AGs from 36 states and DC file an antitrust suit against Google, targeting Play Store's practice of making devs use its billing system and charging a commission
The lawsuit filed in California federal court is the third by state attorneys general to target the company for alleged antitrust violations.
Google says antitrust suit by 37 AGs targeting Google Play is “meritless” as it ignores Android's openness to allow competing app stores and sideloading of apps
We built Android to create more choices in mobile technology. Today, anyone, including our competitors …
Book excerpt shows how Zuckerberg and Sandberg's partnership deteriorated during the Trump era, as Zuckerberg increasingly made the biggest policy decisions
The company they built is wildly successful. But her Washington wisdom didn't hold up, and neither did their close working relationship.
Trump's lawsuits that claim Facebook, Twitter, and YouTube violated his First Amendment rights are just PR and fundraising tools, and likely legally doomed
One member of this class action is not like the others — Former President Donald Trump announced himself on Wednesday …
A Dutch security researcher group says it had notified Kaseya in April about one of the flaws that was exploited in the devastating ransomware attack last week
President Biden is meeting officials to discuss recent attacks, including latest affecting hundreds of organizations around the world
Donald Trump sues Facebook, Twitter, and YouTube, as well as Zuckerberg, Dorsey, and Pichai, claiming the companies have violated his First Amendment rights
Taking on Big Tech ‘censorship’ can be a winning argument even if it loses in court. Mat Smith / Engadget : The Morning After: Trump announces lawsuits against Facebook, Twitter and YouTube BBC : Trum...
Crypto financial services company Circle says it is going public via a SPAC merger at a $4.5B valuation
The deal values Circle at $4.5 billion. — Circle is going public in a deal that values the crypto financial services firm at $4.5 billion, the firm said Thursday.
Zomato prices shares at $0.96-$1.02 for its IPO in India that opens on July 14, seeking to raise $1.3B at valuation of about $8B
Zomato Ltd. is seeking a valuation of up to Rs 60,000 crore as the food ordering and delivery platform looks to raise capital for expansion.
Visa partners with 50+ crypto firms, including Coinbase, to let users convert and spend crypto and says $1B+ was spent via crypto-linked Visa cards in H1
- Visa is partnering with over 50 crypto companies to allow clients to spend digital currencies. — This means clients can buy …
Qualcomm and Asus partner to launch the “Smartphone for Snapdragon Insiders”, a $1,499 handset with Snapdragon 888, a glowing Snapdragon logo, and more
The Asus-made phone will showcase features that Qualcomm has been promoting but hasn't added to other prominent devices in the US.
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2
- Simo will succeed Instacart founder Apoorva Mehta on Aug. 2, and Mehta will transition to executive chairman of the board.
WeChat has abruptly deleted dozens of accounts of LGBTQ+ student groups and NGOs across China, citing rules violations without providing further details
Fu Ting / Associated Press :
Robinhood's IPO filing shows 81% of Q1 revenue came from payment for order flow, an oft-scrutinized practice that could potentially be banned by the SEC
The practice provided 81% of the online brokerage's first-quarter revenue — Robinhood Markets Inc. is on a collision course …
NFL and Twitter renew their content partnership with the NFL making a full-season commitment to produce over 20 Twitter Spaces audio chats with players
The NFL and Twitter have renewed their content partnership — which dates to 2013 — and are now kicking their collaboration into live audio.
Sources: Google is acquiring Japanese cashless payment company pring for between $180M-$270M, with plans to offer fintech services in the country next year
US tech major's acquisition of cashless payment startup heralds more competition — TOKYO — Google is making a foray …
OnePlus confirms the OnePlus 9 and 9 Pro throttle many popular apps to improve battery life, after investigations found uneven throttling across apps/benchmarks
Kishan Vyas / XDA Developers :
Clearco, which provides non-dilutive, revenue-based financing to internet startups, raises $215M Series C extension from SoftBank Vision Fund 2
Clearco, which provides non-dilutive, revenue-based financing to internet startups, has raised $215 million in a Series C extension from SoftBank Vision Fund 2.
Research: fintech companies globally raised $54.1B between January and June, more than total raised in the two previous years
Fintech companies based in London raised more funding from venture capital investors in the first six months of 2021 than in any other year …
S-1: Robinhood's crypto brokerage expects to pay a $10M+ settlement to New York regulators for improper cybersecurity and anti-money-laundering practices
ie a regulator embedded in RH's crypto operations 😐 https://decrypt.co/...
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
Global venture capital funding in the first half of 2021 shattered records as more than $288 billion was invested worldwide, Crunchbase numbers show.Tweets:@kateclarktweets,@efosaojomo,@martinsfp,@ton...
Instawork, a marketplace that connects hourly workers with employers, raises $60M Series C led by Craft Ventures, bringing its total raised to $100M
Instawork, a San Francisco, CA-based digital marketplace connecting local businesses with qualified professionals across the U.S., raised $60m in Series C financing.
Twitter says it will “fully comply” with India's new IT rules, has appointed an interim chief compliance officer, and will name a grievance officer by July 11
Bloomberg :
TikTok tests letting US users apply for jobs with video resumes, posted with a #TikTokResumes hashtag; 30+ brands join the pilot including WWE, Shopify, Target
What Could Possibly Go Wrong? Oliver Haslam / iMore : You might get your next job thanks to TikTok's new resumes Tweets: Tanay Jaipuria / @tanayj : The sound you hear is LinkedIn scampering to add sho...
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
Jason Schreier / Bloomberg :
Collaborative document startup Coda raises $100M Series D at a valuation of $1.4B, more than double its valuation from 2020
In the battle for the almighty blinking computer cursor, all-in-one doc startup Coda is gaining steam. The startup, which offers customizable and collaborative documents … Tweets: @coda_hq Tweets: Co...
Facebook-commissioned study by Comscore claims that most US iOS and Android users stick with preinstalled apps; Apple says the study is “seriously flawed”
Verizon launches “Verizon Adaptive Sound,” a spatial audio feature available first on new Motorola devices, with support across hardware and streaming services
Chris Welch / The Verge :
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
Dutch challenger bank Bunq raises $228M Series A led by Pollen Street Capital at a $1.9B valuation; Series A is the largest ever for a European fintech company
Romain Dillet / TechCrunch :
A look at the debate over autonomous weapons: 30 countries support a total ban, the US says concerns are overblown, and Russia says such weapons don't yet exist
Gerrit De Vynck / Washington Post : Tweets: @zaknafeindc , @ghostpanther , @thekarami , @chey_cobb , @nils_gilman , @gerritd , @rachaelmyrow , @ylitvinenko , @onekade , @daankayser , @heatherkelly , ...
Planet Labs, which provides satellite imagery data analytics to 600+ customers, plans to go public via a SPAC merger at a post-deal equity value of $2.8B
Michael Sheetz / CNBC : Tweets: @thesheetztweetz , @jaycuthrell , @thesheetztweetz , and @timoreilly Tweets: Michael Sheetz / @thesheetztweetz : dMY CEO @NiccoloDeMasi on @SquawkStreet: “While there ...
Mozilla's crowdsourced study about YouTube over a 10-month period finds 71%+ videos flagged as objectionable by participants were recommended by YouTube itself
Indian social commerce startup DealShare raises $144M Series D led by Tiger Global at a $455M post-money valuation
Manish Singh / TechCrunch :
Inside a GlobalFoundries chipmaking plant in upstate NY, filled with $10B worth of machinery, detailing the three-month, 700-step chip manufacturing process
and expensive — pieces of equipment in the factory are the lithography machines that print the intricate designs on the wafers. The Malta plant has 20 of those; each costs roughly $100 million.” https...
Report: India has over a thousand funded startups and ten unicorns in the SaaS sector, generating as much as $3B in annual subscription revenues
Saritha Rai / Bloomberg :
Indian startup Teachmint, which lets teachers create their own virtual classes using its mobile app and video infrastructure, raises $20M led by Learn Capital
Manish Singh / TechCrunch :
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
Filing: Xiaomi will raise around $1.2B via a debt issuance; the money could go toward Xiaomi's international push as well as new areas like electric vehicles
Arjun Kharpal / CNBC :
Instagram's shift away from being a photo-sharing app fits within its broader continuous evolution, from photo filtering tool to network to Stories and beyond
Intellimize, which uses AI to optimize websites to help marketers drive conversions, raises $30M Series B led by Cobalt Capital
Kyle Wiggers / VentureBeat :
How activists and fraudsters are evading facial recognition, including by using face masks and paint and combining multiple faces to form a new identity
French startup Younited Credit, which takes a data driven, AI-based approach to offering credit, raises $170M led by Goldman Sachs
Romain Dillet / TechCrunch :
Massachusetts-based Silk, which builds tools to improve database performance, raises $55M led by S Capital, bringing its total raised to $294M+
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
r2c, which is developing SaaS tools based on the Semgrep open source project, raises $27M Series B led by Felicis
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.