Techmeme
August 16, 2021, 9:40 PM

Top News

Brad Stone / Bloomberg:
A look at US lawmakers' efforts to rein in Google and Apple's app stores, after a bipartisan companion bill to Senate's Open App Markets Act debuts in the House  —  Legislating your apps  —  The U.S. Congress wants to change the way your smartphone works.  And the effort may actually succeed.
Joseph Cox / VICE:
T-Mobile confirms hackers gained access to its systems, following reports that sensitive data on over 100M people was for sale on the dark web  —  “We have determined that unauthorized access to some T-Mobile data occurred.”  —  Joseph Cox  —  T-Mobile confirmed hackers gained access …
Joseph Cox / VICE:
Tim Marcin / Mashable:
Yik Yak, the app that creates anonymous message boards for users within a five mile radius, returns to the US iOS App Store after its 2017 shutdown  —  Yes, it's really back.  —  Buckle up, millennials.  Remember Yik Yak, the anonymous app that, in effect, allowed gossip and shit-talking …
Tom Krisher / Associated Press:
NHTSA opens a formal investigation into Tesla's Autopilot system, covering 765K vehicles, saying it has trouble spotting parked emergency vehicles  —  DETROIT (AP) — The U.S. government has opened a formal investigation into Tesla's Autopilot partially automated driving system, saying it has trouble spotting parked emergency vehicles.
Michael McSweeney / The Block:
Bluesky, the decentralized social media initiative unveiled by Twitter in 2019, will be led by Jay Graber, a former startup founder and cryptocurrency dev  —  Bluesky, the decentralized social media initiative unveiled by Twitter CEO Jack Dorsey at the end of 2019, has a project lead, according to a Monday announcement.
Kate Conger / New York Times:
Inside Twitter's two-year effort to change its internal culture, led by controversial VP of design Dantley Davis, which led to HR investigations and staff exits  —  Two years ago, the company brought in a blunt executive to make things move faster and to promote diversity.  Then the problems began.
Vlad Savov / Bloomberg:
Google and Facebook say they will participate in a subsea cable system linking Japan, Singapore, Taiwan, Guam, the Philippines, and Indonesia, launching 2024  —  Alphabet Inc.'s Google and Facebook Inc. announced their participation in a new subsea cable system for 2024 set …
Dean Takahashi / VentureBeat:
Roblox reports Q2 bookings of $665.5M, up 35% YoY, vs. $689.2M est., revenue of $454.1M, up 127% YoY, net loss of $140.1M, and average DAUs of 43.2M, up 29% YoY  —  Roblox, the platform for Lego-like user-generated games, reported its bookings for the second quarter ended June 30 were $665.5 million …
Alex Konrad / Forbes:
A look at Coinbase Ventures, which has backed 150+ companies over three years, writes mostly seed checks of $50K to $250K, and does not have any full-time staff  —  Look at the busiest U.S. investors in cryptocurrency startups this year, and in between investment firms like Digital Currency Group …
Wall Street Journal:
A look at chipmakers' race to capitalize on a wave of subsidies, as the US and other Western countries reassess their industrial policies to slow China's rise  —  U.S. semiconductor maker's appeal for subsidies plays on national security fears during chip shortage; ‘Never let a good crisis go to waste’

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