Techmeme
July 14, 2021, 10:20 AM

Top News

Brent Kendall / Wall Street Journal:
Facebook says it is seeking the recusal of FTC chair Lina Khan in the agency's deliberations over a new antitrust case, following a similar move by Amazon  —  Social-media giant follows Amazon in citing Lina Khan's tech criticisms, congressional work to question her impartiality
Bloomberg:
Sources: Apple has asked suppliers to build up to 90M next-generation iPhones this year, up 20% YoY; this year's update will be more incremental than iPhone 12  —  - Company targets 90 million shipments of this year's new models  — Iterative iPhone upgrade to boost chips, cameras and displays
Kevin Roose / New York Times:
Facebook employees detail a clash over CrowdTangle, a tool that showed high engagement with right-wing media, which was moved under the Integrity team in April  —  Executives at the social network have clashed over CrowdTangle, a Facebook-owned data tool that revealed users' high engagement levels with right-wing media sources.
Bloomberg:
Sources: Apple and Goldman Sachs are working on a “buy now, pay later” service to let consumers pay for any Apple Pay purchase in installments, rivaling Affirm  —  - Service to let users pay off any Apple Pay purchase over time  — Fresh partnership with Apple could boost Goldman consumer push
Casey Newton / Platformer:
An Ugly Truth attributes many of Facebook's scandals to its capitalist origins, while arguably the biggest scandals extend from it impacting human psychology  —  Three ways of looking at a Facebook scandal  —  I. The CSO and The Wire  —  As the second season of the great 2000s crime drama …
Telegraph:
Issie Lapowsky / Protocol:
Inside the World Wide Web Consortium as members debate the future of online privacy, with browsers' engineers often at odds with companies that rely on tracking  —  James Rosewell could see his company's future was in jeopardy.  —  It was January 2020, and Google had just announced key details …
Catalin Cimpanu / The Record:
Microsoft says the attacks targeting SolarWinds Serv-U software with a now-patched RCE exploit are the work of Chinese hacking group DEV-0322  —  Microsoft said today that the recent wave of attacks that have targeted SolarWinds file transfer servers are the work of a Chinese hacking group …
The Information:
In April, Amazon acquired over a dozen staff from Facebook to boost its own low earth orbit satellite internet efforts; Amazon paid Facebook to seal agreement  —  Amazon has acquired a team of more than a dozen wireless internet experts from Facebook in an effort to boost its multibillion-dollar effort …
Queenie Wong / CNET:
Facebook is rolling out the ability for Group administrators to designate “group experts”, partly in an effort to help Facebook combat misinformation  —  The social network has been trying to combat misinformation by elevating authoritative sources.
Reuters:
Twitter says governments made 361 demands to remove content from 199 verified accounts of journalists and news outlets in H2 2020, up 26% from H1  —  Twitter Inc (TWTR.N) saw a surge in demands over the course of last year from governments around the world to take down content posted …
Bloomberg:
European Central Bank says it will begin a 24-month “investigation phase” that could lead to the creation of a digital euro by around 2025  —  - Process will take 24 months before decision on adoption taken  — ECB says infrastructure would use far less energy than Bitcoin
Lawrence Abrams / BleepingComputer:
REvil's infrastructure and websites are offline, including its data leak sites, less than two weeks after attacking 1,500+ businesses with ransomware via Kaseya  —  The infrastructure and websites for the REvil ransomware operation have mysteriously gone offline as of last night.
Manish Singh / TechCrunch:
India has indefinitely banned Mastercard from issuing new debit, credit, or prepaid cards over noncompliance with local data storage rules  —  Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit, or prepaid cards to customers in the South Asian market over noncompliance with local data storage rules.
Brian Krebs / Krebs on Security:
Microsoft fixes 13 critical flaws, four of which are under active attack, and updates a fix for the “PrintNightmare” RCE flaw impacting Windows Print Spooler  —  Microsoft today released updates to patch at least 116 security holes in its Windows operating systems and related software.
New York Times:
Two GOP lawmakers are pointing to previously unreleased emails to allege that Amazon unfairly used its influence in competing for Pentagon's JEDI cloud contract  —  Newly released emails show particular praise of Amazon among top Defense Department officials during the Trump administration …
Taylor Hatmaker / TechCrunch:
Discord buys Sentropy, which emerged from stealth last summer with AI-powered moderation software to fight online abuse and $13M in funding  —  The online chat platform Discord is buying Sentropy, a company that makes AI-powered software to detect and remove online harassment and hate.
Mary Ann Azevedo / TechCrunch:
Chicago-based investing app M1 Finance raises $150M Series E led by SoftBank's Vision Fund 2 at a $1.45B valuation, following $75M Series D in March 2021  —  Just over four months after announcing a $75 million Series D, M1 Finance today is announcing a new $150 million Series E round of funding led by SoftBank's Vision Fund 2.
More: Finextra

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Intel:
Intel Delivers powerful CPUs for AI and Networking  —  With the onset of AI, businesses demand powerful and efficient CPUs.  Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
Gamification: A simple way to enjoy getting more work done  —  Work doesn't have to be boring.  Gamification transforms everyday tasks into exciting challenges, making employees feel more engaged and motivated.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
A field guide for introverts: How to thrive at work without changing who you are | Susan Cain (author of "Quiet")
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Techmeme Ride Home:
E2EE For All!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
Why Trump can't be trusted with Congress' new anti-deepfake bill
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
The Logan Bartlett Show:
Flexport CEO Ryan Petersen Breaks Down the Global Impact of Trump's New Tariffs
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Generative Now:
Dan Shipper: The First MultiModal Media Company
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
Spotlight On:
Nebius's Arkady Volozh on What it Takes to Build Infrastructure Needed for the AI Era
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:20 AM ET, July 14, 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

Benjamin Mayo / 9to5Mac:
Chaim Gartenberg / The Verge: