Techmeme
July 22, 2021, 5:55 PM

Top News

Makena Kelly / The Verge:
Two Democratic senators introduce a bill to strip away social media platforms' Section 230 liability shield if they amplify harmful public health misinformation  —  A new bill would make Facebook liable for misinformation  —  As coronavirus cases rise in unvaccinated populations …
Casey Newton / The Verge:
Q&A with Zuckerberg about his vision for the metaverse and its potential to further splinter our sense of shared reality, Biden's comments about Facebook, more  —  As June came to an end, Facebook CEO Mark Zuckerberg told his employees about an ambitious new initiative.
Chance Miller / 9to5Mac:
Several major websites and services were down on Thursday, including PlayStation Network, Steam, and UPS, due to issues with Akamai's Edge DNS service  —  Update 12:48 p.m. ET: Akamai says it has implemented a fix for the issue.  “We have implemented a fix for this issue …
Edwin Chan / Bloomberg:
Sources: China sees Didi's decision to go public despite pushback from regulators as a challenge to its authority and is considering unprecedented penalties  —  - Regulators weigh several penalties, from fine to delisting  — Ride-hailing startup raised $4.4 billion in U.S. listing
Nature:
Arm details PlasticARM, a 32-bit processor built on a flexible substrate, that it says can lead to embedding of low-cost, ultrathin chips into everyday objects  —  - John Biggs 1, - James Myers 1, - Jedrzej Kufel 1, - Emre Ozer  —  Abstract  —  Nearly 50 years ago, Intel created the world's …
James Vincent / The Verge:
DeepMind says it used AI to create a “transformative” map of human proteins; some compare the potential impact of the work to that of the Human Genome Project  —  DeepMind plans to release hundreds of millions of protein structures for free  —  AI research lab DeepMind has created …
Jordan Novet / CNBC:
Twitter beats with Q2 revenue of $1.19B, up 74% YoY, vs $1.07B est., ad revenue of $1.05B, up 87% YoY, and mDAUs of 206M, up 11% YoY; stock is up 8%+  —  - Twitter's revenue growth accelerated and surpassed analysts' expectations.  — The social-media company introduced its first subscription service in the quarter.
Matthew Gault / VICE:
Old stories on news sites including WaPo are displaying embedded porn videos after the domain for the defunct video service Vidme was bought by a porn company  —  Stories on major news sites like ‘The Washington Post,’ and ‘New York Magazine’ currently have porn embedded in them.
Tweets: @s_m_i and @taylorlorenz
Shoshana Wodinsky / Gizmodo:
Grindr has a track record of saying that data shared with brokers is encrypted and unidentifiable, despite the use of such data to out a Catholic priest, others  —  The latest scandal to rock the Catholic Church was both incredibly unnerving and entirely preventable.  Why isn't anyone doing anything about it?
Bloomberg Law:
California Department of Fair Employment and Housing has sued Activision Blizzard for sexual harassment of and discrimination against its female staff  —  Video game giant Activision Blizzard Inc., maker of games including World of Warcraft and Diablo, fosters a “frat boy” …
Catalin Cimpanu / The Record:
Kaseya says it obtained a universal decryptor for the REvil ransomware and is helping customers recover their data; it is unclear if Kaseya paid the ransom  —  Remote management software vendor Kaseya said today it obtained a universal decryptor for the REvil ransomware and is now in the process …
Chance Miller / 9to5Mac:
Twitter is testing a way to downvote replies on iOS to understand the types of replies users find relevant to a conversation; downvotes won't be public  —  Last year, Twitter's chief product officer Kayvon Beykpour confirmed that the social network was “exploring” the idea of adding a dislike button to the app.
Ryan Browne / CNBC:
Visa buys Currencycloud, which sells software for banks and fintech companies to process cross-border payments, in a deal valuing the UK startup at £700M  —  - Visa is buying Currencycloud in a deal valuing the British payments start-up at £700 million.
Jessica Bursztynsky / CNBC:
Uber Freight to acquire Transplace, which makes transportation management software, from TPG, in a deal that values Transplace at $2.25B  —  - Uber Freight, the rideshare company's trucking division, said Thursday it's acquiring Transplace in a deal that values the transportation logistics company at $2.25 billion.
Dieter Bohn / The Verge:
Google's unified smartwatch platform with Samsung to be called Wear OS 3 and come as an update to a few watches in H2 2020, not including any Tizen watches  —  Only a few current watches will get it, but not until late 2022  —  Google has finally given its new, unified smartwatch platform a name — and it's an obvious one: Wear OS 3.
Natasha Mascarenhas / TechCrunch:
Index Ventures closes a $900M early-stage fund, a $2B growth-stage fund, and a $200M seed-stage fund, giving Index $3B in new capital, its largest tranche yet  —  Index Ventures has closed a trio of new funds: a $900 million early-stage fund, a $2 billion growth-stage fund and a previously announced $200 million seed-stage fund.
Jonathan Greig / ZDNet:
Analysis: 740 organizations faced ransomware attacks and had their data posted to leak sites in Q2 2021, up 47% QoQ; attacks on retail sector grew 183% QoQ  —  Digital Shadows' Q2 ransomware report highlighted that the number of victims posted to data leak sites increased by 47% compared to Q1.
Makena Kelly / The Verge:
The FTC formally pledges to fight unlawful right-to-repair restrictions, says it will use its power to lower repair costs and support independent repair shops  —  It comes days after the White House endorsed similar rules  —  The Federal Trade Commission formally pledged to take on unlawful …

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