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March 11, 2021, 1:30 PM
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Top News

Karen Hao / MIT Technology Review:
How Facebook leadership weakened initiatives to clean up misinformation, sidelining AI experts, because doing so would undermine Zuckerberg's desire for growth  —  Joaquin Quiñonero Candela, a director of AI at Facebook, was apologizing to his audience.
The Markup:
Citizen Browser project's Split Screen tool shows Facebook's different News Feeds for Trump and Biden voters, based on data from 2,500+ users across the US  —  Facebook's recommendation algorithm shows different news, groups, and hashtags to different users.  But who sees what?
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.
Hartley Charlton / MacRumors:
Kuo: all four iPhone 13 models will feature larger batteries with higher capacities, making them heavier than iPhone 12 models  —  Apple appears to be improving the iPhone's battery life with the iPhone 13 lineup, using a number of design changes, bigger batteries, and efficiency improvements.
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.
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.
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
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.
Tony Romm / Washington Post:
House and Senate Democrats announce a $94B proposal to make broadband internet access more accessible and affordable  —  Thirty House and Senate Democrats unveiled a new $94 billion proposal Thursday to make broadband Internet access more accessible and affordable nationwide …
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.
Chris Metinko / Crunchbase News:
Cowbell Cyber, which uses AI to assess risk and offer cyber insurance to companies with less than $1B in revenue, raises $20M Series A  —  Pleasanton, California-based Cowbell Cyber raised a $20 million Series A as more small and medium-sized enterprises look for insurance against the growing number of cyberattacks.
More: FinSMEs and ZDNet
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 …
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:30 PM 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

Axios:
Sources: Paramount seeks a business-side counterpart to Bari Weiss, implying she would oversee editorial across CBS News and CNN if Paramount's WBD deal closes

Peter Chapman / Bloomberg:
The UK CMA launches a probe into Paramount's $110B acquisition of WBD, and sets an initial ruling deadline on August 7; the EU has already set a July 7 deadline

Scott Nover / Washington Post:
Email: the WH press corps won't be allowed on White House grounds Sunday due to the UFC fight; only press poolers will be allowed unless UFC gives credentials

More News

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
Bloomberg:
Coupang priced its IPO at $35 per share, above its target range, to raise $4.2B and give the South Korean e-commerce giant a market value of about $60B
Jonathan Shieber / TechCrunch:
Tetrate, which develops an app management platform for hybrid and multicloud environments, raises $40M Series B led by Sapphire Ventures

Earlier Picks

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
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
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
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
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
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