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November 3, 2020, 3:50 PM
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memeorandum
WeSmirchTop News
| New York Times: |
Ant Group says its IPO has been suspended in both Shanghai and Hong Kong, after regulators summoned Jack Ma and other executives of the company — The Shanghai Stock Exchange postponed the offering one day after regulators summoned Jack Ma and other executives of the financial technology giant.
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Financial Times, Wall Street Journal, CNBC, TechCrunch, Bloomberg, CNN, TechCrunch, Fortune, Bloomberg, Protocol, FinLedger, Financial Times, TechNode, Reuters, CNN, BBC, Nikkei Asia, Quartz, PaymentsSource, PYMNTS.com, caixinglobal.com, PingWest, WRAL TechWire, Bloomberg, Crowdfund Insider, Forbes, coinspeaker.com, South China Morning Post, Investor's Business Daily, Tech Xplore, and Fast Company
Tweets: @financialtimes, @chandrarsrikant, @epsilontheory, @chinaresearchgp, @dee_bosa, @shamikaravi, @peterfrankopan, @ryan_chua, @sub8u, and @lexnfx
| Issie Lapowsky / Protocol: |
Some Instagram users see a banner that says Election Day is tomorrow, not today; FB blames a bug, says a “small group” is affected but does not clarify how many — On Election Day, a subset of Instagram users woke up to a message at the top of their Instagram feeds that read, “Tomorrow is Election Day.”| Jack Nicas / New York Times: |
Study: YouTube's recent efforts to reduce recommendations of misinfo from fringe channels worked, but Fox News is now the most recommended for election videos — To battle false information, YouTube cut its recommendations to fringe channels and instead promoted major networks, especially Fox News.| New York Times: |
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Ars Technica, CNET, Financial Times, Axios, The Markup, The Verge, CNN, The Markup, Reuters, CNBC, USA Today, MIT Technology Review, Gizmodo Australia, Washington Post, Los Angeles Times, Wall Street Journal, Wired, TechCrunch, Gizmodo, Platformer, Newsbusters, VICE, MakeUseOf, Android Headlines, Forbes, Vox, TechCrunch, Yahoo News, OneZero , The Daily Dot, and Mashable
Tweets: @janelytv, @twittersupport, @ddale8, @axios, @twittersupport, @twittersupport, @davidakaye, @iheartmindy, @justinhendrix, @senatorshoshana, @kreissdaniel, @repwexton, @shannonpareil, @goangelo, @janelytv, @alexeheath, @afp, @marklevinshow, @carolecadwalla, @alexeheath, @fridaghitis, @twittersupport, @alexisohanian, @digiphile, @richlightshed, @adrjeffries, @dlberes, @whotargetsme, and @ghoshd7
| BuzzFeed News: |
Internal Facebook survey shows only 51% believe Facebook was having a positive impact in the world, down 23% from May and down 5.5% from last year — Less than 24 hours before a historic US presidential election day, Nick Clegg, Facebook's vice president of global affairs and communications …
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Tubefilter, Social Media Today, Slashdot, Business Insider, Input, International Business Times, and Wall Street Journal
Tweets: @joelcifer, @johnpaczkowski, @quinnypig, @dontbenebby, and @farah_pandith
| Bloomberg: |
Sources: Indonesian online marketplace Bukalapak raises $100M from Microsoft and others at a $2.5B-$3B valuation; Microsoft says it has partnered with Bukalapak — - Existing backers GIC and Emtek Group are also joining funding — Microsoft says in a statement it'll make strategic investment
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Microsoft, PYMNTS.com, MSPoweruser, Tech in Asia, Nikkei Asia, Reuters, and DealStreetAsia. Tweets: @sehaj23
| Sarah Perez / TechCrunch: |
PayPal CEO says that, by end of H1 2021 starting in US, users will be able to pay with cryptocurrency at 28M PayPal merchants without any new “incremental fees” — PayPal this week laid out its vision for the future of its digital wallet platform and its PayPal and Venmo apps.| Natalie Gagliordi / ZDNet: |
PayPal reports Q3 revenue of $5.46B, up 25% YoY, as it adds 15.2M net new active accounts; Venmo's total processed payment volume rises 61% YoY to $44B — PayPal said it processed a record-setting $247 billion in total payment volume during the quarter. — PayPal on Monday delivered …
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PayPal, Fortune, TechCrunch, TechSpot, InsideBitcoins.com, coinspeaker.com, Barron's Online, Reuters, MarketWatch, PaymentsSource, Silicon Valley Business …, TheStreet, and Bloomberg. Tweets: @tmfjmo
| Ashley Carman / The Verge: |
Snapchat now lets creators display their subscriber counts, the first time Snapchat has given users any public-facing metric of their audience or followers — Great for brand deals — Snapchat is now allowing creators to publicize how many subscribers they have.| Washington Post: |
Court docs reveal that a previously undisclosed facial recognition system called NCRFRILS was used to identify a Lafayette Square protester accused of assault — A line of U.S. Park Police officers pushed protesters back from Lafayette Square on June 1, firing pepper balls …
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Input, Gizmodo, Gizmodo Australia, and Business Insider
Tweets: @hsu_spencer, @jameeljaffer, and @geminibros
| Meredith Whittaker / The Boston Globe: |
People who are most affected by AI decision-making should be allowed to play a central role in shaping conversations about algorithmic governance and regulation — The people who bear the risks of algorithmic systems should get to determine whether — and how — they're used.
Tweets: @johnkoetsier, @maria_axente, and @fabiochiusi
| Sarah Nassauer / Wall Street Journal: |
Walmart ends plans to use Bossa Nova robots to scan shelves, sources say after concerns about shoppers' reactions and seeing similar results from human workers — Retailer ends contract with robotics company after seeing similar results from workers grabbing online orders during pandemic
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Business Insider, Digital Trends, CNBC, USA Today, TechCrunch, Engadget, KnowTechie, International Business Times, TheStreet, Input, TechSpot, VentureBeat, ComputerWeekly.com, The Verge, Gizmodo, WRAL TechWire, Newser, Bloomberg, Silicon Valley Business …, SlashGear, The Logic, New York Post, The Robot Report, PYMNTS.com, Reuters, Dave Lee, and Slashdot
Tweets: @hypervisible, @smulpuru, @sandeepdadlani, @chr1sa, @fernandesglobe, @eliotwb, @sarahnassauer, @philwahba, @mcwm, and @eringriffith
| Danny Nelson / CoinDesk: |
SEC increases the limit dictating how much capital companies can raise before registering, a move that could result in a boon for security token offerings — The U.S. Securities and Exchange Commission (SEC) has increased limits dictating how much capital companies can raise before registering …
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U.S. Securities …, Decrypt, coinspeaker.com, Wall Street Journal, Crypto Briefing, and Crunchbase News
Tweets: @aarondayatlas, @jacksonwoodhq, @brucefenton, and @el33th4xor
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The Upstarts Podcast:
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Hard Fork:
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