Techmeme
June 2, 2021, 4:55 AM

Top News

CNBC:
JBS, the world's top meatpacker, is hit by a ransomware attack, leading it to pause its Australian operations, livestock slaughter in many US states, and more  —  - The attack caused JBS's Australian operations to shut down on Monday.  The company, the world's largest meatpacker, said it was working to resolve the incident.
Nikhilesh De / CoinDesk:
Coinbase says Coinbase Pro users will be able to trade dogecoin starting Thursday “if liquidity conditions are met”  —  The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.
Kim Lyons / The Verge:
Twitter says it will start adding full-screen ads to Fleets, supporting images and videos that can be up to 30 seconds long, initially in US on iOS and Android  —  A handful of advertisers will begin testing the format Tuesday  —  Twitter said Tuesday it will start adding full-screen ads to Fleets …
Sara Randazzo / Wall Street Journal:
Amazon quietly changed its terms of service to let customers file lawsuits against it, after facing over 75K arbitration demands from Echo users  —  The retail giant is no longer steering customers away from the court system, as companies scramble to find ways to avoid lawyers who file mass-arbitration claims
Thomas Brewster / Forbes:
Researcher finds that Alibaba-owned UC Browser app on iOS and Android sends information on every website a user visits to UCWeb servers, even in incognito mode  —  If you went to download Alibaba-owned app UC Browser this month, whether from Google's Android Play store or Apple's iOS App Store …
Washington Post:
Analysis of data from 5,411 warehouses in 2020 finds Amazon workers suffer serious injuries at nearly double the rate of workers at comparable companies  —  A Washington Post analysis of Occupational Safety and Health Administration data shows Amazon's serious injury rates are nearly double those at warehouses run by other companies.
Jordan Novet / CNBC:
Zoom reports Q1 rev. of $956.2M, up 191% YoY, vs $906M est., and sees 50% revenue growth for the full fiscal year as expansion falls from pandemic-fueled 2020  —  - Zoom's results exceeded estimates across the board.  — The company now sees 50% revenue growth for the full fiscal year …
Sean Hollister / The Verge:
AMD says the infotainment system inside the new Tesla S and X models include an AMD Ryzen chip and discrete RDNA 2 GPU, capable of playing AAA games  —  10 teraflops of RDNA 2  —  Remember when Elon Musk claimed you'd be able to play The Witcher 3 and Cyberpunk 2077 on a 10 teraflop gaming rig he's stuffing …
Charles Duhigg / New Yorker:
A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge  —  Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups.  It may be hype—but hype can be its own economic engine.
Selena Deckelmann / The Mozilla Blog:
Mozilla updates Firefox desktop and mobile apps with a revamped design, details the data-driven process used to guide the creation of the new streamlined look  —  We set out in 2021 to reimagine Firefox's design to be fast, modern and inviting the first time you run it and every day after.
The Hill:
A Pentagon audit from May cleared the use of two DJI drones built for government use, after the Interior Dept. grounded its fleet of China-made drones in Jan.  —  Two drone models made by China's largest manufacturer have been cleared for use by a Pentagon audit, according to a report summary obtained by The Hill.
Rest of World:
How Twitter, which partnered with India's BJP on an e-governance tool, ended up in BJP's crosshairs as the party went on the defensive against online criticism  —  Last week's police raids on Twitter's offices in Delhi mark a low point for the platform.  —  • BANGALORE, INDIA
Paul Sawers / VentureBeat:
Spiff, which offers a no-code tool that helps businesses automate sales commission payments, raises $46M Series B led by Lightspeed Venture Partners  —  Elevate your enterprise data technology and strategy at Transform 2021.  —  Spiff, an automated commissions platform for businesses …
More: Spiff
Jessica Bursztynsky / CNBC:
SoFi, which went public via a blank-check company run by Chamath Palihapitiya, closes its first day of trading up 12.41%  —  - Online finance company SoFi made its public debut.  — The stock closed up more than 12% to $22.65.  — SoFi, short for Social Finance …

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More News

Nilay Patel / The Verge:
Jonathan Levin / Bloomberg:
The Coinbase Blog:

Earlier Picks

Rachel Monroe / New Yorker:
Sara Fischer / Axios:
S. Shah / Engadget:
Christine Hall / Crunchbase News:
Tom Warren / The Verge: