| 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| 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| 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.| 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 … | 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| 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 … | 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 … | 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.| Scott Rosenberg / Axios: |
Dismissals of FTC and state AGs suits against Facebook shows the difficulty of making antitrust charges stick and could spur lawmakers to toughen antitrust laws — A federal judge's decisions Monday tossed out antitrust lawsuits against Facebook — and threw cold water on the heated campaign … | 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| 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 … | 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.| Paul Sawers / VentureBeat: |
Fishtown Analytics, which develops an open source data analytics tool, rebrands as dbt Labs and raises $150M Series C at a $1.5B valuation — Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out. — Let the OSS Enterprise newsletter guide your open source journey!| 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 … | 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 … | Annabelle Dickson / Politico: |
Critics say UK's Online Safety Bill gives disproportionate powers to the government in the name of protecting users, with worrying implications for free speech — The Online Safety Bill blurs the line between ministers and the independent regulator, say critics.| Mary Ann Azevedo / TechCrunch: |
Tomo, a startup founded by former Zillow execs aiming to simplify and speed up the mortgage process, raises $70M seed led by Ribbit Capital — There are so many startups pledging to reinvent the mortgage process that it's hard to keep up. But for anyone who has had to go through the process … | Catie Keck / The Verge: |
Senator Warren asks the FTC for a “broad and meticulous review” of Amazon's MGM acquisition, citing Amazon's anticompetitive history and growing monopoly power — Warren argues the deal could hurt consumers — Senator Elizabeth Warren is calling on the Federal Trade Commission … | 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.| 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| 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.| Mike Wheatley / SiliconANGLE: |
Versa Networks, whose SASE service lets companies unify their network and security tools into a single management console, raises $84M Series D — Network security startup Versa Networks Inc. banked an $84 million late-stage round of funding today that brings its total amount raised to $196 million.| Madeleine Hodson / PrivacySharks: |
Data on 700M LinkedIn users for sale on a forum, with info like names, addresses, inferred salary; LinkedIn says it seems some of the data is from other sources — Things are not looking good for LinkedIn right now. Just two months after a jaw-dropping 500 million profiles from the networking site … | 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.
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| Tom Warren / The Verge: |
| Mary Ann Azevedo / TechCrunch: |
| Shara Tibken / CNET: |
| Faiz Siddiqui / Washington Post: |
| Harry McCracken / Fast Company: |