Techmeme
September 3, 2021, 9:00 AM

Top News

Wayne Ma / The Information:
Sources: Apple's planned VR/AR headset will need a wireless connection to an Apple device for full functionality; Apple completed work on VR/AR chips last year  —  New details of the custom chips designed by Apple for its forthcoming virtual reality and augmented reality headset indicate …
Insider:
Sources: Amazon will launch its own TV featuring Alexa and no third-party manufacturer branding in the US, possibly as soon as October  —  - Amazon is planning to roll out its own Amazon-branded TV, Insider has learned.  — A US launch is targeted for as soon as October.
Anirban Sen / Reuters:
Sources: Reddit is planning an IPO for as soon as early 2022, following a $10B valuation in August  —  Reddit Inc, the operator of online message boards that became the go-to destination for day traders chasing this year's frenzy for so-called ‘meme’ stocks, is seeking to hire investment bankers …
Reuters:
Filings: NLRB is investigating two complaints by Apple employees, including one by senior engineering PM Ashley Gjøvik who alleges workplace harassment and more  —  The U.S. National Labor Relations Board is investigating two cases filed by employees against Apple, records on the agency's website show.
Andrew Thurman / CoinDesk:
Dom Hofmann's Loot, with NFTs of random lists of items ostensibly from a fantasy video game, had $46M in sales in just 5 days, attaining a market cap of $180M+  —  The latest non-fungible token (NFT) craze is among the simplest - and the strangest - yet: a randomly generated list …
Sheila Dang / Reuters:
Sources: AWS plans to hire content moderators to look for emerging extremist groups and remove content that violates its cloud service policies  —  Amazon.com Inc (AMZN.O) plans to take a more proactive approach to determine what types of content violate its cloud service policies …
Ash Parrish / The Verge:
Gamesight data shows a dip in Twitch viewership on Wednesday, possibly 5%-15%, as some streamers took #ADayOffTwitch to bring awareness to “hate raids”  —  It seems as if the Twitch walkout was a success  —  Streamers took a day off Twitch on September 1st to bring attention …
Issie Lapowsky / Protocol:
Following Texas' abortion law, tech companies could face suits over providing on-demand rides to clinics, subpoenas requesting user data, and more  —  With the Supreme Court deciding not to block Texas' effective ban on abortion this week, fears have been rightly focused on the people in Texas …
Francesco Rizzato / Opensignal:
State of 5G in the US: New York had the fastest download speed at 114 Mbps, while Vermont had the slowest at 42.2 Mbps but the best 5G video experience  —  As U.S. carriers continue to hit new milestones in their 5G network rollouts, Opensignal has now conducted the most comprehensive analysis …
More: CNET
Andrew J. Hawkins / The Verge:
General Motors says it is temporarily halting production at six of its North American factories due to the global chip shortage  —  ‘The situation remains complex and very fluid’  —  General Motors, parent company of Chevrolet, GMC, Cadillac, and Buick, said it was temporarily halting production …
Bloomberg:
JD.com's real estate unit has agreed to buy a controlling stake in China Logistics in a deal valuing the company at ~$2.1B, a 7% premium to Wednesday's close  —  - E-commerce giant agrees to acquire controlling stake  — Offer price is about a 7% premium to Wednesday close
Bloomberg:
Delivery Hero raises €1.25B via convertible notes, its third equity-linked issuance in less than two years  —  Delivery Hero SE raised 1.25 billion euros ($1.5 billion) from an offering of notes convertible into shares, marking the food-delivery company's third equity-linked issuance in less than two years.
Tweets: @bloombergau
Sam Schechner / Wall Street Journal:
Ireland's Data Protection Commission, on behalf of the EU, fines WhatsApp €225M for privacy violations, the second-largest fine under GDPR; WhatsApp will appeal  —  Regulators say chat-service unit failed to disclose fully how it collected and shared data about its users
Muyao Shen / CoinDesk:
A doge meme NFT that sold for $4M in June is now valued at $225M+ after it was fractionalized into nearly 17B tokens and sold in a one-day auction  —  Just three months after a non-fungible token (NFT) representing an image of the original Shiba Inu dogecoin meme sold for about $4 million …
Romain Dillet / TechCrunch:
Point, a neobank, raises $46.5M Series B led by Valar Ventures, bringing its total raised to $60M  —  Challenger bank Point has raised a $46.5 million Series B funding round.  The company offers an account associated with a debit card.  And the startup positions itself as a premium debit card company …
The Verge:
Apple's updated rules allowing web signup links appear to apply only to apps that don't make much money for Apple, like Netflix and Spotify  —  It's for apps that don't make Apple any money anyways  —  While vocal app developers accused Apple last week of spinning a lawsuit settlement …
Aditya Kalra / Reuters:

Sponsor Posts

Niantic Lightship ARDK:
AR App Development Evolved: Join Niantic November 8, 2021  —  Create your own AR Real-World Metaverse with the Niantic Lightship ARDK.  Be part of the launch and join our virtual keynote November 8, 2021.
Zoho:
4 monsters to banish from your CRM this Halloween  —  Halloween is one of the most fun times of the year!  And while we all gear up to make up for last year's lost fun, here are four different monsters …
Welcome:
Close more candidates.  Retain your employees.  Access real-time comp data.  —  Benchmark and communicate compensation to candidates and employees, powered by our real-time compensation and equity data.
Techmeme Leaderboards:
Find out who the top reporters are in 43 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.
Modern Finance Podcast:
Play-to-Earn Gaming with Yield Guild Games
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Tue. 10/26 - Facebook Pivots To Youth
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:00 AM ET, September 3, 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.

More News

Jackie Davalos / Bloomberg:
Taylor Hatmaker / TechCrunch:
Amanda Silberling / TechCrunch:

Earlier Picks

Benjamin Mayo / 9to5Mac:
Kurt Wagner / Bloomberg:
Tom Krisher / Associated Press:
Kait Sanchez / The Verge: