Techmeme
June 30, 2019, 7:25 PM

Top News

Golnaz Esfandiari / Radio Free Europe/Radio Liberty:
Iran's Energy Ministry says that power consumption jumped 7% in June, largely due to Bitcoin mining, making the power grid unstable, seizes 1,000 Bitcoin miners  —  Iran has blamed an “unusual” spike in electricity consumption in the country on cryptocurrency miners, while warning …
Alyssa Bereznak / The Ringer:
How TikTok users are supplanting the traditional functions of record labels, like talent scouting and publicity, for new artists  —  Lil Nas X's ‘Old Town Road’ is both a chart-topping phenomenon and a turning point for the music business.  Here's what happens when a social media platform becomes a label.
Tweets: @alyssabereznak
Kyle Bradshaw / 9to5Google:
Google launches Fuchsia OS developer website with official documentation about developing for its open source operating system  —  As was repeatedly made plain to see during this year's Google I/O, developers are eager to learn more about Google's Fuchsia OS.
Facebook:
Facebook says it will treat 2020 US Census like an election and will have “people, policies and technology in place to protect against census interference”  —  Civil rights are the foundation of a free and just society — and something we care deeply about as a company.
Rita Liao / TechCrunch:
China-based robotic process automation startup Laiye, whose product UiBot gained 6,000 enterprise users after launching in January, raises $35M Series B  —  For many years, the boom and bust of China's tech landscape have centered around consumer-facing products.
Andrew Dickson / OneZero:
How tech like ground-penetrating radar, drones, lidar, hyper-accurate 3D mapping, and more is changing archaeology by enabling cheaper noninvasive site surveys  —  Lidar, drones, and more are helping field researchers uncover hidden worlds  —  eal Spencer likes to travel light.
Andrew Liptak / The Verge:
Ex-Equifax CIO Jun Ying sentenced to four months in prison for insider trading; he pleaded guilty to selling Equifax shares prior to 2017's breach announcement  —  Four months of jail time  —  The Justice Department announced this week that former Equifax CIO Jun Ying has been sentenced to four months in prison for insider trading.
Wall Street Journal:
Trump says he will allow sales of US equipment to Huawei, where there are no national security issues, for now; US will not impose new tariffs on China  —  U.S. agrees to halt additional tariffs on Chinese goods for now  —  OSAKA, Japan—President Trump and Chinese President Xi Jinping agreed …

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