Techmeme
March 11, 2021, 10:45 AM

Top News

Bloomberg:
Documents: Apple denied Parler reentry into the App Store, citing a lack of changes; source says Parler let its three remaining iOS developers go  —  - Apple's recent review found ‘Nazi symbols’ on the Parler site  — Parler eliminates seven workers, most of whom were contractors
Bloomberg:
Three former employees say that 100+ employees at Verkada could view the camera feeds of its thousands of customers via widely used super admin accounts  —  - Former employee said issue was raised with Verkada executives  — Hackers gained access to 150,000 customer camera feeds
Jacob Kastrenakes / The Verge:
Mike Winkelmann, the digital artist known as Beeple, sold an NFT of his work for $69M, through a first-of-its-kind auction at Christie's  —  Through a first-of-its-kind auction at Christie's  —  Until October, the most Mike Winkelmann — the digital artist known as Beeple — had ever sold a print for was $100.
Chris Welch / The Verge:
Adobe rolls out a version of Photoshop optimized for Apple Silicon, claiming a 1.5X performance improvement over most Photoshop tasks on Intel Macs  —  Adobe says there are a ton of speed and performance gains  —  Lightroom was the first Adobe creative app to make the leap to Apple Silicon …
Reuters:
Stephen Warwick / iMore:
Twitter says it is testing displaying large images, instead of cropped previews, on iOS and Android and will add support for 4K photo uploads  —  “Sometimes it's better said with a picture or a video.”  —  What you need to know  — Twitter is testing new features that will let you see a single image in full on your timeline.
Ax Sharma / BleepingComputer:
Data center operator OVH says a fire destroyed some of its sites in France, affecting cyber threat intelligence company Bad Packets, game maker Rust, and others  —  In a major unprecedented incident, data centers of OVH located in Strasbourg, France have been destroyed by fire.
Brent Kendall / Wall Street Journal:
Facebook says it has filed motions to dismiss antitrust lawsuits brought by the FTC and state AGs, arguing its conduct did not harm competition or consumers  —  Action marks its first legal salvo since the FTC and 46 states sued the company in December  —  WASHINGTON— Facebook Inc …
Mary Ann Azevedo / TechCrunch:
Crypto lending and borrowing service BlockFi raises $350M Series D at a valuation of $3B, bringing its total raised to around $450M  —  If there were any doubt about a cryptocurrency boom, we need look no further than at the explosion of growth of certain companies in the space.
Alex Konrad / Forbes:
Q&A with Chris Sacca on his brief retirement, Trump and Biden, investing in climate startups, how investing has changed, NFTs, and more  —  In 2015, venture capitalist Chris Sacca was one of Silicon Valley's most influential investors, No. 3 on the Midas List with more than one million Twitter followers …
CNBC:
Roblox closes at $69.50, valuing it at $38.26B, after opening under RBLX at $64.50, up 43% from its January funding round  —  - Roblox held its stock market debut on Wednesday through a direct listing and is now trading under ticker symbol RBLX.  — The company's stock closed at $69.50 apiece …
Damien Wilde / 9to5Google:
Oppo unveils Find X3 Pro with Snapdragon 888, 6.7" 120Hz display, 12GB RAM, 50 MP ultrawide camera, and a 3MP “microlens” for microscope style macro shots  —  The covers have now been lifted from the Oppo Find X3 series with three models — X3 Lite, X3 Neo, and X3 Pro …
Javier Espinoza / Financial Times:
Sources: EU regulators are struggling to gather enough evidence to bring antitrust charges against Amazon despite working on the case for nearly two years  —  Regulators face difficulties gathering evidence against tech giant nearly two years after probe was announced
Matt Day / Bloomberg:
Amazon has opened 11 Amazon Fresh stores around the US, with plans for at least 28 more  —  As many businesses struggled to survive the pandemic, Amazon.com Inc. was quietly building a national grocery chain.  —  The first Amazon Fresh store opened to the public in Los Angeles in September.
More: CNET and The Verge
Tiernan Ray / ZDNet:
Cloudera beats with Q4 revenue of $226.6M, up 7% YoY, subscription rev. of $206.8M, up 14% YoY, and ARR of $778M, up 10% YoY  —  Although Cloudera's January-quarter results beat expectations, the outlook for revenue this year was disappointing.  —  Data management software pioneer Cloudera …
Jonathan Shieber / TechCrunch:
Tetrate, which develops an app management platform for hybrid and multicloud environments, raises $40M Series B led by Sapphire Ventures  —  Tetrate, the company commercializing an open-source networking project that allows for easier data sharing across different applications, has raised $40 million.
Ashley Carman / The Verge:
Facebook is making in-stream ads available on one-minute videos and is testing ads that look like stickers in Stories  —  Ads integrated into content  —  Facebook introduced Stories to its platform four years ago, mostly as a way to encourage people to post content that wasn't highly produced or necessarily photogenic.

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