Techmeme
August 27, 2021, 7:35 PM

Top News

Tom Warren / The Verge:
Microsoft says it won't block users from getting Windows 11 on most older PCs if they install directly using ISO files, and not via Windows Update  —  Windows 11 will run on older CPUs  —  Microsoft is announcing today that it won't block people from installing Windows 11 on most older PCs.
Kate Rooney / CNBC:
Amazon partners with Affirm to roll out monthly installments for purchases over $50 to some US customers; Affirm stock is up ~30% after hours  —  - Affirm's buy now, pay later checkout option will be available to certain Amazon customers in the U.S. starting Friday with a broader rollout in the coming months.
The Verge:
Apple's $100M settlement lets devs tell users about alt payment options using contact info from iOS app, but still won't allow adding the info inside the app  —  Developers can email you about payment options that bypass Apple's cut  —  A proposed agreement between Apple …
Apple:
Apple agrees to settle a class-action lawsuit and will let developers directly contact customers, inform them about purchase options outside iOS, and more  —  CUPERTINO, CALIFORNIA Apple today announced a number of changes coming to the App Store that, pending court approval, will resolve a class-action suit from US developers.
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Connie Loizos / TechCrunch:
Interview with a16z General Partner Martin Casado as the company rolls out a new $400M fund focused on seed investments  —  Andreessen Horowitz has begun to announce new funds almost as routinely as some startups have begun announcing follow-on rounds.  After announcing a third biotech fund …
Casey Newton / Platformer:
About 15 of top 20 posts in Facebook's Q2 content report were effectively plagiarized, showing the best path to virality on Facebook is to copy someone's idea  —  Being original on Facebook doesn't pay, according to its own data  —  The conventional wisdom around the “widely viewed content report” …
Kevin Breuninger / CNBC:
The House select committee investigating the January 6 riot demands records from Facebook, Twitter, Google, Reddit, TikTok, and other tech companies  —  - The House select committee investigating the deadly invasion of the Capitol on Jan. 6 said Friday that it is demanding a trove of records from 15 social media companies.
Lauren Feiner / CNBC:
The City of Chicago sues DoorDash and Grubhub for allegedly deceiving customers and using unfair business practices  —  - The City of Chicago filed two sweeping lawsuits against DoorDash and Grubhub for allegedly deceiving customers and using unfair business practices.
Reuters:
Waymo to end a two-year effort to sell lidar sensors to other companies as it rethinks strategy after failing to generate significant revenue for over a decade  —  Alphabet Inc's (GOOGL.O) self-driving unit Waymo said on Thursday that it has ended a two-year effort to sell light detection and ranging (lidar) sensors to other companies.
Keith Zhai / Wall Street Journal:
Sources: China plans to propose rules that would ban companies with large amounts of sensitive consumer data from going public in the US  —  China's stock regulator plans to propose new rules that could thwart internet companies' plans to list in the U.S.  —  SINGAPORE—China plans to propose …
Zheping Huang / Bloomberg:
China plans to implement rules to control the recommendation algorithms tech companies use, forbidding practices that “encourage addiction or high consumption”  —  - Cyberspace administration makes 30-point proposal for changes  — Companies affected could include ByteDance, Apple, Alibaba
Chad Bray / South China Morning Post:
Chinese AI startup SenseTime files for IPO in Hong Kong two years after being blacklisted by Trump; sources say it is looking to raise at least $2B  —  Founded in 2014, Hong Kong start-up has quickly become China's biggest artificial intelligence company SenseTime warned it is subject …
More: HKEX and Bloomberg

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