Techmeme
May 24, 2021, 5:10 PM

Top News

David McCabe / New York Times:
A new Florida law regulates how Facebook, Twitter, and others moderate speech, with fines for banning candidates; the law exempts companies that own theme parks  —  The new law, a direct response to Facebook and Twitter's suspension of former President Donald J. Trump, affects candidates for statewide offices.
Tom Warren / The Verge:
Microsoft updates Xbox Cloud Gaming app for Android to include dual-screen support for the Surface Duo, and says 50+ games have added support for touch controls  —  The new xCloud app is like a Nintendo 3DS with Xbox games  —  Microsoft teased the potential for an Xbox handheld-like experience …
Times of India:
Two Twitter offices in India were raided by Delhi police, after demanding Twitter explain why a “manipulated media” tag was given to a BJP spokesperson's tweet  —  - Tribunals are in pathetic condition, make appointments in without specifying tenure: SC to Centre
Chance Miller / 9to5Mac:
Apple releases iOS 14.6 with Apple Card Family support, Podcasts Subscriptions, and more  —  Apple today is officially rolling out iOS 14.6 to the public.  This update includes Apple Card Family support, Apple Podcasts Subscriptions, AirTag improvements, and more.
Gillian Tan / Bloomberg:
Chia, a storage-based cryptocurrency founded by Bram Cohen, raises $61M with a16z among investors, more than doubling valuation to ~$500M, according to a source  —  Chia Network Inc., a blockchain and digital currency platform founded by BitTorrent creator Bram Cohen, has more than doubled …
Thomas Brewster / Forbes:
Big Sur 11.4 fixes a bug that let malware capture screenshots and camera footage using other apps' permissions; researchers found ~400 instances of the malware  —  It's time to update your Apple Mac again, as malware that secretly takes screenshots has been spotted exploiting a serious weakness in macOS security.
Nick Statt / Protocol:
As Apple and Epic make their closing arguments, a look back at the judge's pointed questioning of Cook on Friday that touched on App Store's lack of competition  —  Judge Yvonne Gonzalez Rogers, who is presiding over the Epic v. Apple antitrust trial, saved her best for last.
Manish Singh / TechCrunch:
Indian startup Zeta, which helps banks launch fintech products, raises $250M Series C led by SoftBank Vision Fund 2 at a valuation of $1.45B  —  Zeta, a startup that helps banks and fintech firms launch products, is the newest to attain the coveted unicorn status after closing a new financing round.
Hartley Charlton / MacRumors:
Some 12.9" iPad Pro owners note an undesirable blooming effect on its miniLED screen, most apparent when bright objects are portrayed on a dark background  —  Some users are noticing more blooming on the 12.9-inch iPad Pro's Liquid Retina XDR mini-LED display than expected, despite Apple's claims that the effect is minimized.
Heather Somerville / Wall Street Journal:
Study: among 44 tech startups that completed a SPAC deal from the start of 2020 through April 2021, their share prices had fallen 12.6% on average by May 17  —  Entrepreneurs are increasingly wary about the money-raising tool after watching peers' stocks slide and investors balk

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Ken Norton / Bring the Donuts Newsletter:
Olivia Solon / NBC News: