| Bloomberg: |
Netflix hires ex-Facebook and EA exec Mike Verdu as VP of game development; source: Netflix plans to offer games as a new programming genre within the next year — Netflix Inc., marking its first big move beyond TV shows and films, is planning an expansion into video games and has hired … | Alex Heath / The Verge: |
Twitter says it will retire Fleets, its Stories-like service, on August 3 after low adoption — A fleeting moment for Fleets — Say goodbye to Fleets, the row of fullscreen tweets at the top of the Twitter timeline that expire after 24 hours. The ephemeral tweet format is shutting … | Jackson Palmer / @ummjackson: |
| Ingrid Lunden / TechCrunch: |
Revolut raises $800M Series E from SoftBank's Vision Fund 2 and Tiger Global at a valuation of $33B; Revolut was last valued at $5.5B in 2020 — The fintech funding continues to roll in at a rapid pace, a result of the huge shift underway in how consumers spend and manage their money.| Dieter Bohn / The Verge: |
Android 12 Beta 3 introduces scrolling screenshots, a faster auto-rotate using face detection to determine the phone's orientation, and more new features — Plus, it will finally support scrolling screenshots — Google is releasing the latest beta for Android 12 right on schedule.| Manish Singh / TechCrunch: |
WhatsApp begins a limited beta for multi-device support, letting users access WhatsApp on up to four non-phone devices without an active smartphone connection — WhatsApp is finally pushing an improvement to a key feature that even the Facebook-owned instant messaging service acknowledges has been a top request from users for years.| Taylor Lorenz / New York Times: |
Mark Zuckerberg says Facebook will pay $1B to creators by the end of 2022; creators can earn money using Instagram or Facebook tools or by hitting milestones — Facebook is setting up a program to pay $1 billion to creators through the end of 2022, Mark Zuckerberg, Facebook's chief executive … | Tom Warren / The Verge: |
Microsoft announces Windows 365, letting businesses stream a version of Windows 10 or 11 in a web browser or through its Remote Desktop app, launching August 2 — Windows 365 is a new service that creates Cloud PCs — Microsoft is putting Windows in the cloud.| PYMNTS.com: |
Facebook says it will expand its Facebook Pay service beyond its own platforms, starting in August with Shopify vendors in the US — The cozy and consolidated universe of payment and digital wallet providers got a little less comfortable on Wednesday (July 14) after social media giant Facebook announced … | Reuters: |
US Consumer Product Safety Commission has sued Amazon to force it to recall hazardous products sold on its site, including 24K faulty carbon monoxide detectors — The U.S. Consumer Product Safety Commission (CPSC) said on Wednesday it has sued Amazon.com Inc (AMZN.O) to force the retailer … | Kevin Roose / New York Times: |
Facebook staff detail the fight over CrowdTangle, which notes top-engaging posts, often showing right-wing sources dominating; in April, its team was reassigned — 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.| Wall Street Journal: |
Avast says it is in advanced talks to merge with NortonLifeLock in a cash and stock deal; Avast has a market value of ~$7.2B — Cybersecurity firm Avast has market value of $7.2 billion — NortonLifeLock Inc. is in talks to buy cybersecurity firm Avast Plc in a deal that would expand the U.S. company's focus on consumer software.| Juli Clover / MacRumors: |
In macOS Monterey's new developer beta, Apple appears to walk back on its revamp of Safari's tabs, which were set to become more efficient with vertical space — In the third developer beta of macOS Monterey, which came out this morning, Apple has overhauled the design of Safari … | Tomio Geron / Protocol: |
Square acquires Crew, maker of a messaging service for retail and other in-person workers, for an undisclosed amount; Crew had raised ~$58M previously — Square has acquired Crew, maker of a messaging service for retail and other in-person workers, in a deal to bolster Square's workforce management products.| Ashley Carman / The Verge: |
Clubhouse debuts Backchannel, a DM feature supporting group messages and audio chat, on iOS and Android; the ability to send images or video will be added later — Never leave the app — Now, you can slide into people's Clubhouse DMs. The social audio company is launching its direct messaging feature … | Maddie Stone / The Keyword: |
Google's Threat Analysis Group breaks down three recent malware campaigns, likely state-backed, and notes a large uptick of in-the-wild 0-day attacks this year — Zero-day vulnerabilities are unknown software flaws. Until they're identified and fixed, they can be exploited by attackers.| Reuters: |
| Kirsten Korosec / TechCrunch: |
Woven Planet Holdings, a Toyota subsidiary that develops and invests in automated driving, has acquired 3D mapping startup Carmera for an undisclosed amount — Woven Planet Holdings — an entity created by Toyota to invest in, develop and eventually bring future of transportation technologies … | Josh Ye / South China Morning Post: |
China's output of semiconductors reached an all-time, single-month high of 30.8B units in June, up 43.9% YoY; China's chip production for H1 is up 48.1% YoY — China's integrated circuit output surpassed 30 billion units in June, a 44 per cent increase over the previous year Demand … | Justin Jouvenal / Washington Post: |
A look at efforts to scrutinize TrueAllele's secret algorithm, which US prosecutors are using to assess the likelihood of a suspect's DNA in a mixed sample — The Exxon clerk never got a good look at the assailants who robbed him at gunpoint in Fairfax County, so investigators hoped to bolster … | 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| Christine Hall / TechCrunch: |
Miami-based Unybrands, which acquires small e-commerce brands looking to scale their operations on and off Amazon, raises $300M from Crayhill Capital Management — Unybrands is the latest e-commerce aggregator to pick up a significant investment, this time closing $300 million in growth capital from Crayhill Capital Management.| Kyle Wiggers / VentureBeat: |
SecurEnds, which uses AI to help companies manage risk and compliance, raises $21M Series A led by Elephant — Join executive leaders at the Conversational AI & Intelligent AI Assistants Summit, presented by Five9. Watch now! — Identity governance platform SecurEnds today announced … | Kyle Wiggers / VentureBeat: |
Lambda, which offers AI-optimized hardware and develops a machine learning development framework, raises $24.5M from 1517, Gradient Ventures, and others — Join executive leaders at the Conversational AI & Intelligent AI Assistants Summit, presented by Five9. Watch now!
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