eMarketer: US advertisers will spend $11.36B on streaming TV commercials on services like Hulu, Pluto TV, and Peacock in 2021, up from $8.11B in 2020
Peacock, Paramount+, Discovery+, and HBO Max are elbowing into the big, messy $11.3 billion market of streaming TV ads.
Report: fintech startups across India, Africa, and Latin America raised a total of $23B since 2017; Indian companies raised $11.6B, including $4.8B just in 2019
Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa, Latin America and India, have comprehensive reports by publications and firms on trends and investments in their individual regions. But there’s hardly a report to […]
Study of 430K+ adolescents from the US and UK finds that there is “little evidence” of a link between teens' technology use and mental health problems
The findings challenge long-held assumptions used to craft policy and legislation governing teen tech use.
A look at the rise of “renderporn”, the aspirational, hyperrealistic interior design imagery on Instagram created using 3D modelling software like SketchUp
“Renderporn” domesticates the aspiration and surreality of the digital age.
The Colonial Pipeline, which transports roughly 45% of fuel consumed on the US East Coast, says it halted all operations due to a cyberattack
The Colonial Pipeline, the main conduit carrying gasoline and diesel fuel to the U.S. East Coast, was shut down by its operator after being hit with a cyberattack.
Global chip shortage is forcing automakers to leave out some high-end features like navigation systems and “intelligent” rearview mirrors from their vehicles
When automakers were first hit with chip shortages at the end of last year, they tried idling factories until the troubles blew over. But with the crisis stretching into its fifth month and getting worse, they’re getting creative to keep at least some production moving forward.
Researchers used an ML algorithm based on neural networks to upgrade a cosmological simulation from low to super resolution, helping to accelerate their studies
Researchers at Carnegie Mellon University have developed a way to create a complex simulated universe in less than a day. The technique, published in this week’s Proceedings of the National Academy of Sciences, brings together machine learning, high-performance computing and astrophysics and will help to usher in a new era of high-resolution cosmology simulations.
Bain & Co: social commerce accounted for ~44% of Southeast Asia's $109B e-commerce market in 2020; Vietnam leads with 65% adoption while Thailand is at ~50%
Samantha Proyrungtong, co-owner of an artisan food shop in downtown Bangkok, keeps three phones and a laptop glued to Facebook and Softbank Group-backed Line Corp.’s social-media app throughout the workday. She needs them not to hear from friends and relatives but to get orders from customers since her shop, Vivin Grocery, relies on chat applications for a big part of its sales of goat cheeses, locally sourced jams and organic vegetables.
Semiconductor firms received more than $12B from equity investors in 2020, up 8x since 2016, as the industry sees a spike in new startups and ideas
While a variety of industries struggle with supplies, semiconductor experts say there are plenty of new ideas and, most surprising, start-ups.
Using PayPal for Twitter's Tip Jar could reveal tipper's address to the recipient and possibly recipient's email to the tipper; Twitter says it will add a label
Sending its users to PayPal has created all sorts of problems that Twitter should have caught ahead of time.
Sources: India has held up approvals for import of WiFi modules from China for months, causing companies like Dell and Xiaomi to delay product launches in India
India has held up approvals for import of wifi modules from China for months, driving companies such as U.S. computer makers Dell (DELL.N) and HP (HPQ.N) and China's Xiaomi (1810.HK), Oppo, Vivo and Lenovo (0992.HK) to delay product launches in a key growth market, two industry sources said.
US endorses Christchurch Call, an effort to stop the spread of extremist content online, which Big Tech signed on to in 2019 and Trump's White House rejected
The United States has joined the Christchurch Call to Action after years of holding back.
Dr. Fill, a puzzle-solving AI, won the American Crossword Puzzle Tournament last week, the first time AI managed to outscore human solvers at the national event
Dr. Fill, a puzzle-solving automaton, came out victorious at last week's national tournament—but human solvers shouldn't throw in the towel just yet.
Court docs detail Apple's app review process: 500+ people review ~100K apps/week, app rejection rate is less than 40%, less than 1% of rejections are appealed
As the Epic Games v. Apple court case goes forward, we have been learning more details about internal discussions within each company about their business models and more. With the testimony of Trystan Kosmynka, one of the heads of the App Store, more information about the App Store review process has been revealed. In a […]
Sennheiser sells its consumer electronics division to Sonova, a Swiss company best known for its medical audio products like hearing aids and cochlear implants
Swiss medical audio giant Sonova has purchased Sennheiser’s consumer business of headphones, earbuds, and soundbars. Sennheiser said it was looking for a buyer for the division in February. The purchase price is €200 million ($241 million).
Flurry analysis: just 4% of iPhone users in the US and 12% worldwide have so far actively chosen to opt into app tracking after the roll out of iOS 14.5
An early look at an ongoing analysis of Apple's App Tracking Transparency suggests that the vast majority of iPhone users are leaving app...
Apple hires ex-Cisco communications chief Stella Low as new VP of worldwide corporate communications; Phil Schiller has been overseeing Apple's PR since 2019
The former Cisco exec will fill a role that’s been vacant for nearly two years.
Apple emails disclosed in Epic trial show that 128M iPhone users, of which 18M were in the US and 55% in China, downloaded apps with XCodeGhost malware in 2015
As part of the trial against Epic Games, Apple released emails that show that 128 million users, of which 18 million were in the U.S., downloaded apps containing malware known as XCodeGhost from the App Store.
Google adds YouTube TV to the main YouTube app on Roku devices and says it is securing “free streaming devices” for customers in case talks with Roku fail
Google is escalating its ongoing dispute with Roku by letting customers stream YouTube TV directly through the YouTube app. The two sides have been unable to reach a new deal to renew YouTube TV’s placement on Roku’s platform.
Interview with Mark Zuckerberg on upgrading Quest with pro features, using VR for fitness, VR for kids, Facebook's plans for its Horizon VR world, and more
Exclusive: Facebook's CEO talks about what the next headset could bring, how fitness plays into the picture and whether there will be kid accounts for VR anytime soon.
Amazon partners with tracker maker Tile and smart lock maker Level to enhance the Sidewalk mesh network that Amazon is now using for its Echo and Ring devices
Amazon partnered with Tile and smart lock maker Level to beef up its mesh network for tracking items.
Apple will probably win the Epic lawsuit, but the trial can motivate Apple to appease developers over the long-term, and avoid even more embarrassing lawsuits
Apple may make concessions even if a judge doesn’t order it to.
Sources: Microsoft will not ship Windows 10X this year and the OS as it was announced will likely never ship as Microsoft concentrates on updating Windows 10
Back in the fall of 2019, Microsoft held a Surface event that will likely go down in history as one of the most ambitious announcements from the company. At the keynote, Microsoft unveiled three new products that were not only completely new for the company but also pushed them in a bold new direction. The …
Amazon says it will postpone Prime Day in India and Canada due to worsening spread of COVID-19, but the event will go on as planned in June in other countries
Prime Day, which typically takes place in July, was postponed to mid-October last year in the U.S. and elsewhere due to the pandemic.
Internal memo: Goldman Sachs informed its markets personnel that a newly created crypto trading desk successfully traded two kinds of bitcoin-linked derivatives
Goldman Sachs formally kicked off the cryptocurrency trading era on Wall Street.
Ada Support, which develops AI-driven customer support chatbots, raises $130M led by Spark Capital at a $1.2B valuation
Chat bot startup Ada Support Inc. said it has raised financing at a $1.2 billion valuation.
Bitski, which builds custom NFT storefronts for brands and creators, raises $19M Series A led by a16z and others including Jay-Z, MrBeast, and Serena Williams
For every crypto-skeptic that sees NFTs as yet another hype bubble, there’s an acolyte who sees NFTs as the key to unlocking the future of the creative web. Bitski, an SF-based startup that builds custom NFT storefronts for brands and creators, is banking on the latter, and they have new investors betting the same. The […]
A look at misconceptions about bitcoin's energy footprint, including how energy consumption does not equal carbon emissions, its use of unused resources, more
It’s a trickier question than you might think.
Material Bank, which runs an online marketplace for architectural and design sample materials, raises $100M Series C at a ~$1B valuation led by General Catalyst
Media entrepreneur Adam Sandow used his experience with design publications to create a marketplace for architectural and construction products. That startup, Material Bank, is now worth nearly $1 billion.
Bill.com, a cloud-based payments service for SMBs, has agreed to acquire expense management software provider Divvy for $2.5B in cash and stock
The boards of the two fintechs have approved the deal, which is expected to close by the end of Bill.com’s first fiscal quarter ending Sept. 30.
How AI Dungeon, a text adventure game that uses the GPT-3 text generator, can create sex scenes involving children, and why attempts to stop it aren't working
The game touted its use of the GPT-3 text generator. Then the algorithm started to generate disturbing stories, including sex scenes involving children.
Dropbox beats Q1 estimates with $511.6M in revenue, up 12% YoY, with 15.83M paying users, up from 14.59M YoY, and average revenue per paying user of $132.55
The cloud-based file sharing company in Q1 saw a 30 percent year-over-year increase in paid users of Dropbox Professional
Researchers detail a new type of attack that could increase the energy consumption of neural networks by adding small amounts of noise to a network's inputs
The latest generation of neural networks are vulnerable to a new kind of attack that makes them use too much energy.
Cloudflare beats expectations in Q1 with revenue of $138.1M, up 51% YoY, vs est. of $131M, customer retention rate of 123%, and large customer count up 70% YoY
Cloudlfare said it had more than 4 million customer’s in Q1.
IAC shareholders will vote on the spinoff of Vimeo on May 14; Vimeo posted Q1 revenue of $89.4M, up 57% YoY
IAC/InterActiveCorp. topped quarterly earnings expectations Thursday, with its Vimeo business posting accelerating revenue growth amid continued demand for...
Square beats in Q1 with revenue of $5.06B, up 266% YoY, with $3.5B in bitcoin revenue, up 11x YoY, gross profit of $964M, up 79% YoY, with $495M from Cash App
Roku beats estimates, with a Q1 net income of $76.3M on revenue of $574.2M, up 79% YoY; new active accounts grew 2.4M, reaching 53.6M, up 35% YoY; stock up ~7%
Roku gained 2.4 million new active accounts in Q1 2021, a slowdown from last year, while it smashed analyst financial expectations.
Inside Zuckerberg's plan to repair Facebook's image, including whimsical jokes on his Page, more media appearances, and discussing product more than policy
During a companywide Q&A with Facebook employees last Thursday, CEO Mark Zuckerberg turned to a question about a recent uptick in posts on his Facebook page, including a joke he made referencing the actor Vin Diesel a few days prior. He acknowledged that his public persona has been “really ...
Court docs show Apple offered Hulu and some other “whitelisted developers” special access to App Store APIs, like the cancel/refund API
Today is the fourth day of the Epic Games v. Apple legal battle, and documents shared in the trial continue to give us insight into the App Store and...
Twitter introduces Tip Jar, allowing everyone using Twitter in English to send tips, and a limited group, including journalists and experts, to accept tips
Today, we're introducing Tip Jar – a new way for people to send and receive tips.
Uber and Lyft have lost a combined market value of $20B+ in the week since the US labor secretary signaled intent to examine the classification of gig workers
Ride-share group’s employment model faces scrutiny from labour secretary Marty Walsh
Lightmatter, which is developing AI chips that use light signals rather than electrical signals, raises $80M Series B, bringing its total raised to about $113M
AI is fundamental to many products and services today, but its hunger for data and computing cycles is bottomless. Lightmatter plans to leapfrog Moore’s law with its ultra-fast photonic chips specialized for AI work, and with a new $80 million round, the company is poised to take its light-powered computing to market. We first covered […]
Netflix is surveying users about their interest in features such as podcasts and user-generated playlists of shows and music, for a project called N-Plus
What is N-Plus from Netflix? Possible new Netflix features: podcasts, user-generated playlists, how-tos? "N-Plus is a future online space where you can learn more about the Netflix shows you love and anything related to them."
Interviews with 17 current and former TikTok employees detail a dysfunctional workplace, beset by secrecy and poor management, as tensions with Trump mounted
The social media app has faced plenty of corporate drama both inside and outside the company, according to interviews with more than a dozen current or former employees.
Drivers say Amazon's US delivery companies are ordering them to turn off an app called Mentor that is designed to prevent accidents by monitoring speed
Drivers say they’re being asked to quietly disable a driver safety system partway through their shifts.
Singapore-based Rainforest, which wants to consolidate Asia-Pacific Amazon Marketplace brands, raises $36M in seed funding led by Nordstar
Singapore-based Rainforest is one of the newest entrants in the wave of startups that “roll-up” small e-commerce brands. Launched in January by alumni from some of Southeast Asia’s top startups, including Carousell, OVO and Fave, Rainforest acquires Amazon marketplace sellers. This is similar to the Amazon-centric approach taken by Thrasio, Branded Group and Berlin Brands […]
Snap to launch a Creator Marketplace later this month to let businesses find Snapchat creators, including lens makers, with plans to expand to Snap Stars
Snap on Wednesday announced its plan to soon launch a Creator Marketplace, which will make it easier for businesses to find and partner with Snapchat creators, including Lens creators, AR creators and later, prominent Snapchat creators known as Snap Stars. At launch, the marketplace will focus on connecting brands and AR creators for AR ads. […]
Huntress, which offers an endpoint security service to IT resellers, raises $40M Series B led by JMI, bringing its total raised to $60M
Huntress, a software-as-a-service cybersecurity platform, raised $40 million in a venture equity round of funding.
Google Play will add an App Store-like safety section starting next year, requiring apps to show details about the data they collect and other privacy info
Apps on Google Play will soon have to give details about what data they collect, as well as other information about their privacy and security practices. Apple added similar information to App Store listings last year.