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August 13, 2021, 3:20 PM
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| Wall Street Journal: |
Craig Federighi says introducing two similar features, iMessage protections for children and CSAM scanning of iCloud photos, at the same time caused confusion — Facing criticism about eroding privacy on the iPhone, Apple's Craig Federighi says new tools aimed at best ensuring privacy while fighting illegal images
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Tweets: @alecmuffett, @timsweeneyepic, @bobmcmillan, @matthew_d_green, @hatr, @josephfcox, @madbitcoins, @timsweeneyepic, @timsweeneyepic, @timsweeneyepic, @timsweeneyepic, @evacide, @joannastern, @mgsiegler, @benedictevans, @alexstamos, @alexstamos, @gsterling, @reckless, @joannastern, @adrianweckler, @reckless, @reneritchie, @kaepora, @huntressofcrete, @timkhiggins, @charlesarthur, @kaepora, @kenroth, @dsilverman, @charlesarthur, @carlquintanilla, @lanceulanoff, @darchmare, @snowden, @reuters, and @kurtopsahl
| Joe Rossignol / MacRumors: |
Apple details its CSAM detection system, says it expects to set a match threshold of 30 known CSAM images before an iCloud account is flagged for manual review — Apple today shared a document that provides a more detailed overview of the child safety features that it first announced last week …
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Apple, MacRumors, 9to5Mac, iDownloadBlog.com, and iMore
Tweets: @normative, @inafried, and @inafried
| Kris Holt / Engadget: |
Facebook rolls out end-to-end encrypted voice and video calls on Messenger, and says it will begin testing opt-in e2e encryption for Instagram DMs — rolling out a host of features for Messenger users who switch on — end-to-end encryption (E2EE). You can now call Messenger contacts using voice or video
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Messenger News, TechCrunch, PCMag, Softpedia News, 9to5Mac, The Verge, iPhone Hacks, MUO, iDownloadBlog.com, Adweek, and The Mac Observer. Tweets: @timothybucksf
| Reuters: |
Poly Network offers a $500K “bug bounty” to the hacker who returned $340M+ in assets and placed the rest in a wallet jointly controlled by the hacker and Poly — Poly Network, the cryptocurrency platform which lost $610 million in a hack earlier this week, confirmed on Friday …
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Tweets: @polynetwork2, @jon_bottarini, @alexhern, @weldpond, and @alexhern
| Eric Newcomer / Newcomer: |
Sources: Discord is raising money at a valuation of around $15B, in a funding round that would at least double its valuation of $7B in 2020 — The funding round would at least double Discord's valuation, from $7 billion in 2020.
Tweets: @ericnewcomer, @freedmanae, @pkafka, @ericnewcomer, and @stevekovach
| Wall Street Journal: |
Neobank Chime raises $750M led by Sequoia at a valuation of about $25B, as a source says it could go public in H1 2022 — Move sets company up for IPO as early as next year — Chime Financial Inc. raised $750 million in its latest funding round, in a move that values the financial-technology startup …
Tweets: @rstephens, @homebrew, and @rakeshlobster
| Russell Brandom / The Verge: |
Researchers at Berlin-based AlgorithmWatch say they abandoned their research project monitoring the Instagram algorithm after legal threats from Facebook — A chilling echo of NYU ad observatory issues — Researchers at AlgorithmWatch say they were forced to abandon their research project monitoring …
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AlgorithmWatch, Engadget, PCMag, and Politico
Tweets: @uradn, @sgenner, @counternotions, and @joewestby
| Gillian Tan / Bloomberg: |
Divvy Homes, which buys homes on behalf of renters and helps them become owners, raises $200M at a $2B valuation, co-led by Tiger Global and Caffeinated Capital — - San Francisco company seeks to enable renters to own homes — Caffeinated Capital, Andreessen Horowitz, GIC also invested| Sarah Perez / TechCrunch: |
Disney+ beats Q3 subscriber estimates, reaching 116M subscribers vs. 114.5M expected; ESPN+ subscribers rose 75% YoY to 14.9M, Hulu grew 21% YoY to 42.8M — Disney's streaming service is seeing improved growth, after initially seeing slower numbers of subscriber additions in Q2 as Covid lockdowns and mask mandates came to an end.
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Silicon Republic, MobileSyrup, Thurrott, Gizmodo, Business Wire, CNBC, iPhone in Canada Blog, New York Times, 9to5Mac, Variety, PYMNTS.com, MacDailyNews, iMore, Deadline, and The Information
Tweets: @glenngabe, @lanceulanoff, @benjisales, and @cnbcnow
| Yogita Khatri / The Block: |
Ethereum scaling project Polygon, formerly Matic Network, to acquire Hermez Network, developer of ZK-Rollups-based Ethereum scaling tech, in a deal worth $250M — Quick Take — Ethereum scaling project Polygon has acquired Hermez Network for $250 million. — The two projects are also merging their native tokens.| Amanda Silberling / TechCrunch: |
Reddit says it is rolling out a TikTok-like video feed on its iOS app — From Instagram's Reels to Snapchat's Spotlight, most social media platforms are looking toward the TikTok boom for inspiration. Now, even Reddit, a discussion-based forum, is making short-form video more pronounced on its iOS app.
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The Mac Observer
| Henry Ward / Medium: |
Equity management software company Carta raises $500M Series G led by Silver Lake at a valuation of $7.4B — Carta raised a $500M Series G, valuing the company at $7.4B. The round was led by Silver Lake. Of our eight rounds of capital raised, this was the largest and also the simplest.
Tweets: @cartainc
| Mary Ann Azevedo / TechCrunch: |
Ualá, which offers a finance management app in Argentina, raises $350M Series D led by SoftBank Latin America Fund and Tencent, at a $2.45B valuation — The dollars keep flowing into Latin America. — Today, Argentine personal finance management app Ualá announced …
More:
PYMNTS.com and Bloomberg
| Hirsh Chitkara / Protocol: |
Illustrators say Corporate Memphis, an art aesthetic synonymous with tech marketing, has stuck around because execs continue to overlook the value of their work — You may not have heard of “Corporate Memphis,” but you've almost certainly seen it. The illustration style can be found …
Tweets: @drewharwell, @kobi_lacroix, @ranimolla, @meganmorrone, @nullthread, and @nick_stevens_gr
| Rory Smith / New York Times: |
How soccer industry database Transfermarkt arrives at its highly influential player valuations, even as its data is crowdsourced from volunteers and staff — Soccer takes the player valuations posted on the website Transfermarkt extremely seriously. It has never really stopped to ask where they come from.
Tweets: @footballcliches, @scott_e_page, @kevinmdraper, @rorysmith, @nytsports, @andrewdasnyt, and @venkatananth
| Naman Ramachandran / Variety: |
UK's CMA says it has provisionally found that Facebook's Giphy acquisition could negatively impact competition, such as by denying competitors access to GIFs — The merger of social media giant Facebook and Giphy, the largest provider of GIFs, has run into a roadblock from the U.K.'s Competition and Markets Authority (CMA).
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The Verge, GOV.UK, The Guardian, Wall Street Journal, Politico, Telecoms.com, Silicon Republic, UK Competition and Markets Authority, 9to5Mac, SiliconANGLE, iMore, Android Central, ZDNet, Benzinga, Protocol, UK Competition and Markets Authority, UK Competition and Markets Authority, Barron's Online, iTnews, Techaeris, CNET, Ars Technica, and Neowin
Tweets: @chrismaddern, @bongcapital, @bongcapital, @bongcapital, @cryptocobain, @s8mb, @auerdirk, @s8mb, @mediamorphis, @mediamorphis, @bongspock, @seyitaylor, @shortformernie, @seyitaylor, @alexeheath, @alexeheath, @s8mb, @s8mb, @s8mb, @justbrosef, @b_fung, and @b_fung
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