Techmeme
July 1, 2021, 8:50 AM

Top News

Salvador Rodriguez / CNBC:
Adam Mosseri says Instagram plans to test video more broadly, calls TikTok and YouTube competitors, and says Instagram is “no longer a photo-sharing app”  —  - Facebook's head of Instagram said the service plans to start showing users full-screen, recommended videos in their feeds.
Sarah Perez / TechCrunch:
David Ingram / NBC News:
A federal judge has issued a preliminary injunction blocking Florida's Stop Social Media Censorship Act from going into effect, which was scheduled for Thursday  —  A federal judge Wednesday put on hold a first-of-its-kind law in Florida that authorized the state to penalize social media companies …
Kyle Bradshaw / 9to5Google:
Google updates its Passes API to let users store COVID vaccine cards on Android devices, starting in the US; Google will not keep a copy of the user's info  —  Google has announced today that Google Pay is now capable of saving and displaying COVID-19 vaccination cards on Android, starting with select providers in the United States.
Jonathan Zittrain / The Atlantic:
A look at link rot, and projects like Perma, which are trying to give authors of enduring documents like scholarly papers a way to preserve links permanently  —  Sixty years ago the futurist Arthur C. Clarke observed that any sufficiently advanced technology is indistinguishable from magic.
David McLaughlin / Bloomberg:
Amazon says it is seeking the recusal of FTC chair Lina Khan from matters related to the company, citing her history of criticism and antitrust arguments  —  - Online retail giant files petition saying Khan shows bias  — FTC is reviewing Amazon's purchase of MGM movie studio
Dieter Bohn / The Verge:
AT&T joins T-Mobile in making Google's Android Messages the default app for SMS and RCS services on Android phones; Verizon so far has not made the switch  —  Verizon is the last big carrier not to switch  —  AT&T and Google have announced that all Android phones on the network …
BBC:
Tim Berners-Lee sells an NFT for $5.4M that represents time-stamped files of the source code for the world wide web and other items, via a Sotheby's auction  —  The original source code for the world wide web has been sold as a non-fungible token, making $5.4m (£3.9m).
Federico Viticci / MacStories:
As iOS 15 and iPadOS 15 public betas arrive, an in-depth look at Focus, Safari's revamped UI, iPad multitasking, SharePlay, and other new features  —  For the past three weeks, I've been running the developer beta of iOS and iPadOS 15 on my iPhone 12 Pro Max and M1 iPad Pro, respectively.
Dave Michaels / Wall Street Journal:
Financial Industry Regulatory Authority fines Robinhood $70M for misleading customers and system outages, the biggest fine it has ever imposed  —  Online brokerage faulted for missteps related to options trading and technology outages; company neither admits nor denies allegations
Riley de León / CNBC:
SentinelOne closed up 21% at $42.50 per share in its debut, valuing the company at $10B+; SentinelOne had the highest valued cybersecurity IPO in history  —  - Cybersecurity company SentinelOne made its market debut Wednesday on the New York Stock Exchange and is now trading under the ticker symbol “S.”
Paul Alcorn / Tom's Hardware:
Micron announces that it has agreed to sell its 3D XPoint fab in Utah to Texas Instruments for $900M in cash  —  Micron announced today that it has entered into a definitive agreement to sell its Lehi, Utah fab to Texas Instruments for $900 million in cash.
Ercan Ersoy / Bloomberg:
Hepsiburada.com, one of Turkey's largest online shopping services, raises $470M in its Nasdaq IPO at a $3.9B valuation  —  Hepsiburada.com, one of Turkey's largest online shopping platforms, was valued at $3.9 billion in its initial public offering on Nasdaq, its chairwoman said on Thursday.
More: PR Newswire and Reuters
Alex Wilhelm / TechCrunch:
Codat, which provides APIs to link financial software used by SMBs to external services, raises $40M round led by Tiger Global  —  This morning Codat, a startup that provides APIs to link small-business fintech data to external services, announced that it has closed a $40 million round led by Tiger Global.
Jessica Bursztynsky / CNBC:
Shares of Didi Chuxing closed up 1% in its trading debut, giving it a market cap of $67.8B; stock spiked as much as 28.6% intraday  —  - Shares of Didi Chuxing, the Chinese ride-hailing giant, began trading Wednesday in its initial public offering.  — Didi was most recently valued …
Ingrid Lunden / TechCrunch:
Czech on-demand grocery delivery service Rohlik raises €100M Series C led by Index Ventures at a €1B valuation  —  “Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from …
Alex Hern / The Guardian:
Facebook, Google, Twitter, and TikTok sign up to pledge led by WWWF, to overhaul their moderation systems to tackle the abuse of women on their platforms  —  Facebook, Google, Twitter and TikTok commit to overhaul their platform's moderation systems  —  Four of the world's largest social networks …
Megan Graham / CNBC:
Content recommendation company Taboola closed down 2% in its first day of trading after going public via merger with a SPAC  —  - Digital ad company Taboola began trading on the Nasdaq Wednesday following its merger with ION Acquisition Corp. 1, a special acquisition corporation.

Sponsor Posts

Microsoft:
6 AI Trends to Watch in 2025  —  Explore insight from Microsoft on key AI advancements that will shape our work and daily lives in the coming year.
Genesys:
The Levels of Experience Orchestration  —  What's your vision for the future of customer experience?  See how AI can transform your business - and take you to the next level.
Zoho:
How listening to employees builds better workplaces  —  A workplace where employees feel heard is a workplace that thrives.  Employee listening goes beyond collecting feedback; it's about understanding, valuing …
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
Thu. 01/09 - The Wildfire App Everyone In LA Has Been Using
The day's tech news, every day. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:50 AM ET, July 1, 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

Bloomberg:
BuzzFeed News:
Sheera Frenkel / New York Times:

Earlier Picks

Stephen Nellis / Reuters:
Zack Whittaker / TechCrunch:
The Block:
Ron Miller / TechCrunch: