| Stephanie Chan / Sensor Tower Blog: |
Consumers worldwide spent $407.6M across the App Store and Google Play on Christmas, up 34.5% YoY; mobile games rose 27% YoY to $295.6M, led by Honor of Kings — 2020 has been a record-setting year for worldwide spending on mobile apps and games, which passed $100 billion in a single year for the first time ever in November.| Flurry: |
Survey: US smartphone activations on Christmas Day fell 23% YoY as iPhones dominated the top 10 activated smartphones and budget devices, like LG K30, surged — Christmas day in the United States is the single greatest day for new smartphone activations. And despite supply chain delays caused … | Christopher Palmeri / Bloomberg: |
| Nathaniel Popper / New York Times: |
Analysis of internal data at Coinbase through 2018 highlights pay inequity for women and Black employees; Coinbase says it implemented a new compensation plan — An analysis of internal pay data at the San Francisco company Coinbase shows disparities that were much larger than those in the tech industry.| Sarah Perez / TechCrunch: |
Google is testing an expansion of its “Short Videos” feature at the top of mobile search that will surface TikTok and Instagram videos in a dedicated carousel — Google is testing a new feature that will surface Instagram and TikTok videos in their own dedicated carousel … | Reed Albergotti / Washington Post: |
Federal judge dismisses Apple's claims that mobile device virtualization company Corellium violated copyright law with its software to run iOS on PCs — Corellium helps customers find bugs in Apple's mobile operating system. Apple aimed to shut it down. — Corellium, a security research firm sued … | Kevin Helms / Bitcoin News: |
New York regulators have authorized a subsidiary of Japan's GMO Internet to issue the world's first publicly available stablecoin backed by the Japanese yen — The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins.| Emily Birnbaum / Protocol: |
Senate Majority Leader Mitch McConnell is tying the fate of $2,000 stimulus checks to the repeal of Section 230 — Senate Majority Leader Mitch McConnell is tying the fate of $2,000 stimulus checks to the repeal of Section 230, an effort that will likely doom both pieces of legislation in the Senate.| Rohit Prasad / Fast Company: |
The head scientist for Alexa argues that Turing Test, designed as a thought experiment, is no longer relevant for building AIs that are designed to help humans — This year marks 70 years since Alan Turing published his paper introducing the concept of the Turing Test in response to the question, “Can machines think?”| Jaewon Kang / Wall Street Journal: |
Some US supermarkets say they aren't making money through Instacart due to the service's 10% commission on each order — Some supermarkets plan to stick with delivery service despite fees; Instacart says it lets grocers expand e-commerce without building their own infrastructure| CoinDesk: |
Coinbase says it will suspend trading of XRP on January 19, 2021, following the SEC's suit against Ripple — Coinbase said it will suspend trading of XRP, the cryptocurrency the U.S. Securities and Exchange Commission claimed last week is really a security.| Jason Del Rey / Vox: |
eMarketer: US e-commerce sales, up 12%-16% in recent years, will have grown by 30%+ in 2020 and Amazon's US retail business grew an estimated 39% YoY in 2020 — When we look back at 2020 in the business world, we'll remember it as the year online shopping stopped being the future of retail and became the present.| Golan Hazani / CTech: |
Sources: SimilarWeb is planning a Nasdaq IPO in Q2 2021, aiming for a $2B+ valuation; the company has raised $240M in total, including $120M in October — The market intelligence company joins list of Israeli firms set to embark on a U.S. IPO in the coming months which already includes eToro …
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| Svea Herbst-Bayliss / Reuters: |
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| Reed Albergotti / Washington Post: |
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| David Shepardson / Reuters: |