Techmeme
April 21, 2021, 11:30 AM

Top News

Wall Street Journal:
EU proposes strict AI rules, regulating “high-risk” uses such as loan applications, with non-compliant companies fined up to 6% of annual global revenues  —  EU is proposing one of the first laws globally to regulate the use of artificial intelligence for applications like hiring and policing
Ingrid Lunden / TechCrunch:
Instagram is rolling out tools to filter out abusive DMs based on keywords and emojis, and to block users along with any new accounts they may create  —  Facebook and its family of apps have long grappled with the issue of how to better manage — and eradicate — bullying and other harassment …
Sean Hollister / The Verge:
How Kosta Eleftheriou became a one-man App Store fraud squad, by looking for top grossing apps with fake user reviews and ridiculously high subscription prices  —  A one-man Bunco Squad is poking holes in Apple's App Store image  —  Recently, I reached out to the most profitable company …
Catalin Cimpanu / The Record:
REvil ransomware gang claims to have breached Apple contractor Quanta Computer and is threatening to leak Apple product schematics unless a ransom is paid  —  The operators of the REvil ransomware are demanding that Apple pay a ransom demand to avoid having confidential information leaked on the dark web.
Benjamin Mayo / 9to5Mac:
Apple updates 11" and 12.9" iPad Pros with M1, 8-core GPU, Thunderbolt, up to 2TB storage, 5G, 1080p FaceTime HD camera, and a mini-LED screen on 12.9" model  —  As part of the Apple event today, the company unveiled the new lineup of iPad Pro tablets.  The 2021 11-inch and 12.9-inch iPad Pro feature …
Jason Snell / Macworld:
Apple:
Joseph Cox / VICE:
Facebook says a vulnerability that lets attackers find a Facebook profile given an email address is still active after being “erroneously closed out”  —  A video shared with researchers and Motherboard shows a tool linking email addresses to Facebook accounts.  —  Joseph Cox
Sami Fathi / MacRumors:
Tim Cook says Apple is now selling more M1 Macs than Intel-based models, despite them only being released in November  —  Despite only being released in November, sales of the M1-powered MacBook Air, MacBook Pro, and Mac mini now represent the majority of Mac sales, outperforming Mac computers powered …
Apple:
Tom Warren / The Verge:
Microsoft introduces new settings in Outlook to allow breaks between back-to-back meetings after its own research showed that “digital overload is real”  —  Back-to-back meetings can now have a break in between  —  Microsoft is updating Outlook to give companies the option …
Haroon Siddique / The Guardian:
Paul Sawers / VentureBeat:
RapidAPI, an API marketplace that covers everything from file storage to COVID-19 statistics, raises $60M Series C led by Green Bay Ventures  —  Join Transform 2021 this July 12-16.  Register fo r the AI event of the year.  —  RapidAPI, a platform that helps developers find, manage …
More: CTech and insideHPC
Alina Tugend / New York Times:
Researchers and therapists say VR has shown great promise for physical and occupational therapy, including pain management and relieving PTSD  —  While use of the gaming technology for improving physical ailments is still in the early stages, it shows promise — and it's fun.
Gillian Tan / Bloomberg:
Sources: Mavenir, which makes tools for 250+ wireless service providers in 120+ countries, raises $500M from Koch Strategic Platforms for a minority stake  —  Koch Strategic Platforms has agreed to acquire a minority stake in Mavenir Systems Inc., a software maker used by communication service providers.
Netflix - Investors:
Netflix reports Q1 revenue of $7.16B, up 24% YoY, and 208M paid memberships, up 14% YoY but below its forecast of 210M; stock down 8%+  —  April 20, 2021 Fellow shareholders, Revenue grew 24% year over year and was in line with our beginning of quarter forecast, while operating profit and margin reached all-time highs.

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Modern Finance Podcast:
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Mon. 06/21 - Can Facebook Win Audio?
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More News

Jon Porter / The Verge:

Earlier Picks

Juli Clover / MacRumors:
Sarah Perez / TechCrunch:
Bloomberg:
Ingrid Lunden / TechCrunch:
Zac Hall / 9to5Mac:
Reuters:
Charlie Osborne / ZDNet: