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June 23, 2021, 2:00 PM
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memeorandum
WeSmirchTop News
| Tim Higgins / Wall Street Journal: |
In a new report, Apple says letting iOS users sideload apps would undermine privacy protections, complicate parental controls, and potentially expose user data — Company says allowing users to download software onto their iPhones without using the App Store jeopardizes protections
Source:
Apple. More:
Stratechery, The Guardian, Stratechery, CNET, Bloomberg, Livemint, 9to5Mac, PCMag, OSnews, Computerworld, CNBC, fossbytes.com, AppleInsider, and Insider
| Lauren Feiner / CNBC: |
Morning Consult poll of 2,000 US voters: 53% at least somewhat support Congress' Big Tech antitrust bills; 44% rank tech regulation as their lowest priority — - A new poll commissioned by tech industry-funded group shows 53% of voters favor at least some tech regulation.
More:
Fast Company, CNBC, Gizchina, Chamber of Progress, Chamber of Progress, Fox News, and Washington Post
Tweets: @quinnypig, @iansherr, @progresschamber, @adamkovac, @lauren_feiner, and @lauren_feiner
| Politico: |
More:
International Business Times, Tech Xplore, Politico, iDownloadBlog.com, and Neowin
Tweets: @kellymakena, @jmartnyt, @leah_nylen, @ggreenwald, @jmartnyt, @politico, @viacristiano, @jrhuddles, @mzanona, @politico, @viacristiano, @mzanona, @mzanona, @jrhuddles, and @ggreenwald
| Yogita Khatri / The Block: |
Analysis: bitcoin's hashrate, or the power needed to mine it, has nearly halved from 168,000 PH/s on May 15 to 86,000 PH/s on June 23, as its price falls — Quick Take — Bitcoin hashrate has declined by nearly 50% in over a month, according to The Block Research.| Zheping Huang / Bloomberg: |
Bitmain, the largest producer of crypto mining equipment, suspends sales of machines for spot delivery globally, as top-tier rig prices drop ~75% since April — - Bitmain takes step to help prop up second-hand prices — Cost of a top-tier rig plunged by about 75% since April| Bloomberg: |
Two South African brothers who founded crypto investment firm Africrypt vanished with ~69,000 bitcoins, worth $3.6B+, after informing clients of an alleged hack — - Lawyers hired by investors piece together funds' disappearance — Africrypt loss would rank among biggest-ever crypto heists| Reuters: |
DOJ says it has seized 36 Iranian media websites and sites for groups affiliated with Iran that are linked to Iranian disinformation for violating US sanctions — The U.S. Justice Department said on Tuesday it seized 36 Iranian-linked websites, many of them associated with either disinformation activities …
More:
U.S. Department of Justice, CNN, CyberScoop, CNN, Bloomberg, Washington Post, New York Times, RT, Associated Press, Wall Street Journal, Voice of America, The Hill, Al Jazeera, Axios, Radio Free Europe/Radio …, Associated Press, Mediaite, Insider, Ars Technica, VICE, and Softpedia News
Tweets: @presstv, @presstv, @aayoub, @bortzmeyer, @trevortimm, @gpingersoll, @partisangirl, @maasalan, @balajis, @kevinghall, @snarwani, @wallacemick, @snarwani, @jasonmbrodsky, @muradgazdiev, @ncscgov, and @mmasnick
| Todd Spangler / Variety: |
EA says it will buy Warner Bros. Games' Playdemic mobile games studio, known for one of the top mobile games “Golf Clash”, for $1.4B in cash — Founded in 2010, Playdemic is known for “Golf Clash,” which lets players compete with each other around the world in real time.
More:
ir.ea.com, GamesIndustry.biz, TechCrunch, Engadget, Bloomberg, Game Rant, Reuters, IGN, Pocket Gamer.biz, Axios, and The Hollywood Reporter
Tweets: @stephentotilo, @xpangler, @zhugeex, @xpangler, and @quinnypig
| David McLaughlin / Bloomberg: |
Antitrust experts say the biggest obstacle to Lina Khan's agenda will be a conservative judiciary, which has made it difficult for regulators to win big cases — The fiercest foes of America's technology giants cheered when Lina Khan, a professor at Columbia Law School …
More:
Protocol, Associated Press, and Gizchina
| Natasha Lomas / TechCrunch: |
International coalition of consumer groups, digital and civil rights organizations, and data protection experts call for ban on “surveillance-based advertising” — An international coalition of consumer protection, digital and civil rights organizations and data protection experts … | Mark Nottingham / mnot's blog: |
How recent actions against Big Tech in the US, UK, and EU could inadvertently lead to more fragmentation and ossification of the internet — A big change in how the Internet is defined - and who defines it - is underway. — For a while now, it's been apparent that Internet and Web standards have stagnated at the ‘top’ of the stack.
More:
Data protection …. Tweets: @rdbinns, @webdevlaw, @jyasskin, @jackyalcine, @carnage4life, and @mnot
| Alex Hern / The Guardian: |
Tim Berners-Lee defends his decision to auction an NFT representing the web's source code, comparing it to the sale of an autographed book or a speaking tour — Creator of the world wide web says digital asset is ‘totally aligned with the values of the web’| Tom Warren / The Verge: |
What to expect from Microsoft's “next generation” Windows event on Thursday: new Windows 11 UI, updated Windows Store, and a focus on productivity and gaming — Microsoft's “next generation” of Windows event is taking place later this week, on June 24th at 11AM ET.
More:
Windows Central, Windows Central, Insider, WinBuzzer, Trusted Reviews, and International Business Times. Tweets: @tomwarren
| Tracy Qu / South China Morning Post: |
Kuaishou now has 1B monthly active users globally, joining rivals ByteDance and Tencent, including on its Kwai and Snack Video apps — China's No 2 short video-sharing app operator joins rival ByteDance and Tencent as internet platforms with 1 billion monthly active users Kuaishou's tally covers …
More:
TechCrunch
| Aaron Schaffer / Washington Post: |
Breakdown of officials in Biden's administration who have worked at tech giants: Facebook leads with 11 officials, followed by Alphabet at 10 and Microsoft at 8 — Technology and cybersecurity policy researcher — Dozens of top Biden administration officials have professional ties …
Tweets: @fboversight, @brianmcc, and @alaneyre1
| Mary Ann Azevedo / TechCrunch: |
Ohio-based Lower, which offers online home financing services, raises $100M Series A led by Accel, its first external funding round in its seven-year history — Lower, an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel.
More:
FinSMEs, Finextra, Crunchbase News, and Columbus Business Journal
| Dan Goodin / Ars Technica: |
Researcher: counterfeit packages on the official Python repository, downloaded ~5,000 times, contained code that installed cryptomining software — Open source repositories can be vectors for badness, so look before you run. — Counterfeit packages downloaded roughly 5,000 times … | Ashley Carman / The Verge: |
Instagram says it will test mixing suggested posts throughout primary feeds, even above posts from people users follow, and adds new controls — A priority on algorithm-chosen content — Instagram says reception to its “suggested posts” feature has been so positive that it's launching a new test …
More:
TechCrunch. Tweets: @fraying, @aliciatenise, @tayhatmaker, @tayhatmaker, @robaeprice, @caseynewton, @mk_rexx, and @dutchnorris_
| Bloomberg: |
Microsoft has become the second public US company to reach a $2T market value, after Apple did in August 2020 and two years after hitting its first $1T in value — - Shares of the software giant have gained 19% so far this year — Only Apple and Saudi Aramco had hit $2 trillion in value
More:
Softpedia News, PCWorld, GeekWire, Thurrott, Petri, CNN, Gizmodo, Coinspeaker, TechSpot, Windows Central, GamesIndustry.biz, KnowTechie, TNW, AppleInsider, IT Management, Barron's Online, Axios, MSPoweruser, and CRN
Tweets: @bdsams, @livemint, @kirkrooster, @seattletimes, @livemint, and @blockchainblitz
| Cam Wilson / Crikey: |
Australia's controversial Online Security Bill is about to become law, expanding the eSafety Commissioner's ability to censor the internet — The controversial Online Safety Bill will give broad censorship powers to the eSafety commissioner, and experts warn that it could harm those it purports to save.
More:
iTnews, The New Daily, Paul Fletcher MP, ZDNet, Bloomberg, InnovationAus, Commonwealth of Australia, and iTnews
Tweets: @cameronwilson, @paulfletchermp, @swlrv, @andydentperth, @inara1102, @gildrgil, @innov_aus, @cameronwilson, and @otdderamin
| Jackie Davalos / Bloomberg: |
Uber will add labels to Uber Eats in PA and DC saying app menu prices might be higher than those charged by restaurants, after pressure from the states' AGs — - New disclosure will be included in the checkout page — The addition will only apply to D.C. and Pennsylvania| Rebecca Ratcliffe / The Guardian: |
Rights Group Global Witness study finds Facebook is promoting content that incites violence against Myanmar's coup protesters and amplifies junta misinformation — Posts ranging from wanted posters to death threats remain online for months, breaching platform's own standards
More:
Washington Post, Global Witness, and KrASIA
Tweets: @global_witness, @yangheeleeskku, @rvawonk, and @michaelpmdavis
| Frederic Lardinois / TechCrunch: |
Vercel, which develops the popular open-source Next.js React framework, raises $102M Series C led by Bedrock Capital at a $1.1B valuation — Vercel, the company behind the popular open-source Next.js React framework, today announced that it has raised a $102 million Series C funding round led by Bedrock Capital.
More:
VentureBeat, The New Stack, and SiliconANGLE
| Faseeh Mangi / Bloomberg: |
Pakistan outlines plans to double its IT industry in two years using new tech zones, after missing out on tech booms that lifted India and the Philippines — - New tech zones may double IT industry to $6 billion in 2 years — Pakistan has huge youth population, world's No. 3 gig economy
Tweets: @economypak
| Wall Street Journal: |
Sources: Ant Group is in talks with Chinese state-owned companies to create a credit scoring company that will put Ant's vast data under Chinese control — The fintech giant is in discussions to start a new credit-scoring business with Chinese state-owned enterprises
Tweets: @jingyanghk, @lingling_wei, and @joshchin
| Margherita Beale / Forbes: |
Habi, a Colombia-based residential real estate marketplace with automated pricing tech, raises $100M Series B led by SoftBank Latin America Fund — Habi, a real estate startup digitizing home buying and selling for Colombia's middle class, announced Wednesday that it has raised $100 million …
More:
Business Wire
| 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 …
More:
Wall Street Journal, ZDNet, New York Times, European Commission, Washington Post, Thurrott, The Register, Neowin, MSPoweruser, AdExchanger, fossbytes.com, Axios, CNBC, TechCrunch, CNET, CNN, Engadget, Bloomberg, Candid.Technology, and Politico
| Anna Kramer / Protocol: |
Profile of Twitter's Machine Learning, Ethics, Transparency, and Accountability team, as Responsible ML becomes one of the company's top priorities in 2021 — Twitter's META team is made up of some of tech's most notorious critics, and two more will soon be joining them: Sarah Roberts and Kristian Lum.
Tweets: @williams_jutta, @ruchowdh, @anna_c_kramer, @williams_jutta, @scottnover, @williams_jutta, @ruchowdh, and @lindsmccallum
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