Techmeme
April 7, 2021, 2:00 PM

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:
Juli Clover / MacRumors:
Apple unveils a revamped Find My program with support for third-party devices and says devices from Belkin, Chipolo, and VanMoof will be first to work with it  —  Apple today announced the launch of its Find My network accessory program, which is designed to allow third-party Bluetooth devices …
Joe Rossignol / MacRumors:
Apple details two ad measurements technologies that advertisers can use without tracking users, ahead of imminent rollout of App Tracking Transparency feature  —  Starting with iOS 14.5, iPadOS 14.5, and tvOS 14.5, Apple will be requiring apps to receive a user's permission to track …
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.
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.
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.
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.
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.
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 …
Dave Lee / Financial Times:
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.
Alexandra Bruell / Wall Street Journal:
Bloomberg:
How Intel's missteps let competitors surpass it in key areas, driven by cultural complacency, a manufacturing shift to Asia, and missed mobile opportunities  —  The statement, conveyed as the third bullet point of a quarterly earnings release, was both mind-numbingly technical and inscrutably terse …
Gené Teare / Crunchbase News:
Crunchbase data: global venture funding reached $125B in Q1, up 94% YoY, with an average of nearly two unicorns created every working day  —  In the first quarter of 2021, global venture investments reached $125 billion, a 50 percent increase quarter over quarter and a whopping 94 percent increase year over year, Crunchbase data shows.
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 …
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 …
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?
Ellery Roberts Biddle / Tech Policy Press:
Facebook and Google's commitment to protecting human rights and the public interest is hamstrung by their ad-based profit models and absolute focus on growth  —  Facebook and Google have made broad-based commitments to protect human rights and the public interest, but only to the extent …
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.

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Earlier Picks

Brody Ford / Bloomberg:
Alnoor Peermohamed / The Economic Times:
Parmy Olson / Wall Street Journal:
Andy Greenberg / Wired: