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Showing posts from August, 2020

OfferUp says it has combined marketplaces with letgo, its former top rival, following OfferUp's acquisition of it earlier this year (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: OfferUp says it has combined marketplaces with letgo, its former top rival, following OfferUp's acquisition of it earlier this year  —  Earlier this year, online marketplace OfferUp raised $120 million and acquired a top competitor, letgo as a part of the fundraise led by letgo's majority investor, OLX Group. https://bit.ly/3jBCeaD

Sources: TikTok has chosen a buyer for its US, New Zealand, and Australian businesses, expected to be for $20B-$30B, and could announce as soon as Tuesday (CNBC)

CNBC: Sources: TikTok has chosen a buyer for its US, New Zealand, and Australian businesses, expected to be for $20B-$30B, and could announce as soon as Tuesday  —  - TikTok has chosen a bidder for its U.S., New Zealand and Australian businesses and could announce the deal as soon as Tuesday. https://bit.ly/2YT5sKu

Kymeta raises $85M led by Bill Gates as it prepares to launch a flat panel antenna for cellular and satellite broadband connections (Todd Bishop/GeekWire)

Todd Bishop / GeekWire: Kymeta raises $85M led by Bill Gates as it prepares to launch a flat panel antenna for cellular and satellite broadband connections  —  Bill Gates is boosting his bet on next-generation satellite broadband technology, leading a new $85 million funding round for Kymeta as the Redmond, Wash. … https://bit.ly/2YRxSo1

Tesla releases new software update to visually detect speed limit signs, and more (Fred Lambert/Electrek)

Fred Lambert / Electrek: Tesla releases new software update to visually detect speed limit signs, and more  —  Tesla has started pushing a new version of its software update to now visually detect speed limit signs, and more.  —  For a while, there has been speculation about to what degree Tesla … https://bit.ly/3julUIV

Okta, which provides identity management service for companies, has been a big beneficiary of remote work during lockdown with its stock rising 106% since March (Nico Grant/Bloomberg)

Nico Grant / Bloomberg: Okta, which provides identity management service for companies, has been a big beneficiary of remote work during lockdown with its stock rising 106% since March  —  - Businesses, schools tap firm's tools to secure online access  — McKinnon stays cautious on outlook as investors seek growth https://bit.ly/2EPum6k

How a law professor became the target of posts on conservative sites, social media harassment, and PR firms hired by gig economy companies, for supporting AB5 (Dara Kerr/CNET)

Dara Kerr / CNET: How a law professor became the target of posts on conservative sites, social media harassment, and PR firms hired by gig economy companies, for supporting AB5  —  Labor activists are targeted in a social media campaign as gig economy companies spend millions to prevent workers from becoming employees. https://bit.ly/3hFKd6g

Walmart sells Shoes.com and Bare Necessities lingerie brand as a part of a broader streamlining of its digital businesses to focus on its main website (Matthew Boyle/Bloomberg)

Matthew Boyle / Bloomberg: Walmart sells Shoes.com and Bare Necessities lingerie brand as a part of a broader streamlining of its digital businesses to focus on its main website  —  - Retailer is offloading Shoes.com and Bare Necessities  —  Walmart Inc. is divesting two more of its online brands … https://bit.ly/2EIryYO

How Belarusians turned to VPNs and a private Telegram channel to bypass censorship when its internet was shut down using deep packet inspection (Aliide Naylor/Gizmodo)

Aliide Naylor / Gizmodo: How Belarusians turned to VPNs and a private Telegram channel to bypass censorship when its internet was shut down using deep packet inspection  —  Illustration: Elena Scotti (Photos: Getty Images, Screenshots via Twitter)  —  In early August, Belarus—sometimes called Europe's last dictatorship … https://bit.ly/2YMSI7X

Viva Republica, the parent company of the popular South Korean P2P payments app Toss, raises $173M at a valuation of $2.6B, bringing its total raised to $530M (Caixin Global)

Caixin Global: Viva Republica, the parent company of the popular South Korean P2P payments app Toss, raises $173M at a valuation of $2.6B, bringing its total raised to $530M  —  Viva Republica, the operator of peer-to-peer payment service Toss, has raised $173 million in a round led by existing investors … https://bit.ly/2Qxig4w

Apple says Fortnite users have been directed by Epic to contact AppleCare and those requests caused support and refund quality issues for its users globally (Todd Haselton/CNBC)

Todd Haselton / CNBC: Apple says Fortnite users have been directed by Epic to contact AppleCare and those requests caused support and refund quality issues for its users globally  —  - Apple suspended Epic Games' developer account on Friday.  — It means Epic Games can no longer make apps for iPhone, iPad or Mac. https://bit.ly/3lvK9bB

Citizen Lab: between January and May 2020, China censored over 2000 terms related to coronavirus on WeChat to control the narrative about China and the disease (Louise Matsakis/Wired)

Louise Matsakis / Wired: Citizen Lab: between January and May 2020, China censored over 2000 terms related to coronavirus on WeChat to control the narrative about China and the disease  —  In China, the messaging platform blocked thousands of keywords related to the virus, a new report reveals. https://bit.ly/3b5aSqm

Facebook sues MobiBurn, which provides SDK to embed ads in apps, claiming it illegally collected Facebook users' data and failed to comply with an audit (Catalin Cimpanu/ZDNet)

Catalin Cimpanu / ZDNet: Facebook sues MobiBurn, which provides SDK to embed ads in apps, claiming it illegally collected Facebook users' data and failed to comply with an audit  —  Facebook also sued the operator of a website selling Instagram followers, likes, and comments.  —  Facebook has filed lawsuits today … https://bit.ly/2YYAzo3

Q&A with TikTok's global CSO Roland Cloutier on accessing US user data outside the country, sharing data with China, protecting younger users, and more (Jeff Stone/CyberScoop)

Jeff Stone / CyberScoop: Q&A with TikTok's global CSO Roland Cloutier on accessing US user data outside the country, sharing data with China, protecting younger users, and more  —  Roland Cloutier, the global chief security officer for TikTok, says he still doesn't understand why the U.S. government has labeled … https://bit.ly/3lrSCwc

Opensignal report: US average 5G speeds (50.9 Mbps), just 1.8x 4G speeds (28.9 Mbps), lag behind the rest of the world; South Korea and Saudi Arabia lead (Jeremy Horwitz/VentureBeat)

Jeremy Horwitz / VentureBeat: Opensignal report: US average 5G speeds (50.9 Mbps), just 1.8x 4G speeds (28.9 Mbps), lag behind the rest of the world; South Korea and Saudi Arabia lead  —  It's no surprise at this point that United States rollouts of 5G networks haven't delivered on the next-generation cellular standard's promise … https://bit.ly/3hCFQso

Leaked memo: TikTok CEO Kevin Mayer resigns after Trump threatened to ban app; Vanessa Pappas, currently general manager of TikTok, will become interim head (Financial Times)

Financial Times: Leaked memo: TikTok CEO Kevin Mayer resigns after Trump threatened to ban app; Vanessa Pappas, currently general manager of TikTok, will become interim head  —  Former Disney executive resigns just months after appointment by Chinese video platform  —  Kevin Mayer has quit TikTok just months … https://bit.ly/2QvPOjE

Salesforce to cut ~1,000 jobs, 1.8% of its workforce, including some Tableau employees, and will give those affected 60 days to find a new role in the company (Ari Levy/CNBC)

Ari Levy / CNBC: Salesforce to cut ~1,000 jobs, 1.8% of its workforce, including some Tableau employees, and will give those affected 60 days to find a new role in the company  —  - The cuts amount to about 2% of Salesforce's workforce, but employees affected will have 60 days to find a new position at the company. https://bit.ly/2D5SpO4

Grid, a SaaS startup that lets users turn spreadsheets into visual "narratives", raises $12M Series A led by New Enterprise Associates (Steve O'Hear/TechCrunch)

Steve O'Hear / TechCrunch: Grid, a SaaS startup that lets users turn spreadsheets into visual “narratives”, raises $12M Series A led by New Enterprise Associates  —  Grid, a SaaS startup founded in Iceland that lets you turn spreadsheets into visual “narratives,” has closed $12 million in Series A funding. https://bit.ly/34xZVws

In a letter included in Palantir's S-1, CEO Alex Karp says the "engineering elite" of SV do not know "how society should be organized or what justice requires" (Ari Levy/CNBC)

Ari Levy / CNBC: In a letter included in Palantir's S-1, CEO Alex Karp says the “engineering elite” of SV do not know “how society should be organized or what justice requires”  —  KEY POINTS  — In Palantir's filing to go public on Tuesday, CEO Alex Karp said Silicon Valley engineers … https://bit.ly/3grZSVb

Salesforce reports Q2 revenue of $5.15B, up 29% YoY, vs. $4.90B est., gives Q3 revenue guidance of $5.24 to $5.25B, up 16% YoY; stock jumps 11%+ after hours (Jordan Novet/CNBC)

Jordan Novet / CNBC: Salesforce reports Q2 revenue of $5.15B, up 29% YoY, vs. $4.90B est., gives Q3 revenue guidance of $5.24 to $5.25B, up 16% YoY; stock jumps 11%+ after hours  —  - A gain on investments benefited Salesforce's adjusted earnings in the quarter.  — The company's full-year guidance beat expectations … https://bit.ly/32nEUC4

UK-based MelodyVR, which creates immersive live music for VR headsets and phones, acquires Rhapsody International, owner of Napster, from RealNetworks for $70M (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: UK-based MelodyVR, which creates immersive live music for VR headsets and phones, acquires Rhapsody International, owner of Napster, from RealNetworks for $70M  —  Napster, the pioneering digital music brand from way back when, is changing hands once more.  Today, a UK startup called MelodyVR … https://bit.ly/2FT8YxD

Samsung adds ability, off by default, to find offline devices with its Find My Mobile feature, using other people's nearby Galaxy devices to help locate them (Pranob Mehrotra/XDA Developers)

Pranob Mehrotra / XDA Developers: Samsung adds ability, off by default, to find offline devices with its Find My Mobile feature, using other people's nearby Galaxy devices to help locate them  —  Samsung's Find My Mobile app is designed to help you remotely locate your device, back up data to Samsung Cloud, delete local data … https://bit.ly/3gvMQpI

Google is investing $100M in telehealth provider Amwell, which will use Google Cloud and has filed to go public after seeing revenue jump 77% in H1 2020 (Christina Farr/CNBC)

Christina Farr / CNBC: Google is investing $100M in telehealth provider Amwell, which will use Google Cloud and has filed to go public after seeing revenue jump 77% in H1 2020  —  - Google Cloud is investing $100 million into AmWell, formerly known as American Well, in a concurrent private placement with its IPO. https://bit.ly/3lhp8B6

UK grocery giant Tesco says it will create 16,000 permanent jobs in its e-commerce division, on top of the 4,000 already created during the pandemic (Eric Pfanner/Bloomberg)

Eric Pfanner / Bloomberg: UK grocery giant Tesco says it will create 16,000 permanent jobs in its e-commerce division, on top of the 4,000 already created during the pandemic  —  Tesco Plc plans to create permanent roles for 16,000 new workers in its online business, underlining a pandemic-fueled shift … https://bit.ly/3hpRKpn

US law enforcement agencies are getting more savvy about using information collected by smart speakers and other devices as part of criminal investigations (Sidney Fussell/Wired)

Sidney Fussell / Wired: US law enforcement agencies are getting more savvy about using information collected by smart speakers and other devices as part of criminal investigations  —  Requests are rising from law enforcement for information on the devices, which can include internet queries, food orders, and overheard conversations. https://bit.ly/3j5klRx

China's IT ministry picks Gitee, a company that claims to have hosted 10M+ open source repositories, to build an alternative to GitHub amid US-China tensions (Rita Liao/TechCrunch)

Rita Liao / TechCrunch: China's IT ministry picks Gitee, a company that claims to have hosted 10M+ open source repositories, to build an alternative to GitHub amid US-China tensions  —  The technological decoupling between the U.S. and China has been a boon to Chinese firms from chipmakers for smartphones … https://bit.ly/32hHyJr

A detailed look at some key developments/breakthroughs in robotics, amid an increasing interest in robots during the pandemic, and what to expect in the future (David Berreby/National Geographic)

David Berreby / National Geographic: A detailed look at some key developments/breakthroughs in robotics, amid an increasing interest in robots during the pandemic, and what to expect in the future  —  Machines now perform all sorts of tasks: They clean big stores, patrol borders, and help autistic children.  But will they make life better for humans? https://bit.ly/31jJmSR

Freepik, a popular freemium stock photos marketplace, discloses data breach and says hacker obtained info of 8.3M users, including usernames and password hashes (Catalin Cimpanu/ZDNet)

Catalin Cimpanu / ZDNet: Freepik, a popular freemium stock photos marketplace, discloses data breach and says hacker obtained info of 8.3M users, including usernames and password hashes  —  Freepik is one of the most popular websites on the internet, currently ranked #97 on the Alexa Top 100 sites list. https://bit.ly/3hnm2t8

As workspace usage of Slack and Microsoft Teams soars, lawyers see an uptick in harassment claims, as messaging is more informal and often misinterpreted (Wall Street Journal)

Wall Street Journal: As workspace usage of Slack and Microsoft Teams soars, lawyers see an uptick in harassment claims, as messaging is more informal and often misinterpreted  —  Chat applications have become a major way employees stay connected, but some see an uptick in agitation and bullying https://bit.ly/34qajGk

Chinese food delivery giant Meituan had sales of $3.6B, net profit of $317M in the June quarter; Meituan stock is up 2x+ in 2020, taking its market cap to $186B (Bloomberg)

Bloomberg: Chinese food delivery giant Meituan had sales of $3.6B, net profit of $317M in the June quarter; Meituan stock is up 2x+ in 2020, taking its market cap to $186B  —  - Food delivery, groceries were bright spots in the June quarter  — Meituan shares jumped 4.5% before earnings were released https://bit.ly/2YqsRCH

Experian South Africa CEO claims someone posing as a client tricked the company into giving up personal information of an estimated 24M SA citizens in May (MyBroadband)

MyBroadband: Experian South Africa CEO claims someone posing as a client tricked the company into giving up personal information of an estimated 24M SA citizens in May  —  Experian South Africa CEO Ferdie Pieterse downplayed the seriousness of a data breach at his company which exposed the personal details of 23.4 million South Africans. https://bit.ly/2FD73gv

In a legal filing, Apple accuses Epic Games of anticompetitive behavior, producing three emails from Tim Sweeney to show that Epic asked for a special deal (Kif Leswing/CNBC)

Kif Leswing / CNBC: In a legal filing, Apple accuses Epic Games of anticompetitive behavior, producing three emails from Tim Sweeney to show that Epic asked for a special deal  —  - Apple responded to Epic Games' lawsuit accusing it of anticompetitive behavior in its control of the App Store in a legal filing on Friday. https://bit.ly/3gkbfOT

Kuo: Apple is looking to offset cost of new 5G tech in iPhone 12 by using a simpler battery board design that will be 40%-50% cheaper than the one in iPhone 11 (Eric Slivka/MacRumors)

Eric Slivka / MacRumors: Kuo: Apple is looking to offset cost of new 5G tech in iPhone 12 by using a simpler battery board design that will be 40%-50% cheaper than the one in iPhone 11  —  Apple is looking to put a pricing squeeze on component suppliers for the upcoming iPhone 12 lineup to help offset increased costs … https://bit.ly/34gEa4a

Ann Syrdal, AT&T researcher who helped give computers a female voice and laid the groundwork for digital assistants like Siri and Alexa, dies at 74 (Cade Metz/New York Times)

Cade Metz / New York Times: Ann Syrdal, AT&T researcher who helped give computers a female voice and laid the groundwork for digital assistants like Siri and Alexa, dies at 74  —  As a researcher at AT&T, she helped lay the groundwork for modern digital assistants like Siri and Alexa. https://bit.ly/3j4oxB5

Facebook confirms Mark Zuckerberg testified before FTC this week, as part of the agency's antitrust probe (Salvador Rodriguez/CNBC)

Salvador Rodriguez / CNBC: Facebook confirms Mark Zuckerberg testified before FTC this week, as part of the agency's antitrust probe  —  - Facebook CEO Mark Zuckerberg this week testified at a Federal Trade Commission investigative hearing related to the federal agency's antitrust investigation into the tech company, the company confirmed to CNBC on Thursday. https://bit.ly/2Q8EWb4

Huawei is prospering in Africa as countries move toward 5G amid US-led boycott, partly due to Huawei's work in remote areas and long-term ties with governments (Loni Prinsloo/Bloomberg)

Loni Prinsloo / Bloomberg: Huawei is prospering in Africa as countries move toward 5G amid US-led boycott, partly due to Huawei's work in remote areas and long-term ties with governments  —  A year ago in June, South African President Cyril Ramaphosa got a letter that painted an alarming picture of his country's economic prospects. https://bit.ly/2EbHKSj

New York and Miami Police have reportedly used facial recognition software to arrest people who allegedly committed crimes during Black Lives Matter protests (Kate Cox/Ars Technica)

Kate Cox / Ars Technica: New York and Miami Police have reportedly used facial recognition software to arrest people who allegedly committed crimes during Black Lives Matter protests  —  Cops' use of the tech among the list of things protesters are demonstrating against.  —  Law enforcement in several cities … https://bit.ly/2DZU3RV

With ~1B active iPhones and an est. ~500M weekly active App Store users, it's time for Apple to play by new rules, and legal fights in EU and US might make it (Benedict Evans)

Benedict Evans: With ~1B active iPhones and an est. ~500M weekly active App Store users, it's time for Apple to play by new rules, and legal fights in EU and US might make it  —  I write a weekly newsletter around tech and media, picking the 10-20 pieces of news that actually mattered and explaining what they mean … https://bit.ly/34hN1T8

US Department of Energy and Microsoft partner to develop AI-based disaster response tools, which could help first responders in events like fires and floods (Jared Council/Wall Street Journal)

Jared Council / Wall Street Journal: US Department of Energy and Microsoft partner to develop AI-based disaster response tools, which could help first responders in events like fires and floods  —  The technology could help first responders more quickly address fast-moving events like fires, floods and windstorms https://bit.ly/2Q6OXFJ

A ban on TikTok is overdue as the US confronts China's asymmetrical "net nationalism" and fights for the future of the open internet (Tim Wu/New York Times)

Tim Wu / New York Times: A ban on TikTok is overdue as the US confronts China's asymmetrical “net nationalism” and fights for the future of the open internet  —  Critics say we shouldn't abandon the ideal of an open internet.  But there is such a thing as being a sucker. https://bit.ly/34h9ZK3

Android 11 to remove the camera picker, often seen in 3rd-party apps, defaulting instead to the built-in camera; Google says it's to protect privacy, security (Cody Toombs/Android Police)

Cody Toombs / Android Police: Android 11 to remove the camera picker, often seen in 3rd-party apps, defaulting instead to the built-in camera; Google says it's to protect privacy, security  —  Android may have started with the mantra that developers are allowed to do anything as long as they can code it … https://bit.ly/3iStLQ7

SpyCloud, which offers account takeover and fraud investigation tools, raises $30M Series C led by Centana Growth Partners, bringing its total raised to ~$60M (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat: SpyCloud, which offers account takeover and fraud investigation tools, raises $30M Series C led by Centana Growth Partners, bringing its total raised to ~$60M  —  Cybersecurity firm SpyCloud today closed a $30 million venture financing round, which cofounder and CEO Ted Ross says will be used … https://bit.ly/2YbOl5Y

Many Silicon Valley startups are offering virtual fall internships, as college students consider taking a gap semester/year to avoid online classes (Ellen Huet/Bloomberg)

Ellen Huet / Bloomberg: Many Silicon Valley startups are offering virtual fall internships, as college students consider taking a gap semester/year to avoid online classes  —  To many college students, the prospect of a year of school during a pandemic—with virtual classes, restricted movements and no parties—is a huge bummer. https://bit.ly/322Q7Yh

TikTok starts a Twitter account and website, aggregating positive news stories, to "set the record straight" about "misinformation" regarding TikTok (Nathan Crooks/Bloomberg)

Nathan Crooks / Bloomberg: TikTok starts a Twitter account and website, aggregating positive news stories, to “set the record straight” about “misinformation” regarding TikTok  —  TikTok said Monday that it started a website and Twitter account to address what it called rumors in real time … https://bit.ly/315jIB9

US says it will further tighten restrictions on Huawei's access to semiconductors and add its affiliates in 21 countries to the government's economic blacklist (David Shepardson/Reuters)

David Shepardson / Reuters: US says it will further tighten restrictions on Huawei's access to semiconductors and add its affiliates in 21 countries to the government's economic blacklist  —  WASHINGTON (Reuters) - The Trump administration is set to announce on Monday it will further tighten restrictions on Huawei Technologies Co … https://bit.ly/31ZczBJ

A look at Remark Holdings, supplying 100+ Chinese schools, and a Las Vegas school, with AI-powered thermal imaging tech to monitor COVID-19 safety compliance (Rebecca Heilweil/Vox)

Rebecca Heilweil / Vox: A look at Remark Holdings, supplying 100+ Chinese schools, and a Las Vegas school, with AI-powered thermal imaging tech to monitor COVID-19 safety compliance  —  This fall, AI could be watching students social distance and checking their masks.  —  Thousands of schools nationwide will not be reopening this fall. https://bit.ly/2PZzc3i

As schools adopt remote learning or hybrid reopening models, US students face a laptop shortage, particularly of low-cost Chromebooks popular at K-8 schools (Dan Primack/Axios)

Dan Primack / Axios: As schools adopt remote learning or hybrid reopening models, US students face a laptop shortage, particularly of low-cost Chromebooks popular at K-8 schools  —  American students are facing a shortage of laptops, particularly low-cost Chromebooks popular in K-8 schools … https://bit.ly/32103S2

Tens of thousands of UK high school students were downgraded from teacher estimates by an algorithm that replaced exams, affecting university applications (Amit Katwala/WIRED UK)

Amit Katwala / WIRED UK: Tens of thousands of UK high school students were downgraded from teacher estimates by an algorithm that replaced exams, affecting university applications  —  Even with the late changes, GCSE and A-Level results still highlight the flaws in a biased education system https://bit.ly/320oHm3

Telegram has launched an alpha version of one-on-one video calls in its Android and iOS apps, says all calls will be end-to-end encrypted (Kim Lyons/The Verge)

Kim Lyons / The Verge: Telegram has launched an alpha version of one-on-one video calls in its Android and iOS apps, says all calls will be end-to-end encrypted  —  The company plans to add improvements to the alpha feature in coming months  —  Secure messaging app Telegram has launched an alpha version … https://bit.ly/3avh4b5

While social media platforms did not create QAnon, they helped it go mainstream via recommendation systems designed to prioritize engagement (Charlie Warzel/New York Times)

Charlie Warzel / New York Times: While social media platforms did not create QAnon, they helped it go mainstream via recommendation systems designed to prioritize engagement  —  A supporter of the dangerous conspiracy theory is most likely headed to Congress.  The social media platforms have some soul-searching to do. https://bit.ly/2PSvjxc

Interview with Facebook AI's Mike Schroepfer, Yann LeCun, and Jerome Pesenti discussing their efforts to use computer vision to combat toxic content on Facebook (Mark Sullivan/Fast Company)

Mark Sullivan / Fast Company: Interview with Facebook AI's Mike Schroepfer, Yann LeCun, and Jerome Pesenti discussing their efforts to use computer vision to combat toxic content on Facebook  —  Advancements in AI have dramatically improved the company's ability to identify written hate speech. https://bit.ly/3h3qEEG

In a new Instagram update, Facebook has started replacing the Instagram DM icon with Messenger's logo, although cross-messaging is still not functional (Kim Lyons/The Verge)

Kim Lyons / The Verge: In a new Instagram update, Facebook has started replacing the Instagram DM icon with Messenger's logo, although cross-messaging is still not functional  —  You might see this pop-up when you open Instagram  —  Facebook appears to flipping the switch on integrating the chat systems for Instagram and Messenger. https://bit.ly/3g5PnXG

VC firm Initialized raises $230M for its fifth fund and says the fund was "heavily oversubscribed" despite the departure of co-founder Alexis Ohanian (Bloomberg)

Bloomberg: VC firm Initialized raises $230M for its fifth fund and says the fund was “heavily oversubscribed” despite the departure of co-founder Alexis Ohanian  —  - Existing portfolio includes unicorns Instacart, Coinbase, Ro  — Fifth fund “heavily oversubscribed” despite co-founder exit https://bit.ly/31SFbfV