Techmeme
October 21, 2020, 3:55 PM

Top News

Anna Irrera / Reuters:
PayPal will let users buy and sell cryptocurrency using its online wallets in the coming weeks and shop at merchants on its network starting in early 2021  —  LONDON (Reuters) - PayPal Holdings Inc joined the cryptocurrency market on Wednesday, allowing customers to buy …
Benjamin Mullin / Wall Street Journal:
Sources: Quibi is shutting down following lower-than-expected viewership, disappointing download numbers, and a lawsuit; the startup raised $1.75B  —  Streaming service faced lower-than-expected viewership, disappointing download numbers and a lawsuit  —  Quibi Holdings LLC is is shutting itself down …
The Information:
Sources: Jeffrey Katzenberg tried to sell Quibi's catalog to NBCUniversal and Facebook, but both passed  —  Jeffrey Katzenberg may be nearing the end of the road with his mobile video streaming service Quibi.  He recently tried to sell its catalog of programming to companies such as NBCUniversal and Facebook.
Ben Thompson / Stratechery:
DOJ's lawsuit against Google is appropriately narrow, focusing on search and providing a template for Congressional action against Big Tech even if it fails  —  Manage your Stratechery subscription.  —  So it finally happened: the U.S. Department of Justice has filed a lawsuit against Google …
Steve Lohr / New York Times:
DOJ's case against Google relies on proving restrictive contracts protected its dominant position, a similar move to the antitrust case against Microsoft  —  The Justice Department's antitrust case points to restrictive contracts, a focus that a professor said “is as old as the Sherman Act.”
Karl Bode / Techdirt:
Mark Gurman / Bloomberg:
Wall Street Journal:
Dieter Bohn / The Verge:
iPad Air (2020) review: has an excellent screen, very fast processor, and is compatible with iPad Pro accessories, but it's expensive and has no 128GB option  —  Despite the higher cost, this iPad is the one to get  —  If you're looking to get an iPad right now and can afford it …
Jack Nicas / New York Times:
Report: at least 2,000 US law enforcement agencies, including 49 of the 50 largest police departments, have the tools to access locked, encrypted phones  —  At least 2,000 law enforcement agencies have tools to get into encrypted smartphones, according to new research, and they are using them far more than previously known.
Ina Fried / Axios:
Over 430,000 viewers tuned in simultaneously to watch Rep. Alexia Ocasio-Cortez play Among Us on Twitch, the third highest ever for an individual Twitch stream  —  More than 430,000 people tuned in simultaneously to Twitch on Tuesday night to watch Rep. Alexia Ocasio-Cortez (D-NY) …
Janko Roettgers / Protocol:
Netflix plans to test a 48-hour free weekend in India, dubbed StreamFest and scheduled for Dec. 4, and may bring the promotion to other countries later  —  Netflix is looking to promote its service with a 48-hour free streaming event, confirmed COO Greg Peters during the company's Q3 2020 earnings call Tuesday afternoon.
Kurt Wagner / Bloomberg:
Facebook confirms it is testing a feature for users to connect with their neighbors, as rival Nextdoor considers options for going public  —  - Product for local connections is being tested in Canada now  — Nextdoor is considering options, including a public offering
Bloomberg:
Sources: Chinese tech companies including Huawei have expressed strong concerns to local regulators about Nvidia's proposed acquisition of Arm  —  - China is unlikely to grant its unconditional blessing  — Arm may become another flashpoint in the U.S.-China tech war
More: Wccftech
Mariella Moon / Engadget:
Dropbox launches a shared family plan with 2TB for up to six people for $17 per month  —  Dropbox is giving families and groups of friends the option to team up and get Plus perks for less than the price of two accounts.  The service's Family plan is now available for $17 a month and gives …

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Earlier Picks

Anna Wiener / New Yorker:
Jake Tapper / CNN:
Salvador Rodriguez / CNBC: