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June 17, 2021, 6:50 PM
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Bobby Allyn / NPR:
Snap eliminates Snapchat's speed filter, which let users show how fast they were moving, after a US court ruled that Snap could be sued for a fatal car crash  —  The maker of the Snapchat app is eliminating a feature known as the “speed filter” that lets users capture how fast they are moving …
Lorenzo Franceschi-Bicchierai / VICE:
Researchers: encryption algorithm GEA-1, used in GPRS data in 2G networks, was deliberately weakened by its designers; ETSI blames export regulations  —  A new paper shows that two old encryption algorithms still used in mobile networks can be exploited to spy on phones' internet traffic.
Casey Newton / Platformer:
By acquiring promising VR games and software companies, Facebook seems to be cornering the VR market, reminiscent of its Instagram and WhatsApp acquisitions  —  A recent shopping spree is giving some folks Instagram-in-2012 vibes  —  Imagine that, over the past year, Facebook had managed …
Salvador Rodriguez / CNBC:
Facebook says it will begin testing ads on Oculus headsets, starting with the shooter game Blaston, and won't use data stored on devices to target ads  —  - Facebook on Wednesday announced that it will begin testing advertisements that will appear within the company's Oculus virtual reality headsets.
Joe Weisenthal / Bloomberg:
Mark Cuban calls for stablecoin regulation, after trading Iron Finance's algorithmic stablecoin DeFi Titanium, which then crashed from $60 to $0 in a day  —  Here's a chart you never want to see.  It's of the DeFi Titanium token, which in one day went from being valued around $60 to $0.
Jack Nicas / New York Times:
Profile of Doug Guthrie, an advocate for doing business in China who advised Apple from 2014-2019, as he now warns of the risks of China's nationalist turn  —  Doug Guthrie, once one of America's leading China bulls, rang the alarm on doing business there.  He spoke about his time at Apple.
Bloomberg:
Wise, previously known as TransferWise, plans to go public on the LSE via a direct listing, the first company to choose an alternative listing in the UK  —  - Founders, employees get extra voting rights for limited time  — Direct listings are becoming more popular among U.S. startups
Mary Ann Azevedo / TechCrunch:
Unit, which helps companies build financial and banking products, raises $51M Series B led by Accel, bringing its total raises to ~$70M  —  We've all heard the phrase, “Every company is a fintech.”  —  But these days, that's becoming more and more true as an increasing number of companies …
Stephen Shankland / CNET:
Google says it is funding a project to increase Linux security by writing parts of the operating system's core in Rust  —  Google said Thursday it's funding a project to increase Linux security by writing parts of the operating system's core in the Rust programming language …
More: TechRadar and Phoronix
Tweets: @stshank, @jeskillings, @stshank, and @stshank.  Thanks:@stshank
Danny Crichton / TechCrunch:
Neo4j, which offers a graph-centric database and related products, raises $325M Series F led by Eurazeo at a $2B+ valuation  —  Databases run the world, but database products are often some of the most mature and venerable software in the modern tech stack.
Johana Bhuiyan / Los Angeles Times:
Report: Ring provided at least 100 LAPD officers with free devices or discount codes and encouraged them to recommend its products to fellow LAPD and the public  —  In a bid to bolster its claims as a crime-fighting tool, Ring deployed a tactic popular in the business world: influencer marketing.
John Koblin / New York Times:
Nielsen announces a new metric, The Gauge, to measure streaming viewing in ~14,000 US homes via hardware that watches internet traffic passing through a router  —  The company known for measuring television ratings said Netflix and YouTube are far ahead of their digital competitors in time watched on TVs …
Kyle Wiggers / VentureBeat:
UserLeap, which builds AI tools to give product managers user insights in real time, raises $38M Series B from a16z and others  —  Elevate your enterprise data technology and strategy at Transform 2021.  —  UserLeap, a platform for AI-powered, continuous research for product teams …
Elias Saba / AFTVnews:
Amazon Appstore unveils a new program that reduces its share of developer revenue from 30% to 20% for developers earning less than $1M per year, starting in Q4  —  The Amazon Appstore has announced that it will be reducing its cut of developer revenue from 30% to 20% for developers that earn less than $1 million in revenue per year.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:50 PM ET, June 17, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

More News

Liza Lin / Wall Street Journal:
Leaked memo: ByteDance says its annual revenue in 2020 grew 111% YoY to $34.3B, while gross profit rose 93% YoY to $19B

Earlier Picks

Nilesh Christopher / Rest of World:
Experts say India's courts, not India's government, have power to decide whether Twitter should keep its safe harbor protections in India under new IT rules
Reuters:
At the summit, Biden told Putin that certain critical infrastructure should be “off-limits” to cyberattacks; Putin agreed to “begin consultations” on the issue
Jordan Novet / CNBC:
Microsoft has named CEO Satya Nadella as chair of its board, replacing independent director John Thompson, who succeeded Bill Gates as chair in 2014
Igor Bonifacic / Engadget:
In Xbox's June update, Microsoft adds a Stories-like feature to the Xbox mobile app and rolls out text-to-speech and speech-to-text accessibility features
James Vincent / The Verge:
Facebook launches a new suite of tools for admins of Groups, including AI-powered Conflict Alerts that identify “contentious or unhealthy conversations”
Dieter Bohn / The Verge:
After years of pop-up experiments, Google says its first retail store, located in the Chelsea neighborhood of NYC, will open on June 17
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