EU charges Apple with antitrust violations, alleging that Apple squeezed rival music streaming apps by requiring them to use its in-app payments system
EU accuses Apple of forcing many apps to use its in-app payment system on which it takes commissions, saying it ‘distorted competition’ in music streaming
Amazon reports Q1 revenue of $108.5B, up 44% YoY, net income of $8.1B, up from $2.5B YoY, and says AWS has become a $54B annual sales run rate business
Amazon today announced financial results for its first quarter ended March 31, 2021. • Operating cash flow increased 69% …
Apple clarifies that the first-gen Magic Keyboard is “functionally compatible” with the new 12.9-inch iPad Pro but may not “precisely fit when closed”
In a new support document published today, Apple has clarified the situation around the Magic Keyboard's compatibility with the new 12.9-inch iPad Pro.
Roku has removed YouTube TV from its channel store after Roku and Google failed to come to a distribution agreement; existing users will continue to have access
YouTube TV has been removed from Roku's channel store, after Roku and YouTube TV parent Google failed to come …
Experts detail how Apple AirTags can be used by an abuser to discreetly track a partner despite built-in protections, especially when victims are not iOS users
AirTags are powerful surveillance technology. And the National Network to End Domestic Violence believes Apple has more work to do to fix them.
Combined revenue of Amazon, Apple, Alphabet, Microsoft, and Facebook hit ~$1.2T this year, up 25% since March 2020, benefitting from a “perfect positive storm”
The dictionary doesn't have enough superlatives to describe what's happening to the five biggest technology companies …
Jeff Bezos says Prime Video streaming hours are up over 70% YoY, with more than 175M Prime members having streamed TV shows and movies in the past year
Todd Spangler / Variety :
Zoë Roth, the girl from the “Disaster Girl” meme who is now a college senior studying peace, war, and defense, sells the meme as an NFT for ~$500,000
Marie Fazio / New York Times :
Amazon says AWS had Q1 revenue of $13.50B, 32% growth YoY and 28% growth QoQ, beating estimates and contributing $4.16B to operating income
Jordan Novet / CNBC :
English soccer and cricket clubs and other sporting bodies begin a four-day boycott of Twitter, Facebook, and Instagram, protesting abuse on the platforms
Football clubs, players, athletes and a number of sporting bodies have begun a four-day boycott of social media in an attempt …
ByteDance announces that its CFO Shouzi Chew will now also become the CEO of TikTok; TikTok's interim head Vanessa Pappas will be TikTok's COO
Shouzi Chew, the CFO of ByteDance, got a new job title on Friday: CEO of TikTok. Vanessa Pappas, who's been running the company …
Twitter reports Q1 revenue of $1.04B, up 28% YoY, vs $1.03B est., monetizable DAUs of 199M, up 7M QoQ, vs 200M est.; stock drops 12%+
Salvador Rodriguez / CNBC :
Google is experimenting with post-pandemic designs in 10% of its global work spaces, including inflatable balloon walls, hybrid meeting rooms, open-air tents
The company that helped popularize open office plans and lavish employee perks is trying to reinvent office spaces to cope …
Microsoft says it will reduce its cut for PC games in Microsoft Store from 30% to 12% starting August 1, in a bid to compete with Steam
Tom Warren / The Verge :
Darktrace shares jumped as much as 40% on its London Stock Exchange debut, after its IPO raised £165M at an opening value of £1.7B
Cambridge-based cyber security company and its backers raise £165m in London debut — Darktrace saw its shares jump by as much as 40 per cent …
DOJ says SAP voluntarily admitted to violating Iran sanctions and exporting software to users in the country 20K+ times between 2010 and 2017, and will pay $8M+
SAP says it accepts “full responsibility for past conduct.” — SAP has reached a settlement with US investigators to close …
A task force of 60+ experts from industry, government, nonprofits, and academia calls on the US and allies to take steps to fight a surge in ransomware attacks
the Secret Weapon to Combatting Ransomware Danny Palmer / ZDNet : Ransomware is now a national security risk. This group thinks it knows how to defeat it Duncan Riley / SiliconANGLE : Expert task for...
Amazon says its “other” unit, comprised mostly of advertising, had Q1 revenue of $6.9B+, up 77% YoY, beating expectations and up from 44% YoY growth in Q1 2020
Megan Graham / CNBC : Tweets: @megancgraham See also Mediagazer Tweets: Meg Graham / @megancgraham : Amazon's ads business was growing like crazy and now it's growing even faster https://www.cnbc.com...
US Labor Secretary says “in a lot of cases” gig workers should be classified as employees; shares of Uber, Lyft, and DoorDash fell sharply afterwards
Nandita Bose / Reuters :
Sources: US is investigating a recently discovered hack against federal agencies that used a vulnerability in Pulse Secure VPN, that began during Trump years
Labor Secretary Marty Walsh told a panel of House Appropriators … Stephen E. Arnold / Beyond Search : How Are Those Cyber Security Vendors Performing? (Yes, That Is the Correct Word) Tweets: Chris Bin...
Source: Taiwan told foreign and domestic staffing companies to remove all listings for jobs in China, emphasizing listings that seek to poach chip-making talent
Nikkei Asia :
From Sutter Hill's Snowflake investment to Accel's bet on UiPath, Altos Ventures' bet on Roblox, and more, a look at VC firms poised to reap blockbuster profits
Sutter Hill's Snowflake bet eclipses some of the biggest returns in U.S. startup history — Nearly a decade ago … Tweets: @srussolillo , @carnage4life , @gavinsbaker , @hkanji , @mccventures , @workm...
During his first speech to a joint session of Congress, Biden announced that Kamala Harris will lead the administration's rural broadband initiative
Cat Zakrzewski / Washington Post :
Facebook details DINO self-supervised AI for object discovery and segmentation in images/videos, and PAWS, a new ML approach to classify poorly labelled images
Kyle Wiggers / VentureBeat :
Facebook joins the Rust Foundation, the org driving Rust, following Amazon, Google, Huawei, Microsoft, and Mozilla, and details its use of Rust since 2016
Liam Tung / ZDNet :
Instagram adds new features to let users mute their microphones and even turn their video off while using Instagram Live, as it seeks to compete with Clubhouse
Plus One Robotics, which makes computer vision software for robotics in logistics and warehouse settings, raises $33M Series B, bringing total raised to $40M+
Brian Heater / TechCrunch :
Filing: during Q1, Alphabet saved $268M in expenses from company promotions, travel, and entertainment, compared to Q1 2020, “primarily as a result of COVID-19”
Mark Bergen / Bloomberg : Tweets: @creative_rants , @erika_d_smith , @mhbergen , @bloombergquint , @benedictevans , and @hkanji Tweets: Creative Rants / @creative_rants : Me in 2023 telling all the n...
China asks 13 companies, including Tencent, ByteDance, and the fintech affiliate of Baidu, to introduce similar changes to those imposed on Ant Group
payments. Scoop by @QiZHAI https://www.wsj.com/... Jonathan Cheng / @jchengwsj : China is reining in the ability of the country's internet giants to use big data for lending, money-management and simi...
Founders and VCs are flocking to Miami for “Miami Tech Week”, an impromptu event kicked off by a tweet from Delian Asparouhov, a principal at Founders Fund
IBM acquires cloud app and network management company Turbonomic, reportedly for between $1.5B and $2B
Google removed an educational coding app called DroidScript, which was on the Play Store for 7+ years, without recourse, seemingly over allegations of ad fraud
Thomas Claburn / The Register : Tweets: @bhurren Tweets: Ben Hurren / @bhurren : Just having ads in your app puts you at risk of being taken down by @GooglePlay https://david-hurren.medium.com/ ...
OpenSignal: 5G-capable devices access mmWave 5G less than 1% of the time across all US carriers; Verizon leads with just 0.8% availability
Paxos Trust, which offers crypto trading settlement services, raises $300M Series D led by Oak HC/FT at a $2.4B valuation
Matthew Leising / Bloomberg :
Financial services use Facebook's ad targeting to block people in certain age groups from seeing their ads, violating Facebook's anti-discrimination policies
Rho, which offers business banking, expense management, and accounts payable services, raises $100M in debt financing, following a $15M Series A in January
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.