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July 8, 2021, 8:30 PM
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memeorandum
WeSmirchTop News
| CNBC: |
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2 — - Simo will succeed Instacart founder Apoorva Mehta on Aug. 2, and Mehta will transition to executive chairman of the board.
More:
Instacart Corporate, Instacart Corporate, Wall Street Journal, The Information, TechCrunch, Silicon Valley Business …, PYMNTS.com, The Verge, New York Times, Quartz, Bloomberg, CNN, Fortune, Financial Times, and Protocol
Tweets: @dee_bosa, @theorgcom, @kurtwagner8, @mikeisaac, @om, @teddypowday, @mattrosoff, @dee_bosa, @joulee, @mikeisaac, @pucknorris, @joannastern, @max, @joshconstine, @pkafka, @turnernovak, @eladgil, @robleathern, @sriramk, @sarahfrier, @initialized, @ellenhuet, @caseynewton, @alexisohanian, @jess, @alexeheath, @instacart, @saranormous, @coryweinberg, @producthunt, @apoorva_mehta, @jess, @richlightshed, @garrytan, @modestproposal1, @stevekovach, @zerobeta, @kurtwagner8, @levynews, @dee_bosa, @danidudeck, @bradstone, @sarafischer, @nmasc_, @sarthakgh, @mitchgarber, @rachaelrad, and @fidjissimo. Thanks:@mattrosoff
| New York Times: |
Book excerpt shows how Zuckerberg and Sandberg's partnership deteriorated during the Trump era, as Zuckerberg increasingly made the biggest policy decisions — The company they built is wildly successful. But her Washington wisdom didn't hold up, and neither did their close working relationship.
More:
The Information, CNET, Insider, and Daily Mail
Tweets: @rmac18, @edludlow, @ceciliakang, @profcarroll, @jason_kint, @dmccabe, @tsgiles, @juliamacfarlane, @paulbradleycarr, @juliacarriew, @hkreid, @kellymakena, @brandyzadrozny, @christineemba, @christineemba, @clarajeffery, @karaswisher, @john_matze, @runaislam, @karaswisher, @runaislam, @grifftheimpaler, @seyitaylor, @sheeraf, @karaswisher, @heathbrown, @jason_kint, @klonick, @stevekovach, @drewharwell, @karaswisher, @jason_kint, @ceciliakang, @davepell, @sheeraf, @coreyciorciari, @ron_fournier, @jason_kint, @ceciliakang, @satariano, @shiraovide, @rmac18, @seamushughes, @ehananoki, @ceciliakang, @evelyndouek, @jason_kint, @ceciliakang, @justinhendrix, @bostonjoan, @peterbakernyt, @venkatananth, @ron_fournier, @scottbix, @mjzalewski, @karaswisher, @yaeleisenstat, @williamturton, @nytimes, @alibreland, @sarahfrier, @pkafka, and @sahilkapur
| Wilson White / The Keyword: |
Google says antitrust suit by 37 AGs is meritless as it ignores competition from Apple's App Store, Android's openness for competing app stores, app sideloading — We built Android to create more choices in mobile technology. Today, anyone, including our competitors …
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Bloomberg, Bloomberg, The Verge, Utah Attorney General, Ars Technica, 9to5Google, BBC, Insider, Reclaim The Net, Techdirt, mobilesyrup.com, Gamasutra, Thurrott, Droid Life, PCMag, MSPoweruser, TechSpot, Fortune, Android Police, iPhone in Canada Blog, KnowTechie, iThinkDifferent, and ZDNet
Tweets: @dw16297, @lockheimer, @slightlylate, @keleftheriou, @thelinuxexp, @ihnatko, and @dnaltews
| Jon Porter / The Verge: |
AG suit alleges Google tried to “preemptively quash” Samsung's Galaxy app store by offering to pay Samsung, stopping OEMs from offering other stores, and more — ‘Competition in app distribution is a virus to be eliminated’ — Google used anticompetitive practices in an attempt to …
More:
Android Authority and Wccftech
Tweets: @backlon, @backlon, @mhbergen, @charlesarthur, and @oneangryitguy
| Leah Nylen / Politico: |
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TechCrunch, New York Times, Input, and Philip Elmer‑DeWitt
| Zack Seward / CoinDesk: |
Crypto financial services company Circle says it is going public via a SPAC merger at a $4.5B valuation — The deal values Circle at $4.5 billion. — Circle is going public in a deal that values the crypto financial services firm at $4.5 billion, the firm said Thursday.| Richard Nieva / CNET: |
Anger grows among some Google staff about “hypocritical” remote work decisions and transfers as senior exec Urs Hölzle announces plans to work from New Zealand — As Google employees around the world make plans for post-pandemic work at the tech giant, Laura de Vesine won't be among them.
More:
Insider. Tweets: @juanandres_gs, @iwasleeg, @ow, @trickholland, @willrocklin, @alphabetworkers, @mattrosoff, @quinnypig, @shawnlayden, and @richardjnieva. Thanks:@rogerwcheng
| Tom Warren / The Verge: |
Internal memo shows Microsoft is giving a $1,500 pandemic bonus to all eligible employees in the US and internationally — Most non-executive employees are eligible — Microsoft is gifting its employees a $1,500 pandemic bonus. In an internal memo seen by The Verge … | Gerry Smith / Bloomberg: |
A look at Peacock as it enters its second year, considers expansion abroad, and tries to grow paid subscriptions; sources: 20% of Peacock's 14M MAUs pay for it — Inside 30 Rockefeller Plaza in New York last month, NBC executives revealed their long-awaited plan to use the Olympics to supercharge their streaming service, Peacock.
More:
AppleInsider and The Streamable
Tweets: @loudmouthjulia, @emmagf, @gerryfsmith, @wickdchiq, @joshsternberg, @business, @felixsalmon, @lucas_shaw, and @royprice
| Sascha Segan / PCMag: |
Qualcomm and Asus partner to launch the “Smartphone for Snapdragon Insiders”, a $1,499 handset with Snapdragon 888, a glowing Snapdragon logo, and more — The Asus-made phone will showcase features that Qualcomm has been promoting but hasn't added to other prominent devices in the US.
More:
Qualcomm, Engadget, The Verge, HotHardware.com News, Android Police, Liliputing, Android Central, Android Headlines, iPhone in Canada Blog, AnandTech, TechRadar, 9to5Google, TalkAndroid.com, Android Authority, Gizmodo, TechPP, Android Central, Phandroid, Digital Trends, XDA Developers, mobilesyrup.com, Pocket-lint, Thurrott, Neowin, Forbes, and BGR India
Tweets: @ronamadeo, @tnkgrl, @maxwinebach, @markhachman, @saschasegan, and @gartenberg
| Patrick Howell O'Neill / MIT Technology Review: |
How a years-long cybercrime investigation by FBI, Russia, and Ukraine was undone by corruption, rivalry, and stonewalling, resulting in the hackers going free — Russia and Ukraine promised to cooperate and help catch the world's most successful hackers. But things didn't quite go to plan.
Tweets: @howelloneill, @gregotto, @timstarks, @howelloneill, @howelloneill, @techreview, @selenalarson, @k8em0, and @howelloneill
| Katie Wickens / PC Gamer: |
Amid a global chip shortage, Hong Kong customs says it stopped multiple attempts of CPU smuggling over the past few weeks — The smaller the chips become, the more cavities they'll fit into. — In a recent trend, border smugglers have turned from their usual tricks of smuggling mobile phones, and trained their eyes on PC parts.| Ray A. Smith / Wall Street Journal: |
How dating apps are increasingly used to start platonic friendships, with average time spent on Bumble's BFF growing 83% for men and 44% for women in Q1 2021 — Millennials and members of Generation Z increased their use of dating apps to make platonic friends during the pandemic; ‘now we all have these big life moments together’
More:
GeekWire. Tweets: @velvetrevulva88, @chickenparmpapi, @beingbla, @sebaldus_, @zandywithaz, @bad_takes, @slhzdh, @saraheneedleman, @taralach, and @ericjackson
| Adi Robertson / The Verge: |
Oversight Board reverses a decision banning an Instagram post that criticized solitary confinement, after finding Facebook “lost” a policy exception for 3 years — An exception to the ban on supporting ‘dangerous entities’ — Instagram accidentally banned …
More:
Oversight Board. Tweets: @oversightboard, @faizapatelbcj, @iainlevine, @evelyndouek, @evelyndouek, @evelyndouek, @evelyndouek, @evelyndouek, @evelyndouek, @evelyndouek, and @evelyndouek
| Hanna Hoikkala / Bloomberg: |
A look at Sweden-based Embracer Group, which oversees 69 game development studios and has become Europe's most valuable game developer following an M&A spree — - Embracer's stock jumped more than 30-fold since 2016 debut — Analyst asks where growth will come from when M&A runs dry
Tweets: @embracerinvest, @theedgemalaysia, and @stephans_aktien
| FinSMEs: |
Instawork, a marketplace that connects hourly workers with employers, raises $60M Series C led by Craft Ventures, bringing its total raised to $100M — Instawork, a San Francisco, CA-based digital marketplace connecting local businesses with qualified professionals across the U.S., raised $60m in Series C financing.
More:
PR Newswire, Fortune, and The Spoon
Tweets: @sumirmeghani, @_ram_, @jefffluhr, @kappp5, @davidsacks, @tilmanjfertitta, @sujayjaswa, @bgurley, @lainypainter, and @jess
| Financial Times: |
Sens. Bill Hagerty and Chris Van Hollen have called on the SEC to investigate whether Didi Chuxing misled American investors ahead of its IPO last week — Two members of powerful banking committee say SEC must examine whether company misled investors — Two senior members of Congress …
Tweets: @mrbcyber
| Nikkei Asia: |
Sources: Google is acquiring Japanese cashless payment company pring for between $180M-$270M, with plans to offer fintech services in the country next year — US tech major's acquisition of cashless payment startup heralds more competition — TOKYO — Google is making a foray … | Liz Alderman / New York Times: |
How Ireland, the European base of many tech giants due to its 12.5% corporate tax rate, is fighting the new 15% global minimum tax rate agreed by 130 countries — For decades, multinationals moved to Ireland for its low taxes. A new global tax plan has put Dublin on the defensive.
Tweets: @donalruane, @fergalreid, @florianorama, and @lizaldermannyt
| CNBC: |
Donald Trump sues Facebook, Twitter, and YouTube, as well as Zuckerberg, Dorsey, and Pichai, claiming the companies have violated his First Amendment rights — - Former President Donald Trump announced he is suing Facebook, Twitter and Google, as well as their respective CEOs Mark Zuckerberg, Jack Dorsey and Sundar Pichai.
More:
Wall Street Journal, Washington Post, and Forbes
Tweets: @nytnickc, @jannwolfe, @bradheath, @persistresist73, @aricohn, @adamsteinbaugh, @samstein, @devlinbarrett, @jyarow, @craigkellymp, @kurtschlichter, @mattnavarra, @wsjpolitics, @nandu79, @willoremus, @billkristol, @jolly_jack, @pbump, @frankluntz, @pathedger18, @isabellaredjai, and @bradheath
| Bonnie Kristian / The Week: |
More:
The Guardian, Reason, and Mediaite
Tweets: @judiciarygop, @willoremus, @msnbcdaily, @kylegriffin1, @classiclib3ral, and @ericgarland
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SiliconANGLE and Coda
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The Economic Times. Tweets: @priyankasahay, @digbijaymishra1, @entrackr, @nishantstv, @aditis90, @menakadoshi, @bloombergquint, @aditya_kondawar, @finvestfox, and @beingpractical
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Tweets: @chrislbecker, @producthunt, @rosshill, @terryangelos, @visanews, @sbf_alameda, and @ldrogen
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Tweets: @cecilebussy, @sarahkocianski, and @djarisarah