Techmeme
June 8, 2021, 12:15 PM

Top News

TechCrunch:
Many large websites went down Tuesday, including Amazon, Twitch, BBC, NYT, Spotify, Reddit, and FT, due to an issue at the Fastly CDN, which has now been fixed  —  Countless popular websites including Reddit, Spotify, Twitch, Stack Overflow, GitHub, gov.uk, Hulu, HBO Max, Quora, PayPal …
Wall Street Journal:
US investigators seize nearly 64 bitcoins, valued at ~$2.3M, that Colonial Pipeline had paid in ransom to hackers last month; source says ransom was 75 bitcoin  —  Law-enforcement officials seize nearly 64 bitcoin of ransom paid after cyberattack led to closure of East Coast fuel conduit
Ryan Browne / CNBC:
Bitcoin slid 7%+ to $32,936 after US seized most of the Colonial Pipeline ransom and is down ~50% from its all-time high of ~$63K; ether and XRP also fell 7%  —  - The world's largest cryptocurrency slid 11% to a price of $31,629 Tuesday.  — U.S. officials said Monday they have seized $2.3 million …
Catalin Cimpanu / The Record:
In a huge sting operation, FBI and Australian Federal Police ran an encrypted chat service AN0M for 3+ years to intercept messages between criminals globally  —  The FBI and Australian Federal Police ran an encrypted chat platform and intercepted secret messages between criminal gang members …
ProPublica:
Leaked IRS data shows how billionaires manage to pay little in income tax; in 2007 and 2011, Jeff Bezos paid zero income tax, and Elon Musk did the same in 2018  —  The Secret IRS Files  —  In 2007, Jeff Bezos, then a multibillionaire and now the world's richest man, did not pay a penny in federal income taxes.
Benjamin Mayo / 9to5Mac:
Starting with iOS 15, iPhones can be traced via the Find My network even while powered off or after factory reset  —  With iOS 15, your iPhone is still traceable through the Find My network even when the device is powered off.  It seems that with iOS 15, the phone is not really fully ‘powered off’ …
Hartley Charlton / MacRumors:
Zac Hall / 9to5Mac:
Mitchell Clark / The Verge:
Reuters:
Apple: iCloud Private Relay will not work in China, Belarus, Colombia, Egypt, Kazakhstan, Saudi Arabia, South Africa, Turkmenistan, Uganda, and the Philippines  —  Apple Inc (AAPL.O) on Monday said a new “private relay” feature designed to obscure a user's web browsing behavior …
Wayne Ma / The Information:
Investigation found 100+ online ads for production line jobs at 30+ companies in Apple's supply chain that contained discriminatory language  —  Some of the companies in China that supply Apple with parts for its devices are willing to use workers from the predominantly Muslim group known as Uyghurs …
Oliver Haslam / iMore:
Apple introduces Object Capture, an API on macOS Monterey that enables developers to turn 2D images of real-world objects into 3D models optimized for AR  —  Apple announced a ton of new software updates today and they all need new tools to allow developers to do what they need to if they want to make great apps.
Sam Byford / The Verge:
Adobe launches M1 Mac-native versions of more Creative Cloud apps including Lightroom Classic and Illustrator, claims 80%+ faster performance than Intel Macs  —  Performance should be about twice as fast as an equivalent Intel Mac  —  Adobe is now shipping new versions of more Creative Cloud apps …
Thomas Grove / Wall Street Journal:
Russia has been pressuring social media platforms like YouTube and Twitter to remove anti-government content and police its critics, and it seems to be working  —  Kremlin uses Twitter and other platforms to advance its goals overseas, but is now trying to prevent its opponents from using the same tools
Manish Singh / TechCrunch:
In a letter to shareholders and employees, India's Paytm has confirmed that it plans to file for an IPO  —  Paytm, India's most valuable startup, confirmed to its shareholders and employees on Monday that it plans to file for an IPO.  —  In a letter to shareholders and employees …
More: Bloomberg
Kyle Wiggers / VentureBeat:
Austin-based cyber risk analytics service Brinqa raises $110M growth round from Insight Partners  —  Elevate your enterprise data technology and strategy at Transform 2021.  —  Brinqa, a cyber risk analytics platform based in Austin, Texas, today announced it has raised $110 million …
Taylor Soper / GeekWire:
Stackline, which offers tools to help e-commerce businesses, including ad automation and operations management, raises $130M Series B  —  New funding: E-commerce startup Stackline landed $130 million from TA Associates as part of a Series B round.  It comes less than a year after Stackline raised a separate $50 million round.

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Earlier Picks

Chris Welch / The Verge:
Jay Peters / The Verge: