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August 10, 2021, 10:25 PM
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Top News

Tim Copeland / The Block:
Group behind Poly Network, a cross-chain protocol used for DeFi applications, says a hacker has stolen $611M; one researcher blames the attack on a crypto flaw  —  Quick Take  — Cross-chain protocol Poly Network has been hacked for $611 million.  — The team behind the protocol …
Jon Porter / The Verge:
Google will let under 18s delist photos by request, restrict ad targeting of children based on age, gender, or interests, and more  —  As part of a new series of protections for kids under 18  —  Google will no longer allow ad targeting of children based on their age, gender …
Elizabeth Culliford / Reuters:
Facebook says it has removed a network of accounts from Russia linked to a UK marketing firm that pushed anti-vaccine content using Planet of the Apes memes  —  Facebook (FB.O) said on Tuesday it had removed a network of accounts from Russia that it linked to a marketing firm which aimed …
New York Times:
Inside the rift between the White House and Facebook over vaccine misinformation, as the administration grew frustrated with Facebook's lack of transparency
Mark Gurman / Bloomberg:
Sources: Apple plans a modest iPhone update, with a smaller notch, faster refresh rate, and camera upgrades, including ProRes recording and video Portrait mode  —  - Company plans video Portrait mode and higher-quality recording  — New models to include smaller display cutout and faster chip
MacKenzie Sigalos / CNBC:
Coinbase reports $2.23B in Q2 revenue, vs $1.78B est., and net profit of $1.6B, up nearly 4,900% YoY, following volatile stretch of cryptocurrency trading  —  - In Q2, Coinbase brought in $2.23 billion of revenue vs. $1.78 billion expected by Refinitiv.  — It also reported a profit per share of $6.42.
Kyle Wiggers / VentureBeat:
OpenAI debuts a private beta for Codex, an API for turning natural language into code of one of over a dozen coding languages; Codex powers GitHub's Copilot  —  Watch now.  —  OpenAI today released OpenAI Codex, its AI system that translates natural language into code, through an API in private beta.
Frank Konkel / Nextgov:
Source: the NSA awarded a secret cloud computing contract worth up to $10B to AWS; Microsoft has filed a bid protest with the GAO in response  —  Much of the NSA's most prized intelligence data may be moving to the cloud.  —  The National Security Agency has awarded a secret cloud computing contract worth …
Nikhilesh De / CoinDesk:
Senate sends $1T infrastructure bill to the House after a 69-30 vote; the bill contains a controversial cryptocurrency tax provision critics see as too broad  —  The bill contains a broad definition of “broker” for crypto tax reporting requirements that lawmakers and industry advocates sought to change over the past week.
Nikhilesh De / CoinDesk:
BitMEX announces a $100M settlement with the CFTC and FinCEN over shortcomings in its anti-money laundering and know-your-customer oversight systems  —  Crypto derivatives trading platform BitMEX announced Tuesday it had reached a settlement on civil charges with U.S. authorities.
Catalin Cimpanu / The Record:
Microsoft will now require admin rights before Windows users can access the Point and Print feature, to mitigate a security flaw it has already tried to patch  —  Microsoft has released today a security update that will change the default behavior of the “Point and Print” …
Sam Byford / The Verge:
Xiaomi announces the Mix 4 smartphone with a bezel-less design and an under-display selfie camera, launching in China for ~$770  —  The first new Mi Mix in years  —  Xiaomi has announced the Mix 4, the first phone in the Mi Mix series to be announced in nearly three years.
Tiernan Ray / ZDNet:
NortonLifeLock says that it will merge with Avast in a cash and stock deal worth between $8.1B and $8.6B  —  The two companies said they will create a “new, industry-leading consumer Cyber Safety business.”  —  Antivirus vendor NortonLifeLock this afternoon said it will merge …
Joanna Ossinger / Bloomberg:
Helium, a P2P 5G wireless network startup, raises $111M in an a16z-led token sale, says it has 116K+ wireless hotspots in 11K cities with 500K more back-ordered  —  - Napster's Shawn Fanning co-founded Helium with Amir Haleem  — Ribbit, Alameda, Multicoin among participants in the round
Reed Albergotti / Washington Post:
Court docs: Apple settles its 2019 lawsuit against Corellium over Corellium's “virtualized” iPhone business; Corellium says it still sells virtual iOS devices  —  Apple accused Corellium of violating its copyrights with virtual iPhones used for security research
Tweets: @counternotions
Ben Lovejoy / 9to5Mac:
Apple publishes a CSAM FAQ to address misconceptions and concerns about photo scanning  —  Apple has responded to misconceptions and concerns about its photo scanning announcements by publishing a CSAM FAQ - answering frequently asked questions about the features.
Danielle Kaye / Reuters:
According to an internal Google pay calculator, staff who choose to work from home will likely get a pay cut, especially those who commuted over long distances  —  Google employees based in the same office before the pandemic could see different changes in pay if they switch to working from home permanently …
Dave Lee / Financial Times:
Amazon says it will pay up to $1,000 in damages for dangerous goods sold by third-party merchants starting September 1 in the US  —  More than half of products sold on the platform come from third parties and are not vetted by ecommerce giant  —  Amazon will start directly paying compensation …
TJ Denzer / Shacknews:
Unity reports Q2 revenue of $273.6M, up 48% YoY, and says it will acquire remote desktop and streaming company Parsec for ~$320M  —  Unity boasted a massive increase in revenue year-over-year and has raised its guidance as a result.  —  As fiscal quarters close and companies report earnings results …

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This is a Techmeme archive page. It shows how the site appeared at 10:25 PM ET, August 10, 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.

From Mediagazer

Bill Donahue / Billboard:
Drake launches legal action against UMG and Spotify for allegedly using bots, payola, and more to inflate Kendrick Lamar's Not Like Us, a track attacking Drake

Mark Kleinman / Sky News:
Sources: CVC Capital Partners and a major European broadcaster, thought to be France's Groupe TF1, are among those considering a takeover of the UK's ITV

Joe Flint / Wall Street Journal:
Sources: NBC's new deal with Macy's to keep the Thanksgiving Day Parade on NBC and Peacock has an average annual fee of $60M+, up from ~$20M in the current deal

More News

Davey Alba / New York Times:
Twitter suspends Rep. Marjorie Taylor Greene for seven days over vaccine misinfo, saying it is her fourth strike and another offense could lead to permanent ban
Sara Fischer / Axios:
Salesforce launches Salesforce+, a free streaming service aimed at business professionals, with original programming from Salesforce and eventually its clients

Earlier Picks

Twitter:
Analysis of tweets about Euro 2020, including racist abuse towards England players: 99% of accounts suspended were not anonymous and most abuse came from the UK
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