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Twitterโ€™s problems in India, Didiโ€™s problems in China, and GETTERโ€™s problems online
Tech, Media, and Business News Headlines โ€” issue no. 347

๐Ÿฆ๐Ÿ‡ฎ๐Ÿ‡ณ In a court filing, Indian government says #Twitter has lost its liability protection in #India since it's failed to comply with IT rules introduced in February ๐Ÿ”—


๐ŸŽฎ #Nintendo announces an updated #NintendoSwitch with a larger 7-inch 720P OLED display, 64GB storage, improved audio, and more, on sale starting October 8 for $350 ๐Ÿ”—


๐Ÿš•๐Ÿ‡จ๐Ÿ‡ณ Sources: weeks before #DidiChuxingโ€™s #US IPO, the Chinese regulator that eventually ordered Didi's app banned had suggested to the company that it delay the listing ๐Ÿ”—
๐Ÿ‘‰ Didi shares fell as much as 30% in pre-market trading after a Chinese regulator ordered it to be removed from app stores, wiping out ~$22B of market value ๐Ÿ”—


๐Ÿ‘‰ #GETTR, the new pro #Trump social platform, acknowledges it was hacked on its July 4 launch, with the usernames of prominent accounts being defaced ๐Ÿ”—


๐ŸŽ #Rimac takes over #Bugatti from #VW in powerhouse electric supercar deal ๐Ÿ”—


๐Ÿ‘‰ #AndyJassy officially takes over as #Amazon CEO from #JeffBezos ๐Ÿ”—


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โ€‹โ€‹$10B Pentagon contract, Binance in the EU, Microsoftโ€™s updates
Tech, Media, and Business News Headlines โ€” issue no. 348

๐Ÿ‘‰ The #Pentagon has canceled the $10B JEDI cloud contract that was awarded to #Microsoft but faced legal challenges from #Amazon, announced new multivendor contract ๐Ÿ”—


๐Ÿ‡บ๐Ÿ‡ธ Source: #Biden will direct the #FTC to draft new right-to-repair rules, with an explicit mention of mobile phone manufacturers expected in the directive ๐Ÿ”—


๐Ÿ‡ท๐Ÿ‡บ๐Ÿ‡บ๐Ÿ‡ธ Sources: #Russia-backed hacking group #APT29 breached the #RNC last week, possibly via IT provider #Synnex; RNC says there's is no indication it was hacked ๐Ÿ”—


๐Ÿ‡ช๐Ÿ‡บ #Binance says it will temporarily suspend euro bank deposits from the #EU's Single Euro Payments Area network due to โ€œevents beyond our controlโ€ ๐Ÿ”—


๐Ÿ‘‰ #Facebook waiving #FacebookBulletin's fees at launch is a classic Silicon Valley tactic used to quash competitors, exemplifying a strategy critics think should be illegal ๐Ÿ”—


๐Ÿ–จ Microsoft releases emergency update to patch the โ€œPrintNightmareโ€ vulnerability impacting Windows Print Spooler, which could allow attackers remote PC access ๐Ÿ”—


๐Ÿ‘‰ #TikTok appears to be testing a #Cameo-like feature called โ€œShoutoutsโ€ that lets users buy custom videos from creators, in select regions not including the US ๐Ÿ”—


๐Ÿ‘‰ #Microsoftโ€™s new #MicrosoftOffice UI now available for testers ๐Ÿ”—


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โ€‹โ€‹Trumpโ€™s back with a lawsuits, Bidenโ€™s next EO, and Sonyโ€™s ad gone wrong
Tech, Media, and Business News Headlines โ€” issue no. 349

๐Ÿ‘‰ #Square announces it will build a hardware wallet for #bitcoin, after #JackDorsey had discussed the possibility of creating one in June ๐Ÿ”—


๐Ÿ‡บ๐Ÿ‡ธ #Biden to sign an EO calling on regulators to enact reforms such as increasing scrutiny of tech mergers and focusing more on moves like โ€œkiller acquisitionsโ€ ๐Ÿ”—


๐Ÿ› #Microsoft says its bug bounty program paid $13.6M to 341 security researchers in the past 12 months, down slightly from the $13.7M it paid a year ago ๐Ÿ”—


๐Ÿง‘โ€โš–๏ธ๐Ÿ‡ฆ๐Ÿ‡บ #Australia's Federal Court reverses earlier ruling and allows #EpicGamesโ€™s antitrust case against #Apple's #AppStore to proceed; Apple says it will appeal the judgment ๐Ÿ”—


๐Ÿ‡บ๐Ÿ‡ธ Donald #Trump sues #Facebook, #Twitter, and #YouTube, as well as #MarkZuckerberg, #JackDorsey, and #SundarPichai, claiming the companies have violated his First Amendment rights ๐Ÿ”—


๐Ÿ’ฌ #WhatsApp will let you send images and videos in their โ€˜best qualityโ€™ ๐Ÿ”—


๐ŸŽฎ #Sony posts and deletes ad featuring an upside-down #PS5 ๐Ÿ”—


๐Ÿ‡จ๐Ÿ‡ณ๐Ÿณ๏ธโ€๐ŸŒˆ #WeChat deleted accounts of student #LGBTQ groups in #China ๐Ÿ”—


๐Ÿฆ๐Ÿ‡ฎ๐Ÿ‡ณ #Twitter will comply with #Indiaโ€™s new rules to keep its legal immunity ๐Ÿ”—


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โ€‹โ€‹Microsoftโ€™s new acquisition, Samsungโ€™s event leaks, and Amazonโ€™s radar sensors to track your sleep
Tech, Media, and Business News Headlines โ€” issue no. 350

๐Ÿ‘‰ Sources: #Microsoft has agreed to acquire SaaS security intelligence company #RiskIQ; a source says Microsoft will pay over $500M ๐Ÿ”—


๐Ÿ‘‰ Leaker #EvanBlass tweets that #Samsung's Galaxy Unpacked event will be on August 11 and shares renders of new phones, smartwatches, and wireless earbuds ๐Ÿ”—


๐Ÿ’ค #FCC approves #Amazon's request to use โ€œRadar Sensorsโ€ to sense motion and โ€œenable contactless sleep tracing functionalitiesโ€ ๐Ÿ”—


๐Ÿ‡จ๐Ÿ‡ณ Sources: #ByteDance put its #US or #HongKong IPO plans on hold in March after meeting with regulators in #China, which asked the company to address security issues ๐Ÿ”—


๐Ÿฟ #Disney says #Marvel's Black Widow has earned $60M+ on opening weekend via its Premier Access program, which lets #DisneyPlus subscribers rent the movie for $30 ๐Ÿ”—


๐Ÿ‘‹ Exclusive #TED chats are coming to #Clubhouse ๐Ÿ”—


๐Ÿ‘‰ The #FTC has reportedly opened an investigation into #Amazonโ€™s #MGM acquisition ๐Ÿ”—


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Google fined in France, bitcoins seized in the UK, and internet blocked in Cuba
Tech, Media, and Business News Headlines โ€” issue no. 351

๐Ÿฆ After a user highlighted them, #Twitter confirms it inadvertently verified six accounts and says the โ€œinauthenticโ€ accounts are now suspended and badges removed ๐Ÿ”—


๐Ÿ‡ซ๐Ÿ‡ท #France fines #Google $593M for failing to comply with a 2020 order to negotiate in good faith with publishers for displaying article snippets in #GoogleNews ๐Ÿ”—


๐Ÿ‡ฌ๐Ÿ‡ง #UK London Met #Police says it seized ~ยฃ180M in #bitcoin while investigating international money laundering, after seizing ยฃ114M of #cryptocurrencies last month ๐Ÿ”—


๐Ÿ‡จ๐Ÿ‡บ In response to protests, #NetBlocks says #Cuba's state-run ISP has restricted social media and messaging apps, including #Facebook, #Instagram, and #WhatsApp ๐Ÿ”—


๐Ÿค– #Google unveils a feature for #Android12 that lets users play a game from the #PlayStore before it's fully downloaded, available with โ€œminimal developer effortโ€ ๐Ÿ”—


๐Ÿ‘‰ #GoogleMeet starts enforcing a 60-minute time limit on group calls for free #Gmail users ๐Ÿ”—


๐Ÿ‘‰ Authenticated brand logos in #Gmail will roll out over the coming weeks ๐Ÿ”—


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Spyware on the loose, attraction value in Italian museum, and Teslaโ€™s self driving subscription
Tech, Media, and Business News Headlines โ€” issue no. 352

โ˜ ๏ธ #PegasusSpyware used to target phones of journalists and activists, investigation finds ๐Ÿ”—


๐Ÿ‘‰ #Facebook says their data shows a 50% decline in #vaccine hesitancy among US users, refuting #Biden's claim that it's โ€œkilling peopleโ€ by allowing #COVID19 #misinfo ๐Ÿ”—


๐Ÿ‘‰ #Zoom says it will acquire #Five9, which makes cloud-based call center software for sales, marketing, and support, in an all-stock deal valued at ~$14.7B ๐Ÿ”—


๐Ÿ‡ฎ๐Ÿ‡น A museum in #Italy is using cameras to monitor people looking at artwork, to define a work of art's โ€œattraction valueโ€ and accordingly change museum layouts ๐Ÿ”— #AttentionEconomy


๐Ÿ‘‰ #Tencent to buy British video game developer #SumoGames for $1.27B, a 43% premium on Sumo's Friday closing price ๐Ÿ”—


๐Ÿ“ฑ #Huaweiโ€™s P50 flagship will launch on July 29th ๐Ÿ”—


๐Ÿ“ฑ Latest leaks indicate new #iPhone may have always-on displays like #AppleWatch ๐Ÿ”—


๐Ÿš— #Tesla Full Self Driving subscriptions are now available for $199 a month ๐Ÿ”—


๐Ÿ” #WhatsApp tests encrypted cloud backups on #Android ๐Ÿ”—


๐Ÿ‘‰ #Google redesigns its #emoji to be more universal and authentic ๐Ÿ”—


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Astronaut Bezos in space, spyware on phones, and new ads format on TikTok
Tech, Media, and Business News Headlines โ€” issue no. 353

๐Ÿš€ #BlueOriginโ€™s New Shepard carries #JeffBezos and three crew members to space and back ๐Ÿ”—


โ˜ ๏ธ #AmnestyInternational researchers published a toolkit to help anyone scan their #iPhone and #Android devices for evidence of compromise by #NSO's #PegasusSpyware ๐Ÿ”—


๐ŸŽ Sources: #Apple is delaying return to office deadline by at least a month to October amid rising #COVID19 cases, will give employees a month's notice before return ๐Ÿ”—


๐Ÿ‘‰ #YouTube acquires #India-n social commerce startup #Simsim ๐Ÿ”—


๐Ÿ‘‰ Sources: a group of #Facebook data scientists asked for resources to measure #COVID19 #misinfo on Facebook at the start of the pandemic, but execs denied the request ๐Ÿ”—


๐Ÿ“ฑ CIRP: #Android and #iOS each accounted for 50% of smartphone activations in the #US in Q2, the same as Q2 2020, after iOS' share climbed steadily from 31% in 2017 ๐Ÿ”—


๐Ÿ“ง #DuckDuckGo launches a new Email Protection service that forwards emails from a free โ€œ@duck.comโ€ address to users' regular inbox after scanning them for trackers ๐Ÿ”—


๐Ÿ‘‰ #TikTok launches Spark Ads, an ad format that allows brands to sponsor already published posts with the post creators' approval, potentially cutting out agencies ๐Ÿ”—


๐Ÿ‘‰ #Adobe releases #AppleSilicon M1 support for #PremierePro ๐Ÿ”—


๐Ÿ‘ป #Snapchat will let you pose your #Bitmoji on your profile in 3D ๐Ÿ”—


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โ€‹โ€‹Netflixโ€™s expansion into gaming, next Samsung event, and TweetDeckโ€™s overhaul
Tech, Media, and Business News Headlines โ€” issue no. 354

๐ŸŽฎ #Netflix says its expansion into gaming will start with mobile games, which will be included with a subscription at no additional cost ๐Ÿ”—


โ˜Ž๏ธ Phone numbers belonging to ten prime ministers, three presidents, and a king were among the list of 50K potential #NSO targets, leaked to #AmnestyInternational ๐Ÿ”—


๐Ÿ‘‰ #Samsung announces its next #GalaxyUnpacked event will be held virtually on August 11, where it is expected to unveil new foldables ๐Ÿ”—


๐Ÿฆ #Twitter begins rolling out a preview of a revamped #TweetDeck in the #US, #Canada, and #Australia, featuring an option for wider columns, an Explore column, more ๐Ÿ”—


๐Ÿ‘‰ #Instagram is rolling out a new feature that lets users control โ€œsensitive contentโ€ in the Explore tab, with settings to โ€œAllowโ€, โ€œLimitโ€, and โ€œLimit Even Moreโ€ ๐Ÿ”—


๐Ÿ‘‰ #Instagram is testing a new feature called Collab in #India and the #UK that lets users invite a public account as a collaborator on a post or a #Reel ๐Ÿ”—


๐Ÿ“บ #YouTube debuts Super Thanks, which lets users tip creators for individual uploaded videos rather than livestreams and have their message highlighted in comments ๐Ÿ”—


๐Ÿ‘ป #HBOMax partners with #Snapchat to let users in the #US co-watch pilots of select series with up to 63 other users for free via a #SnapMini ๐Ÿ”—


๐Ÿ‘‰ #GoogleChrome 92 for #iOS enables Face ID and Touch ID protection of Incognito tabs, โ€œFull Pageโ€ screenshot support, and more ๐Ÿ”—


๐Ÿ—บ #GoogleMaps expands its crowdedness predictions to 10K+ transit agencies in 100 countries, and will show how crowded individual carriages are in NYC and Sydney ๐Ÿ”—


#๏ธโƒฃ #EarningsCalls

๐Ÿ’ฒ #Netflix Q2: revenue of $7.34B vs. $7.32B est., up 19% YoY, global paid net additions of 1.54M vs. 1.19M expected; US and Canada region lost 433K subs QoQ ๐Ÿ”—


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โ€‹โ€‹Clubhouse is now open, Twitterโ€™s testing upvote & downvotes, and Facebookโ€™s slow fight with misinfo
Tech, Media, and Business News Headlines โ€” issue no. 355

๐Ÿฆ #Twitter is testing upvote and downvote buttons on replies ๐Ÿ”—


๐Ÿ‘‹ #Clubhouse is no longer invite-only as it exits beta and says the 10M people on its waitlist will be added to the app over time ๐Ÿ”—


๐Ÿ‘‰ #Google rolls out Backup by Google One, a unified #Android cloud backup that syncs app data, messages, photos, and more; Backup replaces the Play Services tool ๐Ÿ”—


๐Ÿš“ Police in #Spain have arrested #UK citizen Joseph O'Connor at the #US' request over his alleged involvement in last year's #hack of high-profile #Twitter accounts ๐Ÿ”—


๐Ÿ‘‰ #Facebook hides the tag #VaccinesKill from searches, displaying a message that says it is โ€œkeeping our community safeโ€, two years after #Instagram hid the tag ๐Ÿ”—


๐Ÿ“บ #YouTube says it will test a new feature that will allow viewers to shop for products directly from livestream videos, starting with a few creators and brands ๐Ÿ”—


๐Ÿ˜ท #LG adds mic and speakers to its air-purifying mask, launching next month ๐Ÿ”—


๐Ÿ‘‰ #Instagram can now automatically translate text in stories ๐Ÿ”—


๐Ÿ‘‰ #Tumblr debuts Post+, a subscription service for Gen Z creators ๐Ÿ”—


๐Ÿ‘‰ #Zoom will now let you add third-party apps to your calls ๐Ÿ”—


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Section 230, more transparency from Google, and what happens when a porn company buys an old domain
Tech, Media, and Business News Headlines โ€” issue no. 356

๐Ÿ‘‰ Two Democratic senators introduce a bill to strip away social media platforms' #Section230 liability shield if they amplify harmful public health misinformation ๐Ÿ”—


๐Ÿ‘‰ #Google updates its โ€œAbout This Resultโ€ panel with more context about the specific search result, including matching keywords, related terms, and local relevance ๐Ÿ”—


๐Ÿคฆโ€โ™‚๏ธ Old stories on news sites including #WashingtonPost & #NYMag are displaying embedded porn videos after the domain for the defunct video service #Vidme was bought by a porn company ๐Ÿ”—


๐Ÿ‘‰ #Arm details #PlasticARM, a 32-bit processor built on a flexible substrate, that it says can lead to embedding of low-cost, ultrathin chips into everyday objects ๐Ÿ”—


๐Ÿ‘‰ #Google is rolling out a fix for a bug in #ChromeOS 91, apparently caused by a single typo, which locked #Chromebook owners out of devices upon restarting ๐Ÿ”—


๐ŸŽง #Spotify partners with #GIPHY to connect users with artistsโ€™ music via GIFs ๐Ÿ”—


๐ŸŽง #OnePlus announces $150 Pro noise cancelling earbuds, coming September 1st ๐Ÿ”—


๐Ÿ”‹ #MercedesBenz to build eight battery factories in push to become electric-only automaker by 2030 ๐Ÿ”—


๐Ÿฆ #Twitter may be adding voice effects to #TwitterSpaces ๐Ÿ”—


๐Ÿ‘‰ #EpicGames files new complaint in its #antitrust suit against #Google ๐Ÿ”—


๐Ÿ‘ป #Snapchat added 55 million daily users last quarter ๐Ÿ”—


๐Ÿ‘‰ #GoogleDrive will let you block other users to stop potential harassment ๐Ÿ”—


#๏ธโƒฃ #EarningsCalls

๐Ÿ’ฒ #Twitter Q2: revenue of $1.19B, up 74% YoY, vs $1.07B est., ad revenue of $1.05B, up 87% YoY, and mDAUs of 206M, up 11% YoY ๐Ÿ”—

๐Ÿ’ฒ #Snap Q2: revenue of $982M, up 116% YoY, DAUs up 23% YoY to 293M, and net loss shrunk 53% YoY to $152M ๐Ÿ”—

๐Ÿ’ฒ #Intel Q2: revenue of $18.5B, up 2% YoY, vs. $17.8B est., Data Center Group revenue of $6.5B, down 9% YoY, while PC unit sales were up 33% YoY ๐Ÿ”—


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Apple Silicon in Apple Displays, Facebook in mixed reality, and Apple Music on Android
Tech, Media, and Business News Headlines โ€” issue no. 357

๐Ÿ–ฅ Sources: #Apple is testing a new external display with a dedicated #AppleSilicon that includes a Neural Engine ๐Ÿ”—


๐Ÿ‘‰ #Facebook announces the #PassthroughAPI, which allows #Oculus Quest 2 developers to use real-world images collected via sensors to create mixed reality apps ๐Ÿ”— #AR #VR


๐ŸŽง #AppleMusic brings its spatial audio and lossless streaming to #Android ๐Ÿ”—


๐ŸŽฎ #Facebook brings cloud gaming to #Apple devices with a web app ๐Ÿ”—


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โ€‹โ€‹China goes after big tech, Facebook goes after God, and Spotifyโ€™s new feed
Tech, Media, and Business News Headlines โ€” issue no. 358

๐Ÿ‡จ๐Ÿ‡ณ #China issues regulations for food delivery platforms, mandating minimum wage, respect for worker rights, and more, leading to #Meituan shares dropping by 14%+ ๐Ÿ”—


โ›ช๏ธ As part of its expanded outreach to #US churches, #Facebook is offering subscription tools for exclusive content and donation tools during live streams ๐Ÿ”—


๐ŸŽง #Spotify adds an attention-grabbing โ€˜Whatโ€™s Newโ€™ feed ๐Ÿ”—


๐Ÿ‘‰ Leaked #Microsoft #SurfaceDuo 2 photos reveal new triple camera system ๐Ÿ”—


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โ€‹โ€‹Instagramโ€™s latest features, Facebookโ€™s steps to protect the youth, Clubhouseโ€™s growth
Tech, Media, and Business News Headlines โ€” issue no. 359

๐Ÿ‘‰ #Instagram announces changes for teen accounts, including making them private by default and restricting messages from โ€œsuspiciousโ€ adults ๐Ÿ”—


๐Ÿ‘‰ #Instagram now supports 60-second videos on #Reels, its #TikTok clone ๐Ÿ”—


๐Ÿ‘‰ #Facebook will restrict how advertisers can target users under 18 across Facebook, #Instagram, and #FacebookMessenger, only allowing age, gender, and location targeting ๐Ÿ”—


๐Ÿ‘‹ #SensorTower: #Clubhouse had 484K global installs from July 21 to 25, up 17% from the previous five days, after moving from invite-only to general availability ๐Ÿ”—


๐Ÿ‘‰ #WhatsApp reportedly developing #iOS to #Android transfer option for chat history ๐Ÿ”—


๐Ÿง‘โ€โš–๏ธ #eBay cyberstalking conspirator sentenced to 18 months in prison ๐Ÿ”—


๐ŸŽง #Spotify adds Whatโ€™s New feed for all the artists and podcasts you follow ๐Ÿ”—


๐Ÿฆ #Twitter is testing notices that tell you if your account is suspended or locked ๐Ÿ”—


#๏ธโƒฃ #EarningsCalls

๐Ÿ’ฒ #Apple Q3: revenue of $81.4B, up 36% YoY, net income of $21.7B, up from $11.2B YoY, Services sales of $17.4B, up from $13.2B YoY, iPhone sales of $39.6B ๐Ÿ”—


๐Ÿ’ฒ #Microsoft Q4: revenue up 21% YoY to $46.2B, net income up 47% YoY to $16.5B, commercial cloud revenue up 36% YoY to $19.5B, LinkedIn revenue up 46% YoY ๐Ÿ”—


๐Ÿ’ฒ #Alphabet Q2: revenue of $61.88B, up 62% YoY, operating income of $19.36B, up 31% YoY, #Google Cloud operating loss down to $591M ๐Ÿ”—


๐Ÿ’ฒ #Spotify Q2: revenue of โ‚ฌ2.3B, up 23% YoY, as ad revenue jumped 110% YoY to โ‚ฌ275M; paying subscribers reached 165M, up 20% YoY, total MAUs reached 365M ๐Ÿ”—


๐Ÿ’ฒ #Shopify Q2: revenue of $1.12B, up 57% YoY, surpassing $1B for the first time; gross merchandise volume was up 40% YoY to $42.2B ๐Ÿ”—


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Vaccine mandates, Robinhoodโ€™s IPO, and Google against โ€œsugar datingโ€
Tech, Media, and Business News Headlines โ€” issue no. 360

๐Ÿ’‰ #Google says anyone coming to work at its campuses must be vaccinated, starting in the #US, and will delay the return to offices from September until mid-October ๐Ÿ”—
๐Ÿ’‰ #Facebook says it will require its #US staff be vaccinated before returning to offices this fall, and will work around medical or other #vaccine exemptions ๐Ÿ”—
๐Ÿ’‰ #Netflix will mandate #COVID19 vaccinations on productions in the #US ๐Ÿ”—


๐Ÿฆ #Twitter closes its NY and SF offices, two weeks after reopening, and pauses further office reopenings, after โ€œconsideration of the CDC's updated guidelinesโ€ ๐Ÿ”—


๐ŸŽ In a memo, #Apple says it plans to restore a mask requirement for staff and customers at most of its #US retail stores on Thursday, due to rising COVID cases ๐Ÿ”—


๐Ÿน #Robinhood raises $2.1B in its #IPO after selling 55M shares at the low end of its $38 to $42 range, giving it a valuation of $31.8B ๐Ÿ”—


๐Ÿฆ #Twitter says it is testing Shop Module, a new shopping section that brands can add to the top of their profiles, launching in the #US on #iOS ๐Ÿ”—


๐Ÿ“ฑ #Huaweiโ€™s P50 announced with #Snapdragon 888 and #HarmonyOS ๐Ÿ”—


๐Ÿฌ #Google is kicking โ€˜sugar datingโ€™ apps out of the #PlayStore ๐Ÿ”—


โœณ๏ธ #Spotifyโ€™s #Clubhouse rival, #SpotifyGreenroom, tops 140K installs on #iOS, 100K on #Android ๐Ÿ”—


๐Ÿ‘ป #Snapchat adds My Places feature to #SnapMap, recommending spots to visit ๐Ÿ”—


#๏ธโƒฃ #EarningsCalls

๐Ÿ’ฒ #Facebook Q2: revenue of $29.08B, up 56% YoY, MAUs of 2.9B, up 7% YoY, headcount of 63,404, up 21% YoY ๐Ÿ”—


๐Ÿ’ฒ #Samsung Q2: profit of $10.8B, up 54% YoY, on $55.2B revenue; its chips business accounted for nearly half the profit; mobile division revenue declined QoQ ๐Ÿ”—


๐Ÿ’ฒ #Qualcomm Q3: revenue of $8B, up 63% YoY, net income of $2.2B, up 124% YoY, chip segment revenue of $6.47B, up 70% YoY, and a strong Q4 revenue forecast ๐Ÿ”—


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Binance is trying, Snapchat is crashing, and Amazon
Tech, Media, and Business News Headlines โ€” issue no. 361

๐Ÿ’น #Binance says it will wind down futures and derivatives trading in #Europe, amid regulatory pressure; users will have 90 days to close from a date specified later ๐Ÿ”—


๐Ÿ‘ป #Snap says it resolved an issue that prevented some #Snapchat users from logging in and advises users to manually update the app if the issue persists ๐Ÿ”—


๐Ÿง  #Neuralink, #ElonMusk's brain-computer interface company, raises $205M Series C led by Vy Capital, with GV and others participating ๐Ÿ”—


๐Ÿ‡ฎ๐Ÿ‡ท #Hackers used never-before-seen wiper in recent attack on #Iran-ian train system ๐Ÿ”—


๐Ÿ‘‰ #PayPalโ€™s new โ€˜super appโ€™ is ready to launch, will also include messaging ๐Ÿ”—


๐Ÿ•ถ #Facebookโ€™s next product will be its long-awaited #RayBan smart glasses ๐Ÿ”—


๐Ÿ‡ช๐Ÿ‡บ #EU fines #Amazon a record $887 million over #privacy violations - #GDPR ๐Ÿ”—


#๏ธโƒฃ #EarningsCalls

๐Ÿ’ฒ #Amazon Q2: revenue of $113.08B vs. $115.2B est., net sales grew 27% YoY, net income of $7.8B, and AWS net sales of $14.8B, up 37% YoY ๐Ÿ”—


๐Ÿ’ฒ #Pinterest Q2: misses on user growth with 454M MAUs vs. 482M est.; revenue beats the estimates with $613M, up 125%+ YoY, vs. $562.1M est. ๐Ÿ”—


๐Ÿ“ฐ @iXDaily by @PerspectiveIX
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โ€‹โ€‹Squareโ€™s biggest acquisition, Zoomโ€™s and Teslaโ€™s settlements, and leaked Galaxy Watch photos
Tech, Media, and Business News Headlines โ€” issue no. 362

๐Ÿ’ฐ #Square says it's buying #Australia-based buy now, pay later service #Afterpay for $29B in an all-stock deal, paying a 30% premium on Afterpay's last closing ๐Ÿ”—


๐Ÿ‘‰ #Zoom agrees to pay $85M and bolster its security practices to settle a class action lawsuit over alleged user privacy violations and #Zoombombing ๐Ÿ”—


๐Ÿ‡ณ๐Ÿ‡ฌ #Nigeria is now second only to the #US in #bitcoin trading volume, hitting $2.4B in May from $684M in Dec. 2020, as the government tries and fails to curb its use ๐Ÿ”—


๐Ÿ‡ฌ๐Ÿ‡ง Filings: #Starlink has secured a license to build a satellite ground station on the Isle of Man, aiming to provide โ€œblanket coverageโ€ across #GreatBritain ๐Ÿ”—


๐Ÿต Profile of #BoredApeYachtClub, an #NFT collection that sold for $2M+ in April, spawned a collector community, and has since seen ~$100M in trading activity ๐Ÿ”—


๐Ÿ’ง #Leaked #GalaxyWatch photos show #Samsung and #Googleโ€™s new smartwatch OS on an actual device ๐Ÿ”—


๐Ÿ‘‰ #Telegramโ€™s group video calls can now have up to 1,000 viewers ๐Ÿ”—


๐Ÿš€ Watchdog dismisses #BlueOriginโ€™s challenge to #NASAโ€™s lunar lander program in giving #SpaceX a contract ๐Ÿ”—


๐Ÿ”‹ #Tesla agrees to pay $1.5 million to settle battery throttling lawsuit. Each affected owner will get $625 ๐Ÿ”—


#๏ธโƒฃ #EarningsCalls

๐Ÿ’ฒ #Square Q2: revenue of $4.88B, up 143% YoY, while its #CashApp service's #bitcoin yearly revenue was $2.72B, up 200% ๐Ÿ”—


๐Ÿ“ฐ @iXDaily by @PerspectiveIX
๐Ÿ“ก Donโ€™t miss our weekly newsletter.