Techmeme
August 27, 2021, 1:40 PM

Top News

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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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 …
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 …
Joseph Menn / Reuters:
Microsoft warns thousands of cloud customers that a now-fixed Azure Cosmos vulnerability might have exposed databases, but it saw no evidence it was exploited  —  Microsoft (MSFT.O) on Thursday warned thousands of its cloud computing customers, including some of the world's largest 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 …
Zeyi Yang / Protocol:
China calls the “996” work culture, a weekly schedule of six 12-hour work days popular among Chinese tech firms, a “serious violation” of labor law  —  The “996” work culture — a 12-hour, six-day work schedule that had been popular among Chinese tech companies until recently …
Financial Times:
Sources: EU to launch a formal probe early next month into Nvidia's planned $54B takeover of Arm, as Nvidia sets formal submission date in the week of Sept. 6  —  Brussels expected to open investigation in early September over competition concerns  —  Brussels is set to launch …

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