Techmeme: Euroconsumers, a group of EU consumer agencies, partners with Facebook after settling a lawsuit with Facebook in April over alleged illegal user data harvesting (Pieter Haeck/Politico)

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May 31, 2021, 5:45 AM

Top News

Tyler Sonnemaker / Insider:

Court docs detail Google's user location data collection, efforts to make popular privacy settings harder to find, pressure on partners like LG to do the same — - Google made it nearly impossible for users to keep their location private, according to newly unredacted court documents.

Dr. Ian Cutress / AnandTech:

Intel unveils a refresh of its 11th-Gen Tiger Lake-U chips aimed at laptops and debuts a 5G modem developed with MediaTek that supports 5G on slower, sub-6 GHz — Due to the global pandemic, this year's annual Computex event in Taiwan is being held virtually, but all the big-name companies …

More: The Verge, TNW, PCMag, Engadget, The Register, CNX Software, TechCrunch, SemiAccurate, Intel, ZDNet, Tom's Hardware, XDA Developers, and Laptop Mag

Tweets: @tomwarren, @pcmag, and @anandtech. Thanks:@iancutress

Kellie Mejdrich / Politico:

As big financial industry players like Fidelity Investments push SEC to approve Bitcoin-linked ETFs, crypto lobbying efforts meet resistance from US lawmakers — A strong push by Wall Street to open up access to Bitcoin investment is meeting resistance from a bipartisan group of lawmakers …

Tweets: @pinboard, @ryannegri, @pinboard, @pinboard, @zachary, @taylorlorenz, @max_hodak, @davecraige, @joemccann, @jonahblank, @sarahjamielewis, and @pinboard

Matt Stoller / BIG:

Via Prime, Fulfillment by Amazon, and its Buy Box algorithm, Amazon forces third party Marketplace sellers to keep prices high for consumers across the web — A new antitrust case shows that Prime inflates prices across the board, using the false promise of ‘free shipping’ that is anything but free.

More: Adafruit Industries, The Overspill, and Daring Fireball

Tweets: @matthewstoller, @matthewstoller, @hkanji, @moiragweigel, @shahidforchange, @matthewstoller, @jonastics, @acrossthecurve, @jamessurowiecki, @can, @matthewstoller, and @stevesi

Andreas Kolbe / The Daily Dot:

The Wikimedia Foundation is financially healthy and nearing a $100M endowment target five years ahead of schedule, yet fundraising appeals imply it's struggling — The site is way richer than it wants you to know. — The Wikimedia Foundation (WMF), the non-profit that owns Wikipedia …

More: Telegraph. Tweets: @iansherr, @sub8u, @davidcovucci, @marcan42, @sentdex, @wikiland, @andreworlowski, @wikiland, and @andreworlowski

Neil Cybart / Above Avalon:

Through its custom silicon, integrated sensors, design-led focus on user experience, and broad ecosystem, Apple is a decade ahead of rivals in wearables — Last week, Apple quietly unveiled one of the more remarkable pieces of technology that has been developed in the past few years.

More: Daring Fireball and iPhone Hacks

Tweets: @neilcybart, @scobleizer, @greengart, and @greengart

Aidan Moher / Wired:

Amid a boom in retro gaming, enthusiasts are scouring online marketplaces for old CRTs, as modern displays can't replicate the unique characteristics of CRTs — Thanks to a retro gaming renaissance, enthusiasts are scouring online marketplaces for 20-year-old CRTs.

Tweets: @wired, @marshacollier, @echoplex420247, @verygooster, @whelpmaurice, @tyschalter, @adribbleofink, @adribbleofink, @kenley_k, @finishingmycof1, and @b3ttyoops

Packy McCormick / Not Boring:

A bull case for Ethereum, which is the backbone and a settlement layer of a decentralized internet that continues to grow as DeFi and NFTs explode in popularity — A Bull Case for Ethereum … Hi friends 👋 , — Happy Monday! Sometimes, it's better to be lucky than good.

More: The Irrelevant Investor, Coinmonks, and Crypto Briefing

Tweets: @gavinsbaker, @glynmoody, @packym, @mdudas, @mdudas, and @cnyari

Anne Stych / The Business Journals:

Hello Heart, a heart health management app employers can offer their employees as a benefit, raises $45M Series C led by IVP and says its business is up 3X YoY — Digital health management company Hello Heart has completed a $45 million Series C to drive growth.

Source: helloheart.com. More: VatorNews and medcitynews.com

Doc Searls Weblog:

Apple's claims about respecting privacy aren't fully serious, as the iPhone default doesn't disallow apps from tracking users, instead expecting users to do so — This piece has had a lot of very smart push-back (and forward, but mostly back). I respond to it in Part II, here.

More: Daring Fireball, Pixel Envy, and Protocol

Tweets: @modestproposal1, @hjarche, @itsjeffhiggins, @dsearls, and @jason_kint

South China Morning Post:

Meituan reports Q1 revenue of $5.8B, up 120.9% YoY, and a loss of $752M; CEO says Meituan is reviewing its business practices amid China's antitrust probe — Meituan's first-quarter revenue reached US$5.8 billion, up 120.9 per cent from a year earlier Net losses widened to US$752 million …

Source: PR Newswire. More: Bloomberg, Bloomberg, and PingWest

Pieter Haeck / Politico:

Euroconsumers, a group of EU consumer agencies, partners with Facebook after settling a lawsuit with Facebook in April over alleged illegal user data harvesting — Euroconsumer had promised up to €200 in compensation for people who signed up to its lawsuit against Facebook.

More: Euroconsumers

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From Mediagazer

Todd Spangler / Variety:

Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”, after CBS aired a Late Show rerun in which Colbert mocked Trump

Henry Blodget / Regenerator:

Bari Weiss' 60 Minutes decision may have been a way to both signal that she's serious about shifting CBS' sensibility to the right and “improve” a story

Rebecca Rubin / Variety:

Disney crosses the $6B milestone at the box office for the first time since the COVID-19 pandemic; no other studio has managed to reach $6B since 2015

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More News

Michael Corkery / New York Times:

Some residents worry the warehouse boom in PA's Lehigh Valley, driven by its proximity to NY and e-commerce, is putting long-term economic well-being at risk

Fast Company:

During the pandemic, electronic health record provider Epic quickly rolled out a non-peer reviewed AI-powered tool for triaging patients across US hospitals

Tweets: @fastcompany

Manish Singh / TechCrunch:

India's largest independent e-commerce logistics startup Delhivery has raised $277M led by Fidelity, valuing the startup at ~$3B

More: The Economic Times, Entrackr, The Economic Times, Moneycontrol, and Inc42 Media

Jim Dallke / Chicago Business Journal:

Relativity, which helps law firms analyze large datasets, acquires Text IQ, an AI startup that helps businesses identify sensitive data, reportedly for $100M+

Source: PR Newswire. More: Chicago Business, Artificial Lawyer, Reuters, TechRepublic, and VentureBeat

Tweets: @techrepublic and @therealsjr

Faris Mokhtar / Bloomberg:

Tech companies took up 22% of new office space in Singapore between 2015-2020, up from 8% between 2004-2014, led by Amazon, as financial firms reduced workspace

Tweets: @business

Earlier Picks

Nora Caplan-Bricker / New Yorker:

Despite a wave of complaints, pushback from top universities, lawsuits, and accusations of bias, Proctorio's client list grew over 500% from 2019 to 2021

Tweets: @newyorker, @ncaplanbricker, @hirragilani, @drewharwell, @ct_bergstrom, @jessifer, @bonstewart, @jofrhwld, @krystafauria, @newyorker, @fennelaurora, @shorterpearson, @benwolfevision, @cayneletizia, @autumm, @jessifer, @hypervisible, and @hypervisible

Hannah Murphy / Financial Times:

How online criminals are turning to unlicensed crypto exchanges and over-the-counter crypto brokers to cash out profits and how crypto forensic firms track them

Tweets: @dimartinobooth, @paulkrugman, and @mshannahmurphy

BuzzFeed News:

Venmo will now let users control the visibility of their friends list, following a report in which Biden's Venmo account and connections were easily found

More: Insider, SlashGear, MUO, Gizmodo, Newser, Engadget, The Verge, and CNET

Tweets: @wongmjane, @swiftonsecurity, @eff, @eff, @lamarrwilson, @laszlobock, @wongmjane, @rmac18, @johnwilson, @antumbral, @katienotopoulos, @bascule, @authoridad, @rmac18, @rmac18, and @carnage4life

Chance Miller / 9to5Mac:

In an email to podcasters, Apple says it is delaying the launch of its Podcasts Subscriptions and channels until June and plans improvements to its Podcasts app

Jay Peters / The Verge:

WhatsApp reverses course and says it won't limit functionality for users who don't accept its new privacy policy

More: Tom's Guide, iThinkDifferent, AppleInsider, news.com.au, Gizmodo, Engadget, Mashable, Insider, TNW, MUO, Livemint, phonearena.com, Slashdot, 9to5Mac, and SlashGear. Tweets: @gizmodo