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July 26, 2021, 1:50 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
More:
South China Morning Post, Bloomberg, The Economic Times, Wall Street Journal, Reuters, and Livemint
Tweets: @tracyalloway, @therealjoshye, @davidinglestv, @saxena_puru, @bigblackjacobin, @lib_crusher, and @armchairdude
| 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 …
More:
BBC, Bloomberg, Bloomberg, and Bloomberg
Tweets: @benpatrickwill, @primroseriordan, @benpatrickwill, @ngkabra, @luluyilun, @luluyilun, @danmcohen, @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
| Erin Woo / New York Times: |
As QR codes proliferate among hospitality and retail businesses due to the pandemic, privacy experts warn of businesses tracking customers and spending patterns — Fueled by a desire for touchless transactions, QR codes popped up everywhere in the pandemic. Businesses don't want to give them up.
Tweets: @steven_aquino, @ktdayg, @martinsfp, @tonyromm, @nytimesbusiness, and @foxcahn
| 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 …
More:
PYMNTS.com, Forbes, The Block, Crypto Briefing, BTC Times, Coinspeaker, Bitcoinist.com, BitcoinExchangeGuide, Crowdfund Insider, and Cryptonews
Tweets: @carlquintanilla, @ldrogen, @mrbenlilly, @bennetttomlin, @zguz, @ivanthek, and @mdudas
| 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, @chessninja, @cherijacobus, @xpatriciah, @juliadavisnews, @anneapplebaum, @max_fisher, @gladstein, @lon_s_j, @mikeelgan, @peterjukes, @redsteeze, @steveschmidtses, @steveschmidtses, @candacemhill, @davidbegnaud, @peterhotez, @jeanburgess, @bostonjoan, @mattocko, @jason_kint, 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.
More:
Binance, Protos, Silicon Republic, Bloomberg, Decrypt, Forkast, Coinspeaker, Crypto Briefing, Bitcoin News, CoinDesk, Cryptonews, and Crowdfund Insider
| 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) … | 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.| 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.| 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, @bigblackjacobin, @harrysiegel, @lachlan, @theo_wayt, @hypervisible, @jeanmarieevelly, @erinmdurkin, @goodnycmayor, @ryanlawler, and @pt
| 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:
PYMNTS.com, AppleInsider, Neowin, and New York Post
| Mike Wheatley / SiliconANGLE: |
Box rolls out Box Sign, which lets users electronically sign contracts and request signatures, following its $55M acquisition of SignRequest earlier this year — Box Inc. is building out its content cloud with the addition of an important new capability. — The company said today it's rolling … | 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 … | 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
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Zoho:
Build vs Buy Embedded Analytics: The Decision That Defines Your Product Roadmap — Every SaaS product team eventually hits the analytics wall. Your customers want insights inside your app. Your roadmap has no room to spare.
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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
The Talk Show With John Gruber:
'Apple at 50', With John Siracusa
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
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Big Technology Podcast:
OpenAI President Greg Brockman: AI Self-Improvement, The Superapp Bet, Path To AGI, Scaling Compute
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Channels with Peter Kafka:
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Cheeky Pint:
Compliance at scale and why TAM is a distraction with Christina Cacioppo of Vanta
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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