| Salvador Rodriguez / CNBC: |
US district court dismisses FTC's antitrust complaint against Facebook, saying its definition of market dominance was insufficient, but will let FTC refile it — - A federal court on Monday dismissed the Federal Trade Commission's antitrust complaint against Facebook.| Salvador Rodriguez / CNBC: |
On Monday, Facebook's stock rose 4.2%, closing at $355.64, giving Facebook a $1T market cap for the first time, the fifth US company to hit the milestone — - Facebook has hit $1 trillion in market capitalization. — Facebook stock spiked nearly 5% in late-day trading aided … | Tom Warren / The Verge: |
Microsoft releases the first Windows 11 preview, available to Insiders, with major updates included except Teams integration and Android app support — The next version of Windows is available for testing — Microsoft is releasing its first Windows 11 preview build today.| Tom Warren / The Verge: |
Sources: Microsoft is planning to release Windows 11 in October; Microsoft employees have hinted at October 20 in marketing images — October 20th may be the Windows 11 day — Microsoft keeps hinting at an October release date for Windows 11. The software giant teased … | Jason Gurwin / The Streamable: |
YouTube TV gets a 4K Plus add-on package with downloads, 4K, and unlimited streams for $20 more per month; 5.1 Dolby surround sound coming to all subs for free — YouTube TV has officially announced their new premium add-on which includes 4K streaming, the ability to download shows offline … | Cameron Faulkner / The Verge: |
Microsoft rolls out its Xbox Cloud Gaming service via browser to PCs, iPhones, and iPads across 22 countries for Xbox Game Pass Ultimate members — No Xbox necessary — Microsoft's xCloud, the cloud game streaming component of Xbox Game Pass Ultimate that doesn't require a console to use … | Shara Tibken / CNET: |
Qualcomm unveils Snapdragon 888 Plus with 3GHz clock speed and a claimed 20% boost in AI capabilities, arriving in devices during Q3 2021 — Phones are getting a speed boost. Qualcomm on Monday unveiled its newest, highest-end smartphone processor, the Snapdragon 888 Plus.| Lucas Matney / TechCrunch: |
Discord acquires augmented reality startup Ubiquity6, which had raised $37.5M and recently pivoted to become a collaborative service for simple online games — After raising tens of millions from investors and executing a pretty substantial pivot earlier this year, augmented reality startup Ubiquity6 … | Spencer Soper / Bloomberg: |
Interviews with 15 Amazon Flex drivers reveal how algorithms hire, rate, and fire contract drivers with little or no human oversight — Stephen Normandin spent almost four years racing around Phoenix delivering packages as a contract driver for Amazon.com Inc. Then one day, he received an automated email.| Mitchell Clark / The Verge: |
Snapchat says it has fixed the issue causing its iOS app to crash for some users, asks users to manually update the app if they are still facing any problem — The app was crashing on launch — If you've been experiencing the bug where the iOS version of Snapchat crashes at launch … | Sarah Perez / TechCrunch: |
Sensor Tower: global consumer mobile app spending hit $64.9B in H1 2021, a record and up 24.8% YoY; install growth slowed to 1.7% overall, declined 10.9% on iOS — Consumer spending in mobile apps hit a record $64.9 billion during the first half of 2021, according to preliminary data from app store intelligence firm Sensor Tower.| Cherlynn Low / Engadget: |
Samsung details a new smartwatch user interface called One UI Watch, debuting on an upcoming Galaxy Watch later this year — At its MWC event today, Samsung showed off its latest smartwatch interface called One UI Watch. This software will run on top of — the new Wear OS, which the company co-developed with Google.| TechCrunch: |
Duolingo files for US IPO, reveals revenue growth of 129% YoY in 2020, and reports $55.4M in revenue during Q1 2021 — The edtech unicorn reveals 129% 2020 revenue growth — Duolingo, a Pittsburgh-based language learning business last valued at $2.4 billion, has officially filed to go public.| Shirin Ghaffary / Vox: |
Researchers say the study of social media's large-scale societal impact should be treated as a “crisis discipline”, like climate science or conservation biology — One challenge is how little we know about the dangers. — Social media has drastically restructured … | Tim Copeland / The Block: |
Coinbase CEO Brian Armstrong says the exchange's goal is “to list every asset where it is legal to do so”, and it will provide a ratings system for assets — Quick Take — Coinbase CEO Brian Armstrong stated that the exchange's goal is to list “every” crypto asset as long as it is legal.| Nate DiCamillo / CoinDesk: |
Coinbase is granted a crypto custody license from Germany's Financial Supervisory Authority, the first company to get such a license according to the regulator — The license will allow Coinbase to continue operating in Germany. — Coinbase has received a crypto custody license … | Ingrid Lunden / TechCrunch: |
Etsy says it will acquire Brazilian marketplace for creators Elo7 for $217M; the brand will remain standalone, operating out of Sao Paulo — On the heels of Etsy's huge deal to acquire Depop to open the door to more social selling, targeting younger users, and deeply expand in Europe …
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