| New York Times: |
Book excerpt shows how Zuckerberg and Sandberg's partnership deteriorated during the Trump era, as Zuckerberg increasingly made the biggest policy decisions — The company they built is wildly successful. But her Washington wisdom didn't hold up, and neither did their close working relationship.| CNBC: |
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2 — - Simo will succeed Instacart founder Apoorva Mehta on Aug. 2, and Mehta will transition to executive chairman of the board.| Wilson White / The Keyword: |
Google says antitrust suit by 37 AGs is meritless as it ignores competition from Apple's App Store, Android's openness for competing app stores, app sideloading — We built Android to create more choices in mobile technology. Today, anyone, including our competitors … | Jon Porter / The Verge: |
AG suit alleges Google tried to “preemptively quash” Samsung's Galaxy app store by offering to pay Samsung, stopping OEMs from offering other stores, and more — ‘Competition in app distribution is a virus to be eliminated’ — Google used anticompetitive practices in an attempt to … | Leah Nylen / Politico: |
| Zack Seward / CoinDesk: |
Crypto financial services company Circle says it is going public via a SPAC merger at a $4.5B valuation — The deal values Circle at $4.5 billion. — Circle is going public in a deal that values the crypto financial services firm at $4.5 billion, the firm said Thursday.| Sascha Segan / PCMag: |
Qualcomm and Asus partner to launch the “Smartphone for Snapdragon Insiders”, a $1,499 handset with Snapdragon 888, a glowing Snapdragon logo, and more — The Asus-made phone will showcase features that Qualcomm has been promoting but hasn't added to other prominent devices in the US.| Patrick Howell O'Neill / MIT Technology Review: |
How a years-long cybercrime investigation by FBI, Russia, and Ukraine was undone by corruption, rivalry, and stonewalling, resulting in the hackers going free — Russia and Ukraine promised to cooperate and help catch the world's most successful hackers. But things didn't quite go to plan.| Tom Warren / The Verge: |
Internal memo shows Microsoft is giving a $1,500 pandemic bonus to all eligible employees in the US and internationally — Most non-executive employees are eligible — Microsoft is gifting its employees a $1,500 pandemic bonus. In an internal memo seen by The Verge … | Gerry Smith / Bloomberg: |
A look at Peacock as it enters its second year, considers expansion abroad, and tries to grow paid subscriptions; sources: 20% of Peacock's 14M MAUs pay for it — Inside 30 Rockefeller Plaza in New York last month, NBC executives revealed their long-awaited plan to use the Olympics to supercharge their streaming service, Peacock.| Katie Wickens / PC Gamer: |
Amid a global chip shortage, Hong Kong customs says it stopped multiple attempts of CPU smuggling over the past few weeks — The smaller the chips become, the more cavities they'll fit into. — In a recent trend, border smugglers have turned from their usual tricks of smuggling mobile phones, and trained their eyes on PC parts.| Richard Nieva / CNET: |
Anger grows among some Google staff about “hypocritical” remote work decisions and transfers as senior exec Urs Hölzle announces plans to work from New Zealand — As Google employees around the world make plans for post-pandemic work at the tech giant, Laura de Vesine won't be among them.| Adi Robertson / The Verge: |
Oversight Board reverses a decision banning an Instagram post that criticized solitary confinement, after finding Facebook “lost” a policy exception for 3 years — An exception to the ban on supporting ‘dangerous entities’ — Instagram accidentally banned … | FinSMEs: |
Instawork, a marketplace that connects hourly workers with employers, raises $60M Series C led by Craft Ventures, bringing its total raised to $100M — Instawork, a San Francisco, CA-based digital marketplace connecting local businesses with qualified professionals across the U.S., raised $60m in Series C financing.| Hanna Hoikkala / Bloomberg: |
A look at Sweden-based Embracer Group, which oversees 69 game development studios and has become Europe's most valuable game developer following an M&A spree — - Embracer's stock jumped more than 30-fold since 2016 debut — Analyst asks where growth will come from when M&A runs dry| Isabelle Lee / Insider: |
Visa partners with 50+ crypto firms, including Coinbase, to let users convert and spend crypto and says $1B+ was spent via crypto-linked Visa cards in H1 — - Visa is partnering with over 50 crypto companies to allow clients to spend digital currencies. — This means clients can buy … | Nikkei Asia: |
Sources: Google is acquiring Japanese cashless payment company pring for between $180M-$270M, with plans to offer fintech services in the country next year — US tech major's acquisition of cashless payment startup heralds more competition — TOKYO — Google is making a foray … | Ray A. Smith / Wall Street Journal: |
How dating apps are increasingly used to start platonic friendships, with average time spent on Bumble's BFF growing 83% for men and 44% for women in Q1 2021 — Millennials and members of Generation Z increased their use of dating apps to make platonic friends during the pandemic; ‘now we all have these big life moments together’| Bloomberg: |
Twitter says it will “fully comply” with India's new IT rules, has appointed an interim chief compliance officer, and will name a grievance officer by July 11 — Twitter Inc. pledged to “fully comply” with India's new internet regulations, caving in a dispute with the government … | CNBC: |
Donald Trump sues Facebook, Twitter, and YouTube, as well as Zuckerberg, Dorsey, and Pichai, claiming the companies have violated his First Amendment rights — - Former President Donald Trump announced he is suing Facebook, Twitter and Google, as well as their respective CEOs Mark Zuckerberg, Jack Dorsey and Sundar Pichai.| Bonnie Kristian / The Week: |
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| Rashi Shrivastava / Forbes: |
| Fu Ting / Associated Press: |
| Nishant Sharma / BloombergQuint: |
| Romain Dillet / TechCrunch: |
| Wall Street Journal: |