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Thursday, 30 June 2022
Meta says it is rolling out NFT support on Facebook, allowing select US creators to display NFTs on their profiles, after adding the feature to Instagram in May (TechCrunch)
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Wednesday, 29 June 2022
Google sign-up a 'fast track to surveillance', consumer groups say Ten European consumer organisations join forces to launch complaints to privacy and data regulators June 30, 2022 at 05:28AM
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Elliptic: North Korea-backed hacking group Lazarus might be behind Harmony's $100M altcoin theft; the hack bore similarities to the $600M Ronin bridge attack (Margi Murphy/Bloomberg)
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EU lawmakers finalize anti-money laundering rules for crypto, requiring verified customer identity for transfers between regulated digital wallet providers (Jack Schickler/CoinDesk)
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Tuesday, 28 June 2022
New biometrics laws urgently needed, review finds The Ryder Review finds existing laws are fragmented and have failed to keep up with technology. June 29, 2022 at 05:47AM
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CoinFLEX CEO Mark Lamb says crypto investor Roger Ver owes CoinFLEX $47M in USDC, after Ver denied "some rumors" he defaulted on a debt to a counterparty (Michael Bellusci/CoinDesk)
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Google announces Google Public Sector, a new division aiming to bring Google Cloud tech to US educational institutions and federal, state, and local governments (Abner Li/9to5Google)
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Meta tests Discord-like changes in Facebook Groups, adding a channels list in a left-aligned sidebar that can include audio rooms, text chats, and feeds (Jay Peters/The Verge)
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A deep dive on Truth Social's struggles, as the social network flails in its efforts to build a competitive platform while alienating tech talent and partners (Reuters)
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Monday, 27 June 2022
T-Mobile launched App Insights, letting marketers target its wireless customers based on apps they have installed and engagement patterns; users can opt out (Allison Johnson/The Verge)
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Sam Bankman-Fried says there are no active talks for FTX to acquire Robinhood; Robinhood says no acquisition can go through without the founders' approval (Jacquelyn Melinek/TechCrunch)
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Google says Hangouts will shut down in November as it begins prompting mobile Hangouts users to move to Chat (Emma Roth/The Verge)
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Analysis of Stardust period tracking app, the top free app on the US App Store on June 25, shows it shares users' phone numbers with analytics company Mixpanel (TechCrunch)
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Data centers, typically located in suburbs and rural zones, are increasingly being built in urban areas to further reduce internet lag for locals (Michael Waters/MIT Technology Review)
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Strapi, known for its open-source headless CMS, raises a $31M Series B led by CRV and says it plans to launch its Strapi Cloud service in 2023 (Kyle Wiggers/TechCrunch)
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Sunday, 26 June 2022
Dublin-based &Open, which helps brands send both physical and digital gifts at scale, raised a $26M Series A led by Molten Ventures (Vishal Singh/Silicon Canals)
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SSD benchmarks show the 256GB 13" MacBook Pro with M2 has ~50% slower read and ~30% slower write speeds than the previous gen 256GB MacBook Pro with M1 (Joe Rossignol/MacRumors)
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Hundreds of documents detail the software bought by China to sift through its vast troves of surveillance data to "predict" who will become troublemakers (New York Times)
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In the wake of SCOTUS overturning Roe v. Wade, tech companies give "no comment" in response to questions about users' data that can be used in prosecutions (Brian Kahn/Protocol)
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Saturday, 25 June 2022
India's central bank ban on loading non-bank prepaid payment instruments using credit lines has created panic among Indian fintech startups (Manish Singh/TechCrunch)
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UK online grocer Ocado, which licenses its automated warehouse tech to other brands, raised £578M in a share sale and secured a £300M loan facility from banks (Oscar Hornstein/UKTN)
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Leaked investor call: BlockFi backer Morgan Creek Digital aims to raise $250M to counter FTX's BlockFi bailout, since it could wipe out BlockFi shareholders (Tracy Wang/CoinDesk)
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Detroit-based Autobooks, a payment and accounting service for small businesses, raised a $50M Series C led by Macquarie, bringing its total funding to ~$98M (Julie Muhn/Finovate)
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As Apple is expected to announce a headset in January and Meta slows VR investment, a look at opportunities for the VR supply chain and competing headset makers (Ming-Chi Kuo/Medium)
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Friday, 24 June 2022
Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from troubled crypto lender Celsius in the event of a bankruptcy (Tracy Wang/CoinDesk)
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After SCOTUS overturned Roe v. Wade, Apple, Meta, Google, and other tech companies announce or reaffirm policies supporting staff seeking abortion services (Mark Sullivan/Fast Company)
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How TikTok is cashing in on its exploding popularity; source: TikTok plans to grow its e-commerce gross merchandise volume to $2B in 2022 and $23B in 2023 (Zheping Huang/Bloomberg)
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Crypto trading platform Bitpanda, which has 1,000+ staff per LinkedIn and raised $263M at a $4.1B valuation in 2021, says it is cutting its headcount to ~730 (Finextra)
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Tapcheck, an earned wage access service that connects with payroll systems of employers like McDonald's to calculate employee earnings, raised a $20M Series A (FinSMEs)
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Thursday, 23 June 2022
OSOM, founded by ex-Essential employees, scraps its OV1 phone and partners with Solana for Saga, a $1,000 Web3-focused Android phone, to be launched in Q1 2023 (Ben Schoon/9to5Google)
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Cryptoys, which is building blockchain-based kids toys in partnership with Dapper Labs, raised a $23M Series A led by a16z, after a $7.5M seed in October 2021 (Lucas Matney/TechCrunch)
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Sources: the EU is planning a "phase 2" antitrust investigation into Broadcom's $69B VMware acquisition, which could take over one year and derail the deal (Financial Times)
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Wednesday, 22 June 2022
Deno, a runtime for JavaScript, TypeScript, and WebAssembly built using the Rust programming language and the V8 JavaScript engine, raised a $21M Series A (Kyle Wiggers/TechCrunch)
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eBay says it acquired NFT marketplace KnownOrigin, which has facilitated $7.8M in digital collectible trade volume since its 2018 launch, for an undisclosed sum (Oliver Knight/CoinDesk)
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Sources: Comcast and Google are top contenders to help Netflix develop an ad-supported tier, and Netflix has also held talks with Roku (Wall Street Journal)
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Microsoft report details Russian cyber attacks across 40+ countries since the war in Ukraine began, with a 29% success rate and NATO governments prioritized (Zach Schonfeld/The Hill)
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