JBS, the world's top meatpacker, is hit by a ransomware attack, leading it to pause its Australian operations, livestock slaughter in many US states, and more
- The attack caused JBS's Australian operations to shut down on Monday. The company, the world's largest meatpacker, said it was working to resolve the incident.
Etsy says it is buying the London-based fashion resale app Depop, popular with Gen Z, for $1.6B in an all-cash deal
The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic. — Depop, the fashion resale marketplace beloved …
Amazon announces this year's Prime Day will take place on June 21 and 22, returning to its typical summertime slot
- Amazon's annual Prime Day event will take place June 21 and 22, the company announced Wednesday. — Prime Day is returning to its normal summertime slot after Amazon postponed …
Coinbase says Coinbase Pro users will be able to trade dogecoin starting Thursday “if liquidity conditions are met”
The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.
Huawei details HarmonyOS, designed to run across multiple devices, coming to Mate 40 and foldable Mate X2 smartphones, Watch Series 3, and MatePad Pro tablet
- Huawei has launched HarmonyOS on its flagship Mate 40 and foldable Mate X2 smartphones, the Watch Series 3 smartwatch and MatePad Pro tablet.
Documents: SEC told Tesla last year that Elon Musk twice violated a court-ordered policy requiring his tweets be vetted by lawyers in 2019 and 2020
SEC said Musk flouted court-ordered policy in 2019 and 2020, records show — WASHINGTON—Securities regulators told Tesla Inc. last year …
Source: Apple has lost at least three top managers of its self-driving car team in recent months
- Company sees at least three departures from top of car group — Apple has begun early work on an autonomous electric vehicle — Apple Inc. has lost multiple top managers …
A CA court dismissed bribery charges against Apple's security chief Thomas Moyer, saying accusation of iPad donations for gun permits was “pure speculation”
A court in California on Tuesday dismissed bribery charges against Apple Inc's (AAPL.O) security chief …
A spokesperson for Donald Trump says his blog, used to share statements after he was banned on Facebook and Twitter, has been permanently shut down
- Former President Donald Trump's blog has been permanently shut down. — The page, “From the Desk of Donald J. Trump,” …
Researcher finds that Alibaba-owned UC Browser app on iOS and Android sends information on every website a user visits to UCWeb servers, even in incognito mode
If you went to download Alibaba-owned app UC Browser this month, whether from Google's Android Play store or Apple's iOS App Store …
Huawei announces first smartwatches running HarmonyOS: the Huawei Watch 3 and Huawei Watch 3 Pro for £349.99 and £499.99 in the UK, available June 18 and 28
With eSIM compatibility and support for video calls over MeeTime — Huawei has announced its first smartwatches running …
Analysis: Apple had more suppliers in China than any other country including Taiwan in 2020; number of Apple suppliers in US also slid despite Trump's trade war
Number of US companies in supply chain also slides despite Trump's trade war — TAIPEI — China now boasts more Apple suppliers …
TSMC has started construction on its 5nm semiconductor factory in Arizona and says 3nm production in Taiwan is on track to start volume production in H2 2022
Construction has started at a site in Arizona where Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) (TSMC) …
Twitter says it will start adding full-screen ads to Fleets, supporting images and videos that can be up to 30 seconds long, initially in US on iOS and Android
A handful of advertisers will begin testing the format Tuesday — Twitter said Tuesday it will start adding full-screen ads to Fleets …
A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge
Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hype—but hype can be its own economic engine.
Spotify announces Only You, which gives users personalized playlists and insights based on habits, and Blend, letting two friends merge tastes in a playlist
Spotify loves when people share its annual Wrapped music breakdown on social media, so it's making that more of a year-round treat.
Zoom reports Q1 rev. of $956.2M, up 191% YoY, vs $906M est., and sees 50% revenue growth for the full fiscal year as expansion falls from pandemic-fueled 2020
- Zoom's results exceeded estimates across the board. — The company now sees 50% revenue growth for the full fiscal year …
JBS says it has made “significant progress” to resolve the cyberattack impacting operations and the “vast majority” of its meat plants will be operational Wed.
Michael Hirtzer / Bloomberg :
Inside the Chicken Drumstick video game cheating empire, which made ~$77M from selling cheats for PUBG Mobile before Chinese police and Tencent busted the ring
The cheat-making group known as “Chicken Drumstick” made more than $70 million selling cheats for PUBG Mobile. This is the story of its rise and fall.
Analysis of data from 5,411 warehouses in 2020 finds Amazon workers suffer serious injuries at nearly double the rate of workers at comparable companies
Washington Post :
Mozilla updates Firefox desktop and mobile apps with a revamped design, details the data-driven process used to guide the creation of the new streamlined look
Even though we're in the web browser business … Arthur Edelstein / Mozilla Security Blog : Firefox 89 upgrades Private Browsing Windows with Total Cookie Protection Mozilla : See what's new in Firefox...
Critics worry Biden's rural-first broadband strategy could leave urban America behind; 13.6M urban households don't have broadband vs. 4.6M rural households
Many more people in cities lack broadband access than in rural areas, but lawmakers are primarily focused on extending high-speed access to remote areas. Tweets: @communitynets , @ahnakruzic , @stacey...
Nvidia announces flagship gaming GPU GeForce RTX 3080 Ti, promises to deliver 1.5x more performance over RTX 2080 Ti, available worldwide on June 3 for $1,199
Yieldstreet, which lets users make alternative investments in areas like real estate and shipping, raises $100M Series C, bringing its total raised to $278.5M
These days, investing goes way beyond the stock market. And in recent years there's been a growing number of startups which aim …
Coinbase says users can use their Coinbase Card with Apple Pay and Google Pay and spend crypto, with Coinbase automatically converting crypto to USD for a fee
Facebook says it will open the Messenger API for Instagram to all businesses, after announcing a closed beta in October 2020
F8 Refresh, Facebook's annual developer conference with a new twist — it's more pared down than in years past, and virtual — is going to be kicking off later today …
YouTube says it has paid over $4B to the music industry in the last 12 months and has added more paid members in Q1 2021 than in any other quarter since launch
YouTube paid out more than $4 billion in royalties to artists, songwriters, and rights-holders, according to a new blog post …
Synctera, which develops tools to help match up community banks and fintechs, raises $33M Series A led by Fin VC, six months after raising $12.4M seed
Synctera, which aims to serve as a matchmaker for community banks and fintechs, has raised $33 million in a Series A round of funding led by Fin VC.
SoFi, which went public via a blank-check company run by Chamath Palihapitiya, closes its first day of trading up 12.41%
TrendForce report: the combined revenue of the top 10 foundries, which make silicon wafers for semiconductors, reached a record-high of $22.75B in Q1 2021
A new report shows that in the face of unprecedented demand, chip manufacturers are increasing the price of wafers, leading to exceptional revenues across the industry.
Locus, which uses AI to help businesses map out their logistics, raises $50M Series C led by Singapore's GIC, source says at a $300M valuation
Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to expand its presence.
Q&A with Spotify's chief legal officer Horacio Gutierrez on its problems with Apple, potential fixes, the Epic vs Apple lawsuit, EU vs US policy, and more
Shippo, a shipping software and services startup, raises $50M led by Bessemer at a $1B valuation
- Startup roughly doubled valuation from earlier this year — $50 million comes from existing investors led by Bessemer — Shipping startup Shippo is now valued at $1 billion amid a boom in e-comme...
Nvidia GeForce RTX 3080 Ti review: very quiet, ideal for 1440p and 4K gaming, and DLSS is great, but expensive at $1,199, runs hot, and has a clunky adaptor
Tom Warren / The Verge :
Amazon quietly changed its terms of service to let customers file lawsuits against it, after facing over 75K arbitration demands from Echo users
AMD says the infotainment system inside the new Tesla S and X models include an AMD Ryzen chip and discrete RDNA 2 GPU, capable of playing AAA games
A Pentagon audit from May cleared the use of two DJI drones built for government use, after the Interior Dept. grounded its fleet of China-made drones in Jan.
the Pentagon now says they're safe David MacQuarrie / DroneDJ : Pentagon audit clears at least two DJI drones Matt O'brien / Associated Press : Gov't use of Chinese drones in limbo as Congress weighs ...
Samsung and AMD are collaborating to build Exynos mobile chips featuring RDNA 2 graphics that will support ray tracing and variable rate shading
A draft EU proposal, set to be unveiled Thursday, details a plan for European Digital Identity Wallets, letting citizens access services across the bloc
- European Digital Identity proposal to be unveiled on Thursday — Digital wallet will offer access to services across the bloc
Bitcoin miners in Argentina are capitalizing on government-subsidized electricity, as foreign currency exchange rules that ban buying USD make crypto attractive
LinkedIn data shows Austin is the top beneficiary of tech-related migration in the past 12 months, followed by Nashville; Miami was #11 by net migration rate
London-based Divido, a marketplace for lenders that offers B2C and B2B financing to customers at checkout, raises $30M Series B led by HSBC and ING
Natasha Lomas / TechCrunch :
Pinwheel, which provides an API to help clients like neobanks connect to payroll systems, raises $20M Series A led by Coatue
One of the most strategically important financial relationships for neobanks is becoming the account destination for a user's paycheck.
Celonis, which helps companies run their business processes entirely on data and intelligence, raises $1B Series D, at a post-money valuation of $11B+
Alex Konrad / Forbes :
Project44, which helps companies track shipments and spot supply chain issues, raises $202M Series E at a $1.2B post-money valuation, says it just hit $50M ARR
Jeeves, which is building tools to help startups manage expenses, announces a $26M Series A led by a16z, $5M seed, and $100M in debt financing
Mary Ann Azevedo / TechCrunch :
How Twitter, which partnered with India's BJP on an e-governance tool, ended up in BJP's crosshairs as the party went on the defensive against online criticism
by @NilChristopher & @_meher
HPE reports Q2 revenue of $6.7B vs estimates of $6.6B, net earnings of $259M, up from a net loss of $821M YoY, and Intelligent Edge rev. of $799M, up 20% YoY
Jon Swartz / MarketWatch :
Munich-based on-demand mass transportation service FlixMobility raises $650M Series G, as a mix of equity and debt, at a $3B valuation
Ingrid Lunden / TechCrunch :
Guild Education, a learning marketplace that pairs employees with employer-sponsored programs, raises $150M Series E at a $3.75B valuation
Natasha Mascarenhas / TechCrunch :
Venn, which offers social networking tools to urban apartment building landlords, raises $60M Series B led by Group 11, bringing its total raised to $100M
Ingrid Lunden / TechCrunch :
Spiff, which offers a no-code tool that helps businesses automate sales commission payments, raises $46M Series B led by Lightspeed Venture Partners
Paul Sawers / VentureBeat :
San Francisco-based ElectroNeek, which offers companies robotic process automation software, raises $20M Series A led by Baring Vostok, at a $100M valuation
Kyle Wiggers / VentureBeat :
Red 6, which is developing an AI-powered AR system for airborne military combat training, raises $30M Series A led by Snowpoint at a $130M post-money valuation
Nat Rubio-Licht / Los Angeles Business Journal :
Cognigy, which offers a low-code conversational AI platform for businesses to create text and voice virtual agents, raises $44M Series B led by Insight Partners
Ingrid Lunden / TechCrunch :
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.