Techmeme: Connecteam, whose app helps employers remotely manage deskless workers in industries such as retail and construction, raises $37M at a valuation of $100M+ (Kristin Stoller/Forbes)

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May 3, 2021, 7:10 AM

Top News

Juli Clover / MacRumors:

Kuo: Apple is planning to launch a foldable iPhone with an 8" QHD+ flexible OLED display in 2023; Kuo says Apple will ship 15M to 20M foldable iPhones in 2023 — Apple is working to launch a foldable iPhone with an 8-inch QHD+ flexible OLED display in 2023, Apple analyst Ming-Chi Kuo …

More: Engadget, 9to5Mac, Android Authority, PCMag, 9to5Mac, AppleInsider, MSPoweruser, Philip Elmer‑DeWitt, iMore, Wccftech, iPhone Hacks, phonearena.com, Ubergizmo, TechRadar, MACお宝 …, Notebookcheck.net, GSMArena.com, and Mashable

Tweets: @f and @ohmdee

Bloomberg:

Sources: Verizon is nearing a deal to sell its media division, including AOL and Yahoo!, to Apollo; deal could be worth ~$5B and be announced as soon as Monday — - Deal for Verizon Media could be announced as soon as Monday — Division includes online brands Yahoo!, AOL and TechCrunch

More: CNBC. Tweets: @pkafka, @harrymccracken, @martinsfp, @trengriffin, @rustybrick, @danprimack, @yaserbi, and @devindra

See also Mediagazer

David Phelan / Forbes:

SEC filing: Rockley Photonics, developer of sensors that can be used for blood pressure and glucose monitoring, says Apple is currently its biggest customer — A new report says that a future Apple Watch could have a new raft of health sensors, including blood pressure and …

Source: Telegraph. More: Engadget, Gizchina, TechRadar, Wccftech, Ubergizmo, AppleInsider, SlashGear, phonearena.com, and BGR India

Tweets: @forbes, @engadget, @davidphelan2009, and @jamestitcomb

Lora Kolodny / CNBC:

Neuralink's President and co-founder Max Hodak tweets that he has left the brain-computer interface startup — - Neuralink co-founder Max Hodak announced Saturday that he is no longer working with the brain tech company he started with Elon Musk. — Musk - who is also the CEO of auto …

More: The Verge, Insider, Engadget, and Gizmodo

Tweets: @max_hodak, @benshooter, @ermonacelli, @nickcammarata, @rhinosoros, @doctorow, @lorakolodny, @teslacharts, and @yoda

Pete Rizzo / Bitcoin Magazine:

A look back at Satoshi Nakamoto's role in the Bitcoin project and exchanges with its community, 10 years after the disappearance of the mysterious figure — 10 years ago today, Bitcoin creator Satoshi Nakamoto's disappeared. Pete Rizzo tells the story. — 10 years ago today, Bitcoin creator Satoshi Nakamoto's disappeared.

More: Protocol. Tweets: @pete_rizzo_, @bitcoinmagazine, @bitcoinmagazine, and @bottlepay

Tom Warren / The Verge:

Microsoft planned to reduce its cut from 30% to 12% for Xbox games too, a document filed as part of Epic vs Apple lawsuit in January shows — Confidential Microsoft documents reveal some big plans — Microsoft had been planning to cut its Xbox store cut to just 12 percent …

Doug Kramer / The Cloudflare Blog:

Cloudflare, which was sued by “patent troll” Sable Networks, is offering a $100K bounty to those who can find evidence of prior art on Sable Networks' patents — Here we go again. — On March 15, Cloudflare was sued by a patent troll called Sable Networks …

More: Techdirt, The Register, and TechCrunch

Tweets: @eastdakota, @paulg, @jason, @bgurley, @jrichlive, @kennethn, @jgarzik, @zacharykimball, @tmychow, @scottmcgrew, @saarw, @scriptjunkie1, @cloudflare, @eff, and @marypcbuk

Shiyin Chen / Bloomberg:

Dell has agreed to sell Boomi, which specializes in integrating cloud platforms for companies, to Francisco Partners and TPG in a cash deal valued at $4B — Dell Technologies Inc. has agreed to selling its Boomi cloud business to private-equity firms Francisco Partners and TPG in a cash deal valued …

More: Dell Technologies and The Economic Times

Tweets: @tpg and @jaycuthrell

Kristin Stoller / Forbes:

Connecteam, whose app helps employers remotely manage deskless workers in industries such as retail and construction, raises $37M at a valuation of $100M+ — As an officer in the Israeli Navy, Amir Nehemia found few things more frustrating than trying to communicate essential information to soldiers in the field.

Source: PR Newswire. More: Globes Online, FinSMEs, and Tech.eu

Joanna Ossinger / Bloomberg:

Report: Bitcoin accounts for ~46% of total crypto market value of $2.3T, down from ~70% at the start of the year; Ether, which rose to $3K on Monday is at ~15% — - Largest token's share of crypto market cap drops to about 46% — Ether hit record Monday, tokens like Binance Coin have surged

More: CNET, CoinDesk, CoinDesk, and Cryptonews

Tweets: @czechboy0 and @tracyalloway

Alex Russell / Infrequently Noted:

Apple's ban on alt iOS browser engines and years of delays in adding features to WebKit can explain why web apps are not a viable alternative to App Store apps — Do App Store policies harm developers? Is the web a credible alternative? A look at the data. — Three facts...

Tweets: @tolmasky, @thomaswilburn, @ciphergoth, @slightlylate, @migueldeicaza, @slightlylate, @tolmasky, @carnage4life, @cwilso, and @tolmasky

Meir Orbach / CTech:

Israeli startup Locusview raises $64M Series A for its digital construction management suite that helps companies manage infrastructure capital projects — The Israeli startup has managed within two years of the launch of its first product to integrate it in over 20 of the biggest energy infrastructure companies in the U.S.

More: Globes Online

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This is a Techmeme archive page. It shows how the site appeared at 7:10 AM ET, May 3, 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

Sara Fischer / Axios:

60 Minutes' CECOT segment, pulled by Bari Weiss, was mistakenly aired in Canada via an app owned by Global Television, which airs 60 Minutes in the country

Ali Watkins / New York Times:

Channel 4 says Jimmy Kimmel will share a message on Christmas Day as part of its Alternative Christmas Message show, emphasizing the importance of free speech

Reuters:

Israel's cabinet votes to shut down popular national radio station Army Radio, saying it has become a platform for views that “attack” its armed forces

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More News

Catherine Shu / TechCrunch:

Bibit, which runs robo-advisor services for mutual funds and invests users' money based on their risk profiles, raises $65M led by Sequoia Capital India

More: Tech in Asia and KrASIA

New York Times:

SensorTower data shows Clubhouse has been downloaded 1.1M times in the Middle East, where its users see it as an open forum to discuss politics and taboo issues

Tweets: @abdu, @curdistani, @nytimes, @freddydeknatel, @mairavz, @asadabukhalil, @shahselbe, @farnazfassihi, @evelyndouek, @rickgladstone, and @naderalihashemi

Sam Goldheart / iFixit News:

Teardown of Apple's AirTag: it has a magnet to turn its body into a speaker driver, but still has a more compact design than the Tile Mate or Galaxy SmartTag

More: iThinkDifferent, Engadget, The Verge, TechSpot, SlashGear, Gizmodo, The Overspill, Wccftech, iPhone in Canada Blog, AppleInsider, MacRumors, and Pocketnow

Tweets: @zcichy, @arnoldkim, @snazzyq, @braydonstachel, @l0vetodream, @backlon, @snazzyq, @glennf, @glennf, and @techaltar

Reuters:

Intel says it will invest another $600M in Israel, primarily to expand its Mobileye R&D, and confirms it is spending $10B on a new chip plant there

More: iTnews, VentureBeat, Gizchina, CNET, Tom's Hardware, SiliconANGLE, and Tech News

Laurens Cerulus / Politico:

Critics say the EU should focus on producing older generations of chips instead of making big plans to invest billions of euros into cutting-edge chip-making

Tweets: @politicoeurope, @adam_tooze, @adam_tooze, @nicholasvinocur, @laurenscerulus, and @joelbasson

Anthony Ha / TechCrunch:

Helsinki-based Yousician, which claims to have 20M MAUs across its music education app and guitar tuning app, raises $28M Series B led by True Ventures

Source: PR Newswire. More: Music Ally, Music Business Worldwide, ArcticStartup, FinSMEs, and EU-Startups

Tweets: @miikahuttunen, @timomj, @smolaholic, @scholaraudition, @trueventures, and @pvesterbacka

Earlier Picks

Monica Chin / The Verge:

Members of the Linux developer community reflect on “hypocrite commits” research, which got University of Minnesota banned from contributing to the Linux kernel

More: The New Stack. Tweets: @thehackersnews, @physicsteo, @ebomike, and @reckless

Anton Shilov / Tom's Hardware:

Researchers find new exploit leaving all modern AMD and Intel processors with micro-op caches defenseless to Spectre threat, in spite of all current mitigations

Source: University of Virginia School …. More: Engadget, SiliconANGLE, iTnews, TechSpot, Phoronix, and HotHardware.com News

Tweets: @weldpond, @alspeirs, @paulrteich, and @p3b7_

Alyse Stanley / Gizmodo:

After an investigation found 800+ Etsy listings for weapons, porn, other items violating its policies, Etsy says it'll invest ~$40M in policy enforcement in '21

Source: Insider and Etsy Blog. More: Engadget

Tweets: @techinsider, @techinsider, @techinsider, @techinsider, @techinsider, @techinsider, @techinsider, @robaeprice, @robaeprice, @lexnfx, and @robaeprice

Patrick McGee / Financial Times:

By limiting iOS apps' ad tracking capabilities, Apple could see increased commissions from IAPs and subscriptions if developers start charging for apps

Kif Leswing / CNBC:

A deep dive into Apple's M&A strategy, which focuses on technology and engineering talent, and, sources say, values startups at around $3M per engineer

More: Patently Apple and AppleInsider

Tweets: @scobleizer, @mukund, and @maanomadima

Joseph Cox / VICE:

At least 15 Basecamp employees announced on Twitter that they are leaving the company, with some specifically citing new policy banning political talk at work

More: Galaxy Brain, ZDNet, CNN, Forbes, and New York Post

Tweets: @caseynewton, @jangles, @jason, @wretchardthecat, @povilaskorop, @itscomplicated, @theroxyd, @e2pilot, @developerjack, @rgmcgrath, @emollick, @kfury, @ouinne, @elipariser, @karakemark, @antoinette0x53, @fraying, @ubiratanfsoares, @dhof, @lexicola, @johnlegere, @allenholub, @allenholub, @donmoyn, @askamys, @scottadamssays, @thatdetroitandy, @sstephenson, @willmanduffy, @tracymiranda, @alexisohanian, @scottmonty, @alexosterwalder, @kikiaards, @fmanjoo, @asz, @migueldeicaza, @josephfcox, @nytimesbusiness, @zachwaugh, @jgarzik, @ianbetteridge, @sandofsky, @jowyang, @carnage4life, @rsa, @seldo, @jdan, @dylanginsburg, @nkulw, @seldo, @work_matters, @moorehn, @xor, @cernovich, @kimcrayton1, @conormuirhead, @dankim, @film_girl, @rossblankenship, @ricmac, @velocitywong, @marypcbuk, @suka_hiroaki, @webology, @mbellows, @brianc13, @jackyalcine, @jdan, @cgpat, @dancow, @jeffnolan, @jaydestro, @film_girl, @robinberjon, @fraying, @artificialnix, @gigastacey, @aspittel, @adamsinger, @rehatttt, @chrismessina, @film_girl, @film_girl, @haroonmeer, @dcseifert, @dcseifert, @buzz, @buzz, @karlitaliliana, @ryangirdusky, @film_girl, @ryanlawler, @film_girl, @georgeclaghorn, @markimbriaco, @mims, @gaberivera, @tomkrazit, @eringriffith, and @saraashleyo