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June 21, 2021, 8:30 AM
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WeSmirchTop News
| Global Times: |
China's Sichuan Province closes crypto mines, following Xinjiang, Inner Mongolia, and Yunnan; an estimated 90% of China's mining capacity has now been shut down — Many Bitcoin mines in Southwest China's Sichuan Province - one of China's largest cryptocurrency mining bases - were closed as of Sunday …
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The Block, CoinDesk, Bloomberg, Reuters, Gizmodo, Forbes, Bloomberg, Decrypt, France 24, Reuters, New York Post, blockchain.news, Bloomberg, Cryptonews, Blockonomi, CNBC, Pandaily, and CoinDesk. Tweets: @thestalwart
| Coco Feng / South China Morning Post: |
As China expands its crackdown on cryptocurrency mining farms, analysis shows the price of GPUs has fallen on many e-commerce platforms in the country — Graphics cards from companies including Nvidia and Asus saw prices fall by as much as two-thirds on e-commerce platforms amid China's …
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The Economic Times, Finbold, CoinDesk, Coinspeaker, and blockchain.news
| Sami Fathi / MacRumors: |
Germany's Federal Cartel Office announces an antitrust investigation into Apple's App Store, pre-installed apps, and more — Germany's Federal Cartel Office, the Bundeskartellamt, today initiated proceedings against Apple on the claims of anti-competitive behavior related to the App Store …
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Bundeskartellamt, 9to5Mac, TechCrunch, Bloomberg, AppleInsider, Reuters, iDownloadBlog.com, and iMore
Tweets: @kartellamt, @markscott82, and @markscott82
| Sarah Perez / TechCrunch: |
Facebook rolls out Live Audio Rooms, available to verified public figures and select Groups, and its podcast service, available to select partners, in the US — In April, Facebook announced a series of planned investments in new audio products, including a Clubhouse live audio competitor as well as new support for podcasts.| Sam Shead / CNBC: |
Google says it has decided not to reopen Campus, its London-based startup space, after the pandemic forced it to close — - The Silicon Valley tech giant announced on Monday that it has decided “not to reopen” Campus in East London after it was forced to close by the coronavirus pandemic.| Douglas Busvine / Reuters: |
Forto, a freight forwarding service that gives customers real-time data, raises $240M led by SoftBank's Vision Fund 2 at a $1.2B valuation — Forto has raised $240 million from investors led by Softbank (9984.T), the freight technology startup said on Monday, and will invest in expanding …
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Tech.eu, Silicon Canals, and PR Newswire
| Rita Liao / TechCrunch: |
Amber Group, a Hong Kong-based crypto finance startup that provides trading and asset management services, raises $100M Series B at $1B pre-money valuation — More mainstream venture capital firms are jumping on the crypto bandwagon as investors increasingly consider bitcoin an investable asset …
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CNBC, Silicon Republic, Bloomberg, Decrypt, CoinDesk, Coinspeaker, TNW, Forkast, and Cointelegraph. Tweets: @_annabellehuang
| Romain Dillet / TechCrunch: |
Revolut says it had $361M in 2020 revenue, up 57% YoY, non-adjusted operating loss reached $277M due to staff costs, and retail customers rose 45% to 14.5M — Fintech startup Revolut has filed some financial results and is sharing details with the press. In 2020, the company reported $361 million … | Sam Shead / CNBC: |
A look at Founders Forum, the annual UK event branded as the “Davos of tech” attended by Europe's top CEOs and investors from technology and media — - Attendees of the annual Founders Forum event included the former U.K. Prime Minister David Cameron, ex-Finance Minister George Osborne …
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Beyond Search
| Sarah Frier / Bloomberg: |
Real estate mogul Frank McCourt says he plans to invest $100M to build a blockchain-based database of social connections, sidestepping the dominant social apps — Frank McCourt wants to build a blockchain-based alternative to Facebook — Frank McCourt, the billionaire real estate mogul …
More:
Decrypt, PR Newswire, Coin Journal, Cointelegraph, CoinDesk, South China Morning Post, and Slashdot
| Richard Pallot / ITV: |
Investigation finds Amazon has been destroying thousands of unsold goods at its UK-based Dunfermline warehouse; source says 130K items are destroyed per week — Exclusive: Watch footage showing the ‘destruction zone’ in Amazon's Dunfermline warehouse where millions of unsold items are destroyed every year
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ITV. Tweets: @itvnews, @olifranklin, @janeygodley, @misszing, @alexhern, @itvnews, @sam_l_shead, @itvnews, @itvnews, and @anneapplebaum
| Matt Dougherty / KHOU-TV: |
Some power companies in Texas are remotely adjusting the smart thermostats of users enrolled in their energy saving programs to reduce strain on power grids — Some said they didn't know their thermostats were being accessed from afar until it was almost 80 degrees inside their homes.
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Protocol, BGR, Android Police, The Verge, Insider, AppleInsider, Gizmodo, USA Today, and Click2Houston.com
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