| Dan Primack / Axios: |
Walmart says it is working with Microsoft on the TikTok deal, sources say with the idea of turning TikTok US into an e-commerce app for creators and users — Microsoft is working with Walmart on its efforts to buy TikTok's U.S. business from China's ByteDance, Axios has learned from multiple sources close to the process.| Alex Sherman / CNBC: |
Sources: Walmart sought majority stake in TikTok, but US demanded a tech firm as lead investor; Walmart originally was in consortium with SoftBank and Alphabet — - Walmart wanted to be the majority owner of TikTok, but the U.S. government demanded a technology company that could secure … | Financial Times: |
TikTok CEO Kevin Mayer resigns, sources say after Trump threatened to ban the app; Vanessa Pappas, currently general manager of TikTok, will become interim head — Former Disney executive resigns just months after appointment by Chinese video platform — Kevin Mayer has quit TikTok … | Alex Sherman / CNBC: |
Sources: TikTok likely to announce a sale of US, Canada, Australia, and NZ operations in a deal worth $20B to $30B as soon as next week — - TikTok is nearing an agreement to sell its U.S., Canadian, Australian and New Zealand operations in a deal that could be announced as soon as next week, sources say.| The Wrap: |
| Dieter Bohn / The Verge: |
Amazon unveils Halo, a $100 fitness band with an app to track emotional tone and create 3D scans for body fat, with an optional $4/month subscription service — It makes a 3D model of your body and tracks the emotional tone in your voice — Amazon is getting into the health gadget market … | Catalin Cimpanu / ZDNet: |
DOJ sues to recover 280 BTC and ETH accounts the DOJ believes are storing funds that North Korean hackers stole from two cryptocurrency exchanges in 2019 — US officials are going after 280 BTC and ETH accounts storing funds North Korean hackers stole from two cryptocurrency exchanges.| Shubham Agarwal / Digital Trends: |
Twitter says it “may limit the visibility” of “copypasta” tweets that feature text that has been copy and pasted without any modifications from the source — Twitter will now hide tweets that feature text that's been copy and pasted without any modifications from the source.| Sarah Perez / TechCrunch: |
Google revamps Assistant's Snapshot feature for iOS and Android, adding personalized recommendations powered by existing user data — Google is revamping its two-year old “Snapshot” feature in Google Assistant for iOS and Android. The company in 2018 had first introduced Google Assistant Snapshot … | Natalie Gagliordi / ZDNet: |
Nutanix reported FY 2020 revenue of $1.31B, up 6% YoY, and announced a $750M investment from Bain Capital, as CEO and co-founder Dheeraj Pandey to retire — Nutanix also announced that Bain Capital will purchase $750 million in Convertible Senior Notes to become a leading shareholder in the company.| Sarah Frier / Bloomberg: |
Facebook allows advertisers to target users in mainland China, despite national ban; Facebook says this is intentional, as a “small fraction” can circumvent ban — - Social network has been blocked in mainland China since 2009 — Ad archive shows messages targeting Beijing, Shanghai, Yunnan| Sara Fischer / Axios: |
| Jeff John Roberts / Fortune: |
Digital Currency Group to invest $100M in its subsidiary Foundry, which was quietly formed in 2019 to mine bitcoin and other cryptocurrencies in N. America — In the early days of Bitcoin, people could mine the cryptocurrency in their homes using cell phones or laptops.| Chris Gilliard / OneZero : |
The technocratic language Facebook uses in its takedown reports hides the human trauma caused by material that exists only because Facebook made it possible — These reports obscure a torrent of hate speech and other toxic content — If — you've never read a Facebook … | Russell Brandom / The Verge: |
| C. Scott Brown / Android Authority: |
Leaked video appears to show LG's forthcoming dual-screen Wing, which has a rumored 6.8-inch main display and a flip-out 4-inch second display — - The video gives us ideas of possible use cases for a phone with this design, and they are pretty compelling.| Alexander Maxham / Android Headlines: |
Sources: Sony's Xperia 5 II will feature a 6.1" 21:9 OLED screen, 120Hz refresh, Snapdragon 865, 8GB RAM, 4,000mAh battery, 3-camera array; release on Sept. 17 — The Sony Xperia 5 II is shaping up to be a pretty impressive device from the company. And we have just about every detail about Sony's new flagship smartphone.| Nikkei Asian Review: |
Source: Japan Display plans to sell its smartphone screen factory in Hakusan, Japan to Sharp for $377M; JDI will repay Apple for its investment in the factory — Cash will go to repay iPhone maker for investment on idle LCD factory — TOKYO — Struggling Apple supplier Japan Display plans … | Stephanie Condon / ZDNet: |
HP Inc. reports Q3 revenue of $14.3B, down 2.1% YoY, with notebook sales up 32% YoY but workstation revenue down 30% YoY and printing net revenue down 20% YoY — With the COVID-19 pandemic driving up demand for notebooks, HP said its shipments grew by 32 percent year-over-year.| Natalie Gagliordi / ZDNet: |
VMware beats estimates for Q2 with revenue of $2.88B, up 9% YoY, as subscription and SaaS revenue jumped 44% YoY to $631M — VMware said subscription and SaaS revenue for the second quarter jumped 44% from a year ago to $631 million, and represented 22% of total Q2 revenue.| Jonathan Shieber / TechCrunch: |
CDN provider Fastly to acquire security monitoring and management company Signal Sciences for $775M — Los Angeles was always more than a one industry town, even when it comes to technology startups, but media and entertainment (and social networking) were always the big draws in tinseltown.| Annie Palmer / CNBC: |
Amazon opens its first Fresh grocery store in Los Angeles to select customers, equipped with Dash Carts and voice-activated Echo Show displays — - Amazon is opening the first location of its new chain of Fresh grocery stores. — The store, located in Los Angeles' Woodland Hills neighborhood …
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| Rafat Ali / Skift: |
| Bloomberg: |