Techmeme
July 15, 2021, 2:05 PM

Top News

Bloomberg:
Netflix hires ex-Facebook and EA exec Mike Verdu as VP of game development; source: Netflix plans to offer games as a new programming genre within the next year  —  Netflix Inc., marking its first big move beyond TV shows and films, is planning an expansion into video games and has hired …
Kellen Browning / New York Times:
Some tech workers who quit the Bay Area during the pandemic are trickling back, as Twitter reopens its SF HQ and, along with Google, plans to expand in the area  —  Critics said the pandemic would make the industry flee San Francisco and its southern neighbor, Silicon Valley.
David Priest / CNET:
Facebook Messenger adds Soundmojis, which add audible expressions to emoji, accessible through a loudspeaker icon  —  Messenger chats are about to get louder. … Facebook on Thursday launched “Soundmojis” for its Messenger app.  The new feature adds the audible expressions to emoji …
Lorenzo Franceschi-Bicchierai / VICE:
Microsoft and Citizen Lab say government hackers from several countries have used spyware from Israeli vendor Candiru that uses two 0-day exploits in Windows  —  Microsoft and Citizen Lab found a new kind of spyware made by the mysterious Israeli vendor Candiru, and targeting someone in Europe based on their political beliefs.
Antonio Regalado / MIT Technology Review:
Facebook says it is ending a project to build a head-mounted brain-typing device and will instead focus on a wrist controller for VR that reads muscle signals  —  The company's research into a mind-reading device is over, for now.  Some scientists said it was never possible anyway.
Wall Street Journal:
TSMC says it expects shortage of chips used in cars to start easing in the next few months but broader semiconductor shortage could persist until 2022  —  A dearth of semiconductors has stymied manufacturing activity in the auto industry  —  Taiwan Semiconductor Manufacturing Co. …
Jay Peters / The Verge:
Valve announces Steam Deck, its long-rumored Switch-like handheld gaming device with a 7" touchscreen display, available in December from $399  —  It starts at $399  —  Valve just announced the Steam Deck, its long-rumored Switch-like handheld gaming device.  It will begin shipping in December.
Ingrid Lunden / TechCrunch:
Revolut raises $800M Series E from SoftBank's Vision Fund 2 and Tiger Global at a valuation of $33B; Revolut was last valued at $5.5B in 2020  —  The fintech funding continues to roll in at a rapid pace, a result of the huge shift underway in how consumers spend and manage their money.
Jackson Palmer / @ummjackson:
[Thread] Jackson Palmer, a Dogecoin co-creator, says crypto primarily amplifies the wealth of its proponents via tax avoidance, limited regulatory oversight  —  I am often asked if I will “return to cryptocurrency” or begin regularly sharing my thoughts on the topic again. My answer is a wholehearted “no”, but to avoid repeating myself I figure it might be worthwhile briefly explaining why here...
Cambridge Judge Business School:
China's share of Bitcoin hashrate fell from 75.5% in September 2019 to 46% in April 2021, even before a crackdown; United States' share rose from 4.1% to 16.8%  —  Research team from the Cambridge Centre for Alternative Finance (CCAF), unveils new datasets showing geographic shifts in Bitcoin mining …
Reuters:
US Consumer Product Safety Commission has sued Amazon to force it to recall hazardous products sold on its site, including 24K faulty carbon monoxide detectors  —  The U.S. Consumer Product Safety Commission (CPSC) said on Wednesday it has sued Amazon.com Inc (AMZN.O) to force the retailer …
Filipe Espósito / 9to5Mac:
iOS 15 and watchOS 8 beta 3 allow users to install system updates even when less than 500 MB of storage is available  —  As Apple continues to work on iOS 15 and other updates ahead of the fall release, the company rolled out today the third beta versions of its latest software for developers.
Hannah Murphy / Financial Times:
Facebook says it stopped a campaign by Iranian hackers, targeting about 200 defense and aerospace personnel, primarily from the US, using fake online personas  —  Social media group says fake online personas were created to trick victims into clicking malicious links
José Adorno / 9to5Mac:
Report: iPhone 12 line accounted for 63% of US iPhone sales in Q3; the iPhone 12 Pro Max had a 23% share while the iPhone 12 mini had a 5% share  —  A new report by Consumer Intelligence Research Partners says the iPhone 12 line accounted for 63% of US iPhone sales in the quarter ending June 2021.
Dan Primack / Axios:
Sources: Miami-based OpenStore, which acquires Shopify merchants, raises $30M Series A led by Khosla Ventures at a post-money valuation of around $250M  —  OpenStore, a Miami-based rollup of Shopify merchants, raised $30 million in Series A funding led by Khosla Ventures at around a $250 million post-money valuation, Axios has learned.
Rebecca Bellan / TechCrunch:
Netradyne, which uses cameras and edge computing to give commercial vehicle drivers real-time feedback, raises $150M Series C, bringing total funding to $197M+  —  Netradyne, a startup that uses cameras and edge computing to improve commercial driver safety, has scored $150 million in Series C funding.
More: FinSMEs and Netradyne
Tom Warren / The Verge:
Microsoft announces Windows 365, letting businesses stream a version of Windows 10 or 11 in a web browser or through its Remote Desktop app, launching August 2  —  Windows 365 is a new service that creates Cloud PCs  —  Microsoft is putting Windows in the cloud.
Meagan Simpson / BetaKit:
Auvik Networks, which develops cloud-based network management software, raises CAD $312M from Great Hill Partners, bringing its total raised to CAD $362M  —  United States-based private equity firm Great Hill Partners has acquired a majority stake in Auvik Networks as the Waterloo-based startup looks …
Alex Heath / The Verge:
Twitter says it will retire Fleets, its Stories-like service, on August 3 after low adoption  —  A fleeting moment for Fleets  —  Say goodbye to Fleets, the row of fullscreen tweets at the top of the Twitter timeline that expire after 24 hours.  The ephemeral tweet format is shutting …

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Earlier Picks

Taylor Lorenz / New York Times:
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