Techmeme
July 9, 2021, 10:50 AM

Top News

CNBC:
Biden to sign an EO calling on regulators to enact reforms such as increasing scrutiny of tech mergers and focusing more on moves like “killer acquisitions”  —  - The White House on Friday will announce a new executive order aimed at cracking down on anticompetitive practices in Big Tech, labor and numerous other sectors.
Knewz:
News Corp has shut down its news aggregation service Knewz after just 18 months, citing a lack of profits  —  We started Knewz as an experiment in news aggregation because we wanted to gather a diverse range of quality journalism, to highlight of all sides of every story and to protect and project provenance.
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.
Sarah Frier / New York Times:
Book review of An Ugly Truth: an effective examination of every major Facebook scandal and shortcomings in Facebook's leadership, structure, and accountability  —  When you purchase an independently reviewed book through our site, we earn an affiliate commission.  —  AN UGLY TRUTH
New York Times:
John Davidson / Australian Financial Review:
Australia's Federal Court reverses earlier ruling and allows Epic's antitrust case against Apple's App Store to proceed; Apple says it will appeal the judgment  —  The maker of the smash hit game Fortnite can sue Apple in Australia for illegally wielding control over its iPhones and iPads, the Federal Court has found.
Catalin Cimpanu / The Record:
Microsoft says its bug bounty program paid $13.6M to 341 security researchers in the past 12 months, down slightly from the $13.7M it paid a year ago  —  Microsoft said it awarded more than $13.6 million as monetary rewards to security researchers through its public bug bounty programs over the past 12 months.
Bloomberg:
A look at TokenSniffer, a website tracking cryptocurrency scams that claims to have tracked 42,071 tokens and 2,250 scams or hacks as of June 16  —  Billions are getting pilfered annually through a variety of cryptocurrency scams.  The way things are going, this will only get worse.
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’
Devin Coldewey / TechCrunch:
Researchers from Facebook, UC Berkeley, and CMU develop AI-controlled walking robots that adapt in real-time to changing terrain like rocks and stairs  —  Robots have a hard time improvising, and encountering an unusual surface or obstacle usually means an abrupt stop or hard fall.
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.
Pavel Alpeyev / Bloomberg:
Sources: SoftBank Group plans to invest an additional $5B in Latin American companies, doubling its commitment to the region to $10B  —  - Total capital commitment to the region doubles to $10 billion  — Investment scope to expand to include seed and Series A rounds

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More News

Liz Alderman / New York Times:
Adi Robertson / The Verge:

Earlier Picks

Jon Porter / The Verge:
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CNBC:
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Zack Seward / CoinDesk:
CNBC: