Techmeme
June 2, 2021, 10:50 PM

Top News

Ben Dummett / Wall Street Journal:
Stack Overflow, which has 100M+ monthly visitors, says it will be acquired by Prosus, a European tech giant and Tencent's largest shareholder, for $1.8B  —  Deal is Prosus' biggest investment in online learning and comes weeks after it sold a chunk from its massive Tencent holding
Tom Warren / The Verge:
Microsoft will detail its “next generation of Windows” at an event on June 24, with significant changes, including visual enhancements, expected  —  A special Windows event is coming later this month  —  Microsoft is planning to detail its “next generation of Windows” at an event later this month.
Ingrid Lunden / TechCrunch:
Facebook says it will open the Messenger API for Instagram to all businesses, after announcing a closed beta in October 2020  —  F8 Refresh, Facebook's annual developer conference with a new twist — it's more pared down than in years past, and virtual — is going to be kicking off later today …
Sarah Perez / TechCrunch:
Zoe Schiffer / The Verge:
In an email, Tim Cook asks Apple employees to return to physical offices for at least three days a week starting in early September  —  Employees can work remotely for up to two weeks a year  —  Apple employees are being asked to return to the office three days a week starting in early September.
Kevin Breuninger / CNBC:
A spokesperson for Donald Trump says his blog, used to share statements after he was banned on Facebook and Twitter, has been permanently shut down  —  - Former President Donald Trump's blog has been permanently shut down.  — The page, “From the Desk of Donald J. Trump,” …
Arjun Kharpal / CNBC:
Huawei details HarmonyOS, designed to run across multiple devices, coming to Mate 40 and foldable Mate X2 smartphones, Watch Series 3, and MatePad Pro tablet  —  - Huawei has launched HarmonyOS on its flagship Mate 40 and foldable Mate X2 smartphones, the Watch Series 3 smartwatch and MatePad Pro tablet.
Juli Clover / MacRumors:
An Apple-commissioned study says the App Store ecosystem facilitated ~$643B in billings and sales globally in 2020, up 24% YoY  —  The App Store ecosystem facilitated an estimated $643 billion in billings and sales in 2020, an increase of 24 percent year-over-year, according …
Ashley Carman / The Verge:
Spotify announces Only You, which gives users personalized playlists and insights based on habits, and Blend, letting two friends merge tastes in a playlist  —  Spotify loves when people share its annual Wrapped music breakdown on social media, so it's making that more of a year-round treat.
Yaron Steinbuch / New York Post:
In an email to Jewish employees, Google diversity strategy lead Kamau Bobb apologizes for a 2007 post in which he said Jews have “insatiable appetite for war”  —  Google's head of diversity strategy is under fire over a 2007 blog post in which he wrote that Jews have …
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 …
Zack Whittaker / TechCrunch:
FireEye says it is selling its products business to PE firm Symphony Technology Group for $1.2B in cash; deal splits FireEye from digital forensics arm Mandiant  —  Cybersecurity giant FireEye has agreed to sell its products business to a consortium led by private equity firm Symphony Technology Group for $1.2 billion.
Michael McSweeney / The Block:
Google says it will allow ads for cryptocurrency exchanges and wallets in the US that meet certain requirements and are certified by Google starting August 3  —  Google is expanding the scope of its crypto-related advertisement policy, the latest development in a years-long back and forth from the tech giant.
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 …
Mark Gurman / Bloomberg:
Source: Apple has lost at least three top managers of its self-driving car team in recent months  —  - Company sees at least three departures from top of car group  — Apple has begun early work on an autonomous electric vehicle  —  Apple Inc. has lost multiple top managers …
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.
Wall Street Journal:
Documents: SEC told Tesla last year that Elon Musk twice violated a court-ordered policy requiring his tweets be vetted by lawyers in 2019 and 2020  —  SEC said Musk flouted court-ordered policy in 2019 and 2020, records show  —  WASHINGTON—Securities regulators told Tesla Inc. last year …
Paul Sawers / VentureBeat:
Lansweeper, whose tools help IT staff identify and manage all the hardware, software, and users across corporate networks, raises $158M from Insight Partners  —  Elevate your enterprise data technology and strategy at Transform 2021.  —  IT asset management platform Lansweeper has raised €130 million …
Nikkei Asia:
Analysis: Apple had more suppliers in China than any other country including Taiwan in 2020; number of Apple suppliers in US also slid despite Trump's trade war  —  Number of US companies in supply chain also slides despite Trump's trade war  —  TAIPEI — China now boasts more Apple suppliers …
Casey Newton / Platformer:
Censorship is becoming a crisis for social networks, as governments crack down on dissent and corporate content moderation stifles more speech than intended  —  It's not just conservatives complaining any more.  The crackdowns are real, and getting worse  —  1 hr ago

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