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July 14, 2021, 10:20 AM
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| Brent Kendall / Wall Street Journal: |
Facebook says it is seeking the recusal of FTC chair Lina Khan in the agency's deliberations over a new antitrust case, following a similar move by Amazon — Social-media giant follows Amazon in citing Lina Khan's tech criticisms, congressional work to question her impartiality| Bloomberg: |
Sources: Apple has asked suppliers to build up to 90M next-generation iPhones this year, up 20% YoY; this year's update will be more incremental than iPhone 12 — - Company targets 90 million shipments of this year's new models — Iterative iPhone upgrade to boost chips, cameras and displays
More:
The Verge, 9to5Mac, iThinkDifferent, CNBC, Laptop Mag, phonearena.com, iPhone in Canada Blog, Cult of Mac, TechRadar, AppleInsider, Digital Trends, iPhone Hacks, Trusted Reviews, MacRumors, iMore, and FrontPageTech.com
Tweets: @vladsavov, @markgurman, and @mgsiegler
| Kevin Roose / New York Times: |
Facebook employees detail a clash over CrowdTangle, a tool that showed high engagement with right-wing media, which was moved under the Integrity team in April — Executives at the social network have clashed over CrowdTangle, a Facebook-owned data tool that revealed users' high engagement levels with right-wing media sources.| Bloomberg: |
Sources: Apple and Goldman Sachs are working on a “buy now, pay later” service to let consumers pay for any Apple Pay purchase in installments, rivaling Affirm — - Service to let users pay off any Apple Pay purchase over time — Fresh partnership with Apple could boost Goldman consumer push
More:
Reuters, Livemint, Insider, iThinkDifferent, AppleInsider, TechRadar, Wccftech, MacDailyNews, Firstpost Tech, CNBC, Coinspeaker, O'Grady's PowerPage, BGR, Trusted Reviews, iMore, Pocket-lint, altfi.com, FrontPageTech.com, PYMNTS.com, Gizmodo, Patently Apple, FinLedger, Engadget, Forbes, SlashGear, Finextra, iPhone in Canada Blog, iPhone Hacks, KnowTechie, iDownloadBlog.com, and MacRumors
Tweets: @psythor, @sub8u, @mdudas, @gartenberg, @caro_milanesi, @business, @ryan_browne_, @markgurman, @mattrosoff, and @carnage4life
| Casey Newton / Platformer: |
An Ugly Truth attributes many of Facebook's scandals to its capitalist origins, while arguably the biggest scandals extend from it impacting human psychology — Three ways of looking at a Facebook scandal — I. The CSO and The Wire — As the second season of the great 2000s crime drama … | Telegraph: |
More:
Insider, NPR, Pixel Envy, The Daily Dot, and CNN
Tweets: @evacide, @josephfcox, @caseynewton, @platformer, @televiseanarchy, @yaeleisenstat, @andreakuszewski, @nycsouthpaw, @jason_kint, @knowyourix, @mattzeitlin, @sheeraf, @brianstelter, @nprfreshair, @kimmasters, @floorter, @andrewcfrancis, @underthebreach, @brooklynmarie, @sheeraf, and @karaswisher
| Wall Street Journal: |
Sources: Alibaba and Tencent are separately working on plans to open their services to each other, as China's crackdown makes keeping barriers more difficult — Mounting regulatory pressure could bring about a major shift in how China's tech giants operate| Issie Lapowsky / Protocol: |
Inside the World Wide Web Consortium as members debate the future of online privacy, with browsers' engineers often at odds with companies that rely on tracking — James Rosewell could see his company's future was in jeopardy. — It was January 2020, and Google had just announced key details … | Catalin Cimpanu / The Record: |
Microsoft says the attacks targeting SolarWinds Serv-U software with a now-patched RCE exploit are the work of Chinese hacking group DEV-0322 — Microsoft said today that the recent wave of attacks that have targeted SolarWinds file transfer servers are the work of a Chinese hacking group …
More:
Microsoft Security Blog, Neowin, Engadget, BleepingComputer, The Register, The Hacker News, and SecurityWeek
Tweets: @tomwarren, @mrbcyber, @campuscodi, @jarwidmark, @likethecoins, and @likethecoins
| The Information: |
In April, Amazon acquired over a dozen staff from Facebook to boost its own low earth orbit satellite internet efforts; Amazon paid Facebook to seal agreement — Amazon has acquired a team of more than a dozen wireless internet experts from Facebook in an effort to boost its multibillion-dollar effort …
More:
The Verge, mobilesyrup.com, Finbold, Engadget, Protocol, SiliconANGLE, and Insider
Tweets: @sylviavarnham, @lauramandaro, @jessicalessin, @bysarahkrouse, @quinnypig, @nickwingfield, @stephennellis, @thekenyeung, and @amir
| Queenie Wong / CNET: |
Facebook is rolling out the ability for Group administrators to designate “group experts”, partly in an effort to help Facebook combat misinformation — The social network has been trying to combat misinformation by elevating authoritative sources.
More:
About Facebook, 9to5Mac, Engadget, The Verge, Beyond Search, SiliconANGLE, Facebook, Gizmodo, Search Engine Journal, and Adweek
Tweets: @iansherr, @evelyndouek, @qwongsj, @techledes, and @mmasnick
| Reuters: |
Twitter says governments made 361 demands to remove content from 199 verified accounts of journalists and news outlets in H2 2020, up 26% from H1 — Twitter Inc (TWTR.N) saw a surge in demands over the course of last year from governments around the world to take down content posted … | Bloomberg: |
European Central Bank says it will begin a 24-month “investigation phase” that could lead to the creation of a digital euro by around 2025 — - Process will take 24 months before decision on adoption taken — ECB says infrastructure would use far less energy than Bitcoin
More:
European Central Bank, CoinDesk, Finextra, CNBC, Crypto Briefing, Cryptonews, DW.COM, Reuters, and Bloomberg
Tweets: @ecb, @ecb, @ecb, @vdombrovskis, and @lagarde
| Catie Keck / The Verge: |
Netflix launches two tools for parents: a Top 10 row for age-restricted profiles and a bi-weekly Kids Recap Email to give insights into watching habits — Just like on regular Netflix — Netflix is launching two new tools this week that should help make finding age-appropriate content …
More:
Protocol, Engadget, About Netflix, PCMag, and Variety
| Lawrence Abrams / BleepingComputer: |
REvil's infrastructure and websites are offline, including its data leak sites, less than two weeks after attacking 1,500+ businesses with ransomware via Kaseya — The infrastructure and websites for the REvil ransomware operation have mysteriously gone offline as of last night.| Manish Singh / TechCrunch: |
India has indefinitely banned Mastercard from issuing new debit, credit, or prepaid cards over noncompliance with local data storage rules — Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit, or prepaid cards to customers in the South Asian market over noncompliance with local data storage rules.
More:
Entrackr, Reuters, and TechCircle
| Brian Krebs / Krebs on Security: |
Microsoft fixes 13 critical flaws, four of which are under active attack, and updates a fix for the “PrintNightmare” RCE flaw impacting Windows Print Spooler — Microsoft today released updates to patch at least 116 security holes in its Windows operating systems and related software.
More:
Zero Day Initiative, Gizchina, Windows Report, ComputerWeekly.com, The Register, ZDNet, Threatpost, Neowin, Security Boulevard, SANS Internet Storm Center …, and BleepingComputer. Tweets: @mdowd
| New York Times: |
Two GOP lawmakers are pointing to previously unreleased emails to allege that Amazon unfairly used its influence in competing for Pentagon's JEDI cloud contract — Newly released emails show particular praise of Amazon among top Defense Department officials during the Trump administration …
More:
The Intercept. Tweets: @kenvogel, @repkenbuck, @saralsirota, @matthewstoller, @nytpolitics, @mideastxmidwest, @defensebaron, @repandybiggsaz, and @matthewstoller
| Taylor Hatmaker / TechCrunch: |
Discord buys Sentropy, which emerged from stealth last summer with AI-powered moderation software to fight online abuse and $13M in funding — The online chat platform Discord is buying Sentropy, a company that makes AI-powered software to detect and remove online harassment and hate.
More:
The Verge and Sentropy
Tweets: @jredgraves, @evelyndouek, @alexeheath, @alexisohanian, @tjc88, @jasoncitron, @jhblackb, @sentropy, @chapterone, and @garrytan
| Ingrid Lunden / TechCrunch: |
Railsbank, which develops APIs for banking, credit products and payment cards, raises $70M led by Anthos Capital; CEO says the company is “near unicorn” status — Financial services-as-a-service — where entities like neobanks, retailers and others can create and sell …
More:
altfi.com, FinSMEs, Tech.eu, Crowdfund Insider, Finextra, and Silicon Canals
| Mary Ann Azevedo / TechCrunch: |
Chicago-based investing app M1 Finance raises $150M Series E led by SoftBank's Vision Fund 2 at a $1.45B valuation, following $75M Series D in March 2021 — Just over four months after announcing a $75 million Series D, M1 Finance today is announcing a new $150 million Series E round of funding led by SoftBank's Vision Fund 2.
More:
Finextra
| The Economic Times: |
Pratilipi, which operates an online storytelling platform in India, raises a $48M Series D led by South Korean gaming giant Krafton — Online storytelling platform Pratilipi has raised $48 million (about Rs 357 crore) in its Series D round, led by South Korean gaming company Krafton Inc.| Albert Fox Cahn / Wired: |
How Twitter's rules make verification difficult for activists, with stricter requirements than for journalists, potentially reducing their credibility — A new program makes getting a blue checkmark too easy for ‘journalists’—and far too difficult for activists. — I NEVER CALLED myself a journalist until Twitter made me.
Tweets: @justinhendrix and @foxcahn
| Robin Wauters / Tech.eu: |
PE firm Permira says it has bought a 10.2% stake in Norway-listed online classifieds giant Adevinta, worth €1.9B, from eBay — Private equity powerhouse Permira has announced a strategic investment in Norway-listed online classifieds juggernaut Adevinta, buying approximately 125 million shares …
More:
Permira, The Economic Times, PR Newswire, Adevinta, Silicon Canals, Reuters, and Bloomberg. Thanks:@robinwauters
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