Techmeme
May 13, 2021, 7:25 PM

Top News

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
Tom Schoenberg / Bloomberg:
Sources: Binance is under investigation by DOJ and IRS; officials involved include those who probe money laundering and tax offenses  —  - Justice Department, IRS seek information about crypto exchange  — The federal agencies haven't accused Binance of wrongdoing
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:
The Block:
Vitalik Buterin sells large amounts of SHIB, AKITA, and ELON tokens, sent to him by coin creators, for ~$60M worth of ETH, and donates the proceeds to charities  —  Quick Take  — Ethereum creator Vitalik Buterin has offloaded a range of dog-themed meme tokens.
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 …
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.
Yogita Khatri / The Block:
Tether, which claimed at launch that each tether was backed 1:1 with USD, releases a breakdown of its reserves, revealing that only 3.87% are in actual cash  —  Quick Take  — Stablecoin issuer Tether has revealed a breakdown of its reserves.  — As of March 31, 2021 …
Richard Nieva / CNET:
YouTube has banned almost 40 QAnon channels that were evading YouTube's policies and escaping violations by self-deleting their own videos after a few days  —  YouTube banned almost 40 channels that used the tactic.  Disinformation experts say they haven't seen the ploy used before.
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 …
Sarah Perez / TechCrunch:
Pinterest says it will test livestreaming events this month through a three-day virtual event featuring sessions with around 21 top creators  —  Pinterest is expanding into live events.  The company is planning to host a three-day virtual event that will feature live-streamed sessions from top creators …
Strategy Analytics:
Global notebook PC shipments grew 81% YoY in Q1; both Apple, with 5.7M shipments, and Acer, with 4.9M shipments, grew 94% as HP grew 91% with 15.4M shipments  —  Gaming, Chromebooks, commercial and consumer demand stay hot as the return to work and school is slow and pointing to a hybrid approach long-term
Sebastian Herrera / Wall Street Journal:
Amazon says it is hiring 75,000 workers, representing 8% of its US workforce, and offering an average of $17/hour, above its typical $15/hour starting wage  —  The retail and tech giant said the new roles—representing nearly 8% of its U.S. workforce—are offering average pay of $17 an hour
Taylor Hatmaker / TechCrunch:
Discord announces Stage Discovery, a tool to help people find communities through live audio events, and says it will soon test paid, ticketed audio events  —  If you're new to Discord, you might be thrown off by the lack of an endless feed peppered with ads.
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 …
Andrew J. Hawkins / The Verge:
Ford says it will start rolling out OTA updates to its vehicles at scale, including adding Alexa later this year to 700K eligible vehicles  —  The automaker aims to have 33 million OTA-capable vehicles by 2028  —  Ford is finally ready to start rolling out over-the-air (OTA) software updates to its vehicles at scale.

Sponsor Posts

Niantic Lightship ARDK:
AR App Development Evolved: Join Niantic November 8, 2021  —  Create your own AR Real-World Metaverse with the Niantic Lightship ARDK.  Be part of the launch and join our virtual keynote November 8, 2021.
Zoho:
These Zoho Projects integrations can help make your life easy  —  Managing a project to deliver solutions that your customers love is not an easy job.  It requires meaningful collaboration and effective process workflows …
Tribe AI:
“Tribe AI got more done in 4 weeks than our in-house team did in a year.”  —  See why Tribe is a different kind of machine learning consultancy, built for speed, results, and impact.
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:
Play-to-Earn Gaming with Yield Guild Games
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Tue. 10/19 - The Google Pixel Event And The Pixel 6
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 7:25 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

Bloomberg:

Earlier Picks

Mary Jo Foley / ZDNet:
Ellen Nakashima / Washington Post: