| Nicole Perlroth / New York Times: |
Apple sues NSO Group in US federal court, seeking to ban NSO from using Apple products and alleging NSO illegally targeted Apple users with surveillance tools — Apple accused NSO Group, the Israeli surveillance company, of “flagrant” violations of its software, as well as federal and state laws.| Apple: |
| Jiyoung Sohn / Wall Street Journal: |
Sources: Samsung plans to build a ~$17B chip factory in Taylor, Texas, in 2024, with an announcement expected today; Samsung says location is not finalized — The announcement is expected at Tuesday event to be attended by Texas Gov. Greg Abbott, sources say| Reuters: |
Italy's antitrust regulator fines Amazon and Apple a total of $225M+ for alleged anti-competitive cooperation to sell Apple and Beats products — Italy's antitrust authority has fined U.S. tech giants Amazon.com (AMZN.O) and Apple Inc (AAPL.O) a total of more than 200 million euros … | Sarah Perez / TechCrunch: |
Spotify debuts Netflix Hub, collecting official soundtracks, playlists, and podcasts for top Netflix content, in seven countries including the US, UK, and India — Looking for the soundtrack from your favorite Netflix show? Now, it will be easier to find thanks to an expanded partnership between Netflix and Spotify.| Jillian Deutsch / Bloomberg: |
EU approves Digital Markets Act measures: mandating social app interoperability, banning ad targeting to minors, and fines up to 20% of global annual sales — - Competing messaging apps may have to be interoperable — Companies would have to stop targeting some ads to minors| Emma Roth / The Verge: |
Reddit is shutting down the Dubsmash app on February 22, after its acquisition in December, as the Dubsmash team adds video creation tools to Reddit's main app — You can now try out Reddit-exclusive lenses — Reddit will shut down its short-form video platform, Dubsmash, on February 22nd, 2022.| David Thiel / @elegant_wallaby: |
| Nikkei Asia: |
Source: Japan is allocating ~$5.2B in fiscal 2021 to support semiconductor manufacturers, including ~$3.5B for TSMC — Micron and Kioxia set to get subsidies for domestic memory chip factories — The Japanese government has made plans to ensure a stable domestic supply of microchips.| VICE: |
ConstitutionDAO faces existential questions as a “core team” makes key decisions; high transaction fees mean ~50% of “investors” may lose the money they put in — ConstitutionDAO tried to buy the Constitution. Now it has a $40 million mess on its hands and entire refunds are being wiped out by high fees.| Juli Clover / MacRumors: |
Location tracking service Life360 acquires Tile, which makes Bluetooth-based tracking accessories that compete with Apple's AirTag, for $205M — Tile, known for its range of Bluetooth-based tracking accessories that compete with the AirTag, is being acquired by location tracking service Life360, Tile announced today.| Ronan Shields / Digiday: |
Outbrain announces a $55M acquisition of Video Intelligence, an ad tech company that matches video with text content, as it aims to differentiate from Taboola — Ad tech's spate of public listings over the last 12 months has helped spur a further round of mergers and acquisitions in the space … | Kate Park / TechCrunch: |
Verbit, which offers voice transcription services using AI and freelancers, raises a $250M Series E at a $2B valuation, after hitting a $1B+ valuation in June — Less than six months after raising a $157 million Series D round, AI-powered transcription and captioning platform Verbit announced today … | Amanda Silberling / TechCrunch: |
Tidal taps DistroKid and others to offer direct artist payments, where up to 10% of a user's HiFi Plus subscription goes to their most-listened-to artists — Tidal and DistroKid, a popular independent music distributor, teamed up last week to introduce a direct artist payments system.| Christine Hall / TechCrunch: |
Budapest-based Bitrise, which helps companies build and operate mobile apps, raises a $60M Series C led by Insight Partners — As more of the world shifts to doing everything from their smartphones, the ability to build better iOS and Android apps has to move with it.| Wendy Lee / Los Angeles Times: |
Two former Netflix employees, one who just resigned, at the center of protests over Chappelle's special withdraw their NLRB charge against the company — Two former Netflix employees who raised concerns about transphobic remarks in Dave Chappelle's latest special “The Closer” … | Nick Harris / The Mail on Sunday: |
Analysis: 17 of 20 English Premier League clubs have signed commercial deals with cryptocurrency companies, drawing criticism for potentially exploiting fans — - A number of top-flight clubs have been criticised for monetising fan interaction — Fears deals could replace top-flight clubs' relationship with gambling companies| Mary Ann Azevedo / TechCrunch: |
São Paulo-based buy now, pay later startup TruePay raises a $32M Series A led by Addition, three months after raising an $8.5M seed — Global investors continue to be drawn to LatAm. — TruePay, a one-year-old São Paulo-based “buy now, pay later” startup … | Nikkei Asia: |
Analysis: 597 VC firms have invested in Indian startups this year, with 211 making their debut venture in the country; hedge funds spent $4.3B, up ~3x from 2020 — BENGALURU — Hundreds of venture capital firms from around the world are investing in India for the first time … | Frederic Lardinois / TechCrunch: |
Vercel, which develops the Next.js framework, raises a $150M Series D at a $2.5B valuation, after raising a $102M Series C at a $1.1B valuation in June — Only a few months ago, Vercel, the company behind the popular Next.js framework for front-end developers, announced a $102 million Series B funding round …
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| Jonathan Haidt / The Atlantic: |
| Rich Woods / XDA Developers: |
| Niantic: |
| Daniel Cooper / Engadget: |
| Kyle Bradshaw / 9to5Google: |
| Tom Matsuda / The Block: |