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June 21, 2021, 7:30 AM
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Top News

Global Times:
China's Sichuan Province closes crypto mines, following Xinjiang, Inner Mongolia, and Yunnan; an estimated 90% of China's mining capacity has now been shut down  —  Many Bitcoin mines in Southwest China's Sichuan Province - one of China's largest cryptocurrency mining bases - were closed as of Sunday …
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 …
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
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.
Sam Shead / CNBC:
Google says it has decided not to reopen Campus, its London-based startup space, after the pandemic forced it to close  —  - The Silicon Valley tech giant announced on Monday that it has decided “not to reopen” Campus in East London after it was forced to close by the coronavirus pandemic.
Richard Pallot / ITV:
Investigation finds Amazon has been destroying thousands of unsold goods at its UK-based Dunfermline warehouse; source says 130K items are destroyed per week  —  Exclusive: Watch footage showing the ‘destruction zone’ in Amazon's Dunfermline warehouse where millions of unsold items are destroyed every year

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:30 AM ET, June 21, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Tariq Panja / New York Times:
Sources: FIFA is close to giving Apple the global rights for its 2025 World Cup-style soccer competition in the US, likely for ~25% of FIFA's first $4B estimate

Adam B. Vary / Variety:
The Blair Witch Project cast requests retroactive residuals and “meaningful consultation” on future projects, after Lionsgate and Blumhouse announced a reboot

Alex Sherman / CNBC:
Memo: Aaron LaBerge, the CTO of Disney Entertainment and ESPN, will leave the company after June for personal reasons, to become the CTO of Penn Entertainment

More News

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
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
Christopher Mims / Wall Street Journal:
Pandemic boosted the “phone-ization” of PCs, which are adopting power efficient CPUs and thin designs, a trend which will accelerate with broader adoption of 5G
Kristen Sinclair / The Verge:
A look at some Twitch streamers using the service to showcase minority languages like Galician, Welsh, Basque, and te reo Māori
Betsy Ladyzhets / MIT Technology Review:
An analysis of the usage of COVID-19 contact tracing apps in 25 US states and DC finds that only 13 have enough usage to benefit from exposure notification

Earlier Picks

Forbes:
Leonid Radvinsky, billionaire owner of OnlyFans, ran sites in the '90s promoting “hacked” porn site passwords, including links promising access to child porn
Dean Takahashi / VentureBeat:
Lingokids, which offers educational games through its “playlearning” app for kids aged 2-8, raises $40M Series C and claims to reach 30M+ families worldwide
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