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October 8, 2020, 11:15 AM
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Top News

Elizabeth Dwoskin / Washington Post:
Facebook says it will temporarily suspend political ads after US polls close on Nov. 3 and will remove calls for poll watching that use “militarized” language  —  The move is intended to limit confusion and misinformation on the platform, the social media company says
Yogita Khatri / The Block:
Square purchases $50M worth of bitcoin, becoming the second publicly listed company after MicroStrategy to invest in the cryptocurrency  —  Revolut, the London-based fintech firm, has enlisted crypto security firm Fireblocks to lay the foundations for new crypto products.
Sherisse Pham / CNN:
Samsung says it expects to make an operating profit of $10.6B in the July-September quarter, up 58% YoY, and sales of $7B, up 6% in its earnings guidance  —  Hong Kong (CNN Business)Samsung (SSNLF) predicts its profit jumped nearly 60% last quarter, suggesting it could soon retake its position …
David Gilbert / VICE:
An ISP took down the website for the group calling itself The Real Facebook Oversight Board after Facebook complained that the site was involved in phishing  —  “Nothing says ‘free speech’ quite as much as a multi-billion dollar corporation with a global monopoly getting its critics shut down."
Kartikay Mehrotra / Bloomberg:
US seizes 92 websites it said were used by Iran to spread disinformation, including four domains disguised as genuine news outlets based in the US  —  - Four of the domains were fake news sites targeting Americans  —  The U.S. Justice Department seized 92 websites it said were used …
Steve Kovach / CNBC:
Following the House's antitrust report, an overview of how Democrats and Republicans view regulation and the common ground between them, like more FTC funding  —  - The House Subcommittee on Antirust released its report on Apple, Amazon, Facebook and Google, building a case for why each company has monopoly power.
Ben Thompson / Stratechery:
The details of House's antitrust report matter less than the fact it exists, signaling an intent to challenge Big Tech's power, although how remains to be seen
Juli Clover / MacRumors:
Apple says it “vehemently disagrees” with the conclusions reached in US House report and doesn't have dominant marketshare in any categories of its businesses
Taylor Lorenz / New York Times:
Triller, a TikTok competitor that sees being American as its greatest asset, is tempting TikTok stars with cash, fancy cars, creator mansions, and more  —  TikTok's top creators are taking “Triller money” to bring their content over to the app.  —  When talk of a possible TikTok ban began in July …
Nikkei Asia:
Inside the US campaign to cut China out of supply chains, which already pressured companies like Apple to look at moving 15% to 30% of output out of the country  —  Apple, Google and others shift production to prepare for ‘decoupled’ global market  —  It was a hot summer morning in Taipei …
Ryan Gallagher / Bloomberg:
Sources: US-based Sandvine, which canceled its deal with Belarus after criticism, supplies tech to censor the internet in over a dozen countries  —  Company recently abandoned business in Belarus, but its equipment was used in other nations to block online information
Hanna Ziady / CNN:
Web Summit, Europe's largest technology conference, which had 70K+ attendees last year, will be held entirely online this year in December  —  London (CNN Business)Europe's largest technology conference will be held entirely online this year, as the coronavirus pandemic forces scores of major events to go digital.
Tucker Higgins / CNBC:
A look at the scrutiny Google and Oracle faced from Supreme Court justices during the companies' arguments Wednesday, where no clear winner emerged  —  - Things got technical at the Supreme Court as the justices heard arguments from Google and Oracle in a blockbuster copyright dispute that has captivated Silicon Valley for a decade.
Jay Peters / The Verge:
Google announces security features, including cross-app alerts for account security issues, coming first to iOS, and Assistant guest mode for some Nest devices  —  They're rolling out on a limited basis in the coming weeks  —  Google is announcing a few security-related updates today …
Gilad Edelman / Wired:
A group of tech companies, publishers, and advocates unveil Global Privacy Standard, to let users opt out of the sale of personal data at the browser level  —  California's privacy law says businesses must respect universal opt-outs.  Now the technology finally exists to put that to the test.
Manish Singh / TechCrunch:
Amazon has filed a legal notice against Future Group, India's second largest retail chain, for selling a large portion of its business to Reliance Retail  —  Amazon has sent a legal notice to Future Group, India's second largest retail chain, for breaching the terms of its contract by selling …

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From Mediagazer

Sara Fischer / Axios:
Bari Weiss announces a slate of new CBS News contributors, including pundit Mark Hyman and existing Free Press writer and conservative historian Niall Ferguson

The Detroit News:
USA Today Co., which owns the Detroit Free Press, plans to acquire The Detroit News from MediaNews Group and continue to publish it separately

Natalie Korach / Status:
Sources: WaPo is laying off up to 300 employees, including over 100 staffers in the sports, metro, and foreign teams; the sports desk may be shuttered entirely

More News

Monica Chin / The Verge:
Seven months into the pandemic, US rural districts are still scrambling to accommodate all pupils, as they lack the necessary infrastructure for remote learning
Logan Moore / Wall Street Journal:
Dispo, a camera app which makes users wait until the next morning for photos to “fully develop”, raises $4M led by Alexis Ohanian's new fund Seven Seven Six
The Information:
Documents show that Airbnb burned $1.2B between mid-2019 and mid-2020, with the biggest portion of cash burn in Q1 2020 as it issued refunds amid COVID-19
Theodore Schleifer / Vox:
Almost 2,000 US election offices have applied for Mark Zuckerberg and Priscilla Chan's $250M gift for election infrastructure; grants ranged from $5,000 to $15M

Earlier Picks

Bloomberg:
Sources: Trump administration is exploring restrictions on Ant Group and Tencent's payments platforms, although a final decision isn't imminent
Tom Warren / The Verge:
Sony publishes a full PS5 teardown, revealing removable sides, dust catchers, storage expansion, and more
New York Times:
Trump administration announces changes to the H-1B visa program, substantially raising the wages companies must pay and narrowing the eligibility criteria
Izabella Kaminska / Financial Times:
UK ICO publishes three-year investigation into Cambridge Analytica, finding no evidence that CA or associate company SCL misused data to influence Brexit vote
The Guardian:
Facebook's QAnon ban left some high-profile Australians who are linked to the conspiracy theory untouched because the ban does not extend to individual profiles
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