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June 9, 2021, 1:05 PM
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| Associated Press: |
Fastly, which was hit by a major outage on Tuesday, says the problem was caused by a bug that was triggered by a customer configuring their service — LONDON (AP) — Fastly, the company hit by a major outage that caused many of the world's top websites to go offline briefly this week …
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Fastly Blog, The Verge, The Guardian, ZDNet, Forbes, mobilesyrup.com, The Hill, USA Today, The Register, inews.co.uk, BBC, CNN, Neowin, Newser, Financial Times, TechRadar, Silicon Republic, and Axios
Tweets: @tim, @ngleicher, @psawers, @beevek, @cartron, @ron_miller, @lizthegrey, @quinnypig, @pigeonburger, and @miss_jwo
| Makena Kelly / The Verge: |
Biden signs an EO revoking the Trump-era bans on TikTok and WeChat and says his commerce secretary will investigate any risks to national security and privacy — But the apps still aren't out of hot water — President Joe Biden signed an executive order Wednesday revoking the Trump-era bans on TikTok and WeChat.
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The White House, New York Times, Wall Street Journal, BBC, The Hill, 9to5Mac, AppleInsider, Insider, Engadget, Washington Post, Protocol, TechCrunch, Bloomberg, Reuters, Associated Press, The Guardian, Axios, NBC News, MUO, Mashable, Financial Times, CNBC, Deadline, and Phone Scoop
Tweets: @martijnrasser, @karlbode, @bobbychesney, @shiraovide, @thedextriarchy, and @shiraovide
| Christina Wilkie / CNBC: |
Biden admin announces steps to bolster US supply chains, including for chips and rare earth metals, and a “strike force” to combat unfair trade practices — - The Biden administration announces new actions designed to strengthen critical U.S. supply chains.
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The White House. More:
Semiconductor Industry …, Wall Street Journal, The Verge, Android Central, CNN, Reuters, CNBC, Politico, MarketWatch, Axios, Reuters, Insider, Wall Street Journal, Bloomberg, NBC News, NPR, and New York Times
Tweets: @cptwei, @dorismatsui, @briandeesenec, @noahpinion, and @toddntucker
| Arjun Kharpal / CNBC: |
El Salvador becomes the first country to adopt bitcoin as legal tender after lawmakers voted by a “supermajority” in favor of its new Bitcoin Law — - El Salvador's has become the first country to adopt bitcoin as legal tender. — Lawmakers in the South American country's Congress voted …
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Blockworks, CoinDesk, FREOPP.org, Engadget, Ars Technica, PCMag, VICE, Blockcrunch, Reuters, BBC, Input, Forbes, NewsBTC, Bloomberg, Axios, and Fast Company
| Casey Newton / Platformer: |
Ad-supported and subscription-only newsletters both have ways to understand audiences without the tracking pixels blocked by Apple's Mail Privacy Protection — How Mail Protection Privacy will force the email economy to adapt — Today, let's talk about one of Apple's many announcements …
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AppleInsider, 9to5Mac, Medium, world.hey.com, DISPLAYBLOG, and MacStories
Tweets: @benedictevans, @mattietk, @baekdal, @baekdal, @patrickmcgee_, @baekdal, @caseynewton, @mattietk, @mattietk, @mattietk, @baekdal, @benedictevans, @dhh, and @tim_cook
| Joshua Benton / Nieman Lab: |
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9to5Mac, TechRadar, 500ish, Litmus, and Wired
Tweets: @rjonesy, @alexcwilliams, @pushthepush, @niemanlab, @nathanbarry, @ddamned, @risj_oxford, @pressgazette, @liv_mcmahon, @jacksondame, @jbenton, @jbenton, @mattnavarra, and @martinsfp
| Jessica Bursztynsky / CNBC: |
Instagram's Adam Mosseri says Facebook plans to help creators avoid Apple's 30% cut by “facilitating transactions that happen in other places” — - Facebook is setting its sight on the creator economy, hoping to allow millions of people to make a living off its family of apps.
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AppleInsider, iPhone Hacks, iMore, and CNBC
Tweets: @caseynewton, @mgsiegler, @mosseri, and @cnbc
| Karissa Bell / Engadget: |
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Instagram, TechCrunch, Tubefilter, Bloomberg, BuzzFeed News, Gizmodo, PYMNTS.com, Neowin, Social Media Today, and Variety
Tweets: @mosseri, @squawkcnbc, @megancgraham, @mosseri, @chrismessina, @iiiitsandrea, @vishalshahis, and @jackdamn
| Adam Mosseri / Instagram: |
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Android Headlines, Insider, The Verge, phonearena.com, WeRSM, Social Media Today, PetaPixel, and Adweek
Tweets: @cjzero, @spurs_four, @kaludiasays, @snackfight, @nickclegg, @carnage4life, @rmac18, @mikeisaac, @liahaberman, @instagramcomms, @mosseri, @mosseri, @stalman, @themaholupper, and @mosseri
| Tom Simonite / Wired: |
An inside look at how Google's Ethical AI team fell apart following the contentious departure of Timnit Gebru and then Margaret Mitchell — She was a star engineer who warned that messy AI can spread racism. Google brought her in. Then it forced her out. Can Big Tech take criticism from within?| Yogita Khatri / The Block: |
Solana Labs, which wants to develop a blockchain that is faster and cheaper than Ethereum, raises $314.15M in a private token sale led by a16z and Polychain — Quick Take — Solana Labs has raised $314.15 million in a private token sale round. — The round was led by Andreessen Horowitz (a16z) and Polychain Capital.
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Wall Street Journal, Bloomberg, Forbes, BitcoinExchangeGuide, and SiliconANGLE
| Taylor Lorenz / New York Times: |
Many young TikTok stars describe burning out as they struggle with mental health and the algorithm's volatility, years after waves of burnout on other platforms — Many people who have found fame on TikTok are struggling with mental health issues. — Lately, it's been hard for Jack Innanen …
Tweets: @rafat, @hunterwalk, @strngwys, @pkedrosky, @nytimes, @travelinglens, @janelsgm, @jasonfenske13, @taylorlorenz, @rafat, @rafat, and @taylorlorenz
| Natasha Lomas / TechCrunch: |
End-to-end encrypted email service ProtonMail launches a design refresh, offering a clearer look and customizable UI, after passing 50M global users in May — End-to-end encrypted email service ProtonMail has refreshed its design, updating with a cleaner look and a more customizable user interface …
More:
ProtonMail Blog and Gizmodo
| Sarah Perez / TechCrunch: |
Apple Music debuts Spatial Audio and Lossless Audio and adds Spatial Audio playlists, says Spatial Audio support is “coming soon” for Android devices — Last month, Apple announced it would soon add lossless audio streaming and Spatial Audio with support for Dolby Atmos to its Apple Music subscription at no extra charge.
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The Verge, Thurrott, Apple, CNET, CNET, SamMobile, Pocket-lint, iMore, MacRumors, iDownloadBlog.com, 9to5Mac, androidauthority.com, AppleInsider, mobilesyrup.com, Somag News, India Today, The Digital Fix, Republic World, The Apple Post, Dance Music NW, Stuff, What Hi-Fi?, SlashGear, iMore, and Wccftech
Tweets: @samifathi_, @snazzyq, @zollotech, @jsngr, @tldtoday, @snazzyq, @tldtoday, @bzamayo, @maxwinebach, @tldtoday, @snazzyq, and @stroughtonsmith
| Stephen Shankland / CNET: |
Google is building a subsea cable called Firmina, after a Brazilian abolitionist, to handle data surge between US, Brazil, and Argentina, due to launch by 2023 — Google is building a new subsea cable to get your megabits from Boston to Buenos Aires and back.
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TechCrunch, Google Cloud Blog, Engadget, Insider, and VentureBeat
Tweets: @googlecloud, @sundarpichai, and @stshank
| Megan Graham / CNBC: |
Facebook says global ads chief Carolyn Everson is leaving after more than a decade; Everson was a liaison to big marketers during major controversies — - Facebook global ads chief Carolyn Everson is departing the company. — Facebook is an advertising giant that is expected to command nearly …
Facebook: Facebook. Tweets: @alexeheath, @sylviavarnham, @edmundlee, @herrmanndigital, @alexeheath, @mshannahmurphy, and @alexeheath
| Trend Micro: |
How modern ransomware attacks work and a breakdown of their double extortion tactics, using the Nefilim ransomware as a case study — Modern ransomware actors identify and target valuable data, often exfiltrating it from a victim's network organization rather than simply encrypting it.| Katie Roof / Bloomberg: |
Data analytics startup Amplitude raises $150M led by Sequoia Capital at a $4B valuation, up from $1B last year — - Company expects to go public, possibly via direct listing — $150 million in new financing led by Sequoia Capital — Data analytics startup Amplitude reached a valuation of $4 billion in a new funding round.
Tweets: @katie_roof
| Sarah McBride / Bloomberg: |
Sources: Sequoia Capital is considering changing how it distributes investment returns in a bid to avoid tax increases proposed by Biden's administration — Sequoia Capital, one of the most prominent Silicon Valley venture capital firms, is mulling a set of sweeping changes …
Tweets: @bitinn, @thestalwart, and @danprimack
| Ingrid Lunden / TechCrunch: |
Sinch acquires MessageMedia, which provides SMS and other messaging services for businesses, for $1.3B, to compete with Twilio in business SMS services — Sinch — the Swedish company that provides a suite of services for companies to build communications and specifically “customer engagement” …
More:
Tech.eu, GlobeNewswire News Room, Reuters, and CityAM
| Yaacov Benmeleh / Bloomberg: |
Start-Up Nation: Israeli startups have raised $10.5B so far this year, already surpassing 2020's record, with 30 rounds raising $100M+, up from 21 last year — Israeli startups have raised $10.5 billion so far this year, surpassing the record set in 2020, as investors continue to pour cash …
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CTech, Globes Online, PR Newswire, and The Times of Israel
| Frederic Lardinois / TechCrunch: |
Privacy-focused Vivaldi 4.0 browser launches with built-in email and calendar clients, RSS reader, and a translator service hosted on the company's own servers — Vivaldi has always been one of the more interesting of the Chromium-based browsers, in no small part thanks to its emphasis …
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Vivaldi Browser, The Verge, CNET, Forbes, TechSpot, Android Headlines, and TNW
| Isabel Woodford / Sifted: |
Scalable Capital, a Germany-based neo-broker and wealth management service, raises $180M Series E led by Tencent at a $1.4B valuation — The round is led by Tencent, continuing a trend of Chinese funds investing in European fintech. — Scalable Capital fundraise gives Germany its sixth fintech unicorn| Spencer Soper / Bloomberg: |
Research: cost per click for Amazon search ads was $1.16 in May, up from $0.75 YoY; eMarketer says Amazon's ad revenue in the US will cross $20B this year — - Rates in May rose 50% from a year earlier, signaling profits — Merchants look to raise prices to cover cost of visibility
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