Kylie Jenner and Kim Kardashian post Stories sharing a petition to “Make Instagram Instagram Again” and “stop trying to be TikTok” that has 100K+ signatures
- Kylie Jenner and Kim Kardashian called on Instagram to “stop trying to be TikTok” on Monday.
Sources: before its probe into alleged insider trading, the SEC started probing whether Coinbase improperly let Americans trade digital assets; stock drops 15%+
Coinbase Global Inc. is facing a US probe into whether it improperly let Americans trade digital assets that should have been registered …
Amazon plans to raise its annual Prime subscription prices across Europe by up to 43% on September 15, citing “increased inflation and operating costs”
Amazon.com Inc (AMZN.O) will raise fees for its delivery and streaming service Prime in Europe by up to 43% a year …
Facebook's TikTok-like redesign marks the end of a social networking era centered around friends and a move toward algorithmically sorted content from strangers
Mark last week as the end of the social networking era, which began with the rise of Friendster in 2003, shaped two decades of internet growth …
Amazon UK plans to raise its Prime subscription price by £1 to £8.99 per month and by £16 to £95 per year on September 15, the first increase since 2014
Sarah Butler / The Guardian :
Apple settles a patent case with Koss, which in July 2020 alleged that Apple's AirPods violate five of Koss' patents; the terms of the deal were not disclosed
Apple Inc. dodged a patent-infringement trial over its AirPods after reaching an agreement with headphone maker Koss Corp. to settle the case.
Responding to criticism, Adam Mosseri says Instagram's full-screen update is “just a test” that is “not yet good” and the platform is shifting to video
- Instagram head Adam Mosseri shared a video on Twitter Tuesday explaining recent changes to the social media platform.
Instagram's new TikTok-inspired UI, which has rolled out to some users, lifts some dark patterns from TikTok, like no longer letting users quickly mute videos
Devin Coldewey / TechCrunch :
UK CMA's publishes its report into music streaming services, saying the market is dominated by major players but this is not “currently causing consumers harm”
The music streaming market dominated by a handful of major players is giving consumers a fair shake …
Memo: Shopify plans to cut around 1,000 workers, or 10% of its global workforce, citing consumers pulling back from online shopping; SHOP drops 14%+
CEO Tobi Lütke says company made wrong bet on pandemic-fueled boom in e-commerce growth lasting — Shopify Inc. SHOP -16.29%▼ …
Binance CEO Changpeng Zhao sues Bloomberg Businessweek's Hong Kong publisher for defamation, claiming a June 23 profile depicted him as running a “Ponzi scheme”
It's not the first time Zhao and Binance have sued the media. — Binance CEO Changpeng Zhao …
As Mark Zuckerberg takes a tough stance on retaining employees during a weekly Q&A, internal surveys show anxiety and unease among employees
As Meta's growth slows, Mark Zuckerberg is pushing even harder. Will his employees melt under the pressure?
Amazon's purchase of One Medical is likely cheaper than unionization would be, and could be used as a tool to fight against unionization of employees
I guess I should say something? … This episode of Out-Of-Pocket is brought to you by... Nabla creates SDKs and APIs …
[Thread] A look at Helium, a network of 500K+ crypto mining hotspots, which raised $365M from a16z and others and generates an estimated $6.5K/month in revenue
.@Helium, often cited as one of the best examples of a Web3 use case, has received $365M of investment led by @a16z. Regular folks have also been convinced to spend $250M buying hotspot nodes, in hope...
Coinbase's post-IPO decision to list “altcoins”, or “shitcoins”, was a reckless shift that led to alleged insider trading and higher risks for retail investors
Max Chafkin / Bloomberg :
France's Eutelsat and UK satellite internet company OneWeb agree to merge in an all-stock deal valuing OneWeb at $3.4B, in a bid to compete with SpaceX
Bloomberg :
The Iran-Israel cyberwar, which has disrupted critical infrastructure and civilian life in both countries, has grown increasingly public in the past two years
Three things to know about the not-so-covert cyber-operations between these two adversaries — Listen — Gift Article Tweets: @jimgoldgeier and @pstasiatech Tweets: Jim Goldgeier / @jimgoldgeier : F...
Spotnana, which offers cloud-based enterprise tools for booking and managing travel, raised a $75M Series B, following a $34M Series A in September 2021
Paul Sawers / TechCrunch :
Meta, Google, Microsoft, and Amazon join the NIST's push to scrap the leap second, which keeps clocks in sync with the Earth's rotation but can cause glitches
so Meta wants to get rid of them Mariella Moon / Engadget : Meta calls for the death of the leap second Ciaran / worthreading : Worth Reading Issue #12 Leigh Mc Gowran / Silicon Republic : Meta and ot...
The NFL launches its NFL+ streaming service, offering a $4.99/month tier and $9.99/month Premium tier with full game replays; NFL+ replaces Game Pass in the US
Lawyers in the Celsius bankruptcy are examining Tether recovering an $840M USDT loan, highlighting an uncertain area of bankruptcy law for crypto companies
Kadhim Shubber / Financial Times : Tweets: @sindap , @kadhim , @bitfinexed , @alexhern , @shortl2021 , @kadhim , @kadhim , @alexhern , @lhm1 , and @kadhim Tweets: Sujeet Indap / @sindap : really inte...
Court filing: Voyager says FTX and Alameda's restructuring proposal is “a low-ball bid dressed up as a white knight rescue” that disrupts its bankruptcy process
Alibaba plans to apply for a primary Hong Kong listing while keeping its NYSE listing, taking advantage of a rule change to attract Chinese tech firms
KPMG: VC investments in China fell to $9.1B in Q2 2022, down from $18.1B in Q1 2022, the lowest quarterly investment since Q4 2014, when $5.5B was invested
Global trends Egidio Zarrella / KPMG : Q2'22 Venture Pulse Report — Asia
Meta launches Music Revenue Sharing to let US creators include licensed music in their 60+ second Facebook videos and earn a 20% share of in-stream ad revenue
Report: Apple, Google, Microsoft, and Amazon have been buying gold that was illegally mined from Brazilian indigenous lands for their products and servers
Filipe Espósito / 9to5Mac :
Sources: US House lawmakers delayed a tentative July 27 vote on a bipartisan bill to curb potential risks posed by stablecoins until at least September 2022
Andrew Ackerman / Wall Street Journal :
Congress plans to vote on a bill to ban firms that sell spyware from working with the US government; experts say the surveillance market will be hard to curtail
Suzanne Smalley / CyberScoop :
Report: Chinese authorities have detained Zhao Weiguo, former chairman and major shareholder of the heavily indebted state-backed chipmaker Tsinghua Unigroup
the latest aggressive billionaire dealmaker to fall foul of Xi's government ... via @ftchina & @caixin https://www.ft.com/... @sreemoytalukdar : “Zhao especially benefited from state support during th...
Internal docs from 2017 show Roblox's plan for expanding into China: censorship compliance, expecting to be hacked and copied by partners like Tencent, and more
Titanium Blockchain Infrastructure Services CEO Michael Stollery pleads guilty to raising $21M through a fraudulent initial coin offering between 2017 and 2018
Cameron Thompson / CoinDesk :
Alibaba's annual report shows the company has removed all Ant Group executives from its partnership and says only its own staff will be able to become partners
Lulu Yilun Chen / Bloomberg :
Creators are forming groups on chat apps like Discord, Geneva, and Telegram, which they say offer a more intimate, community experience than social networks
Sources: Alibaba's US B2B arm, which has been hit by staff departures in its NY office, has slashed its target of signing up 1M SMBs to just 2,000 each year
Financial Times :
The trial of Ahmad Abouammo, once a rising star at Twitter, is underway; he is charged with spying for Saudi Arabia, outing dissidents who likely faced torture
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.
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.