| Bloomberg: |
Facebook says it has disabled the accounts, apps, Pages, and access to its APIs for researchers running NYU's Ad Observatory Project, citing TOS violations — - Company says researchers of political ads were scraping data — NYU's Ad Observatory got cease-and-desist letter last October| Takashi Mochizuki / Bloomberg: |
Sony beats estimates with Q1 operating profit of $2.6B and says the PS5 is no longer selling at a loss; PS Plus subscribers declined to 46.3M from 47.6M — - Sony expecting more from music streaming and digital cameras — PlayStation software sales and subscriber additions slowed| Tom Warren / The Verge: |
Microsoft pauses free trials of its new Windows 365 service, which lets users stream Windows 10 or 11 via web browser, after “significant demand” — Windows 365 lets you stream a cloud PC to a web browser — Microsoft launched its new cloud PC Windows 365 service earlier this week … | Maggie Fitzgerald / CNBC: |
Robinhood shares surged as much as 80% on Wednesday, reaching $85, with trading halted several times, and closed the day at $70.39 up 50.41% — Cramer: Hedge funds think Robinhood is a house of cards — Robinhood shares soared again Wednesday, extending a wild rally in the newly public stock trading app's stock.| Joseph Cox / VICE: |
Internal document: Google fired dozens of engineers between 2018 and 2020 for abusing their access to data and tools — Some allegations potentially center around accessing Google user or employee data. — Joseph Cox — Google has fired dozens of employees between 2018 and 2020 … | Alex Konrad / Forbes: |
Email service Superhuman, which charges $30/month and hasn't formally launched, raises $75M Series C led by IVP, source says at a $825M valuation — Covering venture capital, software and startups — When Superhuman CEO Rahul Vohra agreed to meet with former Dropbox CFO Ajay Vashee's … | Salvador Rodriguez / CNBC: |
Instacart hires longtime Facebook ads chief Carolyn Everson, who left in June, as president, starting Sept. 7, following other high-profile hires from Facebook — - Weeks after poaching Facebook's Fidji Simo as CEO, Instacart hires Carolyn Everson as president.| Jessica Bursztynsky / CNBC: |
Uber beats estimates with record gross bookings of $21.9B, up 114% YoY, adjusted EBITDA loss of $509M, an improvement from $837M YoY; stock down 6%+ after hours — - Uber beat on both the top and bottom lines in its second quarter earnings report Wednesday. — The company reported a net income of $1.1 billion for the quarter.| Vittoria Elliott / Rest of World: |
A look at a new labor force using microtask platforms like Remotasks to create and edit data sets for self-driving cars, located primarily in the Global South — To master the roads, autonomous vehicles need lots of data. Workers everywhere from Kenya to Venezuela are providing it.| Catalin Cimpanu / The Record: |
Amazon, Google patch a bug in their DNS-as-a-Service platforms that left customers' internal networks and traffic exposed; other DNS providers likely vulnerable — At the Black Hat security conference today, two security researchers have disclosed a security issue impacting hosted DNS service providers … | Dean Takahashi / VentureBeat: |
Activision beats expectations in Q2 with revenue of $2.29B, up 19% YoY, and net bookings of $1.92B, down only 7% YoY, notes risks of the sexual harassment suit — Activision Blizzard reported earnings today that beat Wall Street's and its own expectations with 19% revenue growth to $2.29 billion for the second quarter ended June 30.| Richard Lawler / The Verge: |
| Sean Hollister / The Verge: |
| Todd Spangler / Variety: |
Roku beats with Q2 total net revenue of $645M, up 81% YoY, reaching 55.1M active accounts, up 1.5M QoQ, and 17.4B streaming hours, down 1B QoQ; stock drops 8%+ — Roku easily beat Wall Street forecasts for second-quarter 2021 earnings — posting record 81% revenue growth … | Mitchell Clark / The Verge: |
WhatsApp is rolling out a View Once feature for photos and videos that disappear from the chat after the recipient opens it — There and gone — WhatsApp is rolling out its “View Once” feature today, which deletes photos or videos from your chat after they've been opened by the recipient.| Bloomberg: |
A look at Amazon's dilemma around mandating worker vaccinations, which could alienate the many virus skeptics in its warehouse ranks, amid a tight labor market — While much of Corporate America scrambled to adjust Covid-19 policies this summer in response to a surge of cases … | Sam Shead / CNBC: |
After a report showed Amazon destroying millions of unsold items in the UK, Amazon introduces two programs to reduce waste, including reselling used items — - The so-called Fulfilment by Amazon programs, announced in a blog post on Wednesday, will help to build a circular economy, the company said.| Ingrid Lunden / TechCrunch: |
Atlanta-based FullStory, which offers analytics tools to improve user experiences, raises $103M Series D at a $1.8B valuation, bringing total raised to $170M — Even with all the years of work that have been put into improving how screen-based interfaces work, our experiences with websites … | Sarah Perez / TechCrunch: |
Tinder parent company Match Group says it will add audio and video chat, including group live video, to several of its brands over the next 12 to 24 months — Dating app maker and Tinder parent, Match Group, said during its Q2 earnings it will bring audio and video chat, including group live video … | Michael McSweeney / The Block: |
Senators Lummis, Wyden, Toomey propose amendment to infrastructure bill meant to exclude crypto devs, miners, node operators, more from the “broker” definition — A trio of U.S. senators is proposing a legislative exclusion for crypto companies, including miners and software developers … | Saniya More / The Block: |
NFT marketplace MakersPlace raises $30M Series A led by Bessemer Venture Partners and Pantera Capital; MakersPlace brought the $69M Beeple NFT to market — Quick Take — NFT marketplace MakersPlace has raised $30 million in a Series A round led by Bessemer Venture Partners and Pantera Capital.| Christine Hall / TechCrunch: |
Zeni, which offers AI-powered tools to startups to manage finances for a flat monthly fee starting at $299, raises $34M Series B led by Elevation Capital — Zeni, a Palo Alto fintech company providing real-time financial services data to venture-backed startups, raised $34 million in Series B funding led by Elevation Capital.| Dean Takahashi / VentureBeat: |
EA beats estimates with Q1 total net revenue of $1.55B, up from $1.46B YoY, net income of $204M, down from $365M YoY, and net bookings of $1.34B, down 3% YoY — All the sessions from Transform 2021 are available on-demand now. Watch now. — Electronic Arts reported better … | Mary Ann Azevedo / TechCrunch: |
Human Interest, a 401(k) provider for SMBs that promises zero transaction fees, raises $200M at a $1B valuation, less than six months after its $55M Series C — Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced … | Sarah Perez / TechCrunch: |
On-demand movie and TV service FandangoNOW has merged with video streaming service Vudu, which will become Roku's official movie and TV store — Last year, movie ticketing and discovery business Fandango, a division of NBCUniversal, bought the on-demand video streaming service Vudu from Walmart …
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| Liana Baker / Bloomberg: |
| Josh Ye / South China Morning Post: |
| Mike Dano / Light Reading: |
| Lauren Kaori Gurley / VICE: |
| Brian Heater / TechCrunch: |
| Martin Matishak / The Record: |