Techmeme
April 5, 2021, 10:05 AM

Top News

Kim Jaewon / Nikkei Asia:
LG Electronics says it is terminating its smartphone business, which has lost money for years  —  South Korea group faced lack of in-house chip supply and rise of Chinese rivals  —  SEOUL — LG Electronics said Monday that its board decided to terminate the company's loss-making smartphone business …
Karen Weise / New York Times:
The National Labor Relations Board finds Amazon illegally retaliated against two prominent internal critics when it fired them last year  —  The two employees had publicly pushed the company to reduce its impact on climate change and address concerns about its warehouse workers.
Sami Fathi / MacRumors:
On a podcast, Tim Cook says he's “not focused on Facebook”, Apple is confident in its case against Epic Games, AR is critically important for Apple, and more  —  In a wide-ranging interview with The New York Times' Kara Swisher, on her podcast “Sway,” Apple CEO Tim Cook talks …
Manish Singh / TechCrunch:
Byju's acquires Aakash Educational Services, which operates 200+ physical coaching centers in India, for “close to $1B” in cash and equity  —  Why did Byju's raise over $1 billion last year and is already inching closer to securing another half a billion dollars?  We are getting some answers today.
Ana Monteiro / Bloomberg:
Documents show the US is pressing ahead with plans to impose retaliatory tariffs totaling ~$1B annually on six countries that tax internet-based companies  —  - U.S. plans duties that will collect value equal to tax levied  — U.K., Spain, Austria, India, Italy and Turkey may be affected
More: MediaNama
Aaron Holmes / Insider:
Personally identifiable data of 533M Facebook users has been posted online; Facebook says the data comes from a leak that was reported on and fixed in 2019  —  - The personal data of over 500 million Facebook users has been posted online in a low-level hacking forum.
More: Insider, The Record, The Guardian, CNN, Gizmodo, Forbes, The Verge, The Verge, BBC, BleepingComputer, Engadget, 9to5Mac, PCMag, BleepingComputer, KnowTechie, The Times, Associated Press, The Sun, MacRumors, Daily Mail, The Next Web, Fast Company, gHacks Technology News, Pocketnow, Gizchina, Washington Post, Ubergizmo, SlashGear, MediaNama, coinspeaker.com, TechRadar, SiliconANGLE, iTnews, news.com.au, Game Rant, AppleInsider, Sputnik News, Arutz Sheva, globalnews.ca, Mirror.co.uk, The Indian Express, 1 NEWS, Security Affairs, The Age, The Times of Israel, RT, Hong Kong Free Press HKFP, ANI News, PhoneArena, DW.COM, The Financial Express, DataBreachToday, news.rthk.hk, Radio Prague International, The Brussels Times, The Independent, NewsBytes, Times of Malta, CNET, U.S. PIRG, News Agency UNIAN, Yahoo News, Sky News, RT, Mashable, PYMNTS.com, ZDNet, MUO, iPhone Hacks, TheStreet, New York Post, Sputnik News, IGN, Jerusalem Post, Stars & Stripes, Forbes, NZ Herald, Tom's Guide, Pixel Envy, The Hacker News, farsnews.ir, IT Management, Inc42 Media, BGR India, BGR, and Reclaim The Net
Manish Singh / TechCrunch:
Indian social commerce startup Meesho raises $300M Series E led by SoftBank Vision Fund 2, with participation from Facebook and others, at a $2.1B valuation  —  Meesho said on Monday it has raised $300 million in a new financing round led by SoftBank Vision Fund 2 as the Indian social commerce startup works …
Janko Roettgers / Protocol:
Profile of Tipatat Chennavasin, GP of Venture Reality Fund, which has backed Rec Room and Facebook-acquired Beat Games, on changes in the VR industry  —  Tipatat Chennavasin was not surprised when VR metaverse startup Rec Room raised $100 million at a reported $1.25 billion valuation last week.
Andrew Tarantola / Engadget:
An adapted excerpt from the book “Your Computer Is on Fire”, on how voice assistants like Siri and Alexa alienate non-native and non-standard English speakers  —  The age of being able to speak to our computers just as we do with other humans is finally upon us but voice-activated assistants …

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Earlier Picks

Megan Rose Dickey / Protocol:
Anil Dash / The Atlantic:
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