Ahead of a congressional hearing, Adam Mosseri outlines forthcoming parental controls for Instagram, including monitoring time spent and deleting posts in bulk
Adam Mosseri, the head of the company, is expected to face questions from lawmakers this week about whether social media harms children. Source: Meta .
Microsoft seizes 42 domains allegedly used by a Chinese cyber espionage group that targeted organizations in 29 countries including the US
Microsoft said today that its legal team has successfully obtained a court warrant that allowed it to seize 42 domains used by a Chinese cyber-espionage group … Source: Microsoft On the Issues .
Samsung merges its mobile and consumer electronics divisions into one business unit led by JH Han, and names Kyehyun Kyung as the CEO of its semiconductor unit
The Galaxy-device maker's smartphone and TV divisions will now be run by a single CEO. — Samsung said on Tuesday it has merged …
Sources: a secret deal between Tim Cook and China, brokered in 2016, paved the way for Apple's success by promising to invest $275B+ in the country's economy
Interviews and internal Apple documents provide a behind-the-scenes look at how the company made concessions to Beijing and won key legal exemptions.
Report: the US DOJ has asked Roblox why it changed “games” to “experiences” on its website, and asked Roblox and other developers to clarify the difference
The United States Justice Department is investigating Apple for antitrust issues, and Roblox is an area … Source: The Information .
NFT data shows price differences based on race and gender; the average minimum sale price of darker-skinned male CryptoPunks trails lighter ones
Price differences based on race and gender are emerging among the CryptoPunk NFTs. What do the disparities mean?
Intel plans to take its Mobileye unit public, sources say at a $50B+ valuation; Intel acquired the self-driving car company in 2017 for about $15B
Move could value Mobileye at more than $50 billion, according to people familiar with the matter — Intel Corp. is planning to publicly list shares …
Twitter acquires messaging app Quill, which will shut down and delete all user data on December 11 after launching earlier this year to challenge Slack
In February 9to5Mac reported on the launch of a focus-focused Slack competitor called Quill. Today Twitter is bringing Quill under its wing …
Discord begins testing Premium Memberships, which let creators monetize servers through tiered perks, making channels or servers exclusive to paying users, more
You'll soon be able to subscribe directly to Discord servers — Discord is starting to test a new Premium Memberships feature …
Quantinuum, recently spun off from Honeywell, claims it has created the first quantum-generated encryption key, which can't be predicted
- Company says quantum computing's power improves security — Product to compete against offerings from Amazon, Microsoft
Analysis: users have spent $26.9B+ on NFTs in 2021, most transactions are under $10K, and CryptoPunks is the most popular collection with $3B sales since March
Atomico: European tech startups will raise a record $121B in 2021, up from $41B in 2020, with <1% going to early-stage; 98 unicorns were created in 2021
- Start-ups in Europe are on track to haul in a record $121 billion in funding this year, according to a report from venture capital firm Atomico. Source: State of European Tech 2021 .
Mimecast, which makes email security tools, says PE firm Permira plans to take it private in a $5.8B all-cash deal; Mimecast has been public since 2015
Nine months after competitor Proofpoint was scooped up by Thoma Bravo for $12.3 billion, Mimecast is also going the private equity route.
Hands-on with Snap Spectacles, announced in May: lightweight bold design and impressive AR, but overheating and 30-minute battery shows why these aren't on sale
Mainstream AR glasses are still years away — It doesn't take long to realize why Snap's first true AR glasses aren't for sale.
WhatsApp now lets users set all one-to-one chats to disappear by default after 24 hours, seven days, or 90 days
US investigators traced ransomware payments back to companies in the Moscow skyscraper Federation Tower East, suggesting Russia tolerates ransomware operators
The allure of speculative returns on Web3 is attracting talent, who in turn will create opportunities for more people to earn money by doing what they find fun
More fun making money, and more money having fun … Today's Not Boring is brought to you by... Mosaic Tweets: @jonst0kes , @timrpeterson , @ldrogen , @divine_economy , @startupstella , @packym , @jposh...
An AWS outage that began around 10:45am ET has led to disruptions for many services including Disney+, Tinder, Roku, Coinbase, Cash App, Amazon Music, and Venmo
Amazon says it is working toward a solution — Problems for some of Amazon's AWS cloud servers are causing slow loading …
Rep. Devin Nunes, a close Trump ally and former chair of the House Intelligence Committee, says he will resign to become CEO of Trump Media & Technology Group
Q&A with Julien Codorniou, Meta's outgoing head of Workplace, on expanding into enterprise services, maintaining privacy, the future of Workplace, and more
As a parade of executives have announced plans to leave Meta (formerly known as Facebook), employees know exactly where to look …
Majority, a mobile banking service serving migrants to the US, raises a $27M Series A led by Valar Ventures, six months after its $16M seed round
MAJORITY, a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in its Series A funding round led by Valar Ventures.
An in-depth look at Welshman James Howells' desperate efforts to excavate his local landfill to recover a hard drive with 8,000 bitcoins mined in 2013
For years, a Welshman who threw away the key to his cybercurrency stash has been fighting to excavate the local landfill. Tweets: @newyorker , @andrewmarantz , @grady_booch , @gladstein , and @jtruk T...
White House officials met with Google, AT&T, Cloudflare, Mandiant, and others in Silicon Valley to discuss combating state-sponsored hackers and criminal gangs
As cyber threats from countries like Russia multiply, officials met with corporate executives to pitch their vision for “operational collaboration.”
Study: AI research regularly reuses a small number of ML datasets by a few institutions like Stanford, Microsoft, Princeton, Meta, Google, Max Planck, and AT&T
A new paper from the University of California and Google Research has found that a small number of ‘benchmark’ machine learning datasets … Source: arXiv .
Sources: Thoma Bravo is raising $35B for tech company buyouts; in 2021, the PE firm acquired RealPage for $10.2B and Proofpoint for $12.3B
US-based specialist on a software acquisition binge is raising $35bn for more — The mood was buoyant when private equity executives congregated … Tweets: @antoinegara and @robinwauters Tweets: Antoi...
Incode Technologies, an ID verification and authentication service, raises $220M at a $1.25B valuation led by General Atlantic and SoftBank Latin America Fund
- Identify verification, authentication firm raises $220 million — New valuation represents roughly 10-fold lift over prior mark
Sources: Life360, a family safety app with 33M users, has sold users' precise location since 2016 and is one of the location data broker industry's top sources
family safety app Life360. Life360 sells location data from its 33 million users to about a dozen data brokers, including X-Mode, Safegraph, and Cuebiq. https://themarkup.org/... Wolfie Christl / @wol...
Anyscale, which helps apps run efficiently across distributed infrastructure with the Ray open source framework, raises $100M Series C led by a16z and Addition
The UC Berkeley computer science labs, from which seven academics formed $38 billion data startup Databricks, have minted a second billion-dollar business.
Circle, a community platform where creators can manage content and memberships, raises a $24.7M Series A led by Tiger Global at a $200M post-money valuation
Having a thriving community is the backbone for creators, but when the global pandemic hit, brands also found that they needed similar engagement …
AgentSync, which helps insurance agencies manage broker onboarding, licensing, and compliance requirements, raises a $75M Series B at a $1.2B valuation
Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. — Learning from mistakes …
YouTube publishes its first Copyright Transparency Report, showing H1 2021 had 2.2M+ videos hit with incorrect copyright claims and 729M total copyright claims
Facebook Gaming announces Play with Streamer, letting lets creators invite audience members to join a game, launching alongside Pac-Man Community
Dean Takahashi / VentureBeat :
Microsoft tells its partners that enterprise customers will be charged 20% more for their Office subscriptions if they don't switch to an annual plan in 2022
Jordan Novet / CNBC :
Hummingbird, which sells anti-money laundering tools to banks and fintechs, raises a $30M Series B led by Battery Ventures, bringing its total funding to $41.8M
Hummingbird, which sells anti-money laundering software to banks and fintechs, announced today that it raised a $30 million Series B led by new investor Battery Ventures.
A look at the impact of a COVID-19 outbreak at a STMicroelectronics chipmaking factory in Malaysia, as pressure to increase production overrode safety concerns
exempted from lockdown — kept running while Covid killed workers in Malaysia. A harrowing look at how certain decisions by governments and powerful corporations put workers' lives at risk during the p...
Lyft CFO Brian Roberts, who joined the company in 2014 and took it public, leaves to become CFO at NFT marketplace OpenSea
Lucas Matney / TechCrunch :
Source: Japan's FSA to propose legislation that would let only banks and wire transfer firms issue stablecoins as the country plans a yen-based digital currency
Nikkei Asia :
Liqid, which develops adaptive resource management tools for data centers, raises a $100M Series C from and Lightrock and DH Capital
Tim Keary / VentureBeat :
Autonomous sidewalk delivery company Serve Robotics, which was spun out from Uber-owned Postmates in March, raises a $13M seed from Uber and others
DoorDash shifts from its gig worker model and hires 60 couriers as full-time employees, starting at $15/hour, to launch sub-15-minute grocery deliveries in NYC
Tel Aviv-based Grip Security, which helps companies protect data in SaaS apps, raises a $25M Series A led by Intel Capital
Frederic Lardinois / TechCrunch :
Heap, which automates company analytics by collecting and organizing customer behavioral data, raises a $110M Series D at a $960M valuation
Kyle Wiggers / VentureBeat :
Portland-based Torq, which offers no-code automated security tools, raises a $50M Series B led by Insight Partners
Taylor Soper / GeekWire :
GitGuardian, a real-time monitoring platform that helps enterprises manage data leaks, raises a $44M Series B led by Eurazeo, bringing its total funding to $56M
Kyle Alspach / VentureBeat :
Universe, a mobile-based website builder, raises a $30M Series B led by Addition, and says over 500,000 creators and SMBs have used its sites in the past month
YipitData, which analyzes alternative data for Wall Street and corporate clients, raises up to $475M Series E from Carlyle Group at a $1B+ valuation
Patrick Clark / Bloomberg :
Helsinki-based Enfuce, a card issuing and payments processing service, raises a €45M Series C led by Vitruvian Partners, bringing its total funding to €62M
Hometap, which lets homeowners get cash by taking on an investor in their house, raises $60M led by American Family Ventures, bringing its total funding to $95M
Internal documents: Meta will prioritize selling products directly on Facebook, Instagram, and Messenger in 2022, partially in response to Apple's ATT changes
Ashley Stewart / Insider : Tweets: @ashannstew , @erikgroset , @grahamstarr , @grahamstarr , and @bitech Tweets: Ashley Stewart / @ashannstew : Internal documents show Meta is changing its commerce s...
Blockchain infrastructure technology startup Mysten Labs, founded by four former Facebook crypto engineers, raises a $36M Series A led by Andreessen Horowitz
Salvador Rodriguez / CNBC :
MongoDB reports Q3 revenue of $227M, up 50% YoY, a net loss of $81.3M, up from $72.7M YoY, and Atlas cloud database revenue up 84%; stock up 17%+
WeLab, which offers consumer fintech products across Asia, raises $240M and buys Indonesian commercial bank Jasa Jakarta
Rita Liao / TechCrunch :
London-based Pento, which offers payroll services for SMBs, raises a $35M Series B led by Tiger Global and Avid Ventures, after raising a $15.6M Series A in May
Mary Ann Azevedo / TechCrunch :
Platzi, which offers classes to Latin American professionals on coding, design, and more raises a $62M Series B, says 60% of its students spend $300 annually
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.