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August 13, 2020, 7:30 AM
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| Manish Singh / TechCrunch: |
Sources: ByteDance has been in talks with India's Reliance for investment in TikTok's India operations since late last month, after India banned the app in June — Chinese giant ByteDance is engaging with India's Reliance Industries Limited, the parent firm of telecom giant Jio Platforms …
More:
CNBC, TechRadar, Fossbytes, Inc42 Media, PYMNTS.com, BGR India, Pocketnow, and KnowTechie
Tweets: @wadhwa, @ugalani, @ritacyliao, and @tanayj
| James Vincent / The Verge: |
Twitter launches API v2, the first complete rebuild of its API since 2012, in a bid to improve relations with third-party developers — Wooing developers with a new API — Twitter is making it easier for businesses, academics, and third-party developers to build on its platform with the launch of its API v2 today.
More:
Twitter, Engadget, The Next Web, and Android Authority
Tweets: @twitterdev, @jack, @sferik, @gedeon, @twitterapi, @androiddev, @evanmcmurry, @dfreelon, @tomwarren, @kayvz, @obra, @kfury, @evan_van_ness, @tessak22, @helvetiica, @dakami, @anthony, @kurrik, and @backlon
| Bloomberg: |
Sources: Apple is readying tiered subscription bundles, starting with a basic package that will include Apple Music and Apple TV+, launching as early as Oct. — Apple Inc. is readying a series of bundles that will let customers subscribe to several of the company's digital services at a lower monthly price …
More:
MacRumors, iMore, 9to5Mac, Reuters, Engadget, The Mac Observer, and MacRumors
Tweets: @kalltvatten and @northmantrader
| Wall Street Journal: |
Sources: companies including Apple and Disney participated in a White House call over the WeChat ban, saying it could undermine their competitiveness in China — Companies including Apple, Disney and Walmart participate in call with White House over action against China's most important app| Nathan DiCamillo / CoinDesk: |
Coinbase says it will offer fiat loans to US retail customers, backed by as much as 30% of a customer's bitcoin holdings, in 17 states this fall — Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings in the fall, the San Francisco-based exchange announced Wednesday.
More:
The Coinbase Blog, The Next Web, SiliconANGLE, CryptoGlobe, and CryptoSlate
Tweets: @coinbase, @lisamightydavis, @ecurrencyhodler, @hhorsley, and @econoar
| Bloomberg: |
Sources: Palantir is planning to go public through a direct listing of its shares in late September — Palantir Technologies Inc. is planning to go public through a direct listing of its shares in late September, according to people familiar with the matter.
Tweets: @sonalibasak and @rileycnbc
| Nancy Scola / Politico: |
Google, Facebook, Twitter, Pinterest, and others partner to scenario-plan for the last three months before US Election Day, including slow election results — Google, Facebook, Twitter and other major social media companies are working together to scenario-plan for the last three months …
More:
New York Times, Wall Street Journal, CNN, The Keyword, Reclaim The Net, USA Today, Mediaite, Digital Trends, NBC News, and CNET
Tweets: @fbnewsroom, @policy, @googlepubpolicy, @fbajak, @alexstamos, @apblake, @ngleicher, @wongmjane, @cfarivar, @verleza, @g_ack, @alexstamos, @evelyndouek, @blackamazon, @yoyoel, @shannimcg, and @vonplumps
| Abrar Al-Heeti / CNET: |
Canalys: 31.9M smartphones shipped in the US in Q2, down 5% YoY; Apple shipped 15M iPhones in the US, up 10% YoY, and Samsung shipped 7.4M units, down 1% YoY — Vendors shipped nearly 32 million smartphones in the US in the second quarter, according to a Canalys report.
More:
Canalys, MacRumors, International Business Times, iMore, AppleInsider, The Register, BGR, and SamMobile. Tweets: @canalys
| Naomi Gleit / About Facebook: |
Facebook launches a Voting Information Center on Facebook and Instagram, a one-stop-shop for information on how to register and vote — In June we announced that we're conducting the largest voting information campaign in American history, with the goal of helping 4 million voters register …
More:
Axios, CNET, iMore, Bloomberg, Reuters, The Irish Times, TechCrunch, Vox, New York Times, Associated Press, Pocketnow, and Digital Trends. Facebook: Mark Zuckerberg
| Alex Heath / The Information: |
Source: Facebook and Snap recently approached Dubsmash, a lip-syncing video app, about an acquisition, with discussions including a possible nine-figure deal — Facebook and Snap recently held talks to buy Dubsmash, a lip-syncing video app that has surged in popularity alongside a crop of other TikTok competitors.
More:
Business Insider and Reuters
Tweets: @joshconstine, @sameer_singh17, @jessicalessin, @amir, and @alexeheath
| CNBC: |
Blend, which develops a SaaS platform for lenders, raises $75M Series F led by Canapi Ventures at a valuation of ~$1.7B, up more than 70% from a year earlier — - Digital lending start-up Blend raised $75 million in fresh funding at a valuation of almost $1.7 billion, a jump of more than 70% …
More:
San Francisco Business Journal, PR Newswire, Blend, HousingWire, and FinSMEs. Tweets: @hugh_son
| Alex Kantrowitz / Big Technology: |
Facebook rolls out an interstitial screen that pops up when users try sharing COVID-19 content, showing the source and date created, adding much-needed friction — With its product decisions, Facebook is admitting the share button can do more harm than good.
More:
About Facebook, Android Headlines, Gizmodo, Ubergizmo, Pocketnow, Engadget, Social Media Today, The Verge, and Reclaim The Net
Tweets: @davegillis, @evelyndouek, @samharrelson, @chrismessina, @oliverdarcy, @jesselehrich, and @kantrowitz
| Tom Warren / The Verge: |
Microsoft is launching its Surface Duo dual-screen Android phone on September 10 for $1,399, with preorders starting today in the US — Microsoft is launching its Surface Duo dual-screen Android phone on September 10th, priced from $1,399. After months of Microsoft executives teasing …
More:
Android Authority, Microsoft Devices Blog, Windows Central, Microsoft Design, Wired, Engadget, PiunikaWeb, Telecoms.com, BGR India, Ars Technica, PhoneArena, Charged, Android Central, Softpedia News, Pocketnow, SiliconANGLE, Micky, The Overspill, Ubergizmo, Bloomberg, Channel Futures, TechRepublic, ZDNet, AndroidGuys, 9to5Mac, Engadget, Android Police, MSPoweruser, iPhone in Canada Blog, IT Management, CNET, and BetaNews
| Scott Stein / CNET: |
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Fast Company, International Business Times, On my Om, Softpedia News, The Jolly Teapot, The Verge, and GameSpot
Tweets: @tomwarren, @fxshaw, @mathewi, @maxwinebach, @jetscott, and @thekenyeung. Thanks:@rogerwcheng
| Stephanie Condon / ZDNet: |
Cisco reports Q4 revenue of $12.2B, down 9% YoY, net revenue of $2.6B, up 19% YoY, says more than half its revenue is from software and services; stock down 6%+ — Cisco posted better-than-expected Q4 results, with product sales declining and services revenue flat year-over-year.
More:
Cisco, The Irish Times, Wall Street Journal, Barron's Online, SiliconANGLE, Silicon Valley Business …, CNBC, Bloomberg, and Reuters. Tweets: @ron_miller
| Lauren Feiner / CNBC: |
Uber CEO Dara Khosrowshahi says it will likely need to shut down for several months in California if it is forced to re-classify drivers as employees — - Uber would likely shut down temporarily for several months if a court does not overturn a recent ruling requiring it to classify its drivers …
More:
Los Angeles Times, TechCrunch, NBC News, Politico, Silicon Republic, Mashable, Newser, TechCrunch, Android Headlines, VICE, Gizmodo, SiliconANGLE, Digital Trends, and PYMNTS.com
Tweets: @darrellissa, @techcrunch, @bigblackjacobin, @nelpnews, @9x19, @jwolpert, @brockpierce, @seanlinehan, @noahpinion, @alexjamesfitz, @aegies, @rodger, @sokane1, @zck, and @lauren_feiner
| Brian J Barth / OneZero : |
A look at how Alphabet subsidiary Sidewalk Labs' bet on making Toronto a smart city failed, driven by intense resistance from residents and civic leaders — Alphabet bet big in Toronto. Toronto didn't play along. — October 2017, Canadian Prime Minister Justin Trudeau spoke …
Tweets: @kotarski, @yeahyeahyasmin, @longform, @joshokane, @neve_peric, @dlberes, @ozm, and @davegershgorn. Thanks:@dlberes
| Bloomberg: |
Sources: Airbnb reported Q2 revenue of $335M, down from $842M in Q1 and over $1B in Q2 2019, as its adjusted loss rose to $400M, up from $341M in Q1 — - Home share site also records a wider loss in second quarter — A stock listing is back on track with recent travel rebound
More:
PYMNTS.com, Business Insider, and Reuters
Tweets: @rileycnbc, @bnnbloomberg, @katie_roof, @carnage4life, and @sehaj23
| Lora Kolodny / CNBC: |
Lyft reports Q2 revenue of $339M, above expectations but down 61% YoY, as active riders drop 60% YoY to 8.7M; revenue per active rider was $39.06, down 2% YoY — - Ride-hailing company Lyft reported results for the period ending June 30, 2020, its first full quarter during the Covid-19 pandemic.
More:
Lyft, Inc., TechCrunch, Bloomberg, Protocol, CNBC, The Hill, Yahoo Finance, Wall Street Journal, Barron's Online, PYMNTS.com, Fox Business, Business Insider, Financial Times, Los Angeles Times, and The Information
Tweets: @markdistef, @cnbcnow, and @saraashleyo
| New York Times: |
Hands-on with Instagram's Reels: confusing, frustrating, impossible to navigate, and lacking TikTok's editing features — TikTok might not be winning over President Trump, but it sure beats its Instagram copycat for making and sharing short videos. — Millions of people have used …
More:
Social Media Today. Tweets: @can, @genepark, @jason_kint, @kantrowitz, @blader, @kvox, @om, @brokenbottleboy, @davechensky, @felixsalmon, @mmasnick, @zoescaman, @stratkatka, @tsuvik, @bxchen, @puiwingtam, and @taylorlorenz
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