| New York Times: |
Sources: last month, Mark Zuckerberg agreed to show users positive stories about Facebook via News Feed; Facebook says it ran a small test with labeled posts — Mark Zuckerberg, the chief executive, has signed off on an effort to show users pro-Facebook stories and to distance himself from scandals.| Leah Nylen / Politico: |
Facebook shareholders allege Facebook conditioned its $5B Cambridge Analytica settlement on the FTC dropping plans to sue and depose Mark Zuckerberg — Facebook conditioned its $5 billion payment to the Federal Trade Commission to resolve the Cambridge Analytica data leak probe … | Andrius Sytas / Reuters: |
Lithuanian government recommends ditching Chinese phones after finding Xiaomi devices with censorship capabilities that can be activated remotely — Lithuania's Defense Ministry recommended that consumers avoid buying Chinese mobile phones and advised people to throw away the ones … | Karissa Bell / Engadget: |
Facebook's Oversight Board wants the company to explain its “cross-check” system, which reportedly lets celebrities, politicians, and others break its rules — pushing Facebook to provide more information on its controversial “cross-check” system, following a report that the company … | Simon Sharwood / The Register: |
VMware urges customers to immediately patch a critical arbitrary file upload vulnerability in its flagship vCenter and vSphere products — File upload vuln lets miscreants hijack vCenter Server — VMware has disclosed a critical bug in its flagship vSphere and vCenter products and urged users to drop everything and patch it.| Sergiu Gatlan / BleepingComputer: |
macOS is susceptible to running arbitrary code when a user opens a malicious .inetloc file, and Apple's first attempt to silently fix the issue failed — Security researchers disclosed today a new vulnerability in Apple's macOS Finder, which makes it possible for attackers to run arbitrary commands … | Naman Ramachandran / Variety: |
Netflix agrees to acquire the Roald Dahl Story Company, expanding on a three-year deal to make animated shows, with plans to create TV, movies, games, and more — Netflix has acquired the Roald Dahl Story Company and will expand their existing deal to create a universe spanning several formats.| Washington Post: |
Sources: FBI refrained from sharing a ransomware decryptor with businesses for almost three weeks, as it carried out an operation to disrupt the REvil gang — The FBI refrained for almost three weeks from helping to unlock the computers of hundreds of businesses and institutions hobbled … | Juli Clover / MacRumors: |
iOS 15.1 beta lets users store their verifiable health records, including COVID-19 vaccination cards and test results, in the Health app — The iOS 15.1 beta that was introduced today allows iPhone users to upload their COVID-19 vaccination status to the Health app and then generate a vaccination card in Apple Wallet.| James Rubin / CoinDesk: |
Blockdaemon, which offers blockchain staking infrastructure, raises $155M Series B led by SoftBank Vision Fund 2 at a $1.26B valuation — Blockdaemon has raised $155 million in a Series B capital round at a valuation of $1.3 billion, the provider of blockchain staking infrastructure said Tuesday.| Wall Street Journal: |
FCC says it is reviewing Zoom's proposed $15B acquisition of cloud-based call center software maker Five9, citing Zoom's ties to China — Justice Department-led Team Telecom is looking into whether Zoom's China ties could make its acquisition of the software company a national-security risk| Lauren Feiner / CNBC: |
Treasury Department sanctions cryptocurrency exchange Suex for helping facilitate and launder transactions from at least eight ransomware variants — - The U.S. Treasury Department announced Tuesday it will sanction a cryptocurrency exchange for its alleged role in laundering ransoms for cyberattacks.| Ari Notis / Kotaku: |
Blizzard's chief legal officer Claire Hart leaves Activision Blizzard amid a series of high-level departures — Claire Hart, who had been the company's top lawyer for three years, resigned Friday — Blizzard Entertainment's chief legal officer, Claire Hart, has resigned from the embattled company.| Tatiana Cirisano / Billboard: |
Twitch and NMPA reach deal after tensions over takedown notices; sources: deal doesn't include music licenses, and Twitch will warn users before suspending them — Twitch and the National Music Publishers' Association (NMPA) have reached a long-awaited agreement focused on building … | Tory Newmyer / Washington Post: |
SEC's Gary Gensler says stablecoins are a risk to consumers, like “poker chips at the casino”, and equates crypto boom to “wildcat banking” in the 1830s — The top Wall Street regulator described the digital assets frequently pegged to the U.S. dollar as a danger to consumers| Mary Ann Azevedo / TechCrunch: |
Kavak, a Mexico-based marketplace for used cars, raises $700M Series E led by General Catalyst, doubling its valuation from April to $8.7B — Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced today that it has raised a massive $700 million … | Cathrin Schaer / Wired UK: |
Profile of Johannes Caspar, who was Hamburg's data protection commissioner for over a decade and investigated Facebook, WhatsApp, Clearview, PimEyes, and Amazon — Under former commissioner Johannes Caspar, Hamburg sent shock waves from Brussels to Silicon Valley — In Germany, they call him the “Facebook hunter”.| Ari Levy / CNBC: |
Source: ahead of its NYSE debut, Toast prices its IPO at $40 per share, above its original $30-$33 range, which would give it a market cap of ~$20B — - Toast priced its IPO at $40 a share, after previously raising its price range to as high as $36. — The company, which sells technology … | Angelina Rascouet / Bloomberg: |
French online secondhand fashion marketplace Vestiaire Collective raises $209M at a $1.7B valuation led by SoftBank Vision Fund 2, after raising $216M in March — - Fashion company's valuation reaches $1.7 billion in raise — SoftBank executive Marcelo Claure to become board member| Christopher Palmeri / Bloomberg: |
How FanDuel outpaced DraftKings to take an estimated 42% share of the US sports wagers market after its sale to Flutter — Greg Bunnell has played fantasy football since he was a teenager. So when Indiana legalized sports betting two years ago, the 39-year-old project manager seamlessly switched … | Horace Dediu / Asymco: |
As it passes 2B iPhones sold, Apple has avoided disruption by adding useful features nobody asked for and avoiding overshooting on performance that few need — Just recently, the 2 billionth iPhone was sold. Unlike the 1 billionth, there was no announcement, no celebration.| Jing Yang / Wall Street Journal: |
Ant Group's Huabei consumer lending service says user data will be made available to China's central bank credit reporting system — User data from lending service Huabei will be made available to the central bank's credit-reporting system — Credit data generated by Ant Group Co.'s … | Bloomberg: |
Overview of the market for NFTs, where the majority of assets sold on OpenSea in the past 90 days have not seen another deal — - Beware the hype cycle in diverse world of non-fungible tokens — Industry returns vary greatly while investing risks pile up| Faseeh Mangi / Bloomberg: |
Rawalpindi-based TAG Innovation, which builds financial tools for Pakistan's 100M unbanked adults, raises $12M at a $100M valuation led by Liberty City — - Pakistan is seeing record funding in startups this year — South Asian country among world's largest unbanked populations
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