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August 10, 2021, 3:55 PM
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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
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 …
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
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.
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 …
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 …
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:
Apple's plan to find CSAM should have centered around scanning images on iCloud servers, not on users' devices, where there is a greater expectation of privacy
Sam Byford / The Verge:
Xiaomi announces the Mix 4 smartphone with a bezel-less design and an under-display selfie camera, launching in China for ~$770  —  The first new Mi Mix in years  —  Xiaomi has announced the Mix 4, the first phone in the Mi Mix series to be announced in nearly three years.
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.
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 …
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 …
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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This is a Techmeme archive page. It shows how the site appeared at 3:55 PM ET, August 10, 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.

From Mediagazer

Minho Kim / New York Times:
Sarah B. Rogers, Trump's nominee to lead USAGM, says she would reinstate some agency employees; if confirmed, she would still serve in the State Department

Wall Street Journal:
UMG shares fall 25%, the record company's worst day since its 2021 IPO, following disappointing Q2 results; UMG is down 40%+ over the past 12 months

Gene Maddaus / Variety:
Swiss film producer Simon Afram sues Netflix for $105M, saying Netflix lost an unencrypted copy of a film starring Nicolas Cage that he spent $45M to produce

More News

Reuters:
US prisons are exploring the use of AI to analyze inmates' phone calls, a practice privacy advocates say could amplify racial bias in the justice system
More: TNW.  Tweets: @aaschapiro, @onekade, @lanceulanoff, and @foxcahn

Earlier Picks

Dave Lee / Financial Times:
Amazon says it will pay up to $1,000 in damages for dangerous goods sold by third-party merchants starting September 1 in the US
Sam Nussey / Reuters:
SoftBank's Vision Fund reports Q1 profit of $2.14B and says it made 47 new investments worth $14.2B; Facebook and Microsoft are no longer listed as investments
Sam Byford / The Verge:
Samsung unveils the 5nm Exynos W920 for wearables, featuring two Cortex-A55 cores and a Mali-G68 GPU, and claims 20% better CPU and 10x better GPU performance
Zoe Schiffer / The Verge:
Labor lawyers say Apple has violated worker protections by shutting down three employee-run surveys on women and underrepresented minorities' pay equity
Stephen Shankland / CNET:
Twitter's photo cropping algorithm favors people with slimmer, younger-looking faces, and lighter skin; a researcher was awarded $3,500 for the discovery
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