Techmeme
July 2, 2021, 8:40 AM

Top News

Dan Primack / Axios:
Robinhood files for long-awaited IPO, says it will set aside up to 35% of shares for retail investors  —  Popular trading app Robinhood on Thursday filed for its initial public offering, and disclosed that it will set aside up to 35% of shares for retail investors who rarely get to buy at a company's IPO price.
Maggie Fitzgerald / CNBC:
Sarah Perez / TechCrunch:
Twitter shows off features it is testing, including a way to tweet only to a group of trusted friends, ability to tweet under different “personas”, and more  —  Twitter has a history of sharing feature and design ideas it's considering at very early stages of development.
Nikkei Asia:
Sources: Apple and Intel are the first adopters of TSMC's 3nm chips for the iPad and CPUs for Intel-powered notebooks and data centers  —  Taiwanese company remains vital partner for American tech giants  —  TAIPEI — Apple and Intel have emerged as the first adopters of Taiwan Semiconductor …
Oliver Darcy / CNN:
New Facebook test prompt asks users if someone they know might be “becoming an extremist”; another notifies users who may have been exposed to extremist content  —  New York (CNN Business)Some Facebook (FB) users in the United States are being served a prompt that asks …
Catalin Cimpanu / The Record:
NSA, FBI, and others say Russian hacking group Fancy Bear has been using Kubernetes to run brute force attacks on US and foreign organizations since mid-2019  —  US and UK cybersecurity agencies said today that a Russian military cyber unit has been behind a series of brute-force attacks …
Jason Snell / Six Colors:
As Apple releases macOS Monterey public beta, an in-depth look at Focus, iCloud Private Relay, Safari's revamped UI, FaceTime, SharePlay, and other new features  —  If there's a theme of Apple's operating-system releases in 2021, it's platform unification.  This development is most significant …
Politico:
Former Trump spokesman Jason Miller leads GETTR, a Twitter-like service that bills itself as a “non-bias social network”, in the newest pro-MAGA tech venture  —  Former President Donald Trump's team quietly launched a new social media platform on Thursday, billing it as an alternative to Big Tech sites.
Mark Gurman / Bloomberg:
Sources: Apple plans to test a hybrid in-store and work-from-home arrangement for retail employees later this year under a pilot program dubbed Retail Flex  —  - Company to pilot “Retail Flex” program for employees this year  — Apple earlier asked office workers to return three days a week
Sohee Kim / Bloomberg:
Kakao Pay, South Korea's largest online payment service, seeks to raise as much as $1.4B in an IPO in Seoul, at a market capitalization of up to $11B+  —  - Kakao Pay joins Krafton, Kakao Bank in filing for IPOs  — The company is planning to offer securities trading, insurance
Nico Grant / Bloomberg:
In its diversity report, Google says it is hiring more Black people but rates of attrition are rising, especially among Black women; US workforce is 50%+ white  —  Google reported its best year yet for hiring Black employees, but rising departures of the same group highlights a risk to the company's plan to double its Black workforce.
Mark Haranas / CRN:
HPE says it will acquire Zerto, developer of automated software for helping clients recover from unplanned data loss, for $374M in cash  —  'Zerto's market-leading cloud data management and protection software expands HPE GreenLake cloud data services, allowing customers to protect their data …
Manish Singh / TechCrunch:
Swedish gaming giant Modern Times Group says it has acquired Indian startup PlaySimple for at least $360M, with 77% in cash and the rest in company shares  —  Swedish gaming giant Modern Times Group (MTG) has acquired Indian startup PlaySimple for at least $360 million, the two firms said Friday.
Russell Brandom / The Verge:
FTC passes new measures expanding its power to regulate anti-competitive business practices, in its first open business meeting in more than 20 years  —  The first open business meeting of the Federal Trade Commission in more than 20 years  —  In an open meeting on Thursday …

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Earlier Picks

Saqib Shah / Engadget:
Reuters:
Politico:
Matt Day / Bloomberg:
Eugene Kim / Insider:
Sergiu Gatlan / BleepingComputer:
Jacob Kastrenakes / The Verge: