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June 9, 2021, 4:40 AM
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| Makena Kelly / The Verge: |
Senate passes bill providing $52B for domestic semiconductor manufacturing, a 30% NSF funding bump, and $29B for science directorate; bill now heads to House — The funding is on track to meet Biden's chip goals — This story is part of a group of stories called| Christina Wilkie / CNBC: |
Biden admin announces steps to bolster US supply chains, including for chips and rare earth metals, and a “strike force” to combat unfair trade practices — - The Biden administration announces new actions designed to strengthen critical U.S. supply chains.
Source:
The White House. More:
Wall Street Journal, NBC News, MarketWatch, Axios, Insider, Politico, Bloomberg, Reuters, and Reuters
Tweets: @briandeesenec, @noahpinion, @toddntucker, @cptwei, and @dorismatsui
| Arjun Kharpal / CNBC: |
El Salvador becomes first country to adopt bitcoin as legal tender after lawmakers voted by a “supermajority” in favor of the Bitcoin Law — - El Salvador's has become the first country to adopt bitcoin as legal tender. — Lawmakers in the South American country's Congress voted by a …
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Reuters, CoinDesk, Blockcrunch, Forkast, Bloomberg, The Block, Crypto Briefing, and Axios
Tweets: @nayibbukele, @nayibbukele, @satoshilite, @prestonjbyrne, @balajis, and @ftx_official
| Adam Mosseri / Instagram: |
In the first of a series of blog posts, Instagram explains how it ranks Feed, Stories, Explore, and Reels, and addresses “shadowbanning” accusations — It's hard to trust what you don't understand. We want to do a better job of explaining how Instagram works.
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International Business Times, WeRSM, Social Media Today, PetaPixel, and Adweek
Tweets: @mixtatiq, @mosseri, @carnage4life, @stalman, @mosseri, @kaludiasays, @j_levy, @liahaberman, @mikeisaac, @rmac18, @mosseri, @snackfight, @spurs_four, @nickclegg, and @instagramcomms
| Karissa Bell / Engadget: |
Facebook and Instagram will now reward influencers with cash bonuses for hitting certain milestones, like selling a set number of badges in an Instagram stream — new tools to help its creators earn more money from the platform. At its first Creator Week event, Mark Zuckerberg introduced …
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About Facebook, Bloomberg, BuzzFeed News, Neowin, Social Media Today, Gizmodo, Variety, and Tubefilter
Tweets: @mosseri, @mosseri, @chrismessina, @iiiitsandrea, @jackdamn, and @vishalshahis
| Sarah Perez / TechCrunch: |
Apple Music debuts Spatial Audio and Lossless Audio and adds Spatial Audio playlists, says Spatial Audio support is “coming soon” for Android devices — Last month, Apple announced it would soon add lossless audio streaming and Spatial Audio with support for Dolby Atmos to its Apple Music subscription at no extra charge.
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Apple, CNET, androidauthority.com, Digital Trends, iMore, iDownloadBlog.com, MacRumors, 9to5Mac, mobilesyrup.com, Somag News, India Today, The Digital Fix, Republic World, The Apple Post, Dance Music NW, Stuff, and What Hi-Fi?
Tweets: @samifathi_, @stroughtonsmith, @snazzyq, @zollotech, @jsngr, @tldtoday, @snazzyq, @tldtoday, @bzamayo, @maxwinebach, @tldtoday, and @snazzyq
| Casey Newton / Platformer: |
Ad-supported and subscription-only newsletters both have ways to understand audiences without the tracking pixels blocked by Apple's Mail Privacy Protection — How Mail Protection Privacy will force the email economy to adapt — Today, let's talk about one of Apple's many announcements …
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AppleInsider and world.hey.com
Tweets: @benedictevans, @baekdal, @mattietk, @baekdal, @patrickmcgee_, @baekdal, @dhh, @caseynewton, @benedictevans, @mattietk, @mattietk, @mattietk, and @baekdal
| Joshua Benton / Nieman Lab: |
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Litmus, 500ish, Wired, Medium, The Verge, and TechRadar
Tweets: @rjonesy, @alexcwilliams, @jacksondame, @jbenton, @niemanlab, @nathanbarry, @ddamned, @martinsfp, @jbenton, and @mattnavarra
| Jackie Borchardt / The Columbus Dispatch: |
Ohio's AG files lawsuit with Delaware County Court alleging that Google's search business is anticompetitive and asks court to declare Google a public utility — Ohio Attorney General Dave Yost has filed a lawsuit asking a court to declare Google a public utility that should be regulated as such.
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Ohio Attorney General …, Wall Street Journal, Ars Technica, The Register, Techdirt, The Hill, and Insider
Tweets: @ohioag, @rustybrick, @jordanchariton, @craigcalcaterra, @mmasnick, and @bryanrbeal
| Kevin Roose / New York Times: |
As Uber and Lyft aim to become profitable this year, it seems like a golden era of VC-subsidized services, from Uber to Bird and MoviePass, is coming to an end — The price for Ubers, scooters and Airbnb rentals is going up as tech companies aim for profitability.| Sarah Perez / TechCrunch: |
Apple opens up the ShazamKit framework to third-party apps, including on Android, allowing them to use Shazam's audio recognition tech — Apple in 2018 closed its $400 million acquisition of music recognition app Shazam. Now, it's bringing Shazam's audio recognition capabilities to app developers in the form of the new ShazamKit.| 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 … | Ben Thompson / Stratechery: |
Apple's tight integration is how it creates great experiences like SharePlay, but the advantage is imperiled by anticompetitive App Store rules like the 30% cut — Apple acquired Dark Sky, the popular weather app and weather API provider, in March of 2020; the Android version was shut down in July, and the API in December.
Tweets: @joshgans and @stratechery
| Aoife White / Bloomberg: |
Google will show more mobile search apps to choose from on new Android phones in Europe and make participation free for search providers — - Company will show more mobile search apps and get rid of a fee — Google has faced criticism over compliance with an EU order
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The Keyword, Android, MediaNama, TechCrunch, MSPoweruser, and Search Engine Land
Tweets: @lewis_crofts, @timschu, @suka_hiroaki, @lewis_crofts, @lewis_crofts, @a_maehl, and @technology
| Joanna Ossinger / Bloomberg: |
Chainalysis: American bitcoin traders made $4.1B in profits last year, 3x more than Chinese traders, followed by Japan, UK, Russia, and Germany — - Chainalysis ranks top 25 countries by biggest realized gains — China comes in second, with $1.1 billion in Bitcoin profits| Meaghan Tobin / Rest of World: |
Facebook says it fixed a proxy error in its Discover app after researchers found it removed images from other websites more frequently than Facebook's services — Researchers found the new connectivity app favored Facebook's own products. The company said it fixed the issue after Rest of World asked about it.
More:
Engadget, ACM Digital Library, and The Overspill
Tweets: @lmatsakis, @anirvan, @anupkaphle, @restofworld, @lmatsakis, @eehrn, @lmatsakis, @mattnavarra, and @nothiast
| Ari Levy / CNBC: |
Marc Benioff says he expects 50% to 60% of Salesforce employees to work from home even after the pandemic ends, up from about 20% before the pandemic hit — - In an interview on Monday, Salesforce CEO Marc Benioff said that the number of employees working from home will remain high even after the pandemic ends.| Wallace Witkowski / MarketWatch: |
After its April IPO, UiPath reports Q1 revenue of $186.2M, up 65% YoY, ARR of $653M, up 64% YoY, and a loss of $239.7M, vs ~$53M YoY; stock down ~7% after hours — Stock closes Tuesday 36% above April IPO price — UiPath Inc. shares fell in the extended session Tuesday even after the … | Rebecca Szkutak / Forbes: |
Grabango, which develops computer vision-based check-out free tech for existing grocery and convenience stores, raises $39M Series B led by Commerce Ventures — In 2016 Will Glaser was consulting for tech companies and found himself increasingly immersed in autonomous vehicles … | Aman Sethi / New York Times: |
A look at the legal fight between Amazon and Reliance over Indian retail company Future Group, which has agreed to sell its retail assets to Reliance for $3.4B — The American company sees big potential in the country's nascent e-commerce market. Both sides view a troubled grocery store chain as the key to success.| Melissa Heikkilä / Politico: |
An open letter with 170 signatories in 55 countries calls for a ban on biometric recognition tech, after EU proposes AI rules that critics say have loopholes — Activists fear loopholes in the bloc's artificial intelligence bill could allow for widespread facial recognition beyond Europe's borders.
Tweets: @accessnow and @libertyhq
| Cassidy Ritter / Built In Austin: |
Overhaul, whose software allows companies to have full visibility of their supply chain in real time, raises $35M Series B led by Macquarie Capital — Supply chain startup Overhaul announced Tuesday it raised a $35 million Series B round. This brings the company's total funding to $55 million …
More:
Austin American-Statesman and Overhaul
| Ankit Ajmera / Reuters: |
Chinese grocery delivery app Dingdong Maicai, which is backed by Sequoia Capital and Tiger Global Management, has filed for a US IPO; it has raised $1B+ total — (Reuters) - Chinese grocery app Dingdong Maicai, backed by investors including Sequoia Capital and Tiger Global Management …
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