|
August 12, 2021, 3:50 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| Felix Salmon / Axios: |
Circle announces intention to become a bank, fully regulated by Federal Reserve, OCC, and FDIC, which could make USDC a de facto central bank digital currency — Crypto giant Circle has announced its intention to become a bank, fully regulated by the Federal Reserve, the Office of the Comptroller of the Currency, and the FDIC.| Mike Isaac / New York Times: |
Reddit raises $410M+ led by Fidelity Investments at a $10B+ valuation, up from $6B six months ago when it raised $250M; the new round could reach ~$700M — Reddit, the virtual town square of the consumer internet, has raised a fresh $410 million in funding, valuing it at more than $10 billion, the company said on Thursday.
Source:
Upvoted. More:
The Verge, SiliconANGLE, TechCrunch, Financial Times, Wall Street Journal, Insider, Tubefilter, Bloomberg, Input, The Wrap, Variety, and Reuters
Tweets: @jasoncosta, @akianastasiou, @johnlegere, @apompliano, @bowknowsbiz, @adamsinger, @juiceboxca, @austinj, @bowknowsbiz, and @sarafischer
| Naman Ramachandran / Variety: |
UK's CMA says it has provisionally found that Facebook's Giphy acquisition could negatively impact competition, such as by denying competitors access to GIFs — The merger of social media giant Facebook and Giphy, the largest provider of GIFs, has run into a roadblock from the U.K.'s Competition and Markets Authority (CMA).
More:
GOV.UK, The Guardian, Ars Technica, BBC, Financial Times, CNBC, Wall Street Journal, PCMag, CNET, Protocol, Reuters, CNN, Techaeris, Engadget, Neowin, Tech Xplore, The Hill, Associated Press, Coinspeaker, and Forbes
Tweets: @shortformernie, @s8mb, @s8mb, @s8mb, @b_fung, @seyitaylor, @alexeheath, @alexeheath, and @b_fung
| Simon Evans / Reuters: |
Lionel Messi's new contract with Paris St Germain includes a “large number” of crypto $PSG Fan Tokens from Socios.com, which let holders vote on minor decisions — Argentine soccer star Lionel Messi's transfer to French club Paris St Germain included a payment in cryptocurrency fan tokens …
More:
EN.PSG.FR, CoinDesk, The Block, Cointelegraph, Bitcoinist.com, Cointelegraph, Yahoo Finance, Forbes, CoinJournal, New York Post, Crypto Briefing, Reuters, Decrypt, Cryptonews, CNBC, cryptodaily.co.uk, and Neowin
Tweets: @footballelixir, @footballelixir, @socios, @oscarwgrut, @oscarwgrut, and @mdudas
| Sarah Perez / TechCrunch: |
TikTok details upcoming protections for users aged 13 to 17, including turning in-app messaging off by default and changes to notifications — TikTok today becomes the latest tech company to roll out increased protections for minors on its platform in the wake of increased regulatory scrutiny.
More:
TikTok, CNET, The Guardian, PCMag, Axios, Engadget, Forbes, USA Today, Neowin, iDownloadBlog.com, 9to5Mac, BBC, Reuters, and TechSpot
Tweets: @frankcatalano and @mshannahmurphy
| Joseph Cox / VICE: |
Google says it banned location data company SafeGraph in early June, meaning apps using SafeGuard location SDK had to remove it — SafeGraph sells smartphone location data to essentially anyone. Google banned the company in June. — Joseph Cox — Google has banned SafeGraph …
More:
Engadget and The Verge
Tweets: @josephfcox, @josephfcox, @josephfcox, @jshermcyber, @josephfcox, @wolfiechristl, @mikereyes, @josephfcox, and @jason_koebler
| Gael Fashingbauer Cooper / CNET: |
Twitter rolls out a web and app redesign, implementing its first proprietary font, Chirp, high-contrast black and white follow and unfollow buttons, and more — It's inevitable: Twitter changes Twitter, and Twitter users complain on Twitter. But does Chirp make you feel like a woodpecker is pounding on your skull?
More:
Twitter, TechCrunch, Tom's Guide, The Verge, iPhone in Canada Blog, TestingCatalog, Android Central, Wccftech, Memeburn, PCMag, BGR India, Firstpost Tech, TechRadar, TNW, Social Media Today, and Pixel Envy
Tweets: @twitterdesign, @twitter, @johnkoetsier, @twittera11y, @bloops_, @twitterdesign, @queer_queenie, @favoniussol, @jennschiffer, @cnet, @wongmjane, @patrickmoorhead, @davewiner, @twitterdesign, @twitterdesign, @dcurtis, @gavreilly, @twitterdesign, @andrew3lash, @ztsamudzi, @dantley, @joshwcomeau, @rkrigney, @cmclymer, @revrrlewis, @andraydomise, @shoe0nhead, @andraydomise, @_psot, and @inflatabird
| Nathan Grayson / Washington Post: |
Thousands of marginalized streamers implore Twitch to counter “hate raids”, where groups of malicious users fill a streamer's chat with targeted abuse — During an Aug. 6 broadcast, the Twitch streamer RekItRaven — who is Black and uses they/them pronouns …
More:
Gizmodo, GamesIndustry.biz, afrotech.com, PC Gamer, Kotaku, and Gamasutra
Tweets: @twitch, @twitch, @vahn16, @iambrandontv, @cypheroftyr, and @twitch
| Jason Schreier / Bloomberg: |
In an internal memo, Amazon drops guidelines that claimed ownership rights to video games made by staff after work hours, following criticism from developers — - Memo from Game Studios chief suggests rules were too broad — Company previously claimed rights to games made outside work| Joseph Cox / VICE: |
Internal docs: Amazon plans to monitor keyboard strokes and mouse movements of customer service staff to stop rogue workers or hackers accessing customer data — An internal document also mentions cases where imposters have stolen Amazon customer data. — Joseph Cox
More:
HotHardware.com News and Engadget
Tweets: @josephfcox, @sarahbmyers, @josephfcox, @josephfcox, @josephfcox, @lainnafader, @josephfcox, and @cdibona
| Kelly Gilblom / Bloomberg: |
Study of 6K websites and 900 apps that host pirated movies and TV finds they make ~$1.3B per year from ads, including from ads by Amazon, Facebook, and Google — - Stolen-content providers make $1.3 billion a year, study says — Amazon, Facebook, Google contribute ads to the websites| Andrew Deck / Rest of World: |
As Substack expands abroad, writers say it needs local payment options and customer service in other languages; some worry about legal support in hostile states — From India to Brazil, Substack is awarding grants and lending journalists editorial resources. How far will that support really go?
Tweets: @decka227, @dlberes, @wexler, @cengizyar, @kixes, @lmatsakis, @lmatsakis, @mccarthyryanj, @jason_koebler, @wongmjane, @ranaayyub, @iatalkspace, @lmatsakis, and @mvzelenks
| Mary Ann Azevedo / TechCrunch: |
Agora, a materials management platform for building contractors, raises $33M Series B led by Tiger Global, bringing its total raised to about $45M — Agora, a startup that has built a materials management platform for contractors, has raised $33 million in a Series B round of funding led by Tiger Global Management.| Christine Hall / TechCrunch: |
Talkdesk, which provides cloud-based call center software, raises $230M Series D at a $10B valuation, following $143M Series C at a $3B valuation from last July — Talkdesk, a provider of cloud-based contact center software, announced $230 million in new Series D funding that more than triples …
More:
VentureBeat, Wall Street Journal, Business Wire, Crunchbase News, and Reuters
| Bloomberg: |
Facebook delays its office reopenings in the US until January 2022; Facebook originally hoped for 50% office capacity by September and 100% by October — - Company originally planned to have employees back by October — Facebook will also require vaccinations for U.S. staff members
Tweets: @carnage4life, @kurtwagner8, and @mikeisaac
| Bloomberg: |
Sources: Atlanta-based Mailchimp is exploring strategic options, including a sale at a $10B+ valuation; source says Mailchimp's EBITDA reached $300M in 2020 — - Marketing company attracts interest from PE firms, strategics — Atlanta-based firm is currently 100% owned by founders
More:
Insider. Tweets: @katie_roof, @newsynick, @joshsternberg, @newsynick, @yoda, and @astaniscia86
| CNBC: |
Snap creators say they are leaving Snapchat's Spotlight feature as payments have dried up after June 1, with some moving to YouTube, Instagram, and TikTok — - Creators say they're leaving Snapchat's Spotlight feature after payments on the service had dried up.
More:
Insider and searchenginejournal.com
Tweets: @carnage4life, @taylorlorenz, @stevekovach, and @levynews
| David Uberti / Wall Street Journal: |
A look at efforts to shape federal rules for companies disclosing cyberattacks, with a group representing Alphabet and Amazon pushing for a 72-hour window — Companies and trade groups want at least 72 hours to report cyberattacks — Companies are pushing to narrow legislation … | Wolfie Zhao / The Block: |
The attacker who stole $611M from Poly Network has now returned over $342M 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.
More:
Reuters, Ars Technica, PYMNTS.com, Medium, Forbes, Chainalysis Blog, NBC News, Decrypt, The Hill, Bitcoin News, Tom's Hardware, New York Post, CNBC, BBC, CNN, Security Boulevard, CyberNews, Cryptonews, Crowdfund Insider, Decrypt, Forkast, Financial Times, CryptoSlate, TNW, Silicon Republic, TechRadar, Elliptic Blog, The Overspill, KrASIA, Security Affairs, CoinDesk, Wall Street Journal, Bloomberg, Coindesk News, Cointelegraph, Engadget, SiliconANGLE, The Register, Bitcoin News, NewsBTC, and PYMNTS.com
| Zoe Schiffer / The Verge: |
Daversa, an executive recruitment firm for companies like Instacart and Spotify, is facing allegations of male-on-male harassment and assault in a new lawsuit — The company places senior leadership in fast-growing startups to help them become stable, safe work environments
Tweets: @russellbrandom, @kateconger, @hkanji, @cmuggla, and @klarnaseb
| Reuters: |
Foxconn reports Q2 profit of $1.07B, up 30% YoY, on revenue of $48.5B, up 20% YoY, due to strong demand from Apple and other clients — Taiwan's Foxconn (2317.TW) reported a better-than expected quarterly profit on Thursday due to strong demand for technology products from clients …
More:
9to5Mac, Tom's Guide, AppleInsider, Financial Times, iPhone in Canada Blog, and Bloomberg. Tweets: @tculpan
| Li Jin / Li's Newsletter: |
A look at how centralized social media platforms have made the creator economy corrosive for online workers and what can be done to remedy the issue — The creator economy is becoming the gig economy—but there's still time to turn things around — Nearly two years ago, I published …
Tweets: @zoescaman, @p_millerd, @carnage4life, @mattschaar, @cnyari, and @om
Sponsor Posts
Google:
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Transform ML Experimentation with Tangle — Save months of compute time with Tangle, built by Shopify. Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
Transform ML Experimentation with Tangle — Save months of compute time with Tangle, built by Shopify. Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
Zoho:
Contract Signed. Project Ready. Tasks Created. — Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms. But for most businesses …
Contract Signed. Project Ready. Tasks Created. — Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms. But for most businesses …
Bitrix24:
Bitrix24 powers the next generation of high-performing businesses — Chat, projects, CRM, and automation — all in one place. Replace dozens of tools so your team moves faster, collaborates smarter, and grows effortlessly.
Bitrix24 powers the next generation of high-performing businesses — Chat, projects, CRM, and automation — all in one place. Replace dozens of tools so your team moves faster, collaborates smarter, and grows effortlessly.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Access:
Is Roblox making the internet better or worse? We asked the CEO
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Lenny's Podcast:
Why LinkedIn is turning PMs into AI-powered "full stack builders" | Tomer Cohen (LinkedIn CPO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
Code red: our favorite tech rivalries
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
How An AI Model Learned To Be Bad — With Evan Hubinger And Monte MacDiarmid
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
PBS Lost a Billion Dollars. Now what? With CEO Paula Kerger
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Uncapped with Jack Altman:
Trae Stephens from Founders Fund
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 3:50 PM ET, August 12, 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
The Guardian:James Faris / Business Insider:
Max Tani / Semafor:
Upcoming Tech Events
More News
| Jon Porter / The Verge: |
| Eric Krebs / Bloomberg: |
More:
Decrypt, GeekWire, Madrona Venture Group, The Block, TechCrunch, CoinDesk, and CNBC
Tweets: @tomloverro, @mq2oco, and @dantwany
Earlier Picks
| Ryan Browne / CNBC: |
More:
Business Wire, Silicon Canals, Forbes, The Grocer, Insider, Bloomberg, Sifted, and Tech News
Tweets: @emilyjnicolle and @ryan_browne_
| Manish Singh / TechCrunch: |
| Manish Singh / TechCrunch: |
| The Information: |
More:
Financial Times, Reuters, Tech in Asia, and The Economic Times
| John D. McKinnon / Wall Street Journal: |
Source:
United States Senator …. More:
The Verge, XDA Developers, CNBC, Ars Technica, Washington Post, ZDNet, Protocol, Android Central, thegamer.com, Reuters, FOSS Patents, Phandroid, Bloomberg, The Mac Observer, Wccftech, Engadget, The Register, CNN, Bloomberg, Ubergizmo, Variety, PYMNTS.com, Tubefilter, Mediaite, Billboard, iMore, Gizmodo, and The Daily Caller
Tweets: @rileytestut, @horaciog, @senblumenthal, @carnage4life, @senblumenthal, @davidclowery, @davidclowery, @newley, @davidclowery, @davidclowery, @evan_greer, @marshablackburn, @marshablackburn, @zoecello, @davidclowery, @zoecello, @alexlindsay, @alexlindsay, @tolmasky, @chrismlacy, @senblumenthal, @jeiting, @websightguy, @jeiting, @rileytestut, @jpavao, @thezedwards, @chrismlacy, @ericflo, @stevekovach, @wsjpolitics, @kentbye, @unikum_sol, @bcmerchant, and @pierce