Open Links In New Tab
Mobile Archives Advertise Site News Contact Editors
Techmeme
June 29, 2021, 8:10 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Salvador Rodriguez / CNBC:
US district court dismisses FTC's antitrust complaint against Facebook, saying its definition of market dominance was insufficient, but will let FTC refile it  —  - A federal court on Monday dismissed the Federal Trade Commission's antitrust complaint against Facebook.
More: US District Court for the District of Columbia, New York Times, New York Times, Reuters, The Register, Bloomberg, Wall Street Journal, PCMag, Politico, Protocol, Gizmodo, The Verge, CNET, Insider, GamesIndustry.biz, Axios, Bloomberg, Android Headlines, Washington Post, BIG by Matt Stoller, Financial Times, Android Central, iTnews, Pixel Envy, Tech Xplore, ZDNet, Coinspeaker, TGDaily, The Overspill, phonearena.com, Politico, Insider, Forbes, Cmte Judiciary (D) …, Vox, BBC, Near Media, PYMNTS.com, USA Today, Mashable, The Guardian, NPR, Input, PYMNTS.com, Telegraph, Shacknews, Barron's Online, NBC News, Associated Press, Sputnik News, theepochtimes.com, The Daily Caller, CNN, Slashdot, TechCrunch, Protocol, MSPoweruser, Newser, Variety, Los Angeles Times, New York Post, UploadVR, San Francisco Business Journal, and The Daily Dot
Tweets: @leah_nylen, @cnbcnow, @hawleymo, @ceciliakang, @repkenbuck, @willoremus, @sarahfrier, @b_fung, @amyklobuchar, @caseynewton, @reckless, @levie, @benedictevans, @sarahfrier, @willoremus, @fawfulfan, @notpretzel, @asherschechter, @dealbook, @brendanbordelon, @mikeisaac, @alisonfrankel, @adamnash, @brkend, @mikeelgan, @colorofchange, @gabrielmalor, @ivanthek, @harrylitman, @edmundlee, @marklemley, @profcarroll, @karaswisher, @senwarren, @kantrowitz, @matthewstoller, @caseynewton, @producthunt, @mattrosoff, @robbysoave, @caseynewton, @senblumenthal, @sruhle, @austen, @matthewstoller, @caseynewton, @sarahfrier, @econ_marshall, @repmondaire, @ajitpai, @bobbyallyn, and @mdudas
Salvador Rodriguez / CNBC:
On Monday, Facebook's stock rose 4.2%, closing at $355.64, giving Facebook a $1T market cap for the first time, the fifth US company to hit the milestone  —  - Facebook has hit $1 trillion in market capitalization.  — Facebook stock spiked nearly 5% in late-day trading aided …
Scott Rosenberg / Axios:
The dismissal of FTC suit against Facebook shows the difficulty of making antitrust charges stick and could spur lawmakers to strengthen outdated antitrust laws
Tom Warren / The Verge:
Microsoft releases the first Windows 11 preview, available to Insiders, with major updates included except Teams integration and Android app support  —  The next version of Windows is available for testing  —  Microsoft is releasing its first Windows 11 preview build today.
Tom Warren / The Verge:
Sources: Microsoft is planning to release Windows 11 in October; Microsoft employees have hinted at October 20 in marketing images
Cameron Faulkner / The Verge:
Microsoft rolls out its Xbox Cloud Gaming service via browser to PCs, iPhones, and iPads across 22 countries for Xbox Game Pass Ultimate members  —  No Xbox necessary  —  Microsoft's xCloud, the cloud game streaming component of Xbox Game Pass Ultimate that doesn't require a console to use …
TechCrunch:
Duolingo files for US IPO, reveals revenue growth of 129% YoY in 2020, and reports $55.4M in revenue during Q1 2021  —  The edtech unicorn reveals 129% 2020 revenue growth  —  Duolingo, a Pittsburgh-based language learning business last valued at $2.4 billion, has officially filed to go public.
Jason Gurwin / The Streamable:
YouTube TV gets a 4K Plus add-on package with downloads, 4K, and unlimited streams for $20 more per month; 5.1 Dolby surround sound coming to all subs for free  —  YouTube TV has officially announced their new premium add-on which includes 4K streaming, the ability to download shows offline …
Mitchell Clark / The Verge:
Snapchat says it has fixed the issue causing its iOS app to crash for some users, asks users to manually update the app if they are still facing any problem  —  The app was crashing on launch  —  If you've been experiencing the bug where the iOS version of Snapchat crashes at launch …
Lucas Matney / TechCrunch:
Discord acquires augmented reality startup Ubiquity6, which had raised $37.5M and recently pivoted to become a collaborative service for simple online games  —  After raising tens of millions from investors and executing a pretty substantial pivot earlier this year, augmented reality startup Ubiquity6 …
Sarah Perez / TechCrunch:
Sensor Tower: global consumer mobile app spending hit $64.9B in H1 2021, a record and up 24.8% YoY; install growth slowed to 1.7% overall, declined 10.9% on iOS  —  Consumer spending in mobile apps hit a record $64.9 billion during the first half of 2021, according to preliminary data from app store intelligence firm Sensor Tower.
Mary Ann Azevedo / TechCrunch:
Accel announces fifteenth early-stage US fund at $650M, seventh early-stage European and Israeli fund at $650M, and sixth global growth stage fund at $1.75B  —  Accel announced Tuesday the close of three new funds totaling $3.05 billion, money that it will be using to back early-stage startups …
More: CTech and Reuters
Riley de León / CNBC:
Payments company Payoneer closed ~1.5% lower on its Nasdaq debut via a SPAC merger, giving it a market cap of $1B+; the company was originally valued at $3.3B  —  - Shares of payments company Payoneer closed down roughly 1.5% after its market debut Monday on the Nasdaq, giving it a market cap of just over $1 billion.
Matt Binder / Mashable:
An in-depth look at the rise of influencers, from Kim Kardashian to FaZe Clan and Elon Musk, using their huge platforms to promote altcoins to fans  —  From FaZe Clan to Tana Mongeau, why are so many influencers shilling altcoins?  —  Everyone knows Kim Kardashian, the influencer and reality TV show star …

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference  —  Stop preparing for agents.  Start running them.  100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Stop re-entering Shopify order details in Zoho CRM  —  This is a guest blog from Xapplets (Zeeyes AI Inc).Here's a scene that plays out in many growing Shopify stores every day: a customer places an order …
IDrive:
IDrive Autonomy: low-cost L2+ driver assistance with AI  —  L2+ driver assistance with a scalable AI stack built for automotive companies and laying the foundation for the autonomous future.
Sponsor Techmeme

Featured Podcasts

Lenny's Podcast:
 Why companies are becoming a series of loops | Anish Acharya (a16z)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
 GPT-6 & OpenAI's Comeback, Hugging Face Attack Debate, Ballmer's Scandalous Legacy
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
 The A.I. Mob That Attacked Hugging Face + METR's Ajeya Cotra
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Channels with Peter Kafka:
 Data Centers, Elon Musk, and the New Politics of Tech, with David Weigel
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Sources:
 Sam Altman on OpenAI's next model and the AI backlash
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Tools and Weapons with Brad Smith:
 Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:10 AM ET, June 29, 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

New York Times:
Fox News pulling Maria Bartiromo off the air reflects a growing willingness to break from Trump on certain issues, following its $787.5M Dominion settlement

CBS News:
A US federal judge allows the Pentagon to fire three Stars and Stripes journalists, ruling the government likely did not violate their First Amendment rights

Abbie VanSickle / New York Times:
SCOTUS rules via an emergency order that political parties are entitled to the same low-cost TV ad rates as candidates, giving an advantage to Republicans

More News

Tim Copeland / The Block:
Coinbase CEO Brian Armstrong says the exchange's goal is “to list every asset where it is legal to do so”, and it will provide a ratings system for assets
Cherlynn Low / Engadget:
Samsung details a new smartwatch user interface called One UI Watch, debuting on an upcoming Galaxy Watch later this year

Earlier Picks

Sam Nussey / Reuters:
Sources: SoftBank is scaling back its robotics business globally, including eliminating 165 jobs in France, and has stopped producing its Pepper humanoid
Spencer Soper / Bloomberg:
Interviews with 15 Amazon Flex drivers reveal how algorithms hire, rate, and fire contract drivers with little or no human oversight
Shirin Ghaffary / Vox:
Researchers say the study of social media's large-scale societal impact should be treated as a “crisis discipline”, like climate science or conservation biology
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter