| Arjun Kharpal / CNBC: |
El Salvador becomes the first country to adopt bitcoin as legal tender after lawmakers voted by a “supermajority” in favor of its new Bitcoin Law — - El Salvador's has become the first country to adopt bitcoin as legal tender. — Lawmakers in the South American country's Congress voted … | Associated Press: |
Fastly, which was hit by a major outage on Tuesday, says the problem was caused by a bug that was triggered by a customer configuring their service — LONDON (AP) — Fastly, the company hit by a major outage that caused many of the world's top websites to go offline briefly this week … | Makena Kelly / The Verge: |
Biden signs an EO revoking the Trump-era bans on TikTok and WeChat and says his commerce secretary will investigate any risks to national security and privacy — But the apps still aren't out of hot water — President Joe Biden signed an executive order Wednesday revoking the Trump-era bans on TikTok and WeChat.| Christina Wilkie / CNBC: |
Biden admin announces steps to bolster US supply chains, including for chips and rare earth metals, and a “strike force” to combat unfair trade practices — - The Biden administration announces new actions designed to strengthen critical U.S. supply chains.| Casey Newton / Platformer: |
Ad-supported and subscription-only newsletters both have ways to understand audiences without the tracking pixels blocked by Apple's Mail Privacy Protection — How Mail Protection Privacy will force the email economy to adapt — Today, let's talk about one of Apple's many announcements … | Joshua Benton / Nieman Lab: |
| Jessica Bursztynsky / CNBC: |
Instagram's Adam Mosseri says Facebook plans to help creators avoid Apple's 30% cut by “facilitating transactions that happen in other places” — - Facebook is setting its sight on the creator economy, hoping to allow millions of people to make a living off its family of apps.| Karissa Bell / Engadget: |
| Adam Mosseri / Instagram: |
| Tom Simonite / Wired: |
An inside look at how Google's Ethical AI team fell apart following the contentious departure of Timnit Gebru and then Margaret Mitchell — She was a star engineer who warned that messy AI can spread racism. Google brought her in. Then it forced her out. Can Big Tech take criticism from within?| Yogita Khatri / The Block: |
Solana Labs, which wants to develop a blockchain that is faster and cheaper than Ethereum, raises $314.15M in a private token sale led by a16z and Polychain — Quick Take — Solana Labs has raised $314.15 million in a private token sale round. — The round was led by Andreessen Horowitz (a16z) and Polychain Capital.| 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.| Natasha Lomas / TechCrunch: |
End-to-end encrypted email service ProtonMail launches a design refresh, offering a clearer look and customizable UI, after passing 50M global users in May — End-to-end encrypted email service ProtonMail has refreshed its design, updating with a cleaner look and a more customizable user interface … | Stephen Shankland / CNET: |
Google is building a subsea cable called Firmina, after a Brazilian abolitionist, to handle data surge between US, Brazil, and Argentina, due to launch by 2023 — Google is building a new subsea cable to get your megabits from Boston to Buenos Aires and back.| Trend Micro: |
How modern ransomware attacks work and a breakdown of their double extortion tactics, using the Nefilim ransomware as a case study — Modern ransomware actors identify and target valuable data, often exfiltrating it from a victim's network organization rather than simply encrypting it.| Yaacov Benmeleh / Bloomberg: |
Start-Up Nation: Israeli startups have raised $10.5B so far this year, already surpassing 2020's record, with 30 rounds raising $100M+, up from 21 last year — Israeli startups have raised $10.5 billion so far this year, surpassing the record set in 2020, as investors continue to pour cash … | Ingrid Lunden / TechCrunch: |
Sinch acquires MessageMedia, which provides SMS and other messaging services for businesses, for $1.3B, to compete with Twilio in business SMS services — Sinch — the Swedish company that provides a suite of services for companies to build communications and specifically “customer engagement” … | Financial Times: |
DoorDash launches in Japan, marking the company's first foray into Asia, starting in Sendai, a city north of Tokyo with a population of ~1M — Group enlists ‘hundreds’ of restaurants to take advantage of pandemic-driven demand — The US food delivery app DoorDash has launched in Japan … | Isabel Woodford / Sifted: |
Scalable Capital, a Germany-based neo-broker and wealth management service, raises $180M Series E led by Tencent at a $1.4B valuation — The round is led by Tencent, continuing a trend of Chinese funds investing in European fintech. — Scalable Capital fundraise gives Germany its sixth fintech unicorn| Frederic Lardinois / TechCrunch: |
Privacy-focused Vivaldi 4.0 browser launches with built-in email and calendar clients, RSS reader, and a translator service hosted on the company's own servers — Vivaldi has always been one of the more interesting of the Chromium-based browsers, in no small part thanks to its emphasis … | Katie Roof / Bloomberg: |
Data analytics startup Amplitude raises $150M led by Sequoia Capital at a $4B valuation, up from $1B last year — - Company expects to go public, possibly via direct listing — $150 million in new financing led by Sequoia Capital — Data analytics startup Amplitude reached a valuation of $4 billion in a new funding round.| Spencer Soper / Bloomberg: |
Research: cost per click for Amazon search ads was $1.16 in May, up from $0.75 YoY; eMarketer says Amazon's ad revenue in the US will cross $20B this year — - Rates in May rose 50% from a year earlier, signaling profits — Merchants look to raise prices to cover cost of visibility| 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 … | Chris Metinko / Crunchbase News: |
MaintainX, which develops mobile tools for industrial and frontline workers, raises $50M across $11M Series A in 2019 and $39M Series B in 2021 — San Francisco-based MaintainX announced $50 million in new funding — including $11 million from a Series A in 2019 — as the company looks …
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| Jackie Borchardt / The Columbus Dispatch: |
| Kyt Dotson / SiliconANGLE: |
| Aoife White / Bloomberg: |