| Bloomberg: |
Sources: amid escalating rivalry, neither Google nor Microsoft are keen to renew a recently-expired truce to not use their lobbying firepower against each other — A non-aggression pact forged by their CEOs expired in April, threatening to add fuel to industry's antitrust battles| Gilad Edelman / Wired: |
While a judge dismissing FTC's suit against Facebook was a setback, experts say the 30-day window to refile and prove Facebook has a monopoly should be enough — A judge dealt the Federal Trade Commission a setback this week in its quest to break the company up—but also provided a roadmap for how to proceed.| Scott Rosenberg / Axios: |
| Gerrit De Vynck / Washington Post: |
GAO report finds 20 out of 42 federal agencies surveyed use facial recognition tech and sheds light on how deeply the tech is integrated into federal agencies — Black Lives Matter protesters, Jan. 6 rioters and regular travelers are among those targeted by agencies using the tech, including the IRS and the Postal Service| Tom Warren / The Verge: |
Hands-on with Windows 11 preview: a new and refreshing approach, with welcome and simplified UI updates; Snap Layouts and Snap Groups improve multitasking — Microsoft's first Windows 11 preview looks promising — Microsoft's first version of Windows appeared more than 35 years ago … | Tom Warren / The Verge: |
| Saqib Shah / Engadget: |
Google UK will only run ads for financial products from sources approved by UK's financial watchdog, from Sept. 6, after being threatened with legal action — Google is tightening its ad screening rules in the UK after a steep rise in fraudulent adverts online during the pandemic. The search giant has| Abner Li / 9to5Google: |
Google says Android App Bundle, introduced at I/O 2018, will replace APK as the default format for new apps published to the Play Store in August — Google introduced the Android App Bundle format in May of 2018 at I/O as part of its modern development push.| Sarah Perez / TechCrunch: |
Shopify drops Shopify App Store's cut to 0% on devs' first $1M in revenue, says app developer partners earned $233M in 2020, more than 2018 and 2019 combined — Following similar moves by Apple, Google, and more recently Amazon, among others, e-commerce platform Shopify announced today it's … | Jacob Kastrenakes / The Verge: |
Facebook unveils Bulletin, its Substack newsletter competitor, but is not yet accepting signups and says it won't take a cut of creators' revenue “at launch” — Facebook won't take a cut ‘at launch’ — Facebook is getting into the subscription newsletter game.| Evan Ratliff / Bloomberg: |
Investigation of Ray Hushpuppi, a Nigerian influencer with a lavish lifestyle, who authorities say mastered business email compromise attacks, netting millions — For Ramon Abbas, the Instagram influencer popularly known as Ray Hushpuppi, @hushpuppi, Hush, or the Billionaire Gucci Master, birthdays were always a time for reflection.| Jordan Novet / CNBC: |
Microsoft and OpenAI announce GitHub Copilot, an AI-based tool to recommend code to software developers in almost any programming language — - GitHub, GitHub's parent company Microsoft and OpenAI have teamed up to deliver a tool that comes up with source code for programmers to use as they work.| Tiffany Hsu / New York Times: |
Outbrain files for an IPO aiming to raise over $100M, says it had $767M in revenue last year, $4.4M in net income, and funnels ads to 7,000+ websites like CNN — Outbrain, one of the top purveyors of clickbait ads, filed on Tuesday to raise at least $100 million through an initial public offering … | Ingrid Lunden / TechCrunch: |
Shogun, which helps e-commerce businesses build their storefronts on platforms like Shopify, raises $67.5M Series C led by Insight Partners at a $575M valuation — E-commerce marketplaces continue to play a major role in how consumers buy goods online and how retailers show off and sell goods … | Aria Alamalhodaei / TechCrunch: |
Drone delivery startup Zipline raises $250M at a $2.75B valuation to further its expansion in Africa and the US — Drone delivery startup Zipline, a company that got its start delivering medical supplies across Africa, has raised $250 million in new funding.| Bloomberg: |
Sources: SentinelOne raised over $1.2B in its IPO, selling shares for $35, above its $31-$32 range, giving the company a $8.87B valuation — - Didi, LegalZoom, others follow in surge of listings Tuesday — Week to be decade's sixth-biggest, excluding blank-check firms| Ingrid Lunden / TechCrunch: |
ServiceTitan, which offers SaaS products for tradespeople and is used by over 100,000 contractors, raises $200M Series G at a $9.5B valuation — With a lot of us spending more time at home these days, home improvement has continued to be a booming market. Now, one of the big players in that space … | Jonathan Greig / ZDNet: |
Gartner survey of public cloud services in 2020: AWS had $26.2B in revenue, up ~29% and a 41% share overall, followed by Azure with $12.7B in revenue, up ~60% — Amazon led the market with $26.2 billion of revenue in 2020 from IaaS public cloud services. — According to new data released … | Ron Miller / TechCrunch: |
Slack releases Slack Huddles, an audio chat tool, and details new features, including video messages and an enhanced company directory — Slack started talking about a new set of communications tools to enhance the text-based channels at the end of last year.| Financial Times: |
Sources: Didi raised at least $4B in its US IPO, giving it a market capitalization of at least $67B — IPO values China ride-hailing giant at over $67bn as its domestic dominance comes under scrutiny — China's ride-hailing app Didi Chuxing will make its debut on the New York Stock Exchange … | Allison Johnson / The Verge: |
T-Mobile is letting owners of eSIM-compatible iPhones try out its cell network with a 30-day free trial just by installing an app; no billing info is required — Owners of newer iPhones can start a free 30-day trial just by downloading an app thanks to eSIM| Natasha Lomas / TechCrunch: |
UK's DCMS issues guidance saying social media platforms and private messaging services should “prevent” the use of end-to-end encryption on “child accounts” — For a glimpse of the security and privacy dystopia the UK government has in store for its highly regulated … | Chance Miller / 9to5Mac: |
Twitter says it fixed a bug that caused some users to lose access to its “Latest” chronological feed option on the web — Update: Twitter's Kayvon Beykpour says this is a bug that it's working on fixing. The Twitter Support account says the fix is rolled out.| Dean Takahashi / VentureBeat: |
Turkey-based Dream Games, which makes the popular mobile game Royal Match, raises $155M Series B co-led by Index Ventures and Makers Fund at a $1B valuation — Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out. — Turkey has another unicorn on its hands.| Varun Mishra / Counterpoint Research: |
iPhone 12 series sales crossed 100M globally in April 2021, seven months after launch, two months faster than iPhone 11; iPhone 12 Pro Max had a 29% sales share — Beijing, San Diego, Buenos Aires, London, New Delhi, Seoul - June 30, 2021 — Exactly 14 years ago, Apple disrupted …
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| Madeleine Hodson / PrivacySharks: |