Coinbase shares close at $328.28, valuing the company at $85.78B, down from its open of $381; Nasdaq listed shares at $250 before Wednesday's open
- Coinbase's market cap exceeded $100 billion after its debut Wednesday morning on the Nasdaq, though the stock fell later in the day.
US sanctions Russia for 2020 election interference and SolarWinds hack, blacklisting six tech companies that provide support to Russian intelligence services
The United States is hitting Russia with fresh sanctions for interference in the 2020 presidential election …
Google updates Earth with historical 3D time lapses that show the devastating effects of climate change, using satellite photos from the last 37 years
The new feature will be available Thursday — Google Earth is getting a new 3D time-lapse feature that lets you observe how Earth …
[Thread] A Facebook moderator at Accenture who just quit decries inadequate mental health support and says the current system is bad for Facebook itself
A Facebook content moderator contracted through Accenture in Austin quit this morning with a blistering internal note. I've typed it out in full so people can read it for themselves. https://twitter.c...
Review of DJI's new $999 Mavic Air 2S: great for beginners with a big one-inch camera sensor but is expensive and there's a significant crop in 4K 60fps
The Mavic Air 2S's camera sensor is the same size as what you get in the higher-end Mavic 2 Pro. It's much larger than the half-inch sensor used in last year's Air 2.
Dell to spin off its stake in VMware and use the proceeds of $9.3B-$9.7B to pay down Dell's debt, expecting to close the deal in Q4; Dell stock up 8%+
Dell sees the spin-off as a way to give each company more strategic flexibility and improve capital structure efficiencies …
Jeff Bezos says Amazon Prime now has 200M+ subscribers, up 50M from the beginning of 2020, and Amazon's net profit in 2020 was $21.3B
A new letter to shareholders from Amazon CEO Jeff Bezos revealed that the tech giant's Prime service now has over 200 million subscribers.
Executives from Intel, Nvidia, and TSMC say the global chip shortage will likely continue at least into 2022 and maybe into 2023
Companies reeling from natural disasters and massive demand from OEMs, consumers. — How many years will the ongoing chip shortage affect technology firms across the world?
In his final letter to shareholders, Bezos says Amazon needs a better vision for its “employees' success” and he will focus on making its warehouses safer
KEY POINTS — Amazon CEO Jeff Bezos on Thursday issued his final letter to shareholders before turning the helm over to AWS CEO Andy Jassy.
Parallels releases Desktop 16.5 with native Apple Silicon support, letting users run Windows 10 ARM Insider Preview on M1 Macs, and touts improved performance
M1 Mac users now have a new way to virtualize Windows on their machines. Parallels has officially released Parallels Desktop 16.5 today …
International coalition of 35 children's and consumer groups calls on Mark Zuckerberg to scrap plans for an Instagram for children
An international coalition of 35 children's and consumer groups called on Instagram on Thursday to scrap its plans to develop a version of the popular photo-sharing app for users under age 13.
Google announces Assistant updates, including helping find misplaced iPhones, even those in silent mode, and improvements to online food ordering checkout
Google today announced a handful of new Assistant features, while making others more widely available.
Apple announces $200M investment fund for forest restoration projects that will develop financially viable initiatives to restore woodland areas
As part of Apple's continued environmental commitments, the company today announced a new $200 million ‘Restore Fund’ that will develop …
Federal judge overturns $506M+ in damages that Apple was ordered to pay PanOptis and related companies for willfully infringing patents covering 4G LTE tech
- Apple should be able to argue whether royalty demand was fair — U.S. judge refuses to overturn liability finding against Apple
Twitter says it will study any “unintentional harms” caused by its algorithms and will make the findings public as part of its Responsible ML Initiative
new plan to study the fairness of its algorithms. As part of the effort, which the company has dubbed the …
Routable, which enables B2B payments by automating bill payment and invoicing processes, raises $30M Series B led by Sam Altman, and Lattice CEO Jack Altman
Several prominent tech founders also put money in the round — We all know the COVID-19 pandemic has accelerated digital adoption …
Facebook says it is testing a News Feed feature in the US to let users tap on topics underneath posts and ads to explore content from related businesses
Facebook announced this morning it will begin testing a new experience for discovering businesses in its News Feed in the U.S. When live …
Kuo: 2022 iPhone lineup will feature two 6.1" and two 6.7" devices, no mini-sized 5.4"; high end models will have 48MP camera and 8K video capability
Juli Clover / MacRumors :
Some Clubhouse power users discuss the app's problems with scammers, moderation issues, stolen jokes, copied room concepts, celebrity imposters, and more
Fake laughs, imposters, and scams — behind the invite-only audio app's most obsessive users — For the first time since the pandemic started …
Amazon launches a $250M fund in India to invest in startups that focus on helping SMBs automate and digitize their operations
Amazon on Thursday announced a $250 million venture fund to invest in Indian startups and entrepreneurs focusing on digitization of small and medium-sized businesses (SMBs) in the key overseas market.
Walmart says it is investing in GM's self-driving unit Cruise, bringing its latest round to $2.75B, up from $2B in January when Microsoft invested
- Deal brings Cruise's latest funding round to $2.75 billion — Walmart joins fellow Cruise investors Microsoft and Honda
KKR-backed mobile gaming company AppLovin, which operates more than 200 games, raises $1.8B in its IPO, giving it a market capitalization of $28.6B
KKR-backed company to make Nasdaq debut on Thursday — AppLovin, the mobile games company that owns hits such as a Matchington Mansion and Wordscapes …
Leaked doc: EU considers a ban on using AI for social credit scores, surveillance, and more; non-compliant companies could be fined up to €20M or 4% of turnover
Non-compliant companies could face a fine of up to €20 million or 4 percent of turnover.
Instagram says it is running a small global test to let users toggle Like counts on or off on their own or others' posts; Facebook will run a similar test
Facebook and Instagram have been toying with hiding likes … Rachel Lerman / Washington Post : What's not to like? Instagram lets users hide ‘like’ counts on posts. Hansa Verma / BGR India : Instagram...
Lingoda, an on-demand online language school with live instructors and Zoom classrooms, raises $68M led by Summit Partners
A startup out of Berlin that's built and grown a successful online language learning platform based around live teachers and virtual classrooms is announcing …
Customers describe unhappiness with Apple contractor Phobio's handling of trade-ins, with quotes for devices slashed for alleged “defects” after being sent in
Some Instagram accounts, such as NextShark, increasingly document incidents of anti-Asian violence that some say spurs a relentless cycle of aggregated trauma
Terry Nguyen / Vox : Tweets: @terrygtnguyen , @abbyohlheiser , @delia_cai , @notoriousecg , @eileenguo , @noahreservation , @filipgwriting , @raywongy , @er_ique , @niemanlab , @katxmoon , @terrygtng...
Hundreds of executives and companies, including Alphabet, Apple, Facebook, and Amazon, sign a statement opposing “any discriminatory legislation” around voting
100s of companies and exec sign this letter opposing “any discriminatory legislation.” Ad appeared in the NYT and @washingtonpost today. w / @andrewrsorkin https://www.nytimes.com/... https://twitter....
Ford unveils BlueCruise, its “hands-free” advanced driver assist system, limited for use on 100,000 miles of highways, coming to 2021 F-150 and Mach-E in 2021
meet BlueCruise Trevor Mogg / Digital Trends : Watch Ford testing its next-gen driver-assist tech on a mega road trip BeauHD / Slashdot : Ford's BlueCruise Self-Driving Tech Did a 110,000-Mile Road Tr...
Internal memo: three high-ranking Shopify executives, the chief technology officer, chief talent officer, and chief legal officer, are leaving in June
Sources: SoftBank's Vision Fund 2 is in talks to invest up to $500M in Indian food delivery service Swiggy, at a ~$5.5B valuation
SoftBank Vision Fund 2 is in advanced stages of talks to invest up to half a billion dollars into food delivery startup Swiggy, two sources familiar with the matter told TechCrunch.
TetraScience, which helps life sciences companies analyze data, raises $80M Series B bringing its total raised to $88M+
Join Transform 2021 this July 12-16. Register fo r the AI event of the year. — TetraScience, an R&D cloud data management company focused on life sciences and drug discovery …
TrillerNet, parent of TikTok competitor Triller, acquires customer engagement platform Amplify.AI and combat sports streaming and events service FITE TV
UserZoom, which lets companies like Google and Microsoft evaluate and improve their UX and design elements, raises $100M led by Owl Rock
Graphic designer Paul Rand once famously said that the public was more familiar with bad design than good design. While he was referring to most of the design …
Benchling, which provides cloud-based software to manage biotech R&D, raises $200M led by Sequoia Capital Global Equities at $4B valuation, 5x its value in May
epic institutions in life sciences & crypto. https://twitter.com/... Jude Gomila / @judegomila : Well done to @sajithw and co for hitting $4bn valuation for @benchling with a $200 million led by Sequo...
Amazon unveils second-gen Echo Buds with a 20% smaller design and enhanced noise cancellation for $120 or $140 with a wireless charging case
Smaller, Lighter, Even Better Sound—Just $119.99 Dominic Preston / techadvisor.co.uk : Jabra Elite 85t review Simon Walsh / 9to5Toys : Amazon and Anker team up to make Echo Buds Charging Pad that also...
US Senate confirms Gary Gensler as chairman of the SEC; Gensler oversaw the CFTC under Obama and taught classes at MIT on digital assets and blockchain
Tech industry group funded by Amazon, Facebook, Google, and others says it supports a corporate tax hike like the one Biden proposed in his $2T plan
- Chamber of Progress, a new tech industry group funded by giants like Amazon, Facebook and Google is announcing its support …
Facebook says it has reached its target of powering its global operations entirely on renewable energy, after investing $8B in green energy projects
Twitter's Trending Topics, designed to surface significant news, invariably leads to context collapse, where disparate audiences are lecturing past each other
Astranis, which is developing small, low-cost satellites to provide broadband internet, raises $250M Series C at a $1.4B valuation led by BlackRock
Michael Sheetz / CNBC :
Profile of 23-year-old Nick Lim, who founded Vancouver-based VanwaTech, a hosting provider for white supremacist websites like Daily Stormer and 8kun
.' ” https://www.bloomberg.com/... Aly-Khan Satchu / @alykhansatchu : “My take on Trump is that he is an inevitable creation of this unreal normal world,” Adam Curtis says The Spinning Top https://ric...
Seeq, a data analytics startup focused on the manufacturing industry, raises $50M Series C led by Insight Partners, bringing its total raise to ~$115M
Taylor Soper / GeekWire :
TuSimple, which is developing autonomous trucks, raises $1.35B in its IPO, giving it a market capitalization of ~$8.5B
Crystal Tse / Bloomberg :
Draft White House plan to shore up the security of the power grid, especially against cyberattacks, includes incentives for electric companies and more
Spotify has now removed 42 episodes of The Joe Rogan Experience podcast, offering no explanations for the removals
A man was fined ~$100,000 in Singapore last month for sharing a Facebook link ruled as defamation against the Prime Minister, setting a dangerous precedent
Scale AI, which helps companies manage data for AI applications, raises $325M at a $7.3B valuation, up from a $3.5B valuation in December 2020
Sources: Indian startup Zeta, which helps banks launch fintech products, is in talks to raise ~$250M Series D led by SoftBank Vision Fund 2
Manish Singh / TechCrunch :
Sources detail how Amazon uses its power across markets to compel vendors in one market to accept its terms in others, including threatening punitive action
Federal regulators say hospitals and health insurers can't use code that hides healthcare pricing data from web searches
Wall Street Journal : Tweets: @jayhancock1 and @wsj Tweets: Jay Hancock / @jayhancock1 : Knowing the price is the No. 1 requirement for a functioning market. Very telling how far some hospitals will ...
How Walmart's Marketplace, which grew from six third-party sellers in 2014 to ~70K in 2020, is competing with Amazon, as some worry Walmart's system is stressed
Richa Naidu / Reuters : Tweets: @glenngabe Tweets: Glenn Gabe / @glenngabe : Walmart Marketplace grew to an estimated 70K sellers in 2020, fueled by a surge in online shopping due to the Covid-19 pan...
Sunday, which helps restaurants improve their checkout flow, raises $24M seed at a $140M post-money valuation led by Coatue
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.