Techmeme
July 9, 2021, 2:40 AM

Top News

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.
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.
Jay Peters / The Verge:
Square announces it will build a hardware wallet for bitcoin, after Jack Dorsey had discussed the possibility of creating one in June  —  CEO Jack Dorsey said the company was considering one in June  —  Square is going to make a hardware wallet for bitcoin, the company's hardware lead, Jesse Dorogusker, announced on Thursday.
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.
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.
Ray A. Smith / Wall Street Journal:
How dating apps are increasingly used to start platonic friendships, with average time spent on Bumble's BFF growing 83% for men and 44% for women in Q1 2021  —  Millennials and members of Generation Z increased their use of dating apps to make platonic friends during the pandemic; ‘now we all have these big life moments together’
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.
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.
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.
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 …
Wilson White / The Keyword:
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:

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