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August 6, 2020, 6:10 AM
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memeorandum
WeSmirchTop News
| Heather Kelly / Washington Post: |
Facebook removed video from Trump's page that claims kids are “almost immune” to COVID-19; Twitter blocks @teamtrump account from tweeting until video removed — The company has faced pressure to better moderate its site amid a massive advertiser boycott.
More:
Washington Post, NBC News, New York Times, CNN, USA Today, Reuters, CNN, Mashable, The Verge, Bloomberg, Wall Street Journal, TechCrunch, and TechCrunch
| Amanda Macias / CNBC: |
Trump admin proposes a “Clean Network” effort to curb potential national security risks from China by banning “untrusted” Chinese apps from US app stores, more — - U.S. Secretary of State Mike Pompeo announced a five-pronged “Clean Network” effort aimed at curbing potential national security risks from China.| Jonathan Shieber / TechCrunch: |
Telemedicine provider Teladoc Health signs a $18.5B deal to buy Livongo, maker of connected devices for managing diabetes and other chronic conditions — In a sign of the growing importance and value of digital healthcare in the world of medicine, two of the industry's publicly traded companies …
More:
STAT, CNBC, Silicon Valley Business …, Forbes, FierceBiotech, theguardian.pe.ca, Forbes, MarketWatch, and Yahoo Finance
| Chaim Gartenberg / The Verge: |
Samsung announces the Galaxy Z Fold2 with an upgraded camera system, larger 7.6-inch main display, and hole-punch cameras; release date and price TBA — The Fold is back — Samsung has officially announced the Galaxy Z Fold 2 at its Unpacked event, the successor to last year's Galaxy Fold …
More:
Samsung US Newsroom, Engadget, CNET, and Ubergizmo
Tweets: @peterpham, @geoffreyfowler, @ischafer, @daniel_rubino, @pierce, @mgsiegler, @nickstatt, @themrmobile, and @joannastern
| Ben Schoon / 9to5Google: |
More:
The Verge, Wired, Light Reading, The Verge, Engadget, The Verge, XDA Developers, Techaeris, and The Next Web
Tweets: @ishanagarwal24, @wsj, @joannastern, @geoffreyfowler, @maxwinebach, and @devindra
| Mary Jo Foley / ZDNet: |
More:
The Verge, Softpedia News, Engadget, Android Police, Fossbytes, Ubergizmo, Android Headlines, and SlashGear
Tweets: @tomwarren, @tomwarren, @xboxp3, @benthepcguy, @icepickdanza, @alexqgb, @daniel_rubino, @firt, @mooch1978, @patrickmoorhead, @romudeth, and @chr1sa
| Tom Warren / The Verge: |
Microsoft ends its xCloud game streaming test on iOS devices, says it had to limit the app to one game and 10,000 testers “to comply with App Store policies” — Apple's App Store policies appear to be holding xCloud back — Microsoft has ended its xCloud game streaming test for iOS devices today.| Vlad Savov / Bloomberg: |
TikTok announces that it is setting up its first data center in Europe with a $500M investment in Ireland, says data of European users will be stored there — TikTok, the embattled video-sharing app that's found itself at the center of Washington-Beijing tensions, is setting up its first data center …
More:
Newsroom | TikTok, Fortune, The Times, The Irish Times, and Reuters
Tweets: @nicholasvinocur and @laukaya
| Devin Coldewey / TechCrunch: |
YouTube says it took down 2,596 accounts from China in Q2 for engaging in “coordinated influence operations” on political issues, up from 277 accounts in Q1 — YouTube has banned a large number of Chinese accounts it said were engaging in “coordinated influence operations” on political issues, the company announced today.| Lily Hay Newman / Wired: |
Election tech giant ES&S and security firm Synack partner to allow security professionals, vetted by Synack, to do penetration testing on some ES&S products — After years of secrecy, one major election tech company is giving more hackers a look under the hood.
Tweets: @synack, @weems, @lilyhnewman, and @caseyjohnellis
| Bloomberg: |
Rackspace closed ~22% down on its first day of trading, after raising $704M in its IPO, and now has a market value of $3.26B — - Cloud computing firm Rackspace has year's worst debut in U.S. — Fellow Texas firm BigCommerce doubles value on its first day
More:
Fortune, Channel Futures, ExpressNews.com, CRN, Barron's Online, and MarketWatch
| Yoolim Lee / Bloomberg: |
Intuit has agreed to acquire TradeGecko, an inventory and order management software platform for small retailers and wholesalers, sources say for $80M+ — - Intuit is said to pay more than $80 million for TradeGecko — TradeGecko will be integrated into Intuit's QuickBooks Online
More:
Intuit, Entrepreneur, New Zealand Herald, and The Business Times
Tweets: @jonrussell, @serrynaimo, @yoolimleenews, and @technology
| Sarah Perez / TechCrunch: |
Facebook launches Instagram Reels, its TikTok competitor that lets users create and publish 15-second videos, in 50+ countries, including the US, UK, and Japan — Instagram Reels, the company's significant effort in challenging TikTok on short-form creative content, is launching globally, starting today.
More:
Instagram, The Verge, Micky, Silicon Republic, Bloomberg, Washington Post, BuzzFeed News, 500ish, The Hill, AdExchanger, The Brussels Times, Washington Examiner, InsideHook, Forbes, Search Engine Journal, TechShout, BBC, KGTV-TV, Android Headlines, PingWest, Ubergizmo, The Information, HYPEBEAST, Forbes, Smartphones, and PCMag
Tweets: @instagram, @sarafischer, @mosseri, @pasql, @cavsanada, @joannastern, @blumenfeld, @levie, @joannastern, @sameer_singh17, and @calbucci
| Janko Roettgers / Protocol: |
Interview with Sonos CEO Patrick Spence, who says Amazon illegally prices its Echo speakers below cost and can do so by subsidizing from its “monopoly business” — Sonos CEO Patrick Spence believes that Amazon is breaking the law by selling its Echo speakers below cost.| Katharine Gemmell / Bloomberg: |
Uber buys UK-based taxi-software company Autocab, in a deal that will extend the company's reach in the UK from ~40 locations to ~170 — - U.K. market will eventually grow to up to 170 areas from 40 — Autocab drivers to get ‘more earnings opportunities’ via Uber
More:
The Next Web, TechCrunch, Axios, Telegraph, Uber Newsroom, Engadget, and Reuters
Tweets: @business and @martinsfp
| Crystal Tse / Bloomberg: |
Shares of e-commerce startup BigCommerce rose as much as 292% above its $24 IPO Wednesday; stock closed up 201% and raised $216M — BigCommerce Holdings Inc., which makes software for online business operations, rose as much as 292% in its trading debut after pricing its $216 million initial public offering above a targeted range.
More:
Business Insider and PYMNTS.com
Tweets: @delrey, @bigcommerce, @financialreview, @elena_a_leonova, @bgurley, and @mcannonbrookes
| Eugene Wei / Remains of the Day: |
TikTok's video recommendation algorithm shows that machine learning can overcome cultural ignorance, a boon for companies operating in foreign markets — I often describe myself as a cultural determinist, more as a way to differentiate myself from people with other dominant worldviews, though I am not a strict adherent.
More:
New York Times. Tweets: @kevinroose, @cfcamerer, @hshaban, @taylorlorenz, @puiwingtam, @eugenewei, and @hshaban
| Andrew J. Hawkins / The Verge: |
California's labor commissioner has filed separate lawsuits against Uber and Lyft for alleged wage theft by misclassifying workers as independent contractors — The Golden State is becoming increasingly hostile to app-based ride-hailing — Uber and Lyft are committing wage theft …
More:
California Department …, Business Insider, Los Angeles Times, and CNN
Tweets: @juliesuca, @mims, @gigworkersrise, and @faridajhabvala
| Ryan Mac / BuzzFeed News: |
Instagram says a “bug” caused its hashtag recommendations to favor Trump-related content when searching for hashtags related to Joe Biden and Trump — “A technical error caused a number of hashtags to not show related hashtags. We've disabled this feature while we investigate."
More:
Tech Transparency Project and The Overspill
Tweets: @instagramcomms, @rmac18, @moonalice, @rmac18, @rmac18, @rmac18, @alibreland, @ttp_updates, @sarahfrier, @ericgeller, @parkermolloy, @gchaslot, @rmac18, @sarahnemerson, @ttp_updates, @stokel, @ttp_updates, @zackwhittaker, @instagramcomms, @mat, @rockshrimp, @mslopatto, @swiftonsecurity, @iamtherog, @alanisnking, @rmac18, @jaredgilmour, @eskildsenben, @samfbiddle, @crawf33, @mattnavarra, @moonalice, @robpegoraro, @ryanhoulihan, and @nitishpkulkarni
| Jay Greene / Washington Post: |
Microsoft could use data culled from TikTok content, such as video of people of different ethnicities engaged in a variety of activities, to train its AI — More than merely appealing to the young users of TikTok, Microsoft could use the data culled from its videos to better compete against its AI rivals.| Lawrence Abrams / BleepingComputer: |
Camera maker Canon struck by apparent ransomware attack resulting in data loss for users of its free cloud storage and affecting many of its website domains — Canon has suffered a ransomware attack that impacts numerous services, including Canon's email, Microsoft Teams, USA website … | James Vincent / The Verge: |
Google updates its G Suite apps with link previews, Smart Compose in Docs, improved comment navigation, and support for Microsoft Office files on Android — Visual updates for easier work on the go — Google is updating its office software on mobile devices for G Suite users … Sponsor Posts
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