Techmeme
July 1, 2019, 1:00 AM

Top News

Golnaz Esfandiari / Radio Free Europe/Radio Liberty:
Iran says power consumption jumped 7% in June, largely due to Bitcoin mining, making the country's power grid unstable, seizes 1,000 Bitcoin mining machines  —  Iran has blamed an “unusual” spike in electricity consumption in the country on cryptocurrency miners, while warning that such illicit operations will be cut off from the grid.
Alyssa Bereznak / The Ringer:
How TikTok users are supplanting the traditional functions of record labels, like talent scouting and publicity, for new artists  —  Lil Nas X's ‘Old Town Road’ is both a chart-topping phenomenon and a turning point for the music business.  Here's what happens when a social media platform becomes a label.
Facebook:
Facebook says it will treat 2020 US Census like an election and will have “people, policies and technology in place to protect against census interference”  —  Civil rights are the foundation of a free and just society — and something we care deeply about as a company.
Jordan Crook / TechCrunch:
Tundra, a new zero-commission wholesale marketplace, announces $12M Series A; Tundra generates revenue via premium checkout options like faster shipping  —  Tundra, a new zero-commission wholesale marketplace, has today announced the close of $12 million in Series A funding.
Sarah Perez / TechCrunch:
Nielsen Music Mid-Year Report: on-demand audio streams in the US grew 31.6% YoY to 507.7B in the first half of 2019  —  Music streaming services have already delivered a new high of half a trillion (507.7 billion) on-demand streams in the first half of 2019, according to Nielsen's mid-year Music Report released this week.

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Featured Podcasts

Big Technology Podcast:
Anthropic's Mythos is Back, OpenAI Releases GPT 5.6, Apple's Price Increases
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Hard Fork:
'The Daily' and 'The Opinions': How A.I. Is Changing Loneliness and Taste
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The Upstarts Podcast:
Writer's May Habib: Building AI Tools For Corporate 'Normal People' The Labs Leave Behind
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Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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More News

Earlier Picks

Kyle Wiggers / VentureBeat:
Andrew Liptak / The Verge:
Wall Street Journal: