Techmeme
January 7, 2021, 5:50 PM

Top News

Mark Zuckerberg / Facebook:
Zuckerberg says Facebook is extending the block it has placed on Trump's Facebook and Instagram accounts “indefinitely and for at least the next two weeks”  —  The shocking events of the last 24 hours clearly demonstrate that President Donald Trump intends to use his remaining …
Julia Alexander / The Verge:
YouTube says it will temporarily restrict channels that post misinformation about the 2020 election results, potentially including Trump's  —  Channels will receive an automatic strike on top of videos being removed  —  YouTube will temporarily restrict channels that post videos containing …
Issie Lapowsky / Protocol:
As Facebook prepares for a Washington controlled by Democrats, Zuckerberg is betting that blocking Trump will make up for the last four years of his appeasement  —  In his post announcing that President Trump would be blocked from posting on Facebook until at least Inauguration Day …
Vipal Monga / Wall Street Journal:
Shopify takes down online stores run by the Trump Organization and Trump campaign for violating its policy against promoting violence  —  E-commerce platform removes sites affiliated with President Trump for violating policy against promoting violence  —  TORONTO—Online stores run …
@twittersafety:
[Thread] Twitter says Trump's account will be locked for 12 hours following removal of recent tweets, and further violations will result in permanent suspension  —  As a result of the unprecedented and ongoing violent situation in Washington, D.C., we have required the removal of three @realDonaldTrump Tweets that were posted earlier today for repeated and severe violations of our Civic Integrity policy. https://help.twitter.com/...
BuzzFeed News:
The Trump supporters who rioted in the US Capitol on Wednesday had been openly planning online for weeks, including on mainstream and niche social media sites  —  The supporters of President Donald Trump who rioted in the US Capitol building on Wednesday had been openly planning for weeks …
Darrell Etherington / TechCrunch:
Casey Newton / The Verge:
Ryan Mac / BuzzFeed News:
Makena Kelly / The Verge:
Mark Gurman / Bloomberg:
Sources: Apple is developing an autonomous, electric vehicle, which could be released in five to seven years, as it adds more ex-Tesla execs to the project  —  Apple Inc. will take at least half a decade to launch an autonomous, electric vehicle because development work is still at an early stage …
Tonya Riley / Washington Post:
The quick evacuation of the Capitol left computers and devices unattended while the mob ransacked offices, a nightmare scenario for cybersecurity professionals  —  Lawmakers and congressional staff were ushered into secure locations as a mob backing President Trump violently stormed …
New York Times:
Ingrid Lunden / TechCrunch:
Spanish bank BBVA says it is shutting down neobank Simple, which it acquired for $117M in 2014, and will move accounts to BBVA USA  —  Some consolidation is underway in the world of challenger banking apps.  BBVA today told users of Simple — the pioneering mobile and online banking app …
Kate Rooney / CNBC:
SoFi says it will go public via a merger with a SPAC backed by Chamath Palihapitiya at a valuation of $8.65B  —  - Fintech start-up SoFi says it will merge with a special purpose acquisition company, or SPAC, backed by venture capital investor Chamath Palihapitiya.
Alex Wilhelm / TechCrunch:
Gtmhub, which builds software to help companies manage their corporate planning, raises $30M Series B led by Insight Partners  —  This morning Gtmhub, a multinational startup that builds software to help other companies manage their corporate planning, announced that it has raised …
Tweets: @caseynewton and @yoda
Alex Wilhelm / TechCrunch:
Hopin, which develops software for hosting digital events, acquires livestreaming startup StreamYard for $250M  —  This morning Hopin, a quickly-growing startup that sells a technology platform for hosting digital events, announced that it has acquired StreamYard.
Andy Greenberg / Wired:
DDoSecrets, a WikiLeaks-like repository run by transparency activists, publishes 1TB of data from five companies that was first leaked by ransomware hackers  —  WikiLeaks successor DDoSecrets has amassed a controversial new collection of corporate secrets and is sharing them in the name of transparency.
Catalin Cimpanu / ZDNet:
Report: the operators of Ryuk ransomware earned an estimated $150M+ worth of Bitcoin from ransom payments, which are being cashed out through Binance and Huobi  —  Most of the Ryuk gang's “earnings” are being cashed out through accounts at crypto-exchanges Binance and Huobi.
Wall Street Journal:
Sources: US is considering prohibiting Americans from investing in Alibaba and Tencent, and is debating the impact on US financial markets of a potential ban  —  Agencies debate impact on U.S. financial markets of potential restrictions  —  U.S. officials are considering prohibiting Americans …

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