Techmeme
June 10, 2021, 2:20 PM

Top News

Nick Statt / Protocol:
Microsoft says it will soon launch a dedicated device for game streaming and is working with TV manufacturers to expand Xbox Game Pass subscription to smart TVs  —  Microsoft on Thursday announced plans to expand its Xbox Game Pass subscription service to many more screens …
Joseph Cox / VICE:
EA confirms that it has suffered a data breach, after hackers claim they have 780GB of data, including source code for FIFA 21 and the Frostbite engine  —  The data includes source code for FIFA 21 and the Frostbite engine.  —  Joseph Cox  —  Hackers have broken into gaming giant Electronic Arts …
Steve Dent / Engadget:
NMPA files a $200M lawsuit against Roblox for alleged music copyright infringement, and launches a “major ramp-up” of its takedown campaign against Twitch  —  The National Music Publishers' Association (NMPA) has filed a $200 million lawsuit against Roblox for allowing the illegal use …
Jacob Bunge / Wall Street Journal:
JBS says it paid an $11M ransom in bitcoin to resolve an attack last week; the payment was made after most plants were operational to avoid further disruption  —  Meat supplier's U.S. chief says firm paid cybercriminals in bitcoin to avoid more disruptions  —  JBS USA Holdings Inc. paid …
Sami Fathi / MacRumors:
Dark Sky, acquired by Apple last year, says it will shut down its API and iOS and web apps at the end of 2022, after Apple announced an updated Weather app  —  Last year, Apple acquired the weather app Dark Sky, and shortly after its purchase, Apple shut down the app for Android.
New York Times:
Google plans to change its search algorithm to prevent sites that extort people to remove slanderous content from appearing in search results for people's names  —  In response to Times articles, the search giant is changing its algorithm, part of a major shift in how Google polices harmful content.
Sam Byford / The Verge:
Samsung unveils a 50-megapixel sensor with pixels just 0.64μm in size, the smallest in the industry, that it says can be used in ultrawide or telephoto modules  —  The ISOCELL JN1 has 50 million 0.64μm pixels, the smallest size in the industry  —  Samsung has announced a new image sensor …
Leah Nylen / Politico:
Sources: House Democrats will introduce five bills to limit anticompetitive practices of Amazon, Apple, Google, Facebook, and others as soon as this week  —  House Democrats are set to introduce a package of five bills as soon as this week that would prohibit tech giants like Apple, Amazon …
Jack Morse / Mashable:
Twitter says it will add a newsletter subscribe button to user profiles in the coming weeks, available to those with a Revue account; Twitter will take a 5% cut  —  Newsletters are coming to a Twitter profile near you.  Or, at least the chance to sign up for them is.
Alex Konrad / Forbes:
Homebrew's Satya Patel and Hunter Walk team up with 8 VCs to launch Screendoor, a $50M fund to back up to 15 underrepresented investors raising their first fund  —  Covering venture capital, software and startups  —  Would-be venture capitalists looking to raise a fund for the first time often face …
Andrew Asmakov / Decrypt:
Ledger, best known for its Nano series of cryptocurrency hardware wallets, raises $380M Series C at a valuation of $1.5B  —  French crypto hardware wallet manufacturer Ledger has raised $380 million in a Series C fundraising round led by Dan Tapiero's 10T Holdings.
Andrew B. Kahng / Nature:
Google researchers detail an AI system that outperforms humans in designing floorplans for microchips, promising better and more rapidly produced chip designs  —  Andrew B. Kahng is in the Department of Computer Science and Engineering, and in the Department of Electrical and Computer Engineering …
Jane Lee / Reuters:
Online wholesale marketplace Faire, aimed at small retailers and brands, raises $260M led by Sequoia Capital at a $7B valuation  —  Online wholesale marketplace Faire said on Thursday it raised $260 million in its latest funding round and is now valued at $7 billion, thanks to the fast growth in e-commerce following the pandemic.
Anne Tergesen / Wall Street Journal:
Coinbase teams up with 401(k) provider ForUsAll to let employees at participating companies invest up to 5% of their 401(k) contributions in cryptocurrency  —  Workers at participating companies could invest up to 5% of their account balances in cryptocurrency
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 Konrad / Forbes:
Alexis Ohanian's new VC firm Seven Seven Six raises $150M for its first fund and says it targeted a base of 50% women and 15% Black or indigenous investors  —  Covering venture capital, software and startups  —  Plenty of venture capital shops have built software to support their startup investing before …
Ivan Levingston / Bloomberg:
Israeli startup Glassbox, which provides automated tools to optimize web and mobile apps, raises $100M in its Tel Aviv IPO, valuing it at ~$500M  —  - Glassbox was valued at almost $500 million in the share sale  — Company aims to list in New York in the coming years
More: CTech

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