June 2, 2021, 10:05 AM

Top News

Elizabeth Paton / New York Times:
Etsy says it is buying the London-based fashion resale app Depop, popular with Gen Z, for $1.6B in an all-cash deal  —  The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic.  —  Depop, the fashion resale marketplace beloved …
Stephen Nellis / Reuters:
A CA court dismissed bribery charges against Apple's security chief Thomas Moyer, saying accusation of iPad donations for gun permits was “pure speculation”  —  A court in California on Tuesday dismissed bribery charges against Apple Inc's (AAPL.O) security chief …
JBS, the world's top meatpacker, is hit by a ransomware attack, leading it to pause its Australian operations, livestock slaughter in many US states, and more  —  - The attack caused JBS's Australian operations to shut down on Monday.  The company, the world's largest meatpacker, said it was working to resolve the incident.
Nikhilesh De / CoinDesk:
Coinbase says Coinbase Pro users will be able to trade dogecoin starting Thursday “if liquidity conditions are met”  —  The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.
Annie Palmer / CNBC:
Amazon announces this year's Prime Day will take place on June 21 and 22, returning to its typical summertime slot  —  - Amazon's annual Prime Day event will take place June 21 and 22, the company announced Wednesday.  — Prime Day is returning to its normal summertime slot after Amazon postponed …
Jon Porter / The Verge:
Huawei announces first smartwatches running HarmonyOS: the Huawei Watch 3 and Huawei Watch 3 Pro for £349.99 and £499.99 in the UK, available June 18 and 28  —  With eSIM compatibility and support for video calls over MeeTime  —  Huawei has announced its first smartwatches running …
Tom Warren / The Verge:
Thomas Brewster / Forbes:
Researcher finds that Alibaba-owned UC Browser app on iOS and Android sends information on every website a user visits to UCWeb servers, even in incognito mode  —  If you went to download Alibaba-owned app UC Browser this month, whether from Google's Android Play store or Apple's iOS App Store …
Charles Duhigg / New Yorker:
A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge  —  Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups.  It may be hype—but hype can be its own economic engine.
Selena Deckelmann / The Mozilla Blog:
Mozilla updates Firefox desktop and mobile apps with a revamped design, details the data-driven process used to guide the creation of the new streamlined look  —  We set out in 2021 to reimagine Firefox's design to be fast, modern and inviting the first time you run it and every day after.
Ingrid Lunden / TechCrunch:
Munich-based on-demand mass transportation service FlixMobility raises $650M Series G, as a mix of equity and debt, at a $3B valuation  —  As consumers around the world slowly start to get moving again — and fingers crossed that new waves of Covid-19 cases do not set that back …
More: Tech.euThanks:@ingridlunden
A draft EU proposal, set to be unveiled Thursday, details a plan for European Digital Identity Wallets, letting citizens access services across the bloc  —  - European Digital Identity proposal to be unveiled on Thursday  — Digital wallet will offer access to services across the bloc
The Hill:
A Pentagon audit from May cleared the use of two DJI drones built for government use, after the Interior Dept. grounded its fleet of China-made drones in Jan.  —  Two drone models made by China's largest manufacturer have been cleared for use by a Pentagon audit, according to a report summary obtained by The Hill.
Natasha Mascarenhas / TechCrunch:
Guild Education, a learning marketplace that pairs employees with employer-sponsored programs, raises $150M Series E at a $3.75B valuation  —  Guild Education, which pairs employees with employer-sponsored learning opportunities, has raised $150 million in a Series E round.
More: Bloomberg and Forbes
Rest of World:
How Twitter, which partnered with India's BJP on an e-governance tool, ended up in BJP's crosshairs as the party went on the defensive against online criticism  —  Last week's police raids on Twitter's offices in Delhi mark a low point for the platform.  —  • BANGALORE, INDIA

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