Techmeme
July 2, 2021, 1:00 PM

Top News

Nikkei Asia:
Sources: Apple and Intel will be the first to adopt TSMC's 3nm tech, with new Intel and iPad CPUs based on the new manufacturing process scheduled for late 2022  —  Taiwanese company remains vital partner for American tech giants  —  TAIPEI — Apple and Intel have emerged as the first adopters …
Wall Street Journal:
As Andy Jassy becomes Amazon CEO on Monday, a look at his management style, relationship with Jeff Bezos, regulatory challenges ahead, and more  —  Andy Jassy is about to take over an e-commerce colossus that employs 1.3 million people.  His first challenge is an antitrust campaign that threatens the empire he will oversee.
Matt Day / Bloomberg:
Tom Krazit / Protocol:
IBM President Jim Whitehurst to step down less than two years after being elevated to the position and three years after IBM acquired his company Red Hat  —  IBM President Jim Whitehurst is stepping down from the No. 2 leadership position at the company less than three years after IBM acquired …
Nico Grant / Bloomberg:
In its diversity report, Google says it is hiring more Black people but rates of attrition are rising, especially among Black women  —  Google reported its best year yet for hiring Black employees, but rising departures of the same group highlights a risk to the company's plan to double its Black workforce.
Sarah Perez / TechCrunch:
Twitter shows off features it is testing, including a way to tweet only to a group of trusted friends, ability to tweet under different “personas”, and more  —  Twitter has a history of sharing feature and design ideas it's considering at very early stages of development.
Ben Schoon / 9to5Google:
OnePlus says it is merging codebases of OxygenOS and Oppo's ColorOS, and commits to 3 years of Android updates; OxygenOS will remain the “global” OS for OnePlus  —  After announcing that OnePlus and Oppo would be merging more teams behind the scenes, the inevitable has happened.
Yogita Khatri / The Block:
Thailand SEC files criminal complaint against Binance alleging it has operated a cryptocurrency exchange business via its website without a license  —  ANTHONY KWAN/BLOOMBERG VIA GETTY IMAGES  —  Quick Take  — Thailand's financial regulator has filed a criminal complaint against Binance over unregistered operations.
Damien Wilde / 9to5Google:
Opera becomes first third-party browser fully optimized for Chromebooks, with built-in access to messaging apps, free built-in VPN, a crypto wallet, and more  —  As far as third-party browsers go, there are none that are fully optimized for Chromebooks and Chrome OS, that is until now with the popular Opera Browser.
Hagar Ravet / CTech:
Multinarity, which says it is developing a mixed reality product for daily use without providing many details, comes out of stealth with $28M in seed funding  —  After raising the biggest-ever Seed round for an Israeli startup, the founders of Multinarity believe they can revolutionize …
More: Road to VR
Lauren Feiner / CNBC:
FTC charges Broadcom with illegal monopolization of chips used in set top boxes and broadband devices  —  The Federal Trade Commission accused computer chip supplier Broadcom of illegally monopolizing the market for semiconductor components, the agency announced Friday.  —  Broadcom shares were down about 2% on the news.
Oliver Darcy / CNN:
New Facebook test prompt asks users if someone they know might be “becoming an extremist”; another notifies users who may have been exposed to extremist content  —  New York (CNN Business)Some Facebook (FB) users in the United States are being served a prompt that asks …
Manish Singh / TechCrunch:
Swedish gaming giant Modern Times Group says it has acquired Indian startup PlaySimple for at least $360M, with 77% in cash and the rest in company shares  —  Swedish gaming giant Modern Times Group (MTG) has acquired Indian startup PlaySimple for at least $360 million, the two firms said Friday.
Dan Primack / Axios:
Robinhood files for long-awaited IPO, says it will set aside up to 35% of shares for retail investors  —  Popular trading app Robinhood on Thursday filed for its initial public offering, and disclosed that it will set aside up to 35% of shares for retail investors who rarely get to buy at a company's IPO price.

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