Techmeme
August 11, 2021, 2:57 PM

Top News

Ben Schoon / 9to5Google:
Samsung announces Galaxy Z Flip3 with an internal 6.7" 120Hz display, a 1.9" external screen, 8GB RAM, and Snapdragon 888, starting at $999, shipping August 27  —  One of the first thoughts around foldable smartphones is a high price tag, but that tune is changing.
Chris Welch / The Verge:
Samsung announces Galaxy Z Fold3 with a 7.6" 120Hz primary screen, S Pen support, 12GB RAM, and IPX8 water resistance, shipping August 27 for $1,799  —  The flagship foldable now has a 120Hz cover screen  —  It's August, and today is Samsung's latest big Unpacked event.
Dieter Bohn / The Verge:
Steve Dent / Engadget:
Instagram introduces anti-hate speech tools to let users limit comments and requests on popular posts, following abuse towards England soccer players  —  Instagram has introduced new features called Limits and Hidden Words designed to reduce hate and abuse on trending posts, the company  —  announced.
New York Times:
A look at the multi-year effort by English soccer organizations to push Facebook to crack down on hate speech against players, intensifying during Euro 2020  —  For more than two years, soccer officials pushed the social network to limit the invective.  As a new season begins, the hate continues.
Wolfie Zhao / The Block:
The attacker who stole $611M from Poly Network has now returned over $256M in USDC, BTCB, SHIBA, and others, after saying they were “ready to surrender”  —  Quick Take  — Poly Network attacker has started returning the funds that were stolen in the largest DeFi hack to date.
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 …
Alex Heath / The Verge:
Facebook claims it is undertaking a “very meaningful pivot”, still in its infancy, to change how its ad tools work with a focus on privacy  —  A ‘very meaningful pivot’ is underway inside the world's largest social network  —  Facebook's massive business was built on its ability to track users across the internet.
John D. McKinnon / Wall Street Journal:
Three US senators unveil the bipartisan Open App Markets Act, which would force app stores to allow sideloading and let developers use their own IAP systems  —  Legislation would place new limits on how Apple and Google app stores can operate  —  WASHINGTON—Senators introduced legislation Wednesday …
Jon Porter / The Verge:
Samsung announces Galaxy Watch4, starting at $249, and Galaxy Watch4 Classic, starting at $349, both with “Wear OS Powered by Samsung”, shipping August 27  —  Samsung and Google's smartwatch collaboration is here  —  Today we're getting our first look at the fruits …
Cherlynn Low / Engadget:
Filipe Espósito / 9to5Mac:
Internal iOS 15 code and animations show Apple will let users link AirPods to the Find My network; the headphones will use Bluetooth to show a location  —  Apple has announced multiple new features for AirPods users with iOS 15, which includes Conversation Boost for AirPods Pro and true Find My support for the first time.
Reed Albergotti / Washington Post:
Court docs: Apple settles its 2019 lawsuit against Corellium over Corellium's “virtualized” iPhone business; Corellium says it still sells virtual iOS devices  —  Apple accused Corellium of violating its copyrights with virtual iPhones used for security research
David Carnoy / CNET:
Samsung announces $150 Galaxy Buds 2 with active noise cancellation and a similar design to the Galaxy Buds Pro, available August 27  —  The latest Samsung true-wireless earbuds are essentially mini versions of the more expensive Galaxy Buds Pro. … Samsung's Galaxy Buds 2 earbuds …
CNBC:
Amazon opens its $1.5B, 600-acre air hub in northern Kentucky, capable of handling 100 planes and 200 flights per day, as it ramps up delivery speeds  —  - Amazon on Wednesday debuted its $1.5 billion air hub in Northern Kentucky.  — The hub will serve as the central nerve …
Jon Fingas / Engadget:
WhatsApp will let users move their chat history, including photos and voice notes, between iOS and Android devices, starting with new Galaxy models  —  WhatsApp is finally addressing one of the biggest problems with its  —  chat histories: the inability to carry them over when you switch platforms.
Stephen Shankland / CNET:
Facebook open sources Time Card, its PCIe-based timekeeping tool that uses atomic clocks and navigation satellites to keep devices and data centers in sync  —  The social network giant gives away its hardware and software designs that can keep data centers humming efficiently.
Elizabeth Culliford / Reuters:
Facebook says it has removed a network of accounts from Russia linked to a UK marketing firm that pushed anti-vaccine content using Planet of the Apes memes  —  Facebook (FB.O) said on Tuesday it had removed a network of accounts from Russia that it linked to a marketing firm which aimed …
Joe Light / Bloomberg:
Coinbase amends claims on its website that USDC is backed 1:1 by USD, after Circle disclosed in July that commercial paper and other assets back USDC  —  - Some assets of second-largest stablecoin carry default risk  — Coinbase as late as this month claimed coin is backed by cash
MacKenzie Sigalos / CNBC:
Coinbase reports $2.23B in Q2 revenue, vs $1.78B est., and net profit of $1.6B, up nearly 4,900% YoY, following volatile stretch of cryptocurrency trading  —  - In Q2, Coinbase brought in $2.23 billion of revenue vs. $1.78 billion expected by Refinitiv.  — It also reported a profit per share of $6.42.

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