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June 9, 2021, 7:30 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:
Federal Computer Week, Wall Street Journal, NBC News, MarketWatch, Axios, Insider, Politico, Bloomberg, Reuters, Reuters, CNN, NPR, and New York Times
Tweets: @briandeesenec, @noahpinion, @toddntucker, @cptwei, and @dorismatsui
| Arjun Kharpal / CNBC: |
El Salvador becomes the first country to adopt bitcoin as legal tender after lawmakers voted by a “supermajority” in favor of its new Bitcoin Law — - El Salvador's has become the first country to adopt bitcoin as legal tender. — Lawmakers in the South American country's Congress voted …
More:
FREOPP.org, Reuters, Gizmodo, CoinDesk, CoinDesk, Blockcrunch, Bloomberg, Axios, and Crypto Briefing
Tweets: @nayibbukele, @nayibbukele, @avik, @neerajka, @deepakshenoy, @prestonjbyrne, @satoshilite, @balajis, and @ftx_official
| 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:
Insider, Insider, The Verge, phonearena.com, International Business Times, WeRSM, Social Media Today, PetaPixel, and Adweek
Tweets: @mosseri, @carnage4life, @kaludiasays, @liahaberman, @mikeisaac, @rmac18, @mosseri, @cjzero, @snackfight, @spurs_four, @nickclegg, @instagramcomms, @stalman, and @mosseri
| 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, Tubefilter, Bloomberg, BuzzFeed News, Gizmodo, Neowin, Social Media Today, and Variety
Tweets: @mosseri, @mosseri, @chrismessina, @iiiitsandrea, @jackdamn, and @vishalshahis
| 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:
9to5Mac, Medium, 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, 500ish, Wired, and TechRadar
Tweets: @rjonesy, @alexcwilliams, @pressgazette, @jacksondame, @jbenton, @niemanlab, @nathanbarry, @ddamned, @martinsfp, @jbenton, and @mattnavarra
| 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, Pocket-lint, iMore, MacRumors, androidauthority.com, iDownloadBlog.com, Digital Trends, 9to5Mac, mobilesyrup.com, AppleInsider, Somag News, India Today, The Digital Fix, Republic World, The Apple Post, Dance Music NW, Stuff, What Hi-Fi?, and SlashGear
Tweets: @samifathi_, @stroughtonsmith, @snazzyq, @zollotech, @jsngr, @tldtoday, @snazzyq, @tldtoday, @bzamayo, @maxwinebach, @tldtoday, and @snazzyq
| 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, The Hill, Techdirt, Insider, CNET, and Reuters
Tweets: @ohioag, @rustybrick, @jordanchariton, @craigcalcaterra, @mmasnick, and @bryanrbeal
| 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.| 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.
More:
Pixel Envy. Tweets: @kevinroose, @jathansadowski, @parkermolloy, @karenkho, @mekosoff, @mtsw, @gretakaul, @caleweissman, @jnco_jorts, @brynstole, @bigblackjacobin, @ddayen, @awinston, @dgelles, @cubicleapril, @nytimes, @glennf, @familyunequal, @dhmontgomery, @kathrynw5, @brokenbottleboy, and @lordravenscraft
| 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, Federal Bureau …, Washington Post, New York Times, Ars Technica, VICE, TNW, BBC, NBC News, Reuters, TGDaily, The Register, CBS News, ComputerWeekly.com, MediaNama, PCMag, Firstpost Tech, ZDNet, BleepingComputer, New York Magazine, NPR, Reuters, USA Today, Washington Post, Fortune, and The Hacker News
| 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.| 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: @lmatsakis, @anirvan, @anupkaphle, @restofworld, @mattnavarra, @nothiast, @eehrn, @lmatsakis, and @lmatsakis
| 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 … | 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, Finbold, Forkast, and Decrypt
Tweets: @bitcoinmagazine, @bneiluj, and @tedfrank
| 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, The Verge, XDA Developers, SlashGear, MediaNama, MSPoweruser, Search Engine Land, and 9to5Google
Tweets: @lewis_crofts, @timschu, @suka_hiroaki, @lewis_crofts, @lewis_crofts, @a_maehl, and @technology
| Isabel Woodford / Sifted: |
Scalable Capital, a Germany-based neo-broker and wealth management service, raises $180M Series E led by Tencent at a $1.4B valuation — The round is led by Tencent, continuing a trend of Chinese funds investing in European fintech. — Scalable Capital fundraise gives Germany its sixth fintech unicorn| Manish Singh / TechCrunch: |
Bangalore-based Refyne, which works with employers to let workers access their earned salaries in real-time, raises $16M Series A after a $4.1M seed in Dec. — A young Indian startup that is betting that earned wage access solutions will take off in the South Asian nation said on Wednesday …
More:
Entrackr, Livemint, and The Economic Times
| Ari Levy / CNBC: |
Marc Benioff says he expects 50% to 60% of Salesforce employees to work from home even after the pandemic ends, up from about 20% before the pandemic hit — - In an interview on Monday, Salesforce CEO Marc Benioff said that the number of employees working from home will remain high even after the pandemic ends.
Tweets: @amydiehl
| Tom Simonite / Wired: |
An inside look at how Google's Ethical AI team fell apart following the contentious departure of Timnit Gebru and then Margaret Mitchell — She was a star engineer who warned that messy AI can spread racism. Google brought her in. Then it forced her out. Can Big Tech take criticism from within?
Tweets: @laurakalbag and @timnitgebru
| Aman Sethi / New York Times: |
A look at the legal fight between Amazon and Reliance over Indian retail company Future Group, which has agreed to sell its retail assets to Reliance for $3.4B — The American company sees big potential in the country's nascent e-commerce market. Both sides view a troubled grocery store chain as the key to success.| 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 … Sponsor Posts
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