Techmeme
August 10, 2021, 3:25 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans a modest iPhone update, with a smaller notch, faster refresh rate, and camera upgrades, including ProRes recording and video Portrait mode  —  - Company plans video Portrait mode and higher-quality recording  — New models to include smaller display cutout and faster chip
Jon Porter / The Verge:
Google will let under 18s delist photos by request, restrict ad targeting of children based on age, gender, or interests, and more  —  As part of a new series of protections for kids under 18  —  Google will no longer allow ad targeting of children based on their age, gender …
Nikhilesh De / CoinDesk:
Senate sends $1T infrastructure bill to the House after a 69-30 vote; the bill contains a controversial cryptocurrency tax provision critics see as too broad  —  The bill contains a broad definition of “broker” for crypto tax reporting requirements that lawmakers and industry advocates sought to change over the past week.
Jeff Benson / Decrypt:
The latest cryptocurrency compromise amendment to Senate's infrastructure bill fails to reach a vote after Sen. Shelby files an objection over military spending  —  The Senate rejected an amendment championed by the cryptocurrency industry that exempts non-custodial crypto actors …
New York Times:
Inside the rift between the White House and Facebook over vaccine misinformation, as the administration grew frustrated with Facebook's lack of transparency  —  Frustrations grew behind the scenes among top leaders on both sides, potentially hurting the government's efforts to overcome the pandemic.
Tim Copeland / The Block:
Group behind Poly Network, a cross-chain protocol used for DeFi applications, says a hacker has stolen $611M; one researcher blames the attack on a crypto flaw  —  Quick Take  — Cross-chain protocol Poly Network has been hacked for $611 million.  — The team behind the protocol …
Danielle Kaye / Reuters:
According to an internal Google pay calculator, staff who choose to work from home will likely get a pay cut, especially those who commuted over long distances  —  Google employees based in the same office before the pandemic could see different changes in pay if they switch to working from home permanently …
Twitter:
Analysis of tweets about Euro 2020, including racist abuse towards England players: 99% of accounts suspended were not anonymous and most abuse came from the UK  —  In February this year, we outlined the steps we have been taking to combat racist abuse on Twitter.
Sarah Perez / TechCrunch:
Venmo will let credit cardholders automatically buy cryptocurrency with the cash back they earn and says there will be no associated transaction fees  —  PayPal-owned Venmo is expanding its support for cryptocurrency with today's launch of a new feature that will allow users …
Davey Alba / New York Times:
Twitter suspends Rep. Marjorie Taylor Greene for seven days over vaccine misinfo, saying it is her fourth strike and another offense could lead to permanent ban  —  Twitter on Tuesday suspended Representative Marjorie Taylor Greene, Republican of Georgia, from its service for seven days …
Joanna Ossinger / Bloomberg:
Helium, a P2P 5G wireless network startup, raises $111M in an a16z-led token sale, says it has 116K+ wireless hotspots in 11K cities with 500K more back-ordered  —  - Napster's Shawn Fanning co-founded firm with Amir Haleem  — Ribbit, Alameda, Multicoin among participants in the round
Ben Lovejoy / 9to5Mac:
Apple publishes a CSAM FAQ to address misconceptions and concerns about photo scanning  —  Apple has responded to misconceptions and concerns about its photo scanning announcements by publishing a CSAM FAQ - answering frequently asked questions about the features.
Ben Thompson / Stratechery:
Dan Seifert / The Verge:
HP announces two Chrome OS PCs: all-in-one Chromebase AiO, with a 21.5" rotating touchscreen, and Chromebook x2 11, with a detachable display, both from $600  —  Plus a new Works With Chromebook-certified USB-C monitor  —  HP is announcing two new Chrome OS computers for its consumer-focused lineup.
Taylor Lorenz / New York Times:
How text-heavy meme posts, often paired with nonsensical, low-quality images, have begun sweeping through Instagram, thanks largely to Gen-Z accounts  —  Fueled by Gen Z, text-heavy meme posts, often paired with nonsensically unrelated pictures, are turning the photo and video app into a destination for written expression.
Chris Welch / The Verge:
TCL, which has long been the flagbearer of Roku TVs, launches new TVs with Google TV, saying it wants to give consumers more choice and it isn't abandoning Roku  —  The company insists this is about choice and says it's not leaving Roku behind  —  TCL has long been the flag bearer of Roku TVs.
Sara Fischer / Axios:
Salesforce launches Salesforce+, a free streaming service aimed at business professionals, with original programming from Salesforce and eventually its clients  —  Salesforce is the latest tech giant to venture into video streaming with the launch of a new service aimed at business professionals …
Insider:
Robinhood buys Say Technologies, which has raised $8M and whose service helps stock shareholders exercise their voting rights, in a $140M cash deal  —  - Companies with large retail-investor bases face difficulties reaching a quorum in shareholder votes.  — On Tuesday, Robinhood announced plans …
Reuters:
Shares of Krafton, the game studio behind PUBG, fell as much as 20% after it raised $3.8B in its Seoul IPO at a valuation of ~$19B, likely due to China concerns  —  Shares in Krafton Inc (259960.KS), the Tencent Holdings-backed (0700.HK) South Korean company behind blockbuster video game …

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Reuters:
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Earlier Picks

Dave Lee / Financial Times:
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Sam Byford / The Verge:
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Stephen Shankland / CNET: