Techmeme
July 28, 2021, 12:25 PM
 

July 28, 2021

12:20 PM  •
Omkar Godbole / CoinDesk:  Coinbase report: in H1 2021, the market for ether was 3x busier than bitcoin, as ETH trading grew 1,461% to $1.4T, compared to BTC's 489% rise to $2.1T
11:40 AM  •
Roland Kelts / Rest of World:  A look at VTubers, virtual anime-like avatar YouTube channels driven by anonymous Japanese users that are now mainstream, surpassing 1.5B+ views/month in Q4'20
11:20 AM  •
Mariella Moon / Engadget:  Google says its upcoming Play Store safety listings, similar to Apple's app nutrition labels, will feature info on app data collection, encryption, and more
11:15 AM  •
Leah Nylen / Politico:  In a court filing, AGs from 45 states, DC, and Guam say they will appeal the dismissal of their Facebook antitrust case
11:05 AM  •
Jon Porter / The Verge:  Twitter says it is testing Shop Module, a new shopping section that brands can add to the top of their profiles, launching in the US today on iOS
11:00 AM  •
Tom Warren / The Verge:  Sony says it has now sold over 10M PS5 consoles, up from the 7.8M announced in April, making it the fastest-selling PlayStation ever
10:50 AM  •
Gillian Tan / Bloomberg:  SonderMind, a marketplace to find mental health services, raises $150M co-led by Drive Capital and Premji Invest, sources say at a $1.1B valuation
10:45 AM  •
Reuters:  After Twitter's refusal to block content related to farmer protests, some Indian government ministers and departments are shifting to home-grown rival Koo
10:35 AM  •
Upmanyu Trivedi / Bloomberg:  Delhi's high court says statements by Twitter “clearly show total non-compliance” with IT rules, which include appointing a liaison, giving it a week to comply
10:30 AM  •
Lorenzo Franceschi-Bicchierai / VICE:  Apple has sent a cease and desist letter to at least one Chinese citizen who advertised stolen prototypes of old iPhone models on social media
10:25 AM  •
Gillian Tan / Bloomberg:  Lithic, previously Privacy.com, which offers APIs to help businesses issue virtual credit cards, raises $60M, sources say at an $800M valuation
10:20 AM  •
Alex Heath / The Verge:  Snap says Snap Map will now include recommendations for places to visit based on location, friend activity, and previous favorites
10:10 AM  •
Catalin Cimpanu / The Record:  CISA and FBI, UK's NCSC, and Australia's ACSC issue a joint advisory detailing the most exploited vulnerabilities in 2020 and 2021
9:40 AM  •
Ingrid Lunden / TechCrunch:  Brain Technologies raises $50M+ and launches Natural, a natural language search engine app for iOS in the US
9:25 AM  •
Filipe Espósito / 9to5Mac:  Code and animation files in iOS 15 beta 4 show the process for validating ID cards in the Wallet app will likely include a verification system with selfies
9:15 AM  •
Dustin Volz / Wall Street Journal:  Biden instructs federal agencies to develop voluntary cybersecurity goals for companies operating critical infrastructure, as officials consider mandatory rules
9:10 AM  •
Nikkei Asia:  TSMC receives final approval for a 2nm chip plant in Taiwan; sources say construction will begin in 2022 and equipment will be installed in 2023
8:50 AM  •
Mike Butcher / TechCrunch:  Danish startup Dixa, which helps companies manage customer relations via messaging, email, and voice, raises $105M Series C led by General Atlantic
8:45 AM  •
Danielle Bochove / Bloomberg:  Shopify beats Q2 expectations with $1.12B revenue, up 57% YoY and surpassing $1B for the first time; gross merchandise volume was up 40% YoY to $42.2B
8:35 AM  •
Kyle Wiggers / VentureBeat:  LogicGate, which helps automate corporate governance, risk, and compliance processes, raises $113M Series C, bringing its total raised to $156M
8:25 AM  •
Romain Dillet / TechCrunch:  Algolia, which provides APIs for developers to integrate real-time search into websites and apps, raises $150M Series D at a $2.25B valuation
8:00 AM  •
Juli Clover / MacRumors:  Apple's Q3 revenue for Wearables, Home, and Accessories category, which includes Watch and AirPods, was $8.8B, up 36% YoY; nearly 75% of Watch buyers were new
7:35 AM  •
Nikkei Asia:  Critics say Facebook has compromised on its community standards to access commercial opportunities in the Asia-Pacific region, home to ~1.2B Facebook MAUs
7:20 AM  •
Bloomberg:  PowerSchool, which develops software used by 70% of K-12 students in the US and Canada, raises $711M in its IPO, selling shares at $18, valuing it at $3.5B
7:15 AM  •
Paul Sawers / VentureBeat:  Remote IT monitoring and management service Atera raises $77M Series B led by General Atlantic
7:10 AM  •
Alex Wilhelm / TechCrunch:  Contentful, which offers APIs to let companies manage content, raises $175M Series F led by Tiger Global at a ~$3B valuation, after a $80M Series E in June 2020
7:00 AM  •
Andy Greenberg / Wired:  Creators of PunkSpider say they're relaunching their search engine for hackable sites at Defcon next week to spur web admins to fix thousands of unpatched bugs
6:55 AM  •
Bloomberg:  Duolingo raises $521M in its IPO after pricing shares at $102, valuing the company at $3.66B
6:50 AM  •
Natasha Mascarenhas / TechCrunch:  Class, a virtual classroom that integrates exclusively with Zoom, raises $105M led by SoftBank's Vision Fund 2 at a $804M post-money valuation
6:45 AM  •
Bloomberg:  China orders Tencent and 13 other developers to rectify problems with “harassing” pop-ups in apps, often used for ads, giving them until August 3
6:40 AM  •
Jonathan Greig / ZDNet:  Google announces a new bug bounty program, called Bug Hunter University, and says the existing program found 11,055 bugs from 2,022 researchers, paying ~$30M
6:30 AM  •
Todd Spangler / Variety:  Spotify Q2: revenue of €2.3B, up 23% YoY, ad revenue up 110% YoY to €275M; paying subscribers reached 165M, up 20% YoY, total MAUs reached 365M; stock down 6%+
6:20 AM  •
Bloomberg:  Insiders suggest China's internet companies, which have long emulated SV's founder-driven model, will align more with China's leadership after tech crackdown
6:05 AM  •
Mary Ann Azevedo / TechCrunch:  Brazil-based Pipo Saude, which sells and manages healthcare benefits for other companies, raises $20M Series A led by Thrive Capital
5:50 AM  •
Paul Sawers / VentureBeat:  Treeverse, which develops an open source Git-like service for data lakes, raises $23M Series A from Dell Technologies Capital and others
5:40 AM  •
Dan Taylor / Tech.eu:  Berlin-based consumer electronics rental service Grover raises $1B in asset-backed financing and a $29M extension of its Series B from Fasanara Capital
5:35 AM  •
Manish Singh / TechCrunch:  Indian business messaging service Gupshup raises an additional $240M as part of its Series F, led by Fidelity Management, Tiger Global, and others
5:30 AM  •
Krithika Varagur / Wall Street Journal:  A look at the role of social media manager, which has evolved from a position commonly filled by millennial interns into a more professionalized discipline
5:15 AM  •
Charlie Osborne / ZDNet:  IBM report: in 2021, the average data breach costs companies $4.24M to remedy, up 10% YoY; “mega” breaches involving 50M+ consumer records can cost $401M
3:15 AM  •
Kyle Wiggers / VentureBeat:  InVia Robotics, which offers robotics as a service for warehouse automation, raises $30M Series C led by Microsoft's M12 Ventures and Qualcomm
3:05 AM  •
Manish Singh / TechCrunch:  Droom, an online marketplace for used cars and motorbikes in India, raises $200M in a pre-IPO growth round, at a $1.2B valuation, up from $500M in 2018
2:25 AM  •
Charlie Osborne / ZDNet:  Report: malware developers are increasingly writing malicious code in “exotic” programming languages like Golang to hamper analysis efforts and evade detection
12:20 AM  •
Nicole Wetsman / The Verge:  A Harvard biostatistician is reconsidering plans to use Apple Watch as part of a study after finding inconsistencies in heart rate variability data collected

July 27, 2021

11:30 PM  •
Kyle Wiggers / VentureBeat:  Orum, whose AI-powered tech helps sales representatives automate outbound calling workflows, raises $25M Series A led by Craft Ventures at a $125M valuation
11:20 PM  •
Joanna Ossinger / Bloomberg:  Eco, a personal finance app and digital wallet, raises $60M in funding led by Activant Capital and L Catterton, after raising $26M in March
10:45 PM  •
Dan Taylor / Tech.eu:  Kili Technology, which helps companies transform raw data into high-quality annotated data for AI training, raises $25M Series A led by Balderton Capital
10:00 PM  •
Kate Kaye / Digiday:  In letters to companies, CA AG says data sharing via analytics trackers, like cookies, for ad and analytics purposes fits CCPA's definition of a data “sale”
9:20 PM  •
Todd Bishop / GeekWire:  LinkedIn posted Q4 revenue of ~$3B, passing the $10B mark in annual revenue for the first time since Microsoft acquisition; Q4 ad revenue was up 97% to $1B+
8:55 PM  •
Andrés Engler / CoinDesk:  Valora, a mobile-first digital crypto wallet built on the open source blockchain network Celo, raises $20M Series A led by a16z
8:40 PM  •
Kif Leswing / CNBC:  Apple warns that supply constraints due to “legacy node” chip production will be worse in Q4 than in Q3 and will likely affect sales of the iPhone and iPad
8:15 PM  •
Thomas Wilde / GeekWire:  Microsoft's overall gaming revenue rose to $3.7B in Q4, up 11% YoY, with hardware revenue up 172% YoY, but Xbox content and services down 4% YoY
7:45 PM  •
The Guardian:  Facebook will restrict how advertisers can target users under 18 across Facebook, Instagram, and Messenger, only allowing age, gender, and location targeting
7:40 PM  •
Jeff Grubb / VentureBeat:  Microsoft's overall gaming revenue rose 11% YoY in Q4, with hardware revenue up 172% YoY, but Xbox content and services dipped 4% YoY
6:55 PM  •
Mike Peterson / AppleInsider:  Mac and iPad sales break quarterly records in Q3, with Mac revenue of $8.2B, up 16% YoY, and iPad revenue of $7.4B, up 12% YoY
6:10 PM  •
Todd Spangler / Variety:  YouTube reports $7B in Q2 ad revenue, up 84% YoY from $3.81B, and says its Shorts feature now has 15B global daily views, up from 6.5B in March
5:55 PM  •
Kif Leswing / CNBC:  Apple's greater China sales in Q3 were up 58% YoY to $14.76B, Americas grew 33% to $39.57B, paid Services subscribers grew to 700M, up 150M YoY
5:40 PM  •
Sarah Perez / TechCrunch:  Twitter hires the team that built Brief, a subscription-based news summary app founded by former Google employees; the app will wind down July 31
4:55 PM  •
Tom Warren / The Verge:  Global chip shortage dampens Microsoft's Q4 Surface revenue, down 20% YoY, and Windows OEM revenue, down 3% YoY
4:50 PM  •
Larry Dignan / ZDNet:  AMD Q2: revenue of $3.85B, up 99% YoY, Computing and Graphics revenue of $2.25B, up 65% YoY, Enterprise, Embedded and Semi-Custom revenue of $1.6B, up 183% YoY
4:32 PM  •
Apple:  Apple reports Q3 revenue of $81.4B, up 36% YoY, net income of $21.7B, up from $11.2B YoY, Services sales of $17.4B, up from $13.2B YoY, iPhone sales of $39.6B
4:16 PM  •
Alphabet - Investor Relations:  Alphabet reports Q2 revenue of $61.88B, up 62% YoY, operating income of $19.36B, up 31% YoY, Google Cloud operating loss down to $591M; stock up 3%+
4:08 PM  •
Microsoft - Investor Relations:  Microsoft reports Q4 revenue up 21% YoY to $46.2B, net income up 47% YoY to $16.5B, commercial cloud revenue up 36% YoY to $19.5B, LinkedIn revenue up 46% YoY
4:05 PM  •
Ian Carlos Campbell / The Verge:  In the new iPadOS 15 beta, Apple makes its controversial Safari redesign optional, letting users choose a more conventional tab layout in settings
4:00 PM  •
Amanda Silberling / TechCrunch:  Instagram now supports 60-second videos on Reels, up from 30 seconds, to better rival TikTok, which recently let creators upload videos up to three minutes long
3:46 PM  •
Sarah Perez / TechCrunch:  TikTok expands LIVE platform with new features, including events, co-hosts, Q&As, moderation tools, and more, to make it more competitive with Instagram Live
3:35 PM  •
Jason Schreier / Bloomberg:  Activision Blizzard staff are staging a walk out today, demanding fairer treatment for underrepresented staff and ending arbitration clauses in staff contracts
3:10 PM  •
Janelle Lawrence / Bloomberg:  eBay's ex-senior global security manager, the first of five former staffers convicted in a cyberstalking campaign against eBay critics, gets 18 months in prison
2:45 PM  •
Eshe Nelson / New York Times:  A look at the rise of ultra-fast grocery delivery startups, some with a goal of 10-minute deliveries, across major cities, led by Turkish startup Getir
2:20 PM  •
Rachel Premack / Insider:  Workers at CSAT Solutions, a Texas company that handles many of Apple's laptop repairs, call their workplace a “sweatshop” with broken AC and 13-hour shifts
2:10 PM  •
Washington Post:  Survey of 20,699 Americans: those who rely on Facebook for COVID-related news are less likely to get vaccinated than average and less likely than Fox viewers
1:55 PM  •
Paul Sawers / VentureBeat:  GitHub partners with Stanford Law School to offer legal counsel to developers facing DMCA takedown requests; the advice is free for “valid” takedown claims
1:10 PM  •
Thomas Claburn / The Register:  Following appliance energy efficiency laws in CA, CO, HI, OR, VT, and WA, Dell has stopped shipping select power-hungry PCs in those markets
12:50 PM  •
Mike Wheatley / SiliconANGLE:  Google launches Google Cloud Retail Search, a managed service giving retailers a custom version of Google Search that integrates into their apps and websites
12:30 PM  •
Maurice Klaehne / Counterpoint Research:  US smartphone market sales grew 27% YoY in H1 2021 despite component shortages; OnePlus rose by 428% YoY, Motorola by 83%, Apple by 53%, as Google dropped 7%
12:25 PM  •
Christine Hall / TechCrunch:  Blameless, a site reliability engineering service, raises $30M Series B led by Third Point Ventures, bringing its total funding to over $50M
11:51 AM  •
Ian Hamilton / UploadVR:  Facebook is recalling ~4M foam rims for Oculus Quest 2, after reports of irritation; Quest 2 goes on sale again Aug. 24 with improved 128GB base storage
11:50 AM  •
Bloomberg:  Pendo, which helps businesses gather behavioral analytics on how customers use their apps, raises $150M led by B Capital at a $2.6B valuation and eyes an IPO
11:25 AM  •
Arielle Pardes / Wired:  SensorTower: Clubhouse had 484K global installs from July 21 to 25, up 17% from the previous five days, after moving from invite-only to general availability
11:20 AM  •
Taylor Hatmaker / TechCrunch:  Discord debuts threaded conversations, which auto-archive after 24 hours of inactivity and will roll out by Aug. 17, and a premium feature for private threads
10:50 AM  •
Meir Orbach / CTech:  Cyber insurance startup At-Bay raises $185M Series D led by Icon Ventures and Lightspeed Venture Partners at a $1.35B valuation, amid the global ransomware boom
10:40 AM  •
Kyle Wiggers / VentureBeat:  Blaize, which custom-designs AI edge chips with a new graph streaming architecture, raises $71M Series D, bringing its total raised to $155M
10:25 AM  •
Jon Porter / The Verge:  Nothing, launched by OnePlus co-founder Carl Pei, announces $99 Ear (1) wireless earbuds, available August 17 with gesture controls, ANC, and more
10:15 AM  •
Dawn Lim / Wall Street Journal:  iCapital Network, which makes tools to help financial advisers invest client money in PE, raises $440M at a ~$4B valuation
10:05 AM  •
Kyle Wiggers / VentureBeat:  DataRobot, which helps companies train and deploy ML models, acquires MLOps startup Algorithmia and raises $300M Series G at a $6.3B post-money valuation
10:00 AM  •
Jane Lee / Reuters:  New York-based Bubble, which offers no-code tools to build web apps, raises $100M led by Insight Partners and says it has over 1M users globally
9:55 AM  •
Sara Castellanos / Wall Street Journal:  PsiQuantum, which aims to build a commercial quantum computing machine with 1M qubits, raises $450M Series D at $3.15B valuation, bringing total raised to $665M
9:25 AM  •
Ashley Carman / The Verge:  Pinterest announces monetization tools for creators, including tagging products in Idea Pins to earn commissions, available to US and UK business accounts
9:20 AM  •
Mary Ann Azevedo / TechCrunch:  Fireblocks, which lets users store, transfer, and issue digital assets, raises $310M Series D led by Sequoia, Stripes, and Spark at a $2.2B valuation
9:15 AM  •
Olivia Solon / NBC News:  Instagram announces changes for teen accounts, including making them private by default and restricting messages from “suspicious” adults
9:00 AM  •
Lauren Sommer / NPR:  A look at the risks posed by rising sea water levels at Facebook, Google, and other Silicon Valley campuses and questions over who pays to protect them
8:20 AM  •
Ingrid Lunden / TechCrunch:  Wiliot, which is developing IoT chips powered by ambient radio frequencies, raises $200M Series C led by SoftBank's Vision Fund 2 as it plans an SaaS pivot
7:55 AM  •
MacKenzie Sigalos / CNBC:  In its Q2 earnings report, Tesla says it suffered $23M in bitcoin-related impairments, after bitcoin dropped from $63K in April to under $40K now
7:45 AM  •
Brian Heater / TechCrunch:  Covariant, which builds AI-powered industrial robots, raises $80M Series C led by Index Ventures, following a $40M Series B in May 2020
7:40 AM  •
Mark Gurman / Bloomberg:  According to code found in the Oculus iPhone app, Facebook is exploring letting users synchronize Oculus workout data with Apple Health
7:33 AM  •
Paul Sawers / VentureBeat:  1Password raises $100M led by Accel at a $2B valuation, after raising $200M in 2019, and says it now has 90,000 business customers
7:20 AM  •
Bloomberg:  South Africa's state-owned port and rail company Transnet says a cyberattack five days ago continues to cause disruption at Cape Town and other major ports
7:15 AM  •
Coco Feng / South China Morning Post:  Cryptocurrency exchanges Huobi and OKCoin are closing their subsidiaries in Beijing, as China expands its crackdown; shares of Huobi's parent drop ~22%
6:35 AM  •
Ingrid Lunden / TechCrunch:  London-based Sedna, a service that analyzes emails and chats to perform actions mentioned within them, raises $34M Series B led by Insight Partners
6:25 AM  •
Reuters:  Tencent says it is temporarily suspending WeChat user registrations in China as it upgrades its systems to comply with new security regulations
6:20 AM  •
Catherine Shu / TechCrunch:  Indonesia-based grocery delivery app HappyFresh raises $65M Series D led by Naver Financial Corporation and Gafina B.V.
6:00 AM  •
Todd Shields / Bloomberg:  FCC challenges a bid won by SpaceX for $886M in rural broadband subsidies, concerned some of the spending may be wasteful, duplicative, or headed for other uses
5:50 AM  •
Tage Kene-Okafor / TechCrunch:  South Africa-based Yoco, which offers offline and online payment solutions for SMEs, raises $83M Series C led by Dragoneer, bringing total raised to $107M
5:40 AM  •
Paul Sawers / VentureBeat:  Element, a messaging app built on top of decentralized protocol Matrix, raises $30M Series B from Protocol Labs and others, bringing total raised to $48M
5:35 AM  •
Mike Butcher / TechCrunch:  Germany-based Aleph Alpha, which aims to build AI models for text and vision like GPT-3, raises $27M Series A co-led by Earlybird VC, Lakestar, and UVC Partners
1:55 AM  •
Ingrid Lunden / TechCrunch:  ActiveFence, whose tech proactively detects disinformation and other malicious content, raises $100M in a combined Series A and Series B

July 26, 2021

11:45 PM  •
Christine Hall / TechCrunch:  Nium, a Singapore-based B2B payments company, raises $200M Series D at a $1B+ valuation led by Riverwood Capital, with Temasek, Visa, and others participating
10:00 PM  •
The Cloudflare Blog:  Cloudflare announces Project Pangea, an initiative to offer its suite of network services to local underserved communities for free
8:05 PM  •
Dieter Bohn / The Verge:  Samsung confirms it won't launch a new Galaxy Note at its Unpacked event on Aug. 11, instead focusing on new Galaxy Z phones and an S Pen designed for foldables
7:20 PM  •
Jason Schreier / Bloomberg:  About 1,000 current and former Activision Blizzard employees say the company's response to its recent lawsuit is “insulting”, in a letter to leadership
6:10 PM  •
Stephen Nellis / Reuters:  Intel says its Foundry Services will build chips for Qualcomm and AWS and lays out a roadmap to catch up with TSMC and Samsung by 2025
5:15 PM  •
Janko Roettgers / Protocol:  Facebook announces a new Metaverse product group, with plans to hire hundreds of staff, led by Instagram VP Vishal Shah, reporting to VR/AR VP Andrew Bosworth
5:00 PM  •
Tom Krazit / Protocol:  Google issues a new Enterprise APIs policy, promising that APIs will remain available far into the future, aiming to move past a reputation for killing services
3:50 PM  •
Rebecca Szkutak / Forbes:  Teamflow, which provides 2D virtual offices to promote informal collaboration among remote staff, raises $35M Series B at a $225M valuation led by Coatue
3:30 PM  •
Catalin Cimpanu / The Record:  Apple updates iOS, iPadOS, and macOS to address a zero-day flaw that was reportedly actively exploited, making it the 13th zero-day Apple has patched this year
2:15 PM  •
Nico Grant / Bloomberg:  Profile of Google Cloud boss Thomas Kurian, an Oracle veteran who oversees 37,000 employees and has focused on improving Google's sales teams
1:15 PM  •
Reuters:  Medallia, which offers customer experience management tools, says PE firm Thoma Bravo will take the company private for $6.4B, after going public in 2019
1:10 PM  •
Todd Feathers / VICE:  A look at ShotSpotter, which uses sensors to “detect gunshots”, as court filings suggest it frequently alters evidence at the request of police departments
1:00 PM  •
Bloomberg:  The Hang Seng Tech Index, which tracks the 30 biggest Hong Kong-listed tech companies, including Tencent and Alibaba, is down $551B+ since its February peak
12:05 PM  •
Ingrid Lunden / TechCrunch:  Solarisbank raises $224M at a $1.65B valuation to acquire rival banking-as-a-service company Contis and expand its API-based embedded banking tech in Europe
11:25 AM  •
Mike Wheatley / SiliconANGLE:  Box rolls out Box Sign, which lets users electronically sign contracts and request signatures, following its $55M acquisition of SignRequest earlier this year
10:45 AM  •
Issie Lapowsky / Protocol:  Q&A with Erin Saltman of Global Internet Forum to Counter Terrorism, backed by Facebook and others, on redefining extremism, working with members, and more
10:30 AM  •
Foo Yun Chee / Reuters:  EU gives Google two months to improve the way it presents search results for flights and hotels, and explain how it ranks such results, or face sanctions
10:05 AM  •
Igor Bonifacic / Engadget:  Spotify adds a What's New feed on iOS and Android, showing continually updating new releases from followed artists, rolling out over the coming weeks
9:50 AM  •
Erin Woo / New York Times:  QR codes, which took off in the US amid the pandemic in restaurants and retail, are here to stay, adding convenience but also privacy concerns
9:37 AM  •
Bloomberg:  Sources: DOJ is probing whether Tether execs committed bank fraud in its early stages; Tethers in circulation are worth ~$62B, underpin >50% of bitcoin trades
9:10 AM  •
Shannon Liao / Washington Post:  A look at the Intel World Open esports competition at the Tokyo Olympics, which took place entirely online, outside of the official games, and was laggy
8:40 AM  •
Elizabeth Culliford / Reuters:  Facebook, Twitter, Microsoft, YouTube, and others will now add content from white supremacist and far-right militias to a key counterterrorism database
8:30 AM  •
Theo Wayt / New York Post:  Now-deleted job listings suggest Citizen is paying people in NYC and LA up to $250 per 10-hour shift to livestream crime scenes and other emergencies
8:15 AM  •
John Newman / ProMarket:  A look at some of the metrics that FTC can use to define Facebook's alleged monopoly in its refiled antitrust suit, including time on-site and “active users”
7:55 AM  •
Bloomberg:  Sources: Indonesia's GoTo, created by the Gojek and PT Tokopedia merger, is in talks to raise $1B-$2B at a $25B-$30B valuation, as it plans an IPO
7:50 AM  •
Financial Times:  As China cracks down, SoftBank's Vision Fund has lost $4B on its Didi investment, as its 20.1% stake bought for $11.8B in 2019 is now worth $7.8B
7:40 AM  •
Cecilia Kang / New York Times:  FTC asks a federal judge for an extension until August 19 to file an updated antitrust suit against Facebook and says Facebook has agreed to the proposal
7:30 AM  •
Saritha Rai / Bloomberg:  Byju's says it will acquire Singapore-based professional training and higher education service Great Learning for $600M in cash and stock
7:25 AM  •
New York Times:  FTX and Binance will curb highly leveraged cryptocurrency trading, a practice that can vastly multiply losses; FTX offered 101x leverage, now down to 20x
7:20 AM  •
Financial Times:  China's edtech overhaul could eliminate foreign investors from the sector and wipe out billions invested by Sequoia, Tiger, Tencent, and SoftBank's Vision Fund
7:10 AM  •
Elizabeth Dias / New York Times:  As part of its expanded outreach to US churches, Facebook is offering subscription tools for exclusive content and donation tools during live streams
7:05 AM  •
Bloomberg:  China issues regulations for food delivery platforms, mandating minimum wage, respect for worker rights, and more, leading to Meituan shares dropping by 14%+
6:25 AM  •
Roger McNamee / Wired:  Biden has to play hardball with platforms like Facebook that amplify disinformation in order to prioritize Americans' wellbeing over Big Tech's whims
5:20 AM  •
Abner Li / 9to5Google:  Ex-Google employee recounts how Google abandoned a redesign attempt of Chrome on Android, which was similar to iOS 15's Safari, with the URL bar at the bottom
1:40 AM  •
Max Fisher / New York Times:  Analysts and US officials say the disinformation-for-hire industry is booming, as influencers get approached by back-alley firms to spread falsehoods

July 25, 2021

10:50 PM  •
Noah Smith / Noahpinion:  China's tech crackdown has focused on consumer-facing internet companies, perhaps because Xi believes hard tech like chipmaking is more geopolitically important
8:50 PM  •
Jing Yang / Wall Street Journal:  As China ramps up testing of its digital yuan, its call for help from Ant and Tencent has led to an awkward dynamic, as Alipay and WeChat Pay are rivals
6:25 PM  •
Yinka Adegoke / Rest of World:  Kenyan tech founders say there is a funding bias toward North American and European expats in the country; analysis: only one Kenyan founder raised $1M+ in 2019
4:35 PM  •
Priya Anand / Bloomberg:  Parking apps in the US have seen a new wave of customers amid a surge in car ownership spurred by people avoiding mass transit and ride sharing due to COVID-19
2:10 PM  •
Bloomberg:  In a blow to the edtech sector, China orders tutoring companies teaching the school curriculum to go non-profit, bans them from IPOs and raising foreign capital
11:30 AM  •
Sami Fathi / MacRumors:  Mark Gurman: Face ID on the Mac is likely coming within a couple of years, and all iPhones and iPads will transition to Face ID within that timeframe, too
7:05 AM  •
Che Pan / South China Morning Post:  Chinese chip manufacturer Tsinghua Unigroup, which is saddled with ~$30.8B in liabilities, is seeking a huge bailout from investors amid bankruptcy proceedings
2:00 AM  •
New York Times:  A look at FTX, Binance, BitMEX, and their once North America-based founders, who run exchanges for highly-leveraged crypto derivatives trading outside the US
1:00 AM  •
Bloomberg:  Mobile game publisher Jam City is no longer going public via a SPAC merger, announced in May, that would have valued the company at $1.2B
12:35 AM  •
Christine Hall / TechCrunch:  Paystone, which provides service-based businesses with payments and customer engagement tech, raises $23.8M, bringing its total funds raised in 2021 to $78.8M
12:10 AM  •
Omar Faridi / Crowdfund Insider:  AuthenticID, which offers AI-based identity proofing and verification to help businesses fight fraud, raises $100M from Long Ridge Equity Partners

July 24, 2021

11:30 PM  •
Bloomberg:  Canadian auto parts supplier Magna has agreed to buy Veoneer, which develops advanced driver-assistance systems for autonomous vehicles, for $3.8B in cash
10:05 PM  •
Christine Hall / TechCrunch:  Lev, which wants to automate commercial real estate financing, raises $30M Series A at a $130M valuation, after raising a $10M seed round four months ago
7:10 PM  •
Ashwin Rodrigues / VICE:  A look at the presence of crypto in hip-hop culture, beginning as early as 2013, including meme songs, rapper Nas's Coinbase investment, and illicit ICOs
3:50 PM  •
Apoorva Mittal / The Economic Times:  Data from Venture Intelligence shows Indian social commerce startups have raised $554M so far this year, up 7x from all of 2020
1:00 PM  •
Stephanie Kirchgaessner / The Guardian:  WhatsApp CEO says they had recorded an attack against 1,400 users over a two-week period in 2019, casting doubts on NSO's defense against Pegasus project claims
10:25 AM  •
Christine Hall / TechCrunch:  Sendlane, which helps e-commerce companies automate email and SMS marketing, raises $20M Series A; CEO says Sendlane, which is seeing $7M+ in ARR, is profitable
7:05 AM  •
Niket Nishant / Reuters:  Event management software company Cvent is going public by merging with a SPAC at a valuation of $5.3B; Cvent was taken private in 2016 by Vista Equity Partners
2:00 AM  •
Kim Zetter / Zero Day:  Uncertainty about the nature of the list of 50K potential Pegasus targets created confusion and controversy, but doesn't negate the investigation's key findings
1:40 AM  •
Emma Betuel / TechCrunch:  Sweetch, which has developed an AI-powered app that aims to increase patient compliance and boost health outcomes, raises $20M Series A led by Entrée Capital
1:05 AM  •
Joanna Tan / CNBC:  China's antitrust authorities order Tencent Music to end its exclusive music licensing deals with global record labels within 30 days and impose a fine of ~$77K
12:35 AM  •
South China Morning Post:  China orders Tencent Music to relinquish exclusive licensing deals

July 23, 2021

11:30 PM  •
CNN:  Experts working with companies affected by the Kaseya ransomware attack say Kaseya is requiring companies to sign NDAs before providing access to decryption key
11:15 PM  •
Chad Bray / South China Morning Post:  PropertyGuru, which runs real estate rental and sale listing sites in Southeast Asia, is going public on the NYSE via a SPAC merger at a valuation of ~$1.8B
9:50 PM  •
The Cloudflare Blog:  Cloudflare accuses AWS of massive markups on egress bandwidth fees per region, estimating North American and European customers pay 80x the operational costs
8:30 PM  •
Kris Holt / Engadget:  Blizzard president calls sexual harassment lawsuit “extremely troubling” in internal memo, while a VP says it presents a “distorted and untrue” view of company
7:45 PM  •
Mitchell Clark / The Verge:  Facebook announces the Passthrough API, which allows Oculus Quest 2 developers to use real-world images collected via sensors to create mixed reality apps
7:05 PM  •
Joseph Pisani / Associated Press:  A look at Amazon's Key For Business program, launched in 2018 to let drivers unlock apartment buildings via an app, which it is encouraging landlords to adopt
5:45 PM  •
Radhamely De Leon / VICE:  Researchers say they embedded malware in up to half of the neurons in the benchmark AlexNet AI model⁠ and still kept the model's accuracy rate above 93.1%
5:35 PM  •
Mark Bergen / Bloomberg:  YouTube has avoided criticism by Biden and others for vaccine misinformation, after Biden criticized Facebook, possibly because its content is harder to track
5:05 PM  •
Dean Takahashi / VentureBeat:  Outbrain closes flat on its first day of trading, after raising $160M in its IPO at a valuation of $1.25B
3:55 PM  •
Jon Porter / The Verge:  Google Drive is rolling out the ability for users to block other accounts from sharing files with them, to prevent potential harassment and spam on the service
2:50 PM  •
Abner Li / 9to5Google:  Google publishes a detailed timeline for the Privacy Sandbox rollout in Chrome, reiterating plans it announced earlier to delay cookie phaseout until H2 2023
1:25 PM  •
Sergiu Gatlan / BleepingComputer:  Twitter transparency report: only 2.3% of active accounts have enabled 2FA between July and December 2020; 79.6% of those who did used SMS-based 2FA
12:35 PM  •
Filipe Espósito / 9to5Mac:  Sources: Apple is testing a new external display with a dedicated Apple-made SoC that includes a Neural Engine

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