Techmeme
February 24, 2021, 10:50 AM

Top News

Nick Clegg / About Facebook:
Facebook defends its stance in Australia, says it invested $600M since 2018 to support the news industry and plans at least $1B more over the next three years  —  Last week, in a move that will have felt abrupt and dramatic to many, Facebook announced it was stopping the sharing of news on its service in Australia.
Joshua Benton / Nieman Lab:
Facebook's Australia news ban shows tech giants don't mind giving up money to appease regulators and business, but will not give up control over platforms  —  [Warning: Violent and gruesome metaphor ahead.]  —  In The Usual Suspects (1995), there's a scene in which the true extent …
Georgia Hitch / ABC:
Sean Hollister / The Verge:
California's 2018 net neutrality law, SB 822, can go into effect after a California judge declined to grant the telecom industry a preliminary injunction  —  It survived challenges from Trump's DOJ, and now one from telecom industry too  —  Net neutrality died a horrible death in 2017 …
New York Times:
Myanmar's draconian draft cybersecurity law follows a yearslong effort to build out Myanmar's surveillance capabilities, following cues from China  —  As the military seized power again, the generals moved quickly to take the country offline, criminalize online dissent and block social media.
Selena Deckelmann / The Mozilla Blog:
Chris Welch / The Verge:
LG says that it will license its webOS software to other TV brands, such as RCA, Ayonz, and Konka; LG's redesigned webOS 5.0 version will not be included  —  The modern webOS is no longer exclusive to LG's TV lineup  —  LG tonight announced that the company's webOS smart TV platform will soon be found on TVs from other brands.
Maggie Miller / The Hill:
At Tuesday's SolarWinds hearing, Microsoft and FireEye urged Congress to create mandatory breach reporting requirements for companies  —  Top executives from Microsoft and FireEye on Tuesday urged Congress to create mandatory breach reporting requirements for companies following …
Sarah Perez / TechCrunch:
Google announces new features for Android, including a way to schedule texts and a Password Checkup tool to notify users of compromised credentials  —  Google today announced the next set of features coming to Android, including a new password checkup tool, a way to schedule your texts …
Square - Investor Relations:
Square announces it spent $170M to acquire 3,318 bitcoins at an average price of $51,236, following its earlier $50M bet on the cryptocurrency  —  Square also announced a $170 million purchase in bitcoin as part of its ongoing commitment to the cryptocurrency
Emily Bary / MarketWatch:
Stephen Warwick / iMore:
Some M1 Mac owners report a worryingly large number of writes to their Macs' SSDs, though in some cases it could be explained by faulty monitoring tools  —  “If this is accurate, some of these machines aren't going to last half a year”  —  What you need to know
Kris Holt / Engadget:
Facebook says it is testing more tools to combat child exploitation on its platform, including a measure warning users of “non-malicious sharing” of viral memes  —  Facebook says it is testing more tools to help the social network prevent people from sharing content that  —  exploits children.
Taylor Lyles / The Verge:
HP says it is acquiring gaming peripheral company HyperX for $425M, giving the company a major foothold in the gaming accessory market  —  The acquisition means HP owns the HyperX brand  —  HP has announced that it is acquiring gaming peripheral company HyperX for $425 million.
Nikkei Asia:
Draft executive order from Biden admin orders development of a US supply chain strategy less reliant on China, focused on chips, batteries, rare-earth metals  —  Exclusive: Biden to sign presidential order to bolster chip, battery and rare-earth industries  —  WASHINGTON/TAIPEI …
Josh Sisco / The Information:
Sources: the DOJ is investigating if Apple's use of its “Sign in with Apple” button makes it more difficult for users to switch to a rival device maker  —  More and more iPhone apps are offering people the option of signing up by using information stored with Apple …
Casey Newton / Platformer:
The rise of TikTok, Clubhouse, and Substack shows that social networks have gotten competitive again, amid antitrust pressure on Facebook from the US government  —  Facebook's surprising new challengers in audio, video, photos, and text  —  Lately, the consumer internet …
Todd Bishop / GeekWire:
Internal memo: Amazon SVP Jeff Blackburn, a close lieutenant to Jeff Bezos for more than 22 years, says he is leaving the company, after a year-long sabbatical  —  Another Jeff is moving on from his longtime Amazon executive role, filling out the picture of what has become a massive leadership transition at the tech giant.

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Todd Spangler / Variety:
The Information:
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Tim Copeland / Decrypt: