Techmeme
July 1, 2021, 3:01 AM

Top News

Salvador Rodriguez / CNBC:
Adam Mosseri says Instagram plans to test video more broadly, calls TikTok and YouTube competitors, and says Instagram is “no longer a photo-sharing app”  —  - Facebook's head of Instagram said the service plans to start showing users full-screen, recommended videos in their feeds.
Sarah Perez / TechCrunch:
David McLaughlin / Bloomberg:
Amazon says it is seeking the recusal of FTC chair Lina Khan from matters related to the company, citing her history of criticism and antitrust arguments  —  - Online retail giant files petition saying Khan shows bias  — FTC is reviewing Amazon's purchase of MGM movie studio
David Ingram / NBC News:
A federal judge has issued a preliminary injunction blocking Florida's Stop Social Media Censorship Act from going into effect, which was scheduled for Thursday  —  A federal judge Wednesday put on hold a first-of-its-kind law in Florida that authorized the state to penalize social media companies …
Kyle Bradshaw / 9to5Google:
Google updates its Passes API to let users store COVID vaccine cards on Android devices, starting in the US; Google will not keep a copy of the user's info  —  Google has announced today that Google Pay is now capable of saving and displaying COVID-19 vaccination cards on Android, starting with select providers in the United States.
Federico Viticci / MacStories:
As iOS 15 and iPadOS 15 public betas arrive, an in-depth look at Focus, Safari's revamped UI, iPad multitasking, SharePlay, and other new features  —  For the past three weeks, I've been running the developer beta of iOS and iPadOS 15 on my iPhone 12 Pro Max and M1 iPad Pro, respectively.
Dieter Bohn / The Verge:
AT&T joins T-Mobile in making Google's Android Messages the default app for SMS and RCS services on Android phones; Verizon so far has not made the switch  —  Verizon is the last big carrier not to switch  —  AT&T and Google have announced that all Android phones on the network …
Dave Michaels / Wall Street Journal:
Financial Industry Regulatory Authority fines Robinhood $70M for misleading customers and system outages, the biggest fine it has ever imposed  —  Online brokerage faulted for missteps related to options trading and technology outages; company neither admits nor denies allegations
Varun Mishra / Counterpoint Research:
iPhone 12 series sales crossed 100M globally in April 2021, seven months after launch, two months faster than iPhone 11; iPhone 12 Pro Max had a 29% sales share  —  Exactly 14 years ago, Apple disrupted the smartphone market as the first iPhone went on sale.  There has been no looking back for Apple since then.
Ron Miller / TechCrunch:
Slack releases Slack Huddles, an audio chat tool, and details new features, including video messages and an enhanced company directory  —  Slack started talking about a new set of communications tools to enhance the text-based channels at the end of last year.
Riley de León / CNBC:
SentinelOne closed up 21% at $42.50 per share in its debut, valuing the company at $10B+; SentinelOne had the highest valued cybersecurity IPO in history  —  - Cybersecurity company SentinelOne made its market debut Wednesday on the New York Stock Exchange and is now trading under the ticker symbol “S.”
Stephen Nellis / Reuters:
Microsoft and AT&T say the carrier will run core parts of its 5G network on Azure; AT&T's newer networks rely more heavily on virtualization than hardware  —  Microsoft Corp (MSFT.O) and AT&T Inc (T.N) on Wednesday said that the carrier will run core parts of its 5G wireless network on Microsoft's cloud computing platform.
Jessica Bursztynsky / CNBC:
Shares of Didi Chuxing closed up 1% in its trading debut, giving it a market cap of $67.8B; stock spiked as much as 28.6% intraday  —  - Shares of Didi Chuxing, the Chinese ride-hailing giant, began trading Wednesday in its initial public offering.  — Didi was most recently valued …
The Block:
Twitter releases a set of seven NFTs, each available in 20 designs, and is auctioning them on marketplace Rarible  —  Quick Take  — Twitter has released a set of seven NFTs, with 20 available in each design.  — It's auctioning them on NFT marketplace Rarible.
ACLU:
Maine enacts the strongest statewide facial recognition law in the US, prohibiting the use of facial recognition tech in public schools and most police work  —  AUGUSTA, Maine - Maine has enacted the country's strongest statewide facial recognition law.  Maine's law prohibits the use …
Megan Graham / CNBC:
Content recommendation company Taboola closed down 2% in its first day of trading after going public via merger with a SPAC  —  - Digital ad company Taboola began trading on the Nasdaq Wednesday following its merger with ION Acquisition Corp. 1, a special acquisition corporation.
Bloomberg:
Twitter and Facebook are fighting new Indian rules they say curtail privacy and free speech; the regulations include potential jail terms for executives  —  - Government wants the power to decide acceptable speech online  — Twitter's under scrutiny in one of its fastest-growing markets
BuzzFeed News:
Clearview AI data shows GAO's recent report on government use of facial recognition overlooked usage by five agencies, including IRS, TSA, and US Capitol Police  —  In a government accountability report about facial recognition, five federal agencies said they didn't use Clearview AI.
Megan Graham / CNBC:
Integral Ad Science, which helps keep digital ads non-fraudulent and “brand safe”, closes up 14% in its debut after its IPO, valuing the company at ~$3.3B  —  - Ad tech company Integral Ad Science began trading on Wednesday under the ticker “IAS.”  — IAS pegs itself as a “verification company” for digital ads.
Ingrid Lunden / TechCrunch:
Czech on-demand grocery delivery service Rohlik raises €100M Series C led by Index Ventures at a €1B valuation  —  “Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from …
BBC:
Tim Berners-Lee sells an NFT for $5.4M that represents time-stamped files of the source code for the world wide web and other items, via a Sotheby's auction  —  The original source code for the world wide web has been sold as a non-fungible token, making $5.4m (£3.9m).
Dan Primack / Axios:
TikTok says it removed 11M+ accounts during Q1 2021, including 7M+ for belonging to those under 13; around 62M videos were removed, or 1% of all uploaded  —  TikTok on Wednesday said it removed more than 7 million accounts “from the full TikTok experience” during the first quarter of 2021 …

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Earlier Picks

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