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Techmeme
March 17, 2021, 9:55 AM
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Top News

Kif Leswing / CNBC:
Sensor Tower: if a 15% commission was in place in 2020, Apple would have missed out on an estimated $595M, or 2.7%, and Google $587M, or 5%, in app store fees  —  - Apple and Google have announced changes to app store fees that impact app makers making less than $1 million per year.
Sohee Kim / Bloomberg:
Samsung says it is considering skipping launch of a new Note this year to streamline its line-up and warns of a “serious imbalance” in semiconductors globally  —  - It's seeing a ‘serious imbalance’ in global semiconductors  — The warning suggests shortages may spread beyond autos
Dan Sullivan / Tampa Bay Times:
A Florida teen who hacked well-known Twitter accounts last summer and used them to ask for BTC, netting $100K+, was sentenced to three years in a plea deal  —  Graham Ivan Clark, 18, agreed to plea guilty to fraud charges for a hack of several Twitter accounts last summer.
Dara Khosrowshahi / London Evening Standard:
Uber's thinking on UK driver rights has evolved and worker flexibility “should not come at the expense of social protections”  —  T  —  hree weeks after I became CEO of Uber in 2017, our licence to operate in London was revoked.  It was not how I expected to start my new job …
CNBC:
SEC filing: Uber will reclassify its UK drivers as “workers”, granting them vacation pay, minimum wage, and pension plan access, but not full employee benefits  —  - Uber will reclassify all U.K.-based drivers as workers.  — Under the new designation, more than 70,000 drivers …
Shaan Puri / @shaanvp:
[Thread] Why Clubhouse will fail: most of the content is “meh” and users will struggle to find interesting live content, leading to low user retention  —  So... everyone seems to think clubhouse is the “next big thing” - but I think it's going to fail. Here's how I think it all goes down..
Bloomberg:
A profile of Clubhouse co-founder Paul Davison, who previously had built social apps like Highlight and Shorts that nudged people to share more by default
Noam Cohen / Wired:
Wikimedia Foundation debuts Wikimedia Enterprise, a premium service for delivering Wikipedia content to companies like Google, but a free option will remain  —  The Big Four all lean on the encyclopedia at no cost.  With the launch of Wikimedia Enterprise, the volunteer project will change that—and possibly itself, too.
Kurt Wagner / Bloomberg:
Facebook says it will publish an annual report detailing its impact on human rights, and will establish a fund to support human rights activists and journalists  —  - Social media giant to give board formal updates on the issue  — Company has been criticized for role in Myanmar, Sri Lanka
Sam Schechner / Wall Street Journal:
France says Apple's upcoming IDFA ad privacy changes are not abusive but will investigate if Apple has stricter rules for third-party apps than for its own apps  —  French competition authority says Apple's changes 'don't appear to be abusive'  —  France's competition regulator rejected …
Casey Newton / Platformer:
Facebook's interest in newsletters stems from its shift in product development to focus on private messaging and Groups, not the News Feed  —  Hint: it's all about Groups.  PLUS: Substack fumbles  —  Today let's talk about platforms' growing interest in building newsletter tools …
Danny Palmer / ZDNet:
McAfee researchers detail a Chinese cyberespionage campaign targeting at least 23 telcos in the US, Europe, and SE Asia to steal data, including for 5G tech  —  Cybersecurity researchers at McAfee detail an ongoing cyber espionage campaign which is targeting telecoms companies around the world.
Joanne Chiu / Wall Street Journal:
Chinese streaming service Bilibili will start a secondary listing in Hong Kong on March 29, expected to raise $2.8B, after listing on the Nasdaq in March 2018  —  Video-app operator capitalizing on run-up in shares with plan for secondary listing  —  Bilibili Inc., the operator …
Ben Thompson / Stratechery:
Stripe's Patrick Collison, Microsoft's Brad Smith, Google's Thomas Kurian, and Cloudflare's Matthew Prince discuss moderation in internet infrastructure  —  It was Patrick Collison, Stripe's CEO, who pointed out to me that one of the animating principles of early 20th-century Progressivism …

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This is a Techmeme archive page. It shows how the site appeared at 9:55 AM ET, March 17, 2021.

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From Mediagazer

Jennifer Maas / Variety:
Disney reports Q3 revenue up 7% YoY to $25.2B, below $25.4B est., adjusted EPS of $2.06, above $1.85 est., and entertainment revenue up 6% to $11.3B

Katie Robertson / New York Times:
The NYT reports Q2 revenue up 11% YoY to $762.5M, digital-only subscription revenue up 16% to $407.9M, and adjusted operating profit up 16% to $155.3M

Charisma Madarang / Rolling Stone:
US celebrity blogger Perez Hilton is recovering in hospital after members of the public reported that he had appeared to self-harm during a TikTok livestream

More News

Ari Levy / CNBC:
Health care referral service Grand Rounds, which was last valued at $1.34B, is merging with Doctor On Demand, last valued at $875M, in an all-stock deal
The Verge:
A group of 15 AGs update their antitrust complaint against Google, taking aim at Chrome's Privacy Sandbox and other privacy updates related to ad targeting

Earlier Picks

William Turton / Bloomberg:
Leaked audio from a February 8 meeting reveals Parler's chief policy officer saying: “We are not going after misinformation in any way”
Chaim Gartenberg / The Verge:
Intel's 11th Gen desktop chips launch, with the flagship Core i9-11900K sporting eight cores, two less than last gen, and boosted clock speeds of up to 5.3GHz
Abner Li / 9to5Google:
Google announces second-generation Nest Hub with sleep tracking, powered by a Soli radar chip, for $100, shipping on March 30
Ian Carlos Campbell / The Verge:
Dropbox says Dropbox Passwords, a management tool introduced in 2020 for businesses, will be free for Basic accounts starting in April, with a 50 password limit
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