Techmeme
June 22, 2021, 12:50 PM

Top News

Javier Espinoza / Financial Times:
European Commission says it has opened an antitrust investigation into whether Google favors its own display ad tech over rivals  —  Brussels to examine whether US group broke rules by giving an advantage to its own services  —  The EU has announced a formal investigation …
Ian Hamilton / UploadVR:
After agreeing to be Facebook's first VR ad test partner, Resolution Games says it won't move forward with the test in its paid VR game Blaston  —  Resolution Games won't be moving forward with a Facebook advertising test in its paid VR game Blaston.  —  The studio may still consider testing ads in its free fishing game Bait!
Noah Smith / Noahpinion:
Q&A with Marc Andreessen on his “It's Time to Build” essay, techno-optimism, Clubhouse and Substack's potential, “Augmented Intelligence”, crypto, and more  —  Marc Andreessen should need no introduction, but I'll do one anyway.  He helped code the first widely …
Jon Porter / The Verge:
London's mayor says the Underground will have mobile coverage by the end of 2024 across the entire network, with some popular stations by the end of 2022  —  Popular stations like Oxford Circus, Euston, and Bank will connected by end of 2022  —  By the end of 2024, passengers …
Omkar Godbole / CoinDesk:
Bitcoin falls to around $30,000, its lowest level since January 28 after a $64,000 peak in mid-April, as China continues to crackdown on mining  —  The decline brings the year-to-date gain down to just 3%, according to CoinDesk 20 data.  —  Bitcoin dipped below the long-held support at $30,000 on Tuesday …
Global Times:
Kait Bolongaro / Bloomberg:
Canadian lawmakers pass a controversial bill that would subject tech giants to the same requirements as traditional broadcasters; bill now heads to the Senate  —  - Move would prioritize Canadian content, echoing broadcast law  — But critics say it threatens free speech on user-driven sites
Carly Page / TechCrunch:
Boston-based Transmit Security, which is building a biometric-based authenticator, raises $543M Series A at a $2.2B pre-money valuation  —  Transmit Security, a Boston-based startup that's on a mission to rid the world of passwords, has raised a massive $543 million in Series A funding.
Tim Hardwick / MacRumors:
UK government says it will test its new national Emergency Alerts system, starting with Android devices today before a smaller, regional iPhone test next week  —  The U.K. government on Tuesday will perform its first national test of a new Emergency Alerts system, but only Android users …
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,
Vicky McKeever / CNBC:
Dating app Bumble says it's giving all ~700 employees a “paid, fully offline one-week vacation” in June, recognizing the challenges endured during the pandemic  —  Bumble CEO Whitney Wolfe Herd has given the dating app's 700 employees this week off as paid vacation in an effort to help with burnout.
Ingrid Lunden / TechCrunch:
Oyster, which develops HR software for a distributed workforce, raises $50M Series B led by Stripes at a $475M valuation, up 6x from its previous valuation  —  The future of work is long on long-distance, and today a startup that's built a platform to help organizations hire global talent …
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 …
Paul Sawers / VentureBeat:
G2, which crowdsources enterprise software reviews and helps paying customers glean insights, raises $157M Series D at a $1B+ valuation  —  Elevate your enterprise data technology and strategy at Transform 2021.  —  Business software review marketplace G2 (formerly known as G2 Crowd) …

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Chaim Gartenberg / The Verge:
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