Open Links In New Tab
Mobile Archives Advertise
Techmeme
June 17, 2021, 10:45 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Get our daily newsletter and never miss a story!   ⓧ Newsletter

Top News

Lorenzo Franceschi-Bicchierai / VICE:
Researchers: encryption algorithm GEA-1, used in GPRS data in 2G networks, was deliberately weakened by its designers; ETSI blames export regulations  —  A new paper shows that two old encryption algorithms still used in mobile networks can be exploited to spy on phones' internet traffic.
Bobby Allyn / NPR:
Snap eliminates Snapchat's speed filter, which let users show how fast they were moving, after a US court ruled that Snap could be sued for a fatal car crash  —  The maker of the Snapchat app is eliminating a feature known as the “speed filter” that lets users capture how fast they are moving …
Johana Bhuiyan / Los Angeles Times:
Emails from 2016 show Ring provided ~100 LAPD officers with free devices or discount codes and encouraged them to promote its devices to fellow LAPD, the public  —  In a bid to bolster its claims as a crime-fighting tool, Ring deployed a tactic popular in the business world: influencer marketing.
Salvador Rodriguez / CNBC:
Facebook says it will begin testing ads on Oculus headsets, starting with the shooter game Blaston, and won't use data stored on devices to target ads  —  - Facebook on Wednesday announced that it will begin testing advertisements that will appear within the company's Oculus virtual reality headsets.
Casey Newton / Platformer:
By acquiring promising VR games and software companies, Facebook seems to be cornering the VR market, reminiscent of its Instagram and WhatsApp acquisitions
Joe Weisenthal / Bloomberg:
Mark Cuban calls for stablecoin regulation, after trading Iron Finance's algorithmic stablecoin DeFi Titanium, which then crashed from $60 to $0 in a day  —  Here's a chart you never want to see.  It's of the DeFi Titanium token, which in one day went from being valued around $60 to $0.
Bloomberg:
Wise, previously known as TransferWise, plans to go public on the LSE via a direct listing, the first company to choose an alternative listing in the UK  —  - Founders, employees get extra voting rights for limited time  — Direct listings are becoming more popular among U.S. startups
Amanda Silberling / TechCrunch:
Spotify has acquired Podz, a podcast discovery startup whose tech helps podcasters promote their show using ML to select 60-second clips of key moments  —  Podcasts are all the rage, but podcast discovery is a challenge.  Today, Spotify announced its acquisition of Podz …
Sarah Perez / TechCrunch:
Instagram launches ads in Reels worldwide; the ads can be up to 30 seconds and vertical in format  —  Instagram Reels are getting ads.  The company announced today it's launching ads in its short-form video platform and TikTok rival, Reels, to businesses and advertisers worldwide.
Jack Nicas / New York Times:
Profile of Doug Guthrie, an advocate for doing business in China who advised Apple from 2014-2019, as he now warns of the risks of China's nationalist turn  —  Doug Guthrie, once one of America's leading China bulls, rang the alarm on doing business there.  He spoke about his time at Apple.
John Koblin / New York Times:
Nielsen announces a new metric, The Gauge, to measure streaming viewing in ~14,000 US homes via hardware that watches internet traffic passing through a router  —  The company known for measuring television ratings said Netflix and YouTube are far ahead of their digital competitors in time watched on TVs …
Mary Ann Azevedo / TechCrunch:
Unit, which helps companies build financial and banking products, raises $51M Series B led by Accel, bringing its total raises to ~$70M  —  We've all heard the phrase, “Every company is a fintech.”  —  But these days, that's becoming more and more true as an increasing number of companies …
Laurel Deppen / GeekWire:
Seattle-based Leafly, which runs an online marketplace for cannabis, raises $23M from existing investors; Leafly has 120M annual visitors  —  Seattle-based online cannabis marketplace Leafly has closed $23 million in new funding, GeekWire confirmed with the company.
Stephen Shankland / CNET:
Google says it is funding a project to increase Linux security by writing parts of the operating system's core in Rust  —  Google said Thursday it's funding a project to increase Linux security by writing parts of the operating system's core in the Rust programming language …
More: Phoronix, OSnews, and TechRadar
Tweets: @stshank, @jeskillings, @stshank, and @stshank.  Thanks:@stshank
Ingrid Lunden / TechCrunch:
Transform, which develops tools for businesses to query and build metrics from data troves, comes out of stealth with $20M Series A, after $4.5M seed in 2020  —  The biggest tech companies have put a lot of time and money into building tools and platforms for their data science teams …
More: FinSMEs
Danny Crichton / TechCrunch:
Neo4j, which offers a graph-centric database and related products, raises $325M Series F led by Eurazeo at a $2B+ valuation  —  Databases run the world, but database products are often some of the most mature and venerable software in the modern tech stack.
Stephanie Condon / ZDNet:
Adobe beats in Q2 with revenue of $3.84B, up 23% YoY, vs est. of $3.73B, with YoY revenues of Digital Media up 25%, Creative up 24%, and Document Cloud up 30%  —  Adobe beat top and bottom-line expectations for the quarter, with cash flows from operations hitting a record $1.99 billion.
Mishaal Rahman / XDA Developers:
APK teardown of new version of Google Play Services suggests that Google is working to build an Android device network like Apple's Find My  —  Because Apple tightly controls the iOS ecosystem, they're able to build a massive, crowdsourced network of devices that can help locate other devices.
Thanks:@mishaalrahman

Sponsor Posts

TELUS Digital:
Are you ready for the era of agentic AI?  —  Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse.  Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
AI agents: Smart ways to manage work  —  Artificial intelligence is a buzzword you'll hear everywhere today—regardless of the vertical, companies are looking to incorporate it.  At Zoho Cliq, we made AI a part of our platform long before it became a trend.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Techmeme Ride Home:
 Why Does OpenAI Want A Social Network?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Sponsor this podcast
Channels with Peter Kafka:
 How to make money in Washington, with Punchbowl's Jake Sherman
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Spotlight On:
 *RSA Preview* 1Password's Jeff Shiner on balancing B2B and B2C customers in a rapidly evolving tech landscape
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Invest Like the Best:
 Neil Mehta - Finding Future S&P 500 Companies
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Decoder with Nilay Patel:
 Are prediction markets gambling? Robinhood CEO Vlad Tenev is betting not
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Grit:
 Flexport's Third Act: Winning in a Broken Global Trade System
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Add your postcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:45 PM ET, June 17, 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

Reuters:
MoffettNathanson: a US recession may result in $45B in lost ad spend in 2025 and ad budgets shifting from traditional TV to alternatives like streaming services

Julian Sancton / The Hollywood Reporter:
Breakthrough Prize Foundation cut Seth Rogen's criticism of Silicon Valley's Trump support from a “full” YouTube video; a spokesperson blamed the event's length

Devin Leonard / Bloomberg:
A profile of Hipgnosis founder Merck Mercuriadis, who stepped down in July 2024 after accusations of mismanagement, conflicts of interest, and accounting issues

More News

Earlier Picks

Liza Lin / Wall Street Journal:
Leaked memo: ByteDance says its annual revenue in 2020 grew 111% YoY to $34.3B, while gross profit rose 93% YoY to $19B
Elias Saba / AFTVnews:
Amazon Appstore unveils a new program that reduces its share of developer revenue from 30% to 20% for developers earning less than $1M per year, starting in Q4
Jordan Novet / CNBC:
Microsoft has named CEO Satya Nadella as chair of its board, replacing independent director John Thompson, who succeeded Bill Gates as chair in 2014
James Vincent / The Verge:
Facebook launches a new suite of tools for admins of Groups, including AI-powered Conflict Alerts that identify “contentious or unhealthy conversations”
Dieter Bohn / The Verge:
After years of pop-up experiments, Google says its first retail store, located in the Chelsea neighborhood of NYC, will open on June 17
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter