Techmeme
August 2, 2021, 12:50 PM

Top News

Dieter Bohn / The Verge:
Google unveils Pixel 6, with 6.4" FHD+ 90Hz display, and Pixel 6 Pro, with 6.7" QHD+ 120Hz display and 4x optical zoom, featuring a Google-designed Tensor SoC  —  Google's new Tensor SoC is the heart of its next phone  —  Google is announcing the Pixel 6 and Pixel 6 Pro today …
Sam Rutherford / Gizmodo:
Greg Ahlstrand / CoinDesk:
Square reports Q2 revenue of $4.88B, up 143% YoY; Cash App's bitcoin yearly revenue was $2.72B, up 200%, as Square's bitcoin holdings had a $45M impairment loss  —  Cash App's bitcoin gross profit rose to $55 million, Square said in its Q2 letter to shareholders.
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 …
Jon Porter / The Verge:
YouTube trials Premium Lite subscription for €6.99/month, offering ad-free viewing across all major platforms, currently available in Europe  —  Currently being piloted in parts of Europe  —  Google is piloting a more affordable premium subscription tier for YouTube …
Olivia Solon / NBC News:
Female journalists and activists share how they were targeted and harassed by authoritarian regimes through hack-and-leak attacks using the Pegasus spyware  —  Ghada Oueiss, a Lebanese broadcast journalist at Al-Jazeera, was eating dinner at home with her husband last June when she received …
Politico:
Pro-Trump social network GETTR is awash with Islamic State propaganda, including graphic videos of beheadings and memes of a militant executing Trump  —  GETTR, the new platform started by members of the former president's inner circle, is awash with beheading videos and extremist content.
New Statesman:
Investigation: in the last five years, six EU academic institutes received tens of millions of pounds in funding from Google, Facebook, Amazon, and Microsoft  —  The search giant has provided tens of millions of pounds of funding to academics investigating issues closely related to its business model.
Dr. Ian Cutress / AnandTech:
A now-deleted tweet by an Intel executive suggests Thunderbolt 5 could double the bandwidth of existing Thunderbolt 4 and USB 4 connections to 80 Gbps  —  An executive visiting various research divisions across the globe isn't necessarily new, but with a focus on social media driving named individuals …
Catalin Cimpanu / The Record:
Researchers say a collection of nine vulnerabilities impact pneumatic tube systems installed in ~80% of all major US hospitals  —  Details have been published today about a collection of nine vulnerabilities known as PwnedPiper that impact common a type of medical equipment that's installed …
Sifted:
Current and former employees at German grocery delivery startup Gorillas describe arbitrary firings and exploitation of riders and warehouse workers  —  “It's like the new WeWork story,” says Ben*, who joined Gorillas' operations team last summer in Berlin.  —  The comparison to coworking company WeWork is a brutal one.
Ryan Browne / CNBC:
Estonian ride hailing startup Bolt, formerly known as Taxify, raises $713M at a ~$4.75B valuation, led by Sequoia, Tekne, and Ghisallo  —  - Estonian ride-hailing start-up Bolt has raised $713 million in fresh funding to push into the rapidly-growing online grocery delivery industry.
Heather Somerville / Wall Street Journal:
Non-VC funds invested in a record 42% of tech startup funding deals in Q2 2021; H1 '21 US startup funding was $150B, with FY 2021 on pace to double 2020's total  —  Hedge, mutual and pension funds are investing heavily, leading to higher valuations and more leverage for company founders
Leah Nylen / Politico:
Sources: FTC's lead economics expert in its antitrust case against Facebook, Carl Shapiro, has parted ways with the agency as it prepares to refile its case  —  Economics consultant Carl Shapiro, who hasn't commented on why he left the case, has a history of ideological differences with agency Chair Lina Khan.
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 …

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More News

Ingrid Lunden / TechCrunch:
Emmanuel Akinwotu / The Guardian:

Earlier Picks

Zheping Huang / Bloomberg:
Brent Lang / Variety:
Manish Singh / TechCrunch:
Maya Wolfe-Robinson / The Guardian:
Stitch / The Verge: