Wefox, a Berlin-based digital insurer focused on personal insurance products, raises $650M Series C led by Target Global at a post-money valuation of $3B (Romain Dillet/TechCrunch)

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Nvidia announces flagship gaming GPU GeForce RTX 3080 Ti, promises to deliver 1.5x more performance over RTX 2080 Ti, available worldwide on June 3 for $1,199 (Tom Warren/The Verge)

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AMD unveils Radeon RX 6000M series of graphics adapters for gaming laptops, which are based on the RDNA2 architecture that underpins AMD's desktop RX 6000 parts (Ryan Smith/AnandTech)

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Thailand-based Flash Group, which provides e-commerce logistics services including Flash Express, raises $150M in new funding to become Thailand's first unicorn (Suchit Leesa-Nguansuk/Bangkok Post)

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Rescuers question what3words' use in emergencies Mountain Rescue in England and Wales shows the BBC dozens of wrong addresses it has been given. June 01, 2021 at 08:11AM

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Sources: PE firms KKR and CD&R are nearing a deal to buy software company Cloudera and take it private; Cloudera has a market value of nearly $4B (Wall Street Journal)

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Why electric cars will take over sooner than you think The BBC's Justin Rowlatt explains why we are accelerating towards an electric car future. June 01, 2021 at 05:11AM

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Maryland and Montana have passed the nation's first laws limiting forensic genealogy, the DNA matching technique that found the Golden State Killer in 2018 (Virginia Hughes/New York Times)

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A look at TikTok's incubator program for Black creatives, which ran from Feb. to May; over 5,000 people applied for the 100 spots, 3,000 just in the first day (Arit John/Los Angeles Times)

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Analysis of 50 public software companies finds that repatriating workloads from public cloud infrastructure could help them reduce their cloud spend by 50% (Andreessen Horowitz)

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Study reveals the strange marketing of "loop" giveaways on Instagram, where lesser influencers get on "must follow" lists and are paid to post about giveaways (Allie Jones/Vox)

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On June 8, Amazon devices will join its Sidewalk wireless mesh network in select countries, sharing a slice of bandwidth with neighbors, unless users opt out (Dan Goodin/Ars Technica)

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Q&A with Revathi Advaithi, CEO of Flex, the world's third-largest electronics manufacturing company, on the complicated politics of global manufacturing (Nilay Patel/The Verge)

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Privacy group targets website 'cookie terror' Campaigners lodge hundreds of complaints against sites they claim break cookie laws. May 31, 2021 at 07:47PM

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Nvidia and NERSC lab unveil Perlmutter, which they say is the world's fastest supercomputer for AI workloads, built using 6,144 NVIDIA A100 Tensor Core GPUs (Damon Poeter/VentureBeat)

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Instagram's algorithm will now rank original and reposted content equally amid employee concerns about suppression of pro-Palestinian voices (Hannah Murphy/Financial Times)

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Apple releases its supplier responsibility report for 2020, saying there was a reduction in major violations of its code of conduct and no cases of child labor (Bloomberg)

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Quic, a UDP-based protocol designed by Google to replace TCP, has been published as a standard by IETF, indicating it's mature enough for mass market adoption (Stephen Shankland/CNET)

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Gaza conflict: Instagram changes algorithm after alleged bias Instagram says its ranking system had a "bigger impact than expected" on some types of posts. May 31, 2021 at 04:35PM

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Xiaomi demos fully charging a 4,000mAh battery in eight minutes over a 200W "HyperCharge" system or in 15 minutes with 120W wireless charging (Sam Byford/The Verge)

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Stockholm-based digital healthcare provider Doktor.se raises €50M and says it is planning an IPO in Q1 2022 (Dan Taylor/Tech.eu)

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Chipper Cash, which provides cross-border payments services in Africa and says it has 4M users, raises $100M Series C led by SVB Capital (Tage Kene-Okafor/TechCrunch)

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Euroconsumers, a group of EU consumer agencies, partners with Facebook after settling a lawsuit with Facebook in April over alleged illegal user data harvesting (Pieter Haeck/Politico)

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Esports' popularity 'only scratching the surface' Traditional sport must 'shift' to attract new audiences says the boss of a major esports team. May 30, 2021 at 10:47AM

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'I lost millions through cryptocurrency addiction' Jake got addicted to trading cryptocurrency and lost more than £1m of money that was not his. May 29, 2021 at 03:24AM

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Some residents worry the warehouse boom in PA's Lehigh Valley, driven by its proximity to NY and e-commerce, is putting long-term economic well-being at risk (Michael Corkery/New York Times)

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Intel unveils a refresh of its 11th-Gen Tiger Lake-U chips aimed at laptops and debuts a 5G modem developed with MediaTek that supports 5G on slower, sub-6 GHz (Dr. Ian Cutress/AnandTech)

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As big financial industry players like Fidelity Investments push SEC to approve Bitcoin-linked ETFs, crypto lobbying efforts meet resistance from US lawmakers (Kellie Mejdrich/Politico)

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Noisy appliances: How loud is your house? Environmental consultancy Quiet Mark is on a mission to ensure technology is seen but barely heard. May 31, 2021 at 07:26AM

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The Wikimedia Foundation is financially healthy and nearing a $100M endowment target five years ahead of schedule, yet fundraising appeals imply it's struggling (Andreas Kolbe/The Daily Dot)

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During the pandemic, electronic health record provider Epic quickly rolled out a non-peer reviewed AI-powered tool for triaging patients across US hospitals (Fast Company)

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Via Prime, Fulfillment by Amazon, and its Buy Box algorithm, Amazon forces third party Marketplace sellers to keep prices high for consumers across the web (Matt Stoller/BIG)

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India's largest independent e-commerce logistics startup Delhivery has raised $277M led by Fidelity, valuing the startup at ~$3B (Manish Singh/TechCrunch)

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Through its custom silicon, integrated sensors, design-led focus on user experience, and broad ecosystem, Apple is a decade ahead of rivals in wearables (Neil Cybart/Above Avalon)

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Amid a boom in retro gaming, enthusiasts are scouring online marketplaces for old CRTs, as modern displays can't replicate the unique characteristics of CRTs (Aidan Moher/Wired)

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Hello Heart, a heart health management app employers can offer to their employees as benefit, raises $45M Series C led by IVP and says its business is up 3x YoY (Anne Stych/The Business Journals)

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Meituan reports Q1 revenue of $5.8B, up 120.9% YoY, and a loss of $752M; CEO says Meituan is reviewing its business practices amid China's antitrust probe (South China Morning Post)

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A bull case for Ethereum, which is the backbone and a settlement layer of a decentralized internet that continues to grow as DeFi and NFTs explode in popularity (Packy McCormick/Not Boring)

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Relativity, which helps law firms analyze large datasets, acquires Text IQ, an AI startup that helps businesses identify sensitive data, reportedly for $100M+ (Jim Dallke/Chicago Business Journal)

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Tech companies took up 22% of new office space in Singapore between 2015-2020, up from 8% between 2004-2014, led by Amazon, as financial firms reduced workspace (Faris Mokhtar/Bloomberg)

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Apple's claims about respecting privacy aren't fully serious, as the iPhone default doesn't disallow apps from tracking users, instead expecting users to do so (Doc Searls Weblog)

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Despite a wave of complaints, pushback from top universities, lawsuits, and accusations of bias, Proctorio's client list grew over 500% from 2019 to 2021 (Nora Caplan-Bricker/New Yorker)

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Buying a pink NFT cat was a crypto nightmare Trying to own a virtual feline proves to be an exhausting and expensive process. May 30, 2021 at 04:35AM

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Court docs detail Google's user location data collection, efforts to hide an off toggle deep in Android settings, pressure on partners like LG to do the same (Tyler Sonnemaker/Insider)

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How online criminals are turning to unlicensed crypto exchanges and over-the-counter crypto brokers to cash out profits and how crypto forensic firms track them (Hannah Murphy/Financial Times)

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Google researchers detail "Half-Double", a new Rowhammer attack technique they say will be difficult to mitigate as future generations of DRAM chips get smaller (Lily Hay Newman/Wired)

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Indian conglomerate Tata Group buys a majority stake in e-grocer Bigbasket; previous reports suggest that the deal is worth $1.31B for a stake of up to 64.2% (Reuters)

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US's campaign against Huawei has opened the $35B/year cellular equipment market, giving rise to new players and helping US's bid to counter China's 5G dominance (Stu Woo/Wall Street Journal)

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Sprinklr, a provider of customer service software, files for an IPO and reports revenue of $386.9M and net loss of $41.2M in the year ended January 31 (Reuters)

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Google says it won't build itself Privacy Sandbox backdoors, but whether it will allow itself to use individual-level data from Chrome users remains unclear (Kate Kaye/Digiday)

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