Showing posts from July, 2021Show All
B2B commerce and financing startup OfBusiness raises $160M led by SoftBank Vision Fund 2 at a valuation of $1.5B, becoming the 18th Indian unicorn for the year (Digbijay Mishra/The Economic Times) TECH REVIEW
Vietnam-based VNLife, the parent company of VNPay, which helps banks provide mobile payment apps and other digital services, raises $250M at a valuation of $1B+ (Nikkei Asia) TECH REVIEW
Educational publisher Pearson says it is switching to a subscription model for all of its 1,500 titles, available for $14.99/month through its new Pearson+ app (Financial Times) TECH REVIEW
The Justice Department says 27 US Attorney offices had at least one employee's Microsoft email account breached by Russian hackers from May 7 to Dec. 27, 2020 (Associated Press) TECH REVIEW
Wyze Labs, which makes devices like smart security cameras, robot vacuums, and smartwatches, raises $110M Series B led by Marcy Venture Partners (Kurt Schlosser/GeekWire) TECH REVIEW
Google contract workers in Pittsburgh have ratified a three-year deal with their employer HCL, for higher wages and more, nearly two years after unionizing (Brian Heater/TechCrunch) TECH REVIEW
US sets new Cuba sanctions as Biden meets Cuban-Americans
Bipartisan spending bill would force reports on Chinese labor practices, Keystone cancellation impact and more
A look at Intel's dismal 2020, which saw the delay of its 7nm architecture, Apple's switch to Arm-based chips, and the departure of Jim Keller and other execs (Chaim Gartenberg/The Verge) TECH REVIEW
Telegram's latest update adds group video calls of up to 1,000 users with 30 simultaneous broadcasts, video messages, screen sharing during video calls, more (Telegram) TECH REVIEW
Modern Animal, a pet care service offering 24/7 telemedicine and a more "intelligent" labor model for veterinarians, raises $40M Series B led by Founders Fund (Igor Bosilkovski/Forbes) TECH REVIEW
Disney mandating COVID-19 vaccinations for salaried and non-union hourly employees
How US sanctions forced Chinese companies to develop key tech themselves, aligning the companies' incentives with China's goal of economic self-sufficiency (Dan Wang/Foreign Affairs) TECH REVIEW
As Southeast Asian governments introduce "fake news" laws to fight COVID-19 misinformation, conspiracists thrive on Telegram and other non-public platforms (Peter Guest/Rest of World) TECH REVIEW
Deliveroo says it plans to pull out of Spain, citing limited market share; Spain unveiled a "rider law" in March to reclassify couriers as employees (Jasper Jolly/The Guardian) TECH REVIEW
[Thread] Facebook's future prospects remain strong as the secular rise of digital advertising blunts any headwinds from regulators, Apple, critics, and others (Eric Seufert/@eric_seufert) TECH REVIEW
China's top court issues new guidelines that hotels, airports, and other commercial venues must get consent from customers to use facial recognition from Aug. 1 (Eva Dou/Washington Post) TECH REVIEW
Safari's extremely slow pace in adopting popular features and fixing showstopping bugs, and refusal to engage with contentious API proposals, is harming the web (Tim Perry/HTTP Toolkit) TECH REVIEW
Walmart says corporate staff, management must be vaccinated by October
House Dems make last-ditch effort to extend eviction moratorium
Two-star general warns US military: 'China is on the march'
Bipartisan infrastructure plan is the ‘Trojan horse’ for massive tax increases: Marc Short
Germany to allow institutional funds, which currently manage a total of ~$2.1T, to hold up to 20% of their holdings in Bitcoin and other crypto assets (Stephan Kahl/Bloomberg) TECH REVIEW
A look at the fallout from the Activision Blizzard suit, as the company confirms it fired WoW lead for misconduct last year and hires "union-busting" law firm (Nick Statt/Protocol) TECH REVIEW
Profile of Israeli surveillance startup Paragon, funded with $5-10M from US-based Battery, which sources say allows police to hack encrypted messaging apps (Thomas Brewster/Forbes) TECH REVIEW
Researchers detail a never-before-seen attack against Iran's train system and transport ministry from a new threat actor using a reusable wiper called Meteor (Jonathan Greig/ZDNet) TECH REVIEW
Robinhood IPO gives founders Tenev, Bhatt a net worth of $4.6B combined
Canada proposes the creation of a digital safety commissioner role to oversee violations of new harmful online content rules and issue penalties to platforms (Kieran Leavitt/Toronto Star) TECH REVIEW
Amazon beats on earnings, falls short on sales estimates
Most expensive cities for construction in 2021: report
Interactive Brokers CEO welcomes Robinhood to big leagues