Techmeme
May 27, 2021, 11:00 AM

Top News

Bloomberg:
Sources: Nintendo plans to announce an upgraded Switch ahead of the June E3 conference and release it in September or October, for more than the original's $299  —  - Announcement of new Switch could be made ahead of June's E3  — Suppliers say Nintendo likely to price new model above $299
Jay Peters / The Verge:
Twitter says users can now join Spaces via desktop and mobile web browsers, but can't host rooms on the web just yet  —  You can't host rooms yourself on the web just yet, though  —  You'll be able to join Twitter's Clubhouse-like Spaces from desktop and mobile web browsers starting Wednesday …
Casey Newton / Platformer:
Instagram's test to hide Like counts highlights a lesson that social networks are reluctant to learn: one-size-fits-all policies are making users miserable  —  PLUS: WhatsApp sues India  —  In April 2019, amid growing questions about the effects of social networks on mental health …
Sarah Perez / TechCrunch:
Cristiano Lima / Politico:
Facebook says it will no longer take down posts that claim COVID-19 was man-made, following renewed debate about the origins of the virus  —  Facebook will no longer take down posts claiming that Covid-19 was man-made or manufactured, a company spokesperson told POLITICO on Wednesday …
Jeff John Roberts / Decrypt:
PayPal to add third-party wallet transfer support, allowing users to send bitcoin to PayPal and Venmo users as well as to Coinbase and outside crypto wallets  —  PayPal created a stir in the crypto markets last year when it announced its millions of users could buy and sell Bitcoin.
Dan Goodin / Ars Technica:
Researcher details a WebKit flaw, which can lead to a RCE exploit, that remains unpatched by Apple despite the availability of an open source fix for 3 weeks  —  WebKit bug that was fixed upstream has yet to find its way into Apple products.  —  Apple has yet to patch a security bug found …
Dean Takahashi / VentureBeat:
Nvidia beats with record Q1 revenue of $5.66B, up 84% YoY, with Gaming revenue of $2.76B, up 106% YoY, and Data Center revenue of $2.05B, up 79% YoY  —  Nvidia reported revenues of $5.66 billion for its first fiscal quarter ended May 2, up 84% from a year earlier.  Gaming revenue grew 106% to $2.76 billion.
Jordan Novet / CNBC:
Sujeong Lim / Counterpoint Research:
Global smartwatch shipments rose 35% YoY in Q1 2021; market leader Apple grew 50% YoY to increase its market share by 3% points while Samsung grew 27% YoY  —  - Apple registers a healthy 50% annual growth, capturing a third of the smartwatch market in terms of volumes.
Karan Deep Singh / New York Times:
Twitter criticizes the Indian government's “intimidation tactics” and says it will push for changes to regulations that give it more authority over online media  —  The social media platform criticized what it called “intimidation tactics,” saying it would push back on new rules …
Jamie Crawley / CoinDesk:
Talos, which lets financial institutions provide digital asset trading services, raises $40M Series A led by a16z, with PayPal Ventures and others participating  —  Talos' services include liquidity access, direct market access, price discovery, automated execution, reporting, clearing and settlement.
More: Finextra
Brian Armstrong / The Coinbase Blog:
Coinbase CEO Brian Armstrong announces Fact Check, a section of the Coinbase blog to combat misinformation and mischaracterizations about Coinbase or crypto  —  Every tech company should go direct to their audience, and become a media company.  —  As Coinbase and the cryptoeconomy grow …
Elizabeth Dwoskin / Washington Post:
Facebook says Russia is still the largest producer of disinformation, in a report that details 150 operations that the company has disrupted since 2017  —  Report explores how issue has evolved in recent years  —  A Facebook report released Wednesday says that Russia is still the largest producer …
Kurt Wagner / Bloomberg:

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Earlier Picks

Hartley Charlton / MacRumors:
Patrick Sykes / Bloomberg:
Jay Peters / The Verge:
Martin Tisne / MIT Technology Review:
Sarah Perez / TechCrunch:
Annie Palmer / CNBC: