Sources: Microsoft to buy Israel-based CyberX, which develops security products for IoT and industrial systems, for $165M; CyberX has raised $48M to date
The U.S. software giant is expected to pay $165 million for the internet of things cybersecurity platform company Tweets: @karolcummins Tweets: Karol Cummins / @karolcummins : Microsoft to Buy Israeli...
House Judiciary Committee demands Jeff Bezos testify at a hearing on Amazon's alleged misuse of third-party seller data or face a potential subpoena
Dems & Republicans on the House Judiciary have sent a letter to Jeff Bezos insisting that he testify. The letter says that Amazon appears to have “exploited its role” to harm competition & appears to ...
Sources: Intuit is nearing a deal to buy personal finance portal Credit Karma for about $7B in cash and stock; the deal could be announced as soon as Monday
Acquisition would be Intuit's largest ever and the first sizable transaction under CEO Sasan Goodarzi Tweets: @cararlombardo , @carnage4life , @bsteverman , @chriszeoli , @cararlombardo , @semil , @aa...
Court docs: Facebook execs discussed a plan in 2012 to cut off access to user data for developers seen as future rivals while pushing a user privacy narrative
to no avail Sebastian Klovig Skelton / ComputerWeekly.com : Lawmakers study leaked Facebook documents made public today Adrian Potoroaca / TechSpot : Court filings show Facebook leveraged its data pol...
How TikTok users are supplanting the traditional functions of record labels, like talent scouting and publicity, for new artists
Alyssa Bereznak / The Ringer : Tweets: @jeremysliew , @alyssabereznak , @jeremysliew , @peterpham , and @karolcummins See also Mediagazer Tweets: @jeremysliew : “@suecothechild has been making music ...
Source: Bytedance spent ~$1B advertising TikTok in 2018, heavily promoting its short video app on Facebook and Instagram, and becoming Snap's biggest advertiser
China's first big hit in the U.S. uses an advanced algorithm to personalize its video-sharing app, and parent Bytedance's enormous ad spending … Tweets: @jeremysliew , @mtatsis , @peterpham , and @kar...