China's Sichuan Province closes crypto mines, following Xinjiang, Inner Mongolia, and Yunnan; an estimated 90% of China's mining capacity has now been shut down
reiterating 2017 banking ban Arjun Kharpal / CNBC : China's renewed crypto crackdown wipes $400 billion off the market as bitcoin slides Sean Murray / thegamer.com : Bitcoin Crackdown In China Leads T...
London's mayor says the Underground will have mobile coverage by the end of 2024 across the entire network, with some popular stations by the end of 2022
Popular stations like Oxford Circus, Euston, and Bank will connected by end of 2022 — By the end of 2024, passengers …
Bitcoin drops below $30,000, its lowest level since January 28 after a $64,000 peak in mid-April, as China continues to crackdown on mining
The decline brings the year-to-date gain down to just 3%, according to CoinDesk 20 data. — Bitcoin dipped below the long-held support at $30,000 on Tuesday …
European Commission says it has opened an antitrust investigation into whether Google favors its own display ad tech over rivals
Brussels to examine whether US group broke rules by giving an advantage to its own services — The EU has announced a formal investigation …
Current and former Google execs say the company suffers from both its size and Sundar Pichai's leadership, marked by delayed decisions and raging culture fights
Despite record profits, a number of them are worried that the company is suffering from both its size and leadership from its C.E.O., Sundar Pichai.
After agreeing to be Facebook's first VR ad test partner, Resolution Games says it won't move forward with the test in its paid VR game Blaston
Resolution Games won't be moving forward with a Facebook advertising test in its paid VR game Blaston. — The studio may still consider testing ads in its free fishing game Bait!
UK government says it will test its new national Emergency Alerts system, starting with Android devices today before a smaller, regional iPhone test next week
The U.K. government on Tuesday will perform its first national test of a new Emergency Alerts system, but only Android users …
TikTok launches TikTok Jump to let creators enhance their videos by adding mini-app integrations from select partners including Whisk, Wikipedia, Quizlet, more
TikTok creators may no longer need to add a “link in bio,” at least to certain kinds of content. Today,
Canadian lawmakers pass a controversial bill that would subject tech giants to the same requirements as traditional broadcasters; bill now heads to the Senate
- Move would prioritize Canadian content, echoing broadcast law — But critics say it threatens free speech on user-driven sites
Boston-based Transmit Security, which is building a biometric-based authenticator, raises $543M Series A at a $2.2B pre-money valuation
Transmit Security, a Boston-based startup that's on a mission to rid the world of passwords, has raised a massive $543 million in Series A funding.
CB Insights data: US added 154 new unicorns since October 2020, 67%+ of the global total, while Europe added 25 unicorns, India added 11, and China added just 9
I have previously written about Unicorn Market Cap and Industry towns in 2019 and 2020. Over the last 8 months the number … Tweets: @patrickc , @hkanji , @tanayj , and @akothari Tweets: Patrick Colli...
Q&A with Marc Andreessen on his “It's Time to Build” essay, techno-optimism, Clubhouse and Substack's potential, “Augmented Intelligence”, crypto, and more
Marc Andreessen should need no introduction, but I'll do one anyway. He helped code the first widely …
Elliptic report: US regulators, led by SEC, have levied $2.5B against various crypto projects since 2009, mostly from unregistered securities offerings
A new report from Elliptic shows that the Securities and Exchange Commission (SEC) leads U.S. regulators in monetary penalties against crypto firms by a wide margin.
Tinder announces several features, including support for up to nine videos on profiles and letting unmatched users talk in short bursts before swiping
Tinder is enamored with video. After giving serial daters the — ability to video chat last fall, the app is now letting members add multiple clips to their profile.
Dating app Bumble says it's giving all ~700 employees a “paid, fully offline one-week vacation” in June, recognizing the challenges endured during the pandemic
Bumble CEO Whitney Wolfe Herd has given the dating app's 700 employees this week off as paid vacation in an effort to help with burnout.
Investigation finds Amazon has been destroying thousands of unsold goods at its UK-based Dunfermline warehouse; source says 130K items are destroyed per week
Richard Pallot / ITV :
Survey of 37 tech giants: $3.8B committed to diversity efforts in 2020 and 2021, ~2/3 had made some kind of DEI policy change after the summer 2020 protests
One year after protests against police brutality shook much of the corporate world awake to the problems of racial equity in the workplace …
Google confirms it is replacing its Engineering Residency, aimed at underrepresented participants, after employees said it enforced “systemic pay inequities”
Alphabet Inc's (GOOGL.O) Google plans to shut down a long-running program aimed at entry-level engineers …
Amsterdam-based Mollie, which offers developers plugins and APIs to integrate payments, raises $800M at a $6.5B valuation led by Blackstone Growth
A payments startup whose backend was originally built by the founder while still living with his parents and bootstrapping the company …
How Monero, a cryptocurrency that obscures the sender and receiver, is increasingly being used by ransomware gangs wary of bitcoin's traceability
Untraceable ‘privacy coin’ is rising in popularity among ransomware gangs, posing problems for law enforcement Tweets: @tomhillenbrand , @katie_martin_fx , and @financialtimes Tweets: @tomhillenbrand ...
EU Court of Justice says YouTube and other platforms are not liable for copyright-infringing content uploaded by users under certain conditions
Europe's top court on Tuesday said that Google's (GOOGL.O) YouTube and other online platforms are not liable for copyright-infringing works uploaded …
Facebook rolls out Live Audio Rooms, available to verified public figures and select Groups, and its podcast service, available to select partners, in the US
Sarah Perez / TechCrunch :
Germany's Federal Cartel Office announces an antitrust investigation into Apple's App Store, pre-installed apps, and more
EU member states approve unimpeded data flows between EU and UK, deciding UK's regulations are as good as GDPR, avoiding complex legal paperwork for businesses
The EU has just green-lighted the free flow of personal data with the UK. But if the country now changes its data laws, it could bring an end to the agreement.
Source: Israel-based JoyTunes, which helps users learn guitar and piano using AI, raises $50M at a $1B valuation led by GV
The Israeli startup's revenue in 2020 surged to around $100 million, although the company is still believed to not be profitable. Once that happens …
Berlin-based Myos, which runs an AI-based lending platform for e-commerce merchants, raises €25M Series A led by Fasanara Capital and Xploration Capital
Based out of Berlin, Myos enables fast and flexible financing to prevent retailers from experiencing bottlenecks …
Epic Games says it will offer free voice chat and anti-cheating tools for developers as part of its Online Services suite, compatible with all major platforms
The Verge :
G2, which crowdsources enterprise software reviews and helps paying customers glean insights, raises $157M Series D at a $1B+ valuation
Elevate your enterprise data technology and strategy at Transform 2021. — Business software review marketplace G2 (formerly known as G2 Crowd) …
Washington Democrat Pramila Jayapal says bipartisan antitrust legislation, one of six bills, would force Amazon to sell its logistics division
Bloomberg :
HPE says it has acquired Determined AI, which is developing an open source platform for building machine learning models; terms of the deal were not disclosed
Kyle Wiggers / VentureBeat :
GlobalFoundries says it will spend $4B+ to build a chipmaking plant in Singapore, starting production in 2023, and devote $1B each to its German and US sites
Debby Wu / Bloomberg :
Internal docs: Amazon tries to push 6% of its office staff out of the company each year, calling the loss of low-ranked office workers “unregretted attrition”
the number of underperforming employees who leave each year — only to resume doing so by 2018, per @_katya_long: https://www.seattletimes.com/ ... https://twitter.com/...
Google quietly pushed Massachusetts' MassNotify COVID tracking app to Android phones in the state; after debuting last week, the app has 1M to 5M installs
Ron Amadeo / Ars Technica :
In a draft plan, the EU outlines a Joint Cyber Unit, which would let countries hit by cyberattacks request help, including rapid response teams
Laurens Cerulus / Politico : Tweets: @jamesliamcook , @laurenscerulus , @gazthejourno , and @loumariehsd Tweets: James Cook / @jamesliamcook : As everyone knows, the most effective defense against ha...
DataRails, which offers financial planning and analysis tools that integrate with Excel, extends its Series A by $25M to $43.5M, bringing total raised to $55M
Ingrid Lunden / TechCrunch :
Prosus says the value of its e-commerce portfolio excluding Tencent is worth $39B and had revenue of $6.2B in FY 2021, up 54% YoY, on $429M loss, down 46% YoY
Reuters : Source: Prosus .
A timeline of Google's long list of mostly-defunct messaging apps and services, starting in 2004 with Gmail and progressing to Google Talk, Hangouts, and Allo
the company's latest shot at revamping its messaging strategy into a cohesive whole. So I tried to break down the past 15 years of what Google's tried to make some sense out of it all. https://twitter...
Vienna-based GoStudent, which connects K-12 students with online tutors, raises $244M Series C led by DST Global at a $1.7B valuation
no longer last in class? Ryan Browne / CNBC : Europe's first billion-dollar education start-up is a tutoring site backed by SoftBank, Tencent Charlotte Tucker / EU-Startups : Vienna-based online tutor...
Filing: Amazon has ordered 1,000 autonomous driving systems from self-driving truck startup Plus and acquired the option to buy up to a 20% stake in the startup
Bloomberg :
How North Korean hackers nearly stole $951M from Bangladesh Bank's New York Fed account in 2016, only to be stopped at the last moment after transferring $81M
Revolut says it had $361M in 2020 revenue, up 57% YoY, non-adjusted operating loss reached $277M due to staff costs, and retail customers rose 45% to 14.5M
Romain Dillet / TechCrunch :
Cleerly, whose AI-powered imaging tech aims to provide a more comprehensive view of cardiac health than traditional indicators, raises $43M Series B
Conor Hale / FierceBiotech :
Sources: Shopify is rolling out a service that will let BuzzFeed and other content publishers link to merchants in exchange for a cut of transaction revenue
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.