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March 5, 2021, 3:30 PM
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Top News

Cecilia Kang / New York Times:
Tim Wu, an outspoken critic of Big Tech, is joining the National Economic Council as a special assistant to President Biden for tech and competition policy  —  Tim Wu's appointment to the National Economic Council would signal a confrontational approach by the Biden administration.
Adam Klasfeld / Law & Crime:
US indicts John McAfee for fraud and money laundering over an alleged $13M cryptocurrency “pump-and-dump” scheme  —  Antivirus software mogul John McAfee, who has been awaiting extradition from Spain on tax evasion charges since late last year, just had his legal woes compounded …
Jon Porter / The Verge:
Leaked interface shows that Twitter's “undo send” feature may be a button that also doubles as a progress bar showing how much time a user has to undo  —  A work-in-progress interface has been unearthed  —  A potential animation for Twitter's long-rumored “undo send” …
Wall Street Journal:
Sources: India threatened to jail Facebook, WhatsApp, and Twitter employees if the companies don't comply with takedown requests related to farmer protests  —  Country flexes new powers over big platforms while companies are counting on world's second-largest population for growth
New York Times:
Research: low-wage workers at businesses in the areas where Amazon operates have seen significant wage growth since the company raised minimum pay to $15/hour  —  New research suggests that when big companies increase wages, they drive up pay in the places where they operate — without a notable loss in jobs.
Katherine Rosman / New York Times:
Square acquires a majority stake in Jay-Z's streaming service Tidal for $297M; Jay-Z will join Square's board  —  What did Jay-Z and Jack Dorsey talk about when they went yachting around the Hamptons together last summer?  Perhaps only Beyoncé knows.  —  Maybe now we do, too.
Sujeong Lim / Counterpoint Research:
Global smartwatch shipments rose 1.5% YoY in 2020, with Apple Watch shipments up 19% YoY, Huawei's up 26% YoY, and Fitbit shipments down 4% YoY  —  - In Q4 2020, the shipments decreased slightly YoY due to a fresh wave of COVID-19.  — However, Apple managed to expand its market share and remains firmly at the forefront.
Mike Isaac / New York Times:
Reddit hires Drew Vollero as its first chief financial officer to prepare the company for an eventual IPO  —  The addition of Drew Vollero, formerly of Mattel and Snap, is a move toward developing operations more like publicly traded social networks.  —  SAN FRANCISCO — The world's …
Robert Hackett / Fortune:
Eco, a personal finance app that offers yields of 2.5% to 5% and cash-backs for shopping at Amazon, Uber, and Doordash, raises $26M led by a16z crypto  —  Our mission to make business better is fueled by readers like you.  To enjoy unlimited access to our journalism, subscribe today.
Bennett Cyphers / Electronic Frontier Foundation:
Google's FLoC, which helps advertisers perform behavioral targeting, avoids privacy risks of 3rd-party cookies, but creates new privacy issues in the process  —  The third-party cookie is dying, and Google is trying to create its replacement.  —  No one should mourn the death of the cookie as we know it.
Varun Mishra / Counterpoint Research:
Oppo becomes the top smartphone brand in China, reaching a market share of 21% in January, followed by Vivo at 20% and Huawei, Apple, and Xiaomi at 16% each  —  Beijing, London, San Diego, Buenos Aires, New Delhi, Seoul, Hong Kong - March 5, 2021  —  OPPO has risen through the ranks to become …
Javier Espinoza / Financial Times:
Sources: EU is set to press antitrust charges against Apple over App Store rules for competing music streaming services, following a complaint by Spotify  —  Brussels set to formally press charges alleging tech company used its dominance to squeeze out App Store rivals
Bloomberg:
UK antitrust authorities say they plan to investigate Apple's App Store to probe whether it is abusing its market power to restrict competition
Frederic Lardinois / TechCrunch:
Google says it is speeding up the Chrome release cycle and will ship a new milestone every four weeks instead of the current six weeks  —  Google today announced that its Chrome browser is moving to a faster release cycle by shipping a new milestone every four weeks instead of the current six-week cycle …
Tom Warren / The Verge:
Microsoft rolls out new features for Edge, including vertical tabs and a feature that it says can improve startup times by 29% to 41% after a device reboots  —  Microsoft Edge gets some new features for March  —  Microsoft is rolling out some new improvements to its Edge browser this month.

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This is a Techmeme archive page. It shows how the site appeared at 3:30 PM ET, March 5, 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.

From Mediagazer

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

Joshua Benton / Nieman Lab:
Around 75% of the largest US newspapers aren't endorsing anyone for president this year, as publishers try not to annoy any sliver of their remaining customers

More News

Makena Kelly / The Verge:
In a letter, a bipartisan group of senators call on FCC to change their definition of high speed broadband to above 100/100 Mbps, up from the current 25/3 Mbps
Mitchell Clark / The Verge:
Turntable.fm has relaunched with involvement from its founder and a separate site, Turntable.org, is expected to launch in beta in April with a subscription fee

Earlier Picks

Saqib Shah / Engadget:
Qualcomm announces Snapdragon Sound, an initiative to enhance the wireless sound experience by lowering latency and improving connection issues
Lily Hay Newman / Wired:
Zimperium analysis: 14% of Android and iOS apps connecting to cloud services like AWS or Azure, totaling ~19K apps, have misconfigurations that expose user data
Greg Kumparak / TechCrunch:
Whatnot, a livestreaming service for buying and selling Pokémon cards and other collectibles, raises $20M Series A led by a16z
Brian Krebs / Krebs on Security:
In the past month, three of the longest-running Russian cybercrime forums have been hacked, leaking their users' email addresses, login metadata, and more
Ryan Browne / CNBC:
Virtual events startup Hopin raises $400M at a $5.65B valuation, more than double its valuation in its November round
Jasper Jolly / The Guardian:
Deliveroo chooses London as the venue for its planned $7B stock market listing after the government made rule changes allowing founders to keep more control
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