A senior Apple engineer compared App Store's defenses against malicious actors to "bringing a plastic butter knife to a gunfight", according to legal documents Techmeme · 2 days ago
Indian social media startup ShareChat raises $502M from investors including Tiger Global, Snap, and Twitter, at a valuation of $2.1B, and says it has 160M MAUs Techmeme · 3 days ago
Facing a shortage of drivers, Uber will spend $250M on a one-time "stimulus" for US drivers and Lyft is offering $800 bonuses for referring former drivers Techmeme · 3 days ago
Sources: Grab is set to go public in the US through a SPAC merger that will value it at ~$35B, as soon as this week Techmeme · 4 days ago
A record 76 companies suspended their IPO applications for Shanghai's Star Market in March, more than doubling since February, as tech regulatory scrutiny rises Techmeme · 6 days ago
Snap confirms it was testing probabilistic matching to track iOS users for a few months, but will discontinue the program after Apple rolls out tracking changes Techmeme · 1 week ago
UK's Strategic Command relaxes hiring rules to let cyber specialists from the private sector go directly into senior military roles Techmeme · 1 week ago
Deliveroo closed down 26% in its LSE debut, after pricing shares at £3.90, valuing it at £5.2B; the poor debut is likely due to labor practice issues Techmeme · 1 week ago
Sources: UK's CMA is preparing an antitrust investigation into the way Facebook allegedly uses customer data to squash rivals in social media and online ads Techmeme · 3 weeks ago
Sources: Apple sends cease and desist emails to Chinese apps testing CAID, which is designed to track users in spite of Apple's upcoming IDFA privacy changes Techmeme · 3 weeks ago
Germany's data protection watchdog tells European Parliament that Germany had "sent 50+ complaints about WhatsApp" to the Irish DPC and none had been closed Techmeme · 3 weeks ago
UK's 5G spectrum auction raised only £1.36B, just above the £1.1B reserve price and a fraction of the £22.5B 3G auction in 2000 Techmeme · 3 weeks ago
Sources: Baidu is set to raise $3.1B in its Hong Kong secondary listing, after pricing its shares at ~$32.45 each Techmeme · 3 weeks ago
Huawei, Xiaomi, Tencent, and other Chinese internet companies remove Alibaba's popular UC Browser from app stores, following Xi's warning of a crackdown Techmeme · 4 weeks ago
Report: UK tech startups raised a record $15B in 2020, higher than any country besides US and China , and $8B in the first three months of 2021 Techmeme · 4 weeks ago
Sources: Tencent and ByteDance are a testing a new tool called CAID, developed by the China Advertising Association, to bypass Apple's IDFA ad privacy changes Techmeme · 4 weeks ago
Insitro, which uses machine learning to speed up drug discovery, raises $400M led by Canada Pension Plan; other investors include SoftBank, Temasek, and a16z Techmeme · 4 weeks ago
Stripe raises $600M from Sequoia Capital and others at a valuation of $95B, becoming the most valuable private company in Silicon Valley Techmeme · 4 weeks ago
Sources: EU regulators are struggling to gather enough evidence to bring antitrust charges against Amazon despite working on the case for nearly two years Techmeme · 1 month ago
Sources: no deep integration between Facebook and Gojek nine months after the $300M deal; source says Gojek's planned merger with Tokopedia is a factor Techmeme · 1 month ago
Sources: EU is set to press antitrust charges against Apple over App Store rules for competing music streaming services, following a complaint by Spotify Techmeme · 1 month ago
Online reviews site Trustpilot unveils plans for London IPO with plans to raise $50M and hopes for a market value of ~£1B Techmeme · 1 month ago
Skydio raises $171M led by a16z at a valuation of $1B+, the first significant fundraising by a US-based drone maker after China's DJI was blacklisted by the US Techmeme · 1 month ago
Sources: UK is preparing to announce a new tech visa and a £375M fund, with matching VC funding, to be made available to some promising tech startups Techmeme · 1 month ago
Treasury secretary Janet Yellen told G20 ministers that US will drop its "safe harbor" provision for tech companies, allowing a global deal on digital tax Techmeme · 1 month ago
Microsoft says it will work with Europe's four largest news publishing lobbying groups to "mandate payments" for content used by "gatekeepers" Techmeme · 2 months ago
US video streaming giants are finding it more challenging to cash in on India, amid outcries over edgy content and difficulties in convincing consumers to pay Techmeme · 2 months ago
Epic Games files a formal antitrust complaint against Apple to the European Commission, claiming that Apple imposes commercially unviable burdens on rivals Techmeme · 2 months ago
France is pushing for changes to EU's upcoming tech regulations so that member states will have expanded powers to punish bad behavior and police more content Techmeme · 2 months ago
Banks hope to persuade Biden admin that Big Tech and fintech startups should not be able to offer services that compete with banks without facing the same rules Techmeme · 2 months ago
Sources: Microsoft made an offer to acquire Pinterest in recent months; talks are not active right now Techmeme · 2 months ago
Amazon, Apple, Facebook, Google, and Microsoft, whose combined power usage tops 45 TWh/year, compete to buy clean energy and meet their ambitious climate goals Techmeme · 2 months ago
Researchers estimate that the NHS contact tracing app has prevented the transmissions of ~600K coronavirus infections in England and Wales Techmeme · 2 months ago
EU lawmakers are considering regulations that would force Facebook and Google to pay for news content on their platforms, echoing a similar move in Australia Techmeme · 2 months ago
Sources: TikTok has briefed advertisers on new e-commerce tools launching in 2021, including letting popular users add links and earn commission Techmeme · 2 months ago
Analysis: Vision Fund, which posted a record annual loss last March, returned ~$18B to investors by the end of 2020, up from $13.4B it reported in Q3 2020 Techmeme · 2 months ago
A profile of Kuaishou, a Chinese TikTok rival, which is likely to hit a valuation of over $60B during its IPO this week, roughly one-third of ByteDance Techmeme · 2 months ago
Sources: Ant Group plans to sell its Missouri-based biometric security firm EyeVerify ahead of potential fines and restructuring costs following its aborted IPO Techmeme · 2 months ago
Intel says it's investigating the leak of an infographic related to its Q4 earnings report, which prompted its release ahead of stock market close on Thu. Techmeme · 3 months ago
Deliveroo says it has raised $180M in new funding from existing investors led by Durable Capital Partners and Fidelity Management at a $7B+ valuation Techmeme · 3 months ago
Sources: investors, including BlackRock, GIC, and Silver Lake, who invested $10.3B in Ant's 2018 pre-IPO round are left with illiquid stakes after canceled IPO Techmeme · 3 months ago
US commerce department finalizes powers for commerce secretary to issue licenses or block imports of foreign tech including drones and surveillance cameras Techmeme · 3 months ago
Researchers: Telegram, which had 11.9M downloads the week of the Capitol riot, began shutting down public white supremacist groups for the first time Wednesday Techmeme · 3 months ago
Grab raises $300M led by Hanwha Asset Management for its financial services business, which spun out of Grab in 2018 and is now valued at $3B Techmeme · 3 months ago
Hundreds of thousands of Taiwanese companies, including contract electronics manufacturers, are moving away from China over trade tensions and rising costs Techmeme · 3 months ago
Car makers including Volkswagen, Daimler, GM, and Renault are facing a crippling shortage of semiconductors; Volkswagen said it'll produce 100K fewer cars in Q1 Techmeme · 3 months ago
SolarWinds hires ex-CISA Director Christopher Krebs as an independent consultant to help its crisis response after the hack Techmeme · 3 months ago
UK's competition authority launches an investigation into Nvidia's $40B acquisition of Arm, after rivals raised concerns Techmeme · 3 months ago
Researcher: Get Schooled, an education charity setup by Bill Gates and Viacom, left personal details of hundreds of thousands of US students exposed Techmeme · 3 months ago
Fujitsu eyes 20 potential M&A targets as part of a five-year $5.8B plan aiming to strengthen its digital services and capitalize on US-China trade disputes Techmeme · 3 months ago