| Corin Faife / The Markup: |
After Facebook turned on political advertising for the Georgia election, partisan content elbowed out traditional news sites in users' news feeds — Ahead of crucial senate runoffs, Facebook reversed its political ad ban, and the impact was visible on users' feeds| Aislinn Keely / The Block: |
OCC says banks and savings associations can now run crypto nodes and use associated stablecoins for “permissible payment activities” — National banks and federal savings associations can use public blockchains and stablecoins for settlement, The Office of the Comptroller of the Currency … | Saniya More / The Block: |
Square says US FinCEN's proposed cryptocurrency regulation will inhibit widespread adoption of cryptocurrencies and hinder current law enforcement efforts — Square is the latest company to go public with its opposition to proposed rulemaking from the U.S. Financial Crimes Enforcement Network (FinCEN).| TechCrunch: |
Twitter has acquired social podcasting app Breaker and its team will join Twitter to help build Twitter Spaces; Breaker app will shut down on January 15 — Twitter has acquired social broadcasting app Breaker, the companies announced today via a combination of blog posts and tweets.| Tom Warren / The Verge: |
Leak shows Microsoft is working on One Outlook, a version of its Outlook app that will merge existing mail and calendar apps for desktops; release goal is 2022 — Designed to replace the built-in Windows 10 Mail app — Microsoft is testing a new Outlook app that will replace its built-in Mail and Calendar apps on Windows 10.| Rebecca Falconer / Axios: |
NYSE says it no longer plans to delist China Mobile, China Telecom, and China Unicom, but will continue to evaluate applicability of an US EO to the companies — The New York Stock Exchange announced late Monday it no longer plans to delist three Chinese companies.| Stephanie Chan / Sensor Tower Blog: |
Global consumer spending in mobile apps reached a record $111B, up 30.2% YoY, of which $72.3B was spent on the App Store and $38.6B on the Play Store — 2020 was a record-setting year for both mobile games and non-game apps, and consumer spending on Apple's App Store and Google Play soared … | Kif Leswing / CNBC: |
Qualcomm announces CEO Steve Mollenkopf is retiring and current president, Cristiano Amon, will take over on June 30 — - Qualcomm CEO Steve Mollenkopf is retiring this year, the company just announced. — The company has recently emerged from a thicket of challenges including business model scrutiny … | Yang Jie / Wall Street Journal: |
Beijing high court rules Amazon can't use its AWS logo in China, as it belongs to a Chinese software company, and must pay compensation, a setback for Amazon — The AWS trademark belongs to a Chinese software services company, Beijing's high court rules — Amazon. com Inc. can't use … | Megan Rose Dickey / TechCrunch: |
A group of over 200 Google and Alphabet workers have announced their plan to form a union, open to both employees and contractors — A group of more than 200 Google and Alphabet workers have announced the formation of the Alphabet Workers Union, The New York Times first reported.| Archana Chaudhary / Bloomberg: |
Study: internet shutdowns cost India $2.8B in 2020, more than double the losses in 2019, and they accounted for about 75% of the $4B lost worldwide — - Lack of internet access cost $4 billion globally, study says — Blocking web access coincided with protests, freedom curbs| Yoolim Lee / Bloomberg: |
Sources: Indonesia's Gojek is in advanced talks for a merger with local e-commerce giant PT Tokopedia; the combined entity would be valued over $18B — - The deal would combine Indonesia's two most valuable startups — Discussions with Grab hit impasse over question of control
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| Eileen Yu / ZDNet: |
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