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May 20, 2021, 3:50 PM
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Top News

Thomas Franck / CNBC:
US Treasury announces it will require any cryptocurrency transfers worth $10,000+ to be reported to the IRS, saying cryptocurrencies pose a tax evasion risk  —  - The Treasury Department announced that it will require any transfer worth $10,000 or more to be reported to the IRS.
The Verge:
Twitter is rolling out its new verification program, with revamped categories that include activists and journalists, and previews upcoming changes to profiles  —  It also previewed potential changes coming to profiles  —  Twitter is relaunching its public verification program, allowing anyone to apply for a coveted blue check mark.
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.
Alex Heath / The Verge:
Snap unveils its first AR glasses, with four built-in microphones, two stereo speakers, and a touchpad, and says it will test them with some AR effects creators  —  The fourth-gen glasses have built-in AR displays  —  Snap's new Spectacles glasses are its most ambitious yet.
Echo Wang / Reuters:
ByteDance co-founder Zhang Yiming says he's stepping down as CEO to “daydream about what may be possible”; co-founder and HR head Liang Rubo will become new CEO  —  (Reuters) -Zhang Yiming, co-founder of TikTok owner ByteDance, told employees of the Chinese technology giant …
Jacob Krol / CNN:
Apple TV 4K (2021) review: faster than competition and the new Siri Remote is very good with an easy to use click wheel and power button, but is very expensive  —  Like the refresh of the iPad Pros, the updates to the Apple TV 4K are all internal, namely new hardware that leads to an overall speedier experience.
Ingrid Lunden / TechCrunch:
Berlin-based Trade Republic, a zero-commission “neo-broker” app, raises $900M Series C led by Sequoia at a $5.3B valuation  —  Consumers are moving into investing to complement — or in some cases, offset — less good returns from things like traditional savings accounts …
Sarah Perez / TechCrunch:
Spotify partners with Audible rival Storytel, allowing the latter's subscribers to listen to books on Spotify; Storytel has 500K titles and 1.6M subscribers  —  Spotify is further expanding into audiobooks — but not in the way you may think.  The company today announced a new partnership …
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.
Maggie Fitzgerald / CNBC:
Robinhood announces IPO Access, which will let retail investors buy shares of companies at their IPO price before trading begins on public exchanges  —  - Robinhood said it is giving retail investors access to IPO shares.  — Retail traders typically don't have a vehicle to buy …
More: Under the Hood.  Thanks:@hipsterpit
Juli Clover / MacRumors:
Apple announces accessibility features, including background sounds to help maintain focus and calm, AssistiveTouch for Apple Watch, and iPad eye-tracking  —  Apple today announced the upcoming launch of several new accessibility features that are being added to its various products and services.
Paul Sawers / VentureBeat:
Pitch, which develops collaborative presentation software, raises $85M Series B led by Lakestar and Tiger Global  —  Elevate your enterprise data technology and strategy at Transform 2021.  —  Collaborative presentation platform Pitch today announced it has raised $85 million in a series B round …
Natasha Mascarenhas / TechCrunch:
Maven, which helps professionals teach cohort-based classes, has raised $20M Series A led by Andreessen Horowitz  —  Maven, a startup that helps professionals teach cohort-based classes, has raised $20 million in a Series A round led by Andreessen Horowitz.
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 …
Sara Morrison / Vox:
A host on “safety alerts” app Citizen falsely accused a man of arson in CA in a broadcast sent to ~860K users, offering $30K for info; Citizen admits mistake  —  The public safety app's new feature accidentally harked back to its Vigilante roots.

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This is a Techmeme archive page. It shows how the site appeared at 3:50 PM ET, May 20, 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.

From Mediagazer

Brian Stelter / CNN:
CNN, MS NOW, and Politico amend their lawsuit against the White House, alleging it has kept all three off press pool duty since Sept. 18 despite an injunction

Brian Steinberg / Variety:
Versant, owner of MS NOW and CNBC, is launching four new FAST channels, including Snapped, Botched, and CNBC Ambition, bringing its portfolio to 13 outlets

Emma Roth / The Verge:
Meta says it may delay its new commercial terms past Nov. 20 after publishers and politicians voiced concerns the terms could let it train AI on their content

More News

Earlier Picks

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
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
Abner Li / 9to5Google:
Google is testing a “Follow” button in Chrome for sites that support RSS, with content appearing in the New Tab page, initially with Chrome Canary users
Dieter Bohn / The Verge:
Google details Android 12's new design, based on the flexible Material You system, with better widgets and buttons, more animation, privacy features, and more
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