Techmeme
June 2, 2021, 7:10 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 …
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,” …
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 …
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.
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 …
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 …
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 …
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.
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 …
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 …
Michael Potuck / 9to5Mac:
Apple's system status webpage indicates Apple Card outage has been resolved after roughly six hours of downtime; Apple says the outage impacted all users  —  Apple Card is seeing downtime this morning and Apple says the outage is impacting all users.  —  Update 12:19 pm PT …
Eduardo Porter / New York Times:
Critics worry Biden's rural-first broadband strategy could leave urban America behind; 13.6M urban households don't have broadband vs. 4.6M rural households  —  Many more people in cities lack broadband access than in rural areas, but lawmakers are primarily focused on extending high-speed access to remote areas.
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.
More: MacRumors
Danny Crichton / TechCrunch:
Pinwheel, which provides an API to help clients like neobanks connect to payroll systems, raises $20M Series A led by Coatue  —  One of the most strategically important financial relationships for neobanks is becoming the account destination for a user's paycheck.
More: Finextra and FinLedger
Katie Roof / Bloomberg:
Shippo, a shipping software and services startup, raises $50M led by Bessemer at a $1B valuation  —  - Startup roughly doubled valuation from earlier this year  — $50 million comes from existing investors led by Bessemer  —  Shipping startup Shippo is now valued at $1 billion amid a boom in e-commerce.
More: PYMNTS.com
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 …
Christine Hall / Crunchbase News:
Local food marketplace Shef raises $20M Series A led by a16z, after $8.8M seed in Aug. 2020, amid a push for legislation around home cooking in dozens of states  —  First-generation Americans Alvin Salehi and Joey Grassia tapped into their home-cooked meal backgrounds to create Shef.
More: TechCrunchThanks:@erinmfirst
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.

Sponsor Posts

Google Workspace:
See how it's done with Google Workspace  —  Whether you're a team of 10 or 10,000, Google Workspace has all the tools you need to connect, create and collaborate.
Oura:
7 Tips for a Good Night's Sleep  —  Want to improve your sleep and build healthy habits that can last a lifetime?  Put these 7 tips to the test.
Zoho:
Olympic schedule right inside your Zoho Calendar!  —  If you are a sports enthusiast, it probably feels like New Year's Eve to you.  The world's biggest sporting event, the Olympics, is underway in Tokyo.
Techmeme Leaderboards:
Find out who the top reporters are in 43 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.
Modern Finance Podcast:
MoFi Consensus - NFT talk with Kevin Rose and Priyanka Desai
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Fri. 07/30 - For Amazon, Are Ads > AWS?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:10 PM ET, June 2, 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.

More News

Earlier Picks

Stephen Nellis / Reuters: