Techmeme
March 10, 2021, 9:30 AM

Top News

William Turton / Bloomberg:
Hackers say they breached Verkada, accessing feeds and archives of 150K surveillance cameras inside clinics, police precincts, jails, schools, Tesla facilities  —  - Hacker group says it wanted to show prevalence of surveillance  — Video footage was captured from Sequoia-backed startup Verkada
Nikkei Asia:
Sources: Apple is cutting orders for all iPhones by ~20% compared to its plans in December, with iPhone 12 mini production cut by 70% for H1 2021  —  Total iPhone target for 2021 still at 230m units despite global parts shortage  —  TAIPEI — Apple is slashing its planned production …
Tim Hardwick / MacRumors:
Apple says it will invest €1B in Germany over the next three years and will make Munich its European Silicon Design Center  —  Apple will make Munich its European Silicon Design Center, the company announced today.  Work already being undertaken by Apple in Bavaria's capital is contributing …
Reuters:
Russia says it is slowing down Twitter for not removing 3,000+ posts containing “illegal content”, threatens a total block if Twitter ignores deletion demands  —  MOSCOW (Reuters) - Russia said on Wednesday it was slowing down the speed of Twitter in retaliation for its alleged failure …
Ingrid Lunden / TechCrunch:
Facebook launches Instagram Lite, an Android app that takes up just 2MB of storage space, in 170 countries, and says Facebook Lite has 200M+ MAUs  —  Growth for Facebook is coming from the developing world, and so the social network today made another key move to cater better to consumers in those countries.
Tom Warren / The Verge:
Google adds features to Chrome OS including Phone Hub, which lets Android users control aspects of their phones, like replying to texts, from their Chromebooks  —  Chrome OS is getting a bunch of new features to celebrate 10 years  —  Google is marking 10 years of Chromebooks by unveiling new features for Chrome OS today.
Scott Stein / CNET:
Facebook details a 10-year vision for its AR glasses, imagining they will work alongside a wristband to measure hand and figure gestures, with haptic feedback  —  Facebook is working on a neural wristband for AR glasses, with haptic gloves in the works  —  Facebook's first pair of smart glasses is arriving this year.
Nilay Patel / The Verge:
Q&A with Kayvon Beykpour, Twitter's head of consumer product, on focusing on growth, deciding what to prioritize, paying for tweets, Clubhouse, and more  —  Twitter recently announced that it's going to be building a lot of new things into its product: there's Twitter Spaces …
James Cridland / Podnews:
Drew FitzGerald / Wall Street Journal:
In a privacy policy update, T-Mobile says it will automatically enroll all subscribers in an ad program informed by their online activity, starting on April 26  —  Wireless carrier tells subscribers it could share their browsing, app data and other online activity with advertisers unless they opt out
Shara Tibken / CNET:
Samsung announces its Galaxy Unpacked event will be held on March 17, where it's expected to unveil an updated Galaxy A series lineup  —  It's only the third month of the year, but Samsung is gearing up for its second big product launch of 2021.  The company on Tuesday sent invitations …
Mark Gurman / Bloomberg:
Sonos introduces Roam, a $169 portable speaker, now available for preorder; Sonos also sets a goal of $2.25B in annual revenue by FY 2024  —  - CEO sees potential for company in car, headphone markets  — Home audio specialist prices new Roam portable speaker at $169
Cameron Faulkner / The Verge:
Asus unveils ROG Phone 5 Ultimate with 6.78-inch FHD+ OLED screen, 8GB RAM, 256GB storage, 144Hz refresh rate, headphone jack, starting at $950  —  It'll cost about $1,580 when it launches in May, but less expensive models will come first  —  Asus is going big with its latest gaming phones.
Amos Barshad / Rest of World:
A look at Unit 8200, an elite intelligence unit within the Israeli Defense Forces and a pipeline for the country's sprawling network of cybersecurity startups  —  The country's hacking software is recognized the world over.  Not everyone thinks it's a good thing.
Bloomberg:
Sources: Grab is exploring going public in the US through an SPAC merger  —  - Grab has been exploring a traditional IPO in the U.S.  — Merging with a SPAC could accelerate Grab's listing plans  —  Grab Holdings Inc. is exploring going public in the U.S. through a merger …
Ari Levy / CNBC:
The NYSE sets Roblox direct listing reference price at $45 per share ahead of its trading debut on Wednesday  —  - Roblox almost tripled payouts to developers last year, while revenue didn't quite double, as the company aims to get top creators to spend more of their time building for the app.
Eugene Kim / Insider:
Katie Roof / Bloomberg:
Snyk, which helps fix vulnerabilities in open source dependencies and container images, raises $300M at a $4.7B valuation, 4x its value since start of 2020  —  Cybersecurity platform Snyk Ltd. said it has closed a $300 million funding round that gives it a valuation of $4.7 billion, quadrupling its value since the start of 2020.

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