Techmeme
April 6, 2021, 11:05 PM

Top 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 …
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.
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 …
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.
Pranob Mehrotra / XDA Developers:
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.
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.
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
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 …
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 …
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.”
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
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.

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More News

Paul R. La Monica / CNN:
Todd Spangler / Variety:

Earlier Picks

Clubhouse:
Tucker Higgins / CNBC:
Sami Fathi / MacRumors: