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June 2, 2021, 8:45 AM
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| Elizabeth Paton / New York Times: |
Etsy says it is buying the fashion resale app Depop, popular with Gen Z, for $1.6B in an all-cash deal — The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic. — Depop, the fashion resale marketplace beloved by Generation Z …
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Financial Times, TechCrunch, CNET, Tech.eu, PR Newswire UK provides …, Protocol, Bloomberg, AppleInsider, The Economic Times, The Verge, Insider, CNBC, Tamebay, Crunchbase News, Fast Company, The Business of Fashion, and Tech News
Tweets: @jpwiseuk, @lizziepaton, and @nytimesbusiness
| CNBC: |
JBS, the world's top meatpacker, is hit by a ransomware attack, leading it to pause its Australian operations, livestock slaughter in many US states, and more — - The attack caused JBS's Australian operations to shut down on Monday. The company, the world's largest meatpacker, said it was working to resolve the incident.
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Reuters, The Guardian, Gizmodo, Silicon Republic, BleepingComputer, Ars Technica, The Record, Vox, Bloomberg, The Verge, CNN, NPR, Associated Press, news.com.au, SiliconANGLE, Wall Street Journal, Wired, The Hill, New York Times, Insider, USA Today, ZDNet, Newsweek, New York Magazine, CNET, Washington Post, VentureBeat, iTnews, Threatpost, MarketWatch, Channel Futures, New York Post, Politico, Reuters, VICE, Gizmodo, Financial Times, Newser, and TechRadar
Tweets: @thestalwart, @malwarejake, @dangillmor, @kevincollier, @jeffjohnroberts, @dalperovitch, @dalperovitch, @tomgara, @chuckgrassley, @alexjamesfitz, @sjcasey, @zerohedge, @amandacarpenter, @juliadavisnews, @dalperovitch, @jimlangevin, @jeffstone500, @steventdennis, @ggreeneva, @conorsen, @bbqsnob, @omid, @campuscodi, @gcluley, and @_mcginness
| Michael Hirtzer / Bloomberg: |
JBS says it has made “significant progress” to resolve the cyberattack impacting operations and the “vast majority” of its meat plants will be operational Wed. — JBS SA has made “significant progress” to resolve the cyberattack that impacted operations this week … | Stephen Nellis / Reuters: |
A CA court dismissed bribery charges against Apple's security chief Thomas Moyer, saying accusation of iPad donations for gun permits was “pure speculation” — A court in California on Tuesday dismissed bribery charges against Apple Inc's (AAPL.O) security chief … | Annie Palmer / CNBC: |
Amazon announces this year's Prime Day will take place on June 21 and 22, returning to its typical summertime slot — - Amazon's annual Prime Day event will take place June 21 and 22, the company announced Wednesday. — Prime Day is returning to its normal summertime slot after Amazon postponed …
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Amazon.com, Inc., TechCrunch, About Amazon, CNET, XDA Developers, Forbes, iMore, New York Times, ZDNet, Engadget, and Tom's Guide
| Nikhilesh De / CoinDesk: |
Coinbase says Coinbase Pro users will be able to trade dogecoin starting Thursday “if liquidity conditions are met” — The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.
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The Coinbase Blog, Forbes, Cointelegraph, Ethereum World News, blockchain.news, Coinspeaker, CNBC, PYMNTS.com, Bitcoin News, The Block, Crypto Briefing, and Cointelegraph
Tweets: @coinbasepro and @askthedr
| Nikkei Asia: |
Analysis: Apple had more suppliers in China than any other country including Taiwan in 2020; number of Apple suppliers in US also slid despite Trump's trade war — Number of US companies in supply chain also slides despite Trump's trade war — TAIPEI — China now boasts more Apple suppliers … | Reuters: |
TSMC has started construction on its 5nm semiconductor factory in Arizona and says 3nm production in Taiwan is on track to start volume production in H2 2022 — Construction has started at a site in Arizona where Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) (TSMC) …
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iThinkDifferent, Telecoms.com, Android Headlines, AppleInsider, and Wccftech
| Thomas Brewster / Forbes: |
Researcher finds that Alibaba-owned UC Browser app on iOS and Android sends information on every website a user visits to UCWeb servers, even in incognito mode — If you went to download Alibaba-owned app UC Browser this month, whether from Google's Android Play store or Apple's iOS App Store …
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Medium, AppleInsider, iPhone Hacks, Daring Fireball, and Pixel Envy
Tweets: @iblametom, @johnwilander, @iblametom, @iblametom, @hookgab, @iblametom, @djsnm, and @campuscodi
| Daphne Leprince-Ringuet / ZDNet: |
TrendForce report: the combined revenue of the top 10 foundries, which make silicon wafers for semiconductors, reached a record-high of $22.75B in Q1 2021 — A new report shows that in the face of unprecedented demand, chip manufacturers are increasing the price of wafers, leading to exceptional revenues across the industry.
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TrendForce, TechRepublic, CNBC, and The Register
| Selena Deckelmann / The Mozilla Blog: |
Mozilla updates Firefox desktop and mobile apps with a revamped design, details the data-driven process used to guide the creation of the new streamlined look — We set out in 2021 to reimagine Firefox's design to be fast, modern and inviting the first time you run it and every day after.
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The Mozilla Blog, Android Police, Mozilla Security Blog, PCMag, Mozilla, 9to5Mac, The Verge, fossbytes.com, CNET, iMore, ZDNet, Thurrott, The Register, TechRadar, Engadget, XDA Developers, MSPoweruser, and Laptop Mag
Tweets: @sdw, @krishnapermi, @grigs, @marcedwards, @johnwilander, @nikitonsky, @therealnooshu, and @campuscodi
| Ingrid Lunden / TechCrunch: |
Cognigy, which offers a low-code conversational AI platform for businesses to create text and voice virtual agents, raises $44M Series B led by Insight Partners — Artificial intelligence is becoming an increasingly common part of how customer service works — a trend that was accelerated …
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FinSMEs, EU-Startups, and VentureBeat
| The Hill: |
A Pentagon audit from May cleared the use of two DJI drones built for government use, after the Interior Dept. grounded its fleet of China-made drones in Jan. — Two drone models made by China's largest manufacturer have been cleared for use by a Pentagon audit, according to a report summary obtained by The Hill.
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SlashGear, The Verge, DroneDJ, and Associated Press
Tweets: @derekosgood, @senrickscott, @zhang_heqing, and @bigredwavenow
| Charles Duhigg / New Yorker: |
A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge — Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hype—but hype can be its own economic engine.
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New York Times. Tweets: @tomi, @columbiasipa, @newyorker, @samidhas, @asheshbadani, @jessefelder, @katekelly, @kantrowitz, @themissal, @eliotwb, @felixsalmon, @eugeneaustin, @techberlin, @newyorker, @sriramin140, and @edoballerini
| Kim Lyons / The Verge: |
Twitter says it will start adding full-screen ads to Fleets, supporting images and videos that can be up to 30 seconds long, initially in US on iOS and Android — A handful of advertisers will begin testing the format Tuesday — Twitter said Tuesday it will start adding full-screen ads to Fleets …
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Twitter for Business, MUO, Android Headlines, PYMNTS.com, TechCrunch, Social Media Today, The Hill, Digiday, CNBC, CNET, and Engadget
Tweets: @alexhern, @mgsiegler, @chrisfralic, @peterpham, @sub8u, @habibcham, @spencerchen, @tsuvik, @carnage4life, @backlon, @sanatgersappa, @chrispirillo, @caseynewton, and @thekenyeung
| Lorenzo Franceschi-Bicchierai / VICE: |
Inside the Chicken Drumstick video game cheating empire, which made ~$77M from selling cheats for PUBG Mobile before Chinese police and Tencent busted the ring — The cheat-making group known as “Chicken Drumstick” made more than $70 million selling cheats for PUBG Mobile. This is the story of its rise and fall.| Mary Ann Azevedo / TechCrunch: |
Yieldstreet, which lets users make alternative investments in areas like real estate and shipping, raises $100M Series C, bringing its total raised to $278.5M — These days, investing goes way beyond the stock market. And in recent years there's been a growing number of startups which aim … | Sean Hollister / The Verge: |
AMD says the infotainment system inside the new Tesla S and X models include an AMD Ryzen chip and discrete RDNA 2 GPU, capable of playing AAA games — 10 teraflops of RDNA 2 — Remember when Elon Musk claimed you'd be able to play The Witcher 3 and Cyberpunk 2077 on a 10 teraflop gaming rig he's stuffing …
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HotHardware.com News, Tom's Guide, SamMobile, PCMag, The Verge, 9to5Google, KnowTechie, Dot Esports, HotHardware.com News, TechRadar, SlashGear, TechSpot, Gizmodo, and CNET
Tweets: @jim_carson, @bitinn, @darthchillash, and @anandtech
| Katie Roof / Bloomberg: |
Shippo, a shipping software and services startup, raises $50M led by Bessemer at a $1B valuation — - Startup roughly doubled valuation from earlier this year — $50 million comes from existing investors led by Bessemer — Shipping startup Shippo is now valued at $1 billion amid a boom in e-commerce.| Jordan Novet / CNBC: |
Zoom reports Q1 rev. of $956.2M, up 191% YoY, vs $906M est., and sees 50% revenue growth for the full fiscal year as expansion falls from pandemic-fueled 2020 — - Zoom's results exceeded estimates across the board. — The company now sees 50% revenue growth for the full fiscal year … | Manish Singh / TechCrunch: |
Locus, which uses AI to help businesses map out their logistics, raises $50M Series C led by Singapore's GIC, source says at a $300M valuation — Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to expand its presence.Sponsor Posts
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