Techmeme
February 24, 2021, 12:25 PM

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:
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 …
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:
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.
Todd Spangler / Variety:
YouTube to roll out a “supervised” account option in beta in the coming months in more than 80 countries, aimed at kids that are too old for YouTube Kids  —  YouTube is launching a PG version of the internet's biggest video service.  —  A new “supervised” YouTube account option …
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 …
Jane Wakefield / BBC:
Portland ends partnership with Sidewalk Labs to track mobility; Sidewalk spin-off Replica says it was unwilling to share granular data requested by the city  —  A smart city project started by Google's sister firm Sidewalk Labs to track mobility patterns in the US city of Portland has been shelved.
More: Insider
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
TechCrunch:
Sources: virtual events company Hopin is looking to raise ~$400M Series C at a $5B+ pre-money valuation, after raising $125M at a $2.125B valuation last year  —  Virtual events platform Hopin is hopin' for a mega valuation.  —  According to multiple sources who spoke with TechCrunch …
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.
Bloomberg:
Russian e-commerce giant Wildberries, which controls 14% of the market, has recently expanded into France, Germany, Italy, and Spain  —  Winston Churchill, it's often said, quipped that you should never let a good crisis go to waste.  Tatyana Bakalchuk would agree.
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
Jennifer Smith / Wall Street Journal:
Berkshire Grey, which develops AI-powered pick-and-place retail and warehouse robots, will go public via SPAC, valuing the company at $2.7B and raising $413M  —  The agreement comes as ‘exploding’ e-commerce demand drives investor interest in supply-chain automation
Alfred Ng / The Markup:
Auditing of algorithms can help address bias but there needs to be industry standards/regulations to hold the auditors or the companies that use them to account  —  For more than a decade, journalists and researchers have been writing about the dangers of relying on algorithms to make weighty decisions …
Paul Sawers / VentureBeat:
Hubilo, which helps businesses host virtual and hybrid events with real-time analytics, raises $23.5M Series A led by Lightspeed Venture Partners  —  Hubilo, a platform that helps businesses of all sizes host virtual and hybrid events and gain access to real-time data and analytics …

Sponsor Posts

DataStax:
Global scale on a startup budget?  —  Go with the original planetary scale database — DataStax Astra built on Apache Cassandra™.  Start for free and pay only for what you use with serverless!
Mixing Board:
A new way to get smart comms advice  —  Mixing Board now has a community of 100 top comms and marketing leaders in tech at your fingertips.
Oura:
Oura in The Age of Ownership  —  An update on funding, the business, and the future of health as a daily practice.
Zoho:
Embracing long-term remote work in your organization  —  In light of recent events, many organizations are considering long-term remote work.  With the right planning, implementing remote work either permanently …
Secureframe:
Secureframe helps companies get enterprise-ready by streamlining SOC 2 security compliance.  —  Secureframe allows companies to get secure within weeks, rather than months and monitors 40+ services.  Get started today!
Modern Finance Podcast:
How Safe Is My Crypto Yield? with Zac Prince (CEO, BlockFi) and Matt Ballensweig (Genesis)
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Thu. 05/13 - Elon Rekt Crypto
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:25 PM ET, February 24, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Casey Newton / Platformer:
Todd Bishop / GeekWire:
Josh Sisco / The Information:
Sarah Perez / TechCrunch:
Gene Park / Washington Post:
Tim Copeland / Decrypt: