Techmeme
June 21, 2021, 12:00 PM

Top News

Global Times:
China's Sichuan Province closes crypto mines, following Xinjiang, Inner Mongolia, and Yunnan; an estimated 90% of China's mining capacity has now been shut down  —  Many Bitcoin mines in Southwest China's Sichuan Province - one of China's largest cryptocurrency mining bases - were closed as of Sunday …
Sarah Perez / TechCrunch:
Facebook rolls out Live Audio Rooms, available to verified public figures and select Groups, and its podcast service, available to select partners, in the US  —  In April, Facebook announced a series of planned investments in new audio products, including a Clubhouse live audio competitor as well as new support for podcasts.
Sami Fathi / MacRumors:
Germany's Federal Cartel Office announces an antitrust investigation into Apple's App Store, pre-installed apps, and more  —  Germany's Federal Cartel Office, the Bundeskartellamt, today initiated proceedings against Apple on the claims of anti-competitive behavior related to the App Store …
Richard Pallot / ITV:
Investigation finds Amazon has been destroying thousands of unsold goods at its UK-based Dunfermline warehouse; source says 130K items are destroyed per week  —  Exclusive: Watch footage showing the ‘destruction zone’ in Amazon's Dunfermline warehouse where millions of unsold items are destroyed every year
Sam Shead / CNBC:
Google says it has decided not to reopen Campus, its London-based startup space, after the pandemic forced it to close  —  - The Silicon Valley tech giant announced on Monday that it has decided “not to reopen” Campus in East London after it was forced to close by the coronavirus pandemic.
The Information:
Sources: Shopify is rolling out a service that will let BuzzFeed and other content publishers link to merchants in exchange for a cut of transaction revenue  —  Shopify, which has become a major force in e-commerce by providing online tools to merchants, is rolling out a new service …
Romain Dillet / TechCrunch:
Revolut says it had $361M in 2020 revenue, up 57% YoY, non-adjusted operating loss reached $277M due to staff costs, and retail customers rose 45% to 14.5M  —  Fintech startup Revolut has filed some financial results and is sharing details with the press.  In 2020, the company reported $361 million …
Martin Arnold / Financial Times:
European Central Bank board member says a digital euro will protect consumer privacy and protect the eurozone from the “threat” of competing cryptocurrencies  —  Fabio Panetta admits some oversight by regulators is necessary to avoid misuse  —  The introduction of a digital euro …

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:
Everything new in the Zoho Sign Android mobile app  —  With a 4.5 star user rating in the Google Play Store, Zoho Sign's native mobile app for Android is a must-have for secure, swift, and hassle-free paperwork management.
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.

Featured Podcasts

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.
Techmeme Ride Home:
Why Is OpenAI Going Backwards (Name-Wise)?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
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.
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.
Lenny's Podcast:
Everyone's an engineer now: Inside v0's mission to create a hundred million builders | Guillermo Rauch (founder & CEO of Vercel, creators of v0 and Next.js)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:00 PM ET, June 21, 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.

More News

Ax Sharma / BleepingComputer:

Earlier Picks

Matt Dougherty / KHOU-TV:
Rita Liao / TechCrunch:
Wall Street Journal: