Techmeme
May 20, 2021, 10:20 AM

Top News

Echo Wang / Reuters:
ByteDance co-founder Zhang Yiming says he is stepping down as CEO to “daydream about what may be possible”; co-founder and HR head Liang Rubo will be new CEO  —  (Reuters) -Zhang Yiming, co-founder of TikTok owner ByteDance, told employees of the Chinese technology giant in a memo …
Ian Sherr / CNET:
During the Epic trial, Craig Federighi says malware on macOS has reached an “unacceptable” level and the problem is “significantly larger” than iOS  —  Apple's head of software engineering, Craig Federighi, said malware on Macs have hit “unacceptable” levels.
Mark Gurman / Bloomberg:
Rumman Chowdhury / Twitter:
Twitter shares the results from an investigation into bias within the image cropping algorithm it used to employ, finding it favored white people and women  —  In October 2020, we heard feedback from people on Twitter that our image cropping algorithm didn't serve all people equitably.
Jason Rosenthal / The Keyword:
Google is opening its first ever physical retail store in New York this summer, letting users buy Pixel phones, Nest products, Fitbit devices, more  —  Today, we're announcing our plans to open Google's first ever physical retail store, in one of the greatest cities in the world: New York.
Rebecca Klar / The Hill:
FTC and six state AGs sue internet service provider Frontier for allegedly providing slower internet speeds than promised to 1.3M DSL customers across 25 states  —  Frontier Communications is accused of misrepresenting internet speeds it advertised and charged for, according to a lawsuit filed Wednesday …
Mike Butcher / TechCrunch:
Uncapped, which offers upfront financing to digital companies for a flat fee, raises $80M combined debt and equity round led by Lakestar  —  Buzzy US startup Pipe — which claims to be the “Nasdaq for revenue” — has just raised $250 million at a $2 billion valuation?  The secret for the hype?
Tom Warren / The Verge:
Microsoft says it is finally retiring Internet Explorer on June 15, 2022, after more than 25 years, in favor of Edge  —  Internet Explorer will no longer be supported in June 2022  —  Microsoft is finally retiring Internet Explorer next year, after more than 25 years.
David Cohen / Adweek:
Facebook launches a new Transparency Center, a site for info on its policies to tackle hate speech, says it now removes 97% of hate speech before it's reported  —  Facebook introduced its new Transparency Center Wednesday, billing it as a single destination for information on its integrity and transparency efforts.
Kyle Wiggers / VentureBeat:
Immuta, which provides a cloud-native data governance software, raises $90M Series D, bringing its total raised to $169M  —  Elevate your enterprise data technology and strategy at Transform 2021.  —  Immuta, which provides a cloud-native data governance platform for organizations …
Mary Ann Azevedo / TechCrunch:
Privacy.com, which offers APIs to issue virtual credit cards, rebrands as Lithic and raises $43M Series B led by Bessemer Venture Partners  —  When Privacy.com was founded in 2014, the company's focus was to let anyone generate virtual and disposable payment card numbers for free.
Ingrid Lunden / TechCrunch:
Dooly, which builds AI-based tools to automate sales workflows, raises $80M Series B led by Spark Capital, sources say at a $300M+ valuation  —  Salespeople have more tools than ever these days to help them with their work, whether they are tools to source new leads, keep those leads interested …
Joan E. Solsman / CNET:
WarnerMedia says HBO Max's cheaper, ad-supported tier will cost $10 per month and launch in the first week of June  —  HBO Max's cheaper, ad-supported tier will cost $10 a month and launch in the first week of June, WarnerMedia said Wednesday.  It'll come the week after — possibly just days after …
Keach Hagey / Wall Street Journal:
Right-wing video platform Rumble says it has raised an undisclosed amount from Peter Thiel, J.D. Vance, and others; sources say Rumble is valued at ~$500M  —  Backing from conservative venture capitalists comes amid push for alternative social-media channels with looser rules on speech

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More News

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Earlier Picks

James Vincent / The Verge:
Juli Clover / MacRumors:
Abner Li / 9to5Google:
Casey Newton / Platformer:
Dieter Bohn / The Verge: