Techmeme
June 21, 2021, 7:15 AM

Top News

Rita Liao / TechCrunch:
Amber Group, a Hong Kong-based crypto finance startup that provides trading and asset management services, raises $100M Series B at $1B pre-money valuation  —  More mainstream venture capital firms are jumping on the crypto bandwagon as investors increasingly consider bitcoin an investable asset …
Sami Fathi / MacRumors:
Germany's Federal Cartel Office announces an antitrust investigation into Apple's App Store, pre-installed apps, and more  —  Germany's Federal Cartel Office, the Bundeskartellamt, today initiated proceedings against Apple on the claims of anti-competitive behavior related to the App Store …
Matt Dougherty / KHOU-TV:
Some power companies in Texas are remotely adjusting the smart thermostats of users enrolled in their energy saving programs to reduce strain on power grids  —  Some said they didn't know their thermostats were being accessed from afar until it was almost 80 degrees inside their homes.
Douglas Busvine / Reuters:
Forto, a freight forwarding service that gives customers real-time data, raises $240M led by SoftBank's Vision Fund 2 at a $1.2B valuation  —  Forto has raised $240 million from investors led by Softbank (9984.T), the freight technology startup said on Monday, and will invest in expanding …
More: Tech.eu and PR Newswire
Wall Street Journal:
Analysts say the dominance of TSMC, which makes ~92% of the world's most sophisticated chips and 60% of chips used in cars, poses risks to the global economy  —  Taiwan Semiconductor Manufacturing Co.'s dominance poses risks to the global economy, amid geopolitical tensions and a major chip shortage
Ax Sharma / BleepingComputer:
Researcher finds iPhone bug that disables wireless functionality after joining a WiFi network called “%p%s%s%s%s%n”; resetting network settings fixes the issue  —  ​A new iPhone bug has come to light that breaks your iPhone's wireless functionality by merely connecting to a specific WiFi hotspot.

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More News

Christopher Mims / Wall Street Journal:
Kristen Sinclair / The Verge:
Betsy Ladyzhets / MIT Technology Review:
Forbes:

Earlier Picks

Dean Takahashi / VentureBeat:
Olivia Solon / NBC News:
Chuq Von Rospach / 6FPS: