Techmeme
June 30, 2020, 10:35 AM

Top News

Brian Heater / TechCrunch:
Lululemon says it plans to acquire home fitness startup Mirror for $500M; Mirror was last valued at $300M  —  Lululemon today announced plans to acquire home exercise startup Mirror, for $500 million.  The fitness apparel company noted its plans by way of a press release …
Cara Lombardo / Wall Street Journal:
Sources: Uber in talks to buy Postmates for ~$2.6B in a deal that could be announced next week if not sooner  —  A deal between Uber and the San Francisco-based food-delivery company could be announced next week if not sooner  —  Uber Technologies Inc. is in discussions to buy Postmates Inc …
Sarah Perez / TechCrunch:
Amazon launches Watch Party on Amazon Prime Video, a desktop feature for US Prime members to watch content together and chat with up to 100 viewers  —  Amazon Prime Video is beginning to roll out a co-viewing feature to Amazon Prime members in the U.S., the company announced today.
Sarah Perez / TechCrunch:
Spotify to launch real-time lyrics feature in 26 markets across Southeast Asia, India, and Latin America in partnership with Musixmatch, live on June 30  —  Last November, Spotify confirmed it was testing real-time lyrics synced to music in select markets.  Tomorrow, the company will announce …
Bloomberg:
India's app ban may present a model for other countries from Europe to Southeast Asia that seek to curtail China's access to their residents' data  —  - Ban shows the increasingly fractured nature of tech industry  — Chinese firms may find themselves excluded from key markets
Rahul Shrivastava / India Today:
Sara Fischer / Axios:
Facebook will change its News Feed algorithm to prioritize news stories with original reporting and demote ones that are not transparent about their authors  —  Beginning today, Facebook will be updating the way news stories are ranked in its News Feed to prioritize original reporting, executives tell Axios.
Casey Newton / The Verge:
Reddit will ban r/The_Donald, r/ChapoTrapHouse, and ~2,000 other subreddits, most of which are inactive, after updating rules to more explicitly ban hate speech  —  More than 2,000 communities are being removed on Monday for violating Reddit's new content policies
Ina Fried / Axios:
Memo: Microsoft suspended its ads on Facebook and Instagram in the US in May and has since expanded the pause globally, over concerns of “inappropriate content”  —  Microsoft suspended its advertising on Facebook and Instagram in the U.S. in May and recently expanded that to a global pause …
Jacob Kastrenakes / The Verge:
Twitch temporarily bans President Trump for “hateful conduct” that was aired on stream, noting it does not make exceptions for “political or newsworthy content”  —  A temporary suspension for ‘hateful conduct’  —  Twitch has temporarily banned President Donald Trump …
Mike Masnick / Techdirt:
Despite pretending to be a free speech alternative to Twitter, Parler is taking down content and shutting down accounts  —  Well, that did not take long at all.  On Friday we predicted that just like every other social media platform out there, the new favorite among people who falsely …
Julia Alexander / The Verge:
YouTube bans six channels, including those of white supremacists Stefan Molyneux, David Duke, and Richard Spencer, for violating its hate speech policies  —  Bans come after YouTube's 2019 policy update  —  YouTube has banned several prominent white supremacist channels …

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