Techmeme
July 1, 2021, 10:50 AM

Top News

Salvador Rodriguez / CNBC:
Adam Mosseri says Instagram plans to test video more broadly, calls TikTok and YouTube competitors, and says Instagram is “no longer a photo-sharing app”  —  - Facebook's head of Instagram said the service plans to start showing users full-screen, recommended videos in their feeds.
Kyle Bradshaw / 9to5Google:
Google updates its Passes API to let users store COVID vaccine cards on Android devices, starting in the US, and says it won't keep a copy of user's information  —  Google has announced today that Google Pay is now capable of saving and displaying COVID-19 vaccination cards on Android …
Jacob Kastrenakes / The Verge:
TikTok is rolling out longer videos of up to three minutes, up from one minute, to all users over the coming weeks, after testing them since December  —  Now up to three minutes  —  TikToks are about to get longer.  The app is now rolling out the ability for everyone to publish videos …
Paul Sawers / VentureBeat:
Jonathan Zittrain / The Atlantic:
A look at link rot, and projects like Perma, which are trying to give authors of enduring documents like scholarly papers a way to preserve links permanently  —  Sixty years ago the futurist Arthur C. Clarke observed that any sufficiently advanced technology is indistinguishable from magic.
Thomas Claburn / The Register:
Sources: IBM's company-wide email migration, 18 months in the making, has left many employees unable to use email or schedule calendar events for several days  —  IBM's planned company-wide email migration has gone off the rails, leaving many employees unable to use email or schedule calendar events.
David Ingram / NBC News:
A federal judge has issued a preliminary injunction blocking Florida's Stop Social Media Censorship Act from going into effect, which was scheduled for Thursday  —  A federal judge Wednesday put on hold a first-of-its-kind law in Florida that authorized the state to penalize social media companies …
Paul Alcorn / Tom's Hardware:
Micron announces that it has agreed to sell its 3D XPoint fab in Utah to Texas Instruments for $900M in cash  —  Micron announced today that it has entered into a definitive agreement to sell its Lehi, Utah fab to Texas Instruments for $900 million in cash.
Ercan Ersoy / Bloomberg:
Hepsiburada.com, one of Turkey's largest online shopping services, raises $470M in its Nasdaq IPO at a $3.9B valuation  —  - E-commerce platform gets $738 million from IPO of 20% stake  — Franklin Resources still backs the firm even as it cuts stake  —  Hepsiburada.com was valued …
More: PR Newswire and Reuters
Natasha Mascarenhas / TechCrunch:
Paper, which provides educational software to K-12 schools in the US and Canada, raises $100M Series C led by IVP  —  For edtech startups, it's always been easier to go direct-to-consumer than it is to sell into school districts.  The latter has stodgy and strict sales cycles …
Aria Alamalhodaei / TechCrunch:
Ghost Locomotion, which develops highway self-driving and crash prevention technology, raises $100M Series D led by Sutter Hill  —  Autonomous driving system developer Ghost Locomotion has raised a $100 million Series D funding round, led by Sutter Hill Ventures.
BBC:
Tim Berners-Lee sells an NFT for $5.4M that represents time-stamped files of the source code for the world wide web and other items, via a Sotheby's auction  —  The original source code for the world wide web has been sold as a non-fungible token, making $5.4m (£3.9m).
David Cohen / Adweek:
Pinterest updates its ad policies to prohibit ads containing weight loss language and imagery  —  It worked with the National Eating Disorders Association on its updated policy  —  Ads promoting healthy lifestyles and habits or fitness services and products will still be allowed
Riley de León / CNBC:
SentinelOne closed up 21% at $42.50 per share in its debut, valuing the company at $10B+; SentinelOne had the highest valued cybersecurity IPO in history  —  - Cybersecurity company SentinelOne made its market debut Wednesday on the New York Stock Exchange and is now trading under the ticker symbol “S.”
David McLaughlin / Bloomberg:
Amazon says it is seeking the recusal of FTC chair Lina Khan from matters related to the company, citing her history of criticism and antitrust arguments  —  - Online retail giant files petition saying Khan shows bias  — FTC is reviewing Amazon's purchase of MGM movie studio
Ingrid Lunden / TechCrunch:
Czech on-demand grocery delivery service Rohlik raises €100M Series C led by Index Ventures at a €1B valuation  —  “Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from …
Dieter Bohn / The Verge:
AT&T joins T-Mobile in making Google's Android Messages the default app for SMS and RCS services on Android phones; Verizon so far has not made the switch  —  Verizon is the last big carrier not to switch  —  AT&T and Google have announced that all Android phones on the network …

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