Techmeme
July 2, 2020, 8:45 PM

Top News

Jason Koebler / VICE:
Angry over critical coverage, tech figures discuss hitting back against journalists, on Twitter and invite-only Clubhouse, leading to harassment of NYT's Lorenz  —  In leaked audio from an invite-only app, venture capitalists pondered everything they think is wrong with journalism.
Joseph Cox / VICE:
Police infiltrated Encrochat, an encrypted phone network used by organized crime, and read millions of messages for months, leading to international arrests  —  Police monitored a hundred million encrypted messages sent through Encrochat, a network used by career criminals to discuss drug deals, murders, and extortion plots.
Nick Miroff / Washington Post:
CBP awards Anduril, founded by Palantir veterans and Palmer Luckey, a five-year contract to build a “virtual border wall” using mobile surveillance towers  —  The Trump administration has awarded a major border security contract to a California technology start …
Daniel Kuhn / CoinDesk:
Researchers expose a flaw in at least three major crypto wallets, Ledger Live, Edge, and Breadwallet, which could be exploited for double-spending users' funds  —  A standard way to transact Bitcoin could be vulnerable to double-spending, new research has found.
Manish Singh / TechCrunch:
Facebook says it is shutting down Lasso, its TikTok clone launched a year and a half ago, on July 10  —  Facebook is no longer betting on Lasso, an app it launched a year and a half ago, to take on TikTok .  The social juggernaut's TikTok clone is shutting down on July 10, Facebook said.
David Gilbert / VICE:
OTF staff worry about losing trust globally as the new CEO of their parent agency is pressed to divert funds from open-source to obscure, closed-source tech  —  This U.S. program provides encryption technologies to journalists and activists living under repressive regimes.
Elizabeth Dwoskin / Washington Post:
An African American manager and two job applicants filed a complaint against Facebook with the EEOC, alleging a culture of bias against Black workers  —  An African American manager at Facebook and two rejected job applicants are suing the company, alleging a culture of bias in promotions, evaluations, hiring and recruiting.
Benjamin Mayo / 9to5Mac:
Apple launches a new site for Apple Card users to manage their accounts online; previously, all Apple Card interactions took place through iPhone's Wallet app  —  Apple has today launched an online dashboard for Apple Card users to manage their account online.
Wallace Witkowski / MarketWatch:
Lemonade, an AI-driven insurance service, closes up 140% in its NYSE debut, reaching a $3.93B market cap, more than double its 2019 valuation from Softbank  —  Referenced Symbols  —  As the world is buffeted by digital and societal revolutions, Lemonade Inc. is hoping to leverage …
Elise Reuter / MedCity News:
Seattle-based Accolade, a health care platform for employees to manage benefits, raises $220M in its IPO at a $1.2B valuation; stock up ~35% at market close  —  Employee benefits startup Accolade went public on Thursday.  The company began trading at $35 per share, above its initial price of $22 per share.
More: TheStreet and GeekWire
Reuters:
400+ advertisers suspend Facebook ads for a month, as sources say talks with some advertisers broke down; Zuckerberg has agreed to meet with boycott organizers  —  NEW YORK/SAN FRANCISCO (Reuters) - Advertisements for more than 400 brands including Coca-Cola and Starbucks are due to vanish …
Alex Heath / The Information:

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More News

Javier Espinoza / Financial Times:
Catalin Cimpanu / ZDNet:
Paul Ziobro / Wall Street Journal:
Louise Matsakis / Wired:

Earlier Picks

Sara Fischer / Axios:
Stephen Nellis / Reuters:
Mikey Campbell / AppleInsider: