Techmeme
April 7, 2021, 11:40 AM

Top News

Lily Hay Newman / Wired:
Facebook says the leaked 533M records are a different data set that attackers created by abusing a flaw in a Facebook contacts import feature, not by hacking  —  The company's explanations have been confusing and inconsistent, but there are finally some answers.
Politico:
Data of EU privacy chief Didier Reynders, Luxembourg PM Xavier Bettel, and dozens of EU officials found among Facebook's leaked data set of 533M records  —  Didier Reynders, Luxembourg PM Xavier Bettel among European leaders whose data was leaked online.  —  EU Justice Commissioner Didier Reynders …
Lauren Goode / Wired:
A first person narrative on the persistence of digital memories and how social media and photo apps that surface old photos make painful memories hard to forget  —  In 2019, I made a painful decision.  But to the algorithms that drive Facebook, Pinterest, and a million other apps, I'm forever getting married.
Annie Palmer / CNBC:
Jeff Bezos says Amazon supports a rise in the corporate tax rate and making bold investments in US infrastructure, but stops short of supporting Biden's plan  —  - Amazon CEO Jeff Bezos on Tuesday voiced support for raising the corporate tax rate but stopped short of saying he supports President Joe Biden's plan for the increase.
Jeff John Roberts / Decrypt:
Ahead of its April 14 direct listing, Coinbase reports a record quarter, with estimated profits of $730M-$800M in Q1 on revenue of ~$1.8B and 56M verified users  —  Coinbase announced its 2021 first quarter earnings on Tuesday, revealing that the crypto giant made a profit of between $730 million …
Maria Armental / Wall Street Journal:
Patreon raises $155M Series F led by Tiger Global Management at a $4B valuation, up from $1.2B in September, bringing its total raised to $411M  —  Online company raises $155 million in latest round, led by new investor Tiger Global Management  —  Patreon Inc., an online platform …
Chris Welch / The Verge:
Sonos Roam review: portable and rugged design, sound quality is good but bass is limited by form factor, charges wirelessly but battery life is not great  —  The tiny, lightweight speaker has a ton of functionality, but don't expect sound quality miracles  —  The Sonos Roam is the most focused, calculated product from Sonos yet.
David Meyer / Fortune:
Max Schrems' non-profit Noyb files a complaint with the French privacy watchdog, claims Google's Android Advertising Identifier violates EU's ePrivacy Directive  —  Our mission to make business better is fueled by readers like you.  To enjoy unlimited access to our journalism, subscribe today.
Cameron Faulkner / The Verge:
Alienware announces M15 R5, starting at $2,230, with AMD Ryzen 5000 H-series CPUs, the first Alienware laptop since 2007 to use AMD processors  —  Expect big performance boosts  —  Alienware has announced the latest revision to its flagship gaming laptop lineup, the 15-inch Alienware M15 R5.
Alex Wilhelm / TechCrunch:
Plaid, which helps connect users' bank accounts with fintech apps, raises $425M Series D led by Altimeter Capital, sources say at a valuation of ~$13.4B  —  Plaid, a unicorn that helps connect consumers' bank accounts to financial applications, has raised a $425 million Series D, it announced this morning.
Lily Hay Newman / Wired:
Interviews with three women working at NSA and Cyber Command highlight the progress made in gender equality in recent years and the work that still remains  —  WIRED spoke with three women working in cybersecurity in the US intelligence committee about the progress of recent years and the work that remains.
Ingrid Lunden / TechCrunch:
Pathlight, which provides a range of tools to visualize team and individual performance, raises $25M led by Insight Partners, bringing its total raised to $35M  —  The longer we continue to work with either all or part of our teams in remote, out-of-physical-office environments …
Parmy Olson / Wall Street Journal:
UK launches the Digital Markets Unit, a watchdog with limited powers, initially tasked with stopping big tech companies from exploiting market dominance  —  Digital Markets Unit to police how largest global technology firms wield their market power  —  LONDON—The U.K. launched …
Amplifi Media:
Apple podcast data indicates that there are 2M podcasts, but of those, 26% only have one episode, 44% have three or fewer, and only 36% have 10+ episodes  —  Today's post breaks down the numbers of how many podcasts you're actually up against.  —  It seems everyone has a podcast.  Or do they?
Katie Roof / Bloomberg:
Sources: Clubhouse is in talks to raise funding from investors in a round valuing the business at about $4B, following its reported valuation of ~$1B in January  —  Clubhouse, the buzzy audio-based social network, is in talks to raise funding from investors in a round valuing the business …
Nikkei Asia:
Internal memo: Huawei is closing its core cloud and AI business after only 14 months, splitting the group into two  —  Change mirrors struggle to transition from hardware maker to service provider  —  Chinese telecom giant Huawei Technologies is closing its core cloud and artificial …
Katie Roof / Bloomberg:
Philadelphia-based recruiting and HR software developer Phenom raises $100M at a $1.3B valuation led by B Capital Group  —  Recruiting and human resources software maker Phenom has raised $100 million in a funding round valuing it at $1.3 billion, its chief executive officer said in an interview.

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More News

Ellery Roberts Biddle / Tech Policy Press:
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Earlier Picks

Alnoor Peermohamed / The Economic Times:
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Pranob Mehrotra / XDA Developers: