Sources: China plans rule changes requiring Chinese companies to seek approval to list overseas, even if the unit selling shares is incorporated outside China
- Securities regulator working to change overseas listing rules — Change would require VIE firms to get nod to list offshore
Donald Trump says he is suing Facebook, Twitter, and Google, as well as their CEOs, alleging the companies have violated his First Amendment rights
- Former President Donald Trump announced he is suing Facebook, Twitter and Google, as well as their respective CEOs Mark Zuckerberg, Jack Dorsey and Sundar Pichai.
Source: Biden will direct the FTC to draft new right-to-repair rules, with an explicit mention of mobile phone manufacturers expected in the directive
- Order may loosen rules on who can undertake phone repairs — Pentagon contractors, farm equipment also under scrutiny
Sources: state-backed Russian hacking group APT29 breached the RNC last week, possibly via IT provider Synnex; RNC says there's is no indication it was hacked
- Hackers part of ‘Cozy Bear,’ people familiar with matter say — RNC official says ‘no indication’ computer systems hacked
Ubisoft confirms it's developing Assassin's Creed Infinity, an online service with evolving gameplay that expands over time, seeking to emulate Fortnite and GTA
Assassin's Creed, a video game franchise set in huge worlds where each one can take hundreds of hours to complete, is getting even bigger.
A look at synthetic shares of Apple, Amazon, and others, which track the prices of real stocks and are being traded on blockchain projects like Mirror Protocol
- A DeFi ‘Trojan Horse’ finds its way to the stock market — Sounds like ‘investor-protection issue,’ says Themis's Saluzzi
In an attempt to keep ahead of China's regulations, Tencent says it'll use a facial recognition system to prevent minors from playing games late into the night
Shenzhen, China-based gaming giant Tencent has announced it will use a face recognition system to prevent minors in its home country …
Mozilla's crowdsourced study about YouTube over a 10-month period finds 71%+ videos flagged as objectionable by participants were recommended by YouTube itself
For years YouTube's video-recommending algorithm has stood accused of fuelling a grab-bag of societal ills by feeding users …
China's crackdown on its tech giants wiped a combined $823B off their market value since a Feb. peak, with Tencent, Alibaba, and Kuaishou as the biggest losers
- Selling in technology sector seen continuing this quarter — Hang Seng Tech Index has lost 31% from February high
Binance says it will temporarily suspend euro bank deposits from the EU's Single Euro Payments Area network due to “events beyond our control”
Latest block comes after flurry of regulatory pushbacks against crypto exchange — Binance said it will suspend euro bank deposits …
Controversial Israeli facial recognition startup AnyVision raises $235M Series C co-led by SoftBank's Vision Fund 2 and Eldridge Industries
Ingrid Lunden / TechCrunch :
Didi's main app has been removed from Tencent's WeChat messaging service and Ant Group's Alipay
Arjun Kharpal / CNBC :
Nintendo unveils an updated Switch with a larger 7" 720p OLED display, 64GB storage, improved audio, but the same CPU and RAM, on sale starting Oct. 8 for $350
Sotheby's auction house says it will accept bitcoin and Ether at the sale of a 101.38-carat diamond, which could fetch as much as $15M, on Friday
- Pear-shaped flawless gem could fetch $15 million at auction — Bitcoin, Ether will be accepted at Hong Kong sale on Friday
EU's new law will let tech companies scan their platforms for child sexual abuse material for the next three years without fear of violating EU's privacy laws
The European Parliament on Tuesday approved a controversial law that would allow digital companies to detect and report child sexual abuse …
Public records and a 2019 version of its user guide show just how invasive AnyVision's facial recognition software can be; AnyVision's customers include schools
One school using the software saw that a student's face was captured more than 1,000 times during the week Tweets: @evan_greer , @evan_greer , @jessedamiani , @themarkup , and @alfredwkng Tweets: Evan...
Wise begins trading in London direct listing, valuing the money transfer firm at $11B, and launches OwnWise, a program to let users own a stake in the company
- Wise shares opened at £8 a share Wednesday morning, giving the company a market value of £8 billion ($11 billion).
Report: Indian startups raised a record $10.46B in H1 2021, vs. $4B in H1 2020 and $11.6B in all of 2020; India produced 16 unicorns this year
Indian startups have raised a record $10.46 billion in the first half of 2021, up from $4 billion in H1 2020. — A startup founder …
The Pentagon has canceled the $10B JEDI cloud contract that was awarded to Microsoft but faced legal challenges from Amazon, announced new multivendor contract
Analysis: European tech startups raised $73.9B in H1 2021, compared to $108.8B across 2020; European tech IPOs raised $16.1B in 2021, ahead of 2020's $10.2B
- Continent's tech IPOs, deals on track to break records in 2021 — Tech unicorns in Europe are worth $800 billion: GP Bullhound Tweets: @business Tweets: @business : European startups are raising m...
Evernote founder's Mmhmm, a video service that works with Zoom, Teams, and Webex and can add effects to calls, raises $100M led by SoftBank's Vision Fund
When Phil Libin created note-taking app Evernote in 2007, he was making a bet that smartphones would be the next big thing.
Analysis of global venture funding for H1 2021: $288B invested, an all-time high and up by $110B on H2 2020, with most going to late-stage companies
Gené Teare / Crunchbase News :
Some users have reported getting locked out of their accounts at Chime, a “neobank” serving millions, with 920 complaints filed to CFPB since April 15, 2020
Chime, a “neobank” serving millions, is racking up complaints from users who can't access their cash.
Microsoft releases emergency update to patch the “PrintNightmare” vulnerability impacting Windows Print Spooler, which could allow attackers remote PC access
Catalin Cimpanu / The Record :
Kaseya's CEO says between 800 and 1,500 businesses have been affected globally by the ransomware attack centered on Kaseya
Q&A with Rep. Ken Buck, leading Republican behind House's bipartisan antitrust deal, on the new bills, FTC's Facebook case, the GOP caucus, Lina Khan, and more
a party doing real damage to the place I live. This shit is real to me, my family and my community. It's not a goddamned game. Glenn Greenwald / @ggreenwald : As House Republicans vocally denounce Big...
Starting in 2022, Universal and DreamWorks films will stream exclusively on Peacock for the first and last 4 months of the 18-month “pay-one” licensing window
Osso VR, which uses VR simulations to train doctors and other medical professionals, raises $27M led by GSR Ventures
Dean Takahashi / VentureBeat :
App Annie: US Android users spent an average of 24.5 hours on TikTok in May vs. 22 hours on YouTube; in the UK, they spend 26 hours on TikTok and ~16 on YouTube
James Hale / Tubefilter :
Nvidia launches the $100M Cambridge-1 supercomputer in the UK for health care research, says it is the UK's most powerful with 400+ petaflops of AI performance
Dean Takahashi / VentureBeat :
Nextdoor announces that it has agreed to go public via a SPAC sponsored by Khosla Ventures at an implied valuation of $4.3B
Amazon open sources its Lumberyard game engine; the project will be overseen by the Linux Foundation and now be called the Open 3D Engine
Removed instructions for the 3rdParty zip file and downloader URL. James Batchelor / GamesIndustry.biz : Our Machinery plans to “take a significant chunk of the engine market” Amazon Web Services : Bu...
Utah-based Entrata, which develops property management software, raises $507M led by Silver Lake and others, its first raise in its 18-year history
Covering venture capital, software and startups — Can a new CEO, half a billion dollars and the support of some of Utah's … Tweets: @jasonlk and @alexrkonrad . Thanks: @alexrkonrad Tweets: @jasonlk ...
In a court filing, India's government says Twitter has lost its liability protection there since it has failed to comply with IT rules introduced in February
Intel brings back Shlomit Weiss, one of its famed chip architects, to lead all of its consumer chip development and design; Weiss returns to Intel from Nvidia
Paul Alcorn / Tom's Hardware :
Hands-on with New York's Excelsior Pass vaccine passport: low adoption, privacy concerns, persistent technical glitches, and limited use at top leisure venues
Rebecca Chowdhury / MIT Technology Review : Tweets: @techreview , @rebecca_chowd , @techreview , @brianmcc , and @miarsato Tweets: @techreview : New York's vaccine passport now has about 2 million do...
Facebook waiving Bulletin's fees at launch is a classic Silicon Valley tactic used to quash competitors, exemplifying a strategy critics think should be illegal
Will Oremus / Washington Post :
TikTok appears to be testing a Cameo-like feature called “Shoutouts” that lets users buy custom videos from creators, in select regions not including the US
Lauren Strapagiel / BuzzFeed News :
Massachusetts-based Silk, which builds tools to improve database performance, raises $55M led by S Capital, bringing its total raised to $294M+
Kyle Wiggers / VentureBeat :
A look at the future of MGM under Amazon, as the recently reinvigorated Hollywood institution finds its place within Amazon's streaming plans
Y Combinator launches a free co-founder matching service and says only four of the top 100 YC-backed companies came to the program without a co-founder
Unit21, which helps businesses monitor fraudulent activities via APIs and a dashboard, raises $34M Series B led by Tiger Global at a $300M valuation
Mary Ann Azevedo / TechCrunch :
Skedulo, a workforce management and scheduling service for “deskless” mobile employees, raises $75M Series C led by SoftBank Vision Fund 2
Paul Sawers / VentureBeat :
Juni, a neobank catering to e-commerce and online marketing companies, raises $21.5M Series A co-led by partners from DST Global and Felix Capital
Ingrid Lunden / TechCrunch :
Outbrain, which filed for an IPO last week, raises $200M from Boston-based hedge fund Baupost Group
Romain Dillet / TechCrunch :
Facebook partners with Liquid to lay 1,243 miles of fiber in the Democratic Republic of the Congo, which will connect to the 2Africa cable in 2024
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.