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March 5, 2021, 3:25 PM
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| Cecilia Kang / New York Times: |
Tim Wu, an outspoken critic of Big Tech, is joining the National Economic Council as a special assistant to President Biden for tech and competition policy — Tim Wu's appointment to the National Economic Council would signal a confrontational approach by the Biden administration.
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Gizmodo, Financial Times, The Verge, Fortune, CNET, Wall Street Journal, AppleInsider, Reuters, iMore, CNBC, The Hill, Slashdot, 9to5Mac, NBC News, and Engadget
Tweets: @superwuster, @davepell, @albertwenger, @dhh, @genebsperling, @profgalloway, @99legalproblems, @marietjeschaake, @lessig, @ceciliakang, @ceciliakang, @davidgura, @ceciliakang, @banditelli, @jamesgleick, @jenny8lee, @proferictalley, @ddayen, @digiphile, @mcwellons, @benjysarlin, @ceciliakang, @jameeljaffer, @dhh, @emmalbriant, @nancyscola, @jamesfallows, @vijayshekhar, @florianederer, and @ceciliakang
| Adam Klasfeld / Law & Crime: |
US indicts John McAfee for fraud and money laundering over an alleged $13M cryptocurrency “pump-and-dump” scheme — Antivirus software mogul John McAfee, who has been awaiting extradition from Spain on tax evasion charges since late last year, just had his legal woes compounded …
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U.S. Department of Justice, Reuters, The Verge, Reuters, Decrypt, CFTC, news.com.au, Associated Press, Gizmodo, CNET, Insider, CoinDesk, and New York Post
| Jon Porter / The Verge: |
Leaked interface shows that Twitter's “undo send” feature may be a button that also doubles as a progress bar showing how much time a user has to undo — A work-in-progress interface has been unearthed — A potential animation for Twitter's long-rumored “undo send” …
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CNN, Engadget, The Economic Times, Input, Trusted Reviews, TechRadar, t3.com, iMore, PCMag, iDownloadBlog.com, Mashable, MSPoweruser, iPhone Hacks, Android Headlines, SlashGear, Gizchina, KnowTechie, Android Police, MacRumors, iPhone in Canada Blog, Windows Central, Android Central, Firstpost Tech, Social Media Today, Pocketnow, and MUO
Tweets: @wongmjane, @zackshapiro, @samro, @producthunt, @the_mentalyst, @taylorlorenz, @phil_lewis_, @mollyjongfast, @carnage4life, and @mgsiegler
| Wall Street Journal: |
Sources: India threatened to jail Facebook, WhatsApp, and Twitter employees if the companies don't comply with takedown requests related to farmer protests — Country flexes new powers over big platforms while companies are counting on world's second-largest population for growth| Kevin Reynolds / CoinDesk: |
Bitcoin mining startup Bitfury merges with a SPAC to create a US-based company called Cipher Mining, raising $595M at a valuation of $2B — The mining SPAC has an expected value of $2 billion. — Cipher Mining Technologies, a newly formed U.S.-based bitcoin mining operation formed …
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Business Wire, Reuters, Bitcoin News, CryptoSlate, The Block, BitcoinExchangeGuide, Cointelegraph, and Decrypt
| New York Times: |
Research: low-wage workers at businesses in the areas where Amazon operates have seen significant wage growth since the company raised minimum pay to $15/hour — New research suggests that when big companies increase wages, they drive up pay in the places where they operate — without a notable loss in jobs.
Tweets: @amazonnews, @equitablegrowth, @joshchafetz, @bigblackjacobin, @bencasselman, and @pekingmike
| Katherine Rosman / New York Times: |
Square acquires a majority stake in Jay-Z's streaming service Tidal for $297M; Jay-Z will join Square's board — What did Jay-Z and Jack Dorsey talk about when they went yachting around the Hamptons together last summer? Perhaps only Beyoncé knows. — Maybe now we do, too.
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Vox, Square, FinSMEs, The Verge, Reuters, The Verge, coinspeaker.com, Cointelegraph, Billboard, Bloomberg, and PYMNTS.com
Tweets: @jack, @jack, @jack, @jack, @future_of_music, @lucas_shaw, @pkafka, @jack, @apompliano, @jack, @backlon, @loganbartlett, @laurengoode, @jkaraian, @jess, @boo, @sowmyak, @basgras, @jstn, @profjeffjarviss, @jack, @adamsinger, @wongmjane, @jack, @jack, @mengxilu, @profgalloway, @cheriehu42, @brandonstosuy, @ayosogunro, @film_girl, @film_girl, @caseynewton, @pkafka, @yoda, @stedavies, @producthunt, @pkafka, @pkafka, @delrey, @willoremus, @reckless, @scottbelsky, @dada_drummer, @seyitaylor, @turnernovak, @square, @carnage4life, and @alex
| Sujeong Lim / Counterpoint Research: |
Global smartwatch shipments rose 1.5% YoY in 2020, with Apple Watch shipments up 19% YoY, Huawei's up 26% YoY, and Fitbit shipments down 4% YoY — - In Q4 2020, the shipments decreased slightly YoY due to a fresh wave of COVID-19. — However, Apple managed to expand its market share and remains firmly at the forefront.| Mike Isaac / New York Times: |
Reddit hires Drew Vollero as its first chief financial officer to prepare the company for an eventual IPO — The addition of Drew Vollero, formerly of Mattel and Snap, is a move toward developing operations more like publicly traded social networks. — SAN FRANCISCO — The world's …
More:
Reuters, Bloomberg, Variety, and Tubefilter
Tweets: @nytimestech, @laurenshirsch, @stevebartlettsc, @mikeisaac, and @annmarie
| Joshua Franklin / Reuters: |
Sources: Instacart is considering going public through a direct listing, concerned that it could leave money on the table through a traditional IPO — (Reuters) - U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money … | Robert Hackett / Fortune: |
Eco, a personal finance app that offers yields of 2.5% to 5% and cash-backs for shopping at Amazon, Uber, and Doordash, raises $26M led by a16z crypto — Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today.
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Andreessen Horowitz, Decrypt, and TechCrunch
Tweets: @rhhackett, @theryanford, @andy_bromberg, @ariannasimpson, @a16z, @katie_haun, @andy_bromberg, and @andy_bromberg
| Kate Clark / The Information: |
Pitchbook: the median pre-investment valuation for a Series A round in the US has increased sixfold to $37M since 2010 — Financial software developer Orum, which disclosed a seed round over the summer, wasn't seeking more capital when Bain Capital Ventures offered to lead its Series A investment last year.
Tweets: @randybias, @kateclarktweets, @jessicalessin, and @amir
| Bennett Cyphers / Electronic Frontier Foundation: |
Google's FLoC, which helps advertisers perform behavioral targeting, avoids privacy risks of 3rd-party cookies, but creates new privacy issues in the process — The third-party cookie is dying, and Google is trying to create its replacement. — No one should mourn the death of the cookie as we know it.
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Threatpost, OneZero , Techdirt, and AdExchanger
Tweets: @airavn, @worqas, @dunglas, @gael_duval, @yegg, @carnage4life, and @glenngabe
| Varun Mishra / Counterpoint Research: |
Oppo becomes the top smartphone brand in China, reaching a market share of 21% in January, followed by Vivo at 20% and Huawei, Apple, and Xiaomi at 16% each — Beijing, London, San Diego, Buenos Aires, New Delhi, Seoul, Hong Kong - March 5, 2021 — OPPO has risen through the ranks to become …
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Engadget, 9to5Google, Android Central, Android Authority, SlashGear, GSMArena.com, and caixinglobal.com
Tweets: @neiltwitz, @tarunpathak, and @r3dash
| Javier Espinoza / Financial Times: |
Sources: EU is set to press antitrust charges against Apple over App Store rules for competing music streaming services, following a complaint by Spotify — Brussels set to formally press charges alleging tech company used its dominance to squeeze out App Store rivals
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Reuters, Reuters, Ars Technica, 9to5Mac, Bloomberg, Platformer, MacStories, Telecoms.com, Light Reading, iPhone in Canada Blog, The Register, The Overspill, Firstpost Tech, PYMNTS.com, Financial Times, CNET, PaymentsSource, and Finbold
Tweets: @senwarren, @vilile, @benedictevans, @benedictevans, @binarybits, @lanceulanoff, @fosspatents, @dhh, @dhh, and @javierespft
| Bloomberg: |
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GOV.UK, Game Rant, Laptop Mag, Gizchina, Wccftech, Gamasutra, ZDNet, PC Gamer, and MSPoweruser
Tweets: @appfairness, @benedictevans, @benedictevans, @richardhavell, @dhh, @fosspatents, @dhh, @geradinlaw, @benedictevans, and @cmagovuk
| Frederic Lardinois / TechCrunch: |
Google says it is speeding up the Chrome release cycle and will ship a new milestone every four weeks instead of the current six weeks — Google today announced that its Chrome browser is moving to a faster release cycle by shipping a new milestone every four weeks instead of the current six-week cycle …
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Chromium Blog, Softpedia News, Android Central, HotHardware.com News, iPhone in Canada Blog, Gizchina, TechSpot, Pocketnow, Engadget, XDA Developers, SlashGear, and Thurrott
Tweets: @chromiumdev, @ericlaw, @suka_hiroaki, @stshank, and @ronamadeo
| Makena Kelly / The Verge: |
In a letter, a bipartisan group of senators call on FCC to change their definition of high speed broadband to above 100/100 Mbps, up from the current 25/3 Mbps — The Pai FCC decided to maintain the current standard — The federal government's definition of high-speed broadband …
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Ars Technica, CircleID, United States Senate, and Gizmodo
Tweets: @senatorbennet, @epro, @frankcatalano, @akbkuku, @senangusking, @tobi, and @karlbode
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Tweets: @briankrebs, @neuralculture, and @flashpointintel
| Lauren Feiner / CNBC: |
| Ryan Browne / CNBC: |
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Andreessen Horowitz, TechCrunch, Hopin, SiliconANGLE, and GeekWire
Tweets: @ryan_browne_, @sriramk, @briannekimmel, @franzschrepf, @andrewchen, @a16z, @davidu, and @sriramk. Thanks:@ryan_browne_
| Jasper Jolly / The Guardian: |
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Tweets: @comaware_4s, @arashmassoudi, and @tim