Techmeme: As big financial industry players like Fidelity Investments push SEC to approve Bitcoin-linked ETFs, crypto lobbying efforts meet resistance from US lawmakers (Kellie Mejdrich/Politico)

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May 31, 2021, 10:30 AM

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Dr. Ian Cutress / AnandTech:

Intel unveils a refresh of its 11th-Gen Tiger Lake-U chips aimed at laptops and debuts a 5G modem developed with MediaTek that supports 5G on slower, sub-6 GHz — Due to the global pandemic, this year's annual Computex event in Taiwan is being held virtually, but all the big-name companies …

More: The Verge, PCMag, Windows Central, Engadget, TNW, SemiAccurate, The Register, Intel, PCWorld, CNX Software, TechCrunch, ZDNet, Tom's Hardware, XDA Developers, and Laptop Mag

Tweets: @tomwarren, @pcmag, and @anandtech. Thanks:@iancutress

Hannah Murphy / Financial Times:

Instagram's algorithm will now rank original and reposted content equally amid employee concerns about suppression of pro-Palestinian voices — Social media app will promote viral posts and original content equally — Instagram is changing its app to show more viral and current affairs …

More: Washington Post, Politico, BBC, The Verge, NBC News, Insider, NBC News, and Engadget

Tweets: @epro, @ggreenwald, @mairavz, @reprashida, @themuslimvibe, @faizapatelbcj, @ggreenwald, @kenroth, and @lizzadwoskin

Kellie Mejdrich / Politico:

As big financial industry players like Fidelity Investments push SEC to approve Bitcoin-linked ETFs, crypto lobbying efforts meet resistance from US lawmakers — A strong push by Wall Street to open up access to Bitcoin investment is meeting resistance from a bipartisan group of lawmakers …

Tweets: @pinboard, @ryannegri, @pinboard, @marcan42, @pinboard, @zachary, @tante, @taylorlorenz, @max_hodak, @davecraige, @joemccann, @jonahblank, @sarahjamielewis, and @pinboard

Andreas Kolbe / The Daily Dot:

The Wikimedia Foundation is financially healthy and nearing a $100M endowment target five years ahead of schedule, yet fundraising appeals imply it's struggling — The site is way richer than it wants you to know. — The Wikimedia Foundation (WMF), the non-profit that owns Wikipedia …

More: Telegraph. Tweets: @nixcraft, @iansherr, @sub8u, @kaepora, @davidcovucci, @marcan42, @sentdex, @wikiland, @andreworlowski, @wikiland, and @andreworlowski

Bloomberg:

Apple releases its supplier responsibility report for 2020, saying there was a reduction in major violations of its code of conduct and no cases of child labor — - Annual responsibility report covers labor, energy, Covid-19 — Apple stopped providing specific addresses for facilities

More: Apple, iThinkDifferent, 9to5Mac, iMore, MacRumors, Patently Apple, iPhone in Canada Blog, and AppleInsider. Tweets: @refsrc

Sam Byford / The Verge:

Xiaomi demos fully charging a 4,000mAh battery in eight minutes over a 200W “HyperCharge” system or in 15 minutes with 120W wireless charging — New ‘world records’ in wired and wireless charging — Xiaomi has shown off its latest fast charging tech demo …

Neil Cybart / Above Avalon:

Through its custom silicon, integrated sensors, design-led focus on user experience, and broad ecosystem, Apple is a decade ahead of rivals in wearables — Last week, Apple quietly unveiled one of the more remarkable pieces of technology that has been developed in the past few years.

More: androidauthority.com, Daring Fireball, and iPhone Hacks

Tweets: @neilcybart, @scobleizer, @greengart, and @greengart

Matt Stoller / BIG:

Via Prime, Fulfillment by Amazon, and its Buy Box algorithm, Amazon forces third party Marketplace sellers to keep prices high for consumers across the web — A new antitrust case shows that Prime inflates prices across the board, using the false promise of ‘free shipping’ that is anything but free.

More: The Overspill, Adafruit Industries, and Daring Fireball

Tweets: @andrewgiambrone, @matthewstoller, @moiragweigel, @shahidforchange, @jonastics, @acrossthecurve, @jamessurowiecki, @can, @stevesi, @hkanji, @matthewstoller, @matthewstoller, and @matthewstoller

Tage Kene-Okafor / TechCrunch:

Chipper Cash, which provides cross-border payments services in Africa and says it has 4M users, raises $100M Series C led by SVB Capital — Fintech in Africa is a goldmine. Investors are betting big on startups offering a plethora of services from payments and lending to neobanks …

More: Finextra, Techpoint Africa, and WeeTracker

Tweets: @sarthakgh, @okassim, and @mwiyas

Dan Taylor / Tech.eu:

Stockholm-based digital healthcare provider Doktor.se raises €50M and says it is planning an IPO in Q1 2022 — Stockholm-based digital healthcare platform Doktor has raised €50 million in a new investment round that saw participation from Consensus Asset Management, Norron …

More: Silicon Canals and EU-Startups

Tyler Sonnemaker / Insider:

Court docs detail Google's user location data collection, efforts to make popular privacy settings harder to find, pressure on partners like LG to do the same — - Google made it nearly impossible for users to keep their location private, according to newly unredacted court documents.

Michael Corkery / New York Times:

Some residents worry the warehouse boom in PA's Lehigh Valley, driven by its proximity to NY and e-commerce, is putting long-term economic well-being at risk — Huge facilities have sprouted up in and around the Lehigh Valley, fueled by the astonishing growth of e-commerce.

Tweets: @willwbloom, @nytimesbusiness, @hal_coi, @nytimes, and @paulpage

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:30 AM ET, May 31, 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

Athena Stavrou / The Independent:

More than 230 media industry professionals, including anonymous BBC staff, sign a letter accusing the BBC of bias favoring Israel in coverage of Gaza

Dominick Mastrangelo / The Hill:

Conservative radio host Hugh Hewitt quits as a contributing columnist at WaPo, after abruptly leaving a Post live video event hosted by Jonathan Capehart

CNBC:

Sources: Greek media company Antenna Group is in early talks to acquire Time from Marc Benioff, who bought the magazine in 2018 for $180M

More News

Pieter Haeck / Politico:

Euroconsumers, a group of EU consumer agencies, partners with Facebook after settling a lawsuit with Facebook in April over alleged illegal user data harvesting

More: Euroconsumers. Tweets: @politicoeurope and @nicholasvinocur

Fast Company:

During the pandemic, electronic health record provider Epic quickly rolled out a non-peer reviewed AI-powered tool for triaging patients across US hospitals

Tweets: @fastcompany

Manish Singh / TechCrunch:

India's largest independent e-commerce logistics startup Delhivery has raised $277M led by Fidelity, valuing the startup at ~$3B

More: The Economic Times, TechCircle, Entrackr, Inc42 Media, and Moneycontrol

Aidan Moher / Wired:

Amid a boom in retro gaming, enthusiasts are scouring online marketplaces for old CRTs, as modern displays can't replicate the unique characteristics of CRTs

Tweets: @wired, @marshacollier, @echoplex420247, @verygooster, @whelpmaurice, @tyschalter, @adribbleofink, @adribbleofink, @kenley_k, @finishingmycof1, and @b3ttyoops

Anne Stych / The Business Journals:

Hello Heart, a heart health management app employers can offer their employees as a benefit, raises $45M Series C led by IVP and says its business is up 3X YoY

Source: helloheart.com. More: VatorNews and medcitynews.com

South China Morning Post:

Meituan reports Q1 revenue of $5.8B, up 120.9% YoY, and a loss of $752M; CEO says Meituan is reviewing its business practices amid China's antitrust probe

Source: PR Newswire. More: Bloomberg, Bloomberg, and PingWest

Earlier Picks

Packy McCormick / Not Boring:

A bull case for Ethereum, which is the backbone and a settlement layer of a decentralized internet that continues to grow as DeFi and NFTs explode in popularity

More: The Irrelevant Investor, Coinmonks, and Crypto Briefing

Tweets: @gavinsbaker, @glynmoody, @packym, @mdudas, @mdudas, and @cnyari

Jim Dallke / Chicago Business Journal:

Relativity, which helps law firms analyze large datasets, acquires Text IQ, an AI startup that helps businesses identify sensitive data, reportedly for $100M+

Source: PR Newswire. More: Chicago Business, Artificial Lawyer, Reuters, TechRepublic, and VentureBeat

Tweets: @techrepublic and @therealsjr

Faris Mokhtar / Bloomberg:

Tech companies took up 22% of new office space in Singapore between 2015-2020, up from 8% between 2004-2014, led by Amazon, as financial firms reduced workspace

Tweets: @business

Doc Searls Weblog:

Apple's claims about respecting privacy aren't fully serious, as the iPhone default doesn't disallow apps from tracking users, instead expecting users to do so

More: Daring Fireball, Pixel Envy, and Protocol

Tweets: @modestproposal1, @hjarche, @itsjeffhiggins, @dsearls, and @jason_kint

Nora Caplan-Bricker / New Yorker:

Despite a wave of complaints, pushback from top universities, lawsuits, and accusations of bias, Proctorio's client list grew over 500% from 2019 to 2021

Tweets: @hirragilani, @drewharwell, @ct_bergstrom, @newyorker, @ncaplanbricker, @jessifer, @bonstewart, @jofrhwld, @krystafauria, @newyorker, @fennelaurora, @shorterpearson, @benwolfevision, @cayneletizia, @autumm, @jessifer, @hypervisible, and @hypervisible

BuzzFeed News:

Venmo will now let users control the visibility of their friends list, following a report in which Biden's Venmo account and connections were easily found

More: TechRadar, SlashGear, Insider, MUO, Gizmodo, Engadget, and Newser

Tweets: @wongmjane, @swiftonsecurity, @eff, @eff, @lamarrwilson, @laszlobock, @rmac18, @johnwilson, @antumbral, @katienotopoulos, @bascule, @authoridad, @rmac18, @wongmjane, @rmac18, and @carnage4life