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June 17, 2021, 10:10 AM
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| Salvador Rodriguez / CNBC: |
Facebook says it will begin testing ads on Oculus headsets, starting with the shooter game Blaston, and won't use data stored on devices to target ads — - Facebook on Wednesday announced that it will begin testing advertisements that will appear within the company's Oculus virtual reality headsets.
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About Facebook, The Verge, TechCrunch, Forbes, XDA Developers, Ars Technica, GamesIndustry.biz, Engadget, ExtremeTech, Tom's Guide, Gamasutra, Pocketnow, Reuters, thegamer.com, VRFocus, Variety, Social Media Today, The Overspill, CNET, Mashable, PC Gamer, PYMNTS.com, UploadVR, ZDNet, Neowin, PCMag, IGN, Trusted Reviews, and SlashGear
Tweets: @martyswant, @t3hero_, @giygaimpact, @humancell, @sub8u, @levie, @boztank, @cixliv, @joabyjojo, @kavyapearlman, @justinhendrix, @starfire2258, @thelinuxexp, @glytchtech, @kentbye, @ericpresidentvr, @lanceulanoff, @psythor, @uncooldana, @leojtravis10, @danieltg85, @qtpop, @gamoid, @bcarr, @yoda, @yoda, @ceciliakang, @shortformernie, @stevekovach, @stevekovach, and @shiraovide. Thanks:@sal19
| Casey Newton / Platformer: |
By acquiring promising VR games and software companies, Facebook seems to be cornering the VR market, reminiscent of its Instagram and WhatsApp acquisitions — A recent shopping spree is giving some folks Instagram-in-2012 vibes — Imagine that, over the past year, Facebook had managed … | Bloomberg: |
Wise, previously known as TransferWise, plans to go public on the LSE via a direct listing, the first company to choose an alternative listing in the UK — - Founders, employees get extra voting rights for limited time — Direct listings are becoming more popular among U.S. startups
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PYMNTS.com, Reuters, CNBC, Finextra, altfi.com, Coinspeaker, and cryptodaily.co.uk
Tweets: @technation and @abhinavvr
| Jordan Novet / CNBC: |
Microsoft has named CEO Satya Nadella as chair of its board, replacing independent director John Thompson who succeeded Bill Gates as chair in 2014 — - Satya Nadella, Microsoft's CEO, is becoming the software company's chair, after running the company for seven years, when he replaced Steve Ballmer.
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PR Newswire, The Verge, CNET, The Register, AppleInsider, Insider, GeekWire, cloudpro.co.uk, Engadget, MSPoweruser, Neowin, CNN, Financial Times, Gizmodo, OnMSFT.com, IT Management, Wall Street Journal, Thurrott, Reuters, Bloomberg, and Seattle Business Journal
Tweets: @rmnth, @danielnewmanuv, @therohitbansal, and @chandrarsrikant
| Elias Saba / AFTVnews: |
Amazon Appstore unveils a new program that reduces its share of developer revenue from 30% to 20% for developers earning less than $1M per year, starting in Q4 — The Amazon Appstore has announced that it will be reducing its cut of developer revenue from 30% to 20% for developers that earn less than $1 million in revenue per year.
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Amazon Developer Blogs, XDA Developers, 9to5Mac, Gizchina, The Verge, SlashGear, and Engadget
| Insider: |
Sources: Google is downsizing its health team, which was working on sensors and health records, and moving them to Fitbit as part of a major reorganization — - Google's young health division is splintering, according to employees and an email seen by Insider.| Ashley Carman / The Verge: |
In an email to creators, Facebook says it will launch its podcast platform on June 22; podcasters can link up RSS feeds and decide if users can clip shows — Along with podcast clips — Facebook is planning to start rolling out its podcast product next week, on June 22nd, and, eventually …
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Stratechery, Axios, MacRumors, Cult of Mac, iDownloadBlog.com, iPhone in Canada Blog, 9to5Mac, TNW, SlashGear, Social Media Today, Input, AppleInsider, and mobilesyrup.com
Tweets: @ashleyrcarman, @trungtphan, @strngwys, @aggrowill, @davechensky, @yoda, @backseatvc, @k_trendacosta, @kantrowitz, @teslatidbits, @jonathanlack, @richlightshed, @colinbrauns, @mediaevan, @film_girl, @akilahobviously, @mikeisaac, @cgates123, @mikeisaac, @evelyndouek, @wongmjane, @ashleyrcarman, @lanceulanoff, and @ashleyrcarman
| Reuters: |
Russian lawmakers pass legislation that would force US tech giants to open offices in Russia by January 2022 or face punitive measures — Russian lawmakers passed legislation on Thursday that would oblige U.S. tech giants to open offices in Russia by January 2022 or face punitive measures … | Sarah Krouse / The Information: |
Sources: Google is developing a conversational AI product, known internally as Tivoli, which aims to teach foreign languages through Google Search — Google CEO Sundar Pichai last month previewed an artificial intelligence model that he said would enable people to have open-ended conversations with technology.
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androidauthority.com and TNW
Tweets: @bysarahkrouse, @glenngabe, @glenngabe, @amir, and @glenngabe
| Paul Sawers / VentureBeat: |
Nylas, an API platform that helps developers integrate features like email and calendar into apps, raises $120M Series C led by Tiger Global — Elevate your enterprise data technology and strategy at Transform 2021. — Nylas, an API (application programming interface) …
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TechCrunch and Nylas
| Mike Butcher / TechCrunch: |
Akur8, which uses AI to automate insurance claims, raises $30M Series B, bringing its total raised to $42M — Automating insurance claims is a big business, and the world of AI is coming at it ‘full pelt’. The latest is Akur8, an insurtech automating insurance platform whose ‘Transparent AI’ product …
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Tech.eu, FinSMEs, and Silicon Canals
| Strategy Analytics: |
In Q1 2021, global 5G smartphone shipments grew 6% QoQ, with Samsung up 79% QoQ and Vivo up 62% QoQ, while Apple maintained its lead despite a 23% dip — BOSTON—(BUSINESS WIRE)— According to new research from Strategy Analytics, Samsung and Vivo were the world's fastest growing 5G smartphone vendors in the first quarter of 2021.
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MacRumors, 9to5Mac, Patently Apple, Wccftech, AppleInsider, and equalocean.com
| Joseph F. Kovar / CRN: |
Claroty, which develops security tech for industrial companies, raises $140M Series D, bringing its total raised to $235M, ahead of an IPO — 'We are able to reverse-engineer OT protocols and use them thanks to help from Schneider Electric, Rockwell Automation, and Siemens.
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FinSMEs, TechCrunch, CTech, PR Newswire, and SecurityWeek
| Reuters: |
At the summit, Biden told Putin that certain critical infrastructure should be “off-limits” to cyberattacks; Putin agreed to “begin consultations” on the issue — U.S. President Joe Biden told Russian President Vladimir Putin on Wednesday that certain critical infrastructure …
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Bloomberg, CyberScoop, Reuters, Axios, MeriTalk, Washington Post, Associated Press, New York Times, The Hill, Politico, Politico, and ZDNet
Tweets: @_joaogui1, @kay06934926, @gbgrick, and @securitycurrent
| Ingrid Lunden / TechCrunch: |
Beamery, which develops software to manage hiring and retaining staff, raises $138M, sources say at a $800M valuation — Online job listings were one of the first things to catch on in the first generation of the internet. But that has, ironically, also meant that some of the most-used … | Liza Lin / Wall Street Journal: |
Leaked memo: ByteDance says its annual revenue in 2020 grew 111% YoY to $34.3B, while gross profit rose 93% YoY to $19B — ByteDance's gross profit rose 93% to $19 billion last year, according to a memo to staff — ByteDance Ltd., the owner of popular short-video app TikTok …
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Forbes, CNBC, Financial Times, Coinspeaker, and Bloomberg
Tweets: @chinarealtime, @lizalinwsj, @stokel, and @stockmktnewz
| Washington Post: |
The recent surge in ransomware attacks has upended the cyber insurance industry, increasing costs and requirements just as more companies need it — Cyber insurance carriers are raising premiums and limiting coverage in the face of severe ransomware attacks, just as organizations are clamoring for more protection| Mary Ann Azevedo / TechCrunch: |
Unit, which helps companies build financial and banking products, raises $51M Series B led by Accel, bringing its total raises to ~$70M — We've all heard the phrase, “Every company is a fintech.” — But these days, that's becoming more and more true as an increasing number of companies …
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CTech and Unit - Blog
| Gillian Tan / Bloomberg: |
Fleet management software provider KeepTruckin raises $190M led by G2 Venture Partners at a $2.3B valuation — KeepTruckin Inc. raised $190 million in a new funding round that values the San Francisco-based provider of fleet management software at $2.3 billion.| Brian X. Chen / New York Times: |
With products like Dash Buttons and Echo Look, Amazon uses customers to test features then sunsets the devices too quickly due to low sales or negative feedback — Amazon's experimental approach to product design can hurt your wallet and the environment. Why does it need our help to figure out what it's doing?
Tweets: @elephantjournal, @rgmcgrath, @gregbensinger, and @chey_cobb
| Nilesh Christopher / Rest of World: |
Experts say India's courts, not India's government, have power to decide whether Twitter should keep its safe harbor protections in India under new IT rules — India's courts, not the government in New Delhi, have the authority to end ‘safe harbor’ protections for the platform. — • BANGALORE, INDIA
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Times of India. Tweets: @internetfreedom, @mishichoudhary, @nina11_arora, @restofworld, @iam_anandv, @anupkaphle, @divijualsuspect, @nilchristopher, @restofworld, @pranavdixit, and @pranavdixit
| Sohini Podder / Reuters: |
Filing shows that Confluent, which offers a streaming platform based on Apache Kafka, is seeking to raise $759M at ~$8.3B valuation in its US IPO — Confluent Inc is aiming for a valuation of about $8.3 billion in a U.S. initial public offering, cashing in on a surge in demand … | Reuters: |
Sources: China's market regulator has begun an antitrust probe into Didi Chuxing, as it prepares for a US IPO — China's market regulator has begun an antitrust probe into Didi Chuxing, three people with knowledge of the matter said, just as the ride-hailing giant is pushing ahead …
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The Economic Times and BBC
| Bloomberg: |
Tel Aviv-based WalkMe, which helps users navigate UIs of other software services, raised $287M in its US IPO at ~$2.4B valuation; stock fell 7.1% after debut — Digital platform provider WalkMe Ltd. fell 7.1% in its trading debut after a $287 million initial public offering.
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MarketWatch, The Times of Israel, Crunchbase News, and CTech
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