Techmeme
June 2, 2021, 5:05 PM

Top News

Ben Dummett / Wall Street Journal:
Stack Overflow, which has 100M+ monthly visitors, says it will be acquired by Prosus, a European tech giant and Tencent's largest shareholder, for $1.8B  —  Deal is Prosus' biggest investment in online learning and comes weeks after it sold a chunk from its massive Tencent holding
Tom Warren / The Verge:
Microsoft will detail its “next generation of Windows” at an event on June 24, with significant changes, including visual enhancements, expected  —  A special Windows event is coming later this month  —  Microsoft is planning to detail its “next generation of Windows” at an event later this month.
Ingrid Lunden / TechCrunch:
Facebook says it will open the Messenger API for Instagram to all businesses, after announcing a closed beta in October 2020  —  F8 Refresh, Facebook's annual developer conference with a new twist — it's more pared down than in years past, and virtual — is going to be kicking off later today …
Elizabeth Paton / New York Times:
Etsy says it is buying the London-based fashion resale app Depop, popular with Gen Z, for $1.6B in an all-cash deal  —  The acquisition is the latest to underscore the skyrocketing popularity of secondhand fashion platforms amid the pandemic.  —  Depop, the fashion resale marketplace beloved …
Kevin Breuninger / CNBC:
A spokesperson for Donald Trump says his blog, used to share statements after he was banned on Facebook and Twitter, has been permanently shut down  —  - Former President Donald Trump's blog has been permanently shut down.  — The page, “From the Desk of Donald J. Trump,” …
Ashley Carman / The Verge:
Spotify announces Only You, which gives users personalized playlists and insights based on habits, and Blend, letting two friends merge tastes in a playlist  —  Spotify loves when people share its annual Wrapped music breakdown on social media, so it's making that more of a year-round treat.
Arjun Kharpal / CNBC:
Huawei details HarmonyOS, designed to run across multiple devices, coming to Mate 40 and foldable Mate X2 smartphones, Watch Series 3, and MatePad Pro tablet  —  - Huawei has launched HarmonyOS on its flagship Mate 40 and foldable Mate X2 smartphones, the Watch Series 3 smartwatch and MatePad Pro tablet.
Mark Gurman / Bloomberg:
Source: Apple has lost at least three top managers of its self-driving car team in recent months  —  - Company sees at least three departures from top of car group  — Apple has begun early work on an autonomous electric vehicle  —  Apple Inc. has lost multiple top managers …
Juli Clover / MacRumors:
An Apple-commissioned study says the App Store ecosystem facilitated ~$643B in billings and sales globally in 2020, up 24% YoY  —  The App Store ecosystem facilitated an estimated $643 billion in billings and sales in 2020, an increase of 24 percent year-over-year, according …
Annie Palmer / CNBC:
Amazon announces this year's Prime Day will take place on June 21 and 22, returning to its typical summertime slot  —  - Amazon's annual Prime Day event will take place June 21 and 22, the company announced Wednesday.  — Prime Day is returning to its normal summertime slot after Amazon postponed …
Wall Street Journal:
Documents: SEC told Tesla last year that Elon Musk twice violated a court-ordered policy requiring his tweets be vetted by lawyers in 2019 and 2020  —  SEC said Musk flouted court-ordered policy in 2019 and 2020, records show  —  WASHINGTON—Securities regulators told Tesla Inc. last year …
Michael Potuck / 9to5Mac:
Apple's system status webpage indicates Apple Card outage has been resolved after roughly six hours of downtime; Apple says the outage impacted all users  —  Apple Card is seeing downtime this morning and Apple says the outage is impacting all users.  —  Update 12:19 pm PT …
Katie Roof / Bloomberg:
Shippo, a shipping software and services startup, raises $50M led by Bessemer at a $1B valuation  —  - Startup roughly doubled valuation from earlier this year  — $50 million comes from existing investors led by Bessemer  —  Shipping startup Shippo is now valued at $1 billion amid a boom in e-commerce.
More: PYMNTS.com
Eduardo Porter / New York Times:
Critics worry Biden's rural-first broadband strategy could leave urban America behind; 13.6M urban households don't have broadband vs. 4.6M rural households  —  Many more people in cities lack broadband access than in rural areas, but lawmakers are primarily focused on extending high-speed access to remote areas.
Stephen Nellis / Reuters:
A CA court dismissed bribery charges against Apple's security chief Thomas Moyer, saying accusation of iPad donations for gun permits was “pure speculation”  —  A court in California on Tuesday dismissed bribery charges against Apple Inc's (AAPL.O) security chief …
Yaron Steinbuch / New York Post:
In an email to Jewish employees, Google diversity strategy lead Kamau Bobb apologizes for a 2007 post in which he said Jews have “insatiable appetite for war”  —  Google's head of diversity strategy is under fire over a 2007 blog post in which he wrote that Jews have …
Danny Crichton / TechCrunch:
Pinwheel, which provides an API to help clients like neobanks connect to payroll systems, raises $20M Series A led by Coatue  —  One of the most strategically important financial relationships for neobanks is becoming the account destination for a user's paycheck.
More: Finextra and FinLedger
Christine Hall / Crunchbase News:
Local food marketplace Shef raises $20M Series A led by a16z, after $8.8M seed in Aug. 2020, amid a push for legislation around home cooking in dozens of states  —  First-generation Americans Alvin Salehi and Joey Grassia tapped into their home-cooked meal backgrounds to create Shef.
More: TechCrunchThanks:@erinmfirst
Charles Duhigg / New Yorker:
A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge  —  Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups.  It may be hype—but hype can be its own economic engine.
Nikhilesh De / CoinDesk:
Coinbase says Coinbase Pro users will be able to trade dogecoin starting Thursday “if liquidity conditions are met”  —  The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS  —  Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered.  In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Fri. 12/20 - Gemini Flash Thinking
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:05 PM ET, June 2, 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

Earlier Picks

Nikkei Asia:
Reuters:
Washington Post: