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March 30, 2021, 11:20 AM
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Anna Irrera / Reuters:
PayPal says it has started letting US customers use cryptocurrency holdings to pay millions of its online merchants globally  —  LONDON (Reuters) - PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay …
Noor Zainab Hussain / Reuters:
Visa says it will allow the use of cryptocurrency USD Coin to settle transactions on its payment network and has launched a pilot program with Crypto.com
Jay Peters / The Verge:
Google announces upgrades to Maps, including indoor AR directions, a new directions interface with eco-friendly driving routes, and new weather map layers  —  Indoor AR directions, a new directions interface, and more  —  Google is announcing a bunch of new features planned for Google Maps …
Chance Miller / 9to5Mac:
Apple announces a virtual WWDC 2021 from June 7 to June 11, where iOS 15, macOS 12, watchOS 8, and more are expected  —  Apple has officially announced WWDC 2021.  This year, the conference will take place completely virtually starting June 7.  This marks the second year in a row that Apple …
Sara Fischer / Axios:
Spotify buys app developer Betty Labs, creator of Locker Room, a live social audio app where fans can talk about sports, which Spotify plans on expanding  —  The acquisition will allow creators of all kinds to host anything from debates to live concerts.
Sam Byford / The Verge:
Xiaomi announces Mi Mix Fold, its first folding phone, with an 8.01-inch 4:3 OLED display, Snapdragon 888, 5,020mAh battery, and four Harman Kardon speakers  —  The Mi Mix series returns  —  Xiaomi has resurrected its Mi Mix series with the Mi Mix Fold, the company's first commercial folding phone.
Corbin Davenport / XDA Developers:
Xiaomi unveils €1,200 Mi 11 Ultra, with a rear-facing 1.1-inch AMOLED screen, and the Mi 11i, Mi 11 Lite series, Mi Band 6, and an AirPower-like charging pad
Ben Gilbert / Insider:
Newly created Twitter accounts labeled as Amazon employees are defending the company amid a union drive; Amazon admitted in 2018 to paying for similar tweets  —  - Amazon's paid army of employee Twitter users is at it again, this time criticizing unionization.
Matt Day / Bloomberg:
After a monthslong campaign, the union election for Amazon workers in Bessemer, AL, has concluded and vote counting begins on Tuesday, overseen by the NLRB
Todd Bishop / GeekWire:
T-Mobile will end its TVision live TV offerings, partner with Philo and YouTube TV, and make Google Messages the default messaging app for Android customers  —  T-Mobile will make Google Messages its default messaging app for customers on Android devices, provide new backup and storage options via …
Yogita Khatri / The Block:
Ripple says it is acquiring a 40% stake in Asian cross-border payments company Tranglo  —  Crypto firm Ripple has agreed to acquire a 40% stake in Asian payments specialist Tranglo.  The transaction is subject to regulatory approvals is expected to occur sometime this year.
Dan Seifert / The Verge:
Google Nest Hub (2nd-gen) review: easy and reliable sleep tracking, improved speaker, excellent Google Photos photo frame, but too slow for everything else  —  The new Nest Hub is just as good at being a digital photo frame as before, but it's slow for everything else
David McLaughlin / Bloomberg:
FTC abandons its antitrust lawsuit against Qualcomm, says it won't seek a Supreme Court review of a 2020 federal appeals court decision that acquitted Qualcomm  —  - FTC declines to seek Supreme Court review of monopoly case  — Company was accused of abusing dominance in cell-phone chips
Tim Hardwick / MacRumors:
Epic Games says it has filed a complaint in support of UK antitrust watchdog's ongoing investigation into Apple's alleged anti-competitive behavior  —  Epic Games today said it had filed a complaint to the UK's antitrust watchdog in support of the government department's ongoing investigation …
Katie Roof / Bloomberg:
Enterprise data storage startup Cohesity announces an employee share tender offer totaling $145M, valuing the company at $3.7B, up from $2.5B last year  —  - Data management business launches $145 million tender offer  — SoftBank Vision Fund doubling down on Cohesity investment
Axios:
Sources: Substack is raising $65M at a $650M valuation; a16z will lead the round  —  Substack is raising $65 million in new venture capital funding that would value the company at around $650 million, Axios has learned.  Existing investor Andreessen Horowitz is leading the round.
Bloomberg:
Filing: Xiaomi will invest ~$10B over the next decade to manufacture electric cars, with an initial investment of $1.5B in smart vehicle manufacturing  —  - Chinese phone giant aims to outsource vehicle assembly  — Market booms as prices fall, consumers embrace cleaner cars
Steve O'Hear / TechCrunch:
European startup Everli, which lets customers order from local supermarkets for delivery, raises $100M Series C led by Verlinvest  —  Everli, the European marketplace for online grocery shopping that started in Italy but now also operates in Poland, Czech Republic and France, has raised a $100 million in Series C funding.
Ryan Duffy / Morning Brew:
Bakkt launches its digital wallet app, with partners including Starbucks and Best Buy; during its five-month invite-only beta period, it garnered 500,000+ users  —  Trading fiat currency for crypto—or frequent flier miles for lattes  —  Today, Bakkt is announcing the general availability …
Thanks:@ryanfduffy

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This is a Techmeme archive page. It shows how the site appeared at 11:20 AM ET, March 30, 2021.

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From Mediagazer

Stuart Dredge / Music Ally:
Sony Music exec Dennis Kooker says the company has sent 135K+ takedown notices for deepfakes of its artists, but sees opportunities in AI with proper licensing

Nilay Patel / The Verge:
Q&A with LightShed Partners' Rich Greenfield on Paramount's WBD deal, the need to ramp up content production, media as a trophy asset, streaming tech, and more

David Shepardson / Reuters:
Eight US states, including CA, CO, and NY, sue to block Nexstar's proposed $3.54B merger with Tegna on antitrust grounds; DirecTV files a separate suit

More News

Earlier Picks

Emily Birnbaum / Protocol:
Eight current and former members of the American Bar Association's antitrust section say it's heavily influenced by lawyers from Facebook, Apple, Amazon, Google
Alan Suderman / Associated Press:
Sources: SolarWinds hackers gained access to emails of Trump administration's top DHS officials, including acting Secretary Chad Wolf and cybersecurity staff
Ax Sharma / BleepingComputer:
The official PHP Git repository was hacked, adding a backdoor RCE to the PHP source code; PHP maintainer says the changes were reverted within a few hours
Fanny Potkin / Reuters:
Facebook says it has planned two new undersea cables in a project with Google and local telcos to connect Singapore, Indonesia, and North America
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