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August 4, 2021, 2:05 PM
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Bloomberg:
Facebook says it has disabled the accounts, apps, Pages, and access to its APIs for researchers running NYU's Ad Observatory Project, citing TOS violations  —  - Company says researchers of political ads were scraping data  — NYU's Ad Observatory got cease-and-desist letter last October
Tom Warren / The Verge:
Microsoft pauses free trials of its new Windows 365 service, which lets users stream Windows 10 or 11 via web browser, after “significant demand”  —  Windows 365 lets you stream a cloud PC to a web browser  —  Microsoft launched its new cloud PC Windows 365 service earlier this week …
Takashi Mochizuki / Bloomberg:
Sony beats estimates with Q1 operating profit of $2.6B and says the PS5 is no longer selling at a loss; PS Plus subscribers declined to 46.3M from 47.6M  —  - Sony expecting more from music streaming and digital cameras  — PlayStation software sales and subscriber additions slowed
Maggie Fitzgerald / CNBC:
Robinhood shares surged as much as 80% on Wednesday, reaching $85, with trading halted several times, bringing total gains across the week to up to 140%  —  Robinhood shares soared again on Wednesday, extending a wild rally in the newly public stock trading app's stock.
Joseph Cox / VICE:
Internal document: Google fired dozens of engineers between 2018 and 2020 for abusing their access to data and tools  —  Some allegations potentially center around accessing Google user or employee data.  —  Joseph Cox  —  Google has fired dozens of employees between 2018 and 2020 …
Sean Hollister / The Verge:
Activision Blizzard says that Blizzard's head of global human resources, Jesse Meschuk, has also left the company  —  Jesse Meschuk, SVP of global HR, has left  —  Blizzard president J. Allen Brack isn't the only executive leaving the company today after presiding over a culture now accused of fostering “constant sexual harassment.”
Dean Takahashi / VentureBeat:
Activision beats expectations in Q2 with revenue of $2.29B, up 19% YoY, and net bookings of $1.92B, down only 7% YoY, notes risks of the sexual harassment suit
Richard Lawler / The Verge:
Activision Blizzard says President J. Allen Brack is leaving the company, replaced by Jen Oneal and Mike Ybarra, as the fallout from CA lawsuit continues
Mitchell Clark / The Verge:
WhatsApp is rolling out a View Once feature for photos and videos that disappear from the chat after the recipient opens it  —  There and gone  —  WhatsApp is rolling out its “View Once” feature today, which deletes photos or videos from your chat after they've been opened by the recipient.
Salvador Rodriguez / CNBC:
Instacart hires longtime Facebook ads chief Carolyn Everson, who left in June, as president, starting Sept. 7, following other high-profile hires from Facebook  —  - Weeks after poaching Facebook's Fidji Simo as CEO, Instacart hires Carolyn Everson as president.
Alex Konrad / Forbes:
Email service Superhuman, which charges $30/month and hasn't formally launched, raises $75M Series C led by IVP, source says at a $825M valuation  —  Covering venture capital, software and startups  —  When Superhuman CEO Rahul Vohra agreed to meet with former Dropbox CFO Ajay Vashee's …
Sam Shead / CNBC:
After a report showed Amazon destroying millions of unsold items in the UK, Amazon introduces two programs to reduce waste, including reselling used items  —  - The so-called Fulfilment by Amazon programs, announced in a blog post on Wednesday, will help to build a circular economy, the company said.
Mary Ann Azevedo / TechCrunch:
Human Interest, a 401(k) provider for SMBs that promises zero transaction fees, raises $200M at a $1B valuation, less than six months after its $55M Series C  —  Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced …
Sarah Perez / TechCrunch:
On-demand movie and TV service FandangoNOW has merged with video streaming service Vudu, which will become Roku's official movie and TV store  —  Last year, movie ticketing and discovery business Fandango, a division of NBCUniversal, bought the on-demand video streaming service Vudu from Walmart …
Kate Kaye / Digiday:
California AG's case examples of CCPA enforcement seem to indicate that companies can't rely on trade groups' blanket opt-out tools not tailored to CCPA  —  For more than a year advertisers and publishers had few clues for detecting how California regulators would enforce the state's privacy law.
Christine Hall / TechCrunch:
Zeni, which offers AI-powered tools to startups to manage finances for a flat monthly fee starting at $299, raises $34M Series B led by Elevation Capital  —  Zeni, a Palo Alto fintech company providing real-time financial services data to venture-backed startups, raised $34 million in Series B funding led by Elevation Capital.
Bloomberg:
A look at Amazon's dilemma around mandating vaccinations for workers, which could alienate the many virus skeptics in its ranks, amid a tight labor market  —  While much of Corporate America scrambled to adjust Covid-19 policies this summer in response to a surge of cases, Amazon.com Inc. was dismantling its coronavirus testing sites.
Mike Dano / Light Reading:
T-Mobile confirms that it will shut down Sprint's LTE network by June 30, 2022, following its decision to shut down Sprint's 3G CDMA network on January 1, 2022  —  T-Mobile confirmed to Light Reading that it will shut down the Sprint LTE network by June 30, 2022.
Aria Alamalhodaei / TechCrunch:
Elroy Air, which is building autonomous drones to transport cargo over long distances, raises $40M Series A from Lockheed Martin and others  —  Elroy Air has raised a $40 million Series A, including financing from Lockheed Martin's venture capital arm, to ramp up the build …
Josh Ye / South China Morning Post:
After criticism from China, Tencent says it will limit playing time on flagship Honor of Kings for under 18s to one hour per day and not between 10PM and 8AM  —  Gamers under the age of 18 will have their playing time limited to one hour on regular days and two hours on public holidays Honour …

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This is a Techmeme archive page. It shows how the site appeared at 2:05 PM ET, August 4, 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

Perry Stein / Washington Post:
WaPo files a court motion, demanding the return of two phones, two laptops, a Garmin watch, and other devices seized from reporter Hannah Natanson's home

Michael M. Grynbaum / New York Times:
Mediaite launches One Sheet, a daily media newsletter curated by reporter Colby Hall that aggregates media news from other media newsletters, for $8 a month

Foo Yun Chee / Reuters:
Sources: the EU is expected to approve UMG's $775M acquisition of Downtown Music, after UMG offered to divest Downtown's royalty services platform Curve

More News

Liana Baker / Bloomberg:
PE firm Apax Partners says it is merging three companies that make software for non-profits, EveryAction, Social Solutions, and CyberGrants, in a deal worth $2B

Earlier Picks

Catalin Cimpanu / The Record:
Report finds attacks on 5 Southeast Asian telcos since 2017 are linked to 3 Chinese cyber-espionage groups, but found no signs of collaboration among the groups
Mark Gurman / Bloomberg:
Apple and Affirm's PayBright will launch a “buy now, pay later” program for iPhone, Mac, and iPad purchases in Canada on Aug. 11, according to a staff message
Lauren Kaori Gurley / VICE:
Sources: NLRB probe found Amazon illegally interfered with workers organizing in Staten Island, NY; NLRB officer recommends election rerun for Alabama warehouse
Brian Heater / TechCrunch:
Citizen launches Protect, a $20/month service that offers access to a Citizen operator and other features, after a 100,000-user beta test
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