| Associated Press: |
Fastly, which was hit by a major outage on Tuesday, says the problem was caused by a bug that was triggered by a customer configuring their service — LONDON (AP) — Fastly, the company hit by a major outage that caused many of the world's top websites to go offline briefly this week … | Makena Kelly / The Verge: |
Biden signs an EO revoking the Trump-era bans on TikTok and WeChat and says his commerce secretary will investigate any risks to national security and privacy — But the apps still aren't out of hot water — President Joe Biden signed an executive order Wednesday revoking the Trump-era bans on TikTok and WeChat.| Christina Wilkie / CNBC: |
| Arjun Kharpal / CNBC: |
El Salvador becomes the first country to adopt bitcoin as legal tender after lawmakers voted by a “supermajority” in favor of its new Bitcoin Law — - El Salvador's has become the first country to adopt bitcoin as legal tender. — Lawmakers in the South American country's Congress voted … | Alex Heath / The Verge: |
Sources: Facebook is planning to launch its first smartwatch, featuring a detachable display with two cameras and a heart rate monitor, next summer — A detachable display with cameras for capturing video without your phone — Facebook is taking a novel approach to its first smartwatch … | Jessica Bursztynsky / CNBC: |
Instagram's Adam Mosseri says Facebook plans to help creators avoid Apple's 30% cut by “facilitating transactions that happen in other places” — - Facebook is setting its sight on the creator economy, hoping to allow millions of people to make a living off its family of apps.| Adam Mosseri / Instagram: |
| Joe Rossignol / MacRumors: |
Several macOS Monterey features will not come to Intel Macs, like Live Text within photos, FaceTime's Portrait mode, and unlimited, on-device keyboard dictation — While there are many great new features in macOS Monterey, several of them are not available on Intel-based Macs, according to Apple.| Tom Simonite / Wired: |
An inside look at how Google's Ethical AI team fell apart following the contentious departure of Timnit Gebru and then Margaret Mitchell — She was a star engineer who warned that messy AI can spread racism. Google brought her in. Then it forced her out. Can Big Tech take criticism from within?| Casey Newton / Platformer: |
Ad-supported and subscription-only newsletters both have ways to understand audiences without the tracking pixels blocked by Apple's Mail Privacy Protection — How Mail Protection Privacy will force the email economy to adapt — Today, let's talk about one of Apple's many announcements … | Joshua Benton / Nieman Lab: |
| Megan Graham / CNBC: |
Facebook says global ads chief Carolyn Everson is leaving after more than a decade; Everson was a liaison to big marketers during major controversies — - Facebook global ads chief Carolyn Everson is departing the company. — Facebook is an advertising giant that is expected to command nearly … | Yogita Khatri / The Block: |
Solana Labs, which wants to develop a blockchain that is faster and cheaper than Ethereum, raises $314.15M in a private token sale led by a16z and Polychain — Quick Take — Solana Labs has raised $314.15 million in a private token sale round. — The round was led by Andreessen Horowitz (a16z) and Polychain Capital.| Taylor Lorenz / New York Times: |
Many young TikTok stars describe burning out as they struggle with mental health and the algorithm's volatility, years after waves of burnout on other platforms — Many people who have found fame on TikTok are struggling with mental health issues. — Lately, it's been hard for Jack Innanen … | Stephen Shankland / CNET: |
Google is building a subsea cable called Firmina, after a Brazilian abolitionist, to handle data surge between US, Brazil, and Argentina, due to launch by 2023 — Google is building a new subsea cable to get your megabits from Boston to Buenos Aires and back.| Ashley Carman / The Verge: |
In an email to podcasters, Apple says Podcasts Subscriptions will launch globally on June 15, after postponing a planned launch in May — After a month-long delay — After some major hiccups and a delay, Apple Podcasts says it's launching in-app subscriptions next week.| Sarah McBride / Bloomberg: |
Sources: Sequoia Capital is considering changing how it distributes investment returns in a bid to avoid tax increases proposed by Biden's administration — Sequoia Capital, one of the most prominent Silicon Valley venture capital firms, is mulling a set of sweeping changes … | Salvador Rodriguez / CNBC: |
Mark Zuckerberg says all employees can request to work remotely full-time if their job allows, office-based staff will need to be in 50%+ of the time, and more — - Facebook CEO Mark Zuckerberg announce that the company will allow all full-time employees to work from home if their jobs can be done remotely.| Washington Post: |
Sources: under pressure from an Amazon-led group, Senate's China-focused bill left out consumer protections to make marketplaces authenticate 3rd-party sellers — Senators excluded a measure intended to protect consumers from counterfeit and dangerous items sold online after aggressive Amazon lobbying.| Natasha Lomas / TechCrunch: |
End-to-end encrypted email service ProtonMail launches a design refresh, offering a clearer look and customizable UI, after passing 50M global users in May — End-to-end encrypted email service ProtonMail has refreshed its design, updating with a cleaner look and a more customizable user interface … | Trend Micro: |
How modern ransomware attacks work and a breakdown of their double extortion tactics, using the Nefilim ransomware as a case study — Modern ransomware actors identify and target valuable data, often exfiltrating it from a victim's network organization rather than simply encrypting it.| Yaacov Benmeleh / Bloomberg: |
Start-Up Nation: Israeli startups have raised $10.5B so far this year, already surpassing 2020's record, with 30 rounds raising $100M+, up from 21 last year — Israeli startups have raised $10.5 billion so far this year, surpassing the record set in 2020, as investors continue to pour cash … | Katie Roof / Bloomberg: |
Data analytics startup Amplitude raises $150M led by Sequoia Capital at a $4B valuation, up from $1B last year — - Company expects to go public, possibly via direct listing — $150 million in new financing led by Sequoia Capital — Data analytics startup Amplitude reached a valuation of $4 billion in a new funding round.| Ingrid Lunden / TechCrunch: |
Sinch acquires MessageMedia, which provides SMS and other messaging services for businesses, for $1.3B, to compete with Twilio in business SMS services — Sinch — the Swedish company that provides a suite of services for companies to build communications and specifically “customer engagement” … | Nikki Sun / Nikkei Asia: |
A vicious cycle of surveillance and overwork is leading to extreme mental stress and fatigue, pushing China's tech workers to the limit and causing backlash — A vicious cycle of monitoring and overwork is fueling productivity — and backlash — HONG KONG — Andy Wang … | Spencer Soper / Bloomberg: |
Research: cost per click for Amazon search ads was $1.16 in May, up from $0.75 YoY; eMarketer says Amazon's ad revenue in the US will cross $20B this year — - Rates in May rose 50% from a year earlier, signaling profits — Merchants look to raise prices to cover cost of visibility| Frederic Lardinois / TechCrunch: |
Privacy-focused Vivaldi 4.0 browser launches with built-in email and calendar clients, RSS reader, and a translator service hosted on the company's own servers — Vivaldi has always been one of the more interesting of the Chromium-based browsers, in no small part thanks to its emphasis …
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| Isabel Woodford / Sifted: |
| Jackie Borchardt / The Columbus Dispatch: |
| Aoife White / Bloomberg: |
| Catalin Cimpanu / The Record: |