Techmeme
June 29, 2021, 11:20 PM

Top News

Madeleine Hodson / PrivacySharks:
Data on 700M LinkedIn users for sale on a forum, with info like names, addresses, inferred salary; LinkedIn says it seems some of the data is from other sources  —  Things are not looking good for LinkedIn right now.  Just two months after a jaw-dropping 500 million profiles from the networking site …
Jordan Novet / CNBC:
Microsoft and OpenAI announce GitHub Copilot, an AI-based tool to recommend code to software developers in almost any programming language  —  - GitHub, GitHub's parent company Microsoft and OpenAI have teamed up to deliver a tool that comes up with source code for programmers to use as they work.
Chance Miller / 9to5Mac:
Twitter says it fixed a bug that caused some users to lose access to its “Latest” chronological feed option on its web application  —  Update: Twitter's Kayvon Beykpour says this is a bug that it's working on fixing.  The Twitter Support account says the fix is rolled out.
Jacob Kastrenakes / The Verge:
Facebook unveils Bulletin, its Substack newsletter competitor, but is not yet accepting signups and says it won't take a cut of creators' revenue “at launch”  —  Facebook won't take a cut ‘at launch’  —  Facebook is getting into the subscription newsletter game.
Scott Rosenberg / Axios:
Dismissals of FTC and state AGs suits against Facebook shows the difficulty of making antitrust charges stick and could spur lawmakers to toughen antitrust laws  —  A federal judge's decisions Monday tossed out antitrust lawsuits against Facebook — and threw cold water on the heated campaign …
New York Times:
Sarah Perez / TechCrunch:
Shopify drops Shopify App Store's cut to 0% on devs' first $1M in revenue, says app developer partners earned $233M in 2020, more than 2018 and 2019 combined  —  Following similar moves by Apple, Google, and more recently Amazon, among others, e-commerce platform Shopify announced today it's …
Bloomberg:
Worldcoin, cofounded by Sam Altman, raises $25M, plans a cryptocurrency belonging to all people on earth, and is making a device to ID recipients via iris scan  —  Sam Altman has a new startup that intends to give a special type of cryptocurrency to every person on earth.
Allison Johnson / The Verge:
Gerrit De Vynck / Washington Post:
GAO report finds 20 out of 42 federal agencies surveyed use facial recognition tech and sheds light on how deeply the tech is integrated into federal agencies  —  Black Lives Matter protesters, Jan. 6 rioters and regular travelers are among those targeted by agencies using the tech, including the IRS and the Postal Service
Dan Goodin / Ars Technica:
After hackers wiped many of Western Digital's My Book Live devices, a look at the code suggests the manufacturer had removed authentication code  —  Western Digital removed code that would have prevented the wiping of petabytes of data.  —  Last week's mass-wiping of Western Digital …
The Information:
Source: Apple is on track to spend ~$300M on Google Cloud storage services in 2021, up ~50% from 2020, dwarfing ByteDance, Spotify, and other large customers  —  Apple executives have taken swipes at Google in the past over its privacy practices.  But the iPhone maker trusts Google enough …
Harry McCracken / Fast Company:
Neeva, a $4.95/month ad-free search engine from two ex-Google executives, launches after raising $77.5M  —  Sridhar Ramaswamy and Vivek Raghunathan helped turn Google into an ad giant.  Now they're starting over with a service whose only customers are its users.  —  A new search engine?
Shara Tibken / CNET:
Studies have found that certain neighborhoods across the US that were redlined in the past are the same areas without fast home internet service today  —  Communities that couldn't get mortgage loans in the 1940s are the same areas without fast home internet service today.  There's no easy fix.
Tiffany Hsu / New York Times:
Outbrain files for an IPO aiming to raise over $100M, says it had $767M in revenue last year, $4.4M in net income, and funnels ads to 7,000+ websites like CNN  —  Outbrain, one of the top purveyors of clickbait ads, filed on Tuesday to raise at least $100 million through an initial public offering …
Tweets: @caseynewton
Ashley Carman / The Verge:
Instagram says it is running a small test that lets any user share links in their Stories through a sticker  —  Now with a linking sticker  —  Instagram has always limited who can post swipe-up links to their stories, but today, the company is starting a new test that could widen that ability.
Dan Seifert / The Verge:
Amazon debuts Reading Sidekick, which reads physical and digital books aloud from a catalog of over 700, for Kids Plus on Fire tablets and Echo devices  —  Reading Sidekick is available on Echo devices starting today  —  Amazon has announced a new feature for its Kids Plus service …
Mary Ann Azevedo / TechCrunch:
Orum, which provides an API to help financial institutions move money in real time, raises $56M Series B, bringing its total raised to $82M+  —  Orum, which aims to speed up the amount of time it takes to transfer money between banks, announced today it has raised $56 million in a Series B round of funding.
Reuters:
TP ICAP, the world's largest interdealer broker, says it is launching a cryptocurrency trading platform with Fidelity Investments and Standard Chartered  —  TP ICAP (TCAPI.L), the world's biggest interdealer broker, is launching a cryptocurrency trading platform with Fidelity Investments …
Mary Ann Azevedo / TechCrunch:
Forum Brands, which provides market intelligence for e-commerce acquisitions, raises $27M Series A led by Norwest Venture Partners  —  The number of startups acquiring e-commerce businesses, especially those operating on Amazon, to grow and scale is increasing as more people than ever are shopping online.
More: WebWire and BestgamingproThanks:@vscpr
Dean Takahashi / VentureBeat:

Sponsor Posts

Google Workspace:
See how it's done with Google Workspace  —  Whether you're a team of 10 or 10,000, Google Workspace has all the tools you need to connect, create and collaborate.
Tribe AI:
“Tribe AI got more done in 4 weeks than our in-house team did in a year.”  —  See why Tribe is a different kind of machine learning consultancy, built for speed, results, and impact.
Arm DevSummit:
Spark the World's Potential at Arm DevSummit 2021  —  Gain priceless insights and build inimitable connections with industry-leading developers and engineers at the virtual event where hardware and software join forces.
Zoho:
Experience Connected Banking with Zoho Books and HSBC  —  At Zoho, we've been constantly striving to democratize technology for businesses.  With our Connected Banking initiative, we've been able to help …
Modern Finance Podcast:
Modern Portfolio Construction (crypto+stocks) with Chris Hutchins
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Wed. 09/22 - The Microsoft Surface Event
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:20 PM ET, June 29, 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.

More News

Faiz Siddiqui / Washington Post:

Earlier Picks

Dana Mattioli / Wall Street Journal: