Techmeme
August 24, 2021, 11:20 PM

Top News

Ryan Browne / CNBC:
Microsoft says that Xbox Cloud Gaming will expand beyond PC and mobile to its Xbox Series X, Xbox Series S, and Xbox One consoles this holiday season  —  - Microsoft said its Xbox Cloud Gaming service will arrive on console this holiday.  — Cloud gaming lets people stream games over the internet rather than install them locally.
Michael Finnegan / Los Angeles Times:
FBI says a man phished thousands of iCloud accounts via an email scam where he impersonated customer support, stealing 620K photos and 9K videos until mid-2018  —  A Los Angeles County man broke into thousands of Apple iCloud accounts and collected more than 620,000 private photos and videos …
Patricia Nilsson / Financial Times:
OnlyFans founder Tim Stokely blames banks, including BNY Mellon, Metro Bank, JPMorgan, for its porn ban, but says Mastercard's rules had no bearing on the ban  —  Tim Stokely says Bank of New York Mellon ‘flagged and rejected’ all interbank wires linked to website
Sascha Segan / PCMag:
Testing of carriers across the US shows T-Mobile with a commanding lead in 5G, winning speed tests in 24 cities and rural regions to AT&T's eight, Verizon's two  —  For our 12th annual test, we drove more than 10,000 miles, speed-testing AT&T, T-Mobile, and Verizon 4G and 5G in cities, towns, and rural regions all over the US.
The Citizen Lab:
Investigation details ForcedEntry, an iMessage “zero-click” attack used by NSO Group that circumvents iOS 14's BlastDoor, likely used by the Bahraini government  —  Summary & Key Findings  — We identified nine Bahraini activists whose iPhones were successfully hacked …
Erin Woo / New York Times:
TikTok partners with Shopify to launch a pilot program letting merchants add a shopping tab to their profiles and link to products in their posts  —  TikTok and Shopify, the e-commerce platform, said on Tuesday that they were working together to add the ability for consumers to shop directly in the TikTok app for the first time.
Will Knight / Wired:
Cerebras Systems claims its hardware can now run a neural network with 120 trillion parameters, targeting a nascent market for massive NLP AI algorithms  —  Cerebras says its technology can run a neural network with 120 trillion connections—a hundred times what's achievable today.
Jessica Guynn / USA Today:
Researchers: Trump tweets with fact-check labels spread further on Twitter than those without; messages blocked by Twitter remained popular on Facebook, Reddit  —  Twitter blocked and labeled some Donald Trump's claims of election fraud in the run-up and aftermath of the 2020 presidential election.
Axios:
California expands lawsuit against Activision Blizzard to include temp workers and says the game maker interfered with investigation by shredding pertinent docs  —  California has expanded its anti-discrimination lawsuit against Activision Blizzard, adding temporary workers to the female full …
Ashley Carman / The Verge:
Spotify says all US-based podcasters using Anchor can sell subscriptions to episodes available on RSS and Spotify, expanding internationally later  —  Plus new price tiers and email addresses  —  Spotify is broadening the number of people who can offer subscription podcasts and have their shows play on its service.
Charles Riley / CNN:
Brian Chesky says Airbnb will provide free housing for 20,000 Afghan refugees without specifying for how long  —  London (CNN Business)Airbnb has pledged to provide free housing for 20,000 Afghan refugees.  —  CEO Brian Chesky said Tuesday that the program would begin immediately, and that Airbnb would pay for the stays.
Natasha Mascarenhas / TechCrunch:
NoRedInk, which aims to improve students' writing through a curriculum that pairs adaptive learning with Mad Libs-style prompts, raises $50M Series B  —  “In order to become a better writer, read your written words out loud.”  —  That's one of the first, and best, writing tips I ever received.
Matt Phillips / New York Times:
Profile of Cathie Wood, the CEO of Ark Invest, which manages $85B, whose aggressive bets on Tesla and others have earned her admiration from Reddit traders  —  Ms. Wood says the Holy Spirit moved her to strike out on her own after an up-and-down career in money management.
Ryan Gallagher / Bloomberg:
Joshua Brustein / Bloomberg:
Shield AI, which develops AI and self-driving tech for military and commercial aircraft, raises $210M as part of its Series D at a valuation of about $1.25B  —  Brandon Tseng, a former Navy SEAL who served in Afghanistan and other overseas deployments, developed the idea for his startup Shield AI …
More: Shield AI
Mary Ann Azevedo / TechCrunch:
Ramp, which provides corporate cards and spend management software, raises $300M Series C at a $3.9B valuation, up from $1.6B after raising $115M in April  —  Less than five months after raising $115 million, spend management startup Ramp announced today it has raised $300 million …
New York Times:
Apple and Google call on the White House to oppose a South Korean bill, set to face a vote this week, that would mandate multiple payment systems for IAPs  —  A proposal in the South Korean legislature is an early test of how forcefully the Biden administration will defend the companies abroad while trying to trim their power at home.

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