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Friday, 30 June 2023
A summary of the final day and closing arguments in the FTC v. Microsoft hearing; the FTC focused most of its case on Call of Duty and Xbox console exclusivity (Tom Warren/The Verge)
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Unit21 which helps businesses monitor fraudulent activities raised a $45M Series C to expand its Fintech Fraud DAO data sharing consortium to identify fraud (PYMNTS.com)
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Thursday, 29 June 2023
Can Canada make big tech pay for news? The country is the latest front in a fight that analysts say has big stakes for news - and democracy. June 30 2023 at 06:56AM
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Ontario-based Passage which is building an online service to help immigrants get funding to learn and work in Canada raised a CA$40M seed led by Drive Capital (Josh Scott/BetaKit)
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NYC-based Venn Software which is developing a Secure Enclave product that can be installed on remote employee laptops raised a $29M Series A led by NewSpring (Ryan Naraine/SecurityWeek)
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Wednesday, 28 June 2023
Internal messages: Reddit tells protesting mods that their communities won't remain private beyond the timeframe set for this week to confirm reopening plans (Jay Peters/The Verge)
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Phone monitoring app LetMeSpy used to spy on thousands of Android users says a hacker stole the messages call logs and locations the spyware had intercepted (Zack Whittaker/TechCrunch)
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Cut low-cost broadband VAT to help more online peers say Some people struggle to get online putting them at a disadvantage a Lord's committee says. June 29 2023 at 04:35AM
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Autonomous trucking company TuSimple aims to sell its US business; CEO Cheng Lu says the plan is not the result of pressure due to CFIUS' review of the company (Alan Ohnsman/Forbes)
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Sony accidentally spilled confidential information on Call of Duty's revenue and PlayStation in a court document by making deficient redactions with a Sharpie (The Verge)
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Proton launches its E2E encrypted open-source password manager Proton Pass available for free on iOS Android and as a browser extension (Romain Dillet/TechCrunch)
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Databricks announces LakehouseIQ which lets companies use natural language to search and query their data new tools for its Lakehouse AI platform and more (Andrew Brust/The New Stack)
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New York-based Slang.ai which offers an AI-powered phone answering service for restaurants and retailers raised a $20M Series A led by Homebrew (Carl Franzen/VentureBeat)
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Tuesday, 27 June 2023
Report: Google has canceled its "Iris" AR glasses project and is now focused on creating software platforms for AR to license to headset manufacturers (David Heaney/UploadVR)
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TikTok launches the TikTok Creative Challenge which lets US-based creators with 50K followers submit video ads for brands and make money based on performance (Aisha Malik/TechCrunch)
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Unity's shares jump 14% after it announces its Asset Store will sell third-party "AI solutions" that can generate game dialogue graphics and more (Kif Leswing/CNBC)
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Internal memo: SiriusXM plans to shut down the Stitcher podcast app on August 29 and move subscribers to its flagship SXM app where podcasts will have ads (Ashley Carman/Bloomberg)
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Monday, 26 June 2023
Around 45000 people in Vietnam lost jobs in electronics manufacturing in the first five months of 2023 as Samsung and others substantially slowed production (Lam Le/Rest of World)
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Decentralized social media app Damus says Apple rejected an app update and asked it to either remove its tipping feature or use Apple's in-app purchase system (Aisha Malik/TechCrunch)
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The robotic falcon maker who lost 100000 to cyber criminals John Donald transferred the money to fraudsters as his business struggled during the Covid pandemic. June 26 2023 at 02:10PM
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'We want Brixton to be a black Silicon Valley' A trio of entrepreneurs have raised over 5m to invest in 30 British black-led start-ups by 2026. June 26 2023 at 10:40AM
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NYC says the MOVEit flaw exposed 45K students' data following March 2022's breach of 820K students' data via the Illuminate Education grading software hack (Jessica Gould/Gothamist)
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Sunday, 25 June 2023
A profile of Christina Cacioppo the co-founder and CEO of data security compliance startup Vanta which has an $80M ARR a $1.6B valuation and raised $203M (Phoebe Liu/Forbes)
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An interview with Asana CEO Dustin Moskovitz who became Asana's majority owner after a post-listing share buying spree on AI's risks as a philanthropy focus (Jordan Novet/CNBC)
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As the use of AI-generated ads in political campaigns increases lawmakers political consultants and election researchers push for creating new guardrails (New York Times)
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Saturday, 24 June 2023
FTC v. Microsoft: Phil Spencer says Xbox isn't a "robust business" failing to meet internal targets and the Activision deal is a way to expand into mobile (Tom Warren/The Verge)
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Bluesky publishes proposals for new moderation and safety tooling focusing on user lists and reply controls for community-driven moderation hashtags and more (Bluesky)
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A survey of 305 experts on their expectations for digital advances by 2035 like AI systems and smart eyewear and earbuds and concerns over the darker sides (Pew Research Center)
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The Twitter-to-Mastodon migration that started in November 2022 failed because of Mastodon's exclusionary culture decentralization making the UX worse more (Bloonface/Café Lob-On)
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Friday, 23 June 2023
Social media startup IRL is shutting down after an investigation by its board concluded that 95% of its claimed 20M MAUs were "automated or from bots" (Mark Matousek/The Information)
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At the FTC v. Microsoft hearing Phil Spencer says Microsoft bought ZeniMax for $7.5B to stop Starfield and other Bethesda games becoming PlayStation exclusives (Tom Warren/The Verge)
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A profile of Alibaba co-founder Eddie Wu set to become CEO in the fall who has a close relationship with mentor Jack Ma and will manage the company's breakup (Financial Times)
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Source: Jacob Devlin who quit Google to join OpenAI in January 2023 after complaining Bard was being trained on ChatGPT data has returned to Google (Jon Victor/The Information)
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A profile of Michael Kives a Hollywood agent turned investor as FTX's bankruptcy lawyers sue his VC firm K5 Global to recover $700M that SBF had invested (New York Times)
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Representatives of Prosus and Peak XV formerly Sequoia India resign from Byju's board; Deloitte quit as Byju's auditor over a delay in handing over financials (Manish Singh/TechCrunch)
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Thursday, 22 June 2023
AWS is investing $100M in a new program to help companies use generative AI by connecting them with AI experts with Highspot and Twilio among its first clients (Jordan Novet/CNBC)
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Students switch to AI to learn languages Many people are using AI like ChatGPT to improve their language skills but learning that way has drawbacks. June 23 2023 at 04:30AM
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New York-based Captions an AI-powered video editing app raised a $25M Series B led by Kleiner Perkins bringing its total funding to $40M at a $250M valuation (Rashi Shrivastava/Forbes)
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Filing: Microsoft says Xbox "lost the console wars" with a 16% share of console sales in 2021 behind Nintendo and PlayStation and a 21% installed base share (Rebekah Valentine/IGN)
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Argonne and Intel say they installed the Aurora supercomputer announced in 2015 which will come online later in 2023 with 2 ExaFLOPS of processing power (Anton Shilov/AnandTech)
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