Techmeme
June 16, 2020, 1:00 PM

Top News

Tom Warren / The Verge:
The European Commission opens two antitrust investigations into Apple's App Store and Apple Pay practices  —  Both investigations begin today  —  The European Commission is opening two antitrust investigations into Apple's App Store and Apple Pay practices today.
Frank Jordans / Associated Press:
Germany launches a COVID-19 contact tracing app on iOS and Android, saying it cost €20M to develop and will require €2.5M- €3.5M per month to operate  —  BERLIN (AP) — Germany launched a coronavirus tracing app Tuesday that officials say is so secure even government ministers can use it.
Washington Post:
CIA report: security was so lax at the time of the Vault 7 breach, that if WikiLeaks hadn't published said files, CIA may have never known they were compromised  —  The theft of top-secret computer hacking tools from the CIA in 2016 was the result of a workplace culture in which the agency's …
BBC:
Report finds 11% of people under 25 use Instagram for news compared with 12% for Twitter, predicts Instagram will overtake Twitter next year as a news source  —  Photo-sharing app Instagram is set to overtake Twitter as a news source, research suggests.  —  The 2020 Reuters Institute Digital …
Karissa Bell / Engadget:
Instagram says that, amid concerns it may “shadowban” Black voices, it will review harassment and verification rules, and check for bias in recommendations  —  Instagram's top executive says the company will review its harassment and verification policies, as well as how the app recommends content …
Shakeel Hashim / Protocol:
Brightside, a financial health service offering expert assistance, says it closed a $35M Series A at the end of last year, led by Andreessen Horowitz  —  A pandemic in which thousands of businesses are struggling to pay bills seems like an odd time to voluntarily take on debt, especially for a startup.
Hiroyuki Nishimura / Nikkei Asian Review:
China proposes an East Asian digital currency based on the Chinese yuan, Japanese yen, South Korean won, and the Hong Kong dollar  —  Beijing backs private-sector-led East Asia digital money in challenge to US  —  TOKYO — Global competition for supremacy in digital currencies has entered …
Olivia Solon / NBC News:
Dozens of Tunisian, Syrian, and Palestinian activists and journalists say their Facebook accounts have been deactivated recently on the pretext of terrorism  —  “Facebook doesn't care.  It closes our accounts on the pretext of terrorism.  We are against terrorism and violence," one journalist said.
David Pierce / Protocol:
Basecamp debuts Hey, an email service for $99/year that tries to reimagine email, blocks tracking pixels, but needs its own client and can't import old email  —  David Heinemeier Hansson, the co-founder and CTO of Basecamp, is trying very hard to not say “I told you so.”
Sarah Perez / TechCrunch:
Apple says its App Store facilitated $519B in commerce globally in 2019, citing a study from Analysis Group  —  Amid increasing antitrust scrutiny by U.S. regulators, Apple announced an update on its App Store ecosystem.  While the company normally shares some App Store metrics during its WWDC keynote …
Alex Konrad / Forbes:
Starburst, a startup based around an open-source data analytics project from Facebook called Presto, raises $42M Series B led by Coatue Ventures  —  An open-source software company with close ties to Facebook has raised a new funding round from one of the tech giant's former key executives.
Bloomberg:
Sources: Epic Games, which owns Fortnite, Unreal Engine, and Houseparty, is close to raising $750M at a ~$17B valuation, with investors including T. Rowe, KKR  —  - Epic owns Fortnite video game, Unreal Engine and Houseparty  — T. Rowe, KKR, Baillie Gifford to participate in round

Sponsor Posts

TELUS Digital:
Are you ready for the era of agentic AI?  —  Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse.  Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
Introducing captions, dynamic cross-references, table of tables and figures, and more in Zoho Writer  —  Easily ensure that your documents—reports, manuals, research papers, or thesis—are neatly structured …
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.

Featured Podcasts

The Logan Bartlett Show:
Keith Rabois and Zach Weinberg Debate: Are Tariffs a Smart Economic Weapon?
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Techmeme Ride Home:
Instagram iPad App But For REAL This Time?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Social Radars:
Ron Conway, Founder, SV Angel (Part 3)
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Channels with Peter Kafka:
NYT publisher AG Sulzberger on Trump, OpenAi and the economy
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.
Spotlight On:
Corelight's Brian Dye on What He's Learned About Scaling
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Invest Like the Best:
Michael Ovitz - Turning Potential into Prominence
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:00 PM ET, June 16, 2020.

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

Ashley Carman / The Verge:

Earlier Picks

Reuters:
Ifeoma Ozoma / @ifeomaozoma:
Lily Hay Newman / Wired:
CBS Boston: