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May 20, 2021, 7:00 PM
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WeSmirchTop News
| Thomas Franck / CNBC: |
US Treasury announces it will require any cryptocurrency transfers worth $10,000+ to be reported to the IRS, saying cryptocurrencies pose a tax evasion risk — - The Treasury Department announced that it will require any transfer worth $10,000 or more to be reported to the IRS.| The Verge: |
Twitter is rolling out its new verification program, with revamped categories that include activists and journalists, and previews upcoming changes to profiles — It also previewed potential changes coming to profiles — Twitter is relaunching its public verification program, allowing anyone to apply for a coveted blue check mark.
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Twitter, TechCrunch, TechCrunch, 9to5Mac, CNET, Nieman Lab, Protocol, Engadget, Social Media Today, Neowin, Appleosophy, Mashable, TechRadar, Phandroid, NBC Bay Area, Firstpost Tech, TNW, Insider, iMore, MSPoweruser, and Silicon Republic
Tweets: @verified, @verified, @laurengoode, @verified, @sarahhusain16, @scalzi, @owillis, @forkfrenzy, @fellawhomstdve, @nbashaw, @davidgross_man, @thetomzone, @larakate, @anildash, @kurtwagner8, @twittersupport, @oloni, @sal19, @noahpinion, @kayvz, @luca, @manishm, @hunterschwarz, @twitter, @wongmjane, @talkhoops, @ashleymayer, @pashulman, @quinnypig, @verified, @mikaelthalen, @mathewi, @lucaswazowski, @nmasc_, @lindsmccallum, and @johnwolfeyt
| Jason Rosenthal / The Keyword: |
Google is opening its first ever physical retail store in New York this summer, letting users buy Pixel phones, Nest products, Fitbit devices, more — Today, we're announcing our plans to open Google's first ever physical retail store, in one of the greatest cities in the world: New York.
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The Verge, CNN, 9to5Google, Ars Technica, Wall Street Journal, 9to5Mac, TechCrunch, PYMNTS.com, TNW, ZDNet, Insider, SiliconANGLE, Japan Today, New York Business Journal, phonearena.com, TechSpot, Phandroid, Neowin, PCMag, iPhone in Canada Blog, Android Central, MUO, CNET, Wccftech, Android Police, MSPoweruser, SlashGear, Engadget, Android Headlines, The Hill, CNBC, Thurrott, Patently Apple, Agence France-Presse, and AndroidGuys
Tweets: @thomashawk, @intothecrevasse, @natemcdermott, @isaach, @gavinsbaker, @rosterloh, @ricsanchez, @sapna, @epro, @jank0, @psawers, @asymco, @smashdawg, @richardjnieva, and @kent_walker
| Alex Heath / The Verge: |
Snap unveils its first AR glasses, with four built-in microphones, two stereo speakers, and a touchpad, and says it will test them with some AR effects creators — The fourth-gen glasses have built-in AR displays — Snap's new Spectacles glasses are its most ambitious yet.
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XDA Developers, Engadget, Insider, Financial Times, 9to5Google, The Information, UploadVR, AppleInsider, TechCrunch, CNBC, The Economic Times, Engadget, MUO, dot.LA, 9to5Mac, PetaPixel, CNET, Tom's Guide, Adweek, KnowTechie, Variety, New York Times, Wired, and Mashable
Tweets: @spectacles, @raywongy, @caseynewton, @sophiaedm, @ajs, @martyswant, @petapixel, @arainert, @dburgar, @tomemrich, @tim, @alexeheath, @alexeheath, @lauryn2, @hallstephenj, @jacksettleman, @ali_heston, @tim, @sarafischer, @dannysullivan, @karaswisher, @kerrymflynn, @caseynewton, @mattnavarra, @sarafischer, @cityofthetown, @reckless, @stshank, @waxpancake, @scobleizer, and @charlesarthur
| Kerry Flynn / CNN: |
Snapchat says 5,400+ creators earned $130M in total via its Spotlight incentive program and it will stop giving away $1M per day to creators starting June 1 — New York (CNN Business)When Snap took on TikTok, it didn't just release a copycat product. It distributed $1 million every …
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The Verge, Reuters, CNBC, iPhone Hacks, TechCrunch, Social Media Today, and Mashable
Tweets: @liahaberman, @carnage4life, @mattnavarra, @joshconstine, @kerrymflynn, and @chrismessina
| Bloomberg: |
Sources: CNA Financial, one of the largest insurance companies in the US, paid $40M in late March to regain control of its network after a ransomware attack — CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network …
More:
The Verge, The Hill, and Engadget
Tweets: @c_c_krebs, @rstephens, @kartikaym, @tliston, @jesskellynt, @dariusjbutler, and @williamturton
| Jacob Krol / CNN: |
Apple TV 4K (2021) review: faster than competition and the new Siri Remote is very good with a power button and easy-to-use click wheel, but very expensive — Like the refresh of the iPad Pros, the updates to the Apple TV 4K are all internal, namely new hardware that leads to an overall speedier experience.
More:
iMore, ZDNet, Stacey on IoT, Pocket-lint, TechRadar, MobileSyrup, Yahoo Finance, independent, MacRumors, Wccftech, 9to5Mac, iPhone Hacks, MacRumors, 9to5Mac, and Cult of Mac
Tweets: @winstonsih, @reneritchie, and @patrick_orourke
| Mark Gurman / Bloomberg: |
Apple implies that Epic may be serving as a stalking horse for Microsoft, seeks an adverse credibility finding for Xbox exec Lori Wright, in Wednesday's filing — - Company says 5 Epic Games witnesses have ties to Microsoft — Apple and Microsoft rivalrly has gathered steam due to trial| Ian Sherr / CNET: |
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The Verge, 9to5Mac, The Verge, Patently Apple, TechSpot, Forbes, ZDNet, BGR India, Threatpost, Michael Tsai, MUO, Philip Elmer‑DeWitt, KnowTechie, and HotHardware.com News
Tweets: @thedextriarchy, @tomwarren, @issielapowsky, @karynelevy, @thepacketrat, @protocol, @leah_nylen, @markgurman, @keleftheriou, @reckless, @flohofwoe, and @zittrain. Thanks:@iansherr
| Echo Wang / Reuters: |
ByteDance co-founder Zhang Yiming says he's stepping down as CEO to “daydream about what may be possible”; co-founder and HR head Liang Rubo will become new CEO — (Reuters) -Zhang Yiming, co-founder of TikTok owner ByteDance, told employees of the Chinese technology giant …
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The Information, ZDNet, Financial Times, CNBC, TechNode, Bloomberg, Reuters, The Verge, BBC, Cult of Mac, Financial Times, Fortune, Synced, and Financial Times
Tweets: @juliey4, @jim_edwards, @akm1410, @kennedycsis, @carnage4life, @caseynewton, @samro, @amir, @moorehn, and @mattgarrahan
| Sarah Perez / TechCrunch: |
Apple launches an affiliate program for paid podcast subscriptions, letting users earn a one-time commission of 50% of a podcast's monthly subscription price — Apple last month unveiled its plans for paid podcast subscriptions in a newly redesigned Apple Podcasts app.
More:
podcasters.apple.com, Engadget, AppleInsider, 9to5Mac, and MacStories
| Jason Del Rey / Vox: |
Internal Amazon messages show that FTC pressure to act against sellers using fake-review schemes may have led to bans of sellers tied to electronics brand Mpow — One of the takedowns involves the large Chinese electronics brand Mpow. — Amazon recently banned some sellers …
Tweets: @lutherlowe and @delrey
| Katie Roof / Bloomberg: |
Enterprise video messaging service Loom raises $130M led by a16z at a valuation of $1.53B, and says it now has 10M users across 120K businesses — - Andreessen Horowitz, Kleiner, Sequoia join $130 million round — Work-from-home accelerated Loom's video messaging growth
Tweets: @katie_roof, @courtstarr, @hemeon, @beh_zod, @_shahedk, @katie_roof, @iankar_, and @andrew__reed
| Sarah Perez / TechCrunch: |
Spotify partners with Audible rival Storytel, allowing the latter's subscribers to listen to books on Spotify; Storytel has 500K titles and 1.6M subscribers — Spotify is further expanding into audiobooks — but not in the way you may think. The company today announced a new partnership …
More:
Spotify, Reuters, Storytel, SlashGear, and MUO
Tweets: @tanayj, @basche42, @nwquah, @ashleyrcarman, @spotifynews, @francoolivera, and @getbenchmarkco
| S. Shah / Engadget: |
Opera is testing its gaming-focused browser Opera GX on iOS and Android; Opera GX had 9M+ monthly active gamers across Windows and Mac as of March, up 190% YoY — desktop browser for gamers to further distinguish itself from Google Chrome. Over the following months and years …
More:
Opera Desktop, 9to5Mac, PCMag, XDA Developers, Opera Newsroom, TestingCatalog, iMore, and MUO
| Cassidy Ritter / Built In Austin: |
Austin-based Hearth, which lets contractors quote house repair projects as monthly payments, raises $23M Series B, bringing its total raised to $51M — When the winter storm blew through Texas earlier this year, hundreds of homeowners were faced with pricy, unexpected home repair costs.| Ingrid Lunden / TechCrunch: |
Berlin-based Trade Republic, a zero-commission “neo-broker” app, raises $900M Series C led by Sequoia at a $5.3B valuation — Consumers are moving into investing to complement — or in some cases, offset — less good returns from things like traditional savings accounts … | Natasha Mascarenhas / TechCrunch: |
Maven, which helps professionals teach cohort-based classes, has raised $20M Series A led by Andreessen Horowitz — Maven, a startup that helps professionals teach cohort-based classes, has raised $20 million in a Series A round led by Andreessen Horowitz.| Maggie Fitzgerald / CNBC: |
Robinhood announces IPO Access, which will let retail investors buy shares of companies at their IPO price before trading begins on public exchanges — - Robinhood said it is giving retail investors access to IPO shares. — Retail traders typically don't have a vehicle to buy …
More:
San Francisco Business Journal, PYMNTS.com, and Under the Hood. Tweets: @kr00ney. Thanks:@hipsterpit
| Issie Lapowsky / Protocol: |
Democratic Reps. Trahan and Castor introduce the Social Media DATA Act, which would force large platforms to share ad targeting data with researchers and FTC — The Social Media DATA Act would give academics access to detailed ad targeting information to help researchers root out problematic ads.| Bloomberg: |
Figure, which uses blockchain tech to provide home equity loans, raises $200M at a valuation of $3.2B; Figure is founded by ex-SoFi CEO Mike Cagney — - Blockchain-based startup raised $200 million from investors — CEO Cagney says goal is for Provenance to supplant Ethereum| Sara Morrison / Vox: |
A host on “safety alerts” app Citizen falsely accused a man of arson in CA in a broadcast sent to ~860K users, offering $30K for info; Citizen admits mistake — The public safety app's new feature accidentally harked back to its Vigilante roots.
Tweets: @kari_paul, @sesmith, @hypervisible, @grimmelm, @hypervisible, @juliacarriew, @mollylambert, and @manymanywords
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