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August 31, 2021, 5:20 PM
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| Jiyoung Sohn / Wall Street Journal: |
South Korea's National Assembly passes a bill that forces Apple and Google to allow alternative payment systems in their app stores — Seoul requires the companies to allow competing payment systems, threatening their 30% cut of most in-app digital sales — SEOUL—Google and Apple Inc …
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The Verge, CNBC, Ars Technica, Yonhap News Agency, TechCrunch, Agence France-Presse, Fortune, CNET, SiliconANGLE, XDA Developers, 9to5Google, PCMag, iMore, 9to5Mac, MacRumors, Philip Elmer‑DeWitt, phonearena.com, The Mac Observer, Daring Fireball, CNN, City A.M., Android Central, Digital Trends, The Hill, Gizmodo, WRAL TechWire, TNW, PC Gamer, iDownloadBlog.com, Engadget, Barron's Online, IT PRO, iMore, Liliputing, Protocol, Telecoms.com, AppleInsider, iPhone in Canada Blog, iPhone Hacks, MSPoweruser, NFCW, KnowTechie, GamesIndustry.biz, Reuters, TidBITS, iThinkDifferent, iMore, Axios, Tech Xplore, Forbes, iClarified, and Ubergizmo
| Tom Warren / The Verge: |
Microsoft says Windows 11 will not support Android apps at launch on October 5; support for Android apps will likely arrive in 2022 — Microsoft will start testing Android apps on Windows 11 in the coming months — Microsoft won't ship support for Android apps on Windows 11 in time for the operating system's launch on October 5th.
More:
The Verge, CNBC, Benzinga, iTnews, Thurrott, Windows Central, Windows Experience Blog, HotHardware.com News, The Register, PCWorld, Input, ExtremeTech, Game Rant, iDownloadBlog.com, TechCrunch, Channel Futures, Silicon Republic, Rock, Paper, Shotgun, Android Police, PCMag, XDA Developers, Petri, iPhone in Canada Blog, Gizmodo, Digital Trends, Phandroid, MSPoweruser, WinBuzzer, 9to5Google, ZDNet, AppleInsider, TNW, Ars Technica, Engadget, CNET, Thurrott, TechPP, Wccftech, OnMSFT.com, GeekWire, phonearena.com, Tom's Hardware, and Notebookcheck.net
Tweets: @windows, @bradsmi, @cainlatwitch, @megaran, @bigcheesekit, @satyanadella, @tomwarren, and @panos_panay
| New York Times: |
Investigation shows Accenture is Facebook's biggest content moderation partner, employing over a third of its moderators, with annual contracts exceeding $500M — The social network has constructed a vast infrastructure to keep toxic material off its platform. At the center of it is Accenture, the blue-chip consulting firm.
More:
Insider. Tweets: @tvrav, @kyweise, @nytimes, @marcowenjones, @gregotto, @bitech, @k8thegr8est, @syardi, @justinhendrix, @satariano, @lisettevoytko, @tonyromm, @rmac18, @ceciliakang, @hshaban, @mattzeitlin, @sheeraf, @puiwingtam, @satariano, @kateconger, @mattrosoff, and @satariano
| Garett Sloane / Ad Age: |
LinkedIn is abandoning its Stories format at the end of September and has told advertisers to adjust their ad campaigns accordingly — Brands will have to adjust ad campaigns when video format leaves the platform after September — LinkedIn is telling advertisers to prepare for the end …
More:
LinkedIn, TechCrunch, The Verge, Mashable, and KnowTechie
Tweets: @lauraklein, @ambercadabra, @producthunt, @michellemanafy, @kageman, @martinsfp, @film_girl, @caseynewton, @_jacksmith, @campuscodi, @wolfgangbremer, @caleweissman, @katie_roof, @garettsloane, @alexrkonrad, @bdsams, @jcasabona, @ianuradhas, @lloydmiller, @therecruiterguy, @chrismessina, @cailen, @carnage4life, @ninanjira, @creativenewman, @mgsiegler, and @joshuaogundu
| Scott Chipolina / Decrypt: |
El Salvador's plan to make Bitcoin legal tender has been unpopular, with protests over concerns of money laundering, forcing trade in BTC, unconstitutionality — El Salvador will soon accept Bitcoin as legal tender, but not everybody shares the President's enthusiasm as citizens took to the streets this week.
More:
The Guardian, The Block, Protos, cryptodaily.co.uk, and Cointelegraph
Tweets: @coindesk, @decryptmedia, and @alfonslopeztena
| Zoe Schiffer / The Verge: |
Apple bars staff from making a Slack channel about pay equity; Apple says it's because it's not work related, despite other channels on pets and jokes — The company's rules around Slack usage are not being evenly enforced — Apple has barred employees from creating a Slack channel to discuss pay equity.
More:
Insider. Tweets: @zoeschiffer, @timnitgebru, @carnage4life, @braydenk, @josheidelson, @tim_stevens, @rebekahlsanders, @da_banks, @seyiakiwowo, @johnbattelle, @pinboard, and @timnitgebru
| Sara Fischer / Axios: |
Source: Facebook plans to downrank current events content and political posts in the News Feed, after users approved of tests that limited such content — Facebook plans to announce that it will de-emphasize political posts and current events content in the News Feed based on negative user feedback, Axios has learned.
More:
The Independent, The Hill, The Verge, SlashGear, Engadget, TechCrunch, Nieman Lab, 9to5Mac, and 9to5Mac
Tweets: @elanazak, @brentbozell, @joshsternberg, @calebjhull, @brandonetc, @sarafischer, @tonyromm, and @goangelo
| Sara Fischer / Axios: |
Sources: Amazon is developing a live audio feature, led by its Music division, with a focus on live music and potentially radio and podcasts — Amazon is investing heavily in a new live audio feature that's similar to other live audio offerings like Clubhouse, Twitter Spaces and Spotify's new live audio platform, sources tell Axios.
More:
XDA Developers, GeekWire, Engadget, New York Post, Voicebot.ai, and TechSpot
Tweets: @emilybinder, @lucas_shaw, @sarafischer, @thekenyeung, and @axios
| Alex Weprin / The Hollywood Reporter: |
United Talent Agency signs NFT art projects CryptoPunks, Meebits, and Autoglyphs, all created by Larva Labs, for representation across film, TV, games, and more — The agency will represent the crypto-art projects from Larva Labs for film, TV, video games, and publishing projects …
More:
TechCrunch, Decrypt, and CoinDesk
Tweets: @zoink, @rileyseanm, @jeremyjenson_, @alexmetaverse, @niftynaut, @pythianism, and @opiumhum
| Wall Street Journal: |
Wall Street institutions are increasingly tracking amateurs on Reddit, Twitter, and Discord to find trading opportunities, following GameStop's meteoric rise — Deep-pocketed banks and hedge funds now take their cues from armies of Main Street traders — Wall Street professionals tell everyday investors what stocks to buy.
Tweets: @jerrycap, @wsj, @wsjmarkets, @newley, and @anthony
| Daisuke Wakabayashi / New York Times: |
Sundar Pichai informs Google employees that plans to return to offices are being pushed back again, from October to January 10 — Google is pushing back its return-to-office date by three months, to Jan. 10, in a decision that reflects the spread of the highly contagious Delta variant of the coronavirus.| Riley de León / CNBC: |
Data analytics company Databricks raises $1.6B Series H led by Morgan Stanley's Counterpoint Global fund at a $38B valuation, up $10B from February — - Databricks has raised a $1.6 billion Series H funding round that boosts its valuation to $38 billion. — Its latest funding round …
More:
TechCrunch, PYMNTS.com, Databricks, Protocol, ZDNet, Insider, Forbes, and Crunchbase News
Tweets: @lucascerdan and @jordannovet
| Micah Singleton / Billboard: |
Apple acquires classical music streaming service Primephonic, giving users six free months of Apple Music, and will launch its own classical music app in 2022 — Apple has acquired Primephonic, the classical music streaming service, for an undisclosed amount, the company tells Billboard.
Source:
Apple. More:
Streaming Machinery, RAIN News, Coinspeaker, MUO, XDA Developers, Silicon Canals, and Silicon Republic
Tweets: @markgurman, @rbeilfuss, @billboard, @benedictevans, @benedictevans, @mattcohler, @mihirssharma, @lauritzen_brian, @lauritzen_brian, @lauritzen_brian, @fafnerthekite, @garrettmcqueen, @adrs, @edwardlucas, @ihnatko, @cheriehu42, @jherskowitz, @stshank, @brianroemmele, @stshank, @martinsfp, @viticci, @benedictevans, and @micahsingleton. Thanks:@ericleamen
| Dave Nyczepir / FedScoop: |
White House announces the US Digital Corps, a two-year fellowship aiming to recruit early-career software engineers and other technologists to federal agencies — The White House launched a two-year fellowship Monday designed to place early-career software engineers, data scientists and other technologists at federal agencies.| Carol Zhai / Bloomberg: |
A look at indie developers building tools for Shopify's 1.7M merchants, as developers made $230M+ from app sales in 2020 — - Finkelstein has called hiring challenge a growth ‘limiter’ — Pair of Bangalore developers say marketing help yielded profit
Tweets: @wicary
| Joanna Stern / Wall Street Journal: |
Getting a water-damaged MacBook Pro fixed shows how independent repair shops can make repairs more affordable to consumers if Apple allows them access to parts — New legislation aims to provide more options for fixing our broken gadgets. A journey to fix two MacBooks illustrates …
More:
YouTube, Financial Times, Michael Tsai, and The Mac Observer
Tweets: @joannastern, @nicnguyen, and @dlberes
| Ingrid Lunden / TechCrunch: |
Eight Sleep, which makes smart mattresses that cost $3K+ and use ML to regulate temperature for better sleep, raises $86M Series C led by Valor Equity Partners — The venture world is — quite literally — waking up to the potential of applying artificial intelligence to a wider variety of real-world … | Kartikay Mehrotra / Bloomberg: |
A flaw in Go Ethereum, used to verify transactions, has been fixed after it caused about half of the Ethereum ecosystem to split into a separate chain — - Ethereum blockchain was divided by mistake in client software — Network patch swiftly stabilized the blockchain system| MIT Technology Review: |
Sources and experts say US-funded Afghan government databases containing sensitive personal data could be used by the Taliban to identify millions of Afghans — As the Taliban swept through Afghanistan in mid-August, declaring the end of two decades of war, reports quickly circulated …
More:
NBC News. Tweets: @hypervisible, @aprilaser, @alexandrageese, @hypervisible, @johnrobb, @barristerblog, @techreview, @eileenguo, @techreview, @techreview, and @privacymatters
| Paul Bischoff / Comparitech: |
Study: in 2020, 77 ransomware attacks affected over 1,740 US schools and colleges, potentially impacting 1.36M students and costing ~$6.6B in downtime alone — In 2020, 77 individual ransomware attacks affected over 1,740 schools and colleges, potentially impacting 1.36 million students.
More:
infosecurity-magazine.com, ZDNet, Dark Reading, and TechRepublic
| Lucas Matney / TechCrunch: |
Offchain Labs, which is aiming to make Ethereum transactions faster and cheaper using its Arbitrum tools, raises $120M Series B at a $1.2B valuation — As the broader crypto world enjoys a late summer surge in enthusiasm, more and more blockchain developers who have taken the plunge are bumping … | Kurt Schlosser / GeekWire: |
Snap Raise, a Seattle-based startup that helps high school teams and clubs with digital fundraising, raises $90M, bringing its total raised to date to $114.8M — Talk about reaching your fundraising goal. — Snap Raise, the Seattle-based startup that helps high school teams and clubs …
More:
Yahoo Finance and Seattle Business Journal
| Bloomberg: |
Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October — - Citigroup, Kotak Mahindra, Morgan Stanley are on the listing — Startup to seek valuation of more than $8 billion in the IPO
More:
The Economic Times, KrASIA, CNBC, and Reuters
| Zheping Huang / Bloomberg: |
State media says China is restricting online gaming for minors to three hours most weeks of the year, from 8pm to 9pm on Fridays, weekends, and public holidays — - The country is imposing its strictest limits yet on play time — Beijing is waging a campaign to groom productive youths| Reuters: |
Russia's Yandex says it will buy Uber's stakes in their joint foodtech, delivery, and self-driving businesses in a $1B deal — Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber's (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses …
More:
Bloomberg, PYMNTS.com, Financial Times, Silicon Republic, CNBC, The Moscow Times, and Reuters
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