1. Bloomberg Launches A Vertical Equality Covering DE&I (DigiDay)
Bloomberg is adding a new vertical, Equality, for coverage on race, ethnicity, diversity, and justice in governments, businesses, and communities, as well as a dedicated hub on its website. Initial journalism on ethnicity, as well as racial and ethnic inequalities in vaccine delivery across the United States, will be included in the new vertical.
2. Microsoft Is Shutting Down Its Azure Blockchain Service (MSN)
On September 10, 2021, Microsoft’s Azure Blockchain Service will be decommissioned. Existing implementations will be supported after that date, but no new deployments or member formation will be supported after that date. Blockchain is the technology that underpins the cryptocurrency Bitcoin.
3. Similarweb Raises $165M In NYSE IPO At $1.6B Valuation (Globes)
Similarweb Ltd., an Israeli provider of digital intelligence solutions, has completed its initial public offering on the New York Stock Exchange. The company came away with a $1.6 billion valuation. It raised a total of $165 million that may increase by an additional $24.8 million if the underwriters buy additional shares within the next 30 days.
4. Podcast Revenue To Exceed $2B In 2023 (Deadline)
According to the Interactive Advertising Bureau’s (IAB) annual Podcast Revenue Report, podcast ad revenue in the United States will reach $2 billion by 2023. Despite the pandemic, podcast sales increased 19% in 2020 to $842 million, up from $708 million in 2019 and $479 million in 2018.
5. Biden Signs EO To Strengthen US Cyber Defenses (WaPo)
President Joe Biden signed an executive order Wednesday meant to strengthen US cybersecurity defenses in response to a series of headline-grabbing hacking incidents that highlight how vulnerable the country’s public and private sectors are too high-tech spies and criminals operating from half a world away.
6. Amazon And WNBA Strike A Multi-Year Streaming Deal (TheVerge)
Amazon and the Women’s National Basketball Association (WNBA) announced a multi-year agreement giving Prime Video exclusive global streaming rights to 16 WNBA games per season, as well as the Commissioner’s Cup Game on August 12. It marks the first time Prime Video has exclusive global streaming rights to a women’s professional sports league.
7. Italy Fines Google €102M For Abuse Of Dominant Position (Reuters)
Italy’s antitrust watchdog announced that Google had been fined 102 million euros for abusing its competitive position with its Android smartphone operating system and Google Play app store. The regulator said in a statement that it had also ordered Google to make Enel X’s app for electric vehicle charging facilities available on Android Auto.