Techmeme
June 4, 2021, 11:35 PM

Top News

Nick Clegg / About Facebook:
In response to Oversight Board ruling, Facebook suspends Trump's accounts until January 7, 2023, and says it will then reconsider suspension if conditions allow  —  Last month, the Oversight Board upheld Facebook's suspension of former US President Donald Trump's Facebook and Instagram accounts following …
Salvador Rodriguez / CNBC:
Gilad Edelman / Wired:
Joseph Cox / VICE:
Microsoft says Bing is not displaying image results for “tank man” on the 32nd anniversary of the Tiananmen Square Massacre due to “accidental human error”  —  “There are no results for tank man,” the Bing website reads after searching for the term.  —  Joseph Cox
Matthew Panzarino / TechCrunch:
A 2007 email between Steve Jobs and then Apple SVP of Software Engineering, approving 3rd party iPhone apps and an App Store, surfaces among Epic trial docs  —  An email has been going around the internet as a part of a release of documents related to Apple's App Store based suit brought by Epic Games.
Michael McSweeney / The Block:
Jack Dorsey says Square is considering the development of a bitcoin hardware wallet  —  Square is considering the development of a bitcoin hardware wallet, according to Jack Dorsey, CEO of the payments firm.  —  Such a product launch isn't a done deal, according to Dorsey, who previewed the concept in a Friday Twitter thread.
Bloomberg:
Investigator says hackers breached Colonial Pipeline through a VPN account whose password has since been discovered inside a batch of leaks on the dark web  —  - Investigators suspect hackers got password from dark web leak  — Colonial CEO hopes U.S. goes after criminal hackers abroad
Tage Kene-Okafor / TechCrunch:
Nigeria announces it will block access to Twitter, after the site deleted tweets of President Buhari making threats to the southeastern part of the country  —  The Nigerian government via its Ministry of Information and Culture today announced its decision to suspend the activities of social media platform Twitter in the country.
Sam Schechner / Wall Street Journal:
EU and UK regulators coordinate to open antitrust investigations into Facebook's classified ad service Marketplace; UK is also probing Facebook Dating  —  Investigations into classified-ads service Marketplace ramp up regulatory scrutiny on the company in Europe
Stephen Shankland / CNET:
Teams behind Chrome, Safari, Firefox, and Edge unveil a development forum at W3C to standardize and build a unified, more secure foundation for extensions  —  The teams behind the Google Chrome, Apple Safari, Mozilla Firefox and Microsoft Edge browsers have banded together to improve extensions …
Wall Street Journal:
Director of FBI says it is investigating ~100 types of ransomware, many tracing back to Russia, and compares the challenge of this wave of cyberattacks to 9/11  —  Christopher Wray points to Russian hackers, calls for coordinated fight across U.S. society  —  FBI Director Christopher Wray …
Christopher Bing / Reuters:
Bloomberg:
Snowflake CEO says diversity shouldn't “override” merit in hiring decisions, claiming other CEOs feel the same way but are reluctant to say so publicly  —  - CEO Frank Slootman seeks ‘moderated’ approach on diversity  — Cloud software maker went public in biggest 2020 U.S. IPO
Kellen Browning / New York Times:
Crypto exchange FTX to spend $210M over 10 years to rename the professional e-sports team TSM as TSM FTX, rivaling the biggest naming rights deals in pro sports  —  The deal between TSM, which fields competitive video game teams, and the Hong Kong-based FTX exchange, rivals the kinds …
David E. Sanger / New York Times:
Biden issues an order banning US investment in 59 Chinese tech companies that aid surveillance, substantially expanding on an earlier order issued by Trump  —  The new order includes firms engaged in making and deploying the surveillance technology used against Muslim minorities and dissidents around the globe.
Chris Metinko / Crunchbase News:
Capchase, a lending service that helps SaaS companies with recurring revenue to grow their operations, raises $125M Series A led by QED Investors  —  Capchase closed a $125 million Series A as the New York-based company looks to expand its nondilutive funding platform and offerings to founders.

Sponsor Posts

Meta:
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Tribe AI:
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Zoho:
5 common accounting mistakes  —  This is a guest post by Yaali Bizappln Solutions.  A lot of businesses manage their customers and finances on separate platforms.  This disconnect often leads to missed invoices …
Hamming:
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