Techmeme
May 11, 2021, 11:10 PM

Top News

Brian Krebs / Krebs on Security:
Deep dive on the DarkSide ransomware gang, which pressures victims into paying via phone calls by affiliates, DDoS attacks, and threats of tipping short sellers  —  The FBI confirmed this week that a relatively new ransomware group known as DarkSide is responsible for an attack …
Eamon Javers / CNBC:
Anna Cooban / Insider:
WhatsApp details the experience for those who don't agree to its new privacy policy, including losing access to calls, messages, and notifications  —  - WhatsApp will eventually stop users sending and receiving messages if they refuse a new privacy policy.  — If users do not agree to the policy …
Dr. Ian Cutress / AnandTech:
Intel unveils 11th-gen Core Tiger Lake-H 10nm mobile processors for desktop-caliber performance and gaming, with five consumer chips and five commercial ones  —  Ever since the launch of the first series of Intel Core 11th Generation Tiger Lake processors aimed at the ‘U-series’ 15 W market …
Sarah Perez / TechCrunch:
YouTube plans to pay $100M to top creators on YouTube Shorts, its TikTok competitor, through 2022, starting in the next few months in the US and India  —  YouTube is giving its TikTok competitor, YouTube Shorts, an injection of cash to help it better compete with rivals.
Kif Leswing / CNBC:
Apple says that ~1M new apps and ~1M app updates were rejected in 2020, 470,000+ developer accounts were terminated over fraud concerns, and more  —  - Apple said it rejected almost 1 million apps that were submitted to its App Store for the first time in 2020.
Eric Benjamin Seufert / Mobile Dev Memo:
The Coinbase Blog:
Coinbase to ban pay negotiations in hiring and will offer the same pay to new hires in the same position and location; top performers to still get “multipliers”  —  Coinbase is always evolving.  In the last year, we've grown our headcount by 100%, hired in 6 new countries …
Stephen Shankland / CNET:
Zigbee Alliance renames as Connectivity Standards Alliance and unveils Matter, an interoperable connectivity standard to ship in smart home devices this year  —  An industry alliance sponsored by Apple, Google, Amazon and other tech companies will begin certifying smart home devices later this year …
Sara Fischer / Axios:
Sources: TikTok is launching a tool for brands to recruit employees that it's currently beta testing with a group of companies  —  TikTok is testing a tool for brands to recruit employees, sources tell Axios.  —  Details: The pilot program is designed to help people find jobs on TikTok …
Karin Matussek / Bloomberg:
German regulator orders Facebook to stop collecting users' WhatsApp data citing legality; Facebook says the claim is wrong and won't stop rollout of new ToS  —  - Hamburg regulator issues a three-month emergency order  — Watchdog calls new terms intransparent and overly broad
Manish Singh / TechCrunch:
Google Pay users in the US can now send money to GPay users in India and Singapore; Google has partnered with Western Union and Wise to enable this feature  —  Google Pay users in the U.S. can now send money to GPay users in India and Singapore, Google said on Tuesday, making its first push into the remittances market.
Wall Street Journal:
Uber and Lyft will offer free rides to and from US vaccination sites until July 4, partnering with the Biden administration, which is providing site data  —  New transportation partnership comes as Biden administration explores ways to encourage people to get vaccinated
Tripp Mickle / Wall Street Journal:
Google says it plans to double the size of its team studying AI ethics in the coming years, as it looks to strengthen the group battered by recent controversies  —  CEO will boost operating budget of team tasked with evaluating code and product to avert discrimination and other problems
Riley de León / CNBC:
Online mortgage service Better.com to go public via a SPAC merger with Aurora Acquisition Corp. at $7.7B valuation; deal includes $1.5B SoftBank-led investment  —  - Digital mortgage lender Better will make its market debut by merging with Aurora Acquisition Corp., valuing the company at $7.7 billion.
Stephen Nellis / Reuters:
Big chip buyers, including Apple and Google, are joining top chip-makers like Intel to create a lobbying group for chip manufacturing subsidies  —  (Reuters) - Some of the world's biggest chip buyers, including Apple Inc, Microsoft Corp and Alphabet Inc's Google, are joining top chip-makers …
James Vincent / The Verge:
HTC unveils the Vive Pro 2 VR headset with a 5K resolution display, 2448×2448 pixels per eye, a 120Hz refresh rate, and 120-degree FoV, coming June 4 for $799  —  Available to preorder today and on sale from June 4th for $799  —  HTC has unveiled the new Vive Pro 2 …
Eyk Henning / Bloomberg:
Block.one is launching Bullish, a crypto exchange, in the second half of 2021, capitalized by about $10B in digital assets and cash  —  - Bullish exchange to launch in the second half of this year  — Funding round includes Alan Howard, Louis Bacon and Richard Li  —  Follow us @crypto for our full coverage.
Mary Ann Azevedo / TechCrunch:
Acquco, a NY-based startup founded by former Amazon employees that buys and scales Amazon third party sellers, raises $160M Series A in debt and equity  —  There has been a flurry of investments in startups focused on acquiring third-party sellers on Amazon and helping them build their businesses.

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Jessica Bursztynsky / CNBC:
Reuters: