Techmeme
June 24, 2021, 10:40 AM

Top News

John D. McKinnon / Wall Street Journal:
After debate, House committee approves five major antitrust bills, including regulations on user data portability and acquisitions of competitors  —  Tech companies to take the battle over the proposed new regulations and oversight to the House floor and Senate
Tim Higgins / Wall Street Journal:
In a new report, Apple says letting iOS users sideload apps would undermine privacy protections, complicate parental controls, and potentially expose user data  —  Company says allowing users to download software onto their iPhones without using the App Store jeopardizes protections
Kate Rooney / CNBC:
Andreessen Horowitz raises $2.2B for its third fund focused on crypto startups and cryptocurrencies  —  - The Silicon Valley venture capital firm just announced a new $2.2 billion cryptocurrency-focused fund.  — “We believe that the next wave of computing innovation will be driven by crypto …
Stephen Shankland / CNET:
Google will delay plans to block third-party cookies from early 2022 to late 2023, to find ways to protect privacy without hurting ad-dependent publishers  —  Google has delayed a major privacy change to its Chrome browser, pushing back a plan to block third-party cookies until late 2023 …
Manish Singh / TechCrunch:
Google and Jio Platforms announce JioPhone Next, an “affordable” phone running an optimized version of Android, launching in India on September 10; price TBD  —  Jio Platforms, run by India's richest man (Mukesh Ambani), and Google on Thursday unveiled the JioPhone Next …
Tom Warren / The Verge:
What to expect from Microsoft's “next generation” Windows event on Thursday: new Windows 11 UI, updated Windows Store, and a focus on productivity and gaming  —  Microsoft's “next generation” of Windows event is taking place later this week, on June 24th at 11AM ET.
Lillian Rizzo / Wall Street Journal:
Sources: Peacock had fewer than 10M paid subs as of May; Comcast is considering a deal with ViacomCBS or acquiring Roku as it seeks to become a streaming giant  —  The broadband and cable company, which owns NBCUniversal, sticks with its marriage of content and delivery, though AT&T has reversed course
Simon Clark / Wall Street Journal:
Visa buys Sweden-based Tink, which offers open banking APIs used by more than 3,400 banks and financial institutions in Europe, for €1.8B  —  Tink would give Visa a foothold in open banking, which connects consumers to multiple financial institutions  —  Visa Inc. agreed to pay …
Reuters:
John McAfee has died by suicide in a Spanish jail cell, according to his lawyer, hours after news that he would be extradited to face federal charges in the US  —  Antivirus creator John McAfee, 75, was found dead in his prison cell in Barcelona after the Spanish high court had authorised …
Rita Liao / TechCrunch:
Apple launches App Store search ads in China, five years after launching in the US  —  After launching five years ago in the United States, Apple's search advertising service finally arrived in mainland China this week.  —  The feature, called Apple Search Ads, lets developers bid …
Jessica Bursztynsky / CNBC:
BuzzFeed announces plans to go public via SPAC merger, targeting a $1.5B valuation, and will acquire digital publisher Complex Networks for $300M  —  BuzzFeed, a 15-year-old digital media company, announced Thursday it plans to go public via a merger with a publicly traded special purpose acquisition company.
Paul Sawers / VentureBeat:
JW Player, a video streaming and analytics service used by major companies like Viacom, raises $100M Series E from LLR Partners  —  Where does your enterprise stand on the AI adoption curve?  Take our AI survey to find out.  —  JW Player, a video streaming and analytics platform …
Kyle Wiggers / VentureBeat:
Tonkean, which is developing a no-code automation service for companies, raises $50M Series B, bringing its total raised to $81M  —  Where does your enterprise stand on the AI adoption curve?  Take our AI survey to find out.  —  Tonkean, a software startup developing a no-code workflow …
David Cox / Wired UK:
DeepMind partners with Drugs for Neglected Diseases initiative, after its AlphaFold AI had considerable success in finding new treatments for sleeping sickness  —  In 2020, DeepMind solved one of biology's biggest challenges.  Now it's working on using its AI to find drugs to target neglected diseases
Dean Takahashi / VentureBeat:
Reuters:
South Korea retailer E-Mart buys 80% stake in eBay's South Korean business for $3B  —  South Korean retailer Shinsegae Group's E-Mart Inc (139480.KS) said on Thursday it plans to acquire an 80% stake in eBay Inc's (EBAY.O) South Korean business for 3.4 trillion won ($3 billion).

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Earlier Picks

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Bloomberg:
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