Techmeme
April 20, 2021, 10:00 AM

Top News

Sarah Perez / TechCrunch:
Venmo adds support for buying, holding, and selling four types of cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash  —  Venmo is adding support for cryptocurrency, starting today.  The company says it will begin to roll out the ability for Venmo's more than 70 million users to buy …
Charlie Osborne / ZDNet:
Internal Facebook emails, accidentally sent to a journalist, show its “long-term strategy” for data scraping incidents, framing it as a “broad industry issue”  —  More scraping incidents are “expected” in the future.  —  An internal email accidentally leaked by Facebook …
New York Times:
Governments around the world are moving to limit the power of tech companies with an urgency and breadth that no single industry had experienced before  —  Never before have so many countries, including China, moved with such vigor at the same time to limit the power of a single industry.
Manish Singh / TechCrunch:
Chargebee, which helps enterprises with billing, subscriptions, revenue operations, and compliance, raises $125M at a $1.4B valuation  —  A startup that enables businesses to set up and manage their billing, subscription, revenue operations and compliance has become the newest firm to earn the much coveted unicorn status.
Ryan Browne / CNBC:
Source: Facebook-backed Diem is aiming to launch a pilot with a single stablecoin pegged to the US dollar later this year  —  - The Diem Association is aiming to launch a pilot with a single stablecoin pegged to the U.S. dollar in 2021, according to a person familiar with the matter.
John Seabrook / New Yorker:
As NYC selects Bird, Lime, and Veo for its e-scooter pilot program, a look at why NYC is seen as an invaluable proving ground for the scooter-sharing concept  —  Fleets of electric scooters have taken over city streets worldwide.  With New York finally climbing aboard, do they represent a tech hustle or a transit revolution?
Catherine Shu / TechCrunch:
Octopus Deploy, which develops a deployment automation tool, raises $172.5M from Insight Partners  —  Founded almost a decade ago, Octopus Deploy has grown to serve 25,000 organizations, including Microsoft, NASA, Xero, Disney and Stack Overflow, through bootstrapping.
Mitchell Clark / The Verge:
Nextdoor is introducing an anti-racism notification, which asks users to reconsider posting content if the app thinks it may be offensive  —  It calls the feature the anti-racism notification  —  Nextdoor is introducing a new anti-racism notification, which asks users to reconsider posting content …
Rachel Levin / Outside Online:
As a disproportionate number of people who purchased homes in Tahoe in 2020 were tech employees from the Bay Area, locals worry about “Aspenification of Tahoe”  —  Rachel Levin is a San Francisco-based journalist who has written for The New York Times, The New Yorker …
Sean Burch / The Wrap:
Sensor Tower: Clubhouse was downloaded 2.7M times in March, a 72% decline from February's 9.5M+  —  After pulling in 9.5 million downloads in February, Clubhouse only had 2.7 million downloads in March, according to new data from Sensor Tower  —  Is the party on Clubhouse already dying out?
Patience Haggin / Wall Street Journal:
Daily Mail owner files antitrust suit against Google alleging it punishes publishers in search if they don't sell enough ad space through Google's marketplace  —  Publisher says its U.K. royals coverage was played down in search results; claims it was punished for not steering sufficient ad space to Google
Mary Ann Azevedo / TechCrunch:
Mantl, which helps customers open accounts digitally at community banks and credit unions, raises $40M Series B led by CapitalG  —  Community banks and credit unions aim to be the heart of the, well, communities, they serve.  But without the big budgets of larger institutions, keeping up technology-wise can be a challenge.
Chaim Gartenberg / The Verge:
Sony backtracks on removing PS3 and Vita digital stores, saying it was “the wrong decision”; PSP store will still shut down on July 2  —  The PSP store is still shutting down on July 2nd  —  Sony has announced that it'll be keeping its PS3 and PlayStation Vita digital storefront open “for the foreseeable future.”
Ron Miller / TechCrunch:
Cape Privacy, which helps companies share sensitive data in a secure and encrypted way, raises $20M Series A led by Evolution Equity Partners  —  Cape Privacy, the early stage startup that wants to make it easier for companies to share sensitive data in a secure and encrypted way, announced a $20 million Series A today.
Joanna Ossinger / Bloomberg:
Dogecoin rose ~10% in the past 24 hours driven by the #DogeDay hashtag for 4/20; it jumped 400%+ in the past week and now has a market cap of $53B+  —  - DogeDay trends on social media, pushing prices near 42 cents  — ‘Dogecoin is symptomatic of the zeitgeist,’ says Trenchev
Cameron Faulkner / The Verge:
Fitbit unveils Luxe, a $150 fashion-focused fitness tracker coming this spring with a wide range of bands, up to 5 days of battery life, and an OLED touchscreen  —  It features up to five days of battery life per charge  —  Fitbit has announced its new Luxe fitness tracker that looks like a more fashion-focused take on the Inspire 2.

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