Newly created Twitter accounts labeled as Amazon employees are defending the company amid a union drive; Amazon admitted in 2018 to paying for similar tweets
- Amazon's paid army of employee Twitter users is at it again, this time criticizing unionization.
Visa says it will allow the use of cryptocurrency USD Coin to settle transactions on its payment network and has launched a pilot program with Crypto.com
Noor Zainab Hussain / Reuters :
Google announces upgrades to Maps, including indoor AR directions, a new directions interface with eco-friendly driving routes, and new weather map layers
Indoor AR directions, a new directions interface, and more — Google is announcing a bunch of new features planned for Google Maps …
Xiaomi unveils €1,200 Mi 11 Ultra, with a rear-facing 1.1-inch AMOLED screen, and the Mi 11i, Mi 11 Lite series, Mi Band 6, and an AirPower-like charging pad
Corbin Davenport / XDA Developers :
After a monthslong campaign, the union election for Amazon workers in Bessemer, AL, has concluded and vote counting begins on Tuesday, overseen by the NLRB
policies that bend over backwards to attract companies in need of cheap, hassle-free labour https://www.ft.com/... https://twitter.com/... @financialtimes : The labour and civil rights movements have ...
PayPal says it has started letting US customers use cryptocurrency holdings to pay millions of its online merchants globally
LONDON (Reuters) - PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay …
Apple announces a virtual WWDC 2021 from June 7 to June 11, where iOS 15, macOS 12, watchOS 8, and more are expected
Apple has officially announced WWDC 2021. This year, the conference will take place completely virtually starting June 7. This marks the second year in a row that Apple …
Xiaomi announces Mi Mix Fold, its first folding phone, with an 8.01-inch 4:3 OLED display, Snapdragon 888, 5,020mAh battery, and four Harman Kardon speakers
The Mi Mix series returns — Xiaomi has resurrected its Mi Mix series with the Mi Mix Fold, the company's first commercial folding phone.
Epic Games says it has filed a complaint in support of UK antitrust watchdog's ongoing investigation into Apple's alleged anti-competitive behavior
Epic Games today said it had filed a complaint to the UK's antitrust watchdog in support of the government department's ongoing investigation …
FTC abandons its antitrust lawsuit against Qualcomm, says it won't seek a Supreme Court review of a 2020 federal appeals court decision that acquitted Qualcomm
- FTC declines to seek Supreme Court review of monopoly case — Company was accused of abusing dominance in cell-phone chips
Sources: Amazon's recent tweets aimed at politicians came after Bezos told execs they were not pushing back enough on criticism that was inaccurate
Spotify buys app developer Betty Labs, creator of Locker Room, a live social audio app where fans can talk about sports, which Spotify plans on expanding
The acquisition will allow creators of all kinds to host anything from debates to live concerts.
LinkedIn adds Creator mode for influencers, launches video Cover Stories, and extends free career training tools in partnership with Microsoft
LinkedIn, the social network now with 740 million users around the world, has carved out an identity for itself as the place online where professionals …
Google Nest Hub (2nd-gen) review: easy and reliable sleep tracking, improved speaker, excellent Google Photos photo frame, but too slow for everything else
The new Nest Hub is just as good at being a digital photo frame as before, but it's slow for everything else
Dapper Labs, maker of NFT-focused NBA Top Shot, raises $305M, sources say at $2.6B valuation; investors include several pro athletes including Michael Jordan
Dapper Labs draws investors that include basketball legends Michael Jordan and Kevin Durant, seeking to cash in on the digital-collectibles craze
Ripple says it is acquiring a 40% stake in Asian cross-border payments company Tranglo
Crypto firm Ripple has agreed to acquire a 40% stake in Asian payments specialist Tranglo. The transaction is subject to regulatory approvals is expected to occur sometime this year.
Foxconn reports Q4 profit of $1.61B, down 4% YoY, revenue of $70B, up 15% YoY, mainly from consumer electronics, including smartphones
- Profit fell nearly 4% despite contributions from new iPhones — Company says impact of parts shortages will be limited
The official PHP Git repository was hacked, adding a backdoor RCE to the PHP source code; PHP maintainer says the changes were reverted within a few hours
This commit does not belong to any branch on this repository … Mark Sullivan / Fast Company : Hackers put a back door in a code library that powers 79% of websites Tweets: Sam Kottler / @samkottler : ...
Filing: Xiaomi will invest ~$10B over the next decade to manufacture electric cars, with an initial investment of $1.5B in smart vehicle manufacturing
- Chinese phone giant aims to outsource vehicle assembly — Market booms as prices fall, consumers embrace cleaner cars
Sources: Substack is raising $65M at a $650M valuation; a16z will lead the round
Substack is raising $65 million in new venture capital funding that would value the company at around $650 million, Axios has learned. Existing investor Andreessen Horowitz is leading the round.
Sources: shares of ByteDance are trading at a $250B+ valuation in the secondary market; CB Insights said ByteDance's valuation was $140B in last fundraising
- Startup's valuation was $140 billion in last fundraising — Shares of ByteDance Ltd., the Chinese parent of hit video app TikTok …
Sources: SolarWinds hackers gained access to emails of Trump administration's top DHS officials, including acting Secretary Chad Wolf and cybersecurity staff
Report iTnews : SolarWinds hack obtained emails of top US Homeland Security officials Tweets: @inteloperator : The recently approved stimulus package includes $650m for the Cybersecurity and Infrastru...
T-Mobile will end its TVision live TV offerings, partner with Philo and YouTube TV, and make Google Messages the default messaging app for Android customers
Todd Bishop / GeekWire :
Indian fintech MobiKwik is investigating after a dark web site claimed to have private info on ~100M MobiKwik users and “know your customer” docs of 3.5M users
MobiKwik said on Tuesday it was investigating claims of data breach after a website claimed to have exposed private information …
Facebook says it has planned two new undersea cables in a project with Google and local telcos to connect Singapore, Indonesia, and North America
Enterprise data storage startup Cohesity announces an employee share tender offer totaling $145M, valuing the company at $3.7B, up from $2.5B last year
- Data management business launches $145 million tender offer — SoftBank Vision Fund doubling down on Cohesity investment
Cameo, which now has 40,000 personalities, raises $100M from Vision Fund 2 and others at a $1B+ valuation, up from $300M in 2019
The four-year-old video platform features more than 40,000 personalities but faces increased competition, potentially from Facebook
Volvo and Aurora announce a partnership to develop fully autonomous semi trucks for North America, to be deployed on highly frequented hub-to-hub routes
Another day, another partnership — Volvo is partnering with self-driving startup Aurora on a new lineup of fully autonomous semi trucks, the companies announced.
Bakkt launches its digital wallet app, with partners including Starbucks and Best Buy; during its five-month invite-only beta period, it garnered 500,000+ users
Trading fiat currency for crypto—or frequent flier miles for lattes — Today, Bakkt is announcing the general availability …
European startup Everli, which lets customers order from local supermarkets for delivery, raises $100M Series C led by Verlinvest
Everli, the European marketplace for online grocery shopping that started in Italy but now also operates in Poland, Czech Republic and France, has raised a $100 million in Series C funding.
Fintech SaaS startup Capitolis raises a16z-led $90M Series C, says run rate increased sixfold in 2020, and plans to expand headcount from 90 to 150 this year
Capitolis, which makes technology for capital markets players such as investment and merchant banks, has closed …
6sense, which offers AI-based sales prediction and marketing tools, raises $125M Series D led by D1 Capital Partners at a $2.1B valuation, up from $300M in 2019
AI has become a fundamental cornerstone of how tech companies are building tools for salespeople: they are useful for supercharging …
HYCU, which provides multi-cloud backup and recovery services for mid-market and enterprise customers, raises $87.5M Series A led by Bain Capital Ventures
Ingrid Lunden / TechCrunch :
MessageBird, a Twilio rival, says it has spent $100M+ buying three startups: video calling firm 24sessions, data management firm Hull, and API startup Pusher
- Dutch software company agrees to buy 24sessions and Hull — MessageBird valued at $3 billion during $200 million fundraise
Auto chip maker Renesas says it will take three to four months to recover full production after discovering more damage from a recent factory fire
Wall Street Journal :
Eight current and former members of the American Bar Association's antitrust section say it's heavily influenced by lawyers from Facebook, Apple, Amazon, Google
Emily Birnbaum / Protocol :
Deliveroo narrows IPO pricing at new £3.90 to £4.10 range, a lower end of earlier target, for maximum valuation of £7.85B, down from initial £8.9B
Tim Bradshaw / Financial Times :
Vista Equity Partners acquires a majority stake in ad-tech company TripleLift, a source says for $1.4B
Ronan Shields / Adweek :
Zoomin, which uses AI to help companies turn disparate product content into useful customer support data, raises $52M Series C led by General Atlantic
Ingrid Lunden / TechCrunch :
Sources: Ramp, a Brex rival offering corporate cards and tools to manage staff expenses, is close to raising two rounds, one led by Stripe valuing it at $1.6B
The Information :
HighRadius, which offers accounts receivable software with features like invoice payment date prediction, raises $300M and is now valued at $3.1B
Katie Roof / Bloomberg :
Hiber, which is building a IoT satellite network to keep track IoT devices globally, raises €26M from the EU and private investors
Dan Taylor / Tech.eu :
ClimaCell, which offers weather intelligence services, rebrands as Tomorrow.io and raises $77M Series D, bringing its total funding to ~$185M
Frederic Lardinois / TechCrunch :
Overview of chip industry bottlenecks causing huge increases in lead times, which at Broadcom grew to 22.2 weeks, up from 12.2 weeks in February 2020
Bloomberg : Tweets: @thestalwart , @liamspradlin , @business , and @bradstone Tweets: Joe Weisenthal / @thestalwart : This is a really phenomenal presentation from @ianmking @pogkas and @debbywuintai...
Vienna-based GoStudent, which connects students to tutors virtually, raises €70M Series B led by Coatue, bringing its total amount raised to €83.3M
Mike Butcher / TechCrunch :
Applied Materials drops multi-billion dollar purchase of Japanese chip-making equipment company Kokusai Electric after approval delays from Chinese regulators
Apptopia: apps including Pinterest, YouTube, and Snapchat have seen sustained growth during the pandemic, while Zoom's DAUs hit a peak in US around Sept. 2020
Germany-based Staffbase, which provides a suite of employee engagement tools for companies, raises $145M led by General Atlantic
Dan Taylor / Tech.eu :
Report: VCs and PE firms invested in 403 Chinese semiconductor-related companies in 2020, a 47% rise from 2019
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.