Techmeme
July 29, 2021, 3:45 PM

Top News

Maggie Fitzgerald / CNBC:
Robinhood opens flat in its trading debut, giving it a market valuation of ~$32B, after raising $2.1B in its IPO; its shares slipped as much as 10% after debut  —  - Robinhood's opening price was $38 per share, valuing the stock trading app at roughly $32 billion.
Ryne Hager / Android Police:
Google updates Play Store policies to ban apps offering “compensated sexual relationships”, likely impacting sugar daddy dating apps, beginning September 1  —  Today, Google published a handful of changes to its Play policies, and nestled among precise legalese refinements …
Karen Hao / MIT Technology Review:
Profile of Sophie Zhang, a former Facebook data scientist who wrote an exit memo detailing Facebook's inadequate steps to address global election misinformation  —  Sophie Zhang, a former data scientist at Facebook, revealed that it enables global political manipulation and has done little to stop it.
Jing Yang / Wall Street Journal:
Sources: Didi is considering going private in order to placate Chinese authorities and compensate investors for losses using money made during its IPO  —  Ride-hailing giant has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog
Tiernan Ray / ZDNet:
OpenAI introduces Triton 1.0, an open-source programming language for writing GPU code for neural networks, and claims it is easier to write than Nvidia's CUDA  —  SEO: Python-like language promises to be easier to write than native CUDA and specialized GPU code but has performance comparable …
Source: GitHub and OpenAIMore: InfoWorld
Wall Street Journal:
Mary Ann Azevedo / TechCrunch:
Eric Newcomer / Newcomer:
Profile of Bessemer Venture Partners, an early investor in Twilio and Shopify, as its competition with Andreessen Horowitz, Tiger Global, and SoftBank ramps up  —  Bessemer Venture Partners is a thoughtful firm in a world of loose money.  —  4 hr ago  —  In 2009, Ethan Kurzweil …
Harmeet Singh Walia / Counterpoint Research:
Global smartphone market grew 19% YoY in Q2 with 329M units shipped, led by Samsung with 58M units, Xiaomi with 53M, Apple with 49M, and Oppo with 34M  —  - Global smartphone market grew 19% YoY but declined by 7% QoQ as 329 million units were shipped, led by Samsung.
Chris Welch / The Verge:
Nothing Ear (1) wireless earbuds review: comfortable, unique transparent design and lots of features, but buggy performance and so-so noise cancellation  —  Standout design, noise cancellation, and wireless charging for $99  —  There's a lot riding on the Ear 1 wireless earbuds …
Makena Kelly / The Verge:
Senate reaches a deal on an infrastructure plan including $65B for broadband investments, $35B less than Biden's original plan; final vote still yet to happen  —  That's less than the original $100 billion plan  —  On Wednesday, bipartisan Senate negotiators reached a deal on an infrastructure package after weeks of tense discussion.
Nikhilesh De / CoinDesk:
Karissa Bell / Engadget:
Mark Zuckerberg says video now accounts for almost half the time spent on Facebook, and that Reels is the “largest contributor to engagement growth”  —  He wants Facebook to become a ‘metaverse company.’  —  Facebook users are spending a lot more time watching video …
Jordan Fabian / Bloomberg:
More than 90 CEOs, including Cook, Pichai, Jassy, and Zuckerberg, urge Congress to ensure citizenship for Dreamers, after a judge ruled against the program  —  - More than 90 executives seek legal status for Dreamers  — They say allowing citizenship would give U.S. economic boost
Steven Musil / CNET:
Samsung Q2: profit of $10.8B, up 54% YoY, on $55.2B revenue; its chips business accounted for nearly half the profit; mobile division revenue declined QoQ  —  Samsung's operating profit showed strong growth in the second quarter, thanks to higher-than-expected chip prices and continued consumer demand …
Jon Porter / The Verge:
Huawei announces P50 and P50 Pro, its first flagship phones with HarmonyOS, in China; Huawei executive says the phones lack 5G support due to US sanctions  —  Google's apps and services continue to be absent  —  Huawei has announced its latest flagship phones for the Chinese market, the P50 and P50 Pro.

Sponsor Posts

Upwork:
Key Takeaways from Season 1 of Work Unlocked  —  Look at work in a whole new way with insights from Work Unlocked, a podcast featuring business leaders, future-of-work experts, and freelancers helping to drive innovation.
Zoho:
Introducing receipt autoscan for Free and Standard plans in Zoho Expense  —  We know just how annoying it can be for your employees to carry around stacks of receipts and spend time entering them one by one into a spreadsheet.
Climate Draft:
Join, advise, or invest in climate startups in 2022  —  We're mobilizing top tech talent to work with leading climate startups.  Sign up to be the first to know about future Climate Drafts and how you can participate.
Techmeme Leaderboards:
Find out who the top reporters are in 43 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.
Techmeme Ride Home:
(TWTR SPC) That Feeling When You Almost Buy The Constitution
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 3:45 PM ET, July 29, 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

Kif Leswing / CNBC:
Patrick Klepek / VICE: