Techmeme
February 11, 2021, 10:20 AM

Top News

Financial Times:
Sources: Microsoft made an offer to acquire Pinterest in recent months; talks are not active right now  —  Microsoft approached Pinterest in recent months about a potential deal to acquire the $51bn social media company popular with hobbyists posting home decor, food and wedding collages, people briefed on the matter said.
Daniel Goldblatt / The Wrap:
Facebook says Instagram has removed Robert F Kennedy Jr's account for making false claims about COVID-19 and vaccines  —  Move comes as the company is expanding efforts to crack down on conspiracy theory content  —  Instagram removed Robert F. Kennedy Jr.'s account on Wednesday …
Mike Isaac / New York Times:
Sources: Facebook is building an audio chat product, currently in the earliest stages of development, that is similar to Clubhouse  —  The social network, which has a history of cloning its competitors, has started working on an audio chat product.  —  SAN FRANCISCO — Facebook is building …
Catalin Cimpanu / ZDNet:
Europol, working with US, UK, and others, says 10 people have been arrested for allegedly stealing $100M in cryptocurrency from celebrities via SIM-swap attacks  —  Eight men were arrested in England and Scotland as part of an investigation into a series of SIM swapping attacks targeting US celebrities.
The Information:
Internal data shows only 11.3M US households regularly watch NBCU's Peacock; sources: NBCU has pitched ViacomCBS about bundling their streaming services  —  As Netflix and Disney cement their leads over an array of rivals in the video-streaming market, top executives at Comcast and its NBCUniversal arm are in a quandary.
Justine Calma / The Verge:
Tesla's $1.5B bitcoin purchase conflicts with its environmental goals, as mining the cryptocurrency consumes massive amounts of energy by design  —  Tesla's banking on a cryptocurrency that's inherently inefficient  —  Tesla just gave bitcoin a big boost that's likely to result …
The Information:
Sources: Stir Money, whose software helps video and audio producers, writers, and performers manage their income, raises Series A led by a16z at $100M valuation  —  Andreessen Horowitz recently won a competitive deal to lead the Series A financing of Stir Money, a startup whose software helps video …
Amy Lewin / Sifted:
Dublin-based food ordering service Flipdish raises €40M round from Tiger Global Management  —  Pre-Covid, says McCarthy, lots of restaurants relied on platforms like Deliveroo for a small portion of orders, but when everything moved online, “they realised they weren't making a whole load …
Elena Schneider / Politico:
Political campaigns are shifting marketing dollars after ad bans by Facebook and Google, with email lists, influencers, and other ad platforms on the rise  —  Renting, swapping and selling campaign email lists to new candidates and causes is a booming political business, but it comes with risks.
Kyle Wiggers / VentureBeat:
Labelbox, which develops data annotation and labeling software, raises $40M Series C led by B Capital Group, bringing its total raised to $79M  —  Labelbox, a startup developing a data annotation and labeling platform, today announced that it's raised $40 million, bringing its total raised to $79 million.
Steve O'Hear / TechCrunch:
Sweden-based digital bank Northmill raises $30M led by M2 Asset Management  —  Northmill Bank, the Sweden-based challenger that has around 200,000 customers across three European countries, has raised around $30 million in new funding.  —  Leading the round is M2 Asset Management …
David Yaffe-Bellany / Bloomberg:
Biden administration asks a federal judge to put litigation over Trump's proposed TikTok ban on hold while it undertakes a review  —  The Biden administration asked a federal judge in Washington to put on hold the litigation over a ban on the Chinese-owned video-sharing app TikTok that was pursued by former president Donald Trump.
Saqib Shah / Engadget:
Google launches Google News Showcase in UK and Argentina, after debuting the service in Australia last week, and says it now has over 450 publications globally  —  Google News Showcase is starting to roll out to more countries worldwide, including the UK and Argentina, on the heels of its Australian launch last week.

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