Thursday, May 27, 2021

Box beats expectations with Q1 revenue of $202.4M, up 10% YoY, compared to expected $200.4M, Q1 billings were $159.4M, up 24% YoY, expects Q2 revenue of ~$212M (Natalie Gagliordi/ZDNet)

Natalie Gagliordi / ZDNet:
Box beats expectations with Q1 revenue of $202.4M, up 10% YoY, compared to expected $200.4M, Q1 billings were $159.4M, up 24% YoY, expects Q2 revenue of ~$212M  —  On a non-GAAP basis, Box's EPS was 18 cents on top of $202.4 million in revenue, up 10% year over year.



Facebook told staff that it will resume political contributions via its PAC, but will not give to any lawmaker who voted against certifying the 2020 US election (Ryan Mac/BuzzFeed News)

Ryan Mac / BuzzFeed News:
Facebook told staff that it will resume political contributions via its PAC, but will not give to any lawmaker who voted against certifying the 2020 US election  —  Facebook is resuming political contributions through its political action committee, but will not give money to any members …



Germany, France and Netherlands want more say over tech giants' start-up deals

Draft rules targeted at Alphabet unit Google, Facebook, Amazon and Apple should be beefed up to allow regulators to vet their acquisitions of start-up rivals, Germany, France and the Netherlands said. https://ift.tt/3ftTM9A

Four former Google employees earn class action status from CA judge in gender pay gap lawsuit against the company; over 10,800 women will seek $600M+ in damages (Joel Rosenblatt/Bloomberg)

Joel Rosenblatt / Bloomberg:
Four former Google employees earn class action status from CA judge in gender pay gap lawsuit against the company; over 10,800 women will seek $600M+ in damages  —  - Suit represents 10,800 women seeking more than $600 million  — Company said it has spent eight years making sure pay is fair



Have I Been Pwned goes open source, starting with the Pwned Password code; FBI to begin sharing compromised passwords discovered in investigations with the site (Steven J. Vaughan-Nichols/ZDNet)

Steven J. Vaughan-Nichols / ZDNet:
Have I Been Pwned goes open source, starting with the Pwned Password code; FBI to begin sharing compromised passwords discovered in investigations with the site  —  Want to find out if someone's stolen your user IDs and passwords?  Then you can use “Have I Been Pwned,” and now the code behind it is being open sourced.



Wednesday, May 26, 2021

Nvidia forecast beats expectations but crypto mining's role remains unclear

Nvidia Corp forecast second-quarter revenue above analysts' estimates on Wednesday, but shares fell 1% after-hours as the company could not say for certain how much of its recent revenue rise was driven by the volatile cryptocurrency-mining market. https://ift.tt/3cfoQIn

Lawsuit claims Apple monopolizes heart-rate technology for Apple Watch

In a complaint filed late on Tuesday night, AliveCor Inc said Apple shut out rivals by changing the heart-rate algorithm on its watch's operating system, making rival technology incompatible. https://ift.tt/3uq7QVU

OnePlus Could Launch New TV Series and External TV Camera in India Soon

OnePlus TV U1S series is launching in India soon, according to tipster Ishan Agarwal. The company is also said to launch an external TV camera in the country. https://ift.tt/3fRTBnq

PayPal to Allow Users to Withdraw Cryptocurrency to Third Party Wallets

PayPal said it plans to allow users to withdraw cryptocurrency to third party wallets. The San Jose, California-based company, that opened its platform to digital currencies last October, at present... https://ift.tt/2Tm09TT

Facebook to Take Action Against Users Repeatedly Sharing Misinformation

Facebook said it would take "stronger" action against people who repeatedly share misinformation on the platform. https://ift.tt/3oURTWC

WhatsApp Says Government Exceeded Powers With Encryption-Breaking Rule

India's government exceeded its legal powers by enacting rules that companies such as WhatsApp say will force them to break end-to-end message encryption, the messaging app owned by Facebook argued in... https://ift.tt/3oSiaoB

IT Ministry Asks Social Media Platforms for Compliance Status on New Digital Rules

The government asked large social media platforms to immediately report their status of compliance with the new digital rules. In a note to "significant social media intermediaries," the IT... https://ift.tt/34zKdQp

Cloud-based bill payment tech provider Paymentus opened up 37% after raising $210M in its NYSE IPO at ~$3.4B valuation; Paymentus had $301.8M revenue in 2020 (Emily Bary/MarketWatch)

Emily Bary / MarketWatch:
Cloud-based bill payment tech provider Paymentus opened up 37% after raising $210M in its NYSE IPO at ~$3.4B valuation; Paymentus had $301.8M revenue in 2020  —  Company has seen traction from billers looking to unify their collection of payments across various channels, CEO Dushyant Sharma told MarketWatch



France-based Agicap, creator of a SaaS tool that helps companies manage and forecast their cash flows, raises $100M led by Greenoaks, at a valuation of $500M+ (Romain Dillet/TechCrunch)

Romain Dillet / TechCrunch:
France-based Agicap, creator of a SaaS tool that helps companies manage and forecast their cash flows, raises $100M led by Greenoaks, at a valuation of $500M+  —  French startup Agicap has raised a new $100 million funding round led by Greenoaks.  With today's funding round …



Epic Games announces early access for Unreal Engine 5

Epic Games has announced the early access for its next-generation 3D tool -- Unreal Engine 5. The early access program is for game developers and creators from across the world giving them a head start to start prototyping and testing the features of the new 3D tool. https://ift.tt/3fJhxcG

Baidu VP Qu Jing posted several videos on Douyin demeaning staff, intended to promote Baidu, that reignited criticism of Chinese tech companies' work culture (Financial Times)

Financial Times : Baidu VP Qu Jing posted several videos on Douyin demeaning staff, intended to promote Baidu, that reignited criticism o...