Techmeme
July 1, 2021, 5:45 PM

Top News

Dan Primack / Axios:
Robinhood files for long-awaited IPO, says it will set aside up to 35% of shares for retail investors  —  Popular trading app Robinhood on Thursday filed for its initial public offering, and disclosed that it will set aside up to 35% of shares for retail investors who rarely get to buy at a company's IPO price.
Austin Carr / Bloomberg:
Documents and interviews detail how a junior Microsoft engineer exploited a bug to generate Xbox gift card codes worth $10.1M+ before his arrest in Nov. 2020  —  The Xbox gift card came with a string of 25 letters and numbers.  The digits, known as a 5x5 code, were sent in an email …
Sarah Perez / TechCrunch:
Twitter shows off new features it is testing including a way to tweet only to a group of trusted friends, ability to tweet under different “personas”, and more  —  Twitter has a history of sharing feature and design ideas it's considering at very early stages of development.
Catalin Cimpanu / The Record:
NSA, FBI, and others say Russian hacking group Fancy Bear has been using Kubernetes to run brute force attacks on US and foreign organizations since mid-2019  —  US and UK cybersecurity agencies said today that a Russian military cyber unit has been behind a series of brute-force attacks …
Jacob Kastrenakes / The Verge:
TikTok is rolling out longer videos of up to three minutes, up from one minute, to all users over the coming weeks, after testing them since December  —  Now up to three minutes  —  TikToks are about to get longer.  The app is now rolling out the ability for everyone to publish videos …
Paul Sawers / VentureBeat:
Jason Snell / Six Colors:
As Apple releases macOS Monterey public beta, an in-depth look at Focus, iCloud Private Relay, Safari's revamped UI, FaceTime, SharePlay, and other new features  —  If there's a theme of Apple's operating-system releases in 2021, it's platform unification.  This development is most significant …
Matt Day / Bloomberg:
Days before Bezos steps aside, Amazon adds two points to its 14 corporate values, requiring staff to consider welfare of coworkers and society at large  —  - Workers now required to consider employee welfare, society  — Employees are hired, evaluated on how they conform to list
Thomas Claburn / The Register:
Sources: IBM's company-wide email migration, 18 months in the making, has left many employees unable to use email or schedule calendar events for several days  —  IBM's planned company-wide email migration has gone off the rails, leaving many employees unable to use email or schedule calendar events.
Eugene Kim / Insider:
Saqib Shah / Engadget:
Facebook is making its free cloud gaming service for desktop and Android available to 98% of mainland US and partners with Ubisoft  —  Oculus VR and livestreams, Facebook's gaming ambitions also include the cloud.  Today, the company is making free game streaming available to 98 percent …
Nina Bambysheva / Forbes:
Brazil's largest crypto exchange Mercado Bitcoin raises $200M Series B from SoftBank Latin America Fund, valuing its parent company 2TM Group at $2.1B  —  I cover cryptocurrencies and other applications of blockchain  —  Brazil's leading cryptocurrency exchange, Mercado Bitcoin raised $200 million …
Politico:
Former Trump spokesman Jason Miller leads GETTR, a Twitter-like service that bills itself as a “non-bias social network”, in the newest pro-MAGA tech venture  —  Former President Donald Trump's team quietly launched a new social media platform on Thursday, billing it as an alternative to Big Tech sites.
Politico:
Around 130 countries, including all G20 nations, agree to a global tax deal, aimed at world's 100 biggest companies and setting minimum corporate rates at 15%  —  The world's largest economies agreed Thursday to sweeping changes to the global tax system, despite staunch opposition …
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.
Meir Orbach / CTech:
Juno Journey, which uses AI to offer learning and personal development programs for employees, raises $19M Series A led by Insight Partners  —  The Israeli AI startup customizes the learning and personal development experience for employees  —  Juno Journey, which has created an AI platform …
Cristiano Lima / Politico:
As part of a previously undisclosed probe, DC AG subpoenas Facebook for docs on its handling of COVID misinfo, including an internal study on vaccine hesitancy  —  D.C. Attorney General Karl Racine has subpoenaed Facebook for records related to the platform's handling of coronavirus misinformation …
More: AxiosTweets: @brandonrichards
Mark Haranas / CRN:
HPE says it will acquire Zerto, developer of automated software for helping clients recover from unplanned data loss, for $374M in cash  —  'Zerto's market-leading cloud data management and protection software expands HPE GreenLake cloud data services, allowing customers to protect their data …
Alex Hern / The Guardian:
Facebook, Google, Twitter, and TikTok sign WWWF-led pledge to overhaul their moderation systems to tackle the abuse of women on their platforms  —  Facebook, Google, Twitter and TikTok commit to overhaul their platform's moderation systems  —  Four of the world's largest social networks …

Sponsor Posts

Niantic Lightship ARDK:
AR App Development Evolved: Join Niantic November 8, 2021  —  Create your own AR Real-World Metaverse with the Niantic Lightship ARDK.  Be part of the launch and join our virtual keynote November 8, 2021.
Zoho:
The future of work: Hybrid work is here to stay  —  Let's rewind two years back to 2019 and look at the predominant work culture at that time.  While remote work was common enough in some fields …
Welcome:
Close more candidates.  Retain your employees.  Access real-time comp data.  —  Benchmark and communicate compensation to candidates and employees, powered by our real-time compensation and equity data.
Techmeme Leaderboards:
Find out who the top reporters are in 43 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.
Modern Finance Podcast:
Play-to-Earn Gaming with Yield Guild Games
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Fri. 10/22 - Is Apple's ATT Bite As Bad As People Feared After All?
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 5:45 PM ET, July 1, 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

Earlier Picks

Jonathan Zittrain / The Atlantic: