Friday, February 26, 2021

Sources: Biden admin plans to allow a Trump-era rule in March enabling Commerce Dept. to ban tech business transactions with China it feels are security threats (John D. McKinnon/Wall Street Journal)

John D. McKinnon / Wall Street Journal:
Sources: Biden admin plans to allow a Trump-era rule in March enabling Commerce Dept. to ban tech business transactions with China it feels are security threats  —  Biden administration plans to let the Trump-era rule on technology purchases and deals take effect, despite U.S. business objections about its scope



Sources: Robinhood is planning to confidentially file for an IPO as soon as next month (Bloomberg)

Bloomberg:
Sources: Robinhood is planning to confidentially file for an IPO as soon as next month  —  Robinhood Markets Inc., the trading platform behind the boom-and-bust swing in GameStop Corp.'s shares, plans to file confidentially for an initial public offering as soon as March, according to people familiar with the matter.



Sources detail Google's troubles with game development as the company couldn't stomach the complicated creative process amid Stadia's poor streaming numbers (Cecilia D'Anastasio/Wired)

Cecilia D'Anastasio / Wired:
Sources detail Google's troubles with game development as the company couldn't stomach the complicated creative process amid Stadia's poor streaming numbers  —  The tech giant hired 150 game developers for Stadia Games and Entertainment, only to lay them all off.  Sources say it never gave the studios a chance.



Sources: SentinelOne, which develops AI-based endpoint security for all devices and services in a network, is preparing for an IPO that could value it at $10B+ (Bloomberg)

Bloomberg:
Sources: SentinelOne, which develops AI-based endpoint security for all devices and services in a network, is preparing for an IPO that could value it at $10B+  —  - SentinelOne is interviewing banks and might list this year  — Company could seek a valuation of more than $10 billion



Google is sharing data about distortions in light waves passing through its undersea cables with seismologists to help them detect earthquakes (Justine Calma/The Verge)

Justine Calma / The Verge:
Google is sharing data about distortions in light waves passing through its undersea cables with seismologists to help them detect earthquakes  —  That data could one day warn people about tsunamis  —  The web of undersea cables that transmit data around the world could one day be used …



The SEC suspends trading of 15 lesser-known stocks after suspicious social media promotion raised concerns that their stock prices were artificially inflated (Bloomberg)

Bloomberg:
The SEC suspends trading of 15 lesser-known stocks after suspicious social media promotion raised concerns that their stock prices were artificially inflated  —  - Wall Street watchdog temporarily halts trading in 15 stocks  — Regulator says it's actively monitoring online message boards



Thursday, February 25, 2021

Salesforce full-year profit forecast disappoints, shares drop

The software company raised its fiscal 2022 revenue forecast slightly to between $25.65 billion and $25.75 billion, above analysts' average estimate of $25.42 billion. https://ift.tt/3knsWAZ

TikTok owner ByteDance to pay $92million in US privacy settlement

https://ift.tt/3q051IS

Facebook switches news back on in Australia, signs content deals

https://ift.tt/3pRAMnz

How to link PAN card with Aadhaar

The government of India is making PAN-Aadhaar linking mandatory from March 31, 2021. Failing to do so will not only result in a penalty of Rs 10,000 under Section 272B of Income Tax Act, but also make the PAN null and void. https://ift.tt/37P5gQI

Tesla CEO Elon Musk Says US Factory Closed for Two Days Due to Parts Shortages

Tesla CEO Elon Musk said the electric vehicle company's Fremont, California, US plant shut down for two days this week due to "parts shortages" and had reopened on Wednesday. https://ift.tt/3sshuGN

Facebook Launches Campaign to Defend Targeted Advertisements in Spat With Apple

Facebook is not backing down in its fight with Apple over a new privacy feature that could curb tracking needed for the social network's targeted advertisements, launching a major media campaign to... https://ift.tt/3knqZVb

Twitter Announces Super Follows Service to Charge Followers for Special Content

Twitter said it plans to offer a subscription service in which users would pay for special content from high-profile accounts, part of an economic model to diversify its revenue. https://ift.tt/3aVh9Xx

Researchers detected mass scanning activity targeting VMware vCenter servers vulnerable to a remote code execution vulnerability; VMware has issued a patch (Dan Goodin/Ars Technica)

Dan Goodin / Ars Technica:
Researchers detected mass scanning activity targeting VMware vCenter servers vulnerable to a remote code execution vulnerability; VMware has issued a patch  —  Thousands of servers running vCenter server could be in for a nasty surprise.  —  Hackers are mass-scanning the Internet in search …



Brazil regulator approves 5G spectrum auction rules, no Huawei ban

Brazil's telecom companies insisted on a free market, complaining that excluding Huawei would cost billions of dollars to replace the equipment of the Chinese company that supplies 50% of the current 3G and 4G networks. https://ift.tt/3bDWshK

Anthropic cuts its list of unauthorized secondary market sellers from eight to four after the initial notice caused panic and pushback from investors (Yazhou Sun/Bloomberg)

Yazhou Sun / Bloomberg : Anthropic cuts its list of unauthorized secondary market sellers from eight to four after the initial notice cau...