Techmeme
May 13, 2021, 12:35 PM

Top News

Sean O'Kane / The Verge:
Elon Musk says Tesla no longer accepts bitcoin for vehicle purchases, due to its environmental cost, will look at more environmentally friendly cryptocurrencies  —  Tesla has stopped accepting bitcoin as payment for its cars out of concern that it will contribute to greater consumption of fossil fuels …
Arjun Kharpal / CNBC:
Cryptocurrency markets lost around $365B in value after Musk tweeted Tesla will suspend car purchases with bitcoin; bitcoin, ether, and XRP all fell sharply  —  - Tesla CEO Elon Musk tweeted that the electric vehicle maker would suspend car purchases using bitcoin, citing environmental concerns.
Bloomberg:
Sources: Colonial paid ~$5M ransom in cryptocurrency within hours of the attack, but the hackers' decrypting tool was so slow that it had to use its own backups  —  - Payment came shortly after attack got underway last week  — FBI discourages organizations from paying ransom to hackers
Kevin Collier / NBC News:
Colonial Pipeline says it has restarted operations, after being shut down for five days due to DarkSide's ransomware attack  —  Colonial Pipeline, operator of the largest U.S. fuel pipeline, said Wednesday it is restarting operations after being shut down for five days due to a cyberattack.
Ina Fried / Axios:
Apple says it parted ways with recent hire Antonio García Martínez, an ex-Facebook staffer and author, after employee petition citing “misogynistic statements”  —  Apple has severed ties with recent hire Antonio Garcia-Martinez, a former Facebook employee and author …
Ellen Nakashima / Washington Post:
Biden signs EO to strengthen US cyber defenses, including the development of cybersecurity standards for software companies that sell to the government  —  President Biden signed an executive order Wednesday aimed at shoring up the federal government's digital defenses as his administration grapples …
Mary Jo Foley / ZDNet:
Microsoft is shutting down its Azure Blockchain Service on September 10, six years after initial launch, and is not supporting any new deployments as of May 10  —  Six years after its initial launch, Microsoft's Azure Blockhain as a Service is going to be shut down this September.
Natasha Lomas / TechCrunch:
Google has been fined €100M+ by Italy's antitrust watchdog for abusing its dominant market position by restricting third party access to the Android Auto app  —  Google has been fined just over €100 million (~$123M) by Italy's antitrust watchdog for abuse of a dominant market position.
Benjamin Wallace / New York Magazine:
Behind the online battle between notable tech figures including a16z partners and Balaji Srinivasan, and the journalists who report, and tweet, on the industry  —  Late last fall, the New York Times was preparing a bombshell article about Coinbase, a financial exchange that had become …
Sarah Perez / TechCrunch:
Roku announces launch of its original programming, including the Quibi content it acquired, on the Roku Channel, starting May 20  —  Roku today announced the launch of its own original programming, which will initially become available to viewers in the U.S., U.K., and Canada through …
Joey Roulette / The Verge:
SpaceX signs a satellite connectivity deal with Google Cloud, as part of which SpaceX will install Starlink terminals at Google's data centers around the world  —  Under a new agreement, SpaceX will plant Starlink terminals at Google Cloud's data centers  —  Google said on Thursday …
Detroit News:
Michigan GOP lawmaker introduces a bill that requires fact checkers to register with the state using a $1M fidelity bond, and levies $1K/day fine for violations  —  Lansing — A Michigan lawmaker who's been at the center of efforts to question the 2020 election introduced a bill Tuesday that would require …
Billy Steele / Engadget:
Amazon Echo Buds (2nd gen) review: affordable, better sound, smaller, True ANC, optional wireless charging, but middling battery life and mediocre call quality  —  Compared to its closest rivals, Amazon was late to the true wireless earbud game.  By the time the company introduced its
Bloomberg:
South Korea plans to spend around $450B to build the world's biggest chipmaking base over the next decade; Samsung to boost spending by 30% to $151B by 2030  —  - Samsung and SK Hynix leading investment to rev up capacity  — Severe chip shortages prompt global race to shore up supply
Crystal Tse / Bloomberg:
Axtria, which makes data analytics software for life sciences companies, raises $150M, sources say at a valuation close to $1B  —  Axtria, which makes software for life-sciences companies, raised $150 million in a funding round from Bain Capital Tech Opportunities.
Arjun Kharpal / CNBC:
Alibaba reports Q4 net loss of $836M, as the massive antitrust fine it received last month weighed on earnings, and revenue of $28.6B, up 64% YoY  —  - Alibaba swung to a net loss in the March quarter of 5.47 billion yuan.  The market had expected a net profit of 6.95 billion yuan, according to Refinitiv estimates.
Chris Metinko / Crunchbase News:
GRIN, which helps brands manage influencer marketing campaigns, adds $16M to its $10M Series A announced in December 2020  —  GRIN, a developer of influencer marketing software, added an “opportunistic” $16 million to its $10 million Series A announced five months ago.

Sponsor Posts

Google Workspace:
See how it's done with Google Workspace  —  Whether you're a team of 10 or 10,000, Google Workspace has all the tools you need to connect, create and collaborate.
Oura:
7 Tips for a Good Night's Sleep  —  Want to improve your sleep and build healthy habits that can last a lifetime?  Put these 7 tips to the test.
Zoho:
Beyond communication: Here are 5 other things you can do from your email  —  Did you know you can start meetings, access CRM data, manage projects, and much more without leaving your email interface?
Techmeme Leaderboards:
Find out who the top reporters are in 43 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.
Modern Finance Podcast:
The Origins and Future of Aave, The Decentralized Finance Protocol to Lend and Borrow Crypto
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Thu. 07/29 - Vaccine Mandates For Big Tech?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:35 PM ET, May 13, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Ryan Browne / CNBC:

Earlier Picks

Adi Robertson / The Verge: