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July 26, 2021, 3:10 PM
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memeorandum
WeSmirchTop News
| 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| Financial Times: |
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BBC, Bloomberg, Bloomberg, and Bloomberg
Tweets: @benpatrickwill, @primroseriordan, @ngkabra, @benpatrickwill, @luluyilun, @danmcohen, @luluyilun, @carnage4life, @guptpiy, and @wolfiezhao
| Noah Smith / Noahpinion: |
More:
Bloomberg, Tech in Asia, Bloomberg, and Reuters
Tweets: @ruima, @ruima, @ruima, @ruima, @ruima, @gavinsbaker, @ruima, @mosharrafzaidi, @gavinsbaker, @ruima, @ruima, @mhdempsey, @prasannavishy, @ruima, @aja_cortes, @noahpinion, @noahpinion, and @davidinglestv
| Bloomberg: |
Sources: DOJ is probing whether Tether execs committed bank fraud in its early stages; Tethers in circulation are worth ~$62B, underpin >50% of bitcoin trades — - Tether says it's committed to cooperating with law enforcement — A U.S. probe into Tether is homing in on whether executives behind …
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CoinDesk, PYMNTS.com, Forbes, Crypto Briefing, BTC Times, Coinspeaker, BitcoinExchangeGuide, The Block, Bitcoinist.com, Crowdfund Insider, and Cryptonews
Tweets: @carlquintanilla, @mrbenlilly, @ldrogen, @bennetttomlin, @zguz, @ivanthek, and @mdudas
| Erin Woo / New York Times: |
QR codes, which took off in the US amid the pandemic in restaurants and retail, are here to stay, adding convenience but also privacy concerns — Fueled by a desire for touchless transactions, QR codes popped up everywhere in the pandemic. Businesses don't want to give them up.
More:
Reclaim The Net. Tweets: @meowtree, @kateconger, @erinkwoo, @steven_aquino, @martinsfp, @ktdayg, @tonyromm, @nytimesbusiness, and @foxcahn
| 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, The Overspill, Washington Post, Security Boulevard, and fossbytes.com
Tweets: @craignewmark, @selectedwisdom, @cherijacobus, @xpatriciah, @juliadavisnews, @max_fisher, @gladstein, @lon_s_j, @mikeelgan, @chessninja, @anneapplebaum, @peterjukes, @redsteeze, @steveschmidtses, @steveschmidtses, @candacemhill, @davidbegnaud, @peterhotez, @jeanburgess, @bostonjoan, @mattocko, @jason_kint, and @rashadrobinson
| 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) …
More:
The Verge, Windows Central, Insider, GIFCT, and Reclaim The Net
Tweets: @dnvolz, @eculliford, @gifct_official, and @erinsaltman
| 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.| 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.
More:
Binance, Protos, Decrypt, Coinspeaker, Crypto Briefing, Bloomberg, CoinDesk, Silicon Republic, Cryptonews, Crowdfund Insider, Cointelegraph, and Forkast
| Theo Wayt / New York Post: |
Now-deleted job listings suggest Citizen is paying people in NYC and LA up to $250 per ten-hour shift to livestream 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.
More:
Input and Insider
Tweets: @theo_wayt, @j__liang, @bigblackjacobin, @theo_wayt, @hypervisible, @jeanmarieevelly, @erinmdurkin, @lachlan, @goodnycmayor, @harrysiegel, @ryanlawler, and @pt
| Todd Feathers / VICE: |
A look at ShotSpotter, which uses sensors to “detect gunshots”, as court filings suggest it frequently alters evidence at the request of police departments — Prosecutors in Chicago are being forced to withdraw evidence generated by the technology, which led to the police killing … | 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.| Foo Yun Chee / Reuters: |
EU gives Google two months to improve the way it presents search results for flights and hotels, and explain how it ranks such results, or face sanctions — Alphabet unit Google (GOOGL.O) has two months to improve the way it presents internet search results for flights and hotels and explain …
More:
HotHardware.com News, PYMNTS.com, AppleInsider, Neowin, and New York Post
| Reuters: |
Medallia, which offers customer experience management tools, says PE firm Thoma Bravo will take the company private for $6.4B, after going public in 2019 — Enterprise software firm Medallia Inc (MDLA.N) said on Monday private equity firm Thoma Bravo would take the company private for $6.4 billion in cash.| Nico Grant / Bloomberg: |
Profile of Google Cloud boss Thomas Kurian, an Oracle veteran who oversees 37,000 employees and has focused on improving Google's sales teams — Google Cloud employees were baffled when they learned that their next boss would be Thomas Kurian, an executive who struggled …
Tweets: @business, @nicoagrant, @nicoagrant, @nicoagrant, @benwolfson10, and @nicoagrant
| 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 … Sponsor Posts
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