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August 3, 2020, 3:00 PM
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The Official Microsoft Blog:
After Satya Nadella and Trump spoke, Microsoft says it will continue discussions to explore a TikTok acquisition in US, ending on Sept. 15 if no deal is reached  —  Following a conversation between Microsoft CEO Satya Nadella and President Donald J. Trump, Microsoft is prepared to continue discussions …
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Bloomberg:
Trump says he is fine with the idea of Microsoft buying TikTok in US, but the US government should be paid a “substantial amount of money” as part of the deal  —  - President says U.S. Treasury would have to get large payment  — Trump indicates conditions for potential Microsoft deal
Tom Warren / The Verge:
Microsoft acquiring TikTok lets it access younger users growing up with iOS and Android, expand AR and Xbox offerings, and collect data  —  At first glance, a Microsoft acquisition of TikTok seems a little unusual.  Microsoft has spent years walking back consumer plays like the Groove Music service …
Wall Street Journal:
Sources: behind TikTok's progress toward making a Microsoft deal, with weeks of talks that included US officials, nearly derailed by Trump's public opposition
Aime Williams / Financial Times:
Mike Pompeo suggests US will take action in the coming days against more Chinese software companies that it perceives as a risk to national security
Dieter Bohn / The Verge:
Google announces the $349 Pixel 4A, available for pre-order on August 20, $499 Pixel 4A 5G, and Pixel 5, coming later in fall  —  If you buy something from a Verge link, Vox Media may earn a commission.  See our ethics statement.  —  Google is officially announcing three Pixel phones today.
Dieter Bohn / The Verge:
Pixel 4A review: for $349, it sports 128GB storage, decent battery life, 5.8" 1080p screen, and a flagship-tier camera, great at photos but mediocre for video  —  Stripped to just the phone essentials, but it gets them right  —  If you buy something from a Verge link, Vox Media may earn a commission.
Manish Singh / TechCrunch:
Google says it will invest $450M in smart home security company ADT, which will sell and install Nest smart home products, for a 6.6% stake  —  Google is investing $450 million in ADT to acquire a 6.6% stake in the Florida-headquartered firm that provides security and smart home solutions, the two said today.
Sarah Perez / TechCrunch:
Google announces partnerships with six more banks to offer digital checking and savings accounts to Google Pay users in the US, starting next year  —  Google is expanding its plans to offer digital banking services in the U.S. The company announced today it's partnering with half a dozen …
Sarah Perez / TechCrunch:
Snap says it's working on a feature that will let users set their Snaps to music, similar to TikTok's app, coming to English-language markets this fall  —  Snapchat is taking aim at TikTok.  The company announced today it will begin testing a new feature that lets Snapchat users set their Snaps to music, similar to TikTok's app.
New York Times:
Profile of Twitter hack mastermind Graham Clark, a troubled teen who allegedly went from scamming on Minecraft to joining hacker forum OGUsers and SIM swapping  —  The teenage “mastermind” of the recent Twitter breach, who had a difficult family life, poured his energy into video games and cryptocurrency.
Liza Lin / Wall Street Journal:
Apple faces a $1.4B lawsuit from Shanghai Zhizhen Network Technology, a Chinese AI firm that was recently awarded a patent for a voice assistant similar to Siri  —  Shanghai Zhizhen Network Technology's suit could prevent Apple from selling many of its products in China
Spencer Soper / Bloomberg:
Sources: AGs from NY and CA are partnering with the FTC to investigate Amazon's online marketplace, with plans to interview witnesses in coming weeks  —  - New York is said to be teaming up with California AG and FTC  — Jeff Bezos last week testified before a House antitrust panel

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From Mediagazer

Janko Roettgers / The Verge:
Apple TV relies on a few tentpole titles to draw audiences, like HBO did in the past, while Netflix uses its catalog size and algorithms to keep viewers engaged

Sara Fischer / Axios:
Disney study: the Toy Story franchise has driven $16B in total revenue for the company over 30 years; nearly half of the revenue was generated domestically

Jake Kanter / Deadline:
Sources: new Doctor Who episodes are likely to remain off TV until at least 2028; the BBC says it will use a competitive process to find producers for Season 16

More News

David Shepardson / Reuters:
The FCC will take public comment for 45 days on the Trump administration's petition for new transparency rules on how social media companies moderate content

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David Roberts / Vox:
A deep dive into Microsoft's work on climate change, how big a deal it is among tech companies, what influence it may have, and where it falls short
Michael Bruck / LinkedIn:
Former Intel executive on how Intel achieved dominance in the computer industry after pivoting from memory chips to CPUs and then lost it as smartphones emerged
Ben Smith / New York Times:
Mark Zuckerberg says Facebook is mulling new rules around statements regarding election results including premature claims of victory
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