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April 6, 2021, 5:55 PM
Mediagazer memeorandum WeSmirch
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Top News

Andy Greenberg / Wired:
Signal says it has added support for privacy-focused cryptocurrency MobileCoin to let users send and receive money, starting in the UK on iOS and Android  —  The encrypted messaging app is integrating support for MobileCoin in a bid to keep up with the features offered by its more mainstream rivals.
Katie Roof / Bloomberg:
Sources: Clubhouse is in talks to raise funding from investors in a round valuing the business at about $4B, following its reported valuation of ~$1B in January  —  Clubhouse, the buzzy audio-based social network, is in talks to raise funding from investors in a round valuing the business …
James T. Areddy / Wall Street Journal:
China is pitching the digital yuan as a way to soften the power of US sanctions, which are increasingly being used against Chinese companies and individuals  —  A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn't linked to the dollar-dominated global financial system
Jeff John Roberts / Decrypt:
Ahead of its April 14 direct listing, Coinbase reports a record quarter, with estimated profits of $730M-$800M in Q1 on revenue of ~$1.8B and 56M verified users  —  Coinbase announced its 2021 first quarter earnings on Tuesday, revealing that the crypto giant made a profit of between $730 million …
BuzzFeed News:
Source shares data on 1,803 US taxpayer-funded orgs using Clearview AI; many cops used its facial recognition without higher-ups knowing or after a local ban  —  A controversial facial recognition tool designed for policing has been quietly deployed across the country with little to no public oversight.
Pranob Mehrotra / XDA Developers:
New software update for the Google Pixel lineup reportedly dramatically boosts Pixel 5's GPU performance, which had been poor for a Snapdragon 765G-based phone  —  The latest software update for the Google Pixel lineup recently started rolling out to users.
Bloomberg:
Companies that make $1 display driver chips can't keep up with surging demand, causing serious production problems for products with LCD displays like laptops  —  - Without a display driver chip, you can't build your product  — CEO says he can't “see the light at the end of tunnel yet.”
Jon Porter / The Verge:
TikTok says creators will soon be able to add automatic captions to videos in US English and Japanese with support for other languages “in the coming months”  —  Launching in American English and Japanese first  —  TikTok creators will soon be able to add automatically-generated captions …
Jacob Kastrenakes / The Verge:
YouTube says that 18 out of every 10K views in Q4 2020 were of videos that violate its policies, down from 72 out of every 10K views in Q4 2017  —  ‘Violative View Rate’ fell steeply after 2017  —  YouTube wants the world to know that it's doing a better job than ever of enforcing its own moderation rules.
Atul Bhattarai / Rest of World:
A look at the rise and fall of India's missed call industry, which was transformed by Twitter-owned ZipDial that serviced 5M missed calls a day at its peak  —  In the age of expensive data, missed calls became more than just a cheap way to communicate.  But in India, technology moves faster than you'd think.
Washington Post:
A Facebook recruiter, Rhett Lindsey, who left after 11 months, and others say Facebook's hiring processes are problematic and will hinder diversity goals  —  The recruiter quit after 11 months, adding fuel to claims that it discriminates against Black applicants
Andrei Frumusanu / AnandTech:
Review of Intel's Ice Lake Xeon Scalable CPUs, its first server chip design using a 10nm process, which sees large increases in performance for many workloads  —  The launch of Intel's Ice Lake Xeon Scalable processors has been in the wings for a number of years.
Sarah Perez / TechCrunch:
Apple launches an app for enterprises to test devices that work with Apple's Find My network, ahead of its expected launch of its own new AirTags accessory  —  Apple has launched a new app, Find My Certification Asst., designed for use by MFi (Made for iPhone) Licensees …
Todd Spangler / Variety:
E3 will take place as a free virtual conference on June 12-15 and organizers say an in-person event will happen in LA in 2022  —  The Entertainment Software Association (ESA) announced plans for a “reimagined” all-virtual E3 2021, set to take place June 12-15, 2021, featuring news and game reveals.
Debby Wu / Bloomberg:
Foxconn Q1 revenue jumps 44% YoY to $47B based on robust demand for Apple's new 5G devices and other gadgets  —  - Consumers continue to buy devices to stay connected at home  — Company warns component shortage will affect 10% of shipments  —  IPhone assembler Hon Hai Precision Industry Co.'s …
Paul R. La Monica / CNN:
NonFungible.com data shows the average price of an NFT has dropped from over $4,000 in late February to ~$1,256 on April 5  —  New York (CNN Business)Non-fungible tokens, or NFTs, are all the rage.  But their popularity may have already peaked.  Prices of NFTs, the digital certificates …
Robert Hackett / Fortune:
Australian online design service Canva has raised $71M, valuing the company at $15B, up from its $6B valuation last June  —  Subscribe to Term Sheet, a daily brief on the biggest deals and dealmakers, delivered free to your inbox.  —  Melanie Perkins has come a long way since founding a high school yearbook business in 2006.
More: Reuters.  Thanks:@pizzatime

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This is a Techmeme archive page. It shows how the site appeared at 5:55 PM ET, April 6, 2021.

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From Mediagazer

Nectar Gan / CNN:
Chinese nationalists and state media praise Trump's decision to dismantle VOA, RFA, and other US-funded media outlets that broadcast to authoritarian regimes

Reuters:
Tencent Music reports Q4 revenue up 8.2% YoY to ~$1.03B, above ~$1.01B est., social entertainment services revenue down 13% to ~$225M, and net profit up 47.3%

New York Times:
Sources: The New Yorker has cut ties with its art critic, Jackson Arn, who joined in 2023, after complaints about his behavior at its centennial celebration

More News

WABetaInfo:
WhatsApp is testing the ability to easily migrate chat history between iOS and Android devices

Earlier Picks

Filipe Espósito / 9to5Mac:
tvOS 14.5 beta code suggests 120Hz refresh rate support could be available on the next gen Apple TV, rumored to have an HDMI 2.1 port for 4K 120Hz streaming
Carolyn Said / San Francisco Chronicle:
Uber says driver price-naming and destination previewing policies it introduced last year in California have hurt its business, and is considering ending both
Clubhouse:
Clubhouse partners with Stripe to let its users send payments to other users without taking a cut; only selected users will be able to receive payments for now
Tucker Higgins / CNBC:
Supreme Court rules 6-2 in Google's favor in copyright dispute with Oracle over Java APIs, overturning Oracle's win
Sami Fathi / MacRumors:
On a podcast, Tim Cook says he's “not focused on Facebook”, Apple is confident in its case against Epic Games, AR is critically important for Apple, and more
Aaron Holmes / Insider:
Personally identifiable data of 533M Facebook users has been posted online; Facebook says the data comes from a leak that was reported on and fixed in 2019
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