canada Blog, and iThinkDifferent
Tweets: @theori_io, @tjbecker_, and @campuscodi
| Jamie Crawley / CoinDesk: |
Talos, which lets financial institutions provide digital asset trading services, raises $40M Series A led by a16z, with PayPal Ventures and others participating — Talos' services include liquidity access, direct market access, price discovery, automated execution, reporting, clearing and settlement.
More:
Andreessen Horowitz, Talos, and Finextra
| Varsha Bansal / Wired UK: |
As India opens the API for its CoWin vaccine booking system to all amid a devastating second wave, profiteers are mass-booking vaccine slots using bots — The Indian government made its booking API free to everyone. Bots, profiteers and automation have made it impossible for people to book slots| Reuters: |
BMW, Daimler, and Ford set up facilities in China to store data generated by their cars locally, as China plans new rules for automakers' handling of data — BMW, Daimler and Ford have set up facilities in China to store data generated by their cars locally, they told Reuters …
Tweets: @yilei000
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