Techmeme
July 27, 2021, 11:30 AM

Top News

Olivia Solon / NBC News:
Instagram announces changes for teen accounts, including making them private by default, restricting messages from “suspicious” adults, and limiting ads  —  Instagram has introduced protections for its teenage users to default young people into private accounts and make it harder for …
Jon Porter / The Verge:
Nothing, launched by OnePlus co-founder Carl Pei, announces $99 Ear (1) wireless earbuds, available August 17 with gesture controls, ANC, and more  —  Nothing, the consumer tech startup led by OnePlus co-founder Carl Pei, has officially announced its Ear (1) true wireless earbuds.
Paul Sawers / VentureBeat:
1Password raises $100M led by Accel at a $2B valuation, after raising $200M in 2019, and says it now has 90,000 business customers  —  All the sessions from Transform 2021 are available on-demand now.  Watch now.  —  Password management platform 1Password has raised $100 million …
Todd Shields / Bloomberg:
FCC challenges a bid won by SpaceX for $886M in rural broadband subsidies, concerned some of the spending may be wasteful, duplicative, or headed for other uses  —  - Company is among 197 winning bidders to get letters from FCC  — Agency says it's cleaning up results from auction last year
More: The Verge
Janko Roettgers / Protocol:
Facebook announces a new Metaverse product group, with plans to hire hundreds of staff, led by Instagram VP Vishal Shah, reporting to VR/AR VP Andrew Bosworth  —  The company plans to hire hundreds of new staffers for the group.  —  Facebook is all in on the Metaverse …
Catalin Cimpanu / The Record:
Apple updates iOS, iPadOS, and macOS to address a zero-day flaw that was reportedly actively exploited, making it the 13th zero-day Apple has patched this year  —  Apple has released patches today for iOS, iPadOS, and macOS to address a zero-day vulnerability that the company says has been exploited in the wild.
Stephen Nellis / Reuters:
Intel says its Foundry Services will build chips for Qualcomm and AWS and lays out a roadmap to catch up with TSMC and Samsung by 2025  —  Intel Corp (INTC.O) said on Monday its factories will start building Qualcomm Inc (QCOM.O) chips and laid out a roadmap to expand its new foundry business …
Tom Krazit / Protocol:
Google issues a new Enterprise APIs policy, promising that APIs will remain available far into the future, aiming to move past a reputation for killing services  —  Google Cloud issued a promise Monday to current and potential customers that it's safe to build a business around its core technologies …
Coco Feng / South China Morning Post:
Cryptocurrency exchanges Huobi and OKCoin are closing their subsidiaries in Beijing, as China expands its crack down; shares of Huobi's parent drop ~22%  —  The latest moves by Huobi and OKCoin follow the central government's actions against businesses related to bitcoin and other cryptocurrencies BTCChina …
Arielle Pardes / Wired:
SensorTower: Clubhouse had 484K global installs from July 21 to 25, up 17% from the previous five days, after moving from invite-only to general availability  —  Just a few days after ditching its invite-only status, the audio chat app had fewer than 500,000 new downloads.
Dawn Lim / Wall Street Journal:
iCapital Network, which makes tools to help financial advisers invest client money in PE, raises $400M at a ~$4B valuation  —  Firm helps channel investor funds into private-equity investments  —  iCapital Network Inc. raised $440 million in a funding round that values the upstart investing platform at around $4 billion.
More: Finextra
MacKenzie Sigalos / CNBC:
In its Q2 earnings report, Tesla says it suffered $23M in bitcoin-related impairments, after bitcoin dropped from $63K in April to under $40K now  —  - Tesla reported bitcoin-related impairments of $23 million in the second quarter as crypto prices plunged.
Jason Schreier / Bloomberg:
About 1,000 current and former Activision Blizzard employees say the company's response to its recent lawsuit is “insulting”, in a letter to leadership  —  Nearly 1,000 current and former Activision Blizzard Inc. employees have signed a letter calling the company's responses …
Kyle Wiggers / VentureBeat:
Blaize, which custom-designs AI edge chips with a new graph streaming architecture, raises $71M Series D, bringing its total raised to $155M  —  All the sessions from Transform 2021 are available on-demand now.  Watch now.  —  Blaize, a company developing AI edge computing platforms for automotive …
Dieter Bohn / The Verge:
Samsung confirms it won't launch a new Galaxy Note at its Unpacked event on Aug. 11, instead focusing on new Galaxy Z phones and an S Pen designed for foldables  —  The company also promises ‘enhanced durability’  —  Samsung isn't looking to have many surprises at its August 11th Unpacked event.
Catherine Shu / TechCrunch:
Indonesia-based grocery delivery app HappyFresh raises $65M Series D led by Naver Financial Corporation and Gafina B.V.  —  HappyFresh, the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. The round was led by Naver Financial Corporation and Gafina B.V. …

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Zoho:
Top live chat software in 2025  —  When it comes to customer communication, every second counts for businesses because it leads to either a treasure trove or an empty cave.  To help with this …
SBS Comms:
Expect Better: SBS Comms  —  The media landscape is changing fast, so don't be slow — out with the old, in with the new.  SBS helps tech companies like GitHub, Cloudflare, Flexport, Ramp and more modernize comms and secure impactful results.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Arm Upends The Entire Semiconductor Industry
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Logan Bartlett Show:
Andy Price (Artisanal): Executive Hiring Advice from the Founder of Tech's Top Recruiting Firm
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Decoder with Nilay Patel:
The FCC is a weapon in Trump's war on free speech
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Generative Now:
Mike Krieger: Product Building Lessons from Co-Founding Instagram to Leading Product at Anthropic
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
Channels with Peter Kafka:
BuzzFeed wants to build a... social network?
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Marc Andreessen - The Battle For Tech Supremacy
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:30 AM ET, July 27, 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

Mark Gurman / Bloomberg:

Earlier Picks

Todd Feathers / VICE:
New York Times:
Elizabeth Dias / New York Times:
Bloomberg:
Abner Li / 9to5Google: