Techmeme
July 15, 2021, 7:25 PM

Top News

Jay Peters / The Verge:
Valve announces Steam Deck, its long-rumored Switch-like handheld gaming device with a 7" touchscreen display, available in December from $399  —  It starts at $399  —  Valve just announced the Steam Deck, its long-rumored Switch-like handheld gaming device.  It will begin shipping in December.
Lorenzo Franceschi-Bicchierai / VICE:
Microsoft and Citizen Lab say government hackers from several countries have used spyware from Israeli vendor Candiru that uses two 0-day exploits in Windows  —  Microsoft and Citizen Lab found a new kind of spyware made by the mysterious Israeli vendor Candiru, and targeting someone in Europe based on their political beliefs.
Kellen Browning / New York Times:
Some tech workers who quit the Bay Area during the pandemic are trickling back, as Twitter reopens its SF HQ and, along with Google, plans to expand in the area  —  Critics said the pandemic would make the industry flee San Francisco and its southern neighbor, Silicon Valley.
Wall Street Journal:
TSMC says it expects shortage of chips used in cars to start easing in the next few months but broader semiconductor shortage could persist until 2022  —  A dearth of semiconductors has stymied manufacturing activity in the auto industry  —  Taiwan Semiconductor Manufacturing Co. …
Dave Gershgorn / The Verge:
The maker of a new documentary about Anthony Bourdain says he used AI to re-create Bourdain's voice and synthesized the audio of three quotes from the TV host  —  ‘We can have a documentary-ethics panel about it later’  —  In a new documentary, Roadrunner, about the life and tragic death …
Kurt Wagner / Bloomberg:
Dorsey says Square is creating a new business line with the aim of helping devs build decentralized financial services products, primarily focused on Bitcoin  —  Square Inc. is creating a new business line to help developers build financial services products focused on Bitcoin …
David Priest / CNET:
Facebook Messenger adds Soundmojis, which add audible expressions to emoji, accessible through a loudspeaker icon  —  Messenger chats are about to get louder. … Facebook on Thursday launched “Soundmojis” for its Messenger app.  The new feature adds the audible expressions to emoji …
Frank Bajak / Associated Press:
US announces anti-ransomware measures, including rewards of up to $10M for information about foreign state-sanctioned hackers targeting critical infrastructure  —  BOSTON (AP) — The State Department will offer rewards up to $10 million for information leading to the identification …
Hannah Murphy / Financial Times:
Facebook says it stopped a campaign by Iranian hackers, targeting about 200 defense and aerospace personnel, primarily from the US, using fake online personas  —  Social media group says fake online personas were created to trick victims into clicking malicious links
Antonio Regalado / MIT Technology Review:
Facebook discontinues a project to build an interface that uses brain signals to type, will instead focus on a wrist controller for VR that reads muscle signals  —  The spring of 2017 may be remembered as the coming-out party for Big Tech's campaign to get inside your head.
Kate Rooney / CNBC:
PayPal increases weekly cryptocurrency purchase limit fivefold to $100,000 and scraps its annual purchase limit of $50,000  —  - PayPal users can now buy $100,000 of bitcoin and other digital assets per week, up from a previous limit of $20,000.  — PayPal is also scrapping its annual purchase limit of $50,000.
Ted Johnson / Deadline:
White House says it is alerting Facebook about posts that spread COVID-19 misinfo; US surgeon general calls on social media companies to tackle health misinfo  —  As the rate of Covid-19 vaccination slows and cases rise again, U.S. Surgeon General Vivek Murthy called on tech platforms …
Ingrid Lunden / TechCrunch:
Revolut raises $800M Series E from SoftBank's Vision Fund 2 and Tiger Global at a valuation of $33B; Revolut was last valued at $5.5B in 2020  —  The fintech funding continues to roll in at a rapid pace, a result of the huge shift underway in how consumers spend and manage their money.
Bloomberg:
Sources: Scribd is in talks to go public as soon as this year, via an IPO in Q4 or through a merger with a SPAC, and could be valued at about $1B  —  Scribd Inc., an online platform for e-books, podcasts and audio books, is in discussions to go public as soon as this year, according to people with knowledge of the matter.
Tweets: @katie_roof
Meagan Simpson / BetaKit:
Auvik Networks, which develops cloud-based network management software, raises CAD $312M from Great Hill Partners, bringing its total raised to CAD $362M  —  United States-based private equity firm Great Hill Partners has acquired a majority stake in Auvik Networks as the Waterloo-based startup looks …
More: FinSMEsThanks:@megesimpson
Issie Lapowsky / Protocol:
In a 2020 diversity report, Twitter says women make up 43% of its staff and have equal salary to men in equivalent jobs, but only earn ~37% of its total payroll  —  Zoom's skyrocketing share price turned into a great payday for the videoconferencing employees who stuck around.  —  Biz Carson
Bloomberg:
Netflix hires ex-Facebook and EA exec Mike Verdu as VP of game development; source: Netflix plans to offer games as a new programming genre within the next year  —  Netflix Inc., marking its first big move beyond TV shows and films, is planning an expansion into video games and has hired …
Dean Takahashi / VentureBeat:
Genvid raises $113M Series C to build out its interactive live gaming events  —  Join executive leaders at the AI at the Edge & IoT Summit.  Watch now!  —  Genvid Holdings has raised $113 million to fuel massive interactive live events such as the upcoming Project Raven.

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