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March 26, 2021, 1:05 PM
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Mark Gurman / Bloomberg:
Sources: Apple is working on a rugged “Explorer Edition” Watch aimed at athletes and to be used in more extreme environments, for a late 2021 or 2022 launch  —  - Company discusses new model to target different watch buyers  — Device may debut later in 2021 or 2022 at the earliest
Brian Fung / CNN:
At the hearing, lawmakers accused CEOs of being evasive and condescending; CEOs seemed barely able to restrain their exasperation with gotcha yes/no questions  —  Washington (CNN Business)The chief executives of Facebook, Google and Twitter faced withering criticism from members of Congress …
Makena Kelly / The Verge:
House tech hearing revealed unorganized lawmakers who conflated issues of competition, privacy, and moderation, and were unable to move past personal grievances  —  It's time to move past listening and into legislating  —  This story is part of a group of stories called
Energy And Commerce Committee / YouTube:
Recording of House Energy and Commerce Committee hearing on platform misinformation with Mark Zuckerberg, Sundar Pichai, and Jack Dorsey
More: Wired, Gizmodo, Vox, New York Times, International Business Times, Reuters, New York Times, Mashable, Bloomberg, The Daily Dot, and TechCrunch
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Owen Thomas / Protocol:
Stewart Butterfield says Slack will introduce audio messages and a Clubhouse-like feature that will allow users to drop into rooms without an invitation  —  Slack CEO Stewart Butterfield said on Clubhouse that Clubhouse-like additions will soon be coming to the app.
Maureen Farrell / Wall Street Journal:
WeWork to merge with a SPAC in a deal that would raise $1.3B and values the company at $9B  —  Planned merger with the BowX Acquisition would value WeWork at $9 billion including debt  —  WeWork has agreed to merge with a special-purpose acquisition company, according to people familiar with the matter …
Ken Klippenstein / The Intercept:
Internal Amazon documents show Amazon was aware of the practice of employees using pee bottles, identifying it as a “Tier 1” infraction that can lead to firing  —  In anticipation of Sen. Bernie Sanders's scheduled trip to Bessemer, Alabama, to support the unionization drive …
Patrick Howell O'Neill / MIT Technology Review:
Google said it has shut down a hacking operation in January but, sources say, didn't disclose that it was an active counter-terrorism operation by a US ally  —  The decision to block an “expert” level cyberattack has caused controversy inside Google after it emerged that the hackers in question were working for a US ally.
Insider:
YouTube has temporarily suspended monetization for three channels operated by David Dobrik following a rape allegation against a former Vlog Squad member  —  - YouTube is temporarily blocking David Dobrik and Durte Dom from making money off ads.  — The company said it demonetized …
Ryan Browne / CNBC:
Crypto analytics startup Chainalysis raises $100M Series D led by Paradigm, at a valuation of $2B+, four months after raising $100M Series C at a $1B valuation  —  - Chainalysis, a start-up that sells blockchain data analytics tools, has doubled its valuation to $2 billion in a new investment round.
Wall Street Journal:
Sources: Microsoft is in exclusive talks to acquire Discord for $10B+ and could complete the deal next month  —  Deal valuing chat app at $10 billion or more could be completed next month  —  Microsoft Corp. is in advanced talks to acquire messaging platform Discord Inc. for $10 billion or more …
Jane Chung / Public Citizen:
Analysis of Facebook, Apple, Google, Amazon US lobbying: $124M spent on lobbying and campaign donations during 2020 cycle; Facebook and Google are top spenders  —  An updated analysis of the rise in lobbying and campaign contributions from the Big Tech companies: Amazon, Apple, Facebook, and Google
Arjun Kharpal / CNBC:
H&M removed from Chinese e-commerce sites and mapping apps after its statement last year on forced labor in Xinjiang resurfaced and caused a backlash on Weibo  —  - H&M faced backlash on Chinese social media service Weibo over a statement reportedly from last year in which the retailer said it was …
Reuters:
Source: Biden EO draft would require many software vendors to notify their federal govt. clients of cybersecurity breaches and preserve accompanying data logs  —  SAN FRANCISCO (Reuters) - A planned Biden administration executive order will require many software vendors to notify …

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From Mediagazer

David Ellison / @ellisonskydance:
David Ellison announces that the combined Paramount and Warner Bros. Discovery will be called Skydance “to preserve what has made each of these studios iconic”

New York Times:
Sources: Trump personally told his budget director to use taxpayer money for TV ads praising his presidency; at least four spots have run at a cost of ~$5.5M

Kristen Hare / Poynter:
Q&A with a co-author of a study on independent US journalism: 40% of respondents got all their income from their sites and ~80% were nearly 100% reliant on ads

More News

Hamish McKenzie / Substack Blog:
Substack offers further clarity on its content moderation guidelines, detailing its stance on harassment, doxxing, hate, and more

Earlier Picks

Mike Minotti / VentureBeat:
Sensor Tower: PUBG Mobile has earned $5.1B in lifetime sales, $2.7B of it in 2020 alone; Tencent says the game surpassed 1B accumulated downloads outside China
Kim Lyons / The Verge:
Chrissy Teigen, who had 13.7M Twitter followers and was once called “unofficial mayor of Twitter” by the company, quits the platform after years of harassment
Casey Newton / The Verge:
Interviews with 14 current and former Medium employees portray a dysfunctional company; sources say Medium has 700K paid subs, suggesting $35M+ in revenue
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