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June 9, 2021, 2:05 AM
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| Makena Kelly / The Verge: |
Senate passes bill providing $52B for domestic semiconductor manufacturing, a 30% NSF funding bump, and $29B for science directorate; bill now heads to House — The funding is on track to meet Biden's chip goals — This story is part of a group of stories called| Christina Wilkie / CNBC: |
Biden admin announces steps to bolster US supply chains, including for chips and rare earth metals, and a “strike force” to combat unfair trade practices — - The Biden administration announces new actions designed to strengthen critical U.S. supply chains.
Source:
The White House. More:
Wall Street Journal, NBC News, MarketWatch, Insider, Politico, Reuters, Reuters, Bloomberg, Axios, NPR, and New York Times
Tweets: @cptwei, @briandeesenec, @noahpinion, @toddntucker, and @dorismatsui
| Adam Mosseri / Instagram: |
In the first of a series of blog posts, Instagram explains how it ranks Feed, Stories, Explore, and Reels, and addresses “shadowbanning” accusations — It's hard to trust what you don't understand. We want to do a better job of explaining how Instagram works.
More:
PetaPixel, Engadget, Adweek, WeRSM, and Social Media Today
Tweets: @mixtatiq, @mosseri, @carnage4life, @stalman, @mosseri, @kaludiasays, @j_levy, @liahaberman, @mikeisaac, @rmac18, @mosseri, @snackfight, @spurs_four, @nickclegg, and @instagramcomms
| Karissa Bell / Engadget: |
Facebook and Instagram will now reward influencers with cash bonuses for hitting certain milestones, like selling a set number of badges in an Instagram stream — new tools to help its creators earn more money from the platform. At its first Creator Week event, Mark Zuckerberg introduced …
More:
About Facebook, BuzzFeed News, Bloomberg, PYMNTS.com, Gizmodo, Neowin, Variety, and Tubefilter
Tweets: @mosseri, @mosseri, @chrismessina, @iiiitsandrea, @jackdamn, and @vishalshahis
| Sarah Perez / TechCrunch: |
Apple Music debuts Spatial Audio and Lossless Audio and adds Spatial Audio playlists, says Spatial Audio support is “coming soon” for Android devices — Last month, Apple announced it would soon add lossless audio streaming and Spatial Audio with support for Dolby Atmos to its Apple Music subscription at no extra charge.
More:
Apple, CNET, androidauthority.com, Digital Trends, iMore, Republic World, iDownloadBlog.com, The Apple Post, mobilesyrup.com, Dance Music NW, India Today, Somag News, MacRumors, The Digital Fix, Stuff, 9to5Mac, SlashGear, and What Hi-Fi?
Tweets: @samifathi_, @stroughtonsmith, @snazzyq, @zollotech, @jsngr, @tldtoday, @snazzyq, @tldtoday, @bzamayo, @maxwinebach, @tldtoday, and @snazzyq
| Casey Newton / Platformer: |
Ad-supported and subscription-only newsletters both have ways to understand audiences without the tracking pixels blocked by Apple's Mail Privacy Protection — How Mail Protection Privacy will force the email economy to adapt — Today, let's talk about one of Apple's many announcements …
More:
AppleInsider, world.hey.com, and MacStories
Tweets: @benedictevans, @baekdal, @mattietk, @baekdal, @patrickmcgee_, @baekdal, @dhh, @caseynewton, @benedictevans, @mattietk, @mattietk, @mattietk, and @baekdal
| Joshua Benton / Nieman Lab: |
More:
Litmus, Wired, Medium, TechRadar, and The Verge
Tweets: @rjonesy, @alexcwilliams, @jacksondame, @jbenton, @niemanlab, @nathanbarry, @ddamned, @martinsfp, @jbenton, and @mattnavarra
| Jackie Borchardt / The Columbus Dispatch: |
Ohio's AG files lawsuit with Delaware County Court alleging that Google's search business is anticompetitive and asks court to declare Google a public utility — Ohio Attorney General Dave Yost has filed a lawsuit asking a court to declare Google a public utility that should be regulated as such.
More:
Ohio Attorney General …, Wall Street Journal, The Register, Ars Technica, CNET, Techdirt, and The Hill
Tweets: @jordanchariton, @ohioag, @rustybrick, @craigcalcaterra, @mmasnick, and @bryanrbeal
| Kevin Roose / New York Times: |
As Uber and Lyft aim to become profitable this year, it seems like a golden era of VC-subsidized services, from Uber to Bird and MoviePass, is coming to an end — The price for Ubers, scooters and Airbnb rentals is going up as tech companies aim for profitability.| Sarah Perez / TechCrunch: |
Apple opens up the ShazamKit framework to third-party apps, including on Android, allowing them to use Shazam's audio recognition tech — Apple in 2018 closed its $400 million acquisition of music recognition app Shazam. Now, it's bringing Shazam's audio recognition capabilities to app developers in the form of the new ShazamKit.| TechCrunch: |
Many large websites went down Tuesday, including Amazon, Twitch, BBC, NYT, Spotify, Reddit, and FT, due to an issue at the Fastly CDN, which has now been fixed — Countless popular websites including Reddit, Spotify, Twitch, Stack Overflow, GitHub, gov.uk, Hulu, HBO Max, Quora, PayPal …
More:
Fastly Blog, Wired UK, Wall Street Journal, APNIC, Axios, Ars Technica, and PYMNTS.com
| Ben Thompson / Stratechery: |
Apple's tight integration is how it creates great experiences like SharePlay, but the advantage is imperiled by anticompetitive App Store rules like the 30% cut — Apple acquired Dark Sky, the popular weather app and weather API provider, in March of 2020; the Android version was shut down in July, and the API in December.| Catalin Cimpanu / The Record: |
In a huge sting operation, FBI and Australian Federal Police ran an encrypted chat service AN0M for 3+ years to intercept messages between criminals globally — The FBI and Australian Federal Police ran an encrypted chat platform and intercepted secret messages between criminal gang members …
More:
VICE, Europol, New York Times, Federal Bureau …, Washington Post, Ars Technica, VICE, BBC, ComputerWeekly.com, CBS News, Firstpost Tech, PCMag, ZDNet, BleepingComputer, Engadget, CNN, Reuters, NBC News, NPR, USA Today, Fortune, Bitcoinist.com, Washington Post, New York Magazine, Reuters, and The Hacker News
| Aoife White / Bloomberg: |
Google will show more mobile search apps to choose from on new Android phones in Europe and make participation free for search providers — - Company will show more mobile search apps and get rid of a fee — Google has faced criticism over compliance with an EU order
More:
The Keyword, TechCrunch, SlashGear, Search Engine Land, and 9to5Google
Tweets: @lewis_crofts, @timschu, @suka_hiroaki, @lewis_crofts, @lewis_crofts, @a_maehl, and @technology
| Joanna Ossinger / Bloomberg: |
Chainalysis: American bitcoin traders made $4.1B in profits last year, 3x more than Chinese traders, followed by Japan, UK, Russia, and Germany — - Chainalysis ranks top 25 countries by biggest realized gains — China comes in second, with $1.1 billion in Bitcoin profits
More:
blog.chainalysis.com, Forkast, Bitcoin Magazine, and Decrypt
Tweets: @tedfrank, @bneiluj, and @bitcoinmagazine
| Meaghan Tobin / Rest of World: |
Facebook says it fixed a proxy error in its Discover app after researchers found it removed images from other websites more frequently than Facebook's services — Researchers found the new connectivity app favored Facebook's own products. The company said it fixed the issue after Rest of World asked about it.
More:
Engadget, ACM Digital Library, and The Overspill
Tweets: @restofworld, @lmatsakis, @anirvan, @anupkaphle, @lmatsakis, @eehrn, @lmatsakis, @mattnavarra, and @nothiast
| Wallace Witkowski / MarketWatch: |
After its April IPO, UiPath reports Q1 revenue of $186.2M, up 65% YoY, ARR of $653M, up 64% YoY, and a loss of $239.7M, vs ~$53M YoY; stock down ~7% after hours — Stock closes Tuesday 36% above April IPO price — UiPath Inc. shares fell in the extended session Tuesday even after the … | Rebecca Szkutak / Forbes: |
Grabango, which develops computer vision-based check-out free tech for existing grocery and convenience stores, raises $39M Series B led by Commerce Ventures — In 2016 Will Glaser was consulting for tech companies and found himself increasingly immersed in autonomous vehicles … | Sam Byford / The Verge: |
Adobe launches M1 Mac-native versions of more Creative Cloud apps including Lightroom Classic and Illustrator, claims 80%+ faster performance than Intel Macs — Performance should be about twice as fast as an equivalent Intel Mac — Adobe is now shipping new versions of more Creative Cloud apps …
More:
Adobe Blog, iThinkDifferent, PetaPixel, AppleInsider, and Gizmodo
Tweets: @dcominottim and @jbenton
| Melissa Heikkilä / Politico: |
An open letter with 170 signatories in 55 countries calls for a ban on biometric recognition tech, after EU proposes AI rules that critics say have loopholes — Activists fear loopholes in the bloc's artificial intelligence bill could allow for widespread facial recognition beyond Europe's borders.
Tweets: @accessnow and @libertyhq
| ProPublica: |
Leaked IRS data shows how billionaires manage to pay little in income tax; in 2007 and 2011, Jeff Bezos paid zero income tax, and Elon Musk did the same in 2018 — The Secret IRS Files — In 2007, Jeff Bezos, then a multibillionaire and now the world's richest man, did not pay a penny in federal income taxes.
More:
ProPublica, The Save Journalism Committee, BBC, New York Times, Washington Post, VICE, Observer, MarketWatch, ProPublica, MarketWatch, Insider, Axios, TNW, The Hill, CNET, CNN, Forbes, and The Guardian
Tweets: @dicktofel, @dicktofel, @eisingerj, @felixsalmon, @steventdennis, @sruhle, @jdotarnold, @ewarren, @rmac18, @jamessurowiecki, @nickconfessore, @pwnallthethings, @jbarro, @propublica, @counternotions, @connieschultz, @asymmetricinfo, @fredericl, @jeffnolan, @pwnallthethings, @pt, @ggreenwald, @rmac18, @carnage4life, @deathswap1, @jbarro, @carnage4life, @artplaie, @asymmetricinfo, @asymmetricinfo, @brianstelter, @justinhendrix, @rmac18, @carnage4life, @wajahatali, @gdebenedetti, @caseyjohnston, @caseyjohnston, @brianklaas, @mattlargey, @eisingerj, @matthewstoller, @dicktofel, @davidgura, @dicktofel, and @propublica
| Bloomberg: |
Under G7's proposed tax rules, tech giants like Facebook and Apple would still be unlikely to shift bases from Ireland, which has perks like a low 12.5% rate — - Irish incentives such as tax treaties continue to be a draw — Tech companies have publicly supported the G7 agreement
More:
The Irish Times and Financial Times
Tweets: @fboversight, @salehamohsin, @diarmidos, @taxwatch, and @ivanlevingston
| Cassidy Ritter / Built In Austin: |
Overhaul, whose software allows companies to have full visibility of their supply chain in real time, raises $35M Series B led by Macquarie Capital — Supply chain startup Overhaul announced Tuesday it raised a $35 million Series B round. This brings the company's total funding to $55 million …
More:
Austin American-Statesman and Overhaul
| Ankit Ajmera / Reuters: |
Chinese grocery delivery app Dingdong Maicai, which is backed by Sequoia Capital and Tiger Global Management, has filed for a US IPO; it has raised $1B+ total — (Reuters) - Chinese grocery app Dingdong Maicai, backed by investors including Sequoia Capital and Tiger Global Management …
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