Techmeme
June 23, 2021, 1:45 AM

Top News

New York Times:
Sources: Tim Cook warned Pelosi that proposed antitrust bills were rushed, could hurt innovation; Google, Facebook, Amazon say bills would hurt SMBs, consumers  —  Executives, lobbyists, and more than a dozen groups paid by Big Tech have tried to head off bipartisan support for six bills meant …
Bloomberg:
Adi Robertson / The Verge:
Twitter opens applications to test Ticketed Spaces and Super Follows for a small number of users, who will keep 97% of revenue after the IAP cut if making <$50K  —  Users initially keep 97 percent of their revenue  —  Twitter is opening applications for a limited test of its Super Follows and Ticketed Spaces features.
Natasha Lomas / TechCrunch:
Privacy browser Brave launches a non-tracking search engine in beta, at search.brave.com, to offer an “all in one” alternative to Google Search and Chrome  —  Pro-privacy browser Brave, which has been testing its own brand search engine for several months — operating a waitlist where brave …
Karissa Bell / Engadget:
Facebook says it is working on visual search for Instagram shopping to help users find info on products in images, and Shops is coming to WhatsApp, Marketplace  —  Facebook is working on visual search technology for Instagram as it doubles down on shopping features throughout its platform.
Tiernan Ray / ZDNet:
Intel forms an Accelerated Computing Systems and Graphics unit, and a Software and Advanced Technology unit, as part of the company's ongoing reorg  —  Intel's head of GPUs, Raja Koduri, will run the accelerated computing business, Sandra Rivera will run Xeon chips operations …
Bloomberg:
Microsoft has become the second public US company to reach a $2T market value, after Apple did in August 2020 and two years after hitting its first $1T in value  —  - Shares of the software giant have gained 19% so far this year  — Only Apple and Saudi Aramco had hit $2 trillion in value
Reuters:
DOJ says it has seized 36 Iranian media websites and sites for groups affiliated with Iran that are linked to Iranian disinformation for violating US sanctions  —  The U.S. Justice Department said on Tuesday it seized 36 Iranian-linked websites, many of them associated with either disinformation activities …
Javier Espinoza / Financial Times:
European Commission says it has opened an antitrust investigation into whether Google favors its own display ad tech over rivals  —  Brussels to examine whether US group broke rules by giving an advantage to its own services  —  The EU has announced a formal investigation …
Richard Nieva / CNET:
Google, shifting to a hybrid workplace, debuts a Work Location Tool for staff to apply for an office move or to become fully remote and see how salaries change  —  Google on Tuesday rolled out a tool for its employees to request office changes or apply to become fully remote workers …
More: GizmodoThanks:@jeskillings
Nilay Patel / The Verge:
Q&A with Patreon CEO Jack Conte on its relationship with Apple and exception from App Store's 30% cut, supporting creators across platforms, and more  —  Today's guest on Decoder is Jack Conte, the co-founder and CEO of Patreon, a platform that allows people to pay their favorite creators directly …
Brent Kendall / Wall Street Journal:
Sources: the FTC will review Amazon's proposed acquisition of MGM, just as the commission gets a new chairwoman who has been critical of Amazon's expansion  —  Commission secures antitrust review after talks with Justice Department, and as Amazon critic Lina Khan takes the FTC's helm
Jeremy Laird / PC Gamer:
A look at AMD's new FidelityFX Super Resolution, which aims to upscale games to higher resolution and competes with Nvidia's DLSS technology  —  ...just maybe not in the way you might have thought.  —  AMD's long awaited answer to Nvidia's game-prettifying DLSS technology is here.
Noah Smith / Noahpinion:
Q&A with Marc Andreessen on his “It's Time to Build” essay, techno-optimism, Clubhouse and Substack's potential, “Augmented Intelligence”, crypto, and more  —  Marc Andreessen should need no introduction, but I'll do one anyway.  He helped code the first widely …
Kennedy Rose / Philadelphia Business Journal:
Philadelphia-based Sporttrade raises $36M in funding, after emerging from stealth in May, for its upcoming app which provides a trading exchange for sports bets  —  Philadelphia-based startup Sporttrade has raised $36 million from investors ahead of the launch of its new app, which provides a trading exchange for sports bets.
Jon Porter / The Verge:
London's mayor says the Underground will have mobile coverage by the end of 2024 across its entire system, including some popular stations by the end of 2022  —  Popular stations like Oxford Circus, Euston, and Bank will connected by end of 2022  —  By the end of 2024 …
Crystal Tse / Bloomberg:
Aircall, which offers a cloud-based call center and CRM service, raises $120M led by Goldman Sachs Group's asset management arm at a $1B+ valuation  —  Call center software company Aircall is valued at more than $1 billion in a new funding round.  —  The company raised $120 million …
Catherine Shu / TechCrunch:
Viva Republica, developer of Korean financial services app Toss, raises $410M at a post-money valuation of $7.4B, and says it's launching a neobank in September  —  Viva Republica, the Seoul-based fintech company behind Toss, a super app with more than 40 financial services …
More: Bloomberg
Joel Khalili / TechRadar:
How Reddit uses its community-first approach to moderate content, relying heavily on its users instead of outsourced moderation farms  —  Reddit CTO: We don't want to be a ‘capricious arbiter’ of what is correct or not  —  One of the most difficult problems for Reddit …
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Kait Bolongaro / Bloomberg:
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