| TechCrunch: |
Many large websites went down Tuesday, including Amazon, Twitch, BBC, NYT, Spotify, Reddit, and FT, due to an issue at the Fastly CDN, which has now been fixed — Countless popular websites including Reddit, Spotify, Twitch, Stack Overflow, GitHub, gov.uk, Hulu, HBO Max, Quora, PayPal … | Adam Mosseri / Instagram: |
In the first of a series of blog posts, Instagram explains how it ranks Feed, Stories, Explore, and Reels, and addresses “shadowbanning” accusations — It's hard to trust what you don't understand. We want to do a better job of explaining how Instagram works.| Sarah Perez / TechCrunch: |
Apple Music debuts Spatial Audio and Lossless Audio and adds Spatial Audio playlists, says Spatial Audio support is “coming soon” for Android devices — Last month, Apple announced it would soon add lossless audio streaming and Spatial Audio with support for Dolby Atmos to its Apple Music subscription at no extra charge.| Catalin Cimpanu / The Record: |
In a huge sting operation, FBI and Australian Federal Police ran an encrypted chat service AN0M for 3+ years to intercept messages between criminals globally — The FBI and Australian Federal Police ran an encrypted chat platform and intercepted secret messages between criminal gang members … | Kevin Roose / New York Times: |
As Uber and Lyft aim to become profitable this year, it seems like a golden era of VC-subsidized services, from Uber to Bird and MoviePass, is coming to an end — The price for Ubers, scooters and Airbnb rentals is going up as tech companies aim for profitability.| Ryan Browne / CNBC: |
Bitcoin slid 7%+ to $32,936 after US seized most of the Colonial Pipeline ransom and is down ~50% from its all-time high of ~$63K; ether and XRP also fell 7% — - Bitcoin accelerated its slide to fall below the $32,000 level late Tuesday morning, according to Coin Metrics data.| Jackie Borchardt / The Columbus Dispatch: |
Ohio's AG files lawsuit with Delaware County Court alleging that Google's search business is anticompetitive and asks court to declare Google a public utility — Ohio Attorney General Dave Yost has filed a lawsuit asking a court to declare Google a public utility that should be regulated as such.| ProPublica: |
Leaked IRS data shows how billionaires manage to pay little in income tax; in 2007 and 2011, Jeff Bezos paid zero income tax, and Elon Musk did the same in 2018 — The Secret IRS Files — In 2007, Jeff Bezos, then a multibillionaire and now the world's richest man, did not pay a penny in federal income taxes.| Aoife White / Bloomberg: |
Google will show more mobile search apps to choose from on new Android phones in Europe and make participation free for search providers — - Company will show more mobile search apps and get rid of a fee — Google has faced criticism over compliance with an EU order| Joanna Ossinger / Bloomberg: |
Chainalysis: American bitcoin traders made $4.1B in profits last year, 3x more than Chinese traders, followed by Japan, UK, Russia, and Germany — - Chainalysis ranks top 25 countries by biggest realized gains — China comes in second, with $1.1 billion in Bitcoin profits| Sarah Perez / TechCrunch: |
Apple opens up the ShazamKit framework to third-party apps, including on Android, allowing them to use Shazam's audio recognition tech — Apple in 2018 closed its $400 million acquisition of music recognition app Shazam. Now, it's bringing Shazam's audio recognition capabilities to app developers in the form of the new ShazamKit.| Ben Thompson / Stratechery: |
Apple's tight integration is how it creates great experiences like SharePlay, but the advantage is imperiled by anticompetitive App Store rules like the 30% cut — Apple acquired Dark Sky, the popular weather app and weather API provider, in March of 2020; the Android version was shut down in July, and the API in December.| Wayne Ma / The Information: |
Investigation found 100+ online ads for production line jobs at 30+ companies in Apple's supply chain that contained discriminatory language — Some of the companies in China that supply Apple with parts for its devices are willing to use workers from the predominantly Muslim group known as Uyghurs … | Sam Byford / The Verge: |
Adobe launches M1 Mac-native versions of more Creative Cloud apps including Lightroom Classic and Illustrator, claims 80%+ faster performance than Intel Macs — Performance should be about twice as fast as an equivalent Intel Mac — Adobe is now shipping new versions of more Creative Cloud apps … | Bloomberg: |
Under G7's proposed tax rules, tech giants like Facebook and Apple would still be unlikely to shift bases from Ireland, which has perks like a low 12.5% rate — - Irish incentives such as tax treaties continue to be a draw — Tech companies have publicly supported the G7 agreement| Melissa Heikkilä / Politico: |
An open letter with 170 signatories in 55 countries calls for a ban on biometric recognition tech, after EU proposes AI rules that critics say have loopholes — Activists fear loopholes in the bloc's artificial intelligence bill could allow for widespread facial recognition beyond Europe's borders.| Wallace Witkowski / MarketWatch: |
After its April IPO, UiPath reports Q1 revenue of $186.2M, up 65% YoY, ARR of $653M, up 64% YoY, and a loss of $239.7M, vs ~$53M YoY; stock down ~7% after hours — Stock closes Tuesday 36% above April IPO price — UiPath Inc. shares fell in the extended session Tuesday even after the … | Oliver Haslam / iMore: |
Apple introduces Object Capture, an API on macOS Monterey that enables developers to turn 2D images of real-world objects into 3D models optimized for AR — Apple announced a ton of new software updates today and they all need new tools to allow developers to do what they need to if they want to make great apps.| Hugh Langley / Insider: |
Sources: in a major leadership shakeup at Magic Leap, its CTO, COO, and chief patent officer are all set to leave, while its former CMO is being hired back — - Magic Leap is losing three of its top executives in a leadership shake-up, Insider has learned. — The CTO, COO, and chief patent officer will exit.| Kyle Wiggers / VentureBeat: |
Verbit, which uses AI and thousands of freelancers to provide voice transcription and captioning services, raises $157M Series D at a $1B+ post-money valuation — Elevate your enterprise data technology and strategy at Transform 2021. — Verbit today announced the close … | Sami Fathi / MacRumors: |
iPhone apps on iPadOS 15 can now, finally, run in landscape, in addition to portrait orientation — As spotted on Reddit, iPhone apps running on iPadOS 15 now run in landscape orientation rather than in portrait, as previously on iPadOS. This means that popular apps such as Instagram … | Thomas Grove / Wall Street Journal: |
Russia has been pressuring social media platforms like YouTube and Twitter to remove anti-government content and police its critics, and it seems to be working — Kremlin uses Twitter and other platforms to advance its goals overseas, but is now trying to prevent its opponents from using the same tools| Taylor Soper / GeekWire: |
PE firms Bain Capital and Crosspoint Capital to acquire Seattle-based ExtraHop, which helps companies detect and prevent threats on their networks, for $900M — Private equity firms Bain Capital and Crosspoint Capital will acquire cybersecurity startup ExtraHop for $900 million.| Reuters: |
Sources: Apple is in early-stage talks with China's CATL and BYD, two of the world's biggest automotive battery makers, to supply batteries for its planned EV — Apple Inc (AAPL.O) is in early-stage talks with China's CATL (300750.SZ) and BYD (002594.SZ), about the supply of batteries …
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