Techmeme
June 8, 2021, 4:15 PM

Top News

TechCrunch:
Many large websites went down Tuesday, including Amazon, Twitch, BBC, NYT, Spotify, Reddit, and FT, due to an issue at the Fastly CDN, which has now been fixed  —  Countless popular websites including Reddit, Spotify, Twitch, Stack Overflow, GitHub, gov.uk, Hulu, HBO Max, Quora, PayPal …
Ryan Browne / CNBC:
Bitcoin slid 7%+ to $32,936 after US seized most of the Colonial Pipeline ransom and is down ~50% from its all-time high of ~$63K; ether and XRP also fell 7%  —  - Bitcoin accelerated its slide to fall below the $32,000 level late Tuesday morning, according to Coin Metrics data.
Catalin Cimpanu / The Record:
In a huge sting operation, FBI and Australian Federal Police ran an encrypted chat service AN0M for 3+ years to intercept messages between criminals globally  —  The FBI and Australian Federal Police ran an encrypted chat platform and intercepted secret messages between criminal gang members …
Adam Mosseri / Instagram:
In the first of a series of blog posts, Instagram explains how it ranks Feed, Stories, Explore, and Reels, and addresses “shadowbanning” accusations  —  It's hard to trust what you don't understand.  We want to do a better job of explaining how Instagram works.
Kevin Roose / New York Times:
As Uber and Lyft aim to become profitable this year, it seems like a golden era of VC-subsidized services, from Uber to Bird and MoviePass, is coming to an end  —  The price for Ubers, scooters and Airbnb rentals is going up as tech companies aim for profitability.
ProPublica:
Leaked IRS data shows how billionaires manage to pay little in income tax; in 2007 and 2011, Jeff Bezos paid zero income tax, and Elon Musk did the same in 2018  —  The Secret IRS Files  —  In 2007, Jeff Bezos, then a multibillionaire and now the world's richest man, did not pay a penny in federal income taxes.
Benjamin Mayo / 9to5Mac:
Starting with iOS 15, iPhones can be traced via the Find My network even while powered off or after factory reset  —  With iOS 15, your iPhone is still traceable through the Find My network even when the device is powered off.  It seems that with iOS 15, the phone is not really fully ‘powered off’ …
Zac Hall / 9to5Mac:
Wayne Ma / The Information:
Investigation found 100+ online ads for production line jobs at 30+ companies in Apple's supply chain that contained discriminatory language  —  Some of the companies in China that supply Apple with parts for its devices are willing to use workers from the predominantly Muslim group known as Uyghurs …
Reuters:
Apple: iCloud Private Relay will not work in China, Belarus, Colombia, Egypt, Kazakhstan, Saudi Arabia, South Africa, Turkmenistan, Uganda, and the Philippines  —  Apple Inc (AAPL.O) on Monday said a new “private relay” feature designed to obscure a user's web browsing behavior …
Sam Byford / The Verge:
Adobe launches M1 Mac-native versions of more Creative Cloud apps including Lightroom Classic and Illustrator, claims 80%+ faster performance than Intel Macs  —  Performance should be about twice as fast as an equivalent Intel Mac  —  Adobe is now shipping new versions of more Creative Cloud apps …
Aoife White / Bloomberg:
Google will show more mobile search apps to choose from on new Android phones in Europe and make participation free for search providers  —  - Company will show more mobile search apps and get rid of a fee  — Google has faced criticism over compliance with an EU order
Oliver Haslam / iMore:
Apple introduces Object Capture, an API on macOS Monterey that enables developers to turn 2D images of real-world objects into 3D models optimized for AR  —  Apple announced a ton of new software updates today and they all need new tools to allow developers to do what they need to if they want to make great apps.
Thomas Grove / Wall Street Journal:
Russia has been pressuring social media platforms like YouTube and Twitter to remove anti-government content and police its critics, and it seems to be working  —  Kremlin uses Twitter and other platforms to advance its goals overseas, but is now trying to prevent its opponents from using the same tools
Reuters:
Sources: Apple is in early-stage talks with China's CATL and BYD, two of the world's biggest automotive battery makers, to supply batteries for its planned EV  —  Apple Inc (AAPL.O) is in early-stage talks with China's CATL (300750.SZ) and BYD (002594.SZ), about the supply of batteries …
Tim Peterson / Digiday:
PwC survey: of time spent watching streaming video in 2020, people in the US spent 62% of their time on subscription-based and 32% on ad-supported services  —  Ad-supported streaming services have some catching up to do.  Subscription-based streaming services, which are largely ad-free …

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