| Stephen Nellis / Reuters: |
Intel says its Foundry Services will build chips for Qualcomm and AWS and lays out a roadmap to catch up with TSMC and Samsung by 2025 — Intel Corp (INTC.O) said on Monday its factories will start building Qualcomm Inc (QCOM.O) chips and laid out a roadmap to expand its new foundry business … | Olivia Solon / NBC News: |
Instagram announces changes for teen accounts, including making them private by default, restricting messages from “suspicious” adults, and limiting ads — Instagram has introduced protections for its teenage users to default young people into private accounts and make it harder for … | Paul Sawers / VentureBeat: |
1Password raises $100M led by Accel at a $2B valuation, after raising $200M in 2019, and says it now has 90,000 business customers — All the sessions from Transform 2021 are available on-demand now. Watch now. — Password management platform 1Password has raised $100 million … | Paul Sawers / VentureBeat: |
Element, a messaging app built on top of decentralized protocol Matrix, raises $30M Series B from Protocol Labs and others, bringing total raised to $48M — All the sessions from Transform 2021 are available on-demand now. Watch now. — Let the OSS Enterprise newsletter guide your open source journey!| Janko Roettgers / Protocol: |
Facebook announces a new Metaverse product group, with plans to hire hundreds of staff, led by Instagram VP Vishal Shah, reporting to VR/AR VP Andrew Bosworth — The company plans to hire hundreds of new staffers for the group. — Facebook is all in on the Metaverse … | Dieter Bohn / The Verge: |
Samsung confirms it won't launch a new Galaxy Note at its Unpacked event on Aug. 11, instead focusing on new Galaxy Z phones and an S Pen designed for foldables — The company also promises ‘enhanced durability’ — Samsung isn't looking to have many surprises at its August 11th Unpacked event.| Tom Krazit / Protocol: |
Google issues a new Enterprise APIs policy, promising that APIs will remain available far into the future, aiming to move past a reputation for killing services — Google Cloud issued a promise Monday to current and potential customers that it's safe to build a business around its core technologies … | Todd Shields / Bloomberg: |
FCC challenges a bid won by SpaceX for $886M in rural broadband subsidies, concerned some of the spending may be wasteful, duplicative, or headed for other uses — - Company is among 197 winning bidders to get letters from FCC — Agency says it's cleaning up results from auction last year| Mary Ann Azevedo / TechCrunch: |
Fireblocks, which lets users store, transfer, and issue digital assets, raises $310M Series D led by Sequoia, Stripes, and Spark at a $2.2B valuation — Fireblocks, an infrastructure provider for digital assets, has raised $310 million in a Series D round of funding that tripled … | Ashley Carman / The Verge: |
Pinterest announces monetization tools for creators, including tagging products in Idea Pins to earn commissions, available to US and UK business accounts — Expect more encouragement to start shopping — Pinterest is going after the influencer market. The platform announced its first set … | Lauren Sommer / NPR: |
A look at the risks posed by rising sea water levels at Facebook, Google, and other Silicon Valley campuses and questions over who pays to protect them — In the heart of Silicon Valley, the world's biggest tech companies are expanding their headquarters on the edges of San Francisco Bay.| Jason Schreier / Bloomberg: |
About 1,000 current and former Activision Blizzard employees say the company's response to its recent lawsuit is “insulting”, in a letter to leadership — Nearly 1,000 current and former Activision Blizzard Inc. employees have signed a letter calling the company's responses … | Coco Feng / South China Morning Post: |
Cryptocurrency exchanges Huobi and OKCoin are closing their subsidiaries in Beijing, as China expands its crack down; shares of Huobi's parent drop ~22% — The latest moves by Huobi and OKCoin follow the central government's actions against businesses related to bitcoin and other cryptocurrencies BTCChina … | Kyle Wiggers / VentureBeat: |
DataRobot, which helps companies train and deploy ML models, raises $300M Series G at a $6.3B post-money valuation, up from $2.7B in November 2020 — All the sessions from Transform 2021 are available on-demand now. Watch now. — DataRobot, a startup creating an enterprise AI development platform … | Sara Castellanos / Wall Street Journal: |
PsiQuantum, which aims to build a commercial quantum computing machine with 1M qubits, raises $450M Series D at $3.15B valuation, bringing total raised to $665M — Palo Alto, Calif., startup says its approach of using photons as quantum bits will lead to reliable calculations without errors| Jane Lee / Reuters: |
| MacKenzie Sigalos / CNBC: |
In its Q2 earnings report, Tesla says it suffered $23M in bitcoin-related impairments, after bitcoin dropped from $63K in April to under $40K now — - Tesla reported bitcoin-related impairments of $23 million in the second quarter as crypto prices plunged.| Reuters: |
Tencent says it is temporarily suspending WeChat user registrations in China as it upgrades its systems to comply with new security regulations — Tencent's (0700.HK) WeChat has temporarily suspended registration of new users in mainland China as it undergoes a technical upgrade … | Catalin Cimpanu / The Record: |
Apple updates iOS, iPadOS, and macOS to address a zero-day flaw that was reportedly actively exploited, making it the 13th zero-day Apple has patched this year — Apple has released patches today for iOS, iPadOS, and macOS to address a zero-day vulnerability that the company says has been exploited in the wild.| Tage Kene-Okafor / TechCrunch: |
South Africa-based Yoco, which offers offline and online payment solutions for SMEs, raises $83M Series C led by Dragoneer, bringing total raised to $107M — Small and medium enterprises (SMEs) contribute heavily to the economic success of many countries, particularly those in the developing world.| Mark Gurman / Bloomberg: |
According to code found in the Oculus iPhone app, Facebook is exploring letting users synchronize Oculus workout data with Apple Health — - Oculus could let users store workout data in iPhone Health app — Oculus Move lets users see calories burned in virtual reality| Christine Hall / TechCrunch: |
Nium, a Singapore-based B2B payments company, raises $200M Series D at a $1B+ valuation led by Riverwood Capital, with Temasek, Visa, and others participating — Business-to-business payments platform Nium announced Monday that it raised more than $200 million in Series D funding and saw its valuation rise above $1 billion.| Bloomberg: |
China issues regulations for food delivery platforms, mandating minimum wage, respect for worker rights, and more, leading to Meituan shares dropping by 14%+ — - It extended losses after Beijing issued food platform curbs — Meituan is grappling with a broader antitrust investigation
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