Techmeme
July 1, 2019, 12:40 AM

Top News

Golnaz Esfandiari / Radio Free Europe/Radio Liberty:
Iran says power consumption jumped 7% in June, largely due to Bitcoin mining, making the country's power grid unstable, seizes 1,000 Bitcoin mining machines  —  Iran has blamed an “unusual” spike in electricity consumption in the country on cryptocurrency miners, while warning that such illicit operations will be cut off from the grid.
Alyssa Bereznak / The Ringer:
How TikTok users are supplanting the traditional functions of record labels, like talent scouting and publicity, for new artists  —  Lil Nas X's ‘Old Town Road’ is both a chart-topping phenomenon and a turning point for the music business.  Here's what happens when a social media platform becomes a label.
Facebook:
Facebook says it will treat 2020 US Census like an election and will have “people, policies and technology in place to protect against census interference”  —  Civil rights are the foundation of a free and just society — and something we care deeply about as a company.
Sarah Perez / TechCrunch:
Nielsen Music Mid-Year Report: on-demand audio streams in the US grew 31.6% YoY to 507.7B in the first half of 2019  —  Music streaming services have already delivered a new high of half a trillion (507.7 billion) on-demand streams in the first half of 2019, according to Nielsen's mid-year Music Report released this week.
Andrew Dickson / OneZero:
How tech like ground-penetrating radar, drones, lidar, and hyper-accurate 3D mapping is changing archaeology by enabling cheaper, noninvasive site surveys  —  Lidar, drones, and more are helping field researchers uncover hidden worlds  —  eal Spencer likes to travel light.

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The Logan Bartlett Show:
EP 109: Sebastian Siemiatkowski (CEO, Klarna) on the Future of Klarna, Valuation Changes and AI in Finance
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Kyle Wiggers / VentureBeat:
Andrew Liptak / The Verge:
Wall Street Journal: