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June 21, 2021, 10:20 PM
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Top News

Daisuke Wakabayashi / New York Times:
Current and former Google execs say the company suffers from both its size and Sundar Pichai's leadership, marked by delayed decisions and raging culture fights  —  Despite record profits, a number of them are worried that the company is suffering from both its size and leadership from its C.E.O., Sundar Pichai.
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 …
Coco Feng / South China Morning Post:
As China expands its crackdown on cryptocurrency mining farms, analysis shows the price of GPUs has fallen on many e-commerce platforms in the country
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.
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
Nicole Lee / Engadget:
TikTok launches TikTok Jump to let creators enhance their videos by adding mini-app integrations from select partners including Whisk, Wikipedia, Quizlet, more  —  TikTok creators may no longer need to add a “link in bio,” at least to certain kinds of content.  Today,
Ron Amadeo / Ars Technica:
Google quietly pushed Massachusetts' MassNotify COVID tracking app to Android phones in the state; after debuting last week, the app has 1M to 5M installs  —  Massachusetts launched a COVID tracking app, and uh, it was automatically installed?!  —  Over the weekend, Google and the state …
Katharine Schwab / Fast Company:
Survey of 37 tech giants: $3.8B committed to diversity efforts in 2020 and 2021, ~2/3 had made some kind of DEI policy change after the summer 2020 protests  —  One year after protests against police brutality shook much of the corporate world awake to the problems of racial equity in the workplace …
Kyle Wiggers / VentureBeat:
HPE says it has acquired Determined AI, which is developing an open source platform for building machine learning models; terms of the deal were not disclosed  —  Hewlett Packard Enterprise (HPE) today announced it has acquired Determined AI, a San Francisco, California-based startup developing …
BBC:
How North Korean hackers nearly stole $951M from Bangladesh Bank's New York Fed account in 2016, only to be stopped at the last moment after transferring $81M  —  In 2016 North Korean hackers planned a $1bn raid on Bangladesh's national bank and came within an inch of success …

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This is a Techmeme archive page. It shows how the site appeared at 10:20 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.

From Mediagazer

Variety:
AMC Networks acquires full control of BBC America, after BBC Studios sold its remaining 50.1% interest in the channel to AMC Networks for $42M in cash

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

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

More News

Katherine Anne Long / The Seattle Times:
Internal docs: Amazon tries to push 6% of its office staff out of the company each year, calling the loss of low-ranked office workers “unregretted attrition”
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

Earlier Picks

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
Sam Shead / CNBC:
Google says it has decided not to reopen Campus, its London-based startup space, after the pandemic forced it to close
Sami Fathi / MacRumors:
Germany's Federal Cartel Office announces an antitrust investigation into Apple's App Store, pre-installed apps, and more
Sarah Frier / Bloomberg:
Real estate mogul Frank McCourt says he plans to invest $100M to build a blockchain-based database of social connections, sidestepping the dominant social apps
Ax Sharma / BleepingComputer:
Researcher finds iPhone bug that disables wireless functionality after joining a WiFi network called “%p%s%s%s%s%n”; resetting network settings fixes the issue
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