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Showing posts from May, 2021

Uber and Lyft acknowledge prices are up and wait times are longer, citing a lack of drivers; research found prices rose 37% from March 2020 to March 2021 (Kate Conger/New York Times)

Kate Conger / New York Times: Uber and Lyft acknowledge prices are up and wait times are longer, citing a lack of drivers; research found prices rose 37% from March 2020 to March 2021  —  The companies say they are charging extra because they don't have enough drivers to match rebounding customer demand. https://bit.ly/3fB7Q1a

Maryland and Montana have passed the nation's first laws limiting forensic genealogy, the DNA matching technique that found the Golden State Killer in 2018 (Virginia Hughes/New York Times)

Virginia Hughes / New York Times: Maryland and Montana have passed the nation's first laws limiting forensic genealogy, the DNA matching technique that found the Golden State Killer in 2018  —  Maryland and Montana have passed the nation's first laws limiting forensic genealogy, the method that found the Golden State Killer. https://bit.ly/2SJDG2G

Xiaomi demos fully charging a 4,000mAh battery in eight minutes over a 200W "HyperCharge" system or in 15 minutes with 120W wireless charging (Sam Byford/The Verge)

Sam Byford / The Verge: Xiaomi demos fully charging a 4,000mAh battery in eight minutes over a 200W “HyperCharge” system or in 15 minutes with 120W wireless charging  —  New ‘world records’ in wired and wireless charging  —  Xiaomi has shown off its latest fast charging tech demo … https://bit.ly/3uCkhOo

As big financial industry players like Fidelity Investments push SEC to approve Bitcoin-linked ETFs, crypto lobbying efforts meet resistance from US lawmakers (Kellie Mejdrich/Politico)

Kellie Mejdrich / Politico: As big financial industry players like Fidelity Investments push SEC to approve Bitcoin-linked ETFs, crypto lobbying efforts meet resistance from US lawmakers  —  A strong push by Wall Street to open up access to Bitcoin investment is meeting resistance from a bipartisan group of lawmakers … https://bit.ly/3i138vf

India's largest independent e-commerce logistics startup Delhivery has raised $277M led by Fidelity, valuing the startup at ~$3B (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: India's largest independent e-commerce logistics startup Delhivery has raised $277M led by Fidelity, valuing the startup at ~$3B  —  Delhivery, India's largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this year. https://bit.ly/3vFfflM

Relativity, which helps law firms analyze large datasets, acquires Text IQ, an AI startup that helps businesses identify sensitive data, reportedly for $100M+ (Jim Dallke/Chicago Business Journal)

Jim Dallke / Chicago Business Journal: Relativity, which helps law firms analyze large datasets, acquires Text IQ, an AI startup that helps businesses identify sensitive data, reportedly for $100M+  —  The deal is reportedly worth more than $100 million  —  Two months after landing an investment from Silver Lake at a $3.6 billion valuation … https://bit.ly/3vDh4zk

Apple's claims about respecting privacy aren't fully serious, as the iPhone default doesn't disallow apps from tracking users, instead expecting users to do so (Doc Searls Weblog)

Doc Searls Weblog: Apple's claims about respecting privacy aren't fully serious, as the iPhone default doesn't disallow apps from tracking users, instead expecting users to do so  —  If you haven't seen it yet, watch Apple's Privacy on iPhone |  tracked ad.  In it a guy named Felix (that's him, above) … https://bit.ly/3uu37SZ

Court docs detail Google's user location data collection, efforts to hide an off toggle deep in Android settings, pressure on partners like LG to do the same (Tyler Sonnemaker/Insider)

Tyler Sonnemaker / Insider: Court docs detail Google's user location data collection, efforts to hide an off toggle deep in Android settings, pressure on partners like LG to do the same  —  - Google made it nearly impossible for users to keep their location private, according to newly unredacted court documents. https://bit.ly/34sZKkC

Wejo, which collects and analyzes real-time vehicle data, is going public via a SPAC merger to raise $330M, which will value Wejo at $800M including debt (Reuters)

Reuters: Wejo, which collects and analyzes real-time vehicle data, is going public via a SPAC merger to raise $330M, which will value Wejo at $800M including debt  —  Auto data startup Wejo, backed by General Motors Co (GM.N),will go public through a reverse merger with blank-check company Virtuoso Acquisition Corp … https://bit.ly/3vCCAEv

In an email to podcasters, Apple says it is delaying the launch of its Podcasts Subscriptions and channels until June and plans improvements to its Podcasts app (Chance Miller/9to5Mac)

Chance Miller / 9to5Mac: In an email to podcasters, Apple says it is delaying the launch of its Podcasts Subscriptions and channels until June and plans improvements to its Podcasts app  —  Apple has announced in an email to podcasters today that it is delaying the launch of Apple Podcasts Subscriptions. https://bit.ly/3vJRwkt

Sources: Apple tried to buy rap battle livestreaming service Verzuz before it was acquired in March by Triller (Bloomberg)

Bloomberg: Sources: Apple tried to buy rap battle livestreaming service Verzuz before it was acquired in March by Triller  —  - Tech giant floated a lower price for Timbaland's platform  — Talks show Apple's continued interest in social music offering  —  Apple Inc. aimed to purchase … https://bit.ly/3ftlIKD

Sources: Apple is planning redesigned AirPods for 2021 and 2nd-gen AirPods Pro for 2022, which will include updated motion sensors for fitness tracking (Bloomberg)

Bloomberg: Sources: Apple is planning redesigned AirPods for 2021 and 2nd-gen AirPods Pro for 2022, which will include updated motion sensors for fitness tracking  —  - Company preparing to overhaul its entry-level wireless earbuds  — Apple also discussing new colors for AirPods Max headphones https://bit.ly/3upQQ20

Sources: TTYL, the company that created Poparazzi, raises $20M Series A led by Benchmark; Andreesen Horowitz also competed to lead the round (Eric Newcomer/Newcomer)

Eric Newcomer / Newcomer: Sources: TTYL, the company that created Poparazzi, raises $20M Series A led by Benchmark; Andreesen Horowitz also competed to lead the round  —  Benchmark tops Andreessen Horowitz in pursuit of buzzy photo sharing app.  —  Sources tell me that Benchmark has secretly scored a major consumer investing win. https://bit.ly/3ftOxqq

Sources detail Citizen's efforts to cash in on vigilantism, including flooding users with notifications to make them anxious enough to buy its premium service (Joseph Cox/VICE)

Joseph Cox / VICE: Sources detail Citizen's efforts to cash in on vigilantism, including flooding users with notifications to make them anxious enough to buy its premium service  —  Internal documents, messages, and roadmaps show how crime app Citizen is pushing the boundary of what a private, app-enabled vigilante force may be capable of. https://bit.ly/2SAyjTy

Savings and investing app Acorns is merging with a SPAC to go public in a deal that values Acorns at roughly $2.2B, more than double its last private valuation (Kate Rooney/CNBC)

Kate Rooney / CNBC: Savings and investing app Acorns is merging with a SPAC to go public in a deal that values Acorns at roughly $2.2B, more than double its last private valuation  —  - Acorns will merge with with Pioneer Merger Corp., a publicly traded special purpose acquisition company. https://bit.ly/3usElmf

ZipRecruiter closes at $21.10 per share after opening at $20, giving it a valuation of ~$2.8B, up from its 2018 valuation of ~$1.5B (Bloomberg)

Bloomberg: ZipRecruiter closes at $21.10 per share after opening at $20, giving it a valuation of ~$2.8B, up from its 2018 valuation of ~$1.5B  —  - Shares in ZipRecruiter opened at $20 apiece Wednesday  — Company's direct listing follows Coinbase, Squarespace  —  ZipRecruiter Inc. rose … https://bit.ly/2QWjsSX

Apple removes an app, discovered by a developer, that required at least a three-star review before people could use it (Hartley Charlton/MacRumors)

Hartley Charlton / MacRumors: Apple removes an app, discovered by a developer, that required at least a three-star review before people could use it  —  An app that demanded at least a three-star review to function got through the App Store review process, it has been found (via The Verge). https://bit.ly/3yG5CoH

SpotOn, a payments startup focused on SMBs, raises $125M Series D led by a16z, tripling its valuation from last September to $1.875B (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch: SpotOn, a payments startup focused on SMBs, raises $125M Series D led by a16z, tripling its valuation from last September to $1.875B  —  Certain industries were hit harder by the COVID-19 pandemic than others, especially in its early days.  —  Small businesses, including retailers and restaurants … https://bit.ly/3bVRn5z

Contentsquare, which operates a customer experience analytics service, raises $500M Series E led by SoftBank Vision Fund 2, bringing its valuation to $2.8B (Christine Hall/Crunchbase News)

Christine Hall / Crunchbase News: Contentsquare, which operates a customer experience analytics service, raises $500M Series E led by SoftBank Vision Fund 2, bringing its valuation to $2.8B  —  A year after its $190 million Series D, Contentsquare is back with an even bigger round, closing on $500 million in Series E financing to value the company at $2.8 billion. https://bit.ly/3oNRKUX

A look at Oracle's effort to sell Endeca software to Chinese authorities beginning in 2012, and how Oracle touted its use in Chicago for predictive policing (Mara Hvistendahl/The Intercept)

Mara Hvistendahl / The Intercept: A look at Oracle's effort to sell Endeca software to Chinese authorities beginning in 2012, and how Oracle touted its use in Chicago for predictive policing  —  As he helped plan massive demonstrations in Chicago to protest the 2012 NATO summit, Matt McLoughlin knew he was up against a formidable police force. https://bit.ly/3fmOz3v

In a first, DHS will issue mandatory rules regulating cybersecurity for pipelines, initially to require incident reporting, after Colonial's ransomware attack (Washington Post)

Washington Post: In a first, DHS will issue mandatory rules regulating cybersecurity for pipelines, initially to require incident reporting, after Colonial's ransomware attack  —  Two directives will seek oversight of the industry after a ransomware attack upended gas availability in the southeast U.S. for 11 days. https://bit.ly/3hRuYtK

On final day of the Epic vs Apple trial, many topics were revisited including how to define the market in question; judge could now take months to reach verdict (Nick Statt/Protocol)

Nick Statt / Protocol: On final day of the Epic vs Apple trial, many topics were revisited including how to define the market in question; judge could now take months to reach verdict  —  The antitrust trial is now in the judge's hands after three weeks of courtroom testimony.  —  Epic v. Apple came to a close … https://bit.ly/3bTItp8

Chia, a storage-based cryptocurrency founded by Bram Cohen, raises $61M with a16z among investors, more than doubling valuation to ~$500M, according to a source (Gillian Tan/Bloomberg)

Gillian Tan / Bloomberg: Chia, a storage-based cryptocurrency founded by Bram Cohen, raises $61M with a16z among investors, more than doubling valuation to ~$500M, according to a source  —  Chia Network Inc., a blockchain and digital currency platform founded by BitTorrent creator Bram Cohen, has more than doubled … https://bit.ly/3uiPqpS

Solidus Labs, which develops monitoring and compliance tools for identifying market manipulation in crypto, raises $20M Series A (Ryan Weeks/The Block)

Ryan Weeks / The Block: Solidus Labs, which develops monitoring and compliance tools for identifying market manipulation in crypto, raises $20M Series A  —  Solidus Labs, a surveillance firm focused on monitoring market manipulation in crypto, has closed a $20 million Series A fundraise. https://bit.ly/3vjqBM2

Google's partnership with Samsung to merge Wear OS with Samsung's Tizen comes after years of Google failing to build a cohesive wearables strategy (Chaim Gartenberg/The Verge)

Chaim Gartenberg / The Verge: Google's partnership with Samsung to merge Wear OS with Samsung's Tizen comes after years of Google failing to build a cohesive wearables strategy  —  Third time might not be the charm  —  Once again, Google is hitting the reset button, combining with Samsung's Tizen wearable operating system … https://bit.ly/3oI7EA0

Pro-Palestinian activist campaign targets Facebook's app store ratings via 1-star reviews; Facebook's internal chats show Apple declined to remove the reviews (Olivia Solon/NBC News)

Olivia Solon / NBC News: Pro-Palestinian activist campaign targets Facebook's app store ratings via 1-star reviews; Facebook's internal chats show Apple declined to remove the reviews  —  Pro-Palestinian activists are running a coordinated campaign to downgrade Facebook's app review ratings to protest … https://bit.ly/3unjalP

Twitch launches a category for "Pools, Hot Tubs, and Beaches" streams, letting creators continue to stream them while letting advertisers and viewers avoid them (Jacob Kastrenakes/The Verge)

Jacob Kastrenakes / The Verge: Twitch launches a category for “Pools, Hot Tubs, and Beaches” streams, letting creators continue to stream them while letting advertisers and viewers avoid them  —  ‘Being found to be sexy by others is not against our rules’  —  Twitch is launching a dedicated category … https://bit.ly/349WP09

India's information technology ministry asks social media companies to take down any content that refers to an "Indian variant" of the coronavirus (Aditya Kalra/Reuters)

Aditya Kalra / Reuters: India's information technology ministry asks social media companies to take down any content that refers to an “Indian variant” of the coronavirus  —  India's information technology (IT) ministry has written to all social media companies asking them to take down any content that refers to an … https://bit.ly/3oNaGD9

oneNav, which is developing a GNSS receiver for L5 signals that are more accurate and reliable than the L1 signals used in GPS, raises $21M Series B led by GV (Chris Metinko/Crunchbase News)

Chris Metinko / Crunchbase News: oneNav, which is developing a GNSS receiver for L5 signals that are more accurate and reliable than the L1 signals used in GPS, raises $21M Series B led by GV  —  Palo Alto, California-based oneNav has closed a $21 million Series B, as the startup looks to take advantage of improvements coming to GPS. https://bit.ly/345KmL9

Found, which wants to create a one-stop shop for business banking, bookkeeping, and taxes for self-employed, raises $12.75M led by Sequoia (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch: Found, which wants to create a one-stop shop for business banking, bookkeeping, and taxes for self-employed, raises $12.75M led by Sequoia  —  If you've ever been self-employed you know what a pain it is to keep up with the hassles of running a business.  From bookkeeping to invoicing to paying taxes — it's one big headache. https://bit.ly/3faIuXR

Biden administration says it will partner with popular dating apps including Tinder, OkCupid, Hinge, BLK, and Chispa to promote vaccinations against COVID-19 (New York Times)

New York Times: Biden administration says it will partner with popular dating apps including Tinder, OkCupid, Hinge, BLK, and Chispa to promote vaccinations against COVID-19  —  With a non-zero amount of awkwardness, the Biden administration on Friday highlighted a new plan to encourage more people to get vaccinated … https://bit.ly/3wpuGhH

Indonesia-based TaniHub Group, which operates direct-to-consumer e-commerce, delivery, and financing services for farmers, raises $65.5M Series B (Catherine Shu/TechCrunch)

Catherine Shu / TechCrunch: Indonesia-based TaniHub Group, which operates direct-to-consumer e-commerce, delivery, and financing services for farmers, raises $65.5M Series B  —  TaniHub Group, an Indonesian startup that helps farmers get better prices and more customers for their crops, has raised a $65.5 million Series B … https://bit.ly/3wojEcD

Snap has agreed to acquire WaveOptics, the supplier of the AR displays used in its new Spectacles glasses, for more than $500M (Alex Heath/The Verge)

Alex Heath / The Verge: Snap has agreed to acquire WaveOptics, the supplier of the AR displays used in its new Spectacles glasses, for more than $500M  —  WaveOptics made the display in Snap's new Spectacles glasses  —  Snap has agreed to acquire WaveOptics, the supplier of the augmented reality displays that power … https://bit.ly/344OhaV

Robinhood announces IPO Access, which will let retail investors buy shares of companies at their IPO price before trading begins on public exchanges (Maggie Fitzgerald/CNBC)

Maggie Fitzgerald / CNBC: Robinhood announces IPO Access, which will let retail investors buy shares of companies at their IPO price before trading begins on public exchanges  —  - Robinhood said it is giving retail investors access to IPO shares.  — Retail traders typically don't have a vehicle to buy … https://bit.ly/342wnWs

Snap unveils its first AR glasses, with four built-in microphones, two stereo speakers, and a touchpad, and says it will test them with some AR effects creators (Alex Heath/The Verge)

Alex Heath / The Verge: Snap unveils its first AR glasses, with four built-in microphones, two stereo speakers, and a touchpad, and says it will test them with some AR effects creators  —  The fourth-gen glasses have built-in AR displays  —  Snap's new Spectacles glasses are its most ambitious yet. https://bit.ly/3v8xb83

Figure, which uses blockchain tech to provide home equity loans, raises $200M at a valuation of $3.2B; Figure is founded by ex-SoFi CEO Mike Cagney (Bloomberg)

Bloomberg: Figure, which uses blockchain tech to provide home equity loans, raises $200M at a valuation of $3.2B; Figure is founded by ex-SoFi CEO Mike Cagney  —  - Blockchain-based startup raised $200 million from investors  — CEO Cagney says goal is for Provenance to supplant Ethereum https://bit.ly/2RyqBck

AMD announces a $4B stock buyback program, its first since 2001, representing about 4% of AMD's market value (Ian King/Bloomberg)

Ian King / Bloomberg: AMD announces a $4B stock buyback program, its first since 2001, representing about 4% of AMD's market value  —  Advanced Micro Devices Inc. unveiled a $4 billion stock buyback plan, its first repurchase authorization since 2001, underscoring the chipmaker's confidence in the future of its business. https://bit.ly/3fuAxf0

At I/O, Google made AI systems a centerpiece but failed to address concerns over its handling of research about the dangers of AI, which has led to firing staff (James Vincent/The Verge)

James Vincent / The Verge: At I/O, Google made AI systems a centerpiece but failed to address concerns over its handling of research about the dangers of AI, which has led to firing staff  —  The company has been accused of censoring critics of these same AI systems  —  Yesterday at Google's I/O developer conference … https://bit.ly/3yqOtzi

TikTok's algorithms reward mediocrity, the lowest common denominator of what people want to look at, driven by biases toward thinness, whiteness, and wealth (Rebecca Jennings/Vox)

Rebecca Jennings / Vox: TikTok's algorithms reward mediocrity, the lowest common denominator of what people want to look at, driven by biases toward thinness, whiteness, and wealth  —  Or, how algorithms reward mediocrity.  —  This story is part of a group of stories called  —  When TikTok first launched … https://bit.ly/3ovmxpe

Google says Android now powers over 3B active devices worldwide, up from 2.5B in 2019 and 2B in 2017 (Kyle Bradshaw/9to5Google)

Kyle Bradshaw / 9to5Google: Google says Android now powers over 3B active devices worldwide, up from 2.5B in 2019 and 2B in 2017  —  During Google I/O's main keynote, the company has shared that their flagship operating system, Android, now powers over 3 billion devices worldwide.  —  While Android is of course … https://bit.ly/3ykQs81

Google details Android 12's new design, based on the flexible Material You system, with better widgets and buttons, more animation, privacy features, and more (Dieter Bohn/The Verge)

Dieter Bohn / The Verge: Google details Android 12's new design, based on the flexible Material You system, with better widgets and buttons, more animation, privacy features, and more  —  There are new features, but it's the biggest design update in years  —  Google is announcing the latest beta for Android 12 today … https://bit.ly/2RtykZ9

Nvidia extends its crypto mining limits to newly manufactured GeForce RTX 3080, RTX 3070, and RTX 3060 Ti graphics cards, which will be labeled "Lite Hash Rate" (Tom Warren/The Verge)

Tom Warren / The Verge: Nvidia extends its crypto mining limits to newly manufactured GeForce RTX 3080, RTX 3070, and RTX 3060 Ti graphics cards, which will be labeled “Lite Hash Rate”  —  New Nvidia cards will be branded as Lite Hash Rate  —  Nvidia is extending its cryptocurrency mining limits … https://bit.ly/3fudxfY

Docs: Google's state policy manager attended a policy working group led by the Republican State Leadership Committee that worked on voter suppression proposals (Popular Information)

Popular Information: Docs: Google's state policy manager attended a policy working group led by the Republican State Leadership Committee that worked on voter suppression proposals  —  Several large corporations that have recently issued public statements supporting voting rights — including Google, Deloitte … https://bit.ly/3ykUptF

Apple confirms that the Bluetooth AAC codec used by AirPods Pro and AirPods Max does not support Apple Music's new lossless streaming (Juli Clover/MacRumors)

Juli Clover / MacRumors: Apple confirms that the Bluetooth AAC codec used by AirPods Pro and AirPods Max does not support Apple Music's new lossless streaming  —  Apple today announced that starting in June, Apple Music songs will be available to stream in Lossless and Hi-Resolution Lossless formats … https://bit.ly/3uYdrDT

Amazon announces WorkingWell, a new program to educate employees on avoiding injuries and improving mental health, expanding to 1,000 facilities by end of 2021 (Sebastian Herrera/Wall Street Journal)

Sebastian Herrera / Wall Street Journal: Amazon announces WorkingWell, a new program to educate employees on avoiding injuries and improving mental health, expanding to 1,000 facilities by end of 2021  —  Online retailer rolls out safety videos, on-the-job stretching exercises and staff meditation zones https://bit.ly/3hxndsX

Sources: long after his marriage, Bill Gates would pursue women at Microsoft, at times creating an uncomfortable workplace environment (New York Times)

New York Times: Sources: long after his marriage, Bill Gates would pursue women at Microsoft, at times creating an uncomfortable workplace environment  —  Melinda French Gates voiced concerns about her husband's relationship with Jeffrey Epstein and a harassment claim against his money manager. https://bit.ly/3w5d5LK

Clubhouse, which launched its Android app in beta in the US last week, to expand the app to Japan, Brazil, and Russia on Tuesday, and globally by Friday (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Clubhouse, which launched its Android app in beta in the US last week, to expand the app to Japan, Brazil, and Russia on Tuesday, and globally by Friday  —  Voice social network Clubhouse said on Sunday it will expand its Android app worldwide in a week, days after launching a beta version … https://bit.ly/2S2c604

After WhatsApp's privacy policy changes, in the first four months of 2021, Telegram's installs rose 98% YoY and Signal's first-time downloads were up 1,192% YoY (Stephanie Chan/Sensor Tower Blog)

Stephanie Chan / Sensor Tower Blog: After WhatsApp's privacy policy changes, in the first four months of 2021, Telegram's installs rose 98% YoY and Signal's first-time downloads were up 1,192% YoY  —  Popular mobile messenger WhatsApp encountered backlash in January when it was announced that users would need to accept … https://bit.ly/3fC40DV

Top gamers are quitting esports to become Twitch and YouTube influencers as esports organizations and game publishers reallocate resources to streamers (Cecilia D'Anastasio/Wired)

Cecilia D'Anastasio / Wired: Top gamers are quitting esports to become Twitch and YouTube influencers as esports organizations and game publishers reallocate resources to streamers  —  Top players have left pro leagues to pursue streaming full-time as the industry veers more toward content creators. https://bit.ly/3eRlqgg

Researcher: Twitter is working on Twitter Blue, a $2.99/month subscription offering with "Collections" to organize favorite tweets and an "undo tweet" function (José Adorno/9to5Mac)

José Adorno / 9to5Mac: Researcher: Twitter is working on Twitter Blue, a $2.99/month subscription offering with “Collections” to organize favorite tweets and an “undo tweet” function  —  Twitter has been working on its subscription service for a while now. https://bit.ly/3fmMDqd

New Android beta APK for Apple Music describes two lossless audio options, "Lossless" and "High-Res Lossless", at 24-bit/48 kHZ and 24-bit/192 kHz respectively (Kyle Bradshaw/9to5Google)

Kyle Bradshaw / 9to5Google: New Android beta APK for Apple Music describes two lossless audio options, “Lossless” and “High-Res Lossless”, at 24-bit/48 kHZ and 24-bit/192 kHz respectively  —  Earlier this month, our colleagues at 9to5Mac reported that Apple Music would be gaining “HiFi” streaming options, possibly with iOS 14.6. https://bit.ly/3tSfxnv