| New York Times: |
Sources: Instagram co-founder Kevin Systrom has had preliminary talks about becoming TikTok's new CEO — The video app is also looking for a new chief executive and has talked to candidates including a founder of Instagram. — WASHINGTON — The Chinese company that owns TikTok has accepted … | CNBC: |
Sources: ByteDance plans US IPO for new global TikTok business if Trump approves deal including Walmart and Oracle, which will take less than a 20% global stake — - President Trump is expected to decide on TikTok's fate in the U.S. in the next 24-36 hours, sources told CNBC's David Faber.| Washington Post: |
Sources: Steven Mnuchin is attempting to push through a TikTok deal enabling it to retain some Chinese ownership, despite security concerns from lawmakers — The deal would let the U.S. government approve the company's board and require TikTok to plan to go public| Ina Fried / Axios: |
Source: an agreement between ByteDance and Oracle includes creation of an oversight board approved by the US government, and a continuous third-party audit — An agreement between TikTok's Chinese owner ByteDance and Oracle includes a variety of concessions in an effort to make the deal palatable … | Chance Miller / 9to5Mac: |
A bug in the first public release of iOS 14 is making the default browser or mail app settings reset to Apple's Safari or Mail when the device reboots — One of the new features in iOS 14 is the ability to change the default email or browser app to a third-party alternative such as Chrome, Edge, or Outlook.| Salvador Rodriguez / CNBC: |
Facebook says it will specify which parts of its internal Workplace are for discussing political issues so staffers don't have to confront such issues at work — - Facebook CEO Mark Zuckerberg on Thursday outlined to employees a new set of principles to guide debates and conversations within Workplace … | Makena Kelly / The Verge: |
Twitter rolls out security features for high-profile political accounts, including enabling password reset protection and security prompts, ahead of US election — It's automatically turning on password reset protection — Twitter will start prompting high-profile political accounts … | Jack Brewster / Forbes: |
| Michael Steeber / 9to5Mac: |
Apple says it will open its online store in India on September 23 — Apple announced today that it plans to open its online store in India on September 23. The expansion will bring direct sales and an improved shopping experience to customers in the region for the first time.| Bloomberg: |
A look at the alliance of convenience between Facebook and Trump admin as sources say Zuckerberg told employees that Facebook is likely to fare better under GOP — In late 2019, during one of Mark Zuckerberg's many trips to Washington to defend Facebook in front of Congress … | Sara Fischer / Axios: |
Facebook launches Facebook Business Suite, which lets SMBs manage their pages and profiles across Facebook, Instagram, and Messenger from a single interface — Facebook on Thursday launched a new app named Facebook Business Suite that lets small businesses manage their pages and profiles across Facebook … | PYMNTS.com: |
Affirm, e-commerce point-of-sale lender, raises $500M Series G, bringing its total raised to $1.3B; in July, sources said Affirm was preparing for an IPO — Affirm, a San Francisco-based point-of-sale (POS), buy now, pay later (BNPL) lender, announced a $500 million series G round of funding Thursday … | Salvador Rodriguez / CNBC: |
Facebook says it will limit the spread of private groups focused on health advice and those with ties to violence, and will archive groups without admins — - Facebook announced new policies that will limit the spread of private groups on its social network that focus on giving users health advice … | Bloomberg: |
Sources: CFIUS sent letters to Epic, Riot, and other game companies asking for information about their data security protocols involving Tencent — - Cfius sent letters to gaming companies about data security — Move is part of heightened scrutiny on Chinese companies| Jay Peters / The Verge: |
Apple's iOS 14.2 developer beta adds Music Recognition feature in Control Center, using Shazam tech for song identification of audio in apps and the environment — iOS 14.2 can identify songs that are playing inside your apps — Apple bought music recognition app Shazam in 2018 … | Stephen Shankland / CNET: |
Mozilla says it is permanently shutting down Firefox Send after some users sent malware and conducted spear phishing attacks using the file-sharing service — Expanding beyond the Firefox browser to online services isn't simple. — Mozilla permanently shut down its Firefox Send service … | Mike Wheatley / SiliconANGLE: |
Data analytics company Sumo Logic's stock closed at $26.88 per share, up 22% from opening, raising more than $325M in its IPO and valuing the company at ~$2.2B — Shares of Sumo Logic Inc. jumped more than 20% when they hit the stock market Thursday after the cloud-based machine data analytics firm raised … | Eric Geller / Politico: |
US charges 3 alleged state-backed Iranian hackers with stealing sensitive info on aerospace and satellite tech from 2015-2019, detailing spear phishing attack — The hackers allegedly impersonated real U.S. citizens in the targeted industries. — A participant looks at lines of code … | David Jeans / Forbes: |
CEO of fraud detection startup NS8 arrested by the FBI on charges of misleading investors who invested $123M in his company, a deal in which he earned $17M+ — The CEO of a startup that sold fraud prevention software is facing fraud charges after he was arrested Thursday by the FBI in Las Vegas.| Mark Gardiner / New York Times: |
US auto insurers are using AI to generate nearly instantaneous repair claims, using only photos of the damage, with COVID-19 spurring on adoption — Using algorithms, tech companies are helping insurers speed up the process after an accident, make it more accurate and keep estimators out of the field — a plus during a pandemic.| Ari Levy / CNBC: |
Unity has priced its IPO at $52 per share, above the expected range, that would initially value the company at $13.7B — - Unity is selling shares at $52 a piece in its IPO, CNBC has confirmed. — The company raised its range on Wednesday to $44 to $48 from $34 to $42.| Catalin Cimpanu / ZDNet: |
Google updates Play Store rules banning stalkerware apps unless they include an “adequate notice or consent” and show a “persistent notification” — Ban is meaningless as Google leaves a giant loophole in the rules, allowing stalkerware devs to rebrand their apps as child trackers.| Jeff Grubb / VentureBeat: |
PS5 will launch on Nov. 12 in North America, Japan, Mexico, AU, and NZ for $500 for Blu-Ray version and $400 for Digital Edition and then elsewhere on Nov. 19 — Sony provided more details about the upcoming PlayStation 5. During a video event today, the company explained what you can expect in terms of a PS5 release date and price.| Lawrence Abrams / BleepingComputer: |
German media: a patient died after ransomware attack forced a hospital to send them elsewhere; hackers backed down after police told them target was a hospital — A person in a life-threatening condition passed away after being forced to go to a more distant hospital due to a ransomware attack.| Julia Fioretti / Bloomberg: |
Sources: JD Health, the online health care unit of JD.com, is planning to file for a Hong Kong IPO as soon as this month that could raise at least $1B — - JD.com's health unit is planning to raise at least $1 billion — Health care IPOs have boomed this year amid surging stocks
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| Dieter Bohn / The Verge: |