Techmeme
September 7, 2021, 9:55 AM

Top News

Muyao Shen / CoinDesk:
President of El Salvador says the country bought 400 bitcoins on Monday, as the law making bitcoin legal tender in El Salvador goes into effect  —  El Salvador President Nayib Bukele announced on Twitter that his government has bought 200 BTC on Monday, a day before the country's Bitcoin Law …
Financial Times:
TechCrunch:
ProtonMail is under fire for disclosing a French activist's IP address to Swiss authorities; ProtonMail had claimed to only log IPs in “extreme criminal cases”  —  ProtonMail, a hosted email service with a focus on end-to-end encrypted communications, has been facing criticism …
ProPublica:
Investigation finds Facebook has over 1,000 contractors moderating WhatsApp, including private messages and media, undermining assurances of WhatsApp's privacy  —  When Mark Zuckerburg unveiled a new “privacy-focused vision” for Facebook in March 2019, he cited the company's global messaging service, WhatsApp, as a model.
Jason Schreier / Bloomberg:
Former PlayStation boss Shawn Layden reveals he left due to burnout, and says the industry has a sustainability problem due to rising game development costs  —  This week: a game about ancient history and a massive video game company investment.  But first: the former boss …
New York Times:
Analysis: mining bitcoin uses 91 TW/h of electricity annually, ~0.5% of all electricity consumed globally or 7x Google's total usage, and grew 10x in five years  —  In 2009, you could mine one Bitcoin using a setup like this in your living room.  —  ↓  —  ↓
Liza Lin / Wall Street Journal:
JD.com says founder and CEO Richard Liu will step back from day-to-day operations to focus on long-term strategy and names its first president  —  E-commerce company names its first president facing tougher competition, Beijing's regulatory crackdown  —  Chinese e-commerce group JD.com Inc. named …
Jordan Novet / CNBC:
Deep dive on AWS, with margin estimates for specific services including S3, EC2, and EBS, as AWS has made up over half of Amazon's operating profit since 2014  —  - Amazon's cloud division doesn't break out gross margins by services, but some outsiders estimate that storage and network offerings could be highly lucrative.

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More News

Joanna Ossinger / Bloomberg:

Earlier Picks

Daniel A. Gross / New Yorker:
Catalin Cimpanu / The Record:
Kathryn Dill / Wall Street Journal:
Mark Gurman / Bloomberg: