Techmeme
June 15, 2021, 9:00 AM

Top News

Benjamin Mayo / 9to5Mac:
UK's CMA says it will launch an investigation into Apple and Google's mobile ecosystems over whether their market power is harming users  —  Today, the UK's competition watchdog (the Competition and Markets Authority) announced an official investigation into the mobile device ecosystem, citing Apple and Google's effective duopoly.
Sarah Perez / TechCrunch:
Automattic acquires Day One, a popular journaling app for Apple devices with 15M+ downloads on the Mac and iOS App Store; terms of the deal were not disclosed  —  Automattic is expanding its lineup of online writing platforms with its acquisition of Day One, a popular journaling app for Mac and Apple mobile devices.
Andrew Chung / Reuters:
SCOTUS throws out a lower court ruling that had allowed 3rd-party scraping of LinkedIn users' public profiles, sending the dispute back to federal appeals court  —  The U.S. Supreme Court on Monday gave Microsoft Corp's (MSFT.O) LinkedIn Corp another chance to try to stop rival hiQ Labs Inc …
Ingrid Lunden / TechCrunch:
Duda, which helps large businesses to build websites, raises $50M Series D led by Claridge IL, bringing its total raised to $100M  —  Self-expression for many consumers today comes in the form of social media and apps.  But if you're a larger business, even if you can't ignore platforms like Facebook …
More: FinSMEs and Tech.eu
New York Times:
Interviews with ~200 people show how Amazon's warehouse employment system, under strain before the pandemic, burned through workers and created huge confusion  —  Each year, hundreds of thousands of workers churn through a vast mechanism that hires and monitors, disciplines and fires.
Jonathan Ponciano / Forbes:
MicroStrategy raises another ~$500M in bonds to buy more bitcoin, and bitcoin's price surged to $40K+ after Elon Musk hinted Tesla may again accept BTC payments  —  Less than a week after announcing the offering, business analytics firm MicroStrategy, which owns more bitcoin than any other corporation …
Peter Rudegeair / Wall Street Journal:
Sources: Shopify, Sequoia, and others recently bought ~$1B of Stripe stock from existing shareholders before Stripe's expected IPO; bids exceeded $4B  —  Shopify, Sequoia Capital and others recently bought about $1 billion of shares in fintech Stripe, which could go public late this year or next
Natasha Lomas / TechCrunch:
Twitter is asking for feedback on a new feature letting users “unmention” themselves as an anti-abuse tool and to help users control unwanted attentions  —  Twitter is looking at adding new features that could help users who are facing abusive situations on its platform as a result …
NBC News:
Sources: in 2019, major labor union Teamsters refused a ransomware demand of $2.5M, against the FBI's advice, and instead rebuilt its systems from scratch  —  WASHINGTON — When the Teamsters were hit by a ransomware attack over Labor Day weekend in 2019, the hackers asked for a seven-figure payment.

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Earlier Picks

Sara Fischer / Axios:
Chris Welch / The Verge:
Ingrid Lunden / TechCrunch:
James Vincent / The Verge:
Dieter Bohn / The Verge:
Bloomberg: