| Mark Gurman / Bloomberg: |
Source: Apple's planned satellite capabilities for the iPhone are focused on emergencies, enabling texts and crisis reports in areas without cellular coverage — - Apple plans an emergency-reporting tool for future iPhones — Apple Inc.'s push to bring satellite capabilities to the iPhone … | Jiyoung Sohn / Wall Street Journal: |
South Korea's National Assembly passes a bill that forces Apple and Google to allow alternative payment systems in their app stores — Seoul requires the companies to allow competing payment systems, threatening their 30% cut of most in-app digital sales — SEOUL—Google and Apple Inc … | Micah Singleton / Billboard: |
Apple acquires classical music streaming service Primephonic, giving users six free months of Apple Music, and will launch its own classical music app in 2022 — Apple has acquired Primephonic, the classical music streaming service, for an undisclosed amount, the company tells Billboard.| Dave Nyczepir / FedScoop: |
White House announces the US Digital Corps, a two-year fellowship aiming to recruit early-career software engineers and other technologists to federal agencies — The White House launched a two-year fellowship Monday designed to place early-career software engineers, data scientists and other technologists at federal agencies.| Danny Nelson / CoinDesk: |
The Central Bank of Nigeria says it will work with blockchain and payments startup Bitt Inc. to launch Nigeria's eNaira digital currency later this year — The Central Bank of Nigeria (CBN) said Monday it will work with Bitt Inc., a blockchain and payments startup, to launch … | Bloomberg: |
Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October — - Citigroup, Kotak Mahindra, Morgan Stanley are on the listing — Startup to seek valuation of more than $8 billion in the IPO| Zoe Schiffer / The Verge: |
Some Apple employees say their privacy is not well protected by Apple, as they decry norms and rules that encourage personal iCloud accounts be used at work — Jacob Preston was sitting down with his manager during his first week at Apple when he was told, with little fanfare … | Kartikay Mehrotra / Bloomberg: |
A flaw in Go Ethereum, used to verify transactions, has been fixed after it caused about half of the Ethereum ecosystem to split into a separate chain — - Ethereum blockchain was divided by mistake in client software — Network patch swiftly stabilized the blockchain system| Zheping Huang / Bloomberg: |
State media says China is restricting online gaming for minors to three hours most weeks of the year, from 8pm to 9pm on Fridays, weekends, and public holidays — - The country is imposing its strictest limits yet on play time — Beijing is waging a campaign to groom productive youths| Daniel Howley / Yahoo Finance: |
Zoom beats with Q2 revenue of $1.02B, up 54% YoY, vs. $991.0M est., and now has 2,278 customers paying $100K+, up 131% YoY; stock down 10%+ on weak Q3 guidance — reported its fiscal Q2 2022 earnings after the bell on Monday, beating analysts' expectations on the top and bottom line.| MIT Technology Review: |
Sources and experts say US-funded Afghan government databases containing sensitive personal data could be used by the Taliban to identify millions of Afghans — By capturing 40 pieces of data per person—from iris scans and family links to their favorite fruit—a system meant to cut fraud … | IDC: |
Global smartphone shipments are expected to grow by 7.4% in 2021, reaching 1.37B units, with iPhone shipments growing 13.8% and Android shipments growing 6.2% — While the supply chain situation hasn't drastically improved, the smartphone market has shown positive results in recent quarters.| Reuters: |
Russia's Yandex says it will buy Uber's stakes in their joint foodtech, delivery, and self-driving businesses in a $1B deal — Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber's (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses … | Suvashree Ghosh / Bloomberg: |
Facebook, Google, and Xiaomi are eyeing India's digital loan market, which Boston Consulting Group estimates to triple to $350B by 2023 and reach $1T by 2025 — India's digital loan market is becoming a battleground for companies from Facebook Inc. to Xiaomi Corp., seeking a foothold in what's set to be a $1 trillion industry.| Sebastian Sinclair / CoinDesk: |
Singapore-based digital asset exchange Zipmex raises $41M Series B with participation from Krungsri Finnovate, the VC arm of one of Thailand's largest banks — Singapore-headquartered digital asset exchange Zipmex has completed its $41 million Series B funding round with participation coming from one of Thailand's largest banks.| Ryan Vlastelica / Bloomberg: |
As ad revenue surges, Alphabet shares are up 65% over 2021, and up more than 7% in August to reach a record high of $2,891.81, the longest rally since 2009 — - Shares are poised for their eighth straight month of gains — Yearly rise nearly twice as much as Facebook, Microsoft| Larry Dignan / ZDNet: |
Cloudera reports Q2 revenue of $236.06M, up 10% YoY, subscription revenue of $213.3M, up 11% YoY, and ARR of $832M, up 13% YoY, announces departure of its CPO — Cloudera also said Arun Murthy, chief product officer, will leave the company effective immediately.| Bloomberg: |
Japan's Nippon Foundation wants its crewless ships to make up 50% of Japan's local fleet by 2040; a container ship will test a 236-mile voyage in February 2022 — - Group aims to have self-manned ships in practical use by 2025 — Aging workforce make self-sailing ships a priority in Japan| Dave Lee / Financial Times: |
New York and San Francisco are moving to make commission caps for delivery platforms permanent; NYC voted to approve a 23% cap, below the 30% usually charged — Grubhub vows to fight legislation as shares in European parent Just Eat Takeaway fall — Shares in Just Eat Takeaway … | Sohee Kim / Bloomberg: |
At the behest of South Korean regulators, payments service Kakao lowers its IPO target to ~$1.3B at the top of the range, down from ~$1.4B — - Regulators asked the startup to revise its IPO prospectus — Krafton's lukewarm debut has soured sentiment domestically
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| Toby Sterling / Reuters: |
| Mary Ann Azevedo / TechCrunch: |
| Andrew Ackerman / Wall Street Journal: |
| Kate Rooney / CNBC: |
| Dieter Bohn / The Verge: |
| Andrew Hayward / Decrypt: |