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July 31, 2021, 5:10 AM
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| Stephanie Bodoni / Bloomberg: |
In a filing, Amazon disclosed EU privacy regulators fined the company a record $888M for violating GDPR data storage rules in a July 16 decision — - Luxembourg watchdog wields new powers with highest data fine — Fine follows probe based on complaint by French privacy group
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CNBC, Wall Street Journal, BBC, Reuters, The Verge, The Record, La Quadrature du Net, BleepingComputer, TechRadar, TechCrunch, Variety, Mashable, CNN, Android Headlines, TechSpot, The Register, HotHardware.com News, Android Central, Financial Times, Politico, SiliconANGLE, PYMNTS.com, iPhone in Canada Blog, Forbes, Gizmodo, Politico, BGR, PCMag, MSPoweruser, The Wrap, CNET, AppleInsider, Engadget, Insider, The Mac Observer, and GeekWire
| Amazon.com, Inc.: |
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GeekWire, Barron's Online, NBC News, Financial Times, Marketing Dive, TNW, PYMNTS.com, CNBC, TechSpot, Fast Company, Tamebay, The Register, The Guardian, and Reuters
| Natalie Wolchover / Quanta Magazine: |
Physicists say they used Google's quantum computer to demo a time crystal, which forever cycles between states without consuming energy, for the first time — Like a perpetual motion machine, a time crystal forever cycles between states without consuming energy.| Associated Press: |
The Justice Department says 27 US Attorney offices had at least one employee's Microsoft email account breached by Russian hackers from May 7 to Dec. 27, 2020 — WASHINGTON (AP) — The Russian hackers behind the massive SolarWinds cyberespionage campaign broke into the email accounts … | Russ Mitchell / Los Angeles Times: |
New book claims Elon Musk demanded to be made Apple CEO during Tesla buyout talks in 2016, before Tim Cook cursed and hung up; Musk says he never spoke to Cook — Power Play: Tesla, Elon Musk, and the Bet of the Century — If you buy books linked on our site, The Times may earn a commission …
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BBC, The Verge, 9to5Mac, TechCrunch, MacRumors, 9to5Mac, Daily Mail, Gizchina, Wall Street Journal, The Hill, Ubergizmo, iDownloadBlog.com, Wall Street Journal, Fortune, iThinkDifferent, CNN, Gizmodo, CNET, Silicon Valley Business …, iPhone Hacks, Mashable, Trusted Reviews, KnowTechie, mobilesyrup.com, Neowin, Forbes, Variety, fossbytes.com, Washington Post, MSPoweruser, Wccftech, Insider, MacDailyNews, iPhone in Canada Blog, Bloomberg, iMore, AppleInsider, MacRumors, iClarified, and The Mac Observer
Tweets: @elonmusk, @elonmusk, @elonmusk, @markgurman, @markgurman, @crtrud, @timkhiggins, @rmac18, @elonmusk, @timsweeneyepic, @markgurman, @elonmusk, @somospostpc, @superscientific, @campuscodi, @markgurman, @kantrowitz, @resistbotatwork, @chancehmiller, @hallstephenj, @bzamayo, @mikebeas, @dbreunig, @markgurman, @edzitron, @alex_avoigt, @chancehmiller, @snazzyq, @bonejail, @bizmarkiedesade, @rmac18, @russ1mitchell, @martinsfp, @carnage4life, @timkhiggins, @daniel_rubino, @gerberkawasaki, @trungtphan, @gerberkawasaki, @anildash, @charlesarthur, @jonyiveparody, @scobleizer, @gartenberg, @chrisbloomstran, @tomgara, @downeastcapital, and @alexyablon
| Dan Wang / Foreign Affairs: |
How US sanctions forced Chinese companies to develop key tech themselves, aligning the companies' incentives with China's goal of economic self-sufficiency — In 2016, AlphaGo, a computer program developed by machine learning experts in London, beat the world's top players of the classical Chinese board game Go.
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IP Osgoode, Barron's Online, and news.com.au
Tweets: @kennedycsis, @charlesmok, @thisissoliman, @jchengwsj, @jchengwsj, @gyude_moore, @danwwang, @iandenisjohnson, and @foreignaffairs
| Reuters: |
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U.S. Securities …, CNN, Protocol, PYMNTS.com, Blockworks, Associated Press, ZDNet, Financial Times, Axios, Bloomberg, and Reuters
Tweets: @garygensler, @reuters, @vlajournaliste, @danwwang, @senatorhagerty, and @secgov
| Telegram: |
Telegram's latest update adds group video calls of up to 1,000 users with 30 simultaneous broadcasts, video messages, screen sharing during video calls, more — This update takes video to the next level. Group video calls now have up to 1000 viewers, video messages record in higher quality …
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MacRumors, Engadget, MUO, Android Police, HC Newsroom, Releases, and Droid Life. Tweets: @telegram
| Stephen Shankland / CNET: |
Twitter offers bug bounty of up to $3,500 to spot bias in its photo cropping algorithm, which was shown to favor white people over Black people — Twitter has a new way to rid itself of artificial intelligence bias: pay outsiders to help it find problems. On Friday, the short-message app …
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Twitter, The Economic Times, BGR India, The Verge, Engadget, SlashGear, and fossbytes.com
Tweets: @stshank, @quinnypig, @erickgalinkin, @ahandvanish, and @jesirae
| Tim Perry / HTTP Toolkit: |
Safari's extremely slow pace in adopting popular features and fixing showstopping bugs, and refusal to engage with contentious API proposals, is harming the web — There's been a lot of discussion recently about how “Safari is the new IE” (1, 2, 3, 4, 5). — I don't want to rehash … | Nicholas Megaw / Financial Times: |
Digital bank Monzo reveals a loss of £130M on £66M revenue for the year ended Feb. and says UK FCA is investigating it over potential money laundering breaches — Digital lender suffers second ‘going concern’ warning from auditors — The Financial Conduct Authority …
Source:
Monzo and Monzo. More:
Sifted, Finextra, Telegraph, altfi.com, The Paypers, FStech, Financial News, CNBC, BBC, The Guardian, Daily Mail, City A.M., The Independent, Law360, Proactiveinvestors UK, The Times, and PYMNTS.com
Tweets: @comaware_4s and @siftedeu
| Brian Merchant / VICE: |
Metaverse, as Zuckerberg and others imagine, is an odd vision built from a compendium of juvenile fantasies, perceived market opportunities, and overt dystopias — Silicon Valley CEOs keep hailing its imminent arrival as they hawk digital goods, but the metaverse was a dystopian idea from its inception.
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TNW. Tweets: @anildash, @margaretomara, @bcmerchant, @gerritd, @meganmorrone, @ckunzelman, @fabiochiusi, @smdiehl, @vice, @michaelhazani, @motherboard, @vectorpoem, @parismarx, @qcapital2020, @eric_seufert, @ethanz, and @peterme
| Shiri Habib-Valdhorn / Globes Online: |
Riskified, an Israeli e-commerce fraud protection company, began trading on the NYSE on Thursday after raising $363M in its IPO, at a valuation of $3.3B — The Israeli e-commerce fraud protection company is raising $363 million and an additional $55.1 million, if the underwriters exercise their options.| Financial Times: |
Educational publisher Pearson says it is switching to a subscription model for all of its 1,500 titles, available for $14.99/month through its new Pearson+ app — Educational publisher attempts move to Netflix model with access to 1,500 titles for $14.99 a month
Source:
PR Newswire. More:
Inside Higher Ed, The Independent, Reuters, The Times, Bookseller News, EdScoop, and ZDNet
| Paul Smith / Australian Financial Review: |
Australia-based IntelligenceBank, a marketing software provider for brands, raises $37M from Five Elms Capital to help speed up its expansion in the US — IntelligenceBank, a Melbourne-based marketing operations platform that counts ANZ Bank, National Australia Bank, Suncorp, Bupa, KFC …
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Startup Daily
| Nikkei Asia: |
Vietnam-based VNLife, the parent company of VNPay, which helps banks provide mobile payment apps and other digital services, raises $250M at a valuation of $1B+ — Payments system provider raises $250 million in deal led by US investors — TOKYO — Vietnamese payments provider VNLife … | Digbijay Mishra / The Economic Times: |
B2B commerce and financing startup OfBusiness raises $160M led by SoftBank Vision Fund 2 at a valuation of $1.5B, becoming the 18th Indian unicorn for the year — B2B commerce startup valued at $1.5 billion; New capital to be used for acquisition, expansion
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Entrackr
| Eric Seufert / @eric_seufert: |
[Thread] Facebook's future prospects remain strong as the secular rise of digital advertising blunts any headwinds from regulators, Apple, critics, and others — My takeaway from $FB earnings: Facebook will inevitably become the most important company in the lives of most people on Earth for the next 20-30 years. I don't see any credible, extant mechanism that can constrain its growth (1/X)
| Chaim Gartenberg / The Verge: |
A look at Intel's dismal 2020, which saw the delay of its 7nm architecture, Apple's switch to Arm-based chips, and the departure of Jim Keller and other execs — In the summer of 2020 Intel seemed poised for triumph. Then it all went wrong. “To put it briefly: Intel blew it,” …
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Creative Strategies. Tweets: @iancutress, @tomwarren, @benbajarin, @dimillian, @eastdakota, and @timsweeneyepic
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