Techmeme
August 27, 2021, 7:10 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.
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.
More: New York Times, Washington Post, Bloomberg, Kalzumeus Software, Washington Post, New York Times, GamesIndustry.biz, AppleInsider, world.hey.com, Macworld, Bloomberg, AppleInsider, 500ish, MarketWatch, Coalition for App Fairness, Ars Technica, Axios, Wall Street Journal, ExtremeTech, Financial Times, CNBC, Barron's Online, Vox, SiliconANGLE, Associated Press, Nieman Lab, Gizmodo, iPhone in Canada Blog, PYMNTS.com, CNET, The Verge, MCV/DEVELOP, phonearena.com, Thurrott, Computerworld, TechRepublic, Digital Trends, The Mac Observer, Android Police, Philip Elmer‑DeWitt, Telecoms.com, TechSpot, New York Post, MacRumors, 9to5Mac, BGR, Protocol, KnowTechie, Patently Apple, Politico, PCMag, iMore, hbsslaw.com, BGR India, fossbytes.com, Variety, WRAL TechWire, Livemint, CourtListener, Silicon Republic, Mashable, Video Games Chronicle, RTÉ, Dot Esports, Wccftech, and MediaNama
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 …
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.
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.
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 …
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.
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
Joe Guszkowski / Restaurant Business:
Toast, a cloud management software provider for restaurants, files its S-1, reports it had $494M ARR at the end of June, up 118% YoY, and $38B in GPV  —  The Boston-based software provider plans to raise $100 million and take advantage of investor demand for industry technology.

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