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June 2, 2021, 12:00 PM
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| Elizabeth Paton / New York Times: |
Etsy says it is buying the London-based fashion resale app Depop, popular with Gen Z, for $1.6B in an all-cash deal — The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic. — Depop, the fashion resale marketplace beloved …
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Financial Times, ZDNet, TechCrunch, Etsy, Inc., CNET, PYMNTS.com, Tech.eu, Protocol, New York Business Journal, Engadget, AppleInsider, The Economic Times, CNBC, Bloomberg, chainstoreage.com, Input, Silicon Canals, The Verge, Tamebay, The Business of Fashion, and Insider
Tweets: @annacafolla, @jpwiseuk, and @lizziepaton
| Kevin Breuninger / CNBC: |
A spokesperson for Donald Trump says his blog, used to share statements after he was banned on Facebook and Twitter, has been permanently shut down — - Former President Donald Trump's blog has been permanently shut down. — The page, “From the Desk of Donald J. Trump,” …
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Protocol, The Verge, Engadget, and Variety
| Annie Palmer / CNBC: |
Amazon announces this year's Prime Day will take place on June 21 and 22, returning to its typical summertime slot — - Amazon's annual Prime Day event will take place June 21 and 22, the company announced Wednesday. — Prime Day is returning to its normal summertime slot after Amazon postponed …
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About Amazon, Business Wire, The Verge, Android Police, Ars Technica, The Verge, CNET, PYMNTS.com, International Business Times, Variety, iMore, CNET, Fast Company, New York Times, ZDNet, Engadget, Forbes, and Tom's Guide
Tweets: @rmac18 and @amazonnews
| Mark Gurman / Bloomberg: |
Source: Apple has lost at least three top managers of its self-driving car team in recent months — - Company sees at least three departures from top of car group — Apple has begun early work on an autonomous electric vehicle — Apple Inc. has lost multiple top managers …
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AppleInsider, 9to5Mac, MacRumors, iPhone in Canada Blog, MacDailyNews, Wccftech, Slashdot, and iMore
Tweets: @tgmason and @robinwauters
| Arjun Kharpal / CNBC: |
Huawei details HarmonyOS, designed to run across multiple devices, coming to Mate 40 and foldable Mate X2 smartphones, Watch Series 3, and MatePad Pro tablet — - Huawei has launched HarmonyOS on its flagship Mate 40 and foldable Mate X2 smartphones, the Watch Series 3 smartwatch and MatePad Pro tablet.
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The Verge, The Verge, androidauthority.com, The Verge, The Verge, TechCrunch, XDA Developers, 9to5Google, 9to5Google, BBC, CNET, Bloomberg, TechRadar, and Wall Street Journal. Tweets: @dcseifert
| Stephen Nellis / Reuters: |
A CA court dismissed bribery charges against Apple's security chief Thomas Moyer, saying accusation of iPad donations for gun permits was “pure speculation” — A court in California on Tuesday dismissed bribery charges against Apple Inc's (AAPL.O) security chief … | Nikkei Asia: |
Analysis: Apple had more suppliers in China than any other country including Taiwan in 2020; number of Apple suppliers in US also slid despite Trump's trade war — Number of US companies in supply chain also slides despite Trump's trade war — TAIPEI — China now boasts more Apple suppliers …
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9to5Mac, Patently Apple, Financial Times, iMore, and The Mac Observer
Tweets: @adam_tooze and @mtdtl
| Nikhilesh De / CoinDesk: |
Coinbase says Coinbase Pro users will be able to trade dogecoin starting Thursday “if liquidity conditions are met” — The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.
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The Coinbase Blog, CNBC, Cointelegraph, Forbes, Coin Journal, KnowTechie, CNBC, Blockonomi, blockchain.news, Bitcoin News, The Block, Crypto Briefing, and Cointelegraph
Tweets: @coinbasepro and @askthedr
| Reuters: |
JBS, the world's top meatpacker, is hit by a ransomware attack, leading it to pause its Australian operations, livestock slaughter in many US states, and more — - The attack caused JBS's Australian operations to shut down on Monday. The company, the world's largest meatpacker, said it was working to resolve the incident.
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Washington Post, Reuters, The Block, The Guardian, Ars Technica, BleepingComputer, The Record, Vox, The Verge, Bloomberg, CNBC, Gizmodo, Silicon Republic, Bloomberg, news.com.au, New York Post, CNN, Associated Press, SiliconANGLE, Wall Street Journal, Wired, New York Times, Insider, USA Today, ZDNet, Newsweek, New York Magazine, CNET, Washington Post, The Hill, VentureBeat, iTnews, NPR, New York Post, Politico, Reuters, VICE, Gizmodo, Financial Times, Newser, and TechRadar
Tweets: @thestalwart, @malwarejake, @dangillmor, @kevincollier, @jeffjohnroberts, @dalperovitch, @dalperovitch, @chuckgrassley, @sjcasey, @zerohedge, @juliadavisnews, @dalperovitch, @jimlangevin, @jeffstone500, @amandacarpenter, @alexjamesfitz, @tomgara, @steventdennis, @ggreeneva, @conorsen, @bbqsnob, @omid, @campuscodi, @gcluley, and @_mcginness
| Wall Street Journal: |
Documents: SEC told Tesla last year that Elon Musk twice violated a court-ordered policy requiring his tweets be vetted by lawyers in 2019 and 2020 — SEC said Musk flouted court-ordered policy in 2019 and 2020, records show — WASHINGTON—Securities regulators told Tesla Inc. last year … | Ashley Carman / The Verge: |
Spotify announces Only You, which gives users personalized playlists and insights based on habits, and Blend, letting two friends merge tastes in a playlist — Spotify loves when people share its annual Wrapped music breakdown on social media, so it's making that more of a year-round treat.| Reuters: |
TSMC has started construction on its 5nm semiconductor factory in Arizona and says 3nm production in Taiwan is on track to start volume production in H2 2022 — Construction has started at a site in Arizona where Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) (TSMC) …
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Bloomberg, HotHardware.com News, MacRumors, iThinkDifferent, Nikkei Asia, AppleInsider, iMore, Telecoms.com, and Wccftech. Tweets: @dnystedt
| Mary Ann Azevedo / TechCrunch: |
Yieldstreet, which lets users make alternative investments in areas like real estate and shipping, raises $100M Series C, bringing its total raised to $278.5M — These days, investing goes way beyond the stock market. And in recent years there's been a growing number of startups which aim …
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FinSMEs, FinLedger, and AlleyWatch
| Katie Roof / Bloomberg: |
Shippo, a shipping software and services startup, raises $50M led by Bessemer at a $1B valuation — - Startup roughly doubled valuation from earlier this year — $50 million comes from existing investors led by Bessemer — Shipping startup Shippo is now valued at $1 billion amid a boom in e-commerce.| Eduardo Porter / New York Times: |
Critics worry Biden's rural-first broadband strategy could leave urban America behind; 13.6M urban households don't have broadband vs. 4.6M rural households — Many more people in cities lack broadband access than in rural areas, but lawmakers are primarily focused on extending high-speed access to remote areas.| Thomas Brewster / Forbes: |
Researcher finds that Alibaba-owned UC Browser app on iOS and Android sends information on every website a user visits to UCWeb servers, even in incognito mode — If you went to download Alibaba-owned app UC Browser this month, whether from Google's Android Play store or Apple's iOS App Store …
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Medium, 9to5Mac, Candid.Technology, iPhone Hacks, AppleInsider, Daring Fireball, and Pixel Envy
Tweets: @hookgab, @johnwilander, @djsnm, @campuscodi, @iblametom, @iblametom, @iblametom, and @iblametom
| Jem Aswad / Variety: |
YouTube says it has paid over $4B to the music industry in the last 12 months and has added more paid members in Q1 2021 than in any other quarter since launch — YouTube paid out more than $4 billion in royalties to artists, songwriters, and rights-holders, according to a new blog post … | Charles Duhigg / New Yorker: |
A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge — Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hype—but hype can be its own economic engine.
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Yahoo Finance, New York Times, Insider, Insider, and Bloomberg
| Mary Ann Azevedo / TechCrunch: |
Synctera, which develops tools to help match up community banks and fintechs, raises $33M Series A led by Fin VC, six months after raising $12.4M seed — Synctera, which aims to serve as a matchmaker for community banks and fintechs, has raised $33 million in a Series A round of funding led by Fin VC.
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Crunchbase News, FinLedger, and The Paypers
| Manish Singh / TechCrunch: |
Locus, which uses AI to help businesses map out their logistics, raises $50M Series C led by Singapore's GIC, source says at a $300M valuation — Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to expand its presence.
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FinSMEs, Entrackr, The Economic Times, and Tech in Asia
| Tom Warren / The Verge: |
Nvidia GeForce RTX 3030 Ti review: very quiet, ideal for 1440p and 4K gaming, and DLSS is great, but expensive at $1,199, runs hot, and has a clunky adaptor — Nvidia goes back to 4K for more than $1K — Last year's Nvidia RTX 3080 was the first GPU to make 4K gaming finally feasible.
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Ars Technica, VentureBeat, Engadget, CNET, PCWorld, and Rock, Paper, Shotgun. Tweets: @tomwarren
| Danny Crichton / TechCrunch: |
Pinwheel, which provides an API to help clients like neobanks connect to payroll systems, raises $20M Series A led by Coatue — One of the most strategically important financial relationships for neobanks is becoming the account destination for a user's paycheck.
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FinLedger
| Bloomberg: |
A draft EU proposal, set to be unveiled Thursday, details a plan for European Digital Identity Wallets, letting citizens access services across the bloc — - European Digital Identity proposal to be unveiled on Thursday — Digital wallet will offer access to services across the bloc| Daphne Leprince-Ringuet / ZDNet: |
TrendForce report: the combined revenue of the top 10 foundries, which make silicon wafers for semiconductors, reached a record-high of $22.75B in Q1 2021 — A new report shows that in the face of unprecedented demand, chip manufacturers are increasing the price of wafers, leading to exceptional revenues across the industry.
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TrendForce, TechRepublic, CNBC, and The Register
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