Techmeme
May 14, 2021, 11:45 AM

Top News

BBC:
The Irish health service shuts down its IT system after a “significant” ransomware attack that is having a severe impact on health and social care services  —  Ireland's health service has temporarily shut down its IT system after what it described as a “significant ransomware attack”.
Nilay Patel / The Verge:
Starlink review: nice hardware yielding a moderately fast, very inconsistent connection, but has line-of-sight issues with even a tree able to block the signal  —  The problem with reality is that it is very irritating.  —  In our imaginations, we might dream of a satellite internet system …
Lauren Feiner / CNBC:
Google is leading an effort, supported by many tech giants, to maintain work authorization for tens of thousands of people whose spouses hold H-1B visas  —  - Google is leading an effort to maintain work authorization for tens of thousands of people whose spouses hold H-1B visas …
BBC:
A peer-reviewed study finds UK's NHS contact-tracing app reduced the second wave by roughly 25%, averting ~594,000 out of 1.89M cases from October-December 2020  —  The NHS contact-tracing app had a significant impact on lowering the spread of the coronavirus in the UK, a peer-reviewed paper has found.
Reuters:
Ireland's High Court rejects Facebook's bid to block Data Protection Commissioner's decision that may force the company to stop sending EU user data to the US  —  Ireland's High Court on Friday rejected a Facebook bid to block an inquiry by the Irish data regulator that could halt Facebook's data flows …
Bloomberg:
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 …
Todd Spangler / Variety:
Jeff Blackburn, an S-team Amazon exec who had departed in February, is returning as SVP of Global Media and Entertainment, overseeing Prime Video, Twitch, more  —  Jeff Blackburn, a former high-level Amazon exec who just recently left after more than two decades, is coming back …
MacKenzie Sigalos / CNBC:
Coinbase reports Q1 revenue of $1.8B, up 207% QoQ, monthly transacting users of 6.1M, up from 2.8M last quarter, says it plans to list dogecoin in 6-8 weeks  —  - In Q1, Coinbase reported earnings per share of $3.05, the company reported on Wednesday.  — It also brought in $1.80 billion of revenue …
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.

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Earlier Picks

Tom Schoenberg / Bloomberg:
Taylor Hatmaker / TechCrunch:
Joey Roulette / The Verge:
Ina Fried / Axios:
Ellen Nakashima / Washington Post: