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June 18, 2021, 8:00 AM
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Top News

Hannah Murphy / Financial Times:
Ukrainian police arrest members of ransomware gang Clop, the first time that a national law enforcement agency has carried out mass arrests of such a gang  —  Arrests of Cl0p hacker group members adds to pressure on other countries to follow suit  —  Ukrainian police have arrested members …
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.
Amanda Silberling / TechCrunch:
Spotify has acquired Podz, a podcast discovery startup whose tech helps podcasters promote their show using ML to select 60-second clips of key moments  —  Podcasts are all the rage, but podcast discovery is a challenge.  Today, Spotify announced its acquisition of Podz …
Laurel Deppen / GeekWire:
Seattle-based Leafly, which runs an online marketplace for cannabis, raises $23M from existing investors; Leafly has 120M annual visitors  —  Seattle-based online cannabis marketplace Leafly has closed $23 million in new funding, GeekWire confirmed with the company.
Sam Byford / The Verge:
OnePlus CEO Pete Lau says OnePlus and Oppo will have more integrations moving forward, further hinting at a possible merger  —  OnePlus says it will ‘further integrate’ its business with Oppo.  But what does that really mean?  —  OnePlus CEO Pete Lau has announced a “new journey” …
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 and share it with friends, NPR has learned.
Manish Singh / TechCrunch:
PUBG Mobile returns to Google Play Store in India with new name Battlegrounds Mobile India, after being banned for nine months on national security grounds  —  Krafton, which filed for an IPO earlier this week, has built a gigantic gaming empire.  If the firm is able to raise the target $5 billion …
Johana Bhuiyan / Los Angeles Times:
Emails from 2016 show Ring provided ~100 LAPD officers with free devices or discount codes and encouraged them to promote its devices to fellow LAPD, 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.
Ryan Barwick / Morning Brew:
Study: 48% of ad traffic on “fake” news publishers and 32% of ad traffic on “low credibility sites” like Breitbart is served by Google  —  It's about a third for"low credibility" sites. … Fake news is a problem.  Yet the sites that publish it keep surviving …
Ingrid Lunden / TechCrunch:
Transform, which develops tools for businesses to query and build metrics from data troves, comes out of stealth with $20M Series A, after $4.5M seed in 2020  —  The biggest tech companies have put a lot of time and money into building tools and platforms for their data science teams …
More: FinSMEs
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.
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
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:00 AM ET, June 18, 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

Jazz Monroe / Pitchfork:
Sources: nearly all staff at music outlets BrooklynVegan, Alternative Press, Revolver, and Goldmine appear to have been laid off by Veeps, owned by Live Nation

Etan Vlessing / The Hollywood Reporter:
FuboTV reports Q3 revenue up 38% YoY to $1.48B, a $25.7M net loss, vs. a $38M loss a year earlier, and North American subscribers up 2% to 5.75M; FUBO jumps 12%

Jennifer Maas / Variety:
Disney reports Q3 revenue up 7% YoY to $25.2B, below $25.4B est., adjusted EPS of $2.06, above $1.85 est., and entertainment revenue up 6% to $11.3B

More News

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

Earlier Picks

Sarah Perez / TechCrunch:
Instagram launches ads in Reels worldwide; the ads can be up to 30 seconds and vertical in format
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
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
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
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
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
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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