Techmeme
July 12, 2021, 9:45 PM

Top News

Mark Landler / New York Times:
After England's defeat in Euro 2020, Boris Johnson and others condemn racist abuse of players on social media, with some calling for tougher action by platforms  —  The social media bigotry, directed at three players who missed penalty kicks in the Euro 2020 final, was condemned by Prime Minister Boris Johnson and most everyone else.
Mikael Thalen / The Daily Dot:
Wall Street Journal:
New York Times:
A look at Facebook's long-term struggles with courting creators, as it falls behind YouTube, TikTok, and other rivals  —  The social network is aiming to be a destination for creators and their viral memes.  But TikTok and YouTube got there first.  —  SAN FRANCISCO — Over the past 18 months …
Bloomberg:
FCC approves Amazon's request to use “Radar Sensors” to sense motion and “enable contactless sleep tracing functionalities”  —  - FCC gives Amazon approval to use airwaves for radar sensor  — Device could aid ‘management of sleep hygiene,’ company says
Wall Street Journal:
Sources: ByteDance put its offshore IPO plans on hold in March after meeting with Chinese regulators, which asked the company to address security issues  —  Owner of TikTok video app took different approach from ride-hailing company Didi, which pressed ahead with U.S. listing
Todd Spangler / Variety:
Warner Bros. to give away 91,000 limited-edition NFTs featuring characters from Space Jam: A New Legacy, the biggest drop of NFTs for a film to date  —  The loony-tunes world of digital collectibles known as NFTs is now getting actual Looney Tunes.  —  Warner Bros., in the biggest drop of NFTs …
Brian Steinberg / Variety:
Disney to raise the subscription fees for ESPN+ in the US to $7/mo. and $70/year, from $6/mo. and $60/year; price for a Disney bundle is unchanged at $14/mo.  —  Disney will raise the monthly and annual fees for ESPN Plus, one of three different subscription-based streaming services it operates in the U.S. …
Rebecca Rubin / Variety:
Abner Li / 9to5Google:
Google unveils a feature for Android 12 that lets users play a game from the Play Store before it's fully downloaded, available with “minimal developer effort”  —  On the first day of this year's Games Developer Conference, Google introduced a handful of Android 12-specific features …
Wall Street Journal:
After Binance froze for over an hour during a cryptocurrency crash on May 19, many users who lost money have had trouble petitioning Binance, which lacks a HQ  —  The world's largest crypto exchange has no headquarters, making it difficult for disgruntled traders to complain about the May crash
Tanaya Macheel / CNBC:
CryptoCompare: cryptocurrency trading volume on top exchanges fell by ~40% from May to June, but June still ranks in the top five months of volume ever recorded  —  - Trading volumes at the largest exchanges, including Coinbase, Kraken, Binance and Bitstamp, fell more than 40% in June, according to CryptoCompare
Ingrid Lunden / TechCrunch:
Elevate Brands raises $250M to acquire third-party merchants selling on Amazon's marketplace; Elevate is currently profitable and has already acquired 25 brands  —  The Amazon roll-up play — where one company creates economies of scale by buying up and consolidating multiple smaller third-party merchants …

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