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July 26, 2021, 9:25 AM
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| Bloomberg: |
China issues regulations for food delivery platforms, mandating minimum wage, respect for worker rights, and more, leading to Meituan shares dropping by 14%+ — - It extended losses after Beijing issued food platform curbs — Meituan is grappling with a broader antitrust investigation
More:
Bloomberg, South China Morning Post, Reuters, and Livemint
Tweets: @tracyalloway, @armchairdude, @lib_crusher, @saxena_puru, and @davidinglestv
| Financial Times: |
China's edtech overhaul could eliminate foreign investors from the sector and wipe out billions invested by Sequoia, Tiger, Tencent, and SoftBank's Vision Fund — Tutoring businesses feared ‘virtually uninvestable’ under plans to curb private capital — China's sweeping overhaul …
Tweets: @benpatrickwill and @primroseriordan
| Bloomberg: |
More:
Bloomberg, Bloomberg, Bloomberg, Tech in Asia, Reuters, and Forbes
Tweets: @luluyilun, @andrewbatson, @wolfiezhao, @willrocklin, @davidinglestv, @danmcohen, @carnage4life, @guptpiy, @benpatrickwill, @ngkabra, and @luluyilun
| Noah Smith / Noahpinion: |
More:
Bloomberg and ABC
Tweets: @ruima, @ruima, @ruima, @ruima, @ruima, @noahpinion, @aja_cortes, @prasannavishy, @noahpinion, and @mosharrafzaidi
| Max Fisher / New York Times: |
Analysts and US officials say the disinformation-for-hire industry is booming, as influencers get approached by back-alley firms to spread falsehoods — Back-alley firms meddle in elections and promote falsehoods on behalf of clients who can claim deniability, escalating our era of unreality.
More:
BBC, Slashdot, Washington Post, and The Overspill
Tweets: @max_fisher, @craignewmark, @davidbegnaud, @juliadavisnews, @jeanburgess, @redsteeze, @jason_kint, @selectedwisdom, @chessninja, @anneapplebaum, @peterhotez, @cherijacobus, @steveschmidtses, @gladstein, @lon_s_j, @candacemhill, @steveschmidtses, @bostonjoan, @mattocko, @xpatriciah, @peterjukes, and @rashadrobinson
| New York Times: |
FTX and Binance will curb highly leveraged cryptocurrency trading, a practice that can vastly multiply losses; FTX offered 101x leverage, now down to 20x — The moves would reduce the size of the bets that investors can make by drastically cutting the maximum leverage offered.| Abner Li / 9to5Google: |
Ex-Google employee recounts how Google abandoned a redesign attempt of Chrome on Android, which was similar to iOS 15's Safari, with the URL bar at the bottom — Apple's mobile web browser is the main lightning rod of this year's iOS 15 beta period and it remains to be seen whether it will actually launch in the fall.| Elizabeth Dias / New York Times: |
As part of its expanded outreach to US churches, Facebook is offering subscription tools for exclusive content and donation tools during live streams — The company is intensifying formal partnerships with faith groups across the United States and shaping the future of religious experience.| John Newman / ProMarket: |
A look at some of the metrics that FTC can use to define Facebook's alleged monopoly in its refiled antitrust suit, including time on-site and “active users” — Despite some compelling allegations, a federal judge dismissed the FTC's antitrust complaint against Facebook due … | Elizabeth Culliford / Reuters: |
Facebook, Twitter, Microsoft, YouTube, and others will now add content from white supremacist and far-right militias to a key counterterrorism database — A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook (FB.O) and Microsoft (MSFT.O) … | Roger McNamee / Wired: |
Biden has to play hardball with platforms like Facebook that amplify disinformation in order to prioritize Americans' wellbeing over Big Tech's whims — The president needs to prioritize Americans' wellbeing over Big Tech's whims to begin a path to restoring democracy, privacy, and competition.
Tweets: @repdesaulnier, @jason_kint, and @jason_kint
| Saritha Rai / Bloomberg: |
Byju's says it will acquire Singapore-based professional training and higher education service Great Learning for $600M in cash and stock — - India's online learning pioneer adds higher-education content — Singapore's Great Learning works with universities globally
More:
Tech in Asia, The Economic Times, and DealStreetAsia
| Theo Wayt / New York Post: |
Now-deleted job listings suggest Citizen is paying people in NYC and LA up to $250 for a ten-hour shift live streaming crime scenes and other emergencies — Want to make $200 a day in New York City? Rush to the scene of a murder, a three-alarm fire or a traffic accident — then pull out your phone and start shooting.| Bloomberg: |
Sources: Indonesia's GoTo, created by the Gojek and PT Tokopedia merger, is in talks to raise $1B-$2B at a $25B-$30B valuation, as it plans an IPO — - Merged entity of Gojek and Tokopedia is seeking dual listing — Funding round could value the firm as high as $30 billion
More:
Tech in Asia
Sponsor Posts
Command Line:
Bringing local models and sandboxed tools to Windows and GitHub Copilot — GitHub Copilot will soon determine when a task is best handled by on-device AI and when it needs cloud-scale models.
Bringing local models and sandboxed tools to Windows and GitHub Copilot — GitHub Copilot will soon determine when a task is best handled by on-device AI and when it needs cloud-scale models.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
Zoho Books now supports CT600 & Final Accounts Filing as an add-on in the FREE plan — Managing end-of-year filing for limited companies in the UK is often expensive and multi-layered.
Zoho Books now supports CT600 & Final Accounts Filing as an add-on in the FREE plan — Managing end-of-year filing for limited companies in the UK is often expensive and multi-layered.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Sources:
Qualcomm's CEO on the coming AI phone supercycle
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
The Upstarts Podcast:
Bringing Back Mammoths And Building Noah's Ark 2.0 | Colossal's Ben Lamm
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Great Chat:
The launch industrial complex
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
Can AI Keep Growing Exponentially? Let's Ask SemiAnalysis — With Dylan Patel and Jordan Nanos
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Larry Ellison's Media Ambitions & Kevin Roose on AI's Biggest Gamble
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Training Data:
Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
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| Stephanie Kirchgaessner / The Guardian: |