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April 6, 2021, 8:40 PM
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memeorandum
WeSmirchTop News
| Jeff John Roberts / Decrypt: |
Ahead of its April 14 direct listing, Coinbase reports a record quarter, with estimated profits of $730M-$800M in Q1 on revenue of ~$1.8B and 56M verified users — Coinbase announced its 2021 first quarter earnings on Tuesday, revealing that the crypto giant made a profit of between $730 million …
More:
TechCrunch, Coinbase, Wall Street Journal, The Information, FinLedger, Forbes, CoinDesk, CNBC, MarketWatch, Bloomberg, The Block, Axios, Crypto Briefing, NewsBTC, Crowdfund Insider, and Bitcoin Magazine
Tweets: @paulvigna, @wsj, @pt, @apompliano, @sytaylor, @cryptogodjohn, @jeffjohnroberts, @mdudas, @jeffjohnroberts, and @shaughnessy119. Thanks:@jeffjohnroberts
| Andy Greenberg / Wired: |
Signal says it has added support for privacy-focused cryptocurrency MobileCoin to let users send and receive money, starting in the UK on iOS and Android — The encrypted messaging app is integrating support for MobileCoin in a bid to keep up with the features offered by its more mainstream rivals.
More:
Signal Blog, GitHub, Gizmodo, TechCrunch, PCMag, Pocket-lint, theblockcrypto.com, 9to5Mac, Android Central, CoinDesk, SlashGear, and Decrypt
| Katie Roof / Bloomberg: |
Sources: Clubhouse is in talks to raise funding from investors in a round valuing the business at about $4B, following its reported valuation of ~$1B in January — Clubhouse, the buzzy audio-based social network, is in talks to raise funding from investors in a round valuing the business … | BuzzFeed News: |
Report: employees at 1,803 public agencies in the US used Clearview AI for ~340K facial recognition searches without informing the public or their departments — A controversial facial recognition tool designed for policing has been quietly deployed across the country with little to no public oversight.
More:
BuzzFeed News, BuzzFeed News, Insider, Tech Policy Press, Gizmodo, Virginian-Pilot, WRAL-TV, Input, Engadget, and FlowingData
Tweets: @caro1inehaskins, @rmac18, @caro1inehaskins, @devon_wiersma, @onlymyya, @rmac18, @rmac18, @jane__bradley, @hamzakaroumia, @rmac18, @rmac18, @rmac18, @jpegjoshua, @johngallias, @rmac18, @techpolicypress, @orphir_, @jameeljaffer, @jakelaperruque, @justinhendrix, @wewontbuildit, @buzzfeednews, @mtdukes, @bri_sacks, @rmac18, @kashhill, @ajfriedenberger, @rmac18, and @rmac18
| James T. Areddy / Wall Street Journal: |
China is pitching the digital yuan as a way to soften the power of US sanctions, which are increasingly being used against Chinese companies and individuals — A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn't linked to the dollar-dominated global financial system| Pranob Mehrotra / XDA Developers: |
New software update for the Google Pixel lineup reportedly dramatically boosts Pixel 5's GPU performance, which had been poor for a Snapdragon 765G-based phone — The latest software update for the Google Pixel lineup recently started rolling out to users.
More:
Android Open Source Project, Ars Technica, Lifehacker, Android Headlines, Pocketnow, Tom's Guide, Gizchina, SlashGear, Phandroid, 9to5Google, MUO, PCMag, BGR, Engadget, and Android Authority
Tweets: @andreif7 and @suka_hiroaki
| Jon Porter / The Verge: |
TikTok says creators will soon be able to add automatic captions to videos in US English and Japanese with support for other languages “in the coming months” — Launching in American English and Japanese first — TikTok creators will soon be able to add automatically-generated captions …
More:
TikTok, TechCrunch, CNET, 9to5Mac, Engadget, Social Media Today, Pocket-lint, TikTok Creator Portal, Neowin, and Android Headlines
Tweets: @tiktokcomms, @lowco2525, @sophiasgaler, @thealexconnor, and @taylorlorenz
| Jacob Kastrenakes / The Verge: |
YouTube says that 18 out of every 10K views in Q4 2020 were of videos that violate its policies, down from 72 out of every 10K views in Q4 2017 — ‘Violative View Rate’ fell steeply after 2017 — YouTube wants the world to know that it's doing a better job than ever of enforcing its own moderation rules.
More:
Washington Post, YouTube Official Blog, CNET, Social Media Today, New York Times, Neowin, and Variety
Tweets: @gerritd and @susanwojcicki
| Washington Post: |
Rhett Lindsey, a former Facebook recruiter, and other Black employees involved in hiring, describe a problematic hiring process that hinders diversity goals — The recruiter quit after 11 months, adding fuel to claims that it discriminates against Black applicants
More:
Insider. Tweets: @keaux_, @reedalbergotti, @keithboykin, @lizzadwoskin, @jesselehrich, @kimcrayton1, @jamesclayton5, @quinnypig, and @cristymsilva
| Kyle Wiggers / VentureBeat: |
Google open sources Lyra in beta, an audio codec that uses ML to create high-quality voice calls for low-bandwidth networks or archiving large amounts of speech — Google today open-sourced Lyra in beta, an audio codec that uses machine learning to produce high-quality voice calls.| Bloomberg: |
Companies that make $1 display driver chips can't keep up with surging demand, causing serious production problems for products with LCD displays like laptops — - Without a display driver chip, you can't build your product — CEO says he can't “see the light at the end of tunnel yet.”
More:
TechSpot, Tom's Hardware, KnowTechie, and Tom's Guide
Tweets: @6d6f636869, @quinnypig, @economictimes, @thestalwart, @geopol2030, and @6d6f636869. Thanks:@pelstrom
| Aamir Siddiqui / XDA Developers: |
Google announces the Android Open Source Project now supports Rust for developing the OS itself, providing more memory safety guarantees than C and C++ — Android as a complete OS solution involves a lot of moving parts. Very broadly speaking, these parts are the app ecosystem and then the OS itself.
More:
Google Online Security Blog, Thurrott, and 9to5Google
Tweets: @ericflo, @mishaalrahman, and @xdadevelopers
| Andrei Frumusanu / AnandTech: |
Review of Intel's Ice Lake Xeon Scalable CPUs, its first server chip design using a 10nm process, which sees large increases in performance for many workloads — The launch of Intel's Ice Lake Xeon Scalable processors has been in the wings for a number of years.
More:
SiliconANGLE, Tom's Hardware, SemiAccurate, ZDNet, Liliputing, HotHardware.com News, Intel Newsroom, ServeTheHome, Intel Newsroom, SiliconANGLE, ZDNet, Forbes, Intel Newsroom, WikiChip Fuse, VentureBeat, and ExtremeTech
Tweets: @intelnews, @intelnews, @iancutress, @stshank, @intelnews, and @iancutress. Thanks:@anandtech
| Sarah Perez / TechCrunch: |
Apple launches an app for enterprises to test devices that work with Apple's Find My network, ahead of its expected launch of its own new AirTags accessory — Apple has launched a new app, Find My Certification Asst., designed for use by MFi (Made for iPhone) Licensees …
More:
Gizmodo, iPhone in Canada Blog, Trusted Reviews, Engadget, 9to5Mac, iDownloadBlog.com, MacRumors, MACお宝 …, and AppleInsider
Tweets: @leaksapplepro, @yoda, @jpeguin, @jonyiveparody, @kfury, @brianroemmele, and @paulsweeney
| Robert Hackett / Fortune: |
Australian online design service Canva has raised $71M, valuing the company at $15B, up from its $6B valuation last June — Melanie Perkins has come a long way since founding a high school yearbook business in 2006. Out of the seed of that small venture she grew Canva … | Nick Statt / The Verge: |
Gadget trade-in site Gazelle says it changed its mind and will continue to offer its online trade-in program, after briefly ending its program in February — Two months after Gazelle supposedly shuttered the program — Trade-in provider Gazelle exited the online trade-in business back in February … | Bloomberg: |
EU says a number of institutions, including the European Commission, were hit by a significant cyberattack last week, although no data breach has been detected — A range of European Union institutions including the European Commission were hit by a significant cyber-attack last week.
More:
Tech.eu, PYMNTS.com, BleepingComputer, and CyberScoop
Tweets: @technology, @albertonardelli, and @angeljimenez
| Atul Bhattarai / Rest of World: |
A look at the rise and fall of India's missed call industry, which was transformed by Twitter-owned ZipDial that serviced 5M missed calls a day at its peak — In the age of expensive data, missed calls became more than just a cheap way to communicate. But in India, technology moves faster than you'd think.
More:
The Verge. Tweets: @chengela, @restofworld, @shiraovide, @restofworld, @restofworld, @restofworld, and @anupkaphle
| Kyle Wiggers / VentureBeat: |
Upsolver, which offers low-code SQL tools for cloud data analytics, raises $25M Series B, adds free tools for smaller workloads and says revenue tripled in 2020 — Upsolver, a no-code startup that enables analytics on cloud data lakes, this morning announced that it raised $25 million in financing led by Scale Venture Partners.
More:
CRN, FinSMEs, Globes Online, and Upsolver
| Bloomberg: |
BitMEX cofounder Arthur Hayes turns himself in to US authorities six months after BitMEX was accused of trying to avoid implementing money laundering controls — - Hayes and his co-founders are accused of flouting banking laws — BitMEX was a pioneer in opening crypto to smaller investors| Parmy Olson / Wall Street Journal: |
UK launches the Digital Markets Unit, a regulatory watchdog tasked with policing allegations of anticompetitive behavior in tech — Digital Markets Unit to police how largest global technology firms wield their market power — LONDON—The U.K. launched a new regulatory body aimed …
More:
Reuters, GOV.UK, and PYMNTS.com
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