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June 21, 2021, 12:00 PM
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Top 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 …
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.
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 …
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
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.
The Information:
Sources: Shopify is rolling out a service that will let BuzzFeed and other content publishers link to merchants in exchange for a cut of transaction revenue  —  Shopify, which has become a major force in e-commerce by providing online tools to merchants, is rolling out a new service …
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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 …
Martin Arnold / Financial Times:
European Central Bank board member says a digital euro will protect consumer privacy and protect the eurozone from the “threat” of competing cryptocurrencies  —  Fabio Panetta admits some oversight by regulators is necessary to avoid misuse  —  The introduction of a digital euro …

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This is a Techmeme archive page. It shows how the site appeared at 12:00 PM ET, June 21, 2021.

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From Mediagazer

Kristen Hare / Poynter:
In its first open call for funding, Press Forward announces support, over two years, of $100,000 each for 100+ newsrooms focused on underserved audiences

Tariq Panja / New York Times:
Sources: FIFA is close to giving Apple the global rights for its 2025 World Cup-style soccer competition in the US, likely for ~25% of FIFA's first $4B estimate

Ian Youngs / BBC:
Huw Edwards, the BBC news anchor who has been off air since July 2023 after reports that he paid a young person for explicit images, resigns on “medical advice”

More News

Ax Sharma / BleepingComputer:
Researcher finds iPhone bug that disables wireless functionality after joining a WiFi network called “%p%s%s%s%s%n”; resetting network settings fixes the issue

Earlier Picks

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
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
Wall Street Journal:
Analysts say the dominance of TSMC, which makes ~92% of the world's most sophisticated chips and 60% of chips used in cars, poses risks to the global economy
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