Techmeme
June 6, 2021, 12:05 PM

Top News

MacKenzie Sigalos / CNBC:
El Salvador's president unveils a bill to adopt bitcoin as legal tender, partnering with payments startup Strike, in a bid to become the first nation to do so  —  - El Salvador President Nayib Bukele plans to introduce legislation that will make it the world's first sovereign nation to adopt bitcoin as legal tender.
Dennis Erezi / The Guardian Nigeria News:
As Nigerian ISPs comply with government's Twitter ban blocking the service, the country's AG threatens prosecution of those trying to circumvent the ban  —  Nigeria's attorney general Abubakar Malami Saturday said the country will prosecute those who flout the government order to deactivate operations …
James T. Areddy / Wall Street Journal:
A brief history of cryptocurrency mining in China as authorities crack down on mining operations and miners in other countries cut into China's dominance  —  Crackdown warning highlights the cryptocurrency's reliance on a hostile host; miners head west  —  Bitcoin enthusiasts prize …
Elizabeth Rembert / Bloomberg:
Square partners with Blockstream, says it will invest $5M to build a solar-powered Bitcoin mining facility at a Blockstream Mining site in the US  —  Square Inc. will invest $5 million to build a solar-powered Bitcoin mining facility at a Blockstream Mining site in the U.S. through a partnership with the blockchain technology provider.
Catalin Cimpanu / The Record:
US DOJ has charged a Latvian woman who it says was a programmer in a gang that helped develop TrickBot malware; the woman was arrested in Miami on February 6  —  The US Department of Justice has arraigned in court today a Latvian woman who was part of the Trickbot malware crew …
Mark Gurman / Bloomberg:
Sources: Apple to announce better multitasking and widget placement for iPadOS, status-based notification alerts, an improved Messages app, and more at WWDC  —  - Company pitching to developers amid uproar over App Store  — Messages, Health apps among those gaining new capabilities
Amy Feldman / Forbes:
In 2019, the number of foreign-born entrepreneurs in the US declined by 4,400, the only yearly drop since 2000, thanks to US' convoluted immigration policies  —  America's convoluted and highly politicized immigration system puts roadblocks in the way of foreign-born founders.
Matthew Karnitschnig / Politico:
Finance ministers of G7 countries, the US, UK, Canada, France, Germany, Italy, and Japan, agree to back a new global minimum corporate tax rate of at least 15%  —  G7 countries reached a landmark agreement Saturday aimed at making it harder for the world's largest companies to avoid paying taxes.
Lucas Matney / TechCrunch:
Facebook buys Unit 2 Games, a studio behind Roblox-like Crayta game platform, says it will integrate Crayta's toolset into Facebook Gaming's cloud platform  —  Facebook has been making plenty of one-off virtual reality studio acquisitions lately, but today the company announced …

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