Square says it's buying Australia-based buy now, pay later service Afterpay for $29B in an all-stock deal, paying a 30% premium on Afterpay's last closing
U.S. fintech company Square Inc (SQ.N) said on Monday it had agreed to purchase Australian buy now/pay later giant Afterpay Ltd …
YouTube trials Premium Lite subscription for €6.99/month, offering ad-free viewing across all major platforms, currently available in Europe
Currently being piloted in parts of Europe — Google is piloting a more affordable premium subscription tier for YouTube …
A now-deleted tweet by an Intel executive suggests Thunderbolt 5 could double the bandwidth of existing Thunderbolt 4 and USB 4 connections to 80 Gbps
An executive visiting various research divisions across the globe isn't necessarily new, but with a focus on social media driving named individuals …
Female journalists and activists share how they were targeted and harassed by authoritarian regimes through hack-and-leak attacks using the Pegasus spyware
Ghada Oueiss, a Lebanese broadcast journalist at Al-Jazeera, was eating dinner at home with her husband last June when she received …
Pro-Trump social network GETTR is awash with Islamic State propaganda, including graphic videos of beheadings and memes of a militant executing Trump
GETTR, the new platform started by members of the former president's inner circle, is awash with beheading videos and extremist content.
Square reports Q2 revenue of $4.88B, up 143% YoY; Cash App's bitcoin yearly revenue was $2.72B, up 200%, as Square's bitcoin holdings had a $45M impairment loss
Cash App's bitcoin gross profit rose to $55 million, Square said in its Q2 letter to shareholders.
Researchers say a collection of nine vulnerabilities impact pneumatic tube systems installed in ~80% of all major US hospitals
Details have been published today about a collection of nine vulnerabilities known as PwnedPiper that impact common a type of medical equipment that's installed …
Estonian ride hailing startup Bolt, formerly known as Taxify, raises $713M at a ~$4.75B valuation, led by Sequoia, Tekne, and Ghisallo
- Estonian ride-hailing start-up Bolt has raised $713 million in fresh funding to push into the rapidly-growing online grocery delivery industry.
New York City Council passes five bills aimed at reducing the power of food delivery platforms, including extending a cap on restaurant commissions to Feb. 2022
New bills passed in New York City could curb some appeal of companies like Grubhub, DoorDash and Uber Eats
Filings: Starlink has secured a license to build a satellite ground station on the Isle of Man, aiming to provide “blanket coverage” across Great Britain
- Elon Musk's Starlink will seek to provide high-speed internet across Great Britain, the Telegraph first reported. Source: Telegraph .
Filings: Larry Page and Sergey Brin have sold a combined $1B+ in Google stock since May 2021, the most since 2017; Google's share price has since tripled
- Google founders and majority stakeholders Larry Page and Sergey Brin have sold more than $1 billion worth of stock combined since May.
Following the UK's CMA, European Commission is launching an investigation into Facebook's acquisition of Kustomer with a deadline of December 22 for a ruling
- EU sets Dec. 22 deadline to examine customer-service software — EU will also examine Facebook's ad-targeting “data advantage”
Investigation: in the last five years, six EU academic institutes received tens of millions of pounds in funding from Google, Facebook, Amazon, and Microsoft
The search giant has provided tens of millions of pounds of funding to academics investigating issues closely related to its business model. Tweets: @ggreenwald , @jerrysaltz , @randfish , and @ggreen...
Report: Facebook, Twitter, Instagram, YouTube, and TikTok failed to act on 84% of posts spreading anti-Semitism reported via their own complaint systems
Social media companies are failing to act on antisemitism. — Jerusalem Post : Social media platforms fail to address antisemitism - ADL report Donald H. Harrison / San Diego Jewish World : ADL Gra...
Non-VC funds invested in a record 42% of tech startup funding deals in Q2 2021; H1 '21 US startup funding was $150B, with FY 2021 on pace to double 2020's total
Hedge, mutual and pension funds are investing heavily, leading to higher valuations and more leverage for company founders Tweets: @mims , @heathersomervil , @timcohn , @jontreble , @amyssorrells , @s...
Fashinza, a B2B marketplace for apparel manufacturing, raises $20M Series A from Accel, Elevation Capital, and others
B2B manufacturing marketplace Fashinza on Monday said it has raised $20 million (about Rs 148.6 crore) in funding from investors, including Accel Partners, Elevation Capital and actress Sonam Kapoor A...
Sources: FTC's lead economics expert in its antitrust case against Facebook, Carl Shapiro, has parted ways with the agency as it prepares to refile its case
Economics consultant Carl Shapiro, who hasn't commented on why he left the case, has a history of ideological differences with agency Chair Lina Khan. Tweets: @florianederer , @leah_nylen , @politico ...
Italy's Lazio region, which surrounds Rome, says hackers have shut down its IT systems used to manage COVID-19 vaccinations
Stephen Jewkes / Reuters :
Analysis: Nigeria is second only to the US in bitcoin trading volume, hitting $2.4B in May from $684M in Dec. 2020, as the government tries to curb its use
Emmanuel Akinwotu / The Guardian :
London-based Kuda, which offers mobile-first banking services in Nigeria, raises $55M Series B at a $500M valuation co-led by Valar Ventures and Target Global
a figure it revealed when announcing its Series A of $25M https://techcrunch.com/... Otunba / @oba_kinbo : Congrats @kudabank! Oya now time to start adding on useful services like @RevolutApp! 💪🏽 http...
Zoom agrees to pay $85M and bolster its security practices to settle a class action lawsuit over alleged user privacy violations and Zoombombing
Jonathan Stempel / Reuters :
Bangalore-based online learning startup Unacademy raises $440M led by Temasek at a $3.44B valuation
Manish Singh / TechCrunch :
Matrixport, led by Bitmain founder Wu Jihan, which offers crypto financial services, raises $100M+ Series C, and says a second tranche is to come
Two Years After its Founding Andrew Asmakov / Decrypt : Matrixport Joins Growing List of Crypto Unicorns After $100M Investment Gladis Monteiro / Coinspeaker : Matrixport Becomes Unicorn in Just Two Y...
Tire maker Bridgestone acquires Azuga, a San Jose-based company that offers vehicle fleet tracking, including GPS and dual-facing dashcam setups, for $391M
All the sessions from Transform 2021 are available on-demand now. Watch now. — Bridgestone Americas today announced that it has acquired Azuga …
Robinhood says 301,573 users participated in its IPO, representing about 1.3% of its 22.5M funded accounts as of June 30
Marie Beaudette / Wall Street Journal :
Mixlab, which lets veterinarians prescribe and deliver medications to pet owners, raises $20M Series A led by Sonoma Brands
Christine Hall / TechCrunch :
Profile of Bored Ape Yacht Club, an NFT collection that sold for $2M+ in April, spawned a collector community, and has since seen ~$100M in trading activity
Indian online insurance aggregator Policybazaar files for IPO, seeks to raise $809M and says it may raise about $100M in a pre-IPO round
Manish Singh / TechCrunch :
Profile of Netflix's head of movies Scott Stuber, who has grown original film output from 21 in 2016 to 70+ in 2021, as it makes deals with Spielberg and others
Brent Lang / Variety : Tweets: @2old2guard , @discussingfilm , @adequateemily , @cavillclarke , @erikdavis , @ljwr_ , @getfandom , @variety , @raminsetoodeh , and @dfriend See also Mediagazer Tweets:...
A look at technology's role in professional surfing, as ML-based wave forecasting and biomechanics data help improve riders' performance and prevent injuries
As surfing completes its first-ever Olympic ride, the sport is poised for another sea change thanks to artificial intelligence and big data. https://www.wsj.com/... via @WSJ Daniela Hernandez / @danie...
Current and former employees at German grocery delivery startup Gorillas describe arbitrary firings and exploitation of riders and warehouse workers
“It's like the new WeWork story,” says Ben*, who joined Gorillas' operations team last summer in Berlin. — The comparison to coworking company WeWork is a brutal one. Tweets: @siftedeu , @fpratty , ...
SPACs are being forced to fund deals with more expensive financing, like issuing convertible bonds, due to cash from institutional investors drying up
Financial Times :
Nozomi Networks, which aims to shield critical infrastructure from cyberattacks, raises $100M Series D led by Triangle Peak Partners as it prepares for an IPO
Carly Page / TechCrunch :
Snoop, which uses open banking and analytics to help customers manage their money, raises £15M Series A at a post-money valuation of £47M
Dan Taylor / Tech.eu :
Some K-pop stars are bypassing Twitter and Facebook to create platforms for fans, like Universe, which features AI-generated voice calls with the idols
Stitch / The Verge : Tweets: @gavinsbaker , @roburaibu , @stitchmediamix , @marshawright , @researchbts , @fansumption , @pauljholden , and @verge See also Mediagazer Tweets: Gavin Baker / @gavinsbak...
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.