Ex-Facebook integrity member says articles on Haugen leaks are based on internal posts and comments, making it hard to assign credibility as names are redacted
A former integrity worker on Facebook's internal “posting culture” and why it's easy to misread the Haugen leaks
Frances Haugen's documents have been useful to the press and groups opposing Facebook, but reporting should now expand to examine Haugen and her backers' goals
> regulators —> legislation, we're not going to get the outcome we're hoping for. 7/n Joe Bak-Coleman / @jbakcoleman : My concern is that we're going to address “move fast and break things” with “regu...
Microsoft reports overall gaming revenue of $3.6B in Q1, up 16% YoY, with hardware revenue up 166% YoY on continued demand for Xbox Series X and S consoles
Microsoft's overall cloud revenue has jumped by 31 percent — Microsoft posted the first quarter of its 2022 financial results today …
Alphabet reports Q3 revenue of $65.1B, up 41% YoY, net income of $18.9B, up from $11.2B YoY, Google Cloud revenue of $5B, up from $3.4B YoY
Amid harassment fallout, Blizzard says it will pause plans for next year's BlizzCon event to focus on supporting its teams and game development
Feb. show nixxed in favor of “supporting our teams and progressing development...” — Following an online-only BlizzCon earlier this year … Source: Blizzard News .
Microsoft reports Q1 revenue of $45.3B, up 22% YoY, net income of $20.5B, up 48% YoY, Azure revenue up 50% YoY, and LinkedIn revenue up 42% YoY
Steve Clarke / Microsoft :
FCC orders China Telecom Americas to stop providing services in the US within 60 days, says the US unit is subject to Chinese government control and influence
China Telecom Americas ordered to stop providing service in US within 60 days. — The Federal Communications Commission today voted … Source: Federal Communications … .
Sources: FTC staff are investigating whether Frances Haugen's documents show Facebook violated a 2019 privacy settlement, which resulted in a $5B fine
Lawmakers want agency to determine if Facebook engaged in deceptive conduct; company says internal research is mischaracterized
Adobe announces Photoshop and Illustrator web apps to improve collaboration, make quick edits, and more
Adobe has announced that it's taken “a major step forward for collaboration” by bringing its Photoshop and Illustrator apps to the web. The idea is not to do let you do complex work from a web page …...
Instagram rolls out link stickers to everyone, expanding on verified and high-follower accounts
They can add links in Stories posts but not your feed — Instagram's link stickers, which let you include hyperlinks in Stories in the form of stickers, will now be available to everyone on the platf...
Alphabet reports traffic acquisition costs of $11.50B, vs. $11.16B expected, and YouTube had a record $7.2B in Q3 ad revenue, up from $5B in Q3 2020
Jennifer Elias / CNBC :
Microsoft sets a goal of reducing data center water consumption by 95% by 2024, building on broader 2030 climate commitments
It's turning to new technology to cool servers without using water — Microsoft ramped up its commitments today to conserve water and energy in its data centers … Source: The Official Microsoft Blog ...
A look at efforts by countries, including the UK, EU, Japan, and China, and companies, such as Facebook and YouTube, to implement age verification checks
To protect children online, more companies and governments are forcing users to prove how old they are.
Alphabet's “Other Bets” had a Q3 operating loss of $1.29B, up from $1.1B YoY, on revenue of $182M primarily generated by Verily and Fiber, up from $178M YoY
Alphabet today announced Q3 2021 earnings with $65.11 billion in revenue. These numbers range from July to September …
Spotify reports Q3 revenue of $2.9B, up 27% YoY; MAUs rose 19% YoY to 381M as Premium users rose 19% YoY to 172M; ad sales rose 75% YoY to $374M; stock up 6%+
Spotify posted double-digit gains for overall monthly users and paid subscribers for the third quarter of 2021, in line with expectations … Source: Spotify .
Biden names Jessica Rosenworcel to officially lead the FCC, nominates Gigi Sohn as third Democratic commissioner, but it's unclear if Senate will confirm soon
On the surface — and maybe this is close to how the company wants … Diana Goovaerts / FierceTelecom : Biden taps Rosenworcel, Davidson to fill key telecom posts at FCC, NTIA Ben Brody / Protocol : Bid...
Interview with Mike Clark, AMD's Chief Architect of Zen, on the history Zen and Ryzen branding, x86 limitations, future design considerations, and more
AMD is calling this time of the year as its ‘5 years of Zen’ time, indicating that back in 2016, it was starting to give the press … Tweets: @techepiphany and @suhail . Thanks: @anandtech Tweets: @tec...
Snap says it has 100M MAUs in India and partners with Flipkart, Zomato, and others to boost e-commerce offerings
Bengaluru: Snap Inc., which houses Snapchat, has hit 100 million monthly users in India for the first time, the US-based company announced on Wednesday adding …
AWS launches EC2 instances powered by AI accelerators from Intel's Habana, claiming 40% better price-performance to train ML models over last-gen GPU instances
Amazon Web Services (AWS), Amazon's cloud services division, today announced the general availability of Elastic Compute Cloud (EC2) DL1 instances. Source: About Amazon .
Docs: Facebook tested turning off News Feed ranking for 0.05% of users in Feb. 2018 and found engagement dropped, Groups content rose, and ad views increased
In Senate hearing, TikTok dodges questions about its plans for biometric data collected from US users, after changing its terms of use to allow the practice
Sarah Perez / TechCrunch :
Israeli venture capital platform OurCrowd raises $25M from SoftBank Vision Fund 2; PitchBook says OurCrowd has invested in 280+ companies and 30 funds
The Israeli venture capital platform will also enter into a strategic partnership with SoftBank Investment Advisers to consider investment opportunities
New York-based Extend, which helps financial institutions offer virtual cards, raises a $40M Series B led by March Capital
We've written a lot about fintechs that aim to help other fintechs and traditional banks launch products and services. — But it feels like we have written far less …
Intel launches its 12th-gen Alder Lake chips, led by the flagship Core i9-12900K CPU with 16 cores for $589, shipping November 4
A new era for Intel begins — Intel's 12th Gen Alder Lake chips have finally arrived, ushering in a new era of the company's chips, lead by the flagship Core i9-12900K CPU …
Fellow, which offers meeting management tools, raises a $24M Series A led by Craft Ventures, bringing total funding to $30.5M
As more people venture back into the office, meetings have become more hybrid, with people at both home and in the office. Fellow aims to help managers …
Interview with FTC Chair Lina Khan on leading the agency, its regulatory failures and avoiding future missteps, Facebook, Amazon, Alphabet, and more
Lina Khan was an associate professor at Columbia Law, working remotely from Texas, when she found out that President Joe Biden wanted her on the Federal Trade Commission. Tweets: @kvnweb , @nancyscola...
Microsoft's Intelligent Cloud revenue grew to $16.96B in Q1, up 31% YoY, as Azure and other cloud services revenue grew 50%
Robinhood Q3: revenue of $365M, up 35% YoY but missing estimates of $431.5M due to less crypto trading, net loss of $1.32B, up from $11M YoY; stock down 10%+
Maggie Fitzgerald / CNBC : Source: Robinhood .
Source: Paytm plans to price shares at ~$27.70-$28.70, raising $2.44B and valuing the company at around $20B
Indian digital payments leader Paytm has boosted the size of its initial public offering to 183 billion rupees ($2.44 billion) from 166 billion rupees, as existing shareholders look …
AMD Q3: revenue of $4.31B, up 54% YoY, Computing and Graphics revenue of $2.4B, up 44% YoY, Enterprise, Embedded and Semi-Custom revenue of $1.9B, up 69% YoY
Tiernan Ray / ZDNet : Source: Advanced Micro Devices, Inc. .
London-based Attest, which offers no-code tools for research surveys across 110M participants, raises $60M, bringing total funding to $85M
Surveys have long been used by marketing teams and other business decision makers to learn how customers tick. But they can be costly to put together …
EU opens an investigation into Nvidia's planned Arm acquisition on competition grounds, the latest setback for the deal
Nvidia (NVDA.O) suffered a setback on Wednesday as EU antitrust regulators opened a full-scale investigation into its $54 billion bid for British chip designer ARM …
China's cyberspace regulator says it will strengthen efforts to build a “civilized” internet, using the platform to disseminate party theories
Brenda Goh / Reuters :
Home Depot, Lowe's, Best Buy stop selling Chinese surveillance cameras from Lorex and Ezviz, called out for human rights abuses; Walmart, Costco still sell them
A look at SoftBank's $100M Opportunity Fund for diverse founders, which launched after George Floyd's murder and has invested ~$50M in 60 companies so far
that it's all very much embedded.” https://www.protocol.com/... Thanks: @issielapowsky
Brazilian neobank Nubank files for a US IPO and plans to “negotiate a program of Brazilian Depositary Receipts”; Nubank raised $750M at a $30B valuation in June
TechCrunch :
Senate GOP report: Seagate violated US export rules by continuing to sell hard drives to Huawei after export restrictions were tightened in September 2020
Dan Strumpf / Wall Street Journal :
Gluware, which offers orchestration and automation tools to prevent network outages, raises $43M led by Bain Capital, source says at a $700M valuation
Ingrid Lunden / TechCrunch :
Informatica, which offers enterprise cloud data management tools, raises $841M in its IPO after pricing shares at the low end, valuing the company at $7.9B
Bloomberg :
Workplace productivity and project management service ClickUp raises a $400M Series C at a $4B post-money valuation led by a16z and Tiger Global
In venture capital, conventional wisdom and decades of startup history tell us … Kenrick Cai / Forbes : ClickUp Raises $400 Million At $4 Billion Valuation As Competition Heats Up In Productivity Soft...
Ontra, formerly InCloudCounsel, which offers automated contract management tools, raises a $200M Series B led by Blackstone Growth
Ingrid Lunden / TechCrunch :
Medable, a developer of clinical trial management software, raises a $304M Series D led by Blackstone Growth and Tiger Global at a $2.1B valuation
Christine Hall / TechCrunch :
A look at blockchain-based chat app Friends With Benefits, a Decentralized Autonomous Organization (DAO), which is touted as one of Web3's building blocks
Rent the Runway raises $357M in its Nasdaq IPO, valuing the company at about $1.5B
Bloomberg :
Bangalore-based neobank Zolve, which aims to help immigrants in the US access financial services, raises a $40M Series A at a $210M valuation
Russian IT services and security provider Softline raises $400M in London and Moscow IPOs, valuing the company at about $1.5B
Alexander Sazonov / Bloomberg :
Truepill, which offers telehealth and prescription delivery services, raises a $142M Series D at a $1.6B valuation, bringing total funding to $256M
Christine Hall / TechCrunch :
Israel-based Augury, which uses AI to monitor industrial machine health, raises a $180M Series E at a $1B+ valuation, bringing its total funding to $286M
UserGems, whose AI-based data mapping tech helps companies identify prospective customers for B2B sales, raises a $20M Series A led by Craft Ventures
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.