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November 3, 2020, 3:00 PM
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| 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, Bloomberg, TechCrunch, CNN, TechCrunch, Fortune, Bloomberg, Financial Times, FinLedger, Protocol, Reuters, BBC, CNN, PYMNTS.com, Nikkei Asia, Quartz, Investor's Business Daily, PaymentsSource, caixinglobal.com, PingWest, WRAL TechWire, Bloomberg, Crowdfund Insider, Forbes, Tech Xplore, coinspeaker.com, South China Morning Post, and Fast Company
Tweets: @lexnfx, @chandrarsrikant, @epsilontheory, @chinaresearchgp, @dee_bosa, @shamikaravi, @peterfrankopan, @ryan_chua, and @sub8u
| 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
| 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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Tweets: @janelytv, @twittersupport, @ddale8, @twittersupport, @twittersupport, @davidakaye, @justinhendrix, @iheartmindy, @senatorshoshana, @kreissdaniel, @repwexton, @shannonpareil, @goangelo, @janelytv, @alexeheath, @afp, @marklevinshow, @carolecadwalla, @alexeheath, @twittersupport, @fridaghitis, @alexisohanian, @digiphile, @richlightshed, @adrjeffries, @dlberes, @whotargetsme, and @ghoshd7
| 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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| 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
| 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.| 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 … | 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
| 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
| Omkar Godbole / CoinDesk: |
Glassnode: Ethereum users paid $57.5M in transaction fees in October, down from September's record of $166.4M, amid a drop in the volume of DeFi transactions — Miners' income from processing transactions on the Ethereum blockchain more than halved in October as the mania for decentralized finance (DeFi) cooled.
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Decrypt
| Jemima Kelly / Financial Times: |
Monzo and Revolut, which have struggled during the pandemic, have faced a barrage of complaints in recent months from customers who've had their accounts frozen — There comes a time in your life that you realise that some of the friends you used to consider good friends aren't actually your true friends.| Juli Clover / MacRumors: |
Apple announces November 10 event where Apple Silicon Macs are expected to debut; invites are titled “One more thing.” — Apple today announced a third fall 2020 event, which is set to be held on Tuesday, November 10 at 10:00 a.m. on the Apple Park campus in Cupertino, California.
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Tweets: @ianmurren, @jamesthomson, @gruber, @neilcybart, @ijustine, @brentsimmons, @zeenewsenglish, @mathowie, @shanselman, @mgsiegler, @jbenton, @ryansmithat, @rsgnl, @tomwarren, @mkbhd, and @stshank
| Bloomberg: |
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Ars Technica, Gizmodo, 9to5Mac, Trusted Reviews, TechRadar, Thurrott, The Verge, iMore, iDownloadBlog.com, Liliputing, International Business Times, Neowin, Redmond Pie, BGR, Tom's Guide, MSPoweruser, Mashable, Pocket-lint, Appleosophy, Fossbytes, Pocketnow, iPhone Hacks, Firstpost Tech, Wccftech, iMore, Engadget, SlashGear, Macworld, AppleInsider, TidBITS, MacRumors, MacDailyNews, Computerworld, Android Authority, Patently Apple, Input, and iPhone in Canada Blog
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Anthropic's quest to study the negative effects of AI is under pressure
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