| Bloomberg: |
Two groups of senators say they are nearing a last-minute deal on crypto oversight, but an agreement may come too late to get added to the infrastructure bill — - Senators say they are nearing last-minute crypto compromise — The amendment may not get called up for a vote in Senate| Washington Post: |
How the cryptocurrency industry gained influence in Washington and became one of the biggest stumbling blocks holding up the passage of the infrastructure bill — The infrastructure bill is in part stalled as negotiations proceed on how closely to regulate the crypto industry| John Gruber / Daring Fireball: |
| Alex Stamos / @alexstamos: |
| Apple Privacy Letter: |
| Catherine Shu / TechCrunch: |
Indonesian crypto assets service Pintu closes a $35M Series A+ led by Lightspeed Ventures, two months after a $6M Series A — Just two months after its last funding announcement, Indonesian crypto assets platform Pintu has closed a $35 million Series A+. The new round was led by Lightspeed Ventures … | Ankush Das / It's FOSS News: |
Firefox for Desktop lost ~46M MAUs, dropping from ~244M MAUs in Dec. 2018 to ~198M MAUs in July 2021, as users moved to Chrome and Chromium-based browsers — Mozilla's Firefox is losing users big time since 2018, why are users moving away from it? Is this something to be worried about?| Julia Fioretti / Bloomberg: |
Sources: Cloud Village, the music streaming arm of Chinese gaming giant NetEase, is postponing the launch of its $1B Hong Kong IPO — - Cloud Village tested investor demand for the IPO last week — Tech shares have been hit by Chinese regulatory clampdown| Olivia Solon / NBC News: |
Call center operator Teleperformance, which counts Apple, Amazon, and Uber as clients, wants to monitor staff working from home in Colombia, via AI-powered cams — Colombia-based call center workers who provide outsourced customer service to some of the nation's largest companies … | Reuters: |
India's Supreme Court rules that Amazon and Walmart's Flipkart must face antitrust investigations ordered against them last year by the competition commission — Amazon.com Inc (AMZN.O) and Walmart's (WMT.N) Flipkart must face antitrust investigations ordered against them in India … | Manish Singh / TechCrunch: |
Bangalore-based UpGrad, an edtech startup that specializes in higher education and upskilling courses, raises $185M led by Temasek at a $1.2B valuation — UpGrad, a Bangalore-based startup that specializes in higher education and upskilling courses, said on Monday it has raised $185 million … | Bloomberg: |
Alibaba fires manager who is accused of rape by a female employee, after the allegation led to a police investigation; two execs also resigned for mismanagement — - Female staff accused boss of rape after drinking with client — Two executives who mishandled allegation have also resigned| Reuters: |
China sues Tencent, claiming WeChat's “youth mode” does not comply with the country's laws protecting minors — Beijing prosecutors initiated a civil public-interest lawsuit against a Tencent (0700.HK) subsidiary on Friday, saying the “youth mode” on the company's popular social … | Bloomberg: |
Despite claims of diversity and inclusion, Asian Americans in Silicon Valley still face racism and are least likely to break into leadership positions — Tech companies love to crow about diversity and inclusion. Workers see a racist “bait and switch.” — Silicon Valley executives sometimes seem … | Preetika Rana / Wall Street Journal: |
Analysis of e-receipts from 1M+ consumers shows that the average Uber and Lyft fares in the US were 50% higher in July 2021 compared with January 2020 — Data show average fares were at a record in July despite improvement in pandemic-driven shortage of drivers
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| Christopher Mims / Wall Street Journal: |
| Kia Kokalitcheva / Axios: |
| Rachel Metz / CNN: |
| The Guardian: |
| Mark Feffer / HCM Technology Report: |
| Sean O'Neill / Skift: |