Techmeme
July 15, 2021, 12:15 PM

Top News

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 …
Antonio Regalado / MIT Technology Review:
Facebook says it is ending a project to build a head-mounted brain-typing device and will instead focus on a wrist controller for VR that reads muscle signals  —  The company's research into a mind-reading device is over, for now.  Some scientists said it was never possible anyway.
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. …
Alex Heath / The Verge:
Twitter says it will retire Fleets, its Stories-like service, on August 3 after low adoption  —  A fleeting moment for Fleets  —  Say goodbye to Fleets, the row of fullscreen tweets at the top of the Twitter timeline that expire after 24 hours.  The ephemeral tweet format is shutting …
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.
Jackson Palmer / @ummjackson:
[Thread] Jackson Palmer, a Dogecoin co-creator, says crypto primarily amplifies the wealth of its proponents via tax avoidance, limited regulatory oversight  —  I am often asked if I will “return to cryptocurrency” or begin regularly sharing my thoughts on the topic again. My answer is a wholehearted “no”, but to avoid repeating myself I figure it might be worthwhile briefly explaining why here...
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 …
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.
Reuters:
US Consumer Product Safety Commission has sued Amazon to force it to recall hazardous products sold on its site, including 24K faulty carbon monoxide detectors  —  The U.S. Consumer Product Safety Commission (CPSC) said on Wednesday it has sued Amazon.com Inc (AMZN.O) to force the retailer …
Dieter Bohn / The Verge:
Android 12 Beta 3 introduces scrolling screenshots, a faster auto-rotate using face detection to determine the phone's orientation, and more new features  —  Plus, it will finally support scrolling screenshots  —  Google is releasing the latest beta for Android 12 right on schedule.
Manish Singh / TechCrunch:
WhatsApp begins a limited beta for multi-device support, letting users access WhatsApp on up to four non-phone devices without an active smartphone connection  —  WhatsApp is finally pushing an improvement to a key feature that even the Facebook-owned instant messaging service acknowledges has been a top request from users for years.
Dan Primack / Axios:
Sources: Miami-based OpenStore, which acquires Shopify merchants, raises $30M Series A led by Khosla Ventures at a post-money valuation of around $250M  —  OpenStore, a Miami-based rollup of Shopify merchants, raised $30 million in Series A funding led by Khosla Ventures at around a $250 million post-money valuation, Axios has learned.
Tom Warren / The Verge:
Microsoft announces Windows 365, letting businesses stream a version of Windows 10 or 11 in a web browser or through its Remote Desktop app, launching August 2  —  Windows 365 is a new service that creates Cloud PCs  —  Microsoft is putting Windows in the cloud.
Bloomberg:
European Central Bank says it will begin a 24-month “investigation phase” that could lead to the creation of a digital euro by around 2025  —  - Process will take 24 months before decision on adoption taken  — ECB says infrastructure would use far less energy than Bitcoin
Rebecca Bellan / TechCrunch:
Netradyne, which uses cameras and edge computing to give commercial vehicle drivers real-time feedback, raises $150M Series C, bringing total funding to $197M+  —  Netradyne, a startup that uses cameras and edge computing to improve commercial driver safety, has scored $150 million in Series C funding.
More: FinSMEs
Manish Singh / TechCrunch:
India-based news aggregator app Inshorts raises $60M, sources say at a $550M valuation, as its social network app Public gains popularity in the country  —  Indian startup Inshorts, which operates an eponymous news aggregator service, has raised $60 million in a new financing round as its two-year-old bet …
Reuters:
Amplitude, an analytics startup helping companies optimize products, confidentially files for a US direct listing, a month after raising $150M at $4B valuation  —  Tencent Holdings Ltd-backed Amplitude said on Wednesday it had confidentially filed paperwork for a direct listing in the United States …
Kyle Wiggers / VentureBeat:
Teikametrics, a Boston-based startup that helps third-party sellers optimize advertising campaigns on Amazon and other ecommerce platforms, raises $40M Series B  —  Join executive leaders at the Conversational AI & Intelligent AI Assistants Summit, presented by Five9.  Watch now!
Wall Street Journal:
Avast says it is in advanced talks to merge with NortonLifeLock in a cash and stock deal; Avast has a market value of ~$7.2B  —  Cybersecurity firm Avast has market value of $7.2 billion  —  NortonLifeLock Inc. is in talks to buy cybersecurity firm Avast Plc in a deal that would expand the U.S. company's focus on consumer software.
More: TechRadarTweets: @campuscodi

Sponsor Posts

Google Workspace:
See how it's done with Google Workspace  —  Whether you're a team of 10 or 10,000, Google Workspace has all the tools you need to connect, create and collaborate.
Niantic Lightship ARDK:
AR App Development Evolved: Join Niantic November 8, 2021  —  Create your own AR Real-World Metaverse with the Niantic Lightship ARDK.  Be part of the launch and join our virtual keynote November 8, 2021.
Arm DevSummit:
Spark the World's Potential at Arm DevSummit 2021  —  Gain priceless insights and build inimitable connections with industry-leading developers and engineers at the virtual event where hardware and software join forces.
Zoho:
Zoho Sign for iOS 15 and iPadOS 15: Smarter widgets, keyboard shortcuts and more  —  Apple unveiled iOS 15 and iPadOS 15 at their WWDC event in June this year where the talk was all about focus and user experience.
Techmeme Ride Home:
Startups! Send Your Pitch Decks (And How ANY Listener Can Participate)
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 12:15 PM ET, July 15, 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

Earlier Picks

Juli Clover / MacRumors:
Ashley Carman / The Verge:
Taylor Lorenz / New York Times:
Casey Newton / Platformer:
Brent Kendall / Wall Street Journal:
Kevin Roose / New York Times: