Techmeme: Stripe announces Stripe Identity, a self-serve tool for companies that can be used to verify identities using AI, launching in 30 countries in beta (Ingrid Lunden/TechCrunch)

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June 14, 2021, 4:25 PM

Top News

Bloomberg:

Sources: Apple plans to launch a faster Watch with improved connectivity and screen this year, plus an entry-level model and an extreme sports model next year — - Updated screens and performance this year, new functions later — New entry-level and extreme sports models planned for 2022

Dieter Bohn / The Verge:

Google makes Workspace and Chat available to all and adds client-side encryption for data on Workspace — That's over three billion potential users — Google is announcing some changes to its Workspace suite of apps and services today, including availability for anybody who has a Google account.

Andrew Chung / Reuters:

SCOTUS throws out a lower court ruling that had allowed 3rd-party scraping of LinkedIn users' public profiles, sending the dispute back to federal appeals court — The U.S. Supreme Court on Monday gave Microsoft Corp's (MSFT.O) LinkedIn Corp another chance to try to stop rival hiQ Labs Inc …

More: TechCrunch, Engadget, Seattle Business Journal, and Slashdot

Tweets: @carnage4life, @saramerken, @omertene, and @caseynewton

Ingrid Lunden / TechCrunch:

Stripe announces Stripe Identity, a self-serve tool for companies that can be used to verify identities using AI, launching in 30 countries in beta — A number of startups (eg, here, here, here and here) have fashioned themselves as the “Stripe for identity verification” …

More: Stripe, ZDNet, Finextra, PYMNTS.com, and Candid.Technology

Tweets: @patrickc and @patrickc

Chris Welch / The Verge:

Review of the new $150 Beats Studio Buds: comfortable design and good sound quality but poor ANC, and some AirPods features are missing like audio sharing — Beats tried to do a lot at once — probably too much — with its new earbuds — The new Studio Buds are Beats' second pair …

More: Gizmodo, 9to5Mac, MacRumors, XDA Developers, iThinkDifferent, Ars Technica, BetaNews, Macworld, mobilesyrup.com, AppleInsider, Forbes, TechCrunch, TechRadar, Input, Mashable, TechSpot, 9to5Mac, Tom's Guide, Digital Trends, Wccftech, Cult of Mac, and iMore

Tweets: @caitlin_mcgarry, @verge, @verge, @9to5mac, @dcseifert, and @chriswelch

Jonathan Ponciano / Forbes:

MicroStrategy raises another ~$500M in bonds to buy more bitcoin, and bitcoin's price surged to $40K+ after Elon Musk hinted Tesla may again accept BTC payments — Less than a week after announcing the offering, business analytics firm MicroStrategy, which owns more bitcoin than any other corporation …

More: Bloomberg, Reuters, Finbold, Decrypt, Cointelegraph, and Crypto Briefing

Peter Rudegeair / Wall Street Journal:

Sources: Shopify, Sequoia, others recently bought ~$1B of Stripe stock from existing shareholders before expected IPO; bids topped $4B but only ~$1B were filled — Shopify, Sequoia Capital and others recently bought about $1 billion of shares in fintech Stripe, which could go public late this year or next

More: BetaKit, Globe and Mail, PYMNTS.com, and Coinspeaker

Tweets: @thekenyeung, @carnage4life, @seansilcoff, @wsjmarkets, and @alex

New York Times:

Sources: Apple turned over data to the DOJ about Trump's White House counsel Donald F. McGahn II in 2018 after being subpoenaed; Apple told McGahn last month — The company notified Donald F. McGahn II last month that it had been subpoenaed for his account information three years ago.

More: AppleInsider, KnowTechie, Axios, Philip Elmer‑DeWitt, Engadget, emptywheel, CNN, CNBC, and Insider

Tweets: @seanzadig, @drvolts, @carnage4life, @nytmike, @normeisen, @nycsouthpaw, @frankfigliuzzi1, @johngansjr, @matthew_d_green, @matthew_d_green, and @iamconfused9

Brad Smith / Washington Post:

Secret gag orders imposed by the US government on tech companies must stop, as they abuse citizens' fundamental freedoms and are no longer even used sparingly

More: 9to5Mac, Telecoms.com, AppleInsider, and New York Times

Tweets: @rankingrights, @balbonipaolo, @b_fung, @nakashimae, @washingtonpost, @sangernyt, @howelloneill, @davidshepardson, @teroterotero, @matthew_d_green, @bradsmi, and @1br0wn

Paul Vigna / Wall Street Journal:

Companies with bitcoin on their balance sheets face an accounting risk as they often have to record impairment charges when its value falls — Tesla and other companies that hold the notoriously volatile cryptocurrency often must record impairment charges when its value falls

Tweets: @paulvigna and @wsj

Sara Fischer / Axios:

YouTube will stop accepting ads for its masthead ad unit from certain verticals, including election and political ads, alcohol, gambling, and prescription drugs — The masthead is often the platform's most expensive and sought-after ad unit.

More: CNN, The Verge, Engadget, The Hill, Insider, and Reuters

Tweets: @evelyndouek, @axios, @sarafischer, @sarafischer, and @alexweprin

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:25 PM ET, June 14, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Chris Roush / Talking Biz News:

Memo: Business Insider founder Henry Blodget says he is leaving BI's board, will remain an adviser and contribute occasional columns, and plans to write a novel

Sean Burch / The Wrap:

News Corp reports Q1 revenue up 3% YoY to $2.58B, net income up 148% YoY to $144M, Dow Jones revenue up 3% YoY to $552M, and WSJ subscriptions up 7% YoY to 4.3M

Benjamin Mullin / New York Times:

Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

More News

Sergiu Gatlan / BleepingComputer:

In a week-long operation, Interpol took down ~113K web links to fake pharmacies, and in another recent operation it recovered ~$83M for victims of online crime

More: interpol.int. Tweets: @adam_k_levin, @interpol_sg, and @interpol_tigc

Jaewon Kang / Wall Street Journal:

Grocery courier Boxed says it will go public via SPAC at a $900M valuation; CEO Chieh Huang says the company isn't profitable

More: Texas News Today and d2181

Lauren Feiner / CNBC:

In a letter to SEC chair, Alphabet, Amazon, Facebook, Intel, and others urge SEC to require mandatory disclosures on climate-related matters to shareholders

More: Yahoo Finance and SEC

Maggie Macdonald / The Walrus:

Deepfakes, which are predominantly being used to produce porn, are thriving because the stigma of porn has made it difficult for sex workers to protect their IP

Tweets: @thewalrus, @internetmaggie, @bryonycole, @internetmaggie, @thewalrus, @thewalrus, @thewalrus, and @sesmith

Alex Barker / Financial Times:

Sources: UK government is planning far-reaching reforms to protect public service media by reducing Google, Amazon, and Samsung's bargaining power

Earlier Picks

Ruth Bender / Wall Street Journal:

Germany adopts legislation aiming to end its status as a haven for patent litigators, who have increasingly targeted tech companies

Chris Metinko / Crunchbase News:

Immersive Labs, which helps employees learn security skills in a gamified way, raises $75M Series C led by Insight Partners, bringing its total raised to $123M

More: SiliconANGLE, Tech.eu, EU-Startups, Silicon Canals, Enterprise Times, FinSMEs, ZDNet, SecurityWeek, and TechCrunch. Tweets: @crunchbasenews

Mike Butcher / TechCrunch:

UK-based Motorway, which allows professional car dealers to bid for privately-owned cars for sale, raises £48m Series B led by Index Ventures

More: Index Ventures, Tech.eu, and Sifted

Sage Lazzaro / VentureBeat:

UNESCO: AI and robotics have “dominated scientific output” in recent years; ~150K research articles were published on those subjects in 2019, up 44% from 2015

Tweets: @noahpinion, @fabiochiusi, @alexisohanian, @mattyglesias, and @levie