Techmeme
August 2, 2021, 1:35 AM

Top News

Reuters:
Square says it's buying Australia-based buy now, pay later service Afterpay for $29B in an all-stock deal, paying a 30% premium on Afterpay's last closing  —  U.S. fintech company Square Inc (SQ.N) said on Monday it had agreed to purchase Australian buy now/pay later giant Afterpay Ltd …
Jonathan Stempel / Reuters:
Zoom agrees to pay $85M and bolster its security practices to settle a class action lawsuit over alleged user privacy violations and Zoombombing  —  Zoom Video Communications Inc (ZM.O) agreed to pay $85 million and bolster its security practices to settle a lawsuit claiming …
Francis Agustin / Insider:
Filings: Starlink has secured a license to build a satellite ground station on the Isle of Man, aiming to provide “blanket coverage” across Great Britain  —  - Elon Musk's Starlink will seek to provide high-speed internet across Great Britain, the Telegraph first reported.
Source: Telegraph
Stitch / The Verge:
Some K-pop stars are bypassing Twitter and Facebook to create platforms for fans, like Universe, which features AI-generated voice calls with the idols  —  Fandom has changed a lot since I was a kid.  As a tween, I had no hope of getting in touch with celebrities I adored like Britney Spears and Whitney Houston.
Kyle Chayka / New Yorker:
Profile of Bored Ape Yacht Club, an NFT collection that sold for $2M+ in April, spawned a collector community, and has since seen ~$100M in trading activity  —  N.F.T. clubs are all the rage among cryptocurrency enthusiasts.  Are they a get-rich-quick scheme or the future of culture?
John Herrman / New York Times:
After a decade of online identities coming under increasingly centralized control, online anonymity is starting to look like a threatened privilege than a right  —  Reconsidering pseudonymity and what it means to “be yourself” online.  —  In early July, when England's soccer team lost …
Brent Lang / Variety:
Profile of Netflix's head of movies Scott Stuber, who has grown original film output from 21 in 2016 to 70+ in 2021, as it makes deals with Spielberg and others  —  Two years ago, the legendary director reportedly opposed the idea that streaming films should qualify for Oscars.
Manish Singh / TechCrunch:
Bangalore-based online learning startup Unacademy raises $440M round led by Temasek at a $3.44B valuation  —  Unacademy has raised $440 million in a new financing round as the Indian online learning startup looks to expand into multiple additional categories.
Maya Wolfe-Robinson / The Guardian:
Report: Facebook, Twitter, Instagram, YouTube, and TikTok failed to act on 84% of posts spreading anti-Semitism reported via their own complaint systems  —  Facebook, Twitter, Instagram, Youtube and TikTok failing to act on most reported anti-Jewish posts, says study
Molly Wood / The Atlantic:
Microsoft is avoiding antitrust scrutiny by rebranding itself as nice and boring, even as it reverts to some of the behaviors that led to prosecution the '90s  —  How has Microsoft escaped the scrutiny of reinvigorated antitrust regulators?  —  About the author: Molly Wood is the host …

Sponsor Posts

Tribe AI:
“Data science is the last mile innovation for almost every industry on the planet.”  —  Turn your data into key insights with a handpicked team of top ML engineers, flexible engagements, and projects scoped for max impact.
Zoho:
Choosing the right chart type for your presentation  —  Using charts in a presentation is an effective way to get your audience to analyze and understand the relationship between various data sets.
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:
Mon. 12/06 - DoorDash Tries Something Radical: Employees
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 1:35 AM ET, August 2, 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

Associated Press: