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May 27, 2021, 2:00 PM
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memeorandum
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| Bloomberg: |
Sources: Nintendo plans to announce an upgraded Switch ahead of the June E3 conference and release it in September or October, for more than the original's $299 — - Announcement of new Switch could be made ahead of June's E3 — Suppliers say Nintendo likely to price new model above $299
More:
Eurogamer.net, GamesIndustry.biz, Laptop Mag, Protocol, HotHardware.com News, Insider, Gamasutra, Techaeris, SegmentNext, SlashGear, Forbes, Ubergizmo, Wccftech, KnowTechie, MUO, mobilesyrup.com, Dot Esports, thegamer.com, Pocket-lint, dexerto.com, PCMag, iPhone in Canada Blog, Digital Trends, GameSpot, VG247, Neowin, XDA Developers, OnMSFT.com, techadvisor.com, Polygon, GameRevolution, TechSpot, iMore, Tom's Guide, Game Rant, GamingBolt, SamMobile, IGN India, CNET, Engadget, Video Games Chronicle, MSPoweruser, and Press Start
Tweets: @kopter__, @futterish, @crazyreyn, and @wario64
| Jay Peters / The Verge: |
Twitter says users can now join Spaces via desktop and mobile web browsers, but can't host rooms on the web just yet — You can't host rooms yourself on the web just yet, though — You'll be able to join Twitter's Clubhouse-like Spaces from desktop and mobile web browsers starting Wednesday …
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TechCrunch, mobilesyrup.com, KnowTechie, PCMag, TNW, MUO, MSPoweruser, Neowin, Android Central, Voicebot.ai, SlashGear, Pocket-lint, Social Media Today, 9to5Mac, and Gizmodo
Tweets: @twitterspaces, @twittersupport, @diwaph, @chrismessina, @jasonkeath, @rianatweetsnow, @kayvz, @capital_sb, @zurairi, @hashtagheyalexa, @daveleeft, and @martinsfp
| Casey Newton / Platformer: |
Instagram's test to hide Like counts highlights a lesson that social networks are reluctant to learn: one-size-fits-all policies are making users miserable — PLUS: WhatsApp sues India — In April 2019, amid growing questions about the effects of social networks on mental health … | Sarah Perez / TechCrunch: |
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About Facebook, Search Engine Land, Insider, TechSpot, Firstpost Tech, Android Headlines, Phandroid, Trusted Reviews, TechRadar, SiliconANGLE, TNW, Facebook Research, CNN, Ad Age, and The Drum
Tweets: @mosseri, @mosseri, @laurenwtvm, @richontech, @bengrosser, @samsheffer, @philngyn, @hansel_mp3, @glenngabe, @sarahfrier, @sarahfrier, @jason_kint, @instagram, @taylorlorenz, and @kerrymflynn
| Sujeong Lim / Counterpoint Research: |
Global smartwatch shipments rose 35% YoY in Q1 2021; market leader Apple grew 50% YoY to increase its market share by 3% points while Samsung grew 27% YoY — - Apple registers a healthy 50% annual growth, capturing a third of the smartwatch market in terms of volumes.
More:
Forbes, iThinkDifferent, 9to5Mac, Wccftech, iPhone in Canada Blog, Cult of Mac, NDTV Gadgets 360, India Today, Patently Apple, The Indian Express, iPhone Hacks, and Wired UK. Tweets: @counterpointtr
| Ari Levy / CNBC: |
Snowflake says it no longer has an HQ, and designates Bozeman, Montana, where its CEO and CFO live, as its executive office, because it's required by the SEC — - Snowflake said in its earnings release on Wednesday that it no longer has a corporate headquarters, as its workforce is “globally distributed.”| Jordan Novet / CNBC: |
More:
Snowflake, Investor's Business Daily, CRN, Barron's Online, and Forbes
Tweets: @jordannovet, @austen, @mims, @mylesudland, @quinnypig, and @jrichlive
| CNBC: |
Source: Swedish payments startup Klarna is close to raising a new round at a $40B+ valuation, after raising $1B at a $31B valuation in March — - Klarna, a European buy-now-pay-later company, is close to securing a new funding round at a valuation of more than $40 billion, according to a source familiar with the matter.
More:
SiliconANGLE, PYMNTS.com, Insider, and Reuters
| Cristiano Lima / Politico: |
Facebook says it will no longer take down posts that claim COVID-19 was man-made, following renewed debate about the origins of the virus — Facebook will no longer take down posts claiming that Covid-19 was man-made or manufactured, a company spokesperson told POLITICO on Wednesday …
More:
The Verge, Reuters, Wall Street Journal, The Guardian, The White House, TNW, New York Post, Gizmodo, Bloomberg, Forbes, and Fox Business
Tweets: @hawleymo, @neontaster, @evelyndouek, @repkenbuck, @jackposobiec, @mightijamie, @scott_sanfordtx, @dineshdsouza, @ezralevant, @lauren_southern, @jeffnolan, @willchamberlain, @aghamilton29, @vivekgramaswamy, @ryanafournier, @kellyriddell, @paul_karp, @yossigestetner, and @evelyndouek. Thanks:@viacristiano
| Jay Peters / The Verge: |
Clubhouse hires Justin Uberti, a Google engineer who created the WebRTC standard, Google Duo, and led engineering for Stadia, as head of streaming technology — Justin Uberti is joining Clubhouse — Clubhouse has hired Justin Uberti, creator of the WebRTC standard and the Google Duo video chat app.| Bloomberg: |
As China cracks down on its tech giants, Tencent, Alibaba, and Meituan warn investors they will invest heavily in AI, cloud computing, and autonomous vehicles — - Tencent, Alibaba plan to plow back incremental profits — Meituan is set to report wider losses as it boosts investment
Tweets: @hancocktom and @briefnorris
| Karan Deep Singh / New York Times: |
Twitter criticizes the Indian government's “intimidation tactics” and says it will push for changes to regulations that give it more authority over online media — The social media platform criticized what it called “intimidation tactics,” saying it would push back on new rules …
More:
The Economic Times, TechCrunch, The Hill, VICE, BBC, Candid.Technology, Inc42 Media, The Economic Times, BGR India, Entrackr, Bloomberg, TNW, Tech in Asia, and BGR
Tweets: @refsrc and @audreytruschke
| Dan Goodin / Ars Technica: |
Researcher details a WebKit flaw, which can lead to a RCE exploit, that remains unpatched by Apple despite the availability of an open source fix for 3 weeks — WebKit bug that was fixed upstream has yet to find its way into Apple products. — Apple has yet to patch a security bug found …
Source:
Theori. More:
iPhone in Canada Blog, iThinkDifferent, SlashGear, 9to5Mac, and AppleInsider
Tweets: @theori_io, @tjbecker_, and @campuscodi
| Matthew Gault / VICE: |
Amazon introduces coffin-sized AmaZen meditation booths in which warehouse employees can watch company videos about mindfulness to deal with stress — The AmaZen meditation booth is a small room where employees can watch company videos about mindfulness while a small fan moves the air around.
Tweets: @amazonnews, @rmac18, @classiclib3ral, @karengeier, @tomaxwell, @johnbiggs, and @hypervisible
| Kate Rooney / CNBC: |
Savings and investing app Acorns is merging with a SPAC to go public in a deal that values Acorns at roughly $2.2B, more than double its last private valuation — - Acorns will merge with with Pioneer Merger Corp., a publicly traded special purpose acquisition company.| Mark Bergen / Bloomberg: |
Google announces new tools and partnerships with Shopify, Square, GoDaddy, and WooCommerce to help merchants sell more easily in Search, Maps, and YouTube — - Sellers on Square, GoDaddy will get access to Google features — Marriage of Google and Shopify centers on two executives
More:
PYMNTS.com, ZDNet, Search Engine Land, and The Keyword
| Jeff John Roberts / Decrypt: |
PayPal to add third-party wallet transfer support, allowing users to send bitcoin to PayPal and Venmo users as well as to Coinbase and outside crypto wallets — PayPal created a stir in the crypto markets last year when it announced its millions of users could buy and sell Bitcoin.
More:
CoinDesk, TechSpot, Blockonomi, Forkast, Coinspeaker, Cryptonews, ZyCrypto, Finance Magnates, U.Today, Insider, and TheStreet
Tweets: @hodlcelsius, @thecryptoconomy, @thegreatola, @cryptognomie, @ziggamon, and @proftrader12
| Margherita Beale / Forbes: |
Boston-based Perch, which acquires fast-growing Amazon businesses, raises $775M Series A led by SoftBank Vision Fund 2, bringing its total funding to $900M+ — Perch landed $775 million of investor funding that will make the 18-month-old startup one of the best-funded players chasing …
More:
PR Newswire, The Boston Globe, PitchBook, and Reuters
Tweets: @perch_hq, @justbirny, @juokaz, and @bl_advisor
| Kurt Wagner / Bloomberg: |
Facebook says it will limit the distribution of all posts from personal accounts that routinely spread misinformation — Facebook Inc. will begin doling out harsher punishments for individual accounts that repeatedly share false or misleading posts, an expansion of the social network's efforts to crack down on misinformation.
More:
About Facebook, Inc42 Media, The Verge, KnowTechie, Protocol, PCMag, Mashable, International Business Times, and ZDNet
| Elizabeth Dwoskin / Washington Post: |
More:
Columbia Journalism Review and About Facebook
Tweets: @benimmo, @mathewi, @wrklsshrd, @mcfaul, @persily, @zittrain, @benimmo, @jason_kint, @jason_kint, @nickclegg, @marietjeschaake, @olgs7, @olgs7, @olgs7, @olgs7, @alexstamos, @lageneralista, @cbs_herridge, @alexstamos, @alexstamos, @ngleicher, @ngleicher, @ngleicher, @ngleicher, @ngleicher, and @andymstone
| Reuters: |
BMW, Daimler, and Ford set up facilities in China to store data generated by their cars locally, as China plans new rules for automakers' handling of data — BMW, Daimler and Ford have set up facilities in China to store data generated by their cars locally, they told Reuters … | Natasha Lomas / TechCrunch: |
Ada Health, which offers an AI-driven symptom assessment app for patients, raises $90M Series B led by Leaps by Bayer — The digital health space continues cooking on gas: Berlin-based Ada Health has closed a $90M Series B round of funding led by Leaps by Bayer, the impact investment arm … | Varsha Bansal / Wired UK: |
As India opens the API for its CoWin vaccine booking system to all amid a devastating second wave, profiteers are mass-booking vaccine slots using bots — The Indian government made its booking API free to everyone. Bots, profiteers and automation have made it impossible for people to book slotsSponsor Posts
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