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Techmeme
March 11, 2021, 10:45 AM
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Top News

Bloomberg:
Documents: Apple denied Parler reentry into the App Store, citing a lack of changes; source says Parler let its three remaining iOS developers go  —  - Apple's recent review found ‘Nazi symbols’ on the Parler site  — Parler eliminates seven workers, most of whom were contractors
Bloomberg:
Three former employees say that 100+ employees at Verkada could view the camera feeds of its thousands of customers via widely used super admin accounts  —  - Former employee said issue was raised with Verkada executives  — Hackers gained access to 150,000 customer camera feeds
Jacob Kastrenakes / The Verge:
Mike Winkelmann, the digital artist known as Beeple, sold an NFT of his work for $69M, through a first-of-its-kind auction at Christie's  —  Through a first-of-its-kind auction at Christie's  —  Until October, the most Mike Winkelmann — the digital artist known as Beeple — had ever sold a print for was $100.
Chris Welch / The Verge:
Adobe rolls out a version of Photoshop optimized for Apple Silicon, claiming a 1.5X performance improvement over most Photoshop tasks on Intel Macs  —  Adobe says there are a ton of speed and performance gains  —  Lightroom was the first Adobe creative app to make the leap to Apple Silicon …
Reuters:
Russia says it is slowing down Twitter for not removing 3K+ posts containing “illegal content” and threatens a total block if Twitter ignores deletion demands
Stephen Warwick / iMore:
Twitter says it is testing displaying large images, instead of cropped previews, on iOS and Android and will add support for 4K photo uploads  —  “Sometimes it's better said with a picture or a video.”  —  What you need to know  — Twitter is testing new features that will let you see a single image in full on your timeline.
Ax Sharma / BleepingComputer:
Data center operator OVH says a fire destroyed some of its sites in France, affecting cyber threat intelligence company Bad Packets, game maker Rust, and others  —  In a major unprecedented incident, data centers of OVH located in Strasbourg, France have been destroyed by fire.
Brent Kendall / Wall Street Journal:
Facebook says it has filed motions to dismiss antitrust lawsuits brought by the FTC and state AGs, arguing its conduct did not harm competition or consumers  —  Action marks its first legal salvo since the FTC and 46 states sued the company in December  —  WASHINGTON— Facebook Inc …
Mary Ann Azevedo / TechCrunch:
Crypto lending and borrowing service BlockFi raises $350M Series D at a valuation of $3B, bringing its total raised to around $450M  —  If there were any doubt about a cryptocurrency boom, we need look no further than at the explosion of growth of certain companies in the space.
Alex Konrad / Forbes:
Q&A with Chris Sacca on his brief retirement, Trump and Biden, investing in climate startups, how investing has changed, NFTs, and more  —  In 2015, venture capitalist Chris Sacca was one of Silicon Valley's most influential investors, No. 3 on the Midas List with more than one million Twitter followers …
CNBC:
Roblox closes at $69.50, valuing it at $38.26B, after opening under RBLX at $64.50, up 43% from its January funding round  —  - Roblox held its stock market debut on Wednesday through a direct listing and is now trading under ticker symbol RBLX.  — The company's stock closed at $69.50 apiece …
Damien Wilde / 9to5Google:
Oppo unveils Find X3 Pro with Snapdragon 888, 6.7" 120Hz display, 12GB RAM, 50 MP ultrawide camera, and a 3MP “microlens” for microscope style macro shots  —  The covers have now been lifted from the Oppo Find X3 series with three models — X3 Lite, X3 Neo, and X3 Pro …
Javier Espinoza / Financial Times:
Sources: EU regulators are struggling to gather enough evidence to bring antitrust charges against Amazon despite working on the case for nearly two years  —  Regulators face difficulties gathering evidence against tech giant nearly two years after probe was announced
Matt Day / Bloomberg:
Amazon has opened 11 Amazon Fresh stores around the US, with plans for at least 28 more  —  As many businesses struggled to survive the pandemic, Amazon.com Inc. was quietly building a national grocery chain.  —  The first Amazon Fresh store opened to the public in Los Angeles in September.
More: CNET and The Verge
Tiernan Ray / ZDNet:
Cloudera beats with Q4 revenue of $226.6M, up 7% YoY, subscription rev. of $206.8M, up 14% YoY, and ARR of $778M, up 10% YoY  —  Although Cloudera's January-quarter results beat expectations, the outlook for revenue this year was disappointing.  —  Data management software pioneer Cloudera …
Jonathan Shieber / TechCrunch:
Tetrate, which develops an app management platform for hybrid and multicloud environments, raises $40M Series B led by Sapphire Ventures  —  Tetrate, the company commercializing an open-source networking project that allows for easier data sharing across different applications, has raised $40 million.
Ashley Carman / The Verge:
Facebook is making in-stream ads available on one-minute videos and is testing ads that look like stickers in Stories  —  Ads integrated into content  —  Facebook introduced Stories to its platform four years ago, mostly as a way to encourage people to post content that wasn't highly produced or necessarily photogenic.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:45 AM ET, March 11, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Dade Hayes / Deadline:
The NAB's CEO says the FCC's “nearly unprecedented request” for Disney to reapply for TV licenses is contrary to established principles and creates uncertainty

Wall Street Journal:
Sources: Amazon executives, including MGM Studios head Mike Hopkins, have discussed rebooting The Apprentice for Prime Video, with Donald Trump Jr. as the host

Charlotte Hughes-Morgan / Bloomberg:
UMG reports Q1 subscription revenue grew 12.5% YoY to €1.3B, with recorded music revenue up 8.9% to €2.25B, and plans to sell 50% of its Spotify stake

More News

Jordan Novet / CNBC:
Oracle reports Q3 revenue of $10.1B, up 3% YoY and beating estimates, and cloud services and license support revenue of $7.3B, up 5% YoY

Earlier Picks

Dan Goodin / Ars Technica:
Dependency confusion attacks, where package managers override local packages with global ones, are flourishing, impacting Microsoft, Zillow, Lyft, and others
Geoffrey Fowler / Washington Post:
Amazon is the only major publisher that withholds its digital books from public libraries, preventing people from downloading over 10,000 e-books and audiobooks
Taylor Lorenz / New York Times:
Creators are monetizing through hyper-specific revenue streams like NewNew, which lets fans pay to vote to control a creator's day-to-day decisions
Karissa Bell / Engadget:
TikTok gives users the ability to approve all new comments before they appear and adds in-app prompts to discourage nasty comments
Ingrid Lunden / TechCrunch:
Facebook launches Instagram Lite, an Android app that takes up just 2MB of storage space, in 170 countries, and says Facebook Lite has 200M+ MAUs
Tim Hardwick / MacRumors:
Apple says it will invest €1B in Germany over the next three years and will make Munich its European Silicon Design Center
Nikkei Asia:
Sources: Apple cuts iPhone 12 mini orders by 70%, targets producing 75M iPhones in H1 and 230M units for all of 2021, reschedules new MacBook production to H2
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