Techmeme
July 8, 2021, 6:55 PM

Top News

New York Times:
Book excerpt shows how Zuckerberg and Sandberg's partnership deteriorated during the Trump era, as Zuckerberg increasingly made the biggest policy decisions  —  The company they built is wildly successful.  But her Washington wisdom didn't hold up, and neither did their close working relationship.
CNBC:
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2  —  - Simo will succeed Instacart founder Apoorva Mehta on Aug. 2, and Mehta will transition to executive chairman of the board.
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 …
Jon Porter / The Verge:
AG suit alleges Google tried to “preemptively quash” Samsung's Galaxy app store by offering to pay Samsung, stopping OEMs from offering other stores, and more  —  ‘Competition in app distribution is a virus to be eliminated’  —  Google used anticompetitive practices in an attempt to …
Leah Nylen / Politico:
Zack Seward / CoinDesk:
Crypto financial services company Circle says it is going public via a SPAC merger at a $4.5B valuation  —  The deal values Circle at $4.5 billion.  —  Circle is going public in a deal that values the crypto financial services firm at $4.5 billion, the firm said Thursday.
Sascha Segan / PCMag:
Qualcomm and Asus partner to launch the “Smartphone for Snapdragon Insiders”, a $1,499 handset with Snapdragon 888, a glowing Snapdragon logo, and more  —  The Asus-made phone will showcase features that Qualcomm has been promoting but hasn't added to other prominent devices in the US.
Patrick Howell O'Neill / MIT Technology Review:
How a years-long cybercrime investigation by FBI, Russia, and Ukraine was undone by corruption, rivalry, and stonewalling, resulting in the hackers going free  —  Russia and Ukraine promised to cooperate and help catch the world's most successful hackers.  But things didn't quite go to plan.
Gerry Smith / Bloomberg:
A look at Peacock as it enters its second year, considers expansion abroad, and tries to grow paid subscriptions; sources: 20% of Peacock's 14M MAUs pay for it  —  Inside 30 Rockefeller Plaza in New York last month, NBC executives revealed their long-awaited plan to use the Olympics to supercharge their streaming service, Peacock.
Richard Nieva / CNET:
Anger grows among some Google staff about “hypocritical” remote work decisions and transfers as senior exec Urs Hölzle announces plans to work from New Zealand  —  As Google employees around the world make plans for post-pandemic work at the tech giant, Laura de Vesine won't be among them.
FinSMEs:
Instawork, a marketplace that connects hourly workers with employers, raises $60M Series C led by Craft Ventures, bringing its total raised to $100M  —  Instawork, a San Francisco, CA-based digital marketplace connecting local businesses with qualified professionals across the U.S., raised $60m in Series C financing.
Hanna Hoikkala / Bloomberg:
A look at Sweden-based Embracer Group, which oversees 69 game development studios and has become Europe's most valuable game developer following an M&A spree  —  - Embracer's stock jumped more than 30-fold since 2016 debut  — Analyst asks where growth will come from when M&A runs dry
Isabelle Lee / Insider:
Visa partners with 50+ crypto firms, including Coinbase, to let users convert and spend crypto and says $1B+ was spent via crypto-linked Visa cards in H1  —  - Visa is partnering with over 50 crypto companies to allow clients to spend digital currencies.  — This means clients can buy …
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:

Sponsor Posts

OVHcloud:
Escape Ingress/Egress Fees  —  Experience seamless multi-cloud solutions without ingress/egress constraints.  Optimize costs and pave the way for a sustainable digital future.
Standard Metrics:
Nail Portfolio Reviews, Board Meetings and LP Reporting  —  You didn't hire that Stanford grad to manage spreadsheets.  Automate VC portfolio reporting and free your talented team up to deliver portfolio insights.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Introducing Apple's Journaling Suggestions in Zoho Notebook  —  Are you ready to take your journaling to the next level?  At Zoho Notebook, we are excited to announce a captivating new feature in our iOS app: Apple's Journaling Suggestions!
The Logan Bartlett Show:
EP 111: How Josh Reeves (CEO, Gusto) Built a $10B Company Serving Small Businesses
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Fri. 07/26 - SearchGPT
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 6:55 PM ET, July 8, 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

Rashi Shrivastava / Forbes:

Earlier Picks

Fu Ting / Associated Press:
Nishant Sharma / BloombergQuint:
Romain Dillet / TechCrunch: