Amazon reports Q2 revenue of $113.08B vs. $115.2B est., net sales grew 27% YoY, net income of $7.8B, and AWS net sales of $14.8B, up 37% YoY; stock down 5%+
SEATTLE—(BUSINESS WIRE) July 29, 2021—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2021.
Snap says it resolved an issue that prevented some Snapchat users from logging in and advises users to manually update the app if the issue persists
Snap resolved an issue preventing users from logging in — Snapchat experienced a massive issue Thursday evening, with more than 125,000 users reporting problems on Downdetector.
A look at the fallout from the Activision Blizzard suit, as the company confirms it fired WoW lead for misconduct last year and hires “union-busting” law firm
Activision Blizzard is in crisis mode. The World of Warcraft publisher was the subject of a shocking lawsuit filed …
In a filing, Amazon discloses that EU privacy regulators levied a record $888M fine for violating GDPR data storage rules in a July 16 decision
- Luxembourg watchdog wields new powers with highest data fine — Fine follows probe based on complaint by French privacy group
Amazon reports Q2 “other” category revenue, which mostly covers its ad business, of $7.9B, up 83% YoY, and subscription services revenue of $7.9B, up 28% YoY
Jill Goldsmith / Deadline :
SEC has stopped processing IPO and other registrations by Chinese companies as it crafts guidance for investors disclosures over China's crackdown
(Reuters) - The U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings (IPOs) …
Binance says it will wind down futures and derivatives trading in Europe, amid regulatory pressure; users will have 90 days to close from a date specified later
Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe …
Researchers detail a never-before-seen attack against Iran's train system and transport ministry from a new threat actor using a reusable wiper called Meteor
SentinelOne analysts were able to recreate the July 9 attack and identify the threat actor behind it.
Source: NSO Group has temporarily blocked several government clients globally from using its technology as the company investigates their possible misuse
Israeli spyware company NSO Group has temporarily blocked several government clients around the world from using its technology …
48 civil rights and advocacy groups ask the FTC to ban corporate facial surveillance technology and continuous corporate surveillance of public space
The open letter uses Amazon as a case study to argue that corporate surveillance technologies cause immense harm and fall under the FTC's authority to ban.
Amazon Kindle devices with built-in 3G won't be able to download e-books via cellular connection in the US starting in December as carriers switch off 2G and 3G
Ian Carlos Campbell / The Verge :
Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B
will users ‘age out’ of the app? Finextra : Robinhood prices IPO at $32bn valuation Timothy Craig / Crypto Briefing : Robinhood IPOs Amid Uniswap Partnership Rumors Crunchbase News : Throw The Confett...
Canada proposes the creation of a digital safety commissioner role to oversee violations of new harmful online content rules and issue penalties to platforms
On this page — Module 1: A new legislative and regulatory framework for social media platforms One Degree : One Degree Friday July 30 2021 Anja Karadeglija / montrealgazette : Federal online harms bi...
Motorola announces the Edge 20, 20 Pro, and 20 Lite for Europe, Latin America, and Asia, coming in August with prices starting from €349.99
Michail / GSMArena.com :
China's crackdown on its tech giants could backfire, leaving Beijing with a seriously damaged consumer sector and slow-growing chip and robotics companies
When a government comes to believe it can snap its fingers and create—or destroy—whole industries at will, things can easily go awry Tweets: @jchengwsj and @hkanji Tweets: Jonathan Cheng / @jchengwsj ...
Google updates Play Store policies to ban apps offering “compensated sexual relationships”, likely impacting sugar daddy dating apps, beginning September 1
Ryne Hager / Android Police :
A look at the development of an Amazon warehouse in Windsor, CT, where the discovery of multiple nooses on site raises questions about Amazon's responsibilities
The discovery of multiple nooses has set off heated debates about the responsibility of companies and the ability of workers to speak their mind. Tweets: @daveyalba , @daveyalba , @kwameopam , @daveya...
Pinterest misses on user growth in Q2, with 454M MAUs vs. 482M est., as revenue beats, with $613M, up 125%+ YoY, vs. $562.1M est.; stock down 20%+
Salvador Rodriguez / CNBC :
China orders 25 tech companies, including Alibaba and Tencent, to do internal inspections to rectify issues from data security to consumer rights protections
Bloomberg :
In an email to creators, audio app Fireside, funded by Mark Cuban, says it is accepting investments through August from anyone who is interested
It hasn't even launched publicly yet — The Mark Cuban-funded and co-founded audio app Fireside has yet to publicly launch … Tweets: @ashleyrcarman Tweets: Ashley Carman / @ashleyrcarman : NEW: mark ...
LinkedIn will let most staff opt for full-time remote work, reversing a policy from last October that would have required in-office work half of the time
Danielle Kaye / Reuters :
Physicists say they used Google's quantum computer to demo a time crystal, which forever cycles between states without consuming energy, for the first time
Like a perpetual motion machine, a time crystal forever cycles between states without consuming energy. Tweets: @nattyover , @mathyawp , @thepatanoiac , @adamscochran , @stshank , and @caseynewton Twe...
Mark Zuckerberg says video now accounts for almost half the time spent on Facebook, and that Reels is the “largest contributor to engagement growth”
Karissa Bell / Engadget :
Twitter announces updates to Spaces which will let users tweet directly from the Space; iOS users will be able to search for live and upcoming Spaces
Karissa Bell / Engadget :
Airtel Mobile Commerce, which offers mobile money services in 14 African countries, raises $200M from the Qatar Investment Authority
Tage Kene-Okafor / TechCrunch :
Neuralink, Elon Musk's brain-computer interface company, raises $205M Series C led by Vy Capital, with GV and others participating
Abner Li / 9to5Google :
More than 90 CEOs, including Cook, Pichai, Jassy, and Zuckerberg, urge Congress to ensure citizenship for Dreamers, after a judge ruled against the program
A look at Turkey's aggressive regulatory stance towards Google, like banning shopping search ads, which some attribute to Erdogan's authoritarian leadership
but maybe not for long Tweets: Luther Lowe / @lutherlowe : Assuming @RekabetKurumu doesn't accept a weak remedy from Google in the months ahead (something they haven't done thus far), we'll soon see i...
How the US and allies, which long pressed China to stop subsidies for favored industries, are now embracing subsidies of their own to fund chip manufacturers
Greg Ip / Wall Street Journal : Tweets: @chadbown , @timaeppel , and @jchengwsj Tweets: Chad P. Bown / @chadbown : The United States and its allies have long pressed China to stop helping favored ind...
Profile of Israeli surveillance startup Paragon, funded with $5-10M from US-based Battery, which sources say allows police to hack encrypted messaging apps
Thomas Brewster / Forbes : Tweets: @jsrailton , @imdrinknwyn , @matthewmspace , @marwasf , @ncweaver , @imdrinknwyn , @jsrailton , @tenacioustek , @imdrinknwyn , @jsrailton , @nixxin , @chey_cobb , @...
MoEngage, a customer engagement service that enables personalization across email, SMS, and more, raises $32.5M, bringing its total raised to $72M+
Kyle Wiggers / VentureBeat :
Faced with rising ransomware risks, companies seeking cybersecurity professionals are paying higher salaries and offering more autonomy
Catherine Stupp / Wall Street Journal :
A job listing shows that Google is considering making Stadia the backend of other “interactive streaming platforms” as a white-label option
Singapore-based Vauld, formerly Bank of Hodlers, a crypto trading and lending service, raises $25M Series A led by Peter Thiel's Valar Ventures
Voiceflow, a Canada-based SaaS platform that lets companies launch their own voice and chat bots, raises $20M Series A led by Felicis Ventures
Merqueo, which operates an online supermarket in more than 25 cities in Colombia, Mexico, and Brazil, raises $50M Series C, bringing its total raised to $85M
Prime Trust, which offers financial services APIs to fintech and digital asset companies, raises $64M Series A
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.