| Gilad Edelman / Wired: |
Mozilla's analysis says Facebook's justifications for cutting off access to researchers running NYU's Ad Observatory project “simply do not hold water” — The company says privacy concerns forced it to block access for a team of academics. Whose privacy, exactly?| Bloomberg: |
| Sam Byford / The Verge: |
Nintendo misses in Q1 with $1.09B operating profit, down 17.3% YoY, on $2.94B revenue, down 9.9% YoY, as Switch sales decline by 21.7% YoY to 4.45M units — It was not exactly a normal quarter this time in 2020 — Nintendo has released its earnings for the April-June quarter … | Sarah Perez / TechCrunch: |
TikTok says it is testing TikTok Stories; source says Stories are available in a handful of markets outside the US — Twitter may have shut down its Stories features known as Fleets, but the Stories format will continue to invade other social platforms. TikTok today confirmed it's piloting … | Dan Seifert / The Verge: |
Google refreshes its Nest lineup, including its video doorbell and indoor-only camera, with a unified design language and lower prices — A whole new lineup of cameras for Nest smart homes — Google has announced a new line of home security cameras and a video doorbell under its Nest brand.| John Timmer / Ars Technica: |
Researchers studying 300,000 YouTube viewers from 2016-2019 suggest that radicalization via algorithm is not widespread; most stick to their ideological corners — Tracking user behavior shows that most people don't go down radical rabbit holes. — We've all seen it happen … | Joseph Cox / VICE: |
Scammers are abusing Instagram's protections against self-harm and impersonation to purposefully target and ban Instagram accounts, some charging $60 per ban — An underground industry is abusing Instagram's mechanisms for removing self-injury and impersonating content to censor and harass people.| Michael McSweeney / The Block: |
Senators Lummis, Wyden, Toomey propose amendment to infrastructure bill excluding crypto developers, miners, node operators, others from the “broker” definition — A trio of U.S. senators is proposing a legislative exclusion for crypto companies, including miners and software developers … | MacKenzie Sigalos / CNBC: |
Ethereum's “London” hard fork has been activated, with changes to how transaction fees are calculated to decrease volatility, among other fixes — - Ethereum's “London” hard fork has just activated, and it's a major change. — One of the changes alters the way transaction fees … | Todd Spangler / Variety: |
Amazon's free, ad-supported streaming service IMDb TV arrives on iOS and Android, more than two years after launching — More than two and a half years after IMDb launched its free, ad-supported streaming service, IMDb TV is now available on iOS and Android mobile devices.| Robert McMillan / Wall Street Journal: |
DHS unveils the Joint Cyber Defense Collaborative to combat ransomware and cyberattacks, in partnership with Amazon, Google, Microsoft, and others — Creation of the Joint Cyber Defense Collaborative follows high-profile cyberattacks on critical U.S. infrastructure| Manish Singh / TechCrunch: |
Indian digital bank Jupiter raises $45M Series B, led by Brazil-based Nubank, Global Founders, Sequoia, and Matrix Partners India, at a $300M+ valuation — Industry veteran Jitendra Gupta's neobank for consumers in India — Jupiter — has raised $45 million in a new financing round … | Benjamin Mayo / 9to5Mac: |
Apple is reportedly considering using on-device hashing algorithms to match photos with known child abuse material, a potentially problematic practice — Apple is reportedly set to announce new photo identification features that will use hashing algorithms to match the content of photos … | Zheping Huang / Bloomberg: |
Source: ByteDance has laid off hundreds of employees working on its online education businesses, following China's crackdown on the sector — - It's shutting one service while pivoting others to comply — China's new online tutoring curbs include a ban on profits| Zoe Schiffer / The Verge: |
Apple places female engineering program manager on administrative leave after she tweeted about sexism in the office — Ashley Gjøvik says the employee relations team implied she should stay off Slack pending an ongoing investigation — Apple has placed senior engineering program … | Mike Wheatley / SiliconANGLE: |
Indian startup MindTickle, which offers tools to improve sales staff, raises $100M Series E led by SoftBank at a $1.2B valuation, bringing total raised to $281M — So-called sales readiness technology provider MindTickle Inc. is running with the unicorns today after landing a $100 million Series E round of funding.| Chris McGreal / The Guardian: |
Report: 25 oil and gas organizations spent $9.5M+ on 25K+ Facebook ads in 2020, seen 431M+ times, potentially undermining Facebook's ban on oil and gas misinfo — Thinktank InfluenceMap accuses petroleum giants of gaming Facebook to promote oil and gas as part of climate-crisis solution| Matt Day / Bloomberg: |
| Annie Palmer / CNBC: |
Etsy drops by 10%+ after reporting better-than-expected Q2 results, with revenue up 23.4% YoY to $528.9M, but Q3 guidance suggests pandemic sales boost is over — - Shares of Etsy slid in extended trading Wednesday after the company gave third-quarter guidance that suggested a sales slowdown.| Zheping Huang / Bloomberg: |
Kuaishou drops by over 15% in Hong Kong as its post-IPO lockup expired, highlighting widening fears about China's crackdown — - Shares plummet 15% after a post-IPO lockup on sales expired — Selloff underscores nervousness during the online crackdown
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| Michael del Castillo / Forbes: |
| Ryan Browne / CNBC: |
| Mary Ann Azevedo / TechCrunch: |
| Edward Ongweso Jr / VICE: |
| Dean Takahashi / VentureBeat: |
| Jessica Bursztynsky / CNBC: |
| Todd Spangler / Variety: |
| Takashi Mochizuki / Bloomberg: |
| Tom Warren / The Verge: |