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July 8, 2021, 2:30 PM
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memeorandum
WeSmirchTop News
| 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.
More:
Insider. Tweets: @rmac18, @edludlow, @tsgiles, @ceciliakang, @juliacarriew, @seyitaylor, @seamushughes, @alibreland, @sheeraf, @sarahfrier, @dmccabe, @klonick, @bostonjoan, @evelyndouek, @profcarroll, @heathbrown, @jason_kint, @stevekovach, @karaswisher, @ceciliakang, @sheeraf, @ron_fournier, @ceciliakang, @satariano, @shiraovide, @ehananoki, @ceciliakang, @ceciliakang, @justinhendrix, @peterbakernyt, @venkatananth, @ron_fournier, @mjzalewski, @yaeleisenstat, @williamturton, and @nytimes
| 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.
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Instacart Corporate, Bloomberg, TechCrunch, Engadget, Protocol, Insider, Instacart Corporate, Financial Times, Fortune, Bloomberg, and Tech News
Tweets: @dee_bosa, @kurtwagner8, @mikeisaac, @coryweinberg, @pucknorris, @joshconstine, @ellenhuet, @sarahfrier, @initialized, @apoorva_mehta, @dee_bosa, @mitchgarber, @danidudeck, @rachaelrad, @sriramk, @joannastern, @richlightshed, @modestproposal1, @levynews, @robleathern, @jess, @instacart, @nmasc_, @sarthakgh, @pkafka, @alexeheath, @garrytan, @zerobeta, @eladgil, @caseynewton, @alexisohanian, @saranormous, @jess, @bradstone, @kurtwagner8, @mikeisaac, @sarafischer, and @stevekovach. Thanks:@mattrosoff
| Wilson White / The Keyword: |
Google says antitrust suit by 37 AGs targeting Google Play is “meritless” as it ignores Android's openness to allow competing app stores and sideloading of apps — We built Android to create more choices in mobile technology. Today, anyone, including our competitors …
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Bloomberg, BBC, ZDNet, Ars Technica, Thurrott, Android Police, Gamasutra, Techdirt, Insider, iPhone in Canada Blog, Droid Life, MSPoweruser, iThinkDifferent, Windows Central, TechSpot, KnowTechie, phonearena.com, XDA Developers, Silicon Republic, Tech Xplore, The Mac Observer, USA Today, and Mashable
Tweets: @keleftheriou, @lockheimer, @bobbyallyn, @ihnatko, @slightlylate, @thelinuxexp, @dr_scaphandre, and @dnaltews
| 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: |
AGs from 36 states and DC file an antitrust suit against Google, targeting Play Store's practice of making devs use its billing system and charging a commission — The lawsuit filed in California federal court is the third by state attorneys general to target the company for alleged antitrust violations.
More:
New York Times, TechCrunch, Washington Post, Input, Engadget, Reuters, Philip Elmer‑DeWitt, Firstpost Tech, The Overspill, CNN, and TNW
Tweets: @joshstein_, @timsweeneyepic, @backlon, @backlon, @newyorkstateag, @kifleswing, @stevesi, @citizenalex3, @backlon, @daiwaka, @econ_marshall, @klasfeldreports, @timsweeneyepic, @jacknicas, @vijayshekhar, @derekmross, @snazzyq, @senblumenthal, @agellison, @backlon, @reckless, @mmasnick, @ddayen, @econliberties, @stevekovach, and @matthewstoller
| 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.
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Engadget, Qualcomm, Thurrott, Android Authority, 9to5Google, HotHardware.com News, Forbes, CNET, AnandTech, Gizmodo, XDA Developers, mobilesyrup.com, Liliputing, Android Headlines, iPhone in Canada Blog, phonearena.com, Neowin, Phandroid, TechRadar, Android Central, Android Central, Digital Trends, Pocket-lint, and Notebookcheck.net
Tweets: @tnkgrl, @maxwinebach, @markhachman, @ronamadeo, @saschasegan, and @gartenberg
| 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.| 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 …
More:
Visa, TechSpot, KnowTechie, and Forkast
Tweets: @terryangelos, @chrislbecker, @visanews, @sbf_alameda, @ldrogen, and @rosshill
| 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 …
More:
The Verge, Entrackr, Reuters, The Economic Times, Times of India, and India Today
Tweets: @ashwinivaishnaw and @technology
| 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.
More:
Wired. Tweets: @howelloneill, @selenalarson, @techreview, @howelloneill, @howelloneill, @k8em0, and @howelloneill
| 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 … | 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.
More:
Insider. Tweets: @mattrosoff, @trickholland, @alphabetworkers, and @richardjnieva. Thanks:@rogerwcheng
| Wall Street Journal: |
A Dutch security researcher group says it had notified Kaseya in April about one of the flaws that was exploited in the devastating ransomware attack last week — President Biden is meeting officials to discuss recent attacks, including latest affecting hundreds of organizations around the world
More:
DIVD CSIRT, Protocol, CRN, SC Media, The Register, The Hill, Silicon Republic, ComputerWeekly.com, and SecurityWeek
Tweets: @mbthreatintel, @malwarejake, @erratarob, @nicoleperlroth, @gazthejourno, @dnvolz, and @wsj
| Anna Irrera / Reuters: |
Research: fintech companies globally raised $54.1B between January and June, more than total raised in the two previous years — Fintech companies based in London raised more funding from venture capital investors in the first six months of 2021 than in any other year … | Nishant Sharma / BloombergQuint: |
Zomato prices shares at $0.96-$1.02 for its IPO in India that opens on July 14, seeking to raise $1.3B at valuation of about $8B — Zomato Ltd. is seeking a valuation of up to Rs 60,000 crore as the food ordering and delivery platform looks to raise capital for expansion.| Bonnie Kristian / The Week: |
Trump's lawsuits that claim Facebook, Twitter, and YouTube violated his First Amendment rights are just PR and fundraising tools, and likely legally doomed — One member of this class action is not like the others — Former President Donald Trump announced himself on Wednesday …
More:
Mediaite, Knight First Amendment …, ZDNet, Bloomberg, Techdirt, and techpolicyinstitute.org
| CNBC: |
More:
Protocol, Wall Street Journal, Washington Post, Insider, Engadget, and BBC
Tweets: @nytnickc, @jannwolfe, @bradheath, @aricohn, @adamsteinbaugh, @bradheath, @nandu79, @isabellaredjai, @jyarow, @samstein, @devlinbarrett, @bencjacobs, @steve_vladeck, @jaywillis, @tribelaw, @barbmcquade, @svdate, @ememess, @willoremus, @jolly_jack, @frankluntz, @ariehkovler, @steve_vladeck, @jannwolfe, @bradmossesq, @arguendiot, @akivamcohen, @w_terrence, @adamkinzinger, @timobrien, and @saracarterdc
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| Fu Ting / Associated Press: |
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Tweets: @kenroth, @bitinn, @mkabhijit2, @pakwayne, @pakwayne, @alliancelgb, @jkylebass, and @lopezlinette
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Reuters, FinLedger, Finextra, RTÉ, Tech.eu, Silicon Canals, Silicon Republic, Coinspeaker, Finbold, and altfi.com
Tweets: @cecilebussy, @sarahkocianski, and @djarisarah
| Kishan Vyas / XDA Developers: |
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AnandTech, The Register, HotHardware.com News, Thurrott, mobilesyrup.com, iPhone in Canada Blog, International Business Times, The Verge, Android Headlines, Neowin, KnowTechie, Gizchina, TNW, and TGDaily
Tweets: @geekbench, @geekbench, @mishaalrahman, @johnwilander, @epandu, @stufflistings, and @saranbyte
| Jason Schreier / Bloomberg: |
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Ubisoft, Game Rant, thegamer.com, TechPowerUp, International Business Times, OnMSFT.com, GamingBolt, and Game Informer. Tweets: @jasonschreier