Techmeme
June 2, 2021, 1:15 PM

Top News

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,” …
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 …
Ben Dummett / Wall Street Journal:
Prosus, a European tech giant and Tencent's largest shareholder, says it struck a $1.8B deal to acquire Stack Overflow, which attracts 100M+ monthly visitors  —  Deal is Prosus' biggest investment in online learning and comes weeks after it sold a chunk from its massive Tencent holding
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.
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 …
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 …
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 …
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.
Reuters:
JBS, the world's top meatpacker, is hit by a ransomware attack, leading it to pause its Australian operations, livestock slaughter in many US states, and more  —  - The attack caused JBS's Australian operations to shut down on Monday.  The company, the world's largest meatpacker, said it was working to resolve the incident.
Nikkei Asia:
Analysis: Apple had more suppliers in China than any other country including Taiwan in 2020; number of Apple suppliers in US also slid despite Trump's trade war  —  Number of US companies in supply chain also slides despite Trump's trade war  —  TAIPEI — China now boasts more Apple suppliers …
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.
Reuters:
TSMC has started construction on its 5nm semiconductor factory in Arizona and says 3nm production in Taiwan is on track to start volume production in H2 2022  —  Construction has started at a site in Arizona where Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) (TSMC) …
Katie Roof / Bloomberg:
Seattle-based Outreach, which offers sales intelligence tools, raises $200M at a $4.2B valuation  —  - Seattle-based business has Adobe, Cisco, DoorDash as customers  — $200 million investment includes Sequoia Capital, Tiger Global  —  Seattle-based Outreach, a startup that specializes …
Tweets: @katie_roof
Thomas Brewster / Forbes:
Researcher finds that Alibaba-owned UC Browser app on iOS and Android sends information on every website a user visits to UCWeb servers, even in incognito mode  —  If you went to download Alibaba-owned app UC Browser this month, whether from Google's Android Play store or Apple's iOS App Store …
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.
Kyle Wiggers / VentureBeat:
SignalWire, which is developing open source enterprise communication tools, raises $30M Series B from Samsung Next and others  —  Elevate your enterprise data technology and strategy at Transform 2021.  —  SignalWire, a software-defined telecom that uses distributed infrastructure that runs in the cloud …
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

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 1:15 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

Rest of World:
Charles Duhigg / New Yorker:
Washington Post: