Techmeme
April 7, 2021, 2:35 AM

Top News

Lily Hay Newman / Wired:
Facebook says the leaked 533M records are a different data set that attackers created by abusing a flaw in a Facebook contacts import feature, not by hacking  —  The company's explanations have been confusing and inconsistent, but there are finally some answers.
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 …
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.
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 …
Annie Palmer / CNBC:
Jeff Bezos says Amazon supports a rise in the corporate tax rate and making bold investments in US infrastructure, but stops short of supporting Biden's plan  —  - Amazon CEO Jeff Bezos on Tuesday voiced support for raising the corporate tax rate but stopped short of saying he supports President Joe Biden's plan for the increase.
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.
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.
Pranob Mehrotra / XDA Developers:
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.
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
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 …
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 …
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
Financial Times:
Sources: Grab is set to go public in the US through a SPAC merger that will value it at ~$35B, as soon as this week  —  Deal with Altimeter Capital's blank-cheque vehicle will value technology start-up at $35bn  —  Grab, south-east Asia's most valuable start-up, is set for the largest merger between …

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More News

Andrei Frumusanu / AnandTech:
Paul R. La Monica / CNN:

Earlier Picks

Bloomberg:
Todd Spangler / Variety:
Tucker Higgins / CNBC:
Sami Fathi / MacRumors: