Techmeme
October 5, 2019, 11:45 PM

Top News

CNBC:
PayPal says it is withdrawing from Facebook's Libra Association, becoming the first of its founding members to do so  —  PayPal is withdrawing from Facebook's Libra Association, the company announced Friday.  —  “PayPal has made the decision to forgo further participation in the Libra Association …
Samuel Axon / Ars Technica:
Apple admits some iPhone 6S/6S Plus phones sold from Oct. 2018 to Aug. 2019 may not turn on due to a faulty component, offers free repairs and repair refunds  —  The problem affects phones made between October 2018 and August 2019.  —  Apple has posted notice of a new repair program …
Tripp Mickle / Wall Street Journal:
How Tim Cook is cultivating a relationship with Donald Trump and advocates for Apple's interests, while avoiding public backlash from employees and customers  —  Apple CEO advocates for his company's interests while avoiding a backlash from either employees or the president
Tom Burt / Microsoft on the Issues:
Microsoft: Iran-linked group, dubbed Phosphorus, attempted to hack 241 accounts belonging to a 2020 presidential campaign and others between Aug. and Sept.  —  Today we're sharing that we've recently seen significant cyber activity by a threat group we call Phosphorus, which we believe originates …
Li Yuan / New York Times:
How China is using social media and films to stir patriotism and get communist party propaganda enthusiastically embraced by young people  —  Leveraging celebrities, the know-how of tech companies and images built for social media, the Communist Party can effectively stir patriotism among the youth.
Andreessen Horowitz:
A look at the history of open source as the big VC raises and multi-billion dollar exits for open source software startups become the norm  —  Editor's Note: The open source software (OSS) movement has created some of our most important and widely used technologies, including operating systems, web browsers, and databases.
Stephen Armstrong / WIRED UK:
Google's Stadia execs talk about plans for the service, including tackling latency issues, building an exclusive content library, and an internal game studio  —  Google Stadia promises console-free gaming where you can hop from watching to playing to streaming with just one click - but can it convince both developers and gamers?
Financial Times:
US and UK sign the first-ever bilateral data access agreement, enabled by the Cloud Act, to speed up court-approved data exchanges for criminal investigations  —  Police and intelligence agencies are to be given expedited access to electronic communications sent by terrorists …
Louise Matsakis / Wired:
Unlike other social media platforms, TikTok doesn't timestamp user uploads, frustrating some creators, but making it possible for months-old content to go viral  —  The popular app doesn't tell users when a video was posted.  Creators say that makes it easier to steal content—but there are also upsides to forgetting what day it is.
Romain Dillet / TechCrunch:
Spain-based payments startup Bnext raises $25M Series A, plans to expand to Mexico later this year  —  Fintech startup Bnext has raised a $25 million funding round.  The Spanish company is building a banking product and has managed to attract 300,000 active users.
More: Tech.eu and EU-Startups

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