Techmeme
July 8, 2021, 6:15 AM

Top News

Leah Nylen / Politico:
AGs from 36 states and DC file an antitrust suit against Google, targeting Play Store's practice of making devs use its billing system and charging a commission  —  The lawsuit filed in California federal court is the third by state attorneys general to target the company for alleged antitrust violations.
Wilson White / The Keyword:
Google says antitrust suit by 37 AGs targeting Google Play is “meritless” as it ignores Android's openness to allow competing app stores and sideloading of apps  —  We built Android to create more choices in mobile technology.  Today, anyone, including our competitors …
Kishan Vyas / XDA Developers:
OnePlus confirms the OnePlus 9 and 9 Pro throttle many popular apps to improve battery life, after investigations found uneven throttling across apps/benchmarks  —  While camera and display haven't always remained the strongholds of OnePlus, performance is one area where OnePlus phones have historically been quite good.
CNBC:
Donald Trump sues Facebook, Twitter, and YouTube, as well as Zuckerberg, Dorsey, and Pichai, claiming the companies have violated his First Amendment rights  —  - Former President Donald Trump announced he is suing Facebook, Twitter and Google, as well as their respective CEOs Mark Zuckerberg, Jack Dorsey and Sundar Pichai.
Bonnie Kristian / The Week:
Trump's lawsuits that claim Facebook, Twitter, and YouTube violated his First Amendment rights are just PR and fundraising tools, and likely legally doomed  —  One member of this class action is not like the others  —  Former President Donald Trump announced himself on Wednesday …
Igor Bonifacic / Engadget:
TikTok tests letting US users apply for jobs with video resumes, posted with a #TikTokResumes hashtag; 30+ brands join the pilot including WWE, Shopify, Target  —  expanding into job recruitment.  As of today, the company has launched a pilot program that allows people in the US to apply for entry …
Wall Street Journal:
A Dutch security researcher group says it had notified Kaseya in April about one of the flaws that was exploited in the devastating ransomware attack last week  —  President Biden is meeting officials to discuss recent attacks, including latest affecting hundreds of organizations around the world
Isabelle Lee / Insider:
Alex Heath / The Verge:
Facebook-commissioned study by Comscore claims that most US iOS and Android users stick with preinstalled apps; Apple says the study is “seriously flawed”  —  If you use an iPhone or Android phone, chances are the majority of your most-used apps were made by Apple and Google.
Bloomberg:
Sources: China plans rule changes requiring Chinese companies to seek approval to list overseas, even if the unit selling shares is incorporated outside China  —  - Securities regulator working to change overseas listing rules  — Change would require VIE firms to get nod to list offshore
Ben Thompson / Stratechery:
Instagram's shift away from being a photo-sharing app fits within its broader continuous evolution, from photo filtering tool to network to Stories and beyond  —  Last week Head of Instagram Adam Mosseri posted a video on Instagram about Instagram: … Everyone that I've seen …
Gené Teare / Crunchbase News:
Analysis of global venture funding for H1 2021: $288B invested, an all-time high and up by $110B on H2 2020, with most going to late-stage companies  —  Global venture capital funding in the first half of 2021 shattered records as more than $288 billion was invested worldwide, Crunchbase numbers show.
Nishant Sharma / BloombergQuint:
Zomato prices shares at $0.96-$1.02 for its IPO in India that opens on July 14, is seeking to raise $1.3B at valuation of about $8B  —  Zomato Ltd. is seeking a valuation of up to Rs 60,000 crore as the food ordering and delivery platform looks to raise capital for expansion.
Michael Sheetz / CNBC:
Planet Labs, which provides satellite imagery data analytics to 600+ customers, plans to go public via a SPAC merger at a post-deal equity value of $2.8B  —  - Satellite imagery and data specialist Planet Labs is preparing to go public, merging with a SPAC in a deal with backing from Google, BlackRock, and Marc Benioff.
Manish Singh / TechCrunch:
Indian startup Teachmint, which lets teachers create their own virtual classes using its mobile app and video infrastructure, raises $20M led by Learn Capital  —  As most Indian edtech startups work on broadening their catalog with live and recorded courses for students …

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Earlier Picks

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