Reuters: A government source says Japan's FTC raided Amazon Japan on November 26 suspecting it's inappropriately urging its sellers to lower their prices on its platform — Japan's Fair Trade Commission on Tuesday conducted an on-site inspection of Amazon Japan on suspicion of violating anti-monopoly laws, a government source said.
Published: 2024-11-26 05:50:01
Bloomberg: Sources: Qualcomm's interest in an Intel acquisition has cooled; CEO Cristiano Amon says “right now, at this time, we have not identified any large acquisition” — - A deal would likely have been one of the largest ever in tech — Qualcomm “hasn't identified large acquisition,” CEO said
Published: 2024-11-26 03:20:02
Casey Newton / Platformer: A look at Bluesky's moderation efforts amid a growth spurt; Bluesky plans to quadruple the size of its contract workforce of content moderators from 25 to 100 — This article includes references to child sexual abuse material (CSAM). — Aaron Rodericks didn't know what he was looking at.
Published: 2024-11-26 02:15:06
Financial Times: Telegram's H1 2024 unaudited financial docs: $525M in revenue, up 190% YoY, a $335M post-tax profit, and digital assets worth $1.3B, up from $400M at 2023's end — Revenues leapt to $525mn in first half of 2024 before chief Pavel Durov was detained over alleged criminality on platform
Published: 2024-11-26 01:40:00
Reuters: Brazil's antitrust regulator says Apple must allow app developers to link to external payment methods and to offer other in-app payment processing options — Brazilian antitrust regulator Cade said on Monday that Apple must lift restrictions on payment methods for in-app purchases …
Published: 2024-11-26 01:15:11
Wall Street Journal: A ransomware attack on Blue Yonder, a major supply chain software provider, is disrupting operations at Starbucks, the UK's Sainsbury's, and other retailers — Attack strikes operations managed through Blue Yonder, one of the largest supply chain technology providers
Published: 2024-11-26 00:00:48
Maria Deutscher / SiliconANGLE: N-able, which sells software for managed service providers and spun off from SolarWinds in 2021, acquires DC-based cybersecurity company Adlumin in a $266M deal — N-able Inc., a supplier of software for managed service providers, is acquiring partner Adlumin Inc. to expand its cybersecurity portfolio.
Published: 2024-11-25 22:35:00
Jordan Novet / CNBC: Zoom reports Q3 revenue up 4% YoY to $1.18B, vs. $1.16B est., net income of $207.1M, up from $141.2M, and changes its corporate name to Zoom Communications Inc. — Zoom shares were down 4% in extended trading on Monday after the video calling software maker announced strong fiscal third-quarter results …
Published: 2024-11-25 21:55:08
Teresa Xie / Bloomberg: Tron founder Justin Sun invests $30M in Trump's World Liberty Financial, making him the largest investor in the DeFi project — - China-born crypto entrepreneur is project's largest investor — SEC sued Sun last year for violating securities regulations
Published: 2024-11-25 21:05:01
Jody Godoy / Reuters: A US judge sets an April 14 trial date for an FTC lawsuit, filed in 2020, alleging that Meta's acquisitions of Instagram and WhatsApp violated antitrust laws — Facebook owner Meta Platforms (META.O) will face trial in April over the U.S. Federal Trade Commission's allegations …
Published: 2024-11-25 20:40:01
Washington Post: The US DOJ and Google made their closing arguments in the ad-market antitrust case before Judge Leonie Brinkema, who expressed some skepticism toward both sides — Federal prosecutors say Google's dominance of online advertising illegally hurts consumers and small businesses, while the company says it earned its place by being better.
Published: 2024-11-25 20:10:03
David Gilmour / Mediaite: Elon Musk appears to confirm that posts containing links in their main text are deprioritized on X, saying it is to stop “lazy linking” — Elon Musk confirmed that posts containing links in their main text are deprioritized on X in a revelation that renews criticism that the platform …
Published: 2024-11-25 19:55:15
Chris Welch / The Verge: Threads begins testing an option to set For You, Following, or a custom feed as the default feed, another improvement seemingly sparked by Bluesky competition — Threads will now let users decide what feed they want as their default when opening the app. Meta CEO Mark Zuckerberg announced …
Published: 2024-11-25 18:50:16
Kyle Wiggers / TechCrunch: Anthropic announces the Model Context Protocol, an open source standard for connecting AI assistants to data sources — Anthropic is proposing a new standard for connecting AI assistants to the systems where data lives. — Called the Model Context Protocol, or MCP for short …
Published: 2024-11-25 18:20:16
Katie Roof / Bloomberg: Austin-based anti-ransomware startup Halcyon raised $100M at a $1B valuation led by Evolution Equity Partners, bringing its total funding to date to $190M — - Texas-based security unicorn is backed by Bain, Evolution — Halcyon is raising $100 million in funding from investors
Published: 2024-11-25 18:15:00