| Insider: |
In an abrupt reversal, OnlyFans suspends its October 1 policy change banning porn after securing “assurances” and aims to provide “a home for all creators” — - OnlyFans is reversing its recent decision to ban porn. — It had planned to prohibit sexually explicit … | Patricia Nilsson / Financial Times: |
| Jay Peters / The Verge: |
Fitbit announces Charge 5 with a rounded design, a larger and brighter color AMOLED display, GPS, and more, arriving in the fall for $179.95 — It costs $179.95 and will be out this fall — Following a couple of big leaks, Fitbit is officially announcing the Charge 5 … | Kurt Wagner / Bloomberg: |
Facebook's David Marcus says Novi digital wallet is “ready now”, but will wait for the Diem currency, and it is “definitely looking at” building NFT features — Social network is ‘definitely looking’ at digital assets as part of push into financial products, executive says| Amanda Silberling / TechCrunch: |
Facebook adds features to Messenger on its 10-year anniversary, including word effects, contact sharing, and birthday gifting via Facebook Pay — To celebrate its ten year anniversary, Messenger today announced a handful of new features: poll games, word effects, contact sharing, and birthday gifting via Facebook Pay.| The Markup: |
How Fannie and Freddie requiring mortgage lenders use its credit scoring algorithm leads to a disproportionately high number of Black applicants being rejected — These two people applied for loans in Chicago, Ill., in 2019. — They both earned $350K-$400K — and their debt level was healthy.| Washington Post: |
A look at Vaccine Talk, a tightly moderated Facebook group for vaccine skeptics with ~70K members that aims to change their minds with evidence-based info — As social media giants struggle to crack down on false claims about covid, ordinary users are finding ways to reach vaccine skeptics — and win them over.| Matthew Ball / MatthewBall.vc: |
A deep look at why expanding into gaming is so important to Netflix, the competition it faces from games like Fortnite, and what its current strategy looks like — In 2018, I released the third entry in my “Netflix Misunderstandings” series: “Netflix Isn't Being Reckless, It's Just Playing a Game No One Else Dares.”| Joshua Benton / Nieman Lab: |
Facebook's most-viewed story in Q1, from Chicago Tribune linking a doctor's death to COVID vaccines, shows why publishers should consider how content is shared — On Friday, The New York Times had a scoop. Facebook — that known vector for the spread of kid photos, neighborhood goings-on … | Bahk Eun-ji / The Korea Times: |
South Korea will abolish a decade-old law that stops kids under 16 from playing online games between 12AM and 6AM, after heavy criticism — The government has decided to abolish the game curfew for children, 10 years after the controversial rule was established, as the outdated law is not having … | Manish Singh / TechCrunch: |
Xiaomi reports Q2 revenue rose 64% YoY to $13.56B, as net income rose 80% YoY to $1.28B, and says it will buy autonomous driving startup Deepmotion for ~$77.3M — Xiaomi reported a second-quarter net income of $1.28 billion on revenue of $13.56 billion following the Chinese technology giant's strong surge … | Wall Street Journal: |
As studios lean into simultaneous theater and streaming releases, high-quality pirated versions of movies are hitting piracy sites within hours of their release — Bootlegging and sharing high-quality digital copies of movies is easier than ever, as studios leaned harder into streaming during pandemic| Sean Lyngaas / CyberScoop: |
Interview with CISA Director Jen Easterly on attack prevention, hiring new staff, improving CISA's ability to scan federal networks for malicious code, and more — U.S. cybersecurity officials have scrambled to respond to one major hacking incident after another over the past nine months … | Richard Milne / Financial Times: |
Klarna says losses in Q2 soared to $111M, up from $10M in Q2 2020, as credit defaults doubled, driven by an expansion in new markets — Swedish ‘buy now, pay later’ start-up continues rapid expansion in new markets — Klarna's losses increased significantly in the second quarter … | Financial Times: |
UK's FCA says it is “not capable” of overseeing Binance despite “significant risk” posed by its products, after Binance “refused” to answer basic questions — Company's UK affiliate ‘refused’ to respond to basic questions, says British regulator| Christine Hall / TechCrunch: |
Cribl, which helps companies monitor and analyze data created by their infrastructure, raises $200M Series C, source says at a $1.5B valuation — At a time when remote work, cybersecurity attacks and increased privacy and compliance requirements threaten a company's data … | Axios: |
California expands lawsuit against Activision Blizzard to include temp workers and says the game maker interfered with investigation by shredding pertinent docs — California has expanded its anti-discrimination lawsuit against Activision Blizzard, adding temporary workers to the female full … | Jessica Guynn / USA Today: |
Study details how people use hashtags, video effects, and music on TikTok to promote hate against Asians, women, Muslims, Jews, and Black and LGBTQ people — Despite pledges to crack down on hatred, TikTok is still trafficking in short-form videos that promote white supremacy and anti-Black racism … | Mary Ann Azevedo / TechCrunch: |
Knoetic, which builds software for HR departments, comes out of stealth with $18M Series A led by Accel — Knoetic, a startup that has built a software analytics platform for chief people officers, emerged from stealth today with $18 million in Series A funding.| Dina Bass / Bloomberg: |
After being fired as co-head of Google's Ethical AI group, Margaret Mitchell will join Hugging Face, an AI startup that aims to make algorithms fair — Former co-head of Ethical AI group will join Hugging Face to create tools for AI fairness — The former co-head of Google's Ethical AI research group … | Brian Heater / TechCrunch: |
Meditation app Headspace unveils plans to merge with Ginger, an on-demand mental health service, in a deal valuing the combined company at $3B — Meditation app Headspace this morning announced plans to merge with on-demand mental health service, Ginger. Barring unforeseen regulatory roadblocks … | Matt Burns / TechCrunch: |
Jane Technologies, which offers an online weed marketplace for consumers and builds e-commerce backends for cannabis dispensaries, raises $100M Series C — Don't call Jane Technologies the Amazon of weed. Instead, think of Jane Technologies as the Shopify of weed, and it's an important distinction.| Ryan Browne / CNBC: |
Microsoft says that Xbox Cloud Gaming will expand beyond PC and mobile to its Xbox Series X, Xbox Series S, and Xbox One consoles this holiday season — - Microsoft said its Xbox Cloud Gaming service will arrive on console this holiday. — Cloud gaming lets people stream games over the internet rather than install them locally.| Mary Ann Azevedo / TechCrunch: |
Balance, which offers a B2B checkout service for merchants and marketplaces, raises $25M Series A led by Ribbit Capital — Balance, a payments platform aimed at B2B merchants and marketplaces, has raised $25 million in a Series A funding round led by Ribbit Capital.
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| Will Knight / Wired: |
| Tom Warren / The Verge: |
| Michael Finnegan / Los Angeles Times: |
| Jessica Guynn / USA Today: |
| Erin Woo / New York Times: |
| Ashley Carman / The Verge: |
| Charles Riley / CNN: |