Techmeme
August 19, 2019, 9:40 AM

Top News

Bloomberg:
Trump says that at a recent dinner Tim Cook made a “very compelling argument” that Apple might lose its edge to Samsung due to tariffs on goods from China  —  - Many made-in-China Apple products to be hit soon with tariffs  — Apple CEO made ‘good case’ about tariffs at dinner: Trump
Yogita Khatri / The Block:
Binance says it plans to launch Venus, an “independent regional version of Libra”, which will develop “localized” stablecoins pegged to fiat currencies  —  The world's largest cryptocurrency exchange Binance is planning to launch “Venus,” calling it an …
Sam Byford / The Verge:
Xiaomi, Oppo, and Vivo are working on an AirDrop-style wireless file transfer protocol that will work between their devices with speeds of up to 20MB/s  —  Three of China's biggest smartphone makers are working together on a new wireless file transfer protocol that will work between their respective devices.
@pinboard:
[Thread] Twitter has been running ads from Chinese state news agency Xinhua that aim to discredit protesters in Hong-Kong  —  Every day I go out and see stuff with my own eyes, and then I go to report it on Twitter and see promoted tweets saying the opposite of what I saw. Twitter is taking money from Chinese propaganda outfits and running these promoted tweets against the top Hong Kong protest hashtags https://twitter.com/...
Catalin Cimpanu / ZDNet:
23 Texas local governments hit in what appears to be a coordinated ransomware attack  —  Infection blamed on a strain of ransomware known only as the “.JSE ransomware.”  —  Twenty-three local Texas governments have been infected with ransomware last week in what Texas officials have described as a coordinated attack.
Wouter Geerts / Skift:
Report: top 5 short-term rental firms like Airbnb, which accounted for only 4% of bookings in 2010, are estimated to account for 73% of gross bookings in 2019  —  The short-term rental ecosystem, from property managers and platforms to business-to-business vendors, is rapidly expanding.
Nikhilesh De / CoinDesk:
IRS sends out letters warning taxpayers that data it received from crypto exchanges shows they owe taxes related to trades over the past several years  —  The U.S. Internal Revenue Service (IRS) is sending another round of warning letters to cryptocurrency users, this time to taxpayers …

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David Nield / TechRadar.com:
Kevin Kwok / kwokchain:
Thomas Ricker / The Verge:
Reuters: